New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-10
WALL STREET LOOKS UP.
EFFECT OF BOND SUBSCRIPTIONS.
SPECULATIVE SENTIMENT BULLISH-
RAILROAD EARNINGS.
Sunday. February 9-p. n

Sunday, February 9--p m
The United States Treasury received last week
from customs S3.3S6,i65: from internal revenue
p674l44, and from miscellaneous sources
,nO 45s Total from all, $6,471,065. against
SCS9O4S in the preceding week. The receipts
for the month to date amount 10 $7,4l7.OO5, and
the payments to s1O,302,0 900. making an excess
NJ expenditures over receipts, S2.SS4994 For the
Ascal year to date the receipts s2Oi, 222, 729;
expenditures s225, 794. l0l. the excess Of expend-
lures being s21,571.S7l. The weekly Treasury
statement showed decrease of s3,605,72l in the
available cash balance and decrease OF
q 225 rs in the actual cash balance which Is
now $40 500 063
compared with a week ago the Treasury hold
ings show the following changes: decrease in
The gold balance of S47273g6. made up by a
loss of s4,746.156 in coin and bullion and a loss
of $ls.76O in the amount Of outstanding certif-
catos gain in the silver balance of 81 064 so,
due to a gain OF $49l O29 in silver coin and bull
ION plus a loss of $573.15l in the outstanding
silver certificates. and loss in the legal tender
balance of si96. i9i, made up by gain of $3.50 900
N the amount Of outstanding currency certf-
~stes minus loss of SlG3.5c6 in the amount Of
iegal-tender notes in the Treasury. Holdings
~ National bank notes increased s265,S71. The
Treasury liability for the redemption IF Ma
tiorel bank notes increased STS.419. and deposits
~ lawful money on this account amount
~ go O59 O52. Treasury notes issued under the
law Of 1890 10 the amount of S269,41S were re-
turned to the Treasury, and the amount or these
notes in circulation was decreased by tnlS sum
TO s269ilS
subi1ined Is Saturdays Treasury statement
coupared with that Of February i:
February /. February S. Changes
co,1 coin and bull
d..cs '..". s49s4a.5oT si5lls1ll Dec 81 27.a9G
s sss!s5sS R ISs &c 81
slye. dollars md
dcates ....... 90 2ae 4e2 1880 642 Inc. 1904 $50
Cash in Treas slsI Goa $50 si777O50 Dec So ses $50
iona iona banks. 14soa sos 15Ooloi5 Inc. 2ssli2
Available cash si0c 40, co. sla2 Dec ss.co572l
Si,ies ....'.... 2AS7d.op 94e'eos Dec 22SoooG
Actual cash BAL si7i5ol77S sl7oaeGoes Dec 81 '7l5
THE MONETARY SITUATION.
Money on call representing bankers balances
was as low -. per cent and as high as
rer cent in the week When the bond sub
s,rptions were made known indicating that
large bankers would get good part Of the
loan fears of monetary disturbance practically
ended. and the rate fell from s per cent to 2i2
per cent on Thursday and Friday the rate
ranged between 3i2 and per cent. and closed
tn week at 1905 per cent. In the middle OF
~ week business in time money was heavier.
Rates for all periods ruled at per cent, al
though some loans were placed at 81 per cent.
The Indications are that there VIII be big
Improvement in this branch or the money mar
kct also in commercial paper, whlch ruled
dull all the week at per cent for sixty TO
ninety day Endorsed bills receivable per cent
for four months commission house names. s
rer cent for prime. 7GlS per cent for four 70 SIX
months single names. and above for paper u II
81, we'll known. In England the Bank Of Eng
la0l made no change in its minimum rate 81
discount; which remains at per cent DIS
counts Of sixty to ninety day bank bills in Lon
',p ruled at per cont IN Paris the open MAJ
s~i rate was lM per cent. in Berlin 2is per
,.a. and in Frankfort - per cent. The Nank
of England gained in the wesk t@Sl'Alo Dui''o"'
nna hell at the close f4s.59j6SJ
Tho market Tor sterling and Continenta! ex-
..~rr. wa dbl and lower The demand for
r..lianoe was light while the supply OF pins
var somewhat better The market closed at
.i.-tsNSi s. and s. S9N$i S9i2 for posted ster,
r~g ra.es respectively while rates for actual
.u,ress ended the week IS follows:
Cables. Long bills. Short MS
ras .'.... .........: 49, 5is. 5ie,.
. ..a'''s .:........ %. ~
The following table shows the bank holdings on
tie respective dates:
81 z $50 g. s.s e 90 s rs :. %
is' '.'e.'' 5 e Sc :; q SS
The following shows the relation between the
total reserve and the total deposits OF the re-
spectiYe dates:
s, So q q s. g: Es9 a:
Ieva!-,eniers ....... il1@7sloo SI'looo S.e.4.1o
r,.,, reserves s2ie1i7.so slo745t9oO sl63,s75 q"
h sss1, de J:rra 1a5 51o Iaaess c75 i22i9s
ss,sia. $50 20 7o' AZ n s'''ss 4 e
The bank exchanges n tho New York clearing
House and the stock sold az the NeW-fork $40 x
Exchange last week and FOR the same waek Of the
prec ding two years comp-r as fo'-oWs: 600
Esssas 80 sc Sc $3.50 s Fl s''iis Ss
The Tribune has printed the gross earnings n
sixty railroads OF systems for the fourth week IN
Jonuary OF these forty-hve return gains u
;76q122 or 1lS per cent. and fifteen return losses
of silO19s or 1lS per cent. The whole shows a
gain of 1858 924. or S.S per cent
Fourth week in January ooo ,,..,. p
4, connaniess 500 O97 81 26a 2l9 Inc sl69.l22 IS
* comnanies..... 927.S34 slI.G'o Dec. llVlvo liS
Total co co'ss7 4279 gel $ ose.sj' INC sCjS92i SIS
THE WEEK IN WALL STREET.
The incident Of the week Of supreme interest
IN the banking community. and. in fact, in gen
eral business circles the magnificent reply
Of thc country TO the call for subscriptions TO a
now, Government loan, and the allotment to the
successful bidders As an influence upon the Sc
clrjtv markets the effect was pronounced Be
levers IN higher prices are inclined 10 thlhk