New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-18

THE BANK STATEMENT.

BY the operations Of the Sub-Treasury in this
city during the week ended Friday night. the
associated banks gained s2.Oil.s2S. The weekly
bank statement showed decrease in loans Of
$717700 and increase Of legal tenders and
specie of 200 the total increase Of reserve
being $13Gi.4OO. At any other time this showing
could not be considered as favorable: but in
View OF preparations for the bond purchase the
statement may be favoraby interpreted For
instance the decrease in loans does not probably
indicate decrease in commercial loans, but a
sale of Government bonds at good prices. This
would appear in the statement as d decrease in
loans. for it will be remembered that
some Of the banks consider their hold
irgs of bonds as loans to the
Government. 1t s al.O p obabe that $I'i1O)
does not adequately represent the sale OF
such bonds The increase Of legal tenders rep
resents about 100000 'a.d Il the banks by the
Sub-Treasury on pension accounts: the remaining
100000 coming from the interior banks The IN
crease in specie l. made up partly by payment
On bullion checks presented win view Of
gathering in gold to put mo bonds. II l. clear.
therefore, If these assertions correct. that the
statement has not an LnfaVorab.e siGni;ioance.
Th. result Of all The chang. was an increase in
the surplus reserve OF N.5Oi400; and the banks
held in excess Of legal requirements 62974.0}O,
against SOL GG9 $50 last week and agans; $55.470
AS in the same week OF 1893 and si56os25 N 1892.
The following are the comparative statements
OF November 10 and November Il:
o SO 90. sr go 30 SIS xys ss4 co u Dec 81; e
f1sa' lsq.ss g. :, -
Circulation ..... ll2o7.co iii7o"" Dec. a'c"
The following shows the relation between the
total reserve and the total deposit Of the re-
spective dates:
fe s:a iq a 90 90 Il. slss Inc 'is
Total reserve s2e 7ia7oo s2iIcio'co Inc 81 so7 eoo
assn.t deposits 14s o.,o5o issc3e Inc SS2
Surplus .. SCI GO so see074o5o Inc. $500 400
The Clearing House statement for he day
was as follows: Exchanges. $'6Oi2 il9. balances,
81 $50 1872 For the week: Exchanges, s564 700 3O5,
balances 33.2.S.sl5.
on THE STOCK EXCHANGE.
Attention centred in the Changers during this
days short session. The group was under pres
sure from the start the main argument OF az,
tack being the poor earnings Of the St PAU
company for the second week in November-a
decrease Of $4,000. All Of the Changers. save
Northwestern Opened n declinefrom yesterday
final Figures. and their opening prices were thr
highest At the end If he session. Rock Island
had lost ia point 20 62zs. burlington l,s TO
7S1s 81. Paul 21s to 6olz and Northwestern ~ TO
l0Oss This was the sharpest decline on any DAY
Of this week Burlington and -. PAU were the
most active contributing A14j shares. against
773S for Northwestern and ROCK Island. Inc
general list was also depressed in sympathy; but
with fractional declines only save for southern
Railways. The preferred recedcd ~ polha 80 10
3d. on 529l shares done. ana the common StoVh
was off | Ter cent 10 11ls. on about Inc same
amount Of business The movement was attr!D-
uied TO disappointment over the weakness u'S
PLAYED by these securities since they were lsted
a few days ag, Manhattan was weak despite
bull stories in some Of the morning papers ana
lost finally y point. to 103. on Monday last i's
highest price was 1888. western uh'oh Was
weak. and lost 3. net to s75s. its opening price,
SSss being the highes:. ,
IL might have been expected that the codi
etocks v,Oul be heavy: yet they appeared - nave
inside support. Central Of New-Jersey was nan
a point down. at the opening. but that WAS ihe
lowest price for the day. At one time IL rose 10
OIL and at the c.ose was 92's net gam VI
81 Delaware and Hudson gained the same 10
l9a. and Lackawanna on small sales, yiclnen
polnt to l57l5. but regained Y to l5s american
Sugar Refining was very dull, only loslo snaIes
he;ng traded in. 1t moved within - Of "A point
narrow limits for it-and at S77s showed no hia
loss Chicago Gas receded "a To '4's, GENERA
Electric - to 3ia4, Cordage preferred ia 10 l'i2'
and the common "a TO l0is. The market was
very weak just before the close but the Iast
limitations showed slight rally; shares solo,
1872 1852. rv
No Government securities were traded in. QUO
tat;ons were unchanged. as follows: