New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-02-23

tho redenp,ion Of National bank notes was lowered
bv $500. G95. leaving the amount of deposits OF
legal money for that purpose at Sl747C'8'''
Subjoined is yesterdays statement, compared
with that of February IA:
Gold and bull,
and 100000. IN n,re,erccs
600 reserve s ES Ffs g Inc P s5o5SS'o
NJ: ssas a:,: s5s3 5s595 BE- e5!j ;
Silver dollars ana
dcatcs ''s' 'Vi 211454ss oos6zGos Dec. 7777so
Cash in Trcasy @7GC724o8 877,sl4,Ol1 Inc $o'l'5'S
Di tHoaa bank ks 2o85asn 2o25so75 DEC ol229
Total balance siOC oSi 7s2 sIOG572 os6 Inc s54O3oi
BANK CONDITIONS COMPARED.
B. the operations of the New-Iork SuD-lreas'
ury in the wcel; ended Friday night, when H.
cluded the payment of S29,6O2 Tor purchaSeu
bonds and the receipt of 100000 for payment
bv other Sub-TreaSuricS. the associated banks lost
Sl.s13,Ols Tie weekly bank statement pub
Iishcd Yesterday. showed loss Of S3,70S,4O0 As
the interior movements of money, according to
expert estimates, couneTbalanced each other the
difference of nearly s. 900, 900 is merely cor
rection of the previous statement. The export
of gold week ago is a sufficient explanation, and
the statement affords further evidence that the
receipts and shipments in the domestic movement
were about equal. While the statement was
made on falling averages, the actual condition of
the banks was probably not widely different from
the published showing. The changes resulted IN
loss of S3.l19675 in the surplus reserve. which
is now $l5.373 OPS, against S3,7O0SOQ year
ago, and 81 5,14O,ljO Ill the same week III the
The changes for the corresponding weeks of
preceding years were follows lS90--o0us in
crease S3G2.l0O, cash decrease Si,449IO0, de-
posits decrease S2,611,?00, and surplus reserve
decrease So lsS $50 6G incgaSG Sg3
Cs.Yf M -
$50; 1SSS-lOans increase S43l 200, cash decrease
So 400 deposits decrease S?44l, 500, and sur
plus reserve decrease S2736,050.
Subjoined is Yesterdays statement, compared
with the corresponding dates of 1890 and 1889;
Esg az e. $50 sS TG9 q GS ESE 81 100
f ESssa.:ad;is IS SS 5$sssSSs s Sc
cSpS 1880 SS Ss6S
The following shows relation the total
serve and the total deposits the respective dates
hp:ses
Total reserve s125315 900 s1lo ea5 100 sll9 700
deposits @ 1Oo574s5o 1OO9a4SOo 1o414oc75
pes s1 sIS, 1saa. s'S s. SO sssS
The bank exchanges at the NewYork Clearing House
stocks sold at the NewYork Stock Exchange last
and for the week Of the preceding two wears compare
follows
EXCHANGES Es e ss IS! ESQ a ss Ess 81
No. Shares sold. iOj93s I,553l36 G52, 3sl
TIE MONETARY SITUATION.
There was no important change i'll the money
market last week. While the rates for time
loans were trife dcarer, there was little demand,
and the supply Of call money was supcraOundant
at even lower rates than week ago. Al the
Stock Exchange rates for call loans ranged from
2a3 per cent, but the average for tue week
probably did not reach l.? per cent. further
shipment Of gold failed TO excite alarm, although
ii was not justified BY the prevailing prices OF
foreign exchange, and consequently there is no
basis on which to calculate the probable extent
of the movement Even if these shipments are
special transactions, they, indicate an eager
nent which may not be easily satisfied. Inc
occasion for the demand OF Berlin IS thoroughly
understood 10 be the customary preparations LOT
the marketing of a large Government loan; The
demand al London has been sufficiently explained
by the repayment by the Bank of England OF It's
loans from the banks at Paris and 81. Peters burg
Although the Bank of England did not advance
It's rate Of discount on Thursday, as had been
expected its proportion of reserve showed con
siderable falling OFF, and undoubtedly the Cover
nOrS would check q further loss OIL specie Dy tin
usual means. Everywhere IN Europe, however,
as well as in this city, the monetary ease con-
tinued, and the supply OF Ioanab!c lunos was
LARGELY in excess of business or speculative Tc-
quirements. No disturbance Of these conditions
in this country seems probable, because the al
journment Of Congress is near at Aand, ana 'lic
appointment OF Ex-Governor Foster as mead 0i
the Treasury Department indicates that there Will
be no change in the financial policy OF the ADMIT
istiat0n while il is full Of encouragement. 10 lHe
The foreign exchanges were quiet, and although
rates were firm during the early part or thc
week they were not maintained toward me emu,
and although the supply Of comIncrclal DIS NdS
small tbe demand for remittance was less urgent
The selling OF securities for foreign accouIt, Ido
apparently ceased, and with IL 'hat oci""N" 'o'
exchange.
RAILROAD EARNINGS.
9Th. Financial Chronicle reports the gross
earnings Of lS7 railroad companies Tor the AfoI
OF 1870 These railroads operated lIS,9?l 1ri'eS'
against 1631G at the close OIL lhe pItceunS S',
and their YrOSS earnings were SJol 80 J,''"' I'm"
pared with SSg2. 0j5, GO, and their nel eaIHIiES
were S3l j,027 1874, compared win S3OV,l ol,i"p.
While these results are emlhentH satiH" . w.
holders of railroad securities the cCnlpiiat3i. P
sents some peculiar features. Inc Union RUIN
Railway. with gain OF Sj,3I9,64S III gross e1In-
in2s, earned net 81 ie'S c an% /" with an
increase Of S4G2 gO9 lost 81 ,32s,38 IN net carr
ings The Tribune has printed me glosS e' tho
ipgs Of siXty-eight companies or 81 scIn1 iV T,,'
first week in February, and oi tnc num- 81 to,,
two companies have returned GAINS OF |n1''r ,o,
or 1913 per cent and twenty-siN companies M ny
returned losses averaging &C prr' cent of ioyt
whole number gives gain over the wen oi i',
wear Of Sl9t5Of or 81 per cent. il IS "or'hN 81
notice that the percentage was reduced lha,eI"uN
By the statements Of the additional com III ~
porting last week. For the second week ln re- s
ruary The Tribune has printed the return; -,
forty-four companies. Of which number UNI
have reported gains Of $i2l ,O33. or - -, P.
cent and fourteen companies have returned los9''
averaging 6 q ncr cent The whole nunner clNcs
a rain over the week Of last year Of S32Goo'' OF
ga per cent. AM.
The following tables divide the aggregates anu UNIV
pnces Of tho companies, showing gains ana losS'S'
30 81 499 $50 % $50 49, Inc. si2l C35 -
IA compancs... I42O,S93 .33l 773 Dec. '1o-o. %
Total 81 cos 81 $50 l5j -. 1872 100 Inc s32ooo' %
First week In Feb ,a- -. s,-. 400 10 Z /
l2 comIanes ~ GOJ - CO.. Inc s%2odaSS ~
20 coniiansr..,. 254.0i2 2.3S3,92f Dee l'o'oo w."
Total GO s. s5o.5l7 4oo2lo21 inc. slsl 5ol 81
TIIt WEEK NJ THE STOCK ENClANtfl.
The total Transactions in stocks last week we're |
G52, 3sl shares, against 953.19S in the pfenlo",
week and l,553.l3G in Tie corresponding W." ,y,s
OF last year. part Of this extreme oul.ic c Good
due 10 the fact that the Exchange was GOT /
at noon OH two days Speculation was rcslF!ttUu
also hI rclnclamcc % cntcr upon ErW 0p.II.Innl.a