New-York tribune., 1896-01-18

In State issues there were sales Of $4,000 South
Carolina 6s. non-fundable, AT j. Ss,ooo Noitn 49,
lima con. As at 102. $1,000 Virginia Iuhueu % ueot
9-3s of 1891 ut 597s. Fifty shares or the Irving
Bank were sold at 40 and twenty SHARES Oh the
Nassau Bank al los. ,,, ,.,,
The market for railway bonds was duli wiz, VIII,
many light declines recorded. Ihe piinSipai
losses were scored by ttchsOn seconds, 3-4s class
A. 3. to 22i,: Chesapeake and Ohio general 4r2s'
u 10 rs; Kansas Pacific first conso recelpts. u
73. Lexington Avenue and Pavonia ferry HISS
4, to 1117S. Louisville and Nashville uni1cd 4s.
9, to rs: Missouri Kansas and Texas secon IS: q
to ISL: Reading first preferred income, "a TO 2'B;
Southern Railway first 5s, y 10 II, ana NapdSh
debentures. series Il. Il to 22is. ROCK lslahd eN-
tension 5s were up lhs TO lOlts
The United States Treasury received to-day
s6sG653 National bank notes for redemption.
customs receipts reported to-day from wash
ington were S624672. the internal revenue re-
ceints s43S -55 and the miscellaneous receipts
S1SO2l. Total Government re receipts lor the uay'
penditures s224, ,55l Receipts for month TO date,
SIG 1872: expenditures s23 931 oO0 excess of ex-
penditures over receipts. s7,542S3S Receipts for
fscoi vear 10 date slS3 500. .2lS; expenditures,
100; excess of expenditures over receipts
500 90s 544
To-day's Washington Treasury statement. COW
ering actual results Of two days ago. compared
with the last previous statement, shows the fol-
lowing balances:
". c on hand .,5 SS, :ss s12 ss Dec Css5f:1 ;ss
NJ ll .. Ia i5 ~ sss5 go Rs Pee 'c: 1876:
Actual cash IN .1?. n.
psssl ssnals' is ts 'i:94 Rs ISs '
Available cash sa2 sos 4o5 sleoa5si7o Dec ss5O@2c
b,les ....... l4a393i3 12965c5s Dec l,37'cs9
Actual cash bal sI7s 4c9oe2 525 Dec si7oc37
The Sub-Treasury was a debtor at the Clearing
House $1SSS,5H. Its net less on balanc. was vas
s6l7 4S5 made up by loss in currency Of s57G,H4
and loss in coin Of s41,0,l. To-days operations
included. Receipts. si,5O6,406; payments, S512S-
s91 resulting In general balance OF SlS5 5giSy-S'
consisting Of s9441S063 coin and $6s52s,sto cur
rency The business for the week ended tonight
includes receipts Of s25,17S,954 and payments Of
s29 66s. Deducting from the receipts NOSo0Uo
and from the payments $5.ss2,O0O for items which
affec; only It's account with the general Treas
ury its gain as affecting the banks was s775,2SS.
MONEY AND EXCHANGE.
Money on call ruled at SG4 per cent. Time
money was inactive, few loans on high-grade
collateral being made for long periods at per
cent. The commercial paper market was trife
more active High-grade paper was quoted at
G@7 per cent. the bulk of the business being
done at the last-named figure, at which there
was good demand. Paper not so well known
was rot sought after
The foreign exchange market was strong on
small volume Of business. Closing rates for
actual business were as follows:
Sterling 4sesas,S fss' .s7.%. HSos ?' ssSs.s ssS5 o
Rcchsmarks ..... o5i4 e5s
Guiders ......... 4O'. AoA
The price of domestic exchange as follows
at the places named New-Oreans commercial
-. bank 81 % premium: Chicago, zoe. premium;
san Francisco sight 1-l6 premium, telegraph lsc.;
Boston, 12l20 l6 2-3c. discount.
Bank clearings in the city were: Exchanges,
$94 $50. 1873: balances, $5,l42,O5O.
The price of commercial bar silver in this mar
ket was 67i4c. per ounce. Mexican dollars were
quoted at 53i4c In London bar silver unchanged
at 204d. Silver to the amount OF $4,000 ounces
will be shipped to Europe tomorrow.
Money on call in London was y per cent. The
rate OF discount in the open market was per cent
for short and three months bills. British consOlS
we're higher at 1072s for money and the account.
French rentes were 10l francs S2l2 centimes. Paris
exchange on London. % francs 2il. centimes.
American stocks in London We're weak. Further
details Of foreign markets are given In the usual
cable report printed in another column.
"Duns Review for the week says:
THE situation could hardly be more perplexirg
for business men. Practical merchants. manu-
facturers or bankers can have little sympathy
for those who minimize their difficulties. None
doubt that the Government will raise money 10
meet obligations. but how far the money market
will be disturbed the Treasury reserve first di
minished none can say. The business world can
not know as yet how far foreign questions may
upset calculations though there seems every
reason t. expect peaceful settlement. II cannot
know what may be the duties on any important
class of imports month hence. whether imports
are likely l. exceed exports and draw away
gold whether the deficit Of revenue Will con-
tinue, or what other taxation viii hc levied
Failure Of the Senate thus far TO take any action
upon financial measures proposed by the Iresl-
dent or those passed by the House affects unfa-
vOIably all branches of business. Under sucn ad-
verse circumstances il Is actually encouraging
that shrnkage i'm transa ctions and resulting com
mcrcal disasters have not been greater. But
four large failures within day or two indicate
that the same condition cannot continue without
much embarrassment