New-York tribune., 1891-09-27
CLOSING PRICES OF PHILADELPHIA STOCKS.
THE BANK STATEMENT,

| Bv the operations Of the New-York Sub Treasury
In the week ended last night which included
deposits of $5,54e,5Oo for shipment to other
places and payments of 81 ,oo7, ,e2s for purchased
bonds. the associated banks lost S945,947. The
weekly bank statement published to-day showed
q loss in cash of $4,22s,200. The movement Of
money 10 the interior was larger than had been
expected, and presumably the banks were poorer
than the showing. The expansion of S3,227, 600
in loans was caused partly by the heavy receipts
Of grain for export, and for this reason 1t was
healthy sign The item of deposits showed dis
crepancy of nearly 81, 900 900, but this prob
ably correction of previous differences. Under
the monetary movements the statement was not
an unfavorabe one and the certainty that reserves
will be replenished speedily by receipts of gold
from Europe deprived 1t of its customary In
nuence A half-million dollars in gold was
brought by steamers which arrived to-day, ana
nearly nine millions are known 10 be on the
way. The result of the changes reported IN tne M
statement was reduction of $3,74s,S25 in the
surplus reserve but the banks still hold S400s, rs
in excess of legal requirements, against Sl4,Oio,
400 in the corresponding week year ago, Wnen
there was an increase of nearly $l7,O00,oo0 III
specie, and against S935,75O IN the preceding
year.
The following are the comparative statements Of Sep
tember 10 and September %:
81 ss.s' 4 sSs $;2.
sgss 500 SS Dec Dec 1885,
CiieG alton .... 6.5O8,s0O 6.o7O,Soo Inc. codoo
The following shows tile relation between tho total
reserve and deposits at the respective dotes
s.ecis .... se2,4sS000 s02, ,4o3 100 Dec. s79. 900
iilr.sa'.tendeis =. 40,ol37U 42ieo,i Dec 4hsSoo
Total sI0o 800 ECO 500 Dec 1929 200
ssant DEPOSITS 1ol ssss5O o1eo s7S Dec 47eS7s
surplus ..... s7,750,75o si,oos 125 Dec sS.7iso25
The Clearing House statement is as follows
For to.day-Exchanges. $l65.S35,S7l; balances.
S4,51e. .503. For the week-Exchanges. Ssl4'-
066,622; balances, S31 ,5Os.345.
WHAT WAS DONE IN STOCKS.
The separation in stocks, which must inevitably
follow such movements tnat in Missouri
Pacific. began to be visible to-day. Another
break of over per cent i'll that stock eXertcd only
q moInentary influence Oh the general market anu
the concessions in the substantial stocks rarely
reached / per cent. while many absolutely refused
10 turn from their upward course. III tneSc cIr,
cumstances IL s idle 70 inquire the cause ana ana
oriein OF the new movement. Ii is a reasonable
assumption that many investment holders OF MIS-
souri, Pacific have been brought 10 reallzlng Sensc
of their constant danger, and that they VIII Ds
quick to transfer their interests. Ihe buylnS
which caused the subsequent rally was suihcenty
interest which has been created in the
last few days. Union Pacific was again
extremely active. and after. steady de-
ef Of and pe5 edseS ieG only IA per cent Fellow its
opening price, with a final gain OF l-2 per cent
from the last price yesterday Every attempt 10 pro-
sharp and prompt rally, and depression is brought
about again only by Increasing the volume OF
outstanding contracts. or the ,$5,5O0OOC col
lateral trust notes offered for public subscription
there remains only 81 100000 TO be taken AS
the entire amount was underwrtten defeat OF the
plan is impossible. The position of the interests
which based their specuatons on the prospects OF
a receiyership is not to be envied and IL would
not be surprising If there were in little whle I'M
portant changes in the management OF both the
Union Pacific and the Missouri Pacific Companies.
While the final changes were divided the ad-
vances were more numerous than the declines.
On moderate buying Lake Shore rose over per
cent, and the leading Granger shares were IN
demand at advances OF about l-2 per cent ne
publication of the bank statement was without
effect because the showing was no worse than had
been anticipated, and the early arrivals OF large
mnorts of specie preclude danger Of monetary Dis
The closing WAS active and strong
with an upward tendency.
THE DAY IN TIE BOND MARKET.
There were again no transactions in Government
ponds, but o. market was not strong in tone |
md bids for the extended l-2s and some of the |
currency issues were lowered. The closing quota
ions were follows