New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-11-08
CLOSING PRICES OF PHILADELPHIA STOCKS
THE BANK STATEMENT.

saturday, NOV. 1-p. m.
BY the operations of the New-York Sub-Treas.
ury in the week ended last night, which included
deposits of Sl,l65,OOo for shipment TO other
places, the associated banks lost S557,160. The
weekly bank statement published to-day showed
loss in cash of $5,6s9,1O0 This result reflects
the extraordinary movement of money 10 Boston
in consequence of the financial disturbance caused
by the failure of the Maverick National Bank
The receipts of gold from Europe fully offset ap-
parently the shipments Of money to the interior,
excepting those 10 Boston. As the greater part
of these was not made until the middle Of the
week, while the ordinary shipments fairly
regular, the statement was made on falling
averages, and the banks were considerably poorer
than the showing The further expansion in
loans of SO, 216,0OO was in the circumstances an
unfavorable feature, because il was hardly caused
by the exigencies Of mercantile or speculative de-
mand. The decrease in the item Of deposits was
over 81, 10000 smaller than the other changes
required The final result of the changes was a
decrease OF S5,353,375 in the surplus reserve, but
the banks still hold in excess of legal require
ments S6,oe5,l50, against deficits of S3,544,-
ss 9O IN the corresponding week a year ago. and
S'6O,S3O in the preceding year.
The following ser the comparative OF October
81 and November Z:
Loans ....~-sao5 ZOO s41l 100 200 Inc ss2sSo6
esa s sS9 81 Sss 90 o Dee 5Sl 900
p 6,gSs,;o2 isS
The following shows the relation between the total
serve and the total deposlt, the respective dates
S sessie 'ssss s ss2SsSS Dec Dec
Total sils $50 800 sIl lsl7Oo Doc 5000 100
against deposits 1oi,54275 Io4 2oe55o Dec. ss5725
Surplus .. az 1888 525 $685. 100 Dec. 1853 ,s75
=, The Clearing House statement is as follows;
For todsy-Exchanges. Sl3s,572,307: balances,
s5,639,e 2e For the week five days-Exchanges,
SIPS, ,473; balances, S54,243,253.
WHAT WAS DONE IN STOCKS.
The stock market was active and feverishly
irregular but the trading was chiefly local and
wholly professional. After weak opening the
Granger shares declined fraction, while the an
thracite GOAL shares advanced under fairly ener.
In sympathy with the strongest stocks, although
the improvement was slow and devoid OF spirit.
the bank statement, which was more unfavorable
than had been generally expected, and the prices
Of leading stocks began to droop. The final varia-
tons were divided pretty evenly between gains
and losses, but in neither one direction nor TIE
other were they significant. Except in Lacka-
wanna, which closed IA per cent higher the ad-
were even moro modeIcfe. II there was any
feature in the changes it was the general weak
ness Of stocks which have an international market
The Northern Pacific shares were conspicuousy
weak In the late dealings, but no plausible pre-
text for the decline made public
There was complete cessation of the distressing
rumors which prevailed yesterday. Advices from
Boston led to the conclusion that the financial dis
turbance in that city over and that the
creditors Of the Maverick Bank will receive larger
returns than were at first expected. There was a
dearth of foreign news but the continued weak
ness of British cOnsols and French rentes did not
support the hope that the settlement at the Paris
bourse would he completed without trouble.
THE DAY IN THE BOND MARKET.
Government bonds continued to be neglected
and the rally In the As was not maintained. The
market steady at these closing quotations: