New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-01-05


1oa .ss}2 2@ 50 90, 5;' s3 3e@ 800
H. @ caG RS . $500 % - 800 o.5'5 ;0p
dr Citation 'oS s565oo O3?a-5o5 55o95o
1h. following shows relation between the total TO-
serve and the total deposits At tine respective aafs;
l. esena r; ...... o-5257oO 2674i.ooo -O''h'oo
To.d reserve $40, 5o2 200 sioio91oo %1o5 2ai9oo
asaas. d.po't 1o.-.oloo lo-usloo o',e51o2'
su.plu, ,..... s7.saaIoaa el,75s%G.oo *s.''ss5i
y ian M cN Gls.s at c %ew.Yor@ Clearing House
and the stocks sold the NewYork Stock Exchange last
The Of the preceding TWO wears compare
as ''''"' jan 80. Jan, 80 Jan; "a 2 ~, G!;
80 sA.r.-, sod. eOl,S49 9O2.2l el99G'
TIE MONETARY SITUATION.
The au;icpatons which were commonly enter
tanned OF serious disturbance IN the money
market in the last week Of the year were NOT
realized. While there was sufficient demand 10
carry rates every Gag 10 about : per cent 'hc
supply Of lO0nable funds was suhlcIeht 10 lcdd'c
The rate aftcIWard 10 per cent. mat the com
narrative ease i'll money was real, ana not the
result Of speculative movements, was proved pN
the refinement OF large amount OF Niellbt
i!CuSc certificates. The weekly bank statement
reflected the growing confluence, and made some
progrcss toward returning To It's natural tunctloh
of showing the actual condition of the banks
While the statement was inconsistent in ltsrll, me
discrepancy III the item of deposits was opposed
to the errors of the preceding three weeks, ana
to hp hoped lldl a. toutlluill't Va '"'N
money Will entirely correct previous hlSldN'N,
The interior movement of money has not ,uIh'u
in favor of Ncw-lOrk. although the demand rom
the country is less urgent me leans N'ie Ilo'
materially changed, and Whiic thc Ia" VIZ
nomnally per cent. the supply was not pi"i'lIul.
Lenders. except on CALL were sun eAtIem'IN way
and critical, and excused thehHciIe" ~ ,'io
possibility of financial legislation III 'oH-''S''
Whether their fears were well grounded may nc
doubted for Trustworthy adviceS from N2thlnS-
ton hold forth little promise OF any declsI\c
action on financial subjects by that body, ~
financial situation in Europe has improved 1ut
not to the extent which had been eeheI"lN
cXpcc;ed Money is still exceedingly easy al
Paris and il is probable lhdi the IHIu'IIns
onerationS which are soon TO he made Will release
a large amount Of gold now boarded ny tle frencn
public There is no reason L" %leN4 uhe I' f
rmors that the Bank OF France would ask iohi
the Bank of England repayment OF the iotn n ,,
in November ii was stated officially AZ the time
that the loan was made for three months WIN
the privilege Of a renewal for three months IT
is reasonable 10 suppose that the iow rates Tor
sterling exchange al Paris are caused 'N lH'
natural Condition of trade between 'h' W.
countries and not by the financial operation IT,
ferrd 20. Tie demand for gold from tnc n .' y,
of England proceeds from nearly every country IN
the world and while its spcc' reserve Is Iai-r ~
is not likely that the bank VIII perm. any ro
Withdrawals without hIrnn- opposition. nc
for,irn exchanges were dull. hut toward TIE cI"s'
of the week became strong under M9'e SF w.
quest for rcmitt%nce ana Il lSn, s"PpH i.. rrrbiJ
1ncrcial bills Will" the pIc-"n' I''cs ',I 'i''
frcsI, in,nortation, OF gold. any nrc" pulch1N'H
Of American securities 10y Europe would quickly
RAILROAD EARNINGS.
Tho Tribune las printed the gross earnings
of sivtv-tVo companlc, or systems Tor the l;II"
,,cpli in December OF this number l"Tt! -,"I't
companies have returned cams aEc''-lHs , in' M
cent and nineteen have returned i">S'N aNeI"LIi.
f. nor cont The Whole number gives yam
over the week Of las, year OF S@'''I4-' OF f''i
cent , diso,
once, Of the companies. showing eain- and losses
30 WICK IN De- 52.-si s. oi ~ Inc e5l-fG ~
rata, go 90. s715o.7g5 :7.4s79u Inc t$57li2 90
THE WEEK At TIE STOCK EA'liAN"L.
The total transactions III stocks in the I'VE
busincss DAYS Of last week were 0l",""' SH'Ir'
against 1925 shares IN the preceding ven, ANY
AGAINST gu?.2i1 Shares lor the corresponding Weth
oi las, year To Ncw-lcar> Day speculation IN
stock, was simply an evening oil accounts. 80
the general course of pres rIG,c H'"' I'' "'
...ri, i'm an advance Tie " bear faction Wa
frightened D.. tie ah>cuc" of hn'ncih "lH'HI
and tlc year ended without great ac'Nl "I'
with IL remarkable change ol sentiment )" "P
ward movement which WAS begun on WEDNESDAY
,.a> cont, uacl 20 tire very close, au! t.r Hr.
prcr, for tine week Wcrr m'"c IN me hHaI ''H
ir.. \r4ri from unusually easy r]''> j.. W"h''
an ne absence of important failures ci.rr I'D
financial or commercial circles. thee was h' new
to anoc; tie coursc OF prices In' icP''' ~
General business. IN Tact, were rAcc'lh3\ c'''hI
o,iro and tie Clearing House exchanges for the
ycar showed that lie volume Of business wa,
much larger than IN re preceding year. ne iron
1l...tr, dnc. NET iu,~ovp however and thc prices
81 hath southern AMI Fcnns- wanna pll-iron have"
f,rcr ~ low l..va'. while steel rail are quoted
- 50 q tC2, a. |u'' pfl.': pIo".'N ITO @
sales could he made. against SO q ton !a'' year
I'm addition. labor troubles have become moro '\
tcnSivc. especially iu 10" l:on ana coal N'I'N.
The occurrence that excited greatest ans u',."h
in tine week WIS Tie controversy between th-
I .rinr Pacific and tie -. Innl and Rock Island
railroads over ihc Oma1H Brlitr contract between
tEn.c con,oarir> There i, - wide divergence of
ouiuiop whcfhr. o." Quarrel viii have SrIioG,
cou.o., Irucrs and Interfere with the completion Of
tIe ua,y Western railroad association Tie e'r"uI
meeting of the Western presidents viii be held
in TINS CITY on THURSDAY. and = few Of them have
been holding daily conferences a Chicago - dr-
fnrrnnc their own course Of action. Whether
they viii bring g. tie mcctiue discussion or I"r-
11ouy cannot be- guessed IN 'lr discuss. % about
Tho omaha Bridge trouble il h1e been ar-ucI lr
some quarter that ~" noes. ticN Of the Western
railroads would compel com pIi"nrr win The re"
agreement The 80" jcr'r D. r'' corr 100. a1' O.
| I've. nf 'tl