New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-18
SUB-TREASURY LOSES GOLD
THE BANKS EXPECTED TO MAKE A
SPLENDID SHOWING. ...

IRREGULARITIES IN sTocKs-PREIEAIs
FOR SELLING READING AND AMERI-
CAN ToBACCO-QUINCY LOSES
MORE THAN ITS DIVIDEND.
The sub-Treasury debit balance al the ''ea.,.
t1ouse Yesterday was remarkably heavy, amou''ine
70 more than 100000. AS the payment was maui
In GOLD its effect would be largely to onset as re-
cords the Treasury's gold balance, the recent III
crease In payments of gold made by tAe GU! Jam"
IN specal deposits for customs duties. Inc 80.
rr.osurv made another Geographic transfer OF siVo
ooO gold to New-Oreans. and in addition sent o'' q
moderate sum in silver dollars Ire net ioS' -
the Sub Treasury TO the banks Tor the VEN ~
ing last night amounted to about N.'Vo"V'
hanrs have gained heavily in funds from the III
terror and to-day's Clearing House statement J"
,,octod To show a remarkable access OF cash anu
doposits An increase of 100000 in cash Is no.
considered improbable. Spectators IN wan "
are eagerly hoping for an influx OF the N'9' ~
plus of Idle money in the banks INTO 'ne 49,
market and they rejoice at the spendd c'ai"u.''
- tho hank exhibit expected to be made me
mora conservative bankers. however. say tiat INC
best feature Of the weekly showing Will o
,orgsr EXPANSION in loans. indicating reNN'i
nj legitimate businessactivity Should there 'e "
s,,hstantial evidence Of the profitable empio!hie
of the big reserves of the banks. hnahcia ''''''
believe that the effect will be Denehciai
The foreign exchanges continue "
usual strength. Rates advanced l"'"ei
day. and the tone of the market was SIZE
throughout II is explained that falling OH III
the offerings of grain bills lessons the 'otai sup
ply but the demand Is strong anu appe"
rarr.sent a uoudation OF debts by merchandise
ir,nor,ers who are able to make payments owIiis
n the Increased facilities for BORROWING H n,
here The of American secaiis small hui hui
adverse 10 this country there Is a snai. 49, ~
steady demand for remittance on a ccou. ~ Hords
portations OF stocks and less ueSi.ao' 5sGra 70
There is said to be indications o, Iuror in the
summer panic The cables reported nrieI me" die
Tor money in LONDON and ds the the hardening
tendency of money on the Continent ,..o. ,,,
The stock market full OF irresuar' e,,o u'
remained in the control OF the pr pbiiaGeinha ana
Reading stock. at fan from 2zz 10 nv" s cont The
ing income bonds declined over per cent nno d; se
nnnnment al the facts brought out in the Little
report to the bondholders committees. AfIo"s o.,
railway stocks Chicago in CONNECTION with
It's report Of November earnings ana enusa IN VI,
changed but the bears pressed tns ornc anc
cinsed the price at about lowest figures The sieSh
sold "ex-dvidend' of Il. per cent at So against So,;
With the dividend S saIes amEouned to nearly
1000 shares The other changes IN Ihe raoryonb
were unimportan and Western mon al ST.,
The industrial group was marked by heavy tai'
IN american Tobacco Company shares The weak
was t TO ine Stockton Of
Jersey. The sales of the common sto 9 eo.
1000 shares an unusual am nos iG at t The pre-
an the other hand Chicago Gas rallied sharply to
S although 1t closed a. at al but fe steadily to
ssi.a93% General Electric opened at Sy.2 feIl 10
3Sis and on the denial of the rumor that prom, ~
inent New-York director had resigned raiied 10