New-York tribune., 1894-01-07

THE BANK STATEMENT

Saturday. January b-p. IN.
BY the operations Of the Ncw-York Sub-Treas-
ury in the week ended last night. which included
deposits of S200 600 for payment at other points
the associated banks gained S3,4O2.S6S. Ihe
weekly bank statement. published to-day, sho"eu
an average gain in cash of $6,Oo3'2OO The In
crcase in specie which amounted to A7570O0.
reflected the Treasury disbursements on ac-
count of January interest. the Sub-Treasury
balances at the Clearing House being paid
wholly in gold A slight increase in loans Gl-
200 7Om fairly represented the utter apathy IN
business and speculation. and in the past two
weeks the expansion Of leans has been little
more than $25OoO0O while the increase IN de-
rnsts I'm the same time has exceeded $l9,oOoOoo
The banks are unable to find profitable use FOR
the money which is steadily piling up in their
vaults The discrepancy in the Item of deposits.
which was again unusually large. was readily
exll,ined The increase was nearly Sooooooo
larger than the other changes demanded' anu
this was in addition to a difference In the same
direction a week ago of about sl5oo'ooo. Inc
banks are accustomed to call coupons as cash.
but the natural delay in collecting them ieaVeS
the banks without the corresponding @ @Hiomes.
The result of all the changes was iurther
gain Of So 9Sl. 800 in the surplus reserve anu tiic
banks now mold in excess Of legal requiIeiis1nls
sS2 79c $50 against IS 942 450 in the corresponding
time in the preceding year. .
The following are the comparative statements
Of December 80 and January b:
Loan. sll7 'S' 'a sso s.iss@5so Inc si2s95So
end's l@ es M eco 20" ,s s b, go go InS TnS. SSSS
Ios.ts s iscii ioo De e. 800
The following shows the relation between the
total reserve and the total deposits at inc re-
spectve dates: ~
irrai tenders ..... ioi0s2p io2 2S'ioo Inc l2'c2'
Total s2is 427 so Inc. sooo3.2oo
arairst deposits l2Gcoo4ao 129c2ii5o Inc. so2i.7oo
s,,,,,s .... SSosls15o SO 7al go Inc. s-osI.5op
The Clearing House statement was az fol
lows: For today y-EXchanges S54O4S2D9; pal
;nces. $S 700. 192. For ;he week dve day5)--hN-
changes $54O98S.c02; balances, $39,lCO.2i1.
WHAT WAS DONE IN STOCKS.
.rha stock market was active and higher, al
though there was no news Of sufficient i'm
portance - affect the course Of prices. \ bet
Ter ana more confident feeling pcrvaded all de-
partmcnt5 Of the stock Exchange, ana the puy
ing was not wholly for the short account
plain disposition to buy stocks and bonds was
I.0ulfast-6 in many different Quarters. me
r,,.i..,.a f.nials of recent ruflors about the
drancial condition Of the Missouri Pacific Rail-
way may have had a considerable influence on
rupular fei zen. while London showed a
from access confidence in American secuTl-
tics At t.. same time Missouri facinc STOCK
barely rccoi "a the loss OF l1e per cent suffered
Yesterday. and Louisville and Nashville. aiter
rising over per cent, failed - regain us
previous decline St. Paul. which was first in
point Of activity. rose per cent. however, ana
American Sugar Refining 3as per cent. while on
iight transactions Lackawanna rose D per cent
and other special stocks modestly followed its
cxamrc The closing confident. and as
r,,rc last nricAs were the best. The publica-
ti0n Of the weekly bank statement was not
greatly different from the expectation raised by
the known movements Of money. but IT eXerted
an influence in the direction of higher prices.
THE DAY IN THE BOND MARKET.
hon dc at he X
change amounted to only $4,000 registered as, at
11o3, but they were sufficient to give Il strong
tone to the market. Closing quotations were as
follows:
IA ekef