New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-04

sr-,,u. sal 900 s75 siooi7i75 Dec. so7s 40
The Clearing House statement for the DAY was
as follows: Exchanges, &l05. 1888 1895; balances ~
1881 For the week: Exchanges. *'4z''s''zff'
balances. $38,5S2.714.
The total exchanges Of all the bank clearing
houses OF the United States for the week ending
to-day have been $s6s 500 1876 against $943.%l 2Ss
last week, and 1904 si9267 the corresponding
week last year.
ON THE STOCK EXCHANGE
The declines brought about yesterday by ex-
aggerated reports Of gold shipments were IN most
stocks recovered to-day, and on the covering Oh
shorts the market rallied toward higher prices
Transactions. outside OF Sugar Renning. We're
small and trading was entirely professional
The Granger shares made fractional advances
Missouri Pacific was strong and consideranie
strength marked the trading In the vanderbilt
shares In Sugar Refining large transactions
helped the stock to advance, and II gained In the
day over per cent. The market closed strong.
and with few exceptions. at net gains from yes
terdays last prices. The foreign exchange STU
alton shows no change as far as rates are con-
cerned and the closing quotations for the week
remain at the highest points OF the year There
was less talk OF gold exports to-day but IL ~
likely that the continued strength OF exchange
,,iu force more mercantile remttances to be
made in gold. prominent foreign banking
house was among the shippers or the precious
metal nv to-day's steamers. but the amount was
mali md was not taken from the Sub-Treasury
The Bank of Montreal. which withdrew $1,000 600
gold from the Sub-Treasury yesterday may snip
II to Europe next week In settlement OF .anad'an
transactions, but as this bank Is accustomed TO
make such a transaction every year. the with
drawal OF gold has caused no comment IN
business circles. 1t was reported ,o-nay Una,
the syndicate managers had arranged with some
OF the banks with large gold holdings TO turn
in gold to the Sub-Treasury to make good
all Withdrawals by exporters. Whether or not
this Is So there is no doubt that the syndicatc
will have no trouble In getting all the goId IL
wants and that the Treasury VIII De amply re-
plenished. The report that the BANK OF Hhg,
land had reduced its price Tor american gou
tod he bankers
that there has been no recent change IN the
price paid by the bank for American gou com,
the quotation for which remains az 'cs "4u p yer
ounce Last week the Bank or England mad"
n slight reduction In Its purchase price TOT
French and Russian gold. The fact that com
mercial house has given an indication or gong
into the exchange business caused considerapie
comment in the Street to-day, ana IL was
rumored that members Of the syndicate had
bought exchange of this house. This. however
could not be verified. and II Is not likely that
members OF the syndicate VIII play al cross
purposes with each other
was more active to-day from the statement In
the news column Of The Tribune to the enect
that Thomas Il. Ryan was In consultation In MIL
waukee with II. c. Payne. one OF the receivers
OF the Northern Pacific. In regard to Northern
Pacific reorganization. 1t Is reported that MT
Morgan is not entirely content with the repre-
sentations made to him by Mr. Ill., OF the Great
Northern, and that he has decided to conduct
An independent examination OF the road and
probably work out plan OF reorganization en-
tirely different from the Hill plan. Mr.. Hill ms
returned to the West without apparently having
accomplished anything OF much Importance. and
II il now generally believed that the Northern
Pacific will not be reorganized In way TO put IL
under the control Of the Great Northern.
BONDS AND MONEY.
Sales OF Government bonds were confined 10
$1,000 coupon 81 at 115h. Quotations were a.
follows: