New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-05-07
THE BANK STATEMENT.

BY the operations of the New-I York Sub-lreas-
ury in the week ended last night which included
deposits Of $4,000 for payment at other points,
the associated banks lost S34S,322. The weekly
bank statement published to-day showed an
average gain in cash of Sl,115,sO0 Other
changes were small and meaningless Inc con-
traction in loans amounted to only S262,6oo, ana
the increase in deposits which averaged Sl,'4''-
100 was larger than il ought to have been by
over $500, 900 This may have been merely
correction of similar discrepancy in the opposite
direction week ago. The statement was III
every respect complete surprise, and IL was 10
contrary TO popular expectations that the improve
ment was considered artificial. 1t is the season
when the movement of currency should De IN favor
OF this city. but on account Of the uncertainty
about the currency and the financial policy of the
Government the receipts from interior points nav
been in drblcts. 1t is possible that the delayeu
shipments Of gold about n te Week trust
companips have been fairly large lenders OF monty.
Tho result of ali tie changes was gain IN me
surplus reserve OF S679.025. and the banks nee. ai
in cxcess of legal requirements S679025, against
Sl4sOS5O1 in the corresponding week !eai
ago, and ST. $50 in the preceding year,
The following are the comparative s'a'en'"''
of April 20 and May 6:
Lean. S9 pee Dss SO So 4 -SS
%s,ir " sssSS 5is9.SS inc 1s .giSS
p r2oia,Ii So Y00 553s Dec. $500
rho following shows the relations between tho
total reserve and the total depos's a' '''o ~
spective dates: aeon, 200
ipSsif IS aS5c5s 800 5iSSioS inc 100000
Total ,e,crvs SLOPE 800 si2i s2s 100 Inc sii5soo
assns. deposits los o'o15o los 4o2 o2' In 4Sc71
su,rus si2 l50.151 4I2 .s35,l15 Inc. s07o'o.5
The Clearing House statement was as follows:
For to-day Exchanges, $l!0,0CI,0S4; balances
Ss499G1s'i ,p poe last sss %ess1Ac"""se'
WHAT WAS DONE IN STOCKS.
The stock market was comparatively qnct
| although it still nervous. and ii9ctuaIi9ns
were frequent even if they were not VIDE hnua
| the Half1Iolilay law Saturday is practlcaiiy
! monday Loans cannot be called, and consc-
auently failures are impossible; These facts may
modify in some degree the influence oil tne inorT
| A. the same time final variations were more
often declines than advances; and the closing WIS
by no means Confident Ihe N meakne was ., per
| haps the most conspicuous feature OF the marke'
St. Paul exceptionally lost ! l.? per cent, an
closed at it's lowest figure. but fractional losses
were suffered by Erie, Atchison, Louisville am
NASHVILLE. Reading and Union Pacific. Northern
Pacif. and Wabash preferred stockc closed ., az,
souy without Ghang sct by ne sma advances IN
| industrial and special stocks. because they lnu-
| Gated that recent buying apparently ior EURO r,
Peai, th a' circumstances it is reasonable infer
a am that the orders originated in New-fork me
shipment of securities certainly WIN not De ans
next w9eF 10 about So 100000 The publication
"sS tho bank statement had very little influence
on the course of prices. aitnomg' ' .ron there
results 80 any reason TO expect. The statement
hardly represented the actual condition OF tnr
nanss a. make the statement better than il should
""' THE DAY IN THE BOND MARKET.
| co,.orrment bonds remained neglected, IN,
the market was firm and bids ,or e ~ eN' There
| 20 nor cent were raised IL per crh'' i'"'.'
~ ~ p ether change in quotations. which were as
| follows: Rid sized
,ass,ns sa'- a. 1891 IS @ ,s sS,iS;'a
S 4! S$5 :ss4 isE ''''' 's''''
There were no transactions in State bonds am
the only sale Of city bank o stocks was ncr ceni
National 900 at il4-a a., decline OF p'' ''"'
ron The ' @cncral bond market was UNUSUALLY actEt
hah01sy ana d %STG epn'f large fraction
| pre- and Chicago and Eric incomes lost inr'hel
cent at 81 Ms esns ioM Ns"saF 50 50" but
l'rss az r rosc per cent to Ia Chicago an!
cr,hcIn Pacific rsts rallied opened weak o, az
~ finally gained IA per cent while Nor 1d,yap
pacinc philadelphia and Reading issues were moi
at 90 active. but general a. advanced ~ PEI
cent to ~, while first incomes were nearly I
higher at +6 small pnrnhSses ra"%
colatcin.i ~ AZ General Electric debcntnrc IS
from q to sn o. Re ss ssG :: w w"S to-
fui Tor call money at the Stock Exchange
I'm IVA" nominal. rs usual on Saturday, but ~"
| ,n.,s were made At per cent: . c,,
io" T, S"b. Treasury was debtor 10 the Clearing
House S673,50s. ,u,,,,,~r
TILE WEEKLY TREASURY STATEMENT
| rl,o receipts from customs reported from Wash
incton to-day were sG1sOes: IRON internal icvc
SSac ss3 The Treasury received S3s5.sd3 NJ
Stsns, hank notes for redemption, and the receipt