New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-27
.o.s, cash bal $40 las FOG s27l ,sssose Inc 2aass
THE MONETARY SIT UATION.

THE MONETARY oil OAllON.
There was an easier tendency In the local
.,n.v market Money on call representing
s.,hors, balances lent as high as 3 per cent and
:. ,ow az ah the general average being 2%
"a, cent In time money there was good sup
nv Of loanable funds. and the lack of demand
for fxed periods turned many offerings into
the call loan branch Of the market Rates Tor
thirty days were 3l1 per cent Saga per cent
FOR three months and 4Q412 per cent for SIX
months The demand for commercial paper
was larger than the supply. despite increased
offerings, including many new ana aeslrao oie
names. Some paper was placed as low as A
nor cent but the usual quotations were per
cent for sixty TO ninety days Endorsed bills re-
csyable, 6a5% per cent for four months com
rpiasion house names, 5hQ6 per cent for prime
and eds1k per cent for good four to six months
sinrle names In London there was no material
change In money rates. The Bank OF England
continued Its minimum rate OF discount at
DER cent while discounts Of sixty to ninety day
bank bills ruled at s-l6qs Of per cent until
wednesday, when they advanced to Ills OF l
Der cent, closing at y of per cent: Call money
in London was 1s@% per cent. The open mar
ket rate In Paris was per cent, and in Berlin
and Frankfort IN per cent. The Bank OF Eng,
land gained In the week f424S26 bullion, and
held at the close f47 .S6S.6GS.
The uArhett for sterling and Continental ex-
change was dull and generally easy. trine
Arner tendency being noted at the close. There
were few bills Offering, but the demand Tor
remittance was ugnt, IL was IePo' 'oo 80"
some round amounts of Illinois Central BONDS
and Northern Pacific securities had been 500
abroad which. II true. should furnish conslueI
able exchange. Gold exports cannot De maue
except at loss at current rates. ana premium
was paid for the small amounts sent out IN
the week Posted rates closed the week al
"a sSls and "a Ssh Tor long and short sterling
respectively. Actual rates, were as follows
srlas sssjs. .s fsi s. SEA ~
Rsiehsmarks az e3s ,
Gulders ava VIZ
The bank exchanges of the New-York Clearing
Houee AMI the stock sold at the New-York Stock
Exchange last week and for the same week OF
the preceding two years compare as follows:
ApI ss q. A .zi "a go A .ea go % 80 90
No shares sold -. '94s.343 i5eO962 l.Ss4,44s
RAILROAD EARNINGS
The Tribune has printed the gross earnings Of
sixty-two railroads or systems for the second
week in. April OF these forty-six return gains
Of 3435.2S2, or 1l.S per cent. and sixteen return
losses of s103,6S5. &C per cent. The whole
shows a gain Of 1891 597. SO per cent. The
Tribune has also printed the gross earnings
Of twenty-eight railroads or systems for the
third week in April. Of which twenty return
gains of spa, 535 or 1875 per cent and eight re-
urn losses Of $40 427 or 9.3 per cent. The whole
shows a gain of sl65,10s or 5S per cent
s~nd week in April
= companies 81 go 49, s4ili771 Inc $40; 2s2 IFS
is companies i.559S7i l.435.Gse Dec lOSes' SO
Nts CO COS 50 assseo .557o.57 Inc. sss.S97 SO
/. companies =. sio4so44 s2ioeo7e Inc. s244 50. Is5
companes.... s55sis 776.3ri Dec. Io427 9S
Total Is co.'s 81 SOL 1872 sces7o Inc. slG5i os 5s