New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-10-11

THE BANK STATEMENT.
Saturday, October lO-p.


a.. onorotions of the New-Yorl Sub-Trcas
~ ~ the week ended last night, which In.
oI~dad deposits of S2,694,70O for shipment to
+hor nlaces. the associated banks gained ~ ,522,'
&c The weekly bank statement published TO-
so,, showed gain in cash Of 81 ,07C,4OO. In
view of the large receipts Of gold from Europe
and the fact that week ago the bank reserves
were larger than the average reported, the IN
crease in cash wac less than might reasonably De
expected The movement of money TO the IN
tcrior. aside from Treasury operations, must nave
been considerably in excess of expert estimates
but it should not be overlooked that the imports
Of gold counted in the statement for little more
than oue-half Of their sum. The statement I'M
doubtedv was made on rising averages, ana IL
reflects hardly more than the actual condltlon
of the banks at the close Of business last week
Not the least favorable feature of the statement
was a further contraction Of 200 in loans
which have now fallen again below the amount
of deposits The increase in deposits was larger
by over 100000 than the other changes re-
oured but the discrepancy was not specially
significant The result Of the changes was an III
crease of S3,536,725 in the surplus reserve, and
the banks now hold in excess OF legal REQUIRE IRE
1nents SC 639,415, against So 55,225 in the cor
responding week a year ago, ana q denclt OIL
S76s ,O25 in the preceding year.
The following are comparative statements of October
and October 10:
Lean. SSs s. g D@iSSP?;
B bsSeissno'i' @ E%s SSS
The following the relation between the total re
serve the total deposits at the respective dates
Specie SS s3SsSSSo Dee
Total reserve $50 800 800 Inc siO7s4OO
against deposits 1ooo4s5O 1o1s72o Inc 5sse75
Surplus ...... s31o2,76o sa6a9,i75 Inc. 50, 725
The Clearing House statement is as follows !:
For to-day-Exchanges SIP. ,408; balances,
S5.7226l5. For the week-Exchanges, $780,
lib; balances, S30,7O5,975.
WHAT WAS DONE IN STOCKS.
Speculation in stocks was excessively dull, and
the fluctuations in prices were unworthy OF notice
Louisville and Nashville was specially heavy and,
closing at practically It's lowest hgure, IL los.
SIS per cent bat the transactions IN 1t were light
although somewhat larger than they have Deen
in he last few days. In only one stock, Atchlson,
did the business exceed 10000 shares, ana ag SI
market was firm until near the close. when IL
fell off rapidly the publication or the pahk
statement Disappointment that 1t dld not snow
larger gain in reserves was the ostensible reason
but apy other pretext would have served equally
we'll The professional traders who completely
controlled the movement OF prices eVdeaoy mao
of the Hebrew holiday on MONDAY AS ~ Is tne
principal holiday in the Hebrew year. they ar
gued that the markets OF the world Woulu I've ue
prived of the support Of that race which at presen
| is very largely enlisted on the side OF higher
prices. In accordance with this theory. the clos
| ing was made as weak as possible In the absence
| of important and controlling news The final dc
| clines, however. were not more than IA per cen
ON an average while few stocks exceptionally
| recorded small advances.
THE DAY IN THE BOND MARKET.
Government bonds were neglected at the Stool
| Exchange, but the market was hrm al thes
quotations