New-York tribune., 1891-10-16

State bonds were wholly neglected, and there
were no sales of city bank stocks.
The general bond market was quiet without
prominent features. The movement of prices was
steadily upward, although the final advances were
not large. Atchis0n incomes advanced .5-S per
cent 10 63 3-S. Erie second cOnS0lS gained the
fraction at O5 IA, and Richmond Terminal col
lateral trust IS rose from 50 to So IL. Many
fractional advances were recorded. Reference Is
made TO our full report OF bona sales.
Money on call ruled at l-2 per cent few
loans were made at 4, but many more at :; per
cent Throughout the day the supply of loan
able funds was greatly in excess of requirements.
Tie ease extended to the time money market.
and loans for sixty days and three months were
easily negotiated at per cent.
=, The Clearing House statement was as follows
Exchanges, $l2O, O,O43,952 balances, S5S6l,6lO:
The Sub-Treasury was debtor to the Clearing
House 81 ,179,91s. The net gain on balance was
$6n minus made loss up Of y Ss" in of c4rsney The
days operations included: Receipts, $j,44l ,G47
payments, Sl5S0,523; resulting in a general
balance of 81 Sl15,926,7G0, consisting Of $lO0,754,-
S3S coin and S6,17l ,022 currency.
The United States Treasury at Washington
received to-day $l02,sS8 National bank notes for
redemption
The customs receipts were S710, ,3oG, the internal
revenue receipts $i67,O5O and the miscellaneous
receipts Sl9,36s.
To-day's Washington Treasury statement Of
cash on hand and deposits in bank compares win
the figures Of the last previous statement as
follows:
Ne. gold on hd sIs sos 500 s & II Inc
Net Silver P on nd 947S 9S5 s9oIsi1 Dec. 574,124
on S1d..n1c.' hand4 ool5,7eo O.1g,o35 Dec. 71s,725
Actual cash in the
Treasury vaults
csrtlacatcs sl47 !ea -! s147 Inc. so95
Deposits in bank. 1252s,7S7 14,567SSo Inc. 2OSSo4S
Net cash bal $3.50 oo2 232 e1G2 3o3 Inc. s23361C1
The foreign exchanges were strong and rates
were again advanced. There was an increasing De
mand for remittance while there were no material
additions 10 the supply Of commercial billS. Ap-
pended are revised quotations for actual business
Bankers bills, 81 so 1-2aSi 81 and 81 81 for long
and short sterling respectively; French francs
5.25 and 5.22 1-2; rechmarEs, "a II ana % Is.
FOREIGN MARKETS.
The governors of the Bank of England at their
weekly meeting made no change in the minimum
rate of discount which remains at per cent. In
the week the bank lost f47S 900 bullion, ana the
proportion Of reserve to liabilities was lowered
| from 1885 TO 1906 per cent against rise
from 81 81 to 33 0S Der cent in the corresponding
week last year, when its discount rate was un-
| changed at per cent. At the London Stock
! Exchange British coHsols advanced is 70 94 l-S
| for money. and the same fraction TO ga bio Tor
| the account In the OPEN market rates Tor money
| were unchanged at 3-4a2 IS per cent for dls-
counts and a little higher at per cent for daily
| balances. Bar silver remained steady at ~ 3-ld;
| an ounce. American railway shares were dull
| and lower in the early dealings. but improved III
consequence Of the unchanged rate Of discount and
| the rcported success Of the new Russian loan. At
! Paris French per cents fell to 9j17 ~ eX-
! change on London being easier nj $3.50 francs 10
! the 6 sterling the weekly statement OF the
| Bank of France showed decrease OF 3l5o,OOo
| francs in gold and 5.025,000 francs in silver.
| The subscriptiOn books for the S3000,000
nor cent cumulative preferred stock OF the West
! inghouse Electric and Manufacturing Company
| close to-day at p. m. at the Office or August
Belmont & Company.