New-York tribune., 1896-01-20
WAITING FOR THE BONDS.
INTEREST IN THE SITUATION.
CONDITION OF THE FEDERAL TREASURY
STOCK MARKET CHANGES.

CONDITION OF THE FEDERAL TREASURY
STOCK MARKET CHANGES.
Sunday, January 19-p m.
The United States Treasury received last week
from customs s3S3S. 731; from internal revenue.
g. 269oSi1. and from miscellaneous sources, S223-
H. Total from ALL s6747SS3 against s6'669o9'
In the previous week. The receipts for the month
to date amount to sl7.353. 693, and the payments
to s94 $50 O0O making the excess Of expenditures
over receipts S72S5.S0 For the fiscal year to
date the receipts are $1S4,92lT7; expenditures
s2O7 601. .760 the excess of expenditures beng
s22 6so0l3 The weekly Treasury statement
showed a decrease of s3.204, ,633 in the available
cash balance. and a decrease of $26A,299 in the
actual cash balance which is now sl77.6s6.3So
Compared with a week ago the Treasury hold
,ngs show the following changes: A decrease in
the gold balance Of S2.S4717S. made up by loss
of s2SSOs53 in coin and bullion and loss OF
s33 ESQ In the amount OF outstanding certificates;
a gain in the silver balance Of s9loOA. due to
a. gain of sG42 O26 in silver coin and bullion. plus
n loss OF $685. ,05S in the outstanding silver GER
tifcates and q loss in the legal-tender balance
of s21223l9 made UP by a loss of S1l95,oOO in
the amount Of outstanding currency certificates
and a loss of ,319 in the amount OF legal
tender notes in the Treasury Holdings Of Ma
tional bank notes increased sS99732 The Treas
ury liability for the redemption or Nauonal
bank notes decreased sl93,637. and deposits Of
lawful money on this account now amount 10
So 543. 29S Treasury notes issued under the
law of 1890 TO the amount OF Slll2Osl were re.
turned to the Treasury, and the amount OF
these notes in circulation was decreased by this
sum to Sl13.536.223.
Subjoned is Saturdays Treasury statement
compared with that OF January II:
Changes.
Gold coin and bull
Gates ..'..... s577nS5e s54sel17s Dec. s2.s4I.l73
I: csT,erates 1o4 o5s41o lo1 asooe Dec 2loc
Nst bank notes s74i,s77 e6il cog Inc. 500 ,32
tiaca;es .~.... 17.ois.lse ,7o5s2's Inc. eio.os,
Cash in Treas ss7 500 79s SIs4 Dec ss.l5eGG
,ionsi banks. "a $50 30 A.s4i.273 Dec. 44.a1'
Available cash s2o2 44e OBS slo9 s95 Dec ss2oics
bit:es '''o .' 2ci45Sss 2i.555o Dec. 5soa34
Actual cash bal sso 300 e2s si17es6&so Dec s2O4c css
THE MONETARY SITUATION.
Money on call, representing bankers bal
ences loaned as high as per cent and as low
as . per cent the prevailing rate being 495
per cent. Time money was inactive A few
transactions at per cent for three and four
months on high-grade collateral were reported
The commercial paper market was extremely
dull early in the week, but toward the close
there was an inclination to buy choice names
at full rates. Quotations were per cent Tor
sixty and ninety day indorsed bills receivable,
c per cent for four months COMMISSION mouse
names. COZ per cent for prime and 'Ql2 per
cent for good four to six months single names
In London the Bank of Englands minimum
rate Of discount remained unchanged at per
cent. Discounts of sixty to ninety day bank
bills We're 1@1ls per cent In Paris the open
market rate was Ia per cent, ana at Berhh
and Frankfort 3ls per cent. The Bank of Eng
land gained in the week f52OS92 bullion. and
held at the close f46,052,70S.
The foreign exchange market was dull and
generally strong. Sight bills and cable trans
fers drawn against gold exports were sold ana
a few sxty-day bills We're lent in in
stances. The supply of commercial bills against
cotton and drafts against grain for future de-
livery was small. Gold shipments in the week
amounted to $2100,OO0 to Europe. and 100000
to South America. The market closed strong
with posted rates at 81 Ssl$4 SSl2. and s4 $3.50
81 30 for long and short sterling respectively
Rates for actual business closed the week as
follows:
Sterling 4sosas.sSi. ssss 4s7&.Sss; sssat;ss'
lsciehsmarks ss,. ~
The following table shows the bank holdings on
the respective dates
loan, sa2 ss e %; 5a9 le 80 81 ss2 ss IS 80 s
feesai.sidsr. fesSE .:: iasSo io 80 1csos5S siSssooS
cseoi.s cloan,,on 4: 4sSO 24s ia@O 'i5 100
The following shows the relation between the
total reserve and the total deposits o. the re-
spective dates:
Jan 20 % "a. Jan ian ~ T. go 80 Jar s7s d,a IS ss a
Legai-tenders ...... M47Oc91O lOaoS,joO sls3Gooo
Total reserve .s25s a3l co ssso4o.soo sl5544e5Oo
asans. deposts =. la557o55o 4o57572s l2aloos5
Surplus 80 s4'sc'Sg7i ss2s4' 20
The bank exchanges Of the New-York Clearing
House and the stock sold at the New-York stock
Exchange last week and for the same week Of the
preceding two years compare as follows:
Exchange. ssa e q 'ai ,;is 3 ;s s2
No. shares sold...... S3s. .5l7 G34O22 e63 OO3
RAILROAD EARNINGS.
The Tribune has printed the gross earnings Of
sixty-nine railroads systems for the first
week in January. OF these ffty-two return
gains Of $431, POS. 1913 per cent, and seventeen
return losses Of S7S437, or Go per cent The
whole shows a gain of s352.77l. or 6.S per cent
The Tribune has also printed the gross earnings
Of thirty-two railroads or systems for the sec
ond week in January. Of which twenty-six re-
turn gains of S45S.125 or 16.4 per cent and SIX
return losses OF $2S110. or &C per cent The
whole shows a gain of s430.o15 or 1873 per cent
First week in Januarym ,,o. ~ y,
81 companies -. So se7 l56 s4.s9ssei Inc. sis
II companies 49,. I.19s.9SG 1l2O4 400 Dec 7s.437 6o
Total 60 CO.'S. 50 os2 s5.5lSsOa Inc. ss5277 Gs
% eoaPanss sssS @ s2s Inc Inc s4ss 12 fS is
Total 90 co.'s. so s3G5ls s25 Inc. s43ool5 1873
THE WEEK IN WALL STREET.
Wall Street Is speculatng with undiminlshed
interest as tc the ultimate outcome of the pres
ent financial situation. The most learned men
in finance, the men Of the keenest wits and
livelest brains, are pondering over the subject
with all the energy at their command but
they are unable to reach satisfactory con-