New-York tribune., 1896-11-22
CLOSING PRICES OF BOSTON STOCKS.
Saturday. November 21-p. u

Saturday November 21-p. n
The important development OF the day q
financial circles was the publication Of the
weekly bank statement. when, however, re-
ce,ved scant attention in the security market
the professional element remaining IN undls-
nuted control OF transactions. and taking no
notice Of the continued evidence In business re-
vivaI. as reflected in the heavy and unusual
changes In bank holdings. There we're no news
developments responsible for losses Of fractions
to above per cent in stocks. The bear iaction
was unopposed in its efforts to force reactions.
and in the active list. Chicago Gas. Rock ISL
and. Burlington. Tennessee Coal and Cordass
nreferred suffered. net losses OF rs per cent
the only exception among active stocks to the
Weakening tendency being Consolidated G4
American Spirits and Sugar Refining The close
was at about the lowest points Of the day. Con.
ditions in tho money market at present are well
accounted for by the bank statements OK TINS
and last week. and. in measure. also, con-
d,tions in the foreign exchange market. which
have indicated the advantage which has been
taken OF the easy money market by buyers OF
long sterling, who hope to profit by their trans
actions In December and January. when an az
vance In rates may occur in response to tne
demand In connection with interest and div'
dend rem,ttances. Buyers Of sterling at present
rates expecting to profit on their transactions
should bear in mind, as pointed out In this col
umn during the week. that good proportion OK
ante-election boarded exchange yet remains
unsold that the balance of trade CONTINUES
largely In favor OF this country. and that tns
bills boarded before election. and those peins
accumulated now. may more than Offset the e@'
pected winter demand. resulting in no advance
in rates and possibly a decline. Present rates
are not much above the gold-importing pom"
and according to some bankers. the speculative
demand for exchange this week was the only
factor which prevented reduction IN quVs'
tions to the god-importing point
The weekly statement OF the associated banks
which showed unprecedented changes IN t"'
history Of the Clearing House, furnished further
evidence of the revival in trade and financial
circles. and the temperance OF receh'y
boarded money in the legitimate channels OF
business activity This was most pronounced III
the loan item, in which there was an Increase
Of $9553.400. against one Of S3.22S,3oo last
week. representing, in great part, accomnioaa'
ton afforded mercantile borrowers. In deposl's
there was the extraordinary increase VI
$2l 937 500 against an increase OF slo9l',SoV ~. ~
the preceding week. Cash holdings were N.
creased by Sl1 12S6 100. made up by an ihoreass
of 81 206JO0 in specie and an increase "
$1,019 900 in legal-tender notes while surplus
increased s3,sOl.GoO, the incIease, ,si. a.
deposits advancing the reserve required SJ.fc4,.
40 to S119OI3.S2o, leaving surplus y.
500 305 575. against S19594950 this week a
year ago and SG6 027 800 in the same time sne sne
Year before that. Deposits are now S21,33O3OO
above loans. and It will be noticed that the ~ ~
crease in cash holdings Is pretty nearly y,sit
fected In the changes in the loan ana uepucw pvcw
items. The banks gained by interior curlemShs en-.
movements upward OF S4.0OO,OQ0. and by Su'
Treasury operations nearly $3OO0Ooo .,,.
The following are the comparative Statements
Of November ii and November Il:
Loan, s.ss NSx soa = COO s.ssSS:a NGy 600 Inc s
Specie ..:..... T. ees soo 1SloSaoo Inc Inc ,o,S SS
DEPOSITS .ss5S g ssisSS 500 Inc Ps sGsi ls@ SO
The following shows the relation between ,ns
spective dates:
sSS Es: In:
Total si37 ooa 800 sl4ss7a4oo Inc. s.ssS'oo
Reserve required
It's Ms'''s. .. l,s5ses75 Iieo7a.s2s Inc o4stOV
s,rr,u. sas 5os 92s 500 so557b Inc. @.solo"
The Clearing House statement for to-day wa
as follows: Exchanges. $114.132 ,93i; pa'Sot s1ot
a. a. 40 lH aIo For the week Exchanges. S72l'
445 O38; balances. $31. 1.l93.0Si. ,..,,rr
The total bank cearings Of all the ciea,ins
houses Of the United states Tor tHe "eeh Vs.
today have been $12l3 069. .4S4. an increase o.
81 4!(, $50 over last week and an increase Oh @i'
60i $40 over the same week last year.
The following are the changes for the s. co.,s
spondng week OF the three preceding yeoss
1S05-Loans decreased. $221 900; cash decreaseu:
81 O73. 600: deposits decreased. $l,OoSVOV anu
surplus reserve decreased $500 1OO lsH0aoanm. snm
decreased, SO, 1888 800: cash increased S2,ooSovv'
deposits decreased. $21762OO and surplus 70
serve Increased. SO. .550 1S93-Loans emn. ~.
creased. So 46S 900; cash increased. $S.OZl.oov'
deposits Increased $10,627. 600. and surplus "
serve increased. $5.364. 100.
The following table shows the bank holo'ns',
on the respective dates
ssSS MSyj Ca. "a 100 90 SsSs n 800 sssi o: o%
spece ....... 96O59.500 o. 2st 600 1odM 20 ~
Legal tenders .. llsOG0900 - 600 SSx "a
fSenosits b92 37l2OO 623 10 600 ec0' 'seSS 10
tyrpva, CrpvI, Ion ~ iii544OO i3056300 20.SSle'v
nh. ,o,,ow,rp shows the relation between the
total reserve and the total deposits OF the TO-
spectiVe oa'eS' Nov "a "a Nov. g. 'e5 Nov. q. "a
s...,. 500 o50 500 see 2St 600 &16 I'D ~
Spsce I ,cna.,: iiS0600Oo s460S.OO0 722o4VW
ro,a, re..rv. .;2i1l2o 400 si5oss7.Ooo sAssnAs
K:sssSs ssSS ssSSIea ,.sooc 800 ,sssamo ias1
su.s..: 5000. 'ss0sa asSs s's''tsssss tss IL
Perceutago ..sss.'' "~