New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-09
CLOSING rnIcns or PHILADELPHIA STOCKS.
TIE BANK STATEMENT.


By the operations OF the Ncw-York Sub
Treasury in the week ended last night, which
included payments of S92,oa2 for purchases of
Pacific Railroad bonds, the associated banks lost
S1,72l,14l. The weekly bank statement pub
ishcd today showed an average loss in cash of
SG,1JS. 700. This result brought confusion TO cN-
pert estimates of the interior movement Of cur
rcncv. hut il should not be- overlooked that 1t
reflected the outflow in the previous week rather
than tho latest movement. In the last few days
there has been a small return flow but in the
statement of averages il counted for very little
Iii this respect il may be sail that the state
ment was made rising averages, although II
is doubtful if the actual condition of the banks
1T the end Of the business week was much better
than the showing. The increase in loans en-
cocdcd $1,000, 900. and they now are larger thah
the deposits by over S?0,0O0000. As In" Issue
of loan certificates amounts TO over 22,5oo,oOo,
il would Soon that substantial relief was
likely 10 he felt immediately in the money mar
krts In its details the statement was Fairy
consistent, although the increase III deposit was
smaller bv about S4OO 600 than the other changes
demanded The result Of all the changes was a
further loss in the surplus reserve Of S6'5"],,'o'
and the banks now hold Sj.oS1.Juo less IMAM
legal requirements. AGAINST surplus OF Sd,
81 1925 in the corresponding week year ago, ana
ono of Sl4,542, 02j in the sam" week IN 'h' pre-
ceding year.
Of July l and July ::
Loan. si }g sd 100 Igy 900 Inc P y
era nic. c3 q ;. j lcc Rc. 4: 5t lSo
PSi gio, 5'G Gis 400 379soo @ @S ioo5So
The following shows the relations between the
total reserve and the total deposits AT IN" re-
srcctiyc dates:
Zeal: s. . s. $50: IS 200 g SS b bc " s;sSc
Tote, reserve. 500 7lo 800 $9i5s7sco Doc s5I1s7'o
aeaiqs al o,ts 9o4oi775 9aocoaoo Inc 1860
surplus ....... sI25i7.5 .s5osi.5oo Dec. sj1sa75o
Deficit.
The Clearing House statement was as follows
s427OOCS For lat weekly, DAYS Exchanges
S67 :. 0Gi %g5: balances S32,?%2.%9G.
WHAT WAS DONE IN STOCKS
The stock market wa, too DAN to require CON
sidcration or comment. me, total hn>i I
amounted to less than $1,000 shares. ara ihri"
were no transactions in such stocks rs Erl"'
I'nj,n Pacific and Lac|awanna. Will" R"adlns;
Western Union Northern Plclhc pref"Ir' ana
Manhattan romai7cd unchanged IN prlcc. ~.
Panl was the inoSt active stock, hut IN II We
transactions were only $500 shares. In TINS
condition Of complete stacnat'on variations were
until after the publication Of ia" weekly hank
statement. but this was :" muci, NOR" uniaNor-
able than had been expected that the c"SIn3
was heavy ar generally the lowest points i",
declines however were rarely more than 3-Nll-;
per cent The stocks which have an intrrn,t4hi !
market We're the w"aSr"i. ana - fanI l4,'
rs Ter cent. bat this d"clln" was snfpi,S'l N /
that in Missouri Pioihc. which l. rot d"al' j,
al road The bank statement was a srr?ri g. anu /
if il represented tho actu?i condition OF IN" banks
i preclude, monetary ease IN III" Irl'n'H''
Sale of Government bonds at ne Stock EX-
change were : 0.oon REGISTERED ut 10 b ana
Gc;or+ ,c ,;,-n stro,r 9TH ~ the market which
firm at the following quotations: