New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-26
CLOSING PRICES OF BOSTON STOCKS.
TIE BANK STATEMENT.

Saturday, February 2i-p. m.
By the operations Of the New-York Sub
Treasury in the week ended last night which
included deposits of S0l 1000 for payments al
other points. the associated banks lost
SGi6,056 The weekly bank statement pub
lished to-day showed an average loss In cash of
1904 400. The movement of currency from this
city was continued a large scale and for it no
reasonable explanation has vet been supplied. The
fact remains that at all the principal financial
centres In the country money is in sharp demand
and that wants are supplied by Withdrawals from
New-York. The movement may be temporary, but
in connection with the outflow of gold to Europe
its effect on the reserves OF the city banks is
real and substantial The contraction in loans
amounted to nearly 81 900 900, hut this my
have been caused partly by the heavy liquidation
in the Stock Exchange markets. The decrease
in deposits, which reached SlO,90j,l00, was con-
sistcnt with the other changes The result OF
all the changes was loss i'll the sur
plus reserve of S4,22l,12J, but the banks stlll
held in excess Of legal requirements Ss,3o4,"3
against $?G,960..00 in the corresponding week
a year ago. and Sl3,63O,215 In the preceding
wear -
of February / ! and February 2j
non, Fs% 900 SIS So 81 Dec s@?f3;s
1s saeadei. sSssSSs &c &c. 50 i$S
pcposs eco so -59s So R @ 1929 700 700
The following shows the relations between The
total reserve and the total deposits at the rc-
spectlve dates
sG $500 Ss sSS P Ds '
Tooi rrs.,,c 200 sl2. .5Gisoo DCc 30
again, depoiits 100 DOB 300 Is177oe5 Dee. 272s275
Surplus ..... sis so5 900 s9Ss4775 Dc ,. 29I -
The Clearing House statement was as follows :
For to-day-EXchanges, Sl4i,724,Gs!; balances
So .3oI .06i For last weck-fvc days-ENchanges
S14j,s1l, 499: balances, S3O,O59,2js
WHAT WAS DONE IN STOCKS
The highest prices, for mos, stocks wee ni%de
in the opening dealings. The prominent en-
ceptions were Sugar Refining. which toward tlr
close rose to III "a, and IN spite OF CONCESSION
Of IL per cent from the highest point recorded d
cain of Is per cent, and New-NOrk and New
England which touched 80 5-S and al 20 -
sill closed the fraction higher than the last
nrice Yesterday Among the other active stock
Northern Pacific preferred fell and Philadelphia
and Reading l.? per cent and in both cases
the last prices were only "A little better than the
lowest The general declines were uhdrr pr
cont but the movement was fairly uniform ana
the closing was not strong. Runors Of new Ic-
criverships We're not lacking, but they were no'
confirmed and more important influence WIS
the growing fear Of higher rates for money. Inc
weekly bank statement was 10 worse than tic
known movements of money hal lhu,'aUi' pn'
il proved the serious drain on bank reserves,
which has been going on for the last few weeks
After the close of business rates for loans OF
stocks showed noteworthy lack OF 9cinan".
There were no transactions IN Government
bonds AZ the Stock Exchange, but the market
was firm at unchanged quotations as follows;
rs... ,so, e.G n''A'"S' Us ss.e,sss H. ~ "'':
Sc: 81 !5 Is &c;
DE- Col sSii s9i.IIiis ia -,
Among State issues Tennessee sct' cmcn' IS
were in demand at a -sa,, '-o inc '"i,
other sale was for 81 900 Alabama class ~ ~
1Ol. CITY bank stocks were neglected -,
The general bond market was unusually ac-
tive half holiday the reported 1iansaGslo ="
,bn business was in Philadelphia and Reading
issues, in which apparently thr SpsTima ino r
uidation has not been ccmPle,'a sccnnd Incomes
~ ~ Ioaas a ard third incomes to - -
The final losses were 3-4 per cent III 'h' , hi@r
two classes and - per cent nor '% cent T't to
9a3a A few other issues suffered fractlohai
declines. Reference is made 10 our iu'' ''p'i'
o' Rates for call money at The Stock ENcha T
,,.erc nominal. as usual on Saturday, but lew
loans were made at per cent. =, ,,.,.,,
The Sub-Treasury was uco'oi W '"c '''''"e
Uouso SAL ,523.
THE WEEKLY TREASURY STATEMENT.
Tha rocoipts from customs reported AZ wash
inyton today were $iol,l45; from internal Ico
cre Si60,Is3, and from misccIiali"9IS NJ
ionaI hank notes for rcdcmption and thr receipts
on This account for the week amounted 10 a.
IA go To secure National bank no'o cfculd-
ION Il holds Sl70,973,jj0 in Ties" bonus
currency "a, ~; 90
ESur & Ss Der cents cvcndd at per cent y
Donds deposited for circulation during the wee
,-i3 900: bonds held to secure circulation VIII
2,a,rn -: National bank circulation ont
standing-currcncy notes ,h I' Trcasnry hoIas
20" 30; I'd lcaaitcndcr money for the rc1emp-
lion Of Surrendered circulation ..o. r;ahor
In London British consOls were trillc high'T
~ % f,r money and unchanged AT the sam"
d nrice for the account In the open market money
was easier at ga Is per eGGd for Bar a,Sc sTeT
'i" ;,od s.oodv at 30 IL Sd. an ounce" Ainrii-
csn railway shares were dull bn, extremciy strong
and the closing AT the iiihS, p o,,,o 40 y,
Paris French 8 per cents rallied 20 cch'lmcs 10
Os47 IL.
Tho following table gives the current Quotations
n, cItv hank stocks together with their value ana
tie latest sales. - ,