New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-24
SITUATION LITTLE CHANGED
INFLUENCE OF TIGHT MONEY.
CONDITION OF THE FEDERAL TREASURY
CHANGES IN VALUES.
Sunday. August 23-p. m.

CONDITION OF THE FEDERAL TREASURY
CHANGES IN VALUES.
Sunday. August 23-p m.
Tho United States Treasury received last week
iron, customs So I3l 209 from internal revenue
50 500 SCI, and from miscellaneous sources
sA94774 making a total of So.s2oSi4' against
S514T647 the preceding week The receipts TOT
the month to date amount to Sl9lOi,'-'' ana
the payments to $31 03i 30 making the excess
~ expenditures receipts Sll,92o2'o FOR
tho fiscal year to date the receipts have been
s4S. 13093S expenditures Si5.1l9.46S' the excess
Of expenditures being S24.9sS,32o
The Treasury received in the week Sl,'oSofl
,n National bank notes FOR redemption. To Sc
o,ra National bank note circulation 1t now
holds 1924 DIG 100 in bonds, as follows:
currency os........ ACKNOWLEDGEMENTS Sa 500 eVo
rive per GEMS a. COS oso
-Four per Of 1897 90
1wo Per --'"'o'o
United States bonds deposited for circulation
during the week. $11190p National banK
note circulation utstanding-currency' 49,
939S97 gold notes 10, asasr money
for redemption of surrendered circulation
against SI9.377. 800 a week ago.
Suhioined is Saturdays Treasury statement
compared with that Of August 10:
A1g Is. Aus - changes
ion less cer's sls 500 sioa 242 sSo7aeso
L notes less LOG lssl4s ioco77 SIS Dec. losslo
SILVER dollar. and
t sgGs less Ger s45e27 sccss os Dec as2s i2s
CAS-, IN Treas oes ias $3.50 e5sss2 Dec s7ic"s7o
psp ossI banks Isco9aeo l6cai1io Inc Sa4Sl'
,.ush. cash s2a se2 7o7 s25e5s7 eas Dec se.77ts'e
psdnc; minor ma 1sssa7l3 losGoo2s Dec e22ac ESQ
Zach ~, se,e. 77so s4 se4e227 oli Dec s55ll7c
THE MONETARY SITUATION.
rh. str,ngency in money increased somewhat
last week as result of the large movement OF
ta 80 the interior particularly TO the West and
South heavy contraction OF loans Was neVe
sarv n supply the funds. and but Tor the MAKING
- sterling loans the situation would nave beeh
ou"h worse While call money on one day was
down 10 8 per cent. that quotation was Only TEN,
porary The average rate was 0r2 per cent oilu
the larger part OF the loans were maue ~ " " ".
con, banks and trust companies quoted per
cent as their minimum rate. The rate Tor tihe
money was 6 per cent for all PERIODS put the
number Of time loans was not large some s'ei-
ling loans were made with. commission Wnlch
made the rate for them work out at per cent.
The offerings Of commercial paper were Hght, TOT
the reason that IL known that no market
could be found for il. The nominal rate was = per
cent but there instances where paper was
offered at a discount Of 10 per cent The weekly
statement Of the associated banks showed a IAN
ing off in cash holdings Of S22I3llo ana reduc-
ton in the surplus reserve OF Sl2Io2o TO s9-'-'-
$50.
In London call money was y per cent with dis
counts for sixty to ninety day bank bills at seven
eighths of ! per cent. The Bank OF England
minimum rate of discount remained unchanged
at per cent The open-market rate in Paris
was Is per cent. and in Berlin and Frankfort ~
per cent.
The demand for foreign exchange was light,
and the supply was large. There was break
Of ] per cent in rates in the middle Of the
week. but the rates were restored after the
purchase Of a large amount OF bills 10 be used
in payment for gold ordered for shipment from
France 20 New-York. Closing posted rates were
ga 50 and 81 S6la for long and short bills re-
els 1ncfr1 ct 0l
Transfers 81 s5izGs4 S59.: demand 81 s5l.d
81 SSH: sixty days S4S414 asa $40; documents
for acceptance sixty days "a s3laqS4 -; docu-
51SisG517i1 less 1-16; checks. 51S1s less LEG
51sik: sixty days 52005.19@s. Reichsmarks,
cables G5ssQ9j 11-16: checks % 5-16493 sixty
DAYS o. 13-16G947s. guders. long 39'sGi0;
The bank exchanges of the New-York Clearing
House and the stock sod AT '9 qer fbe
week Of the preceding two years compare as
follows: .oo
.ss,.. taa 8 s ss$ & q sf e
The Tribune has printed the gross earnings
Of sxty-three railroads or systems for the first
week IN August OF these twenty-five return
geins Of S211 $50 or 81 per cent and thirty
The whole shows loss of SJ2.942. or = per cent
The Tribune has also printed the gross earn
ings Of ffty-fOur railroads systems for the
second week in August. Of which eighteen re-
turn gains Of S1I4.42I, or II per cent and
thirty-six return losses Of S341.923. or JOS per
cent. The whole shows a loss Of STUBS, or 81
per cent.
FIR week IN August
s e8nPsniss " $7s7 @ss 80 Dee 1i9
Total So cos. seonel2 s5Sss go Dec. s52s4a 8
's 81 81 M s s,ss u
Total "a cos. s. oso5ss s5,5o7c4O Dec si7a.4os 81
THE yEELy IN WALL STPFET