New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-04
CLOSING PRICES OF BOSTON STOCKS.
Boston, July 3, 1891.
TIE BANK STATEMENT.

Friday, July 3--p. m
Tho occurrence of National holiday tomorrow
brought the business week 10 an END to-day. Inc
weekly bank statement was published one u'y
earlier than usual and consequently close com
parison with the Treasury operations cannot We
made By the operations of the Newly ofk Hup-
Troasur, in the week ended tonight the associated
banks lost $1,979,266. The statement when Oh
course represented the business of five days IN
stead of six, showed a loss of S2,29O9oo IN cash.
T. NAV be presumed that it was made on falling
averages and that the banks were poorer by about
60 600. 600 than the average showing fur
thor increase in loans indicated better mercantile
demand for money, but by swelling the deposits
il made the decrease in surplus reserve stll larger
The banks now hold 81 465,075 in excess OF legal
rcouirements against 3S46,05O at the same Tune
a wear ago and $5,0ls,O2 in the preceding year.
The following are the comparative statements Of June
- and july 3 ,o o. Julv3 Differences.
loans sss5S S9e go 500 y 53S 500
pe e So S ego 5 S9i 200 Dec Dec 5000
DEPOSIT 402 QS6 600 4O5 SSSg 0o Inc Inc 800
The follogng shows the relation between the total re-
serve and the total deposits at the respective dates ooo
Spcce So, 500 $40 S3 200 aSo Dec $50 COO
Total reserve Sis 600 sl1G629 800 Dec s22'oso'
R cans. rGdST Pos 100 100000 1Oc25 Inc o23
c,.,,rs sIs41,6Oo SO 465.O75 Dec. e29ie.525
Tho Clearing House statement is as follows:
For to-dav-Exchanges, S12i,74l,102; balances
- A7o215 For the week five days)-EA-
changes, S594,sO2,23s; balances, $36,l9S,35o.
WHAT WAS DONE IN STOCKS
The stock market was stronger and more active
although there was no change in the character OF
tho trading The advances in a few stocks IN
deed suggested manipulation fer London ana couh-
.rv buvers There were excellent reasons Tor
,highcr prices in the extension Of the maturing
i - Dpr cent bonds. which viii tend 10 increase
tho whine of money IN circulation, and IN te
continued rood reports about the crops. fIcSH
shipments Of gold 10 Europe were az lHIutHC
i'm the other direction, ans IL IS llllnattlal "ietF
tLev were made on old" orders or SPECIAL
cnGaceuents The common belief that these
sIfnmcnts are the end Of the outward movement
lessened their influence ana importance. -
may be doubted, However, whether 'ne "c.9Ii,
n th4 Cabinet or the exports OF 1ul"
had much 10 DO with the movements OF prices 10
Gav \ little buying for foreign account was
probably mere arbltrage business, ana 'hefe "io
naturally an adjustment Of accounts pE PROBES
siorol traders on the eve of double holldaN' III
10th cascs tbc buying may have indicated an I'M
susnpctpd short Interest The rise I'm 81. Paul ana
tba other Granger stocks were 50 sharp GhHI "oS
significant of on extraordinary 9chau !uiIcss O. -
was intended simply for the foreign market. -;
paul louisville and Nashville Union Paclnc ana
Northerp Pacific preferred closed ! - per cent
higher although the two frSi-named ehdrd p'IoW
their highest points Other STOCKS WIlch NOV
sln1natLpfically gained about per cent, and aside
from these. the general market secured small
fractiou The movement was not without eA-
centions and Northwest. Ncw-EnglGnd and western
Union recorded small declines. Inc closing was
strong ut slight CONCESSIONS
There ,yPrc no transactions in Government
hond, but the market was firm at these closing
quotations: