New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-23
CLOSING PRICES OF BOSTON STOCKS
Boston, July 81. 1893.
Yesterday. To day
THE BANK STATEMENT.

Saturday, July 22-p. m.
BY the operations of the New-York0 llb-Treasury
in the week ended last night the associated banks
gained Sl.2i3,352. The weekly bank statement
published today showed an average gain in cash
of $40 90. The result was somewhat surpria
ing. because it was known that the movement
of currency was adverse to this city While
Clearing House loan certificates are in existence
bank statements may be dsrecartel. because they
are likely to be ines plicablc There was a
further contraction Of loans to the amount of
Si,30s.300. and nearly onc-half Of the gain II
surplus reserve due 10 the decrease in de
posts of S3,607,s0o. which was tar beyond the
reduction demanded ny the other changes. 81
is true that the outward movement Of currency
was not heavy until near the end OF the week. AMI
that, consequently its effects not fully shown
in the statement. The result of all the changes
gain in the reserves Of S3,Ol2.5JO anu
the deficit under the % per cent rule was re-
duccd further to Sl,256,5j0. At the same time
last year the banks held Il surplus reserve oil
S23. 063, 500, and in the corresponding week Ill
the preceding year one OF Sl9.11 O.323.
The following are the comparative statements
Of July 3 and July 90
Loan. ny b $40. Gy g pee DG:'ss3
fe ss, s. s SO g &c. co me- me- 700
Deposits .... 39I l,4o0O 800 ~ go pee 399 S,o
circulation . 5sJG,3OJ GO25.oOJ Inc l-9V'O
The following shows the relations between TIC
total reserve and the total deposits at the re-
spective dates:
sSs 800 200 I I"c SIS $500 100
Total ,c.eryc g0l274 100 .O60e 500 inc So ossl 100
sssHst t Gspos os54a5oo o5oo5o Dee o.l $50
suyp,us .sl.2o01oo -si.33.55c Inc. 80
Deficit
The Clearing House statement was as follows
For to-day Exchanges, Ss9,i63, 10; balances,
ss4.003.36i. For last wcek-EXclanses, S'f''-
13j, $50; balances S?6,O9?,2OO.
WHAT WAS DONE IN STOCKS.
The stool, market declined from the opening. ana
the publication of Il favorable bank statement
WAS opportune. Prices Immediately ralli'i ap0ht
| per cent and i'll Consequence ue closihg was
not weak although final changes were substan-
tial declines II. Paul as an illustration, fell TO
IL - and AT 53 is lost over pr cent. h'
selling seemed To- be for European account. Out
il may have been merely a matter OF contracts.
The warning against evil practices N srruia-
tiUn which was uttered ny the pf'>iu'h' OF 'lr
stock EXchlnge was not sufficient to proven,
a decline in prices Another special meeting "i
the Governing Committee il said TO HAY" bPeh
called for Monday. Int the reason Tor was
no. given The selling for iorri-n account m
possihlv he considered. and. th" London III iTkrt
has been reported constantly Tor nearly uI''
wears 10 he bare Of American securities. II ought
to be a fair subject of inquiry. The selling can'o
he much more remarkable than some OF the re-
cent ncgOt iatiOns of bonds in Europe Inc cos
ING WIS at a small rally from the lowest points
TIE DAY N THE BOND MARKET
There were no trall-ict ON. in Government bonds
at The >tnck ENrhanQ". but the market was
steady. and quotations wcl" unchang'd' a.
fellows: