New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-12-10

CLOSING PRICES OF PHILADELPHIA STOCKS
TIE RANK STATEMENT.

THE BANK STATEMENT.
Saturday December 9-p m.
BY the operations of the New-York Sub-Treas-
ury in the week ended last night which in
cluded deposits Of 100000 for payment at other
points the associated banks gained SG7l,565 The
weekly bank statement published to-day showed
an average gain in cash of 81. $50 500 The in
crease was largely in lega-tender notes, and 1t
proved that the movement Of money was. on
balance, still in favor of this city. The small
exports of gold counted for almost nothing in
the statement. Treasury payments 10 the
Clearing House continued to be in gold
favorable feature Of the statement was further
increase of s2.S5S5O0 in loans. and for the first
time in many weeks the increase was larger
than the gain in cash. The statement was not
wholly consistent because the increase in loans
was larger by nearly 100000 than other changes
:, demanded. The result of all the changes was
further gain of $i5S.525 in the surplus re-
serve. and the banks hold in excess OF legal
requirements S76566i25, against s5.5O'SOO In the
corresponding week year ago. ana $lo"@'ooV
at the same time in the preceding year
The following are the comparative statements
Of December and December g.
Loan. s P. ., loo 81. IS. Inc P' g
f%ssr tender: 0 ssss$ e i i$S
HsPSss 4i i IS, $ 90, ~ i 49, 1890 bee Dec 30 ic
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates:
sp,cle ... slo4 3cs 500 sloi.9oa5oo Inc $1,000
legal-tenders 9a.aG4.4oo "4s'i'" Inc i-a2 100
Total se7 .cs3 200 SlY Inc 81 ~ 500
against deIosiis i2I ssG3Oo i232o.575 Inc I.$G'273
surn,us ... s7Go,6.soD SO 500. ~, Inc. s46s.525
The Clearing House statement was as foi-
lows: For to-day-Exchanges. Ssl.9O13Ss: bal
ances s454645l For the week-Exchanges
S5I, GO6j7i; balances %'Ai.o".
WHAT WAS DONE IN STOCKS.
The stock market was dull and droopng
fall Of over = per cent in Distilling ana 'a'ue
Feeding was sufficient in a narrow market 10
affect the whole course Of prices. Whether the
tax on spirits will be increased by ~ or % Genus a
gallon, possibly remain unchanged, II Is GER
tainlv unreasonable that divdend-paying stocks
should decline in mere sympathy. II Is not
plain why the Granger shares Tor instance
should decline l. per cent. or more, sinpS ps
cause the Internal Revenue bill mas no. p.v"
arranged by a Democratic Congress. North-
west however. lost more than -. Paul or Chl
caCo Burlington and quincy. and fractional de-
| cIines were suffered by Louisville ard Nash
| Vile New England. Philadelphia ana Keadihs'
| Union Pacific and Western Union leIeBIaph.
The business of al these companies cnhho. pe
| Influenced by any action that the Congress
| may take. The market must be con,roncu.
therefore by other causes. and II is possible lha'
| in the case Of railway stocks prices depend SOM
| what on traffic returns or the prospects oi
business in the next few months, lhere
can be no doubt about the declines IN inc in nous,
VA sre not readily saiapie The closing
quiet but generally at the lowest hgures ,. ne ,h'
| transactions We're so small mat possipE '''
| declines were entirely meaningless.
There were no transactions in Government
bonds at the Stock Exchange, but the iiarK KEY
was strong in tone and bids were raised Tor
some Of both the gold and currency issues
| Final quotations were as follows
Z sos & t,i at 's' IS ss5 IS IS; -
re ger &C. %eP 1,.,1 reg IL ii+ sa 8 i s lI@
| pis.c 's s-Ss isSi.iiirs liz
The business in state issues was limited TO
small sales Of Virginia funded dcbt - per
cent at 55& There were no sales OF city pahn
stocks. - ,....,,,ol,. dull
| reported transactions amounting 10 o,nY s'oo, |1
! oo6 ar face value In spite Of the Guness ana
Wv in cnnseouence Of 1t the movement OF
nrices was upward. Atchison general is gaineu
the fraction at 7o'. after .ouc1ii h,ober ~ ioa
( On email transactions Colorado Midland Is ros'
w per cent to ~. Northern Paciilc cohsol 81
advanced the fraction to 32$4, Dut Chlcaso a' ~,
%orthern Pacific firsts declined Y PEI cent TO
AZ large number of issues recorded slsht
gains. Reference is made TO our iu'' ''P'''
IRA Rates for call money were largely nominal,
as usual on Saturday. but a few small 'o""S
were made at prevailing rates tho Clearing
! The Sub-Treasury was debtor al III" '''"''"s
House $354,194
THE WEEKLY TREASURY STATEMENT'
Tho yeceipts from customs reported from
v-aabington to-day were 1921 .959; from mterhaI
revenue 5000 52S and from miscellaneous soui.e1
ss4 IA The Treasury received $oZo'Voi 49,, 80,
| banknotes for redemption. ana 'he ,d tn9doW
| the account for the week ended W-u.I
amounted to s2,1S3,052 To secure COO ia ,b@
banknote circulation 1t hold $2oS5solVo III '''e''
! bonds s,c 40 oo
Currency fs us ~
-Four per cen MT, c cent: S,cnc At p cen, % so
ponds Jeposited for circulation during .ne
u,enk sA27 800; bonds held TO secure circuia.iom
w.,,birawn 1864 800: National bank clrcui' l., ~
outstandirg-CuTency notes, Troec,,r, holds
notes sa7 057; against which the 1rcasuil n''u
a., 9.o ass legal-tcndcr money for the Iede"P"'"
/ Of surrendered circulation. - ,,,.h.rgod q I
"a IN I,ndon British consols were unchtitcu ~ ~
ss7s for money and 9S l-lG i"r NE ,bc Rank of
,r.aiand was reported. III IN" open r'n' \,
,nnnv was slightly easier at ~ per cen, i"' va,
I cunts nd 2n2h PEI cent Tor pahkV,9 -.
Par silver yielded further Is 10 ga q" "o''', >
,narir., railway shares were duIl ana AZ "'
, ~ Icing was not strong. AT PARIS fIeCl
ana tile i'esI firm and q few centimcs higher
. ., oa 25 sight exchange on London remaining u'-
changed. :, pullman Franklin b..
". ava others have been constituted coin-
i"p9'. " cor the protection Of the first nof'gare
,,", II The Fort Worth and Denver Guy IAN ,
~ which is required in view or me re'a a. tl1"S
iss,,nc between this railroad ana the Ti,Ie
paci0c and the Union racine. i''". c,,h IN g
pa,iwavs Bndholders are invited To- sohu Gnu, ~ ID. a.
~ ndgs chairman Of the committee Me'i "a
Srosaos with amounts Of their respective "o''
ings. . r. oe,, 10 investors a sclec-
,,, ~ choice securities, partly exempt H"
Edunnd and Charles Randolph announce wa
~ a,'. nrepared to buy 100000 Phlladeipi'''
and Reading receivers certificates. 49,, ,ho,,
p 7 C;oodhart & Co. announce lhat '' IA
| NJ dealing In Cincinnati anu