New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-08-07

TIE BANK STATEMENT.


Saturday, August c. p. m.
| By the operations of the New-York Sub-1rensury
in the week ended last night, which included
deposits Of $3.50. 900 for payment at other points,
the associated banks lost Sl,i02,014 The
weekly bank statement published to-day show ed
a loss in cash OF s., 500 300. This showing was
not widely different from what should have
been expected The exports of gold were not
reflected in the statement week ago, and
sequently The banks were actually poorer by
about that amount In the last week the banks
lost currency to the Treasury, while the interior
movement was not largely il favor of this point
There was further expansion ia loans by
So, SAB, 800 but this was probably due neither
to speculation nor Mercantile demands for money.
The decrease IN the Itcu OF deposits was over
81 i 90, 900 smaller than the other changes de-
manded but the statement was in every
spcct. representative of past conditions, and the
actual condition oil the BANKS not far from
the total showing The result OF the changes
lOss of $j,432, $50 l., the surplus reserve, but
the banks hold in excess oil legal requirements
SIS, 79S 425 against Sls42O,sj0 III the correspond
my week year az, and 81 .2e6,OOO iii the pre-
cedlng year.
The following are the comparative statements Of July
Loans Ir S5s Sc go .9s Inc p sssco
SS sS$s 2SS Be- g.:
CSPSi ' sss5CO SO Dee Dee % 900
aud the total degGss 500
Lsgal.tenders -. g. 7e5 COO OO27Sl0O Dec. thI7S0
Total reserve 1856 5O7 100 $50 81 1000 s55os3oo
against deposits 1s2 27ooo5 ls2II5,675 Dec. leo45o
Surplus .. s21 osi 275 SIS 7os 49, Dec 81 49, $50
The Clearing IOuse s'stcment Is as follows
$5.2436oa. For the week-EXchanges, S607,-
35I ,776; balances, $37, 436,sa7.
WHAT WAS DONE IN STOCKS
Tie stock market was dull in spite of the ad-
iournment Of Congress. The opening firm.
hut realizing sales depressed prices and the lack of
support in stocks which have been prominent re-
Gently encouraged other sales by the bear faction
The fluctuations were narrow, however. and
generally meaningless The Granger stocks were
affected adversely by repeated rumors Of serious
damage to the corn crop by hot weather, but the
stocks Of the largest carriers Of that grain suffered
smaller losses than others which can only he IN
hucnced indirectly. II may be inferred, there
fore, that the course Of prices was controlled nv
something more than the alleged shortage in the
production Of corn. The injury was confined I"
the Southwestern States. but stocks of railroads
in the extreme Northwest yielded with equal
readiness. While the final variations were gcncr-
ally declines, they approached ! per cent Only IN
the case of Louisville and Nashville. and the
transactions in that stock were 700 ll2ht Ia
posses significance.
The closing droorng in consequence partly
of the publication Of the hank statement. which
traders professed 10 regard as more uniavorable
than had been expected.
Government bonds continued 10 he neglected at
the Stock Exchange, nut tne market was seaNy
at these quotations:
BID Asked s.s,: 1879 r .::s'
' sas 1857 cou iid,. c"rSs 1853 -.
: 1921 60 ss5 1s iio D'' ' 500
State issues were unusually active. The
business included South Carolina 6s Brown Con
sodaton) at 90 ga, Tennessee settlement IS
at 10 and small at SC, and settlement 6s AT
1Ol Is and 10l IA
There was no demand for railway bonds, ana
the movement Of prices, on account OF the dul-
ness was slightly downward. Atchison incomes
yielded 3-s per cent 10 60 Is. Ere second con.
C qg and K they ed seconds
reacted small fraction TO as 80, and wabash
seconds lost IA per cent at so "a: Reference
Money on call at The Stock Exchange was
nominal, usual on Saturday, but a few loans
were made at / IL per cent.
The SubTreasury debtor to the Clearing
House S5Oe,O37
THE WEEKLY TREASURY STATEMENT
The receipts from customs reported at Washing
ton to-day were S794,26l from internal revenue
$45l 30, and from miscellaneous sources 81 '2'1
The Treasury received 5000, 300 National bank
notes for redemption, and the receipts on this ac-
count for the week amounted 70 81 es,Gi9 Q; 10
secure National bank circulation II holds Sl6J,-
634,7 in these bonds:
-Four and half per cepis extended at yer 22c5o $50
Bonds deposited for circulation during the week,
S27l 700; bonds held 20 secure circulation with
drawn, 81 900; National bank circulation out
standing-currency notes, Sl72,2j9,J73; gold notes.
81 OF ,O42: against which the Treasury holds S2G,-
073,s69 legal money for the redemption Of sur
rendered circulation.
In London British consols Were unchanged al
90 rs for money but a life lower at the same
price for the account. In the open market money
was slightly iirmer at 1-S per cent for discounts
and easy at IL per cent for bankers balances.
Bar silver fell 3-l6 TO 30 34d. ounce, and was
quoted weak a. the decline. American railway
shares advanced slugg3lly in response 10 III"
upward movement in the home market. Al Paris
French per cents further rose II ID confines
to 09.37 IL, exchange on London being higher
at 2jl7 IL francs 10 the g sterling
The following table gives the current quota
tions Of city bank stocks, together with their
valne and the latest sales: