New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-26

TIE BANK STATEMENT.

saturday, Oct. 2o-p m.
By the operations of the New-lork Sub-Ireas-
ury in the week ended Inst evening, which included
the payment of Se4j.423 for purchased bonds and
an issue of $3.50 900 new legaltender notes. tine
New-Yorls banks lost 81 ,46o,4s0 cash. To-days
bank statement of the weeks averages reports o
loss of S063 600 cash from the averages of the pre-
ccding week. The net loss to the banks BY the
interior movement is estimated at over 81 500, 600.
Except that part Of the lockcd-up money was
returned to the banks, rs we suggested on Friday.
October L. the actual condition of the banks
a week ago was a good deal worse than the re-
ported averages for that week, and to-day state
ment should have shown 4 further loss of some
$J,0O0,0O0 cash. Tie days statement is strong
eircumstantial evidence that about $4,000
OOO or $500 900 returned to circulation, as
was indicated in a week ago yesterdays money
market. Yesterdays late money market indicates
a further return of part of the money that has
been locked up but if any such return was made
it would count for little in to-day's statement
The loans were contracted S3,Dl6.5OO. The de-
cline of S4,,jl 500 in deposits is about equal to
the decline the other changes call for. The state
mcnt results i'll reducing tile dehcit In reserve,
measured by the 70 per cent rule, from S340,225
last week to Sl2ls15, against surpluscs OF Sl,l20
215 October ~, 1889; 81 5,60S4 400 October -.
1883, and Sll ,9G2.l75 October 20, 1887.
The following the comparative statements Of October
Is and October 70
IS; & &; q D!1::i%fs;
sISisoa s5 60 Ss .Ss go &c. &c. ?i tS
The following shows the relation between the total
aud the total deposits at the respective dates:
Su,ce .... sSO.34.,>11 s7s.353,sso Dec. .9s 1000
Lccai-tend,rs .ole7i0O 2l@l-oco ms l'o-'ioo
Total reserve 900 $50 200 s995Gocoo Dec. 1903 co..
against deposits 1oos7os25 os.cola75 Dec. lls7a5c
Deficit . s3i92o5 sl24.s75 DC. SPA $50
The Clearing House statement is as follows :
For to-day-Exchanges, Sl54. 742,25O; balances.
81. ,Gs, 1876. For the week-EXchanges, S154,-
36s,4l4: balances, S32,l14,9l9.
WHAT WAS DONE IN STOCKS.
The sudden and unexpected developments of
the dCplOrabie physical condition OF the | Mon
Pacific Railroad las reported, and the alleged al
lance of its eastern OBSERVATION-DISCLOSURES the
NOrthwcslern--t0 DO no business with it. together
some fOur or five millions reduction III the re-
serve, were the additional weights put upon
to-day s.>tocll market, and they gave to the break
c-s Of values renewed VigOr in the hammering
process Mon Pacific opened of SIS per cent al
~ -. and rapidly sold off 10 A. IL; the
in the stock amounted to $4,000 shares
.,nU thc final price was ! Ia. 1t. Paul stock
WAS next i'll activity and decline il opened at
- 3-S and r1pidiv declined 10 56 l., closing al
- Ia. and New-Yoril Central sold Off from
l02 J.? to 90. closing at l0l 81, with transactions
in only l,20O shares.
These movements could not and did not fail
to exert an influence upon the Whole market.
BIT the publication Of the bank statement
showing gain Of S2:4.%J0 in the reserve, instead
OF loss, there was sudden change in the current
OF prices and the following recovery left final
prices for the general list only little lower than
thosr Of last evening.
THE DAY IN THE BOND MARKET
There were no sales Of Government bonds, but
the quotations were held firm rs follows: