New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-23
THE MONEY MARKET.
- prs1yEss on THE STOCK EXCHANGE ON
ACCOUNT OF THE HOLIDAY.
THE BANK STATEMENT.

Saturday, oct. 22-p. IN.
To the operations of the New-YOrk Sub-lreas-
:, the week ended on Thursday night, which
u ' deposits of 81 OF, 900 for payment al
k.r points, the associated banks gained $751;
ooo The weekly bank statement published to-
80 shoved loss in cash OF S31 100. This result
,,sctly travcrses the known movements OF money
cbinments of currency TO the Interior were con-
,;,uei on a fairly large SCALE but there were some
..cepts o. gold from Canada, although these may
lave been only in transit. The contraction in loans
uas unusually severe, amounting to S7lVl'loo'
ami il was followed by corresponding reduction
!, deposits. The discrepancy IN isis item when
has occurred in the preceding two weeks was noI
.orrected In Its details, however, the statement
aas unusually consistent. The result of all the
,banses WIS Il gain OF Sl,793,37j in the surplus
,sserve and the banks he'd in excess Of legal re-
opremcnts S2,332,425, against Si2,39l,l50 in
,Se corresponding week year ago, and a deficit
~ Si24,s35 in the preceding year.
The following the comparative statements Of October
Is and oe'oter y; .-
Loan. 49, + 9ss SIS Nff5sP& s.
.nd .ss s. s sS Dee Dee
fT1lstlon ....~. 551,;O0 5'0ll,4to Inc. 1910
tn. following shows the relation between the total re-
..rve and the total deposits at the respective dates
I:a;end is 40,s02,JOO 4G,.Oi 40 Inc llV2 100
Total reserve. sly osa 500 siI755S 200 Dec s3l,loo
E sssiHs, dpOs li7o457,O D'c ls24.s7S
Surplus .. $3.50 o5o $3.50 425 Inc. 81 793 $40
The Clearing House Statement is as follows: :
For to-day-EAc changes, $l4s,Ssl LOG; BALANCES,
S5,754,267 For the week five days-Ex-
changes, $676, 007,07s; balances, 3l,34e,350.
The Stock Exchange was closed BY resolution
OF the Governing Committee. In the general
market rates for time money were not changed
materially, and naturally there was nothing doing
in foreign exchange.
The Sub Ireasdry was debtor to the Clearing
House S552.632.
THE WEEKLY TREASURY STATEMENT.
The receipts from customs reported at Wash
iDgton to-day were S7s5,Cs2; from internal
revenue Sl,O47o34, ald from miscellaneous
sources S3,445 The Treasury received 1921, $50
National bank note. for re ienption, and the re-
eeipts on this account for the week amounted to
S9sl,14s. To secure National bank circulation
It holds 81 81, III 900 in these bonds:
Currency s5 20 "a "a! S99
Four and ha per cents extended cent 81
Bonds deposited for circulation during the
week. $256,2;0; bonds he'd 10 secure circulation
withdrawn, S93.75O; National bank circulation
outstanding-currency notes, $172,3s3,sl6;
holds S25,lss 6$4 leedl-tendcr money for the
redemption of surrendered circulation.
In London British coCsols remained unchanged
IT 90 1916 for both money and the account The
Bank Of England lost 100000 bullion on balance.
In tie open market money was steady at about
21-2 per cent for discounts and per cent
for daily balances. Bar silver maintained its i'm
movement at 80 7-16d. an ounce American rail
way shares were irregular, but generally strong
and Wabash preferred gained about per cent.
The closing was without reaction. At Paris French
per cents further advanced few centimes to
$40.
The Buffalo, Rochester and Pittsburg Railway
Company has declared a quarterly dividend Of
ia per cent on the preferred stock, payable
on November 10.
The Wheeling and Lake Erie Railway Company
will paw o quarterly dividend of per cent on
the preferred stock on the same day
The following table gives the current quota
lions of city bank stocks together with their
value and the latest sales: