New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-12
TRADERS RULE STOCKS.
rnpKJNG FOR REACTIONS.
.,r,oN OF THE FEDERAL TREASURY
TIVE MONETARY SITUATION.
Sunday, October lip. m.


TIVE MONETARY SITUATION.
Sunday, October lip. m.
.,aa states Treasury received last week
l" .,on,s s2541, sos, from internal revenue
TO- n"r. ,os. and from miscellaneous sources $lo4,-
Es~xt,e a total of $56l1007. against So
no. ,,e pr.c ding week. The receipts for
h".,b to date amount to $S53S,S31, and the
the Ut, 70 s12.393, 900. making the excess of
pS.,,rres over receipts So. S54 1863. For the
"P car to date the receipts have been $751;
ns aeo exnenditures S116.762619. the excess of
H." .,,,,ros being So9OiS.297 The Treasury's
"x cash balance decreased in the week $685.
:. and now stands at S239.929,4o9.
Trcasurv received in the week 81 .o66SS4
,.o,onal bank notes for redemption. To Sc
Nat;onal bank note circulation 1t now holds
.oo ssi 800 in bonds. as follows:
Observation-Disclosures. sioS2s coo o
s T PEI cents ;a ss@ ss so
m r Der o: 90 aS5 go go
,..,,od States bonds deposited for circulation
10 the week, 81, 02230O; withdrawn, S112.-
so National hank note circulation outstano-
currency. 1924 265, 49, gold notes, SSI.3o'.
~ ~. treasury holds SlS,156.04 legal-tenoer
sv for redemption of surrendered circuia-
l Nun against S1SS01 ,013 week ago.
D Snh,oned is Saturdays Treasury statement
..rnared with that of october 3:
oct. B. Oct 10 Ona''s"
Gold coin and oai
ION less ~ s1cs 75S 900 $l2s. $50, 800 Inc Soaoi o'
e. NOES less oe47sol2 9716lelo Dec. ss1eeo7
. s.rnssa aI'srs and
bulon less 0e' 555s.l5 1900 391 Dec. 243s24
COOS 7s7 353 500 a2i 69o Dec. 81 ,S7
Deposits ,ob n IA le54l4si 1712i2ss Inc o1sSe'
cash sc55. s2s. 81 s25s,o42ea4 Dec 81 2s'7 ''
psaass, minor Ia. 147o2sT lslis5aS Dec lsse$sS
... hal $40 Ga5. 9l3 s2Ia 929 459 Dec $685. 'i
TUE MONETARY SITUATION
TIA, money markets were stronger last
,,o,a, on call representing bankers pdi-
"N" -. as high as l. per cent and as low as
~ ut the common rate being ABOUT oa'
The stronger tendency OF rates was
~ .. q number IF factors. the sentiment
s'S' nanters favoring caution. the increase
s"'oNe .,,,,a,,s of currency 10 the INTERIOR the
" - psadine's last assessment arranged
, ,ax navments and the call from the
N'' - - tho Currency for the conditions OF
w., hanks on October = being the ooi'ii-
,o.a,cas Time money was ouh anu
., G per cent. The commercial pa
-. ,-as sitter and a number OF lhs'i'u-
~ Ito, rscen,lv came into the market Win
~ .-o,, This class of money lending Inc oe-
"@ oooo-nr,odation was light, ana DOM
i"'--1 .na lender exhibited the caution ana
.r;ction incident 10 the approsai -. 20 O
.naI election Rates were hoiiihaa ca or in
ner cent The bank state', heis,rs and a de-
~ ose ~ sl1 100 in cash hoidinsso an - ell
crease Va ~.,r,lus reserve of S926S-J. the ldli
n ~ from last weeks large increase II, ",,r.
naorav being due to the loss D! ii'' 80, mar,
mon sh,nnents which. however IL sIea. pc
rehcy sn.r Nv arrivals Of gold from ABROAD. III
Tele call money was 1Gl1. per cent' WI. VIZ,
a,scoun,s in the open market al "a, p, oart
for short and long bills. closing ar 80 Of dis
INC arno;red unchanged at ) per cent nc
1onx los, in the week iSiZW" puiii Ia -,
par;s the open market discount rd,s y. Ok
- cen, and In Berlin and trahkloI1 az -
ner cent The Imperial BANK OF WI ""''
It's discount rate &c . per ceh, 1901. ,,.a.r and
rSe foreign exchange market was weak anu
sola imports from London and Pans Were ,,i he
svmed a large supply OF commercial piIIS
oams into the market. while the demand TOT r.
mittance showed an appreciate iaIihs Oh ~
higher money market contributing 10 the az
sa1ce of inquiry Recent easier money rates
Soubtless afforded merch ildse importers SUI
fcient accommodation to make unnecessar!
further inquiry until the money market mas re-
Iaxed Demand sterling on Friday was down
80 ,ba lou noint reached several weeks ago
The supply of commercial bills VIII Doubtless
remain heavy for the rest or the rnohth' 49, ,
longer
likely 10 decline for some time TO come roster roster
rates for sterling closed the week at ~ oZt2H
81 S3NS4 81 for long and short bills respective
" Rates for actual business closed as folONs'
Cable TRANSFERS. 81 S4i4GS4 S4i2; demand,
81 S3sGS4 81: sixty days. 81 SliaqS+ 81,
documents for acceptance, sixty days, - So
81 S1A: documents for payment ~ S wa
s4s1L: Paris. cables. 5l94s less 1-16a? US
checks. $50 less 1-16G5.2o sixty days 81 !
less 1-16Gj 217s: reichsmarks. cables. 3c.su
az ZIG: checks $685. lie: sixty days ?tHsu
"a 1-1e; guders long. - l3-lGM 331s: snort
40G40 1-16 <,,.,,,
The bank exchanges Of the New-York Clearing
House and the stock sold at the New ork
Stock Exchange last week and for the saihe
week OF the preceding two years compare d.
follows:
OCT, IL. - Oct e ~ , oc,. ok y. its
E.chsns.. s47s :. s sss s., 81 500 o s s.
RAILROAD EARNINGS
The Tribune has printed the gross earnings
Of sixty-two railroads or systems for the ioui Il"
week In September OF these thirty-nihe "
turn gains Of $3.50. e57 or 1919 per cent. ana
twenty-three return losses Of S,32 ~. or 90
per cent The whole shows gam Oh "-''''
Or p per cent.
Fourth week in September sos D,.erencss Pc
. companies "a $4,000 Sasool7 Inc - 81
. cUngslies 4i22 al 3.79.ssI Dec. S"Z,'74 =
ro., % oo..,so cos, Ioi .s2Ioo14 Inc. SCOOPS -
ex railroads for the first week IN October sho" gam
9Q.44 or Ii per cent
THE WEEK IN WALL STREET.
lmportant developments in the week were ou'-
dde os Stock Exchange transactions Inc
changes IN the money and foreign excnahge
markers were incidents monopoliZng the a,.e"
tjon NJ The financial community. and little or No