New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-09-22

issues for purchased oliver. which were part or
the week ended August 80 the cash WAS rciiccd
$4,5OO,000 which, adding 81 .OOo,o4o Tor t.e
tissues against silver purchases gave S'3"r'o"H
as tine ooSn put nfS e cash
reduced $j.!00,0h0, which with the ISSUES loI
silver purchases was IN expansion OF the mohrS
in circulation of $1,000. 900 For the week enncd
September l3 the Treasury cash was reduced 49,
900, 900, which wihlI the silver issues made an
expansion Of 81, 100000 That brings us down I'd
one week ago, when the cry OF treasury Ies1r ld
been at any previous lime This was IN the i~e
of the fact that since August the Treasury cash
had been reduced $40, 50O."o0. and the new ISSUES
for silver purchases IN the meantIme-the sIEcr
purchased being part of the cash "l H'p''h.nti
l3-haviug been $5,S0O,0o0, making 20 aT T"t
expansion In the SIX weeks OF $l6"oo'ooV. Inv INV
there was lookup of money for speculative pnr
poses docs not admit Of dispute; nc eretrl
the stringency for money bcc"me the higher were
the quotations made for Government As no o',en
security failed to he adversely Affected by the
monetary stringcncy. First-class railway bonds
and municipal loans were alike affected out Hov.
eminent IS, which ore dear at 20 WIN Inonc{ az az
per cent advanced during the late period OF
strn9ency over ? Per cent in their inor"c' nn"''-
tiors. and the TiraS,.fy foNnd il Lr""'s'rX III
order to save the co"ntTy ,rl",n'" COO "' """
per cents. All this distress ard Threatened c?I"i
it, were simply for the purpoS" OF permitting a
syndicate which had been quietly paving Hi"htr
prices than Tie Government figures TO- : per
cents to realize prof. on about SSou"."oV
IS sold to the Government last "Wednesday al
1854. o,
in,occnt money lenders and frightened bank prcs-
dents into boarding their money. ana II was ti.i>
boarding outside of the conspiracy w,lcM R"r" ~
thu syndicate the power of Forcing the treasury;
Without the scare the lookup VI money woai1
have been Intellectual, and rates for money wou ;
hive continued to rule fairly easy an" ,ne os a;a
ness of the country would not hove been dls-
turbed It is the lookcr-uD nj any dStiirpai'e
Of the public peace that furnishes aid nnd con1of'
and gives courage to thosc who arc ro'asN We III
poscd As stated above. Yesterday ;>eW-ioIk
hank statement reports the cash on hama al some
thing like 81 100000 less than the sum he'n AZ
the close Of bnSi;css last FRIDAY crchlNe' .hu
Yesterdays Treasury statement also shows riSh
holdings in excess of tie actual cash remann"
in its vaults of abont $l7.o"o.0oc To.rorr"w
the Treasury will pay the October interest on t'ic
registered As. amounting 10 abou' S'."""'oV"
These changes of q wcrl; also add 10 the Ioanahi"
funds those which were withdrawn from market
because Of tile crcatc'l monetary scare: .,a
In view Of all these facts ana CONDITIONS, anu
Of the continued iSsu" Of over $j,oOOooo new
lcral-tenders per month for the purchase o! silver
bullion it. seems rrasoHab'c 10 expect tha' tne
rates for mopcy Will rule iuordina'rE low. con-
sidcrjna the activity in the general business OF
the country. Already the exchanges or the IN,
terror ore turning favorabiy 70 E"w-iork: as II
was to lie expectel they would do AZ ,hcns'
cxchan~c on Ncw-lorll has risen from 81 discount
10 40 cents discount. While this rate Will nov
bring mopcy Fast. The discount IS )" crts '~'"W
what will move money West. AZ BOSTON New
nits the movement O. money III neither dirrct o. o.,
The foreign exchange market is Giuttcd wan niIIs
drawn against cotton shipments. 81 t'Ia' me AT
tjcpaird recovery from. dc,"oraliznt IN hc'''~r
of in, monetary s:rnlrnrr huc t'"cli sua!'. ana
thc market is weak Oh ha1's %, 81 81 Ia ana
81 Sil-4 respectively for lon- and short s'~rilAc
In the r,orc: uiarkot al the stock Exchange ne
rrtr declined froin IA per cen: Pc diCin ana IN
torres, on ,iondnv morning 10 about J per cent
per arnunl on Friday.
RAILROAD EARNINGS.
We have rcachr,, Period wien thr railroad
earnings are cup!pnrd with very fhv"ro'lr
period oc l.so For thc A7>; Vice.; II September
fo., lcar tie roads ''rr rrn"rtiic showed gain
ON - of ,ey cent and for thc s'cpna week 81
Scu,n,nhrl = gain of ne: rlN II per cent. ~"
Trilu;,r has reported the groSs earnings for ~"
first week in Sr'"en'rr o. this ger Of 90 com
ponies or sl>irn'. giving an aclwGnf" OF -.
n33-a ..ain Of S-ojlee. 0! 50 per cent. q! ~"
total nl,,nurr IL r"Ti"u losses arF'rea'i"@ S"1,-
t,,., or g.. Pc cert. Fer TIC 'rc"lri ""c> III
September wr have printed 'hc returns % y" corr
ln;irs c,.inc az aG!rcc ~. NJ IS - ."h'-a cam
nf : 10 or - ~" cent. OF Tic total hUh'"r
RETURN losses asgrc,,: .timg S"2.3l4, or 81 per
cory
Tie snhjo:ncd tables divide the aggregates a"h
differences % companies showing guns any i"~'r"
80 %TrE II, rS7s Sc ~ eis rnt $40 ils
10 com ,anics.. 4ss 057 1880 Dec G'o6' %
Total. 60 cos Sc C5ei s. 2,s o3s Inc. .'"'.lso g."
q ~ We" IN S.s 81 81 20 ,e5 In f-ic-4
5 con- i,anics... l.:c't"S l..'7.lSi Dee. S-Mf u"
a., o., H. nOo Inc .i4 20 81