New-York tribune., 1894-04-08
CLOSING PRICES BOSTON STOCKS.
TIE BANK STATEMENT.

saturday. April 1-p. m.
BY the opera tions Of the New-York Sub-Treas-
ury in the week ended last night which included
payments of s57OO9 for purchases Of Pacific Rail
road bonds the associated banks lost $3.S66,4jN.
The weekly bank statement published to-day
showed an average loss in cash OF $l.ll4.OOO.
Both the bank and Treasury statements We're
affected by the payment to the Government of
$40 900 on account Of the Cherokee bond pur-
chase. This was made on Tuesday, and cOnse-
quently from the statements two differences
may be drawn. Without this transaction the
banks would have gained at least $,0OOOOO from
Treasury disbursements on account Of interest,
and the item Of loans in the bank statement
would have shown moderate increase 1t Is
clear that the movement Of money Is still tow
ard the centre and that there is better de-
mand for money from both mercantile ana spec
ulatve sources. The increase IN deposits was
larger by nearly $l.2jOOOO than other changes
demanded, but in view OF unusually large trans
actions this discrepancy may not have been
wholly unnatural The actual condition OF the
banks probably was very materially better than
the showing. The result Of all the changes was
loss Of g. SOP 10 In the surplus reserve. but the
banks still hold in excess Of legal requirements
SsO797975 against $9,212.950 I'm the corresponding
week year ago and $l5S39ZOO al the same uHIe
in the preceding year.
The following the comparative statements
OF March 81 and April ::
Loan. ss NH7sS 5e g 90 sS @f. iaa 600 Inc sSe.7o
tenders ... i2o352 7g@ 200 Dec i32 80
D.nos,s 5Ji. 1869 Inc. GiJ- 80
Circulation ....... I1.2l4.lOp 1llifv00 Dec 100
The following shows the relation between the
total reserve and the total deposits at the Re-
specuve dates
Snace ..... 500 lsi 200 SO C23 900 Dec SIGl 200
Iegal-iendeIs .. 352 OU ll9. 800 2'O Dec ''2 so
Total reserve 500 53G 2Jo s2lo ~ 2co slllI"O
against deposis 1876 o5o 1875 - 1CsS.l75
s,rplus .. $50 Gyp $50 $50 7a7 975 Dec g. No. I75
For to-day-Exchanges S7444ljS; balances ~
25319l For the week-Exchanges $53l,37j,137;
balances. $39.742,S44.
WHAT WAS DONE IN STOCKS.
The stock market was rather more active than
usual on a halliday. but there was apparent
little lack Of confidence. The business was wen
distributed although transactions exceeded 10000
shares I'm only stock. That was chicago Gas,
which from its highest point fell per cent ana
after the early rally lost simply the improvement
recorded yesterday. More important, IF less ac-
tive stocks also suffered substantial losses ana
St Paul, Rock Island. Louisville ana Nashville.
Western Union and in fact. the whole list ended
at practically their lowest points: The stocks
which have an international market were not
the weakest, although there was cOnslderaDie
selling for foreign account. The industrial sharts
were prominent neither by their activity nor thelr
strength but Distiling and Cattle Feeding scored
a final advance. The selling was evidently not
wholly for the short account The pubhcaton OF
the weekly bank statement may have exercised
AN adverse influence because the average results
were not clearly COmprehended. Ihe cIoSihg was
active and generally weak.
There were no transactions in Government
honds AT the Stock Exchange but the market
remained firm at these quotations.