New-York tribune., 1896-11-16
ENHANCING OF VALUES.
III SECURITIES HIGHER.
,oxnrTION OF THE FEDERAL TREASURY
THE MONETARY SITUATION.
Sunday. November lip. II

,-t,ad States Treasury received last week
orstors So. ZIG. 400. from internal revenue
90 100 10. and from miscellaneous sources S92i.-
g. Waking total Of $GS1O, III. against 81 49,
sco the preceding week (ive days.. The re-
..s for the month to date amount to S12.274.
,ee ond the payments to SIS, $4,000. making the
~oass of expenditures over receipts 1924 ,993.
rr the fiscal year to date the receipts have
& to Si17 100 $50; expenditures $156, ,.ii69 69J1, the
senss osen of expenditures being S3S,Sl4.57o. The
TTrsasury's actual cash balance decreased in the
msek 50 6S7 OIL. and now stands at 81 4S6.9l4.
The Treasury received IN the week S-6a"oi'
l., National lark notes for redemption To s.
~ -o National bank note circulation 1t now holds
sS4097l go in bonds, as follows
currency C. $1,000
i've per CENTS CENTS o; s; a 81. 49," g."
-Four per cents Of 1907 49,. 80 Gs s 80 so
I-nted States bonds deposited for circulation
au,ng the week S29S,J0O; withdrawn. SI2o.Goo.
STn,;nnal bank note circulation outstanding
currency S235 05J,O01; gold notes. SS6,ISI. The
Traasury holds $1S27S622 legal-tender money
Gov redemption of surrendered circulation,
arainst SIS 23I ji6 a week ago
c,hioined is Saturdays Treasury statement,
,mnsred with that of November q
Nov. d. Nov. IA. Changes.
Gold coin and bull bull
on, es Sis 5535So s1c35o7. So Inc s495a c59
L. u.ssisi~s nI.yS oi44ls59 SIS 9cooH Dec. 54sisis
nu.nm nn.,ss ~ loGo7i79 lI7I29G4 Inc. 2Os5. 7s5
Cash in Treas SOB G22 2a 1927 iSoS'o Inc $685. ZIG
ptI,sni t,Iioani banks l5ssasae 17cossas Inc. l19o5s
,.n,,,e cash s2i 800 s244 7a4 Inc So G777.4
itsTiS sies ....... lias7975 1902 so Inc 5sc's9
Actual cash bal $3.50 i7a9s5 se27 lsG94 Dec s2Gs7o'i
THE MONETARY SITUATION.
The local money markets were comparatively
easy' money on cali representing bankers bal
ances being quoted at $40 per cent WIN the
creater part of the business being done AT from
N per cent. Banks and trust companies
quoted per cent the minimum. Toward ,he
close Of the week offerings of time money pc
lame more liberal. with rates at l'2M1 per cent
o., ninety DAYS to three months and - per cent
tor four and six months. Choice commercial pa
p.r was In light supply. but in good demand. an
the banks being in the market. Rates were o12u"
Ne, cent for sixty 10 ninety day ndOrsed bills
receivable. & per cent for months commission
house and prime four II SIX months single
names and above for names not so well known
In London money on call was 3iaM4 per cent,
with discounts in the open market -, per cent
The Bank of England made no change IN lts
minimum rate of discount. which renamed al =
per cent In Paris the open market rate was :
Der cent arr in Berlin and Frankfort 39su1e4
per cent TIE Bank of England lost IN tne week
.3i2.2l2 bullion. and held at the close i'''fof'
Y05
The foreign exchange market was generally
firm with strength Monday and Tuesday
followed by an easier tendency TUESDAY aiter-
noon. but nrmef the rest ol tHe .''
slightly easier tone at the close. The sale IN
this market for the account Of the liank OF Eng
land of 81 900 OO0 of Government is Influenced
exchange rates also arbitrage selling in the
stock market. and the settlement of maturing
sterling loans which called for large amount OF
exchange. The American securities offered IN
this market and in the London market were rap
idly absorbed in the week by local buyers. and
the demand for exchange arising from TINS
source was heavy. A good part OF the boarded
sterling exchange came out to meet this de-
Inand but leading bapkers report that there Is
vet a good deal OF boarded sterling waiting for
higher prices Posted rates for sterling We're
4 SSm4 ST ard S6ia for long and short bills re-
spectively. Rates for actual business closed as
follows:
Cablas Tong. Demand.