The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-21

~ the associated banks OF New York city
Tor the week ending June ~. shows the ef-
feet OF two financial operati0ns-one the
repayment earlier IN the week OF about
st-y,o1 government money hy the de-
pository banks on anal bond account, and
me other the $4,000 OF gold exports Of
one week ago. which were not included IN
the previous sta temeur. The Few nun
4red thousand dollars Withdrawn several
days ago for export, We're included in the
statement Tor this week. The banks,
therefore. have lost S2.510.000 within seven
days, and against this, the Interior move
ment was ne only couuteraCting feature.
The decrease OF Sl,l3.70J in cash reported
extent Of the present interior movement.
the uOT into banks having made UP
Iarge portion Of the outgo. The decrease
or N5s.sv in the Idle reserve in vaults Is
very moderate, IN view OF the neavy
changes Of the past week. The eXDan-
sion On loans for the week was S5l5.300.
larger stock exchange transactions, has
pceA moderately nrmer and rates have
responded by a slight advance. The weak
Uv-S9 ll 4oI reign eAcuaAges noted aItef
wednesday, probably had its origin in
lne same cause. The decrease Of deposits
i9t tAr week was -, fss,oJO. The Item OF
loans is now sf74.7S3 co, as compared with
sJl-,sU5,ViJ for the corresponding week
last year. During twelve weeks Of 1885,
1eginning with April 6. the loans Of the
NeW York banks increased In round num-
Ders $3ZJoJOJQ. The increase during the
S5V1.rJ, bun while deposits increased in
the same period last year nearly $4,000, 900,
the increase for the cOrresp Onding term
OF 1880 has been but 100000. The great
er part Of the enormous volume of money
that flowed into New York last year at
this time, helped 70 maintain a heavy
az low ehh, despite the fact that the
loan item exceeded all previous records.
rms year, the money, owing 70 the bond
operations is going into the treasury, and
as gold exports are not artihclally stop
PED, large part has been released for
export purposes. The averages tn the
statement for the week ending June %.
1880, as compared with the cores Onding
week In 1875 and 1894. are as follows:
June 2O's6 June 22'95 June 1894
Loans $47f 7S3. 600 S5i2 905 500 $lGS 2S3 iGO
Specie 49,. 6l.55t.60 65,S75 300 gS,56zel9
era ton %. 100000 i5l9I50 $4,000
Net dep'ts.. ass 329, 500 ga, 459 900 573 63659O
Total res. 49, $50. 70O $50, $4,000 2l9.76i 500
Res red. 10 SO. $50 1884, $50 143. 4J9 l02
Eek. Of res. ls,9lS,25O 1854, $50 76,355.875
New York. June 20, noon.-Erie, II;
northwestern, l03ts preferred, l4S; Lake
Shore, 1885, Norfolk and Western pre-
ern Railway common. 81; Southern Rail-
way preferred. 2Sl4; American Sugar,
l22A; Baltimore and Ohio, lsl2; Canada
southern. 50i2; st. Paul, 7Sl2; Rock Island.
IVA Delaware and Hudson. 1875; Delaware,
Lackawanna and Western, 1G2; Manhat-
tan, 1894; Michigan Central, So: New
New York, June 20.-LQndon apparently
changed front to-day, at least commission
houses with foreign connections here were
moderate sellers of st. Paul Louisville
and Nashville and other international is
sues. No adequate reason was forthcom-
ing for these sales and arbitrage houses
We're inclined to the belief that the bulk
OF these originated here. At least this view
was taken by number of the leading arbi-
TRACE party who usually get a fair share
Of European business i'm this market The
Ian
influence with the smaller operators who
parted with the lines stocks bought early
IN the week. The news from the grain
growing region was more bullish on wheat
IL being said that the condition of the
crop in the southwest had fallen off re-
Gently On this there was selling of Rock
Island and ST. Paul, st. Louis operator
buying rather prominent in the last nam
ed issue. Further than the alleged London
selling and the news about the wheat crop
IN Kansas, there was little Of interest 1
Near the close a part of early loss of a
q TO ia per cent. was recovered and the
market left off steadier in tone. The sales
rooted up only ,6Sl shares of which $500
were St. Paul, $500 tobacco and 5000
wheeling Bonds were lower. Sales We're
1904 $50.
New York Stock IAst-Closine Bids
stocks and Bonds-American Cotton Oil /
81 do preferred, 55; Sugar Refinery 122b
DO preferred, l03; American Tobacco, 67A
DO preferred, So; Atchison. Topeka and
Santa Fe, 10; Baltimore and Ohio. 49,:
Canada Pacific. 62la; Chesapeake and
OulDs lOs chicago ana Alton, 100. Chicago
burlington and quincy, 1915; Chicago Gas
67&; Delaware, Lackawanna and Wes-
tern, l62; Distillers Cattle Feeders, II; Erie /
l4i DO preferred, SO; Edison General Elec-
trio, 325s, Illinois Central. IS: Lake Erie
and Yves tern, 1874; do preferred, n; Lake
Shore, l53; Louisville and Nashville, 5l1s;
Memphis ana Charleston Is asked; Michi-
gan Central, 96; Missouri Pacific "a: Mo-
bile and Ohio, 20; Nashville, Chattanooga
and 81 Louis, So; United States Cordage
SO; do preferred, 10H; New Jersey Cen
trail, 1861; New York Central 971e N Y
and n H., 40l9; Norfolk and Western, pre-
TERED, lOA; Northern Pacific. 424; do pre-
ferred, 14S; Pacific Mail, 25H: Reading
preferred, i.si4; silver Certificates s. ESQ 2zC
Tennessee Coal and Iron. 24Is; do prefeT,
red , 80; Texas Pacific s; Union Pacific.
red, III: Western Union, S4s Wheeiing
and l. E, 9a4; do preferred, 3424: South
ern Railway 5s, 93A; Southern Railway
common non va; Southern Railway prefer
State Bonds-Alabama A, 1O8 bid: do &.
lQ5; do G, 80; Louisiana stamped As. 80;
North Carolina As, 10i1a; North Carolina
6's, 122; Tennessee, new set, 3s So; Vfr-
ginia s, preferred, 8; Virginia Trust Re
eeipts, bid; Virginia Funding Debt, 5924
South Carolina 4l2's 106.
Government Bonds-United States As.
registered l0Sla; United states As, cou-
SIZE; United States Is, registered, new.
lll5s; United States As, coupons, new,
HES.
MISCELLANEOUS MARKETS.
Bacon-The market is steady. Smoked
clear sides, 53sc; dry sailed clear rib Sides
4Sc; long clear, none; bellies. 47sc; sugar
cured hams, 10c.
Lard-Market firm; pure, in tierces.
5he; 5O-pound tins, 5lsc; compound, in
uerces, acc; in 5O-pound tins 494c
Butter-Market steady; Sair demand;
Goshen, 14Q15c; gilt edge, l79aQ1S1ac; best
creamery, 19H20c.
Cheese-Market dull; s1ka11c; fancy, full
cheese. IoH19p- 00-nOnpd