New-York tribune., 1896-11-29
=, os,yo PRICES OF PHILADELPHIA STOCKS.
Saturday. November 2S-p. m.

SATURDAY, november <S-p. m.
Another excellent statement was furnished by
the Associated Banks in their weekly exhibit
published to-day. which was especially strong. in
view of the interruption to business caused by the
holiday In the various changes from last weeks
statement. all items showed substantial i'm
provement while the general showing was
nearly equal to the remarkable statement made
last Saturday. when deposits increased S21, $751;
500, and correspondngly unusual Improvement
was made in the other items. This week-which
practically ended Wednesday night as far AS the
operations reflected in the statement were con-
cerned--deposits increased $14.330 900. making a
total increase in deposits since the election OF
So 1876 200. Loans gave a further expansion as
the result Of the mercantile demand for accom-
mediation and in part owing to the loans made
20 bankers who offered sixty-day sterling bills
as collateral, the increase being SSS562OO,
against one Of SO, ,553 400 last week. Cash hold
ings increased S5600.S 500. made up Of en- In
crease of S5.253 200 in legal tenders. and an in
OF S437 GOO in specie, while surplus reserve
Increased S21060J0 to $31,411 ,625. against $1S.-
Ci3.300 in the sama time year ago. and $oz-
220. 500 in the corresponding period IN 1eo4
While surplus reserve is above the at this
time last year. there Is room for further I'M
provement in loans. which at present are So
which are $50 153. 100 under those in this week
In lS9j As both of these items have shown
heavy increases in the last two weeks II may
be assumed that they will soon advance beyond
last years totals.
The favorable character Of the bank statement
had no influence upon prices on the STOCK Ex-
change which remained under the control or the
trading element Nor did an Unexpectedly IA
vorable showing by the Chicago Burlington and
Quincy for October and an advance In wheat
result IN any upward movement In prices the
publication Of the Burlington report being fol-
lowed by even greater efforts BY the pears 10
lower values. The chief grievance Of the bears
to-day appeared to be the mass-meeting held
last night by Cuban sympathizers. the argument
being that such agitation would lead to some @ &C
ton by Congress in favor OF the insurgents Inc
Increase in Burlington's earnings for october
extended to S1O4. .651 in gross receipts. and S2l4-
$50 In net. operating expenses having decreased
$1lo129 After the payment OF charges surplus
Increased S201, ,135. Weekly earnings are begin
ming TO show slight improvement. and In num-
Der Of roads reporting to-day increases were re.
ported. as in Ann Arbor. Detroit. Lansing and
Northern, Georgia Railroad. Georgia and Ala
bama. and Norfolk and Western. the last named
giving an increase for the third week in Novem-
Der of Sl3.5S5, making for the year from January
] an increase Of Sl.3O1,5O The first week IN
November, the decrease as compiled by The
Financial Chronicle" for seventy-seven roads
from 1895 1914 per cent; for the second
week decrease for seventy-four roads OF SOS
per cent. and for .ortyeght roads for the third
week a decrease OF only 3.05 per cent. Total
transactions in stocks in the two hours OF trad
ing to-day were 3.7S2 shares. Of which the
greater part was furnished by the leading specu-
lative favorites With the exception OF Ameri-
Central 17s per cent. and Omaha per cent. there
were no noteworthy losses among the principal
STOCKS. net declines averaging "a per cent. United
States Leather and United states Cordage
curities were firm at slight advances: also North
west ana Atchson preferred. Compared with
week ago. the majority Of stocks are lower.
with net losses In most cases small. Wheat
went TO the best price of the year to-day. the
december option reaching 91ts. and cash wheat
seIng at 81 bushel for the first time this year
The Following table shows the usual compare
i've statement OF bank holdings: