New-York tribune., 1896-11-23
Traders CONTROL STOCKS.
rrRTHER REVITAL IN TRADE.
.-r,r,oX OF THE FEDERAL TREASURY
RAILWAY EARNINGS.
Sunday, November 22-p. m.

sunday November 22-p. m.
.,.oa c,ates Treasury received last week
i"' ,n,or,s S2313O92 from internal revenue
irons ir-e,- and from miscellaneous sources Sis
Live o total Of S567S. St:,. against S6.S10.
-. 49, rreceding week. The receipts for the
80 o. date amount TO S1I992.SiI and the
mo". 20 S24411OOO, making the excess of
pa! ,,.,.os over receipts SO, 424 l23. For the
eAs ,.oor n date the receipts have been Sl23.-
nsa na.s axnenditures Sl62. 164,95I, the excess of
A'''- ,,,,r,s hsing SO. .3l3,699. The Treasurys
900, cash balance increased in the week Sl"Z'-
- ~, and now stands at s22I .6i9'3l9.
4 ~, treasury received in the week S239l, 100
ine s,,ora, bank notes for redemption TO Sc
j" >,,io,al hank note circulation it now holds
.o,o oi4 40 in bonds. as follows:
C-,ency iS III III 40
r%r gr per cents q l'' %, 90 sSS $50
Tn,ted states bonds deposited for circulation
,,o week. S2i29OO withdrawn. S250O00
s.a,,oral bank note circulation outstanding
c'rroncv o"uo soS5 O77 o47: gold notes. Ss7s' The
.aaas,,rv holds sl>400o'3 legal-tender money
.or redemption Of surrendered circuiation
.,ns, s1s27So22 Il week ago.
s'n,o,ned is Saturdays Treasury statement
with that or NONemner II.
Nov. IL Nov. FL Changes
Gold coin and i.,'1a- 9ai- ...
ION less s1os 50 s3J 1927 coG cls Inc So 4os 3S3
e. s notes less IS oeNon 81 1856 362 Dec. 7s7s679
certificates and and
bullion less Ger 3, -,oae4 1co6s SIS Inc 1855 s7i
tinoates ....''' ''
r-... se27. i,o $40 se24.46 AIS Dec. 81 7l9 ~
Deposits .s m "a 17.oos.se4 lG7se2 2oa Dec. 2ies
...b. SEA, isa 73i s2il. 7,62i Dec. s29ieil3
p.dac;; minor Ia le7o2 $50 1s5sssoa Dec. a1oi'is
,.., bal s227 lssel4 s227eio.3lo Inc. sl62 Aoo
THE MONETARY SITUATION.
,ocaI money markets were easy. but not
49,, Money on call representing bankers
s.,.,ces was quoted at 2l2Q4 per cent. the aver
,o, the week being about 3l2 per cent Banks
.ra trust companies quoted per cent the min'-
rrum There was a good supply of lendabie fuhus
q, this centre. and the weekly bank statement
rsascted a further substantial addition TO the
,osb and surplus reserve holdings The de-
rand for time money was limited. and borrowers
received all the accommodation desired at 4at'2
ner cent for ninety days to four months ana 1i2"
( ner cent for longer periods. The commerclai
r,nar market was easy, with limited supply ol
oNerines rates ruling al 4l2MJ per cent Tor slNtE
10 ninety day indorsed bills receivable: 'ar'2 per
for flrSt-cldSS single names anu '-2H'I2 A''
names not 50 well known. In London call money
ruled at 3d3i2 per cent, with discounts IN 'he
open market IS. ass per cent for both long ana
short bills The Bank Of Eng'-.nds minimum
rate Of discount remained unchanged at 4 per
cent The open market rate in Paris was per
cent and in Berlin and Frankfort, 4i2ni's per
cent. The Bank Of England gained in the week
i213942 bullion. and held at the close tS'.b'o"".
The foreign exchange market was quiet Win
frmnass at the cnu of the week. rates Tor actuai
business advancing l2c on Thursday in response
10 an inquiry for long sterling. presumably for
investment. the condition of the money markets
here and in London being favorable 10 such
operations The demand for exchange at pres
ent in expectation Of advance in the winter. is
based upon an expected scarcity of exchange in
December and January. but in connection with
this il should be remembered that a good pro-
portion of exchange boarded before election yet
remains unsOld. and the requirements for remit
lance at the first Of the year may be more than
provided for by the ante-election boarded supply
and that now being accumua ted. A prominent
foreign exchange banker said al the close Of the
week that in Wow Of the present large trade
balance in favor of this country. the exchange
market would have fallen TO the gold import
ing point had il not been for the present specu-
latve demand. Posted rates for sterling closed
ar 81 S3MS1 S313 and 81 STA - S6ie for long and
short bills respectively. Rates for actual busi-