New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-23
II l14a.. The new Is were lower finai

Us. Is. ia25reg l2o.s ~ Cher' - ,sg9 ic"s
Is IS soirssi ny cher .. $50, ,sss 1908 ,S",
There were no sales in state issues. Railroad
bonds showed no marked characteristic other
than duness even the more prominent .ssues
remaining at the level of last evening heures'
The market was narrow ana 'ne udu"s ,end;nr
gated only 1000. prices. II anything tenulns
downward. Only two issues showed nateI'ai
change. Kansas Pacific LIST ronsol reutip soah
yancing per cent to 49, while ~. LOUIS SOUTH
western LIST declined rs to -.
The United states Treasury received To-Day
s44 1888 National bank notes for redemption; Gus
toms receipts reported to-day from washington
were 1923 900 the internal revenue receipts To.o,
1870 and the miscellaneous receipts >fo,.of io'i'
Government receipts for the day. S9oo'Sl4; e eX-
pendtures 1928 600: excess OF receipts SSO'Sl4.
Receipts for the month to date. sls.SC2.5ii; eX-
penditures s2S 4S6, 900; excess OF expenditures
ss.6S3.42S Receipts for the fiscal year to date.
S3276.SS; expenditures siSSiiSloe excess u
expenditures over receipts. $2o.lb9ih
To-dav's Washington Treasury statement COW
ering actual results Of two days ago compared
with the last previous statement was as ioilo"''
w., cold or han s; $50 s>csc@5 Dec ':si5oo
x:; .@:1 On ia s.a i ata! IN" IN" ss
Sf:as' g. .s1 Inc ' :sSss
Available cash sio7 1913 500 .ie7 a,o $50 Inc so7o27
siiies '"' ... 1sca7sl7 2ocissis Inc $50 1906
Actual cash bal ass si77272a7 Dec 1923 3e'
With ,o-day's Withdrawals deducted the gold reserve
The ub-Treasury was debtor AT the Clearins
House S527454 Its 1t loss on balance was S'Vo'-
100 made ND by a gain in currency or SOY ana
a loss in coin Of sl.2746sl. To-days operations
included Receipts s5.oS3 III payments 800 ~
1O3 resulting In a general balance OF Sls2.VO0 'lb
consisting of $50 O92 2g6 coin and SsS ss4Z" cur
rency The business for the week ended to-n'sht
includes receipts OF $lS,4OO,3SS ana payments 0i
500 7Ol $50 Deducting from the receipts s-'So'"oo
and from the payments S7.I5l.43o for items which
affect only its account with the general Treasury
its gain as affecting the banks was s2Tol4s
MONEY AND EXCHANGE.
Money on call remained at 1l292 per cent. Time
money was firmer. but quite inactive. rates ruling
AT 3 per cent for thirty days and three months
3G3Is per cent for four months and 3'spf per cent
for siv months The highest grade commercial
paper was per cent for three months 4pils per
cent for four months and AZ per cent for six
months. For names not so well known quotations
were generally Az per cent for sixty and ninety
DAYS 4ad5 per cen, for tour months commission
house names. 5i2n6 per cent LOT sinsie hdieS io'
four and six months
The foreign exchange market remained strong
with few bills offering. Total gold wlthdra"a's
to-day for export tomorrow We're steoO'ooV, max
ing the total for the week sr"oO'"V"' ''osins
rates were as follows:
s,,.,. essls' E9as s!'' ssSF' ~
franc. .......... ' ds M ds:
Bridesmaids va "00,t
Guilders va
The price of domestic exchange was as foHoWs
at the places named New-Orleans. commercial
75G5Oc discount. bank par: San Francisco, sight
1-l6 premium telegraph &c: Boston par 10 &C
discount. Chicago i0c. premium.
Bank Clearings in this city were. tNchaHSes'
s93 &c .093: balances. A.s9A.910
The price Of commercial bar silver in TINS mar
ket was 67l4c. per ounce. Mexican dollars were
quoted a, 54c. In London the price or par silver
advanced l-l6 to S02.d. Silver to the amount OF
POS 600 ounces Is expected tomorrow.
Money on call in London was per cent me
rate of discount in the open market was rs pei
cent for short and three months BINS bri'ish
consols were 1865 for money and 100 $40 Tor ac-
count American stocks in London were weak
Further details If foreign markets are given III
the usual cable report printed In another pace
"Dun's Review for this week has TINS u say
Of the business situation: Reaction IN business
there is none Efforts To explain it, or TO al
tribute II to this or that temporary influence,
are all wasted. In every business men now per
ceive the fact man. times noted by Dun ne
view that the purchases in advance or current
distribution. which were made when prices were
booming involved OF necessity a season OF matt
ing when the rise stopped and until the actual
demand for consumption has been measured.
When stocks bought In advance Of consumption
have been worked of men will be able to judge
what final distribution Is II be expected, ana
meanwhile prices depressed by the selling OF
quantities bought for speculation, by the press
IRE of stocks for which consumers have not yet
been found. and by the idea that prices may go
still lower Gold exports have been large.
amounting TO s2257, 600 last week and presumably
70 81 $50 600 this week. Dut are rather result
than cause Of existing conditions