New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-05
CLOSING PRICES OF BOSTON SyOCWs.
Boston, Feb 4. 1893.
I,-.
THE BANK STATEMENT.
Saturday. February 4-p.


By the operations of the New-lork Sud- lrcaS-
ury in the wecl, ended last night, the assocla'ea
hanks lost Sl63.514 The weekly bank state
ment published to-day showed an average loss
in cash of S2.sl5,3OO. This must be considered
a reflection on the exports Of gold a week ago,
which did not appear in the preceding statement.
The shipments in the last week counted, by the sys-
tenn of averages for little more than Sl,21O,OO0,
Int the receipts of currency from the interior
were unable to offset the combined losses. III
fact it may be doubted If the receipts were iuliy
up TO the expert estimates The statement WIS
made on falling averages, and the actual cohdI-
ton OF the banks was again somewhat poorer
than the showing The further expansion Oh
loans BY SO,73O.3O0, after an increase of over
SO O0O. 900 a week ago, could hardly be explained
by the business at the Stock Exchange. The in
crease in deposits was slightly smaller than the
other changes demanded, but in its details the
statement is fairy consistent. The result OF all
the changes was loss in the surplus reserve OF
S44s0,3OO but the banks still hold in excess OF
legal requirements Sls,654.O00 against S33.4ii,-
425 in the corresponding week year ago, and
S2O242,675 in the preceding year.
The following are tho comparative statements
of January 2S and February a.
,ao. 3'P ; Ss s.o, Fis Inc P y 800
5;:$s;'s I: g e e: ' sjSS8
The following shows The relations between tho
total reserve and the total deposits az tde Ic
spective dates a.o
Iesa tender, -. o5s 100 59,loiloo De. s'7o)o
Toa serve si45s,s. 200 sll2.ie 900 De. s2s5&oo
scalnt dpsit, 122 lo4ooo 1913 SIS 90 Inc. GA COO
surplus . ses14ssoo ais 6ji coo d c. $4,000
at,.s as
For to.day-EXchangcs, Sl33,GlH 1854; balance,
S6.25s.4?3. For last wcek-Exc changes, $685.
535, 483; balances. S45,63o.l35.
WHAT WAS DONE IN STOCKS.
The strength OF the stock market due to
n growing belief that the Government purchases
Of silver bullion under the Sherman Law OF 1890
will be ended by vote of Congress next week
In this hope the exports OF gold and the loss IN
hank reserves were without influence The move
ment of prices, consequently, was toward II higher
level and although small concessions were per
mitted in the final dealings, the closing was Iela-
lively strong Advances Of from 10 nearly )
ncr cent were made by Sugar Refining end Dis
filling and Cattle Feeding, which were the NEST
active stocks How they may be- affected By the
repeal Of the silver law was rot explained, but
The advances were less substantial bccau',
they were accompanied by skifui manipulation.
The transactions in these TWO Stocks were inurh
mora than one-thrd of the total business, but the
movement was sufficiently uniform, olthOu IN tie
gains in other stocks were smaller The anthr,-
cite coal stocks were not Influenced pr'cptipiF
bv the report that tho Central Railroad OF New
Jersey was i'm closer accord with the Pcnnsylvania
Than with the Reading Railroad, and they received
small gains al;lio they were comparatively
dull l;v far the most encouraging feature OF
The Stock Exchange markets was the unsatIs'lc!
demand for railway bonds
Thcr, were still no tiansaciions III Government
bonds at the Stock Exchange, Dut thr mdtNc'
was firm az unchanged quotations as iolio"''
Cs.4hs1s9i coli S'cmi' w. W i sSH i09l "
tp. , ~ ~ 10, l. s. cur g.. 1887 ITO
liz liz ;s' 49,: IL;
Dis col.o-o5,Is94. li1ta 80. ~ -.
State issues were wholly neglected; OF cry
hank stocks American Exchange soh Nool d,
ISL; and Park 800 at 81 -,,.. .,.;o
Tho general bond marKct was unusually 49,
the eporteI transactions being about 81 ,ouO,oJu
Tho fo9tna supply 50 small that !urtiieT az
vances were the natural and n"Titanlr rs.n ",
.he increo sd demand. The movement was lalrN
rnifcrn, although special causes aicctcd s'Vef'u
;ssues Erie second cons0ls gained the Traction az
iOIl-o Chicago and Northern PacIhr hists I.dG
as Der cent to -, and Northern Paclhc c onsni
"a closed SIS higher at %. Chesapeake AMI ono
;s.nns" we're active but their final gains were only
email fractions Richmond Terminal collateral
srmst "a opened and closed at the same henrr; Da.
his showed an advance Of IL per cen., WINE -
. - nor cont 10 81 Philadelphia anu l'ei'iin-
;ssucs NJ duic. bat general Is wer' me iractlo1
better ut ~ - and OF III" incomes ''ir SSa"'h'
ia nor cent nj - is. NJ. Louis anu .,'n,nj
mcstern Grsts ros. - p"r cent 90 % am an.
nds nor cert 10 ~ H.. Edis"n Err,ric
ninuin,ti,r drsts on small transactions close
,n, cent higher at 126 I-?. Last prcr' aln'f'
vwitbout execution were the Nest. hcieic"'c "
made to our tn report ot bon" s.'H, ~ ,,.o
Pate, for call money 1T On" S'Ock INc ,s,eII
iu't' 40 us,al ON Saturday, but "a siall