New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-29
TIE BANK STATEMENT.


BY the operations OF the Scwiork ub-Treasury
in the week ended last night the associated banks
gained $4,000. The weekly bank statement.
published to-day showed an average gain III cash
of S2,Sl7,1G0. Although the receipts Of
rcncY from the country were somewhat smaller
in volume. they more than sufficient to
counterfeit the exports Of gold. Tie shipments
by to-day's steamers, of course, do not appear
in the statement, but those made week ago
count fer the full amount, while those made on
Tuesday were too small TO exert much effect The
expansion of loans by $751; 05,s0G was due largely
to the activity in the Stock Exchange markets
The increase in deposits was smaller by over
Sc, OOO 900 than the other changes demanded,
although there was an unusually large dIs-
crepancy in the same direction week ago. The
statement vas hardly on rising averages, and the
actual condition Of the banks was probably some
what poorer than the showing. The result OF
all the changes was Il gain in the surplus reserve
of S6l3,1O0, and the banks now hold III excess
of legal requirements 1913, 1880, against $50,
O20, 800 in the corresponding week year ago. anu
S23. 943.l25 in the preceding year .
The following are the comparative STATEMENTS
of January II and January %:
eG ,13 80 Inc P ss 1880
$ ss 500 sg?is S$S Inc
Circulation 1890. 5,G46.900 o,5s6,3oo Dec. oo'ooo
The following shows the relations between tho
total reserve and the total ueposis a' '"o ~
spective dates:
Spesie tender, So $50 6oo5s Inc. 2.io5aoo
rool reservesl42 500 si45's3s 200 Inc sesl77oo
asans, deposits 1loeeooOo Inc e24
sr,n,us 500 $50 GOO se3,i43 300 Inc. sG13'7oo
.rhn Clearing House statement was as follows;
For fo-dav-EXchanees, $l4j,l tS,?43; balances
gSo,3.606. For last week-EXchanges, $685.
2l7l2S; balances, S37,O56,O3i.
WHAT WAS DONE IN STOCKS
The transactions even in Sugar Refining ana
Distilling and Cattle Feeding were SURPASSED ny
those in "a new favoIite from the ranks 81 w
industrial shares. The common STOCK VI VIZ
American Tobacco Company was lOrce tbn dcn%-
in IL amounted 70 over $4,000 shares ana III ,ie
two hours of business there were nearly i.U,
600 shares. The fluctuations were not ialsc
point. its final gain was only J.! per ceht. OF
the recent movement in Sugar REFINING there Wa
at least the excuse OF an excessive shoIt mr.
est and it's defeat has been accomplished Dy thc
exercise of rare and masterful skill III cannot
be urged that the Tobacco stocks have been SUI
jected to bearish attacks ana inc eNlrao.ui'aS
activity in the common to-day su2ges.eu al, nn
amateursh manipulation 1t is hlghly WoDaplc
that the purchases and sales dovctacd tose'nG,I
with remarkable ease Reducing I4oa I , IT,
ship. On continued buying Tor thc shpis h az
count the stock rose a per cent to the ngne '@
rreafer CELEBRITY and its first and last prices were
fhe same. The late movement was explained III
part by the return, in one lot OF @o,ooo slair r
Of borrowed stock. In spite oil the actNe Jo'I,
ing in the last two days, 1t may Teasonaoy , W
doubted il the short interest has been eAPelicdd
from the stock and part OF the selling .owai.
Tn the loan crowd the stock still commanded "a
premium OF IL GALS per cent Inc ,iliio C sui
in point Of activity was Distiliing ana ncer.
taintv within a range of less than per
cent cent? but although it ended with a
slight rally its final loss was as only 9L,ee '- soakr
nou,ad amounted TO over 100000 shares out OF
,,a total business of little over $4,000 shares.
The general mar ket naturally was uuii T Tinal
the movement Of prices was irregular fl h',i
va, were commonly small declines, but
executions were not infrequent and' as a run
stocks which have an lh'erha'ion'' l'''"'
cordco sld,, in Government bonds limited
70 81 900 registered As at ia Ia. lheie WIS
no change in quotations. winch ren''i''c" ID LUZ
lows: ~, .srea BldAskcd.
s,as 1891 c.L IL eur eur. Ss 1896 ios,s
;:ssIs liz gs;s;$: 1888
.nonc State issues small sale of Tennessr,e
sotfIamn5t 6s was made at io2 Ia. City DahN
stocks were wholly neglected -. ,,. firm,
The General bond market was qulct "nI T.; u; ".'
olthnunh small concessions were permitted IN a
Sn issues which have recently advanced Atcni-
son As closed ID per cent higher at .? l,@; on,-
sago and Northern Pacific rs'S WrG and
tiyelv active at ~ 3-4a1G 7-S PhliaueIpin '' 80
Rcadins general 4s were in sharp demand up 10
3d. and 81 IS closed Mjth s s"ln 81 Is w prc
cent aronnd io. On the other hand Chicago
and ysra t.: pr first, asn5 IS g per- a cent
anu c 81 i ~" reference is made to our fan
Rates FOR call money at the Stock Exchange were
nominal. as usual on Saturday, but few loans
WERE RE n sub treasury was debtor to the Clearing
House S705,237. ,.rr,,rxr
- ..;n,s from customs reported at Wash
Inc tol6av were S74o,7l6; from internal rev
enue s5o4se and from sce"2 SIas sSI Ns
81 al, Votes for redemption, and the recepts
on his account for the week amounted TO S,
ss5S secure SstSn bank ponds nors
ton il holds 81 SO O36'soo 10 'hese JULIUS
Curr Is . IA a
NOR G0n JV