New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-08-02
CLOSING PRICES OF BOSTON STOCKS.
Yestnrdav-To.d
CLOSING PRICES OF PHILADELPHIA STOCKS.
Asked. Bd.Asked.
THE BANK STATEMENT.

Saturday, Aug. Up. m'
BY the operations of the New-York Sub-Treas-
ury in the week ended last night, which included
deposits of 1878 900 for payment at other points,
the associated banks lost S2,O7s,6S6. The weekly
hank statement published to-day showed a loss
in cash Of only S6422O0. In view OF the prov
able condition of the banks week ago. the
statement was another agreeable surprise. Inc
known movements of money indicated decrease
in reserve of at least SIS, 100000. While the
changes in loans and deposits were not large the
explanation of the result must be sought, Ill the
absence of manipulation Of their returns by
few banks in the interior movement OF currency
1t must be inferred that the receipts from to
country have been vastly larger than the expert
estimates That they should he so large as 10
counterfeit the absorption by the Treasury ana me
exports of gold which did not figure In last weth
statement appears to be incredible. Inc oii9
alternative, however, would be to assume that a
few leading banks, by accident or design nau
misrepresented their condition In its details tle
statement was unusually consistent. Inc fes4lC
of the changes was decrease OF S22e,9'o III ulo
surplus reserve, which is S19,4Sl,3oV, ae'nisu
Ss,950,550 in the corresponding week So"i
ago, and SS,216,175 in the preceding year. 49,
The following the comparative statements oil 'u" "
and August l: nigorences
So 3 sSS be- be- s5SSS
Circulation $50 3913G0O i08j, 600 Inc l'-'oVV
The following shows the relation between the tO''' IT,
serve and the total deposits the respective dates
E p ale S 5sS Gee coo 'SPi5sOc SoO
Total .si2i s79 OOO Dec sei2 200
against deposits 1o1 csSe75 1ol27545o Dec 41S22o
surnlus .. s1e,710325 81, 4sl $50 De; s-2S975
The Clearing House statement is as follows:
For to-dav-Eychangcs, Sl0l. 764, Az DaianceS'
S5,67l $50 For the week-ENchanges' Solo'
947 ,456: balances, S21,3I ,'lh.
WHAT WAS DONE IN STOCKS.
Tho rouv that was started Yesterday was con-
timed to-day with great spirit ana COURAGE
To be sure the trading was local ana pfp!esSIol,l
but these attributes have attached 70 tue ndIyet
for n long time. There was, however, an aPPaIeh99
dearth of stocks and when this fact was delecIc1
The bear faction, especially among the room Iraa-
ers FASTENED TO protect their contracts III Uleli
eaGernesS they advanced prices on themselves, anu
the rise in the stocks, in which the short interest,"
has been generally supposed tO be largest, became
rapid and. near the close, almost tumuItuous
There was no news of sufficient nnpoI'1nce ~
affect the course of prices The London market
was reported to be quiet, with an improving de-
mand for American securities, ana there was MOI
foreign account in the early dcailngs
Although there was nOthlng uollY III
foreign exchanges rates were rather weak any 1
there were indications that they would ne rcducSd
carly next week The supply of commercial his
furnished by the heavy exports OF products is
beginning to increase rapidly and the ineVltanlc
effect must ne lower Idlfb loI 'iiA"' -.
more sanguine operators do not hesitate 10 predict
the early return of part ot the gold sent apIonu
The final dealings were favoraby Influenced by
the publication of another gratifying bank state
ment, one which was vastly different from what
had been commonly expected. Although 1t ana
not present the actual condition OF the banEs, 10
gave fresh impetus to the upward movement
and the closing strong and confident AT the
highest figures The final gains were about
per cent on an average.
THE DAY IN THE BOND MARKET.
Government bonds remained neglected, and DDS
FOR the as were lowered IA per cent. The mar
lxet was steady in tone at the following quotauons
--- Pid Asked RID. Asked