New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-02
'Ex-dividen
CLOSING PRICES OF CHICAGO Stocks
THE BANK STATEMENT.

Saturday June l-p. m.
BY the operations Of the Sub Treasury in this
city during the week ending Friday night (nve
days) the associated banks lost 500 go The
weekly bank statement showed an increase in
loans Of 81 44s 500 an increase in legal tenders Of
sl.27l 900. and increase in specie Of sl.O56sOo
Deposits Increased 81 1876 900 and the total reserve
now stands at 1882 500. being an increase OF
81. 1921. 500. The statement is natural enough but
would wish TO see less money gathering at
this centre. The question may be suggested by
consideration OF the statement as TO how II can
be- since there is much more money to lend
than borrowers want that business Is improving
and widening in all directions. The answer Is
that concerns which withstood the hard times
found themselves. when the change OF sentiment
came, with their resources well in hand. one
institution Of which know had its whole cap
ita in cash In its possession. and It's case was
doubtless like that Of many others. such con
Germs are actively widening their business. but
do not need to borrow TO do SO; hence the great
surplus Of money. The result Of all the changes
during the week was an Increase in the surplus
reserve Of 81 24s 100 and the banks held In excess
OF legal requirements SAL 22l $50 against $39 $50
last week and against S1'.s65.1OO In the CORE
spending week last year and s20.9S7.5OO In 1893
The following are the comparative statements
Of May rs and June l.:
Loan. S1s s + 100 .a asT. 1nd D .s.o
Lexa,ender 10 $50 enc ~ ls5 go Inc i2si%"
Circulation - sS2i 100 i3 $50 200 Dec * oO
The following shows the relation between the
total reserve and the total deposit or the re-
spective dates:
fess 800 Inc Inc issS"
Total reserve. $50 4oi 900 277sCoo Inc 1921. 600
against deposits i4O47S,s5o IN637a5O Inc. losi.5Oo
surpu. ..... ssos7s.lso sn22i $50 Inc. 81 2,e 100
The Clearing House statement for the day was
as follows: EXCHANGES $1li 662 02l; balances. 81,
203 80 For tine week (fve days.: Exchanges $i94.-
623,sel: balances. 33l 576.494.
The total exchanges OF all the bank clearing
houses OF the United States for the week end
Ing to-day five days have been s2256S. OO2
against s159102.S17 last week and N77, 1892, Il5
the corresponding week last year
on THE STOCK EXCHANGE
The stock market showed the effect OF heat at
home and Of holidays abroad. Dulness reigned
and as stocks generally found no support. prices
sagged Some little profit taking helped the down.
ward tendency. AS usual when legitimate specu-
lation falls away, activity reappeared In the In
dus,rials. National Lead had the benefit Of the
rumor that a dividend might speedily be de-
clared on its common stock and its final price
showed net advance Of * to 357s. General Elec-
trio was strong and up 4 at the close at 351s.
Rubber and Tobacco were marked higher. while
Whiskey closed down as TO 2Of4. The trading In
this group almost wholly professional. and.
indeed. the same may be said OF the market as
a whole 1t was easy 10 believe tales Of the bad
effect OF hot weather in the West. and the crops
stories were again unfavorable. Therefore. the
Changers declined by small fractions. On the
strength OF improving business. Southern Rail-
way common. advanced 2A points net TO %.
Despite the default in the interest the Erie
funded 5s. the shares gained "a to lOh. Fore
closure Ia now deemed Inevitable. Transactions
for the day amounted to 1886 shares.
BONDS AND MONEY
Government bonds sold:-None Closing quota
tons were follows:
a UdA eLsd