New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-05-06
pv1crs OF PHILADELPHIA STOCKS.
..,xc PRICES or CHICAGO STOCKS.
rrrr RANK STATEMENT.

Saturday.. May 5--p. m.
pv the operations Of the New-York sub-Treas-
~, ,be week ended last night. which included
'.,en,s Of Sll 1874 for purchases of Pacific Rail-
PAIN, the associated banks gained sl73.432.
rSo weekly bank statement published to-day
lN' ircrease in cash Of $500, 800. The strik-
49, ,oature of the statement was an expansion
ions Of S4.2j9.SOO. This was due not TO an
,no,sase in either speculative or mercantile de-
ID for money. because there was none but al
-,os, entirely to advances 10 the city in antci-
n.,,on Of the fall payment OF taxes. Another
.,orestng feature Of the statement was the evil
a.rcs that In spite of exports OF about So'1OooOo
~,,, IN the week the banks gained In specie In
60, while the Treasury is losing. the banks are
Gaining gold In its details the statement was
rsuarkablv consistent, but the increase IN de-
nosts was caused by the expansion In loans.
The result of all the changes was loss In sur
nlus reserve of 5000 500 but the banks still hold
in excess Of legal requirements SSZ'oVo'loV dsals'
s9 az 175 In the corresponding week year ago
enS N4 sos 500 al the same time in the preceding
year. 49,. .o..,,,oro,,,a statements
Of April rs and May 8:
Loan, AP sos q M5@ loo Inc
c,scis - 80. 467 300 lO0Os2. loo Inc Ol4SD
ESsSlf " i2tcS ~ 800 Coo Dec 81 ia3SS
Deposits 573 S5 500 o;ovy4 ~ ~ I ie Az 5GI
fiafig m
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates: .o,.ooo
iesalenders .... I274l4. 100 12I.S99,Go Dec li'o
To,a, s22o ssl 400 SGT 100 Inc. $GOoaoo
ssans, Deposits 14s4cs5 lo7a55O Inc I2iooo
s,r,n. sss4I7g5O $50. SOS. 100 Dec 5000. 500
The Clearing House statement follows:
For to-day-Exchanges, s47A .795 balances. "a
574762 For the week-EXchanges 1886 56Iit2
balances s350l165S.
WHAT WAS DONE IN STOCKS.
The stock market was dull and barely steady
until near the close, when American sugar ne
hning broke rapidly under realizing saies per
cent This fall affected the whole market and the
closing was specifically weak. although early
gains We're not in every instance lost. w nile the
transactions were fairly large for a half-day,
those in Sugar Refining amounted to about three
ifths OF the total business and consequently me
general market presented no special features. Inc
Granger stocks and in fact, the whole railway
list oppressed By the prominence OF a STOCK
which still remains in the unlisted department
Final changes generally were declines, but out
side the indus rial stocks they were small ana OF
no real Importance. ST. Paul. Louisville ana
Nashville Atchiscn, Union Pacific and western
Union as representative stocks. were pracuca any
unchanged. Some recorded small losses anu
others small advances. but as rule the move
ments amounted TO nothing. The whole market
seemed 10 stand aghast at the continued mahipu-
lation In Sugar Refining Stock The puDncauon
~ he hank statement exercised no perceptible
Influence although 1t was rather better than ex-
pected.
THE DAY IN THE BOND MARKET
. sala ~ 900 900 coupon IS was made at rs, a
decline from the previous sale Of u per cent, but
bids for this issue were unchanged MhiIe loI I.
they were the same fraction lower. the market
apparently was not strong at these quotations:
Asked