New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-27

ing for an issue Of new legalsender notes amount
Ing to nss. sis9 ~ 2
foregoing table Of Treasury holdings under August
I6, 1890, we have added only $l5,0oo,oOo 70 tns
Treasury balances Of that date for comparison
with its net balances by yesterdays statement,
which shows that from August 6 TO October 20
the Treasury operations ordinary, by bond p9r-
Shases and % silver p fSe TressnSy
By Yesterdays statement OF the New-iork banks
they held in cash $so,666,e 500. against $9s2
goo August 49, paly gain Of az SSt GOO
issued by it in that period. Inc net gam Dy I'M
potts of gold id The last-named period has been
about pv That
the new money created during the different
perods il not held by the Treasury, is in general
circulation or partially boarded. o., .u.u,. =, 80
October 26 the Treasury expansion oy dlsourse.
ments in excess of receipts and the creation % OF
new silver money amounted to about Wv, 700 0oo.
The New-York banks in the same time lost SS,-
600 OO0 and the net imports Of gold were 81 ,OO0,
600. Total amount Of addition to circulation out
side of the Treasury and New-YOrk banks. $40.
this wear of over $50, 600, 900. Now in the ten
months prior to August lS. $50, there had been
silver expansion Of $40 900 600, while the New
York banks then held $21 100000 less cash than
on October rs, 1889; giving sac, 10000 in the
ten months ended August lB, 1890, which has
gone out Of the Treasury and OF the New-forK
baG ns;. - nnou..,o,ah,v is true that the move
ment of money to the interior this autumn has
been heavier than usual it seems impossible TO
that of
I6 or anything like the whole Sl02 900 600
missing from the Treasury during the last twelve
months: There Is no novelty IN the Withdrawal "a!
from circulation of large amounts Of money Dy
capitalists. 1t never has been the custom hereto
fore when it has been done to employ methods oy
which statistical information would develop when
4 L. ooHu al never
in the last thirty years has the statistical ln1orn
tion which is obtainable furnished stronger EVIL
dence thnn that above given that there has been a
mysterious disappearance Of cash which was s,,1 IN
sight nd is tO be accounted for upon no other
hypothesis than that 1t has been withdrawn ana
still is kept where statistics cannot reac c1
answer the plain logic of such statistic,al
information as is vouchsafed to the whole punlc;;
There is no patent upon such information, an.
it only requires labor and intelligence properly
to present the facts to the public in which IL Is
chiefly interested. .
The common rate for money last week was o
ppr cent for call loans, with two or three Tempo
rary fiurries up to and per cent. But on
almost every day the late loans were made az o
or per cent, and on Friday, which should DC
high-rate day at the Stock Exchange. after some ne
early loans at per cent there was in the last
hour an abundant supply, which was unioanaDe
and was offered at 3 per cent This, If IL lnal-
Gates ANYTHING seems to show that ON that day
late in the afternoon further sum OF the locked,
up money was let out But under the unnatural
conditions which are ruling the money marvel
lenders are very chary OF making tiIne tness st
ments They can measure and approximately estl-
mate the natural flow and ehb Of money; put
when they run against, as they have IN the last
few weeks, sudden and unaccountnble disappear,
ance of cash, naturally they are desrous to hold
their funds we'll In hand. .,. ,,o,o
The foreign exchanges during the week were
quite irregular. being strong and weak aiterna.e!s
almost every day The market was quiet, now
ever and only moderate business was done Ior
saturdays mail, with a weak tendency in the
market. and final transactions were on a 9ass
Of 81 81 IA and 81 "a "a respectively lor ions
and short sterling.
RAILROAD EARNINGS.
period is now reached when the railroad earn
were regarded as phenomenal For instance the
gains for the second week in October leS9,
averaged 1Io0 per cent. while those for thc
third week averaged 1924: The tribune has
rauics or systems for the second week in OCTOBER
Giving an aggregate gain Of S402,5l6 or "a per
cent. 1t also has printed the returns Tor ule
third week Of nineteen companies or systems.
giving an aggregate loss OF $5n,o. or a,I pei
ST. Paul, Northern Pacific. Canadian Paclhc, ana
Toledo Ann Arbor and North Michigan, all OF
which last year showed heavy gains on the week
The subjoned tables divide the aggregates and
differences of companies showing gains and losses
ssfs Is:
Total 70 94 81 8I $50 5 51s s4S? $40 s.
9 2isss q S Ss S2 bee bee Sos3 g.
rot,, 70 co.'s go. 72O scs s2.715 o3s Dcc s5775 81
TIE WEEK AT THE STOCK EXCHANGE.
The stock transactions at the Stock Exchange
last week included 1,lSs,Sl9 shares in the gen