New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-17


The Clearing House statement for the day was
follows: Exchanges. $ll2,759,7s9; balances. &c.
1354i For the week: Exchanges, s625. 1898;
balances, $40, 299
The total bank clearings Of all the clearing
houses Of the United states for the week aggre-
gate sll6S 9s5,224, an increase Of $73l08.2S over
last week.
ON THE STOCK EXCHANGE.
Transactions in stocks to-day light and
ousde Of speculative trading there little
doing In the market. The generally accepted
opinion that Reading reorganization will pro-
vide for heavy assessments further depressed
Reading shares. business in this stock amount-
ing to more than in any other share, and N
fact 1t supplied nearly one-quarter Of the total
dealings. Reports from Philadelphia say that
the details of the reorganization plan as far as
the income bondholders concerned have been
settled. 1t is believed that the plan will call
FOR assessment Of 90 per cent all classes
OF income bonds for which first preferred stock
will be given. Reading declined less than ! per
cent, showing a net loss for the week 81 about
per cent Other ak features Sugar
Refining Canada Southern. Cleveland. Lorain
and Wheeling preferred, which lost per cent;
Distillers. Lake Erie and Western preferred.
Kansas and Texas. Pacific Mail. Southern Rail-
way. Cordage. Wabash preferred and Wheeling
and Lake Erie. The Granger shares and Louis
ye ana Nashville wArs strong also TGsasco'
Jersey Central and Northern Pacific preferred.
The reports yesterday that the banks had been
approached by the Administration in reference to
furnishing the Treasury with gold when the re-
serve reached $4,000 900 lacked confirmati0n to-
day. but II served TO increase current gossip
the gold situation which promises to be the chief
factor Of interest for several weeks 10 come. The
gold reserve 10 now at its lowest point since the
bond contract was made with the Secretary of tho
Treasury, and II would not take many engage
ments Of the precious metal for export 70 bring ie
down TO sI5.0O0,G0O. leading foreign exchange
banker said to-day that the weeks supply OF
commercial bills had been about the smallest on
record at this period Of the year, but during the
last two days there had been indications of the
coming together Of the cotton markets here and
abroad and that the prospects for a liberal sup
ply OF cotton bills next month We're better than
at any time this season. The total amount OK
gold withdrawn for export this week was So
100000. all OF which went 10 Europe. with the ex-
ception OF $4,000 sent to-day to South America
AT the present rate exchange houses are making
preparations to send considerable OF the metal
next week In spite OF gold exports IL is b be
observed that the effect upon stock values is not
as pronounced the bear element would wish
Sentiment Is not to be easily shaken now, as
the gold Is going out to meet legitimate trade
obligations and these conditions here are far
more promising than they We're last winter when
gold was being exported In large amounts. In
the week the stock market has shown great i'm
provenent over last week. and II is evident that
the liquidation has been completed
The following are to-day's closing prices COM
pared with yesterdays: