New-York tribune., 1891-12-27
THE MONEY MARKET.
THE BANK STATEMENT.
SATURDAY,, Dec. 26-p. m.

Saturday, Dec. 26-p. m
By the operations of the New-York Sub-Treas-
ury in the week ended on Thursday night which
included deposits Of $4,000 for shipment to
other places, the associated banks gain'd S0oe,-
6s5. The weekly hank statement published to-
day showed gain in cash Of S2,5l0,6OO. The
increase in specie was partly due to receipts of
over SOL 1000 gold from Europe, but the gain
In the total reserve was much larger than the
known movements of money had indicated that
the inflow from the country must have been
greatly in excess of expert estimates The further
expansion of loans ny So,4l5,200 may he at
tributed in large part TO the more active specula-
uon in securities, especially as il was accompahr"
by steady appreciation in pfces Inc depoSl's
were swollen BY this cause that the increase
In total reserve was nearly offset by the larger re-
quirements. In lis details, the satement WAS
unusually consistent, however; and probably
nearly Approximate exhibit of the actual condition
Of the banks at the close OF tae business week
The result of the changes was an increase oi
S31s,525 in che surplus reserve ana the banks now
hold In excess of legal requirements SlV,4ooV%9
against S7,725.l - III the corresponding week a
year ago, 81, ,2Ol,6s5 in the preceding year. and
fhs following are the comparative statements of De-
Loans .....s422 $4,000 s425 Inc. sSai$ 2oS
S:sss i$sS S5 5SS .ss5S sstSS %s Rs $50
inc Following tie relation ortween the total re-
ssse sssyf and .ac c's qfGG, " 5 Se2 Inc
Legaltenders 80 6'o'fVO "h''7'AVV A'C' '''fOO
Total reserve $3.50 100 600 Inc. s2,5lOooO
against deposits III 800 llss23575 Inc. 2lo2o75
surplus ....... Si9iO 500 sia4SOO25 Inc. ssls525
The Clearing House statement is as follows
For to-day-EXchangeS, Sl5',300 O45 balances,
e6,O37l6S. For the week five days Exchanges,
$64l, 81 O,994 balances, SG4, 4,4S7,.ll.
The Stock Exchange. was closed; anl the day
was observed as q holiday generally thrOughout
the world The banks and public offices were
open. but their business was somewhat limited
and. there was little doing in foreign exchange
rates in that market were steady
The Sub-Trcasury was debtor to the Clearing
House S559,GO9.
WEEKLY TREASURY STATEMENT.
The receipts from customs reported at Wash
ingtOn to-day were S50S,S54 from internal pv-
enue S74i ,921, and from miscellaneous sources
S45,75s. The Treasury received Sl92, ,00S Ma
tonal bank notes for redemption, and the receipts
ON this account for the week amounted to
$sS5,s65. To secure National bank circulation
it holds Sl56. .996, 500 in these bonds: -
currency SIX ~ ~ s1 10 10
Four aud oSehalf per ISoSSS
Bonds deposited for circulation during the
week 1857 500 bonds held to secure circulation
withdrawn, $4,000. National bank circulation
outstanding-curency notes, S172, ,935,S2l gold
notes, Sll4,762 against which tIe treasury holdS
$50, ,794,662 legal money for redemption of sur
rendered circulation.
The Proctor x Gamble Company has declared
quarterly dividend of 2 per cent on the pre-
ferred stock, payable at the office of A. NJ Kiddcr
d Co. on January o.
The Board of Trustees for the New-York Bank
for Savings has declared the usual interest, at the
rate of four per cent per annunl, for the SIN
months ending December 81, on amounts Of over
So, and not exceeding $4,000, payable and after
January Is.
The regular quarterly dividend of ga per
cent will be paid on January 90 by the Delaware.
Lackawanna and Western Railroad Company.
The Eleventh Ward Bank has declared semi
ANIMAL dividend of per cent, and the Merchants
Exchange National Bank one of 3 per cent Both
will be paid on January 2.
Vermilye & Co. offer by subscription at O5 1-2
1896 600 City Of Jersey City per cent bonds, due
January 2 1922, issued to retire a like amount of
2 per cent bonds maturing January ., 1882.
TaintOr & Holt offer TO investors line of first
mortgage bonds with principal and interest pay
able in gold
The following table gives the current quota
tons Of city bank stocks, together with their par
value and the latest sales: