New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-15
,,pROVEMENT AT THE CLOSE
curR SECURITY PRICES.
,,r,oN OF TIE FEDERAL TREASURY
W. RAILWAY EARNINGS.

All. " Al I-A A.->i.NNfE.
sunday June LIP. n.
,,.,.nd states Treasury received last week
Ihe ..o,ns s. 476.24G. from internal revenue
POM no oos and from miscellaneous sources S'o4-
81 from all. $5.61l 600. against S6,IS2-
y" .he preceding week. TIE receipts for the
so II date amount to Shops 053. and the
no"'" 80 S12GG4.000. making the excess Of
payH' ,,',ros over receipts $635947. For the
sxpe"' - date the receipts are S}1l,S32, SO,
as'A' .,,rrAs $3.50 4l0. $50 the excess Of eXpendi
sSpe'T ha,nr S27.G11.S2l The weekly Treasury
''''' showed an increase of S4i4,o90 in the
s'a's"+, cash balance and an increase of ST.
ave- =, tive actual cash balance. which is now
N"'r,narel with week ago, the Treasury hold
.hnu. the following changes: decrease in
balance OF Sl6O.0S3. made up by a loss
rsSSo5 az in coin ana bullion and gain Of
$50 IN the amount Of outstanding certificates;
stV,v0 In the silver balance OF S2,0"l.9 9l, due
ga cain of $5l6sI2 in silver coin and bullion
oseires u 81 .51J. 40 in the outstanding SILVER
~ ascstes. ant n loss in the legal-tender bal
TN 81 ca 1913, made up by loss OF Si3o,oVo
rF oroun. Of outstanding currency ceTtiil-
b the me- loss Of So. OI+ 1873 in The amount Of
ales 80, Cd notes in the Treasury. Holdings
asa,Ta,ional bank notes increased SGUo, io6.
D. va. notes issued un0ci the law OF lS30 TO
Ifesm3unt Of SSIl.oi2 were returned to the
pc an Az and the amount Of these notes in
Treasm.ii, was decreased by this sum 10 500
snrS1s, The Treasury holds S20.2.SIS0 for III
i-oSo,icn az National bank notes, an increase
FeI go ae7 over the preceding week
OBTAINED Is Saturdays Treasury statement
ss.nssred with that of June {:
cSnp'' JuneG june 80 Changes
Hn less sloe s4eSs s1od.s74.oc' Dec. siCoos3
u s @ ese35s i2 3ss5 80 p Pee 1Sst 80 20
a. a., '@ soIlars and
sc a., l's' socioioo a2c72lsl Inc 2o8la9'
~, N Treas s27ii 'aa5o S272OcO2 77 INC. ss'2o2i
Deposits ss an loe427ao io.52i4eS Dec. 4os'22
.,,n. cash. s.oi. 096,1l6 s20i54o7a5 Inc yli4.59o
p.ag ', MINOR ma 2,7il7e2 25oaasoa Dec. cdSaea
..,.., cash sa s2o5 s2c6 4s7 ees
THE MONETARY SITUATION.
There was little doing in the local money mar
~ Money on call representing bankers bal
.,~s lent At 1lsG2 per cent. and on Friday got
-s,gh a. 2 per cent but the general average
=. Ia per cent Banks. and trust companies
srlnued . per cent the minimum Tine money
vac in light demand. although On Friday the
as,at vas a ,rine more active. with rates at
o.. ner cent fer thirty days. 3Q3l2 per cent Tor
.bree months 30 pCr cent for Tour months "hd
cav SIX I.Dll!-- lt N'iliii'i N''''
.ncr market rates were quoted a; 10 ~ per
~, for nrIrne inlorsed bills receivable; y "a
,sr cen1 for four months aCcrptances ana choice
.our months single name paper $500 per cent
ior .he hest class SIX months single name paper
.rJ 5i.G6 ner cent for paper not so wei known.
"xscs of b,gh grade paper were heavier, but
,hs dan,anl was not large. q number OF banks
hing out Of the market as buyers. IAN
amount OF business was done among IruS' Vo, ~,
NAMES and out-of-town purchasers The call nY
~f,,,rl
,as. NJ the bond deposits-S4 1po,ON-had 10
sNec- unon the money market. and the amounts
las, by the banks were OFFSET ny the gam III
eurrency from the interior In LONDON can
money ruled al Il per cent VIII uiscou" e, ~ .i,r
nnsn market at 8. and l1-lG0A per cent for
short and long bills respectively The Bank or
Fngland's minimum rate ri discount remained
unchanged a; per cent In Paris the open
market rate was l7s per cent an" ~ 'e''iH """
Frankfort rs per cent.
Tne exchange furnished by the Anaconda Mine
Gale onl by other securities sold abroad mas no'
ali been drawn against and the demand 'or To-
,niftanee In the foreign exchange Harift HdS
,ot been unusually heavl for this time Of year
OF the gold sent out in the week only part
yes 10 settle balances the rest going on a spe-
csN order 10 Germany. ard the condition or the
exchange market IS not favorable 10 any heaNy
exports II gold In the ordinary course or eN-
change transactions. II, rs il is confidently eN-
ter.sd q foreign buying movement In the Sc
,uhy market follows The 81. Louis Convention
enough exchange should be provide - pDvlnle
tie necessity Cf large gold exports. Toward the
end Of the week exchange was firme?. Inc sup
ply Of commercial bills continued small ana tie
demand was prlncipallv FOR tho payment OF Sc
curties sold for foreign account and Tor trav-
tlers' credits. The increased shipments OF 81,
yer furnished considerable exchange Posted
n,ss of the principal drawers of foreign cX-
sanga were 81 Ssi9 and 81 s9is for long and
short sterling respectively; Paris. francs. 'l44s
.r long and J12i1 for short; Berlin. r"ichs-
narks oI3s eor long and 96 for short; Ans'er-
dam gunders 4Oss Cor long and 4oes for short
RATES for actual business closed as follows:
cables. Long blnls; short h ..,;
hacSsnari,s 49,. ~ % lo ~, .1,'
The hank exchanges Of the NewYoriS Clear
!ng House and the stock sold at the New j orr
Stock Exchange last week ana ior lhe SAM
weak of the preceding two years compare as
follows nc
Ga; s IS & '5ai e 3;
RAILROAD EARNINGS.
The Tribune has printed the gross earnings
Ct slx,y-three railroads or systcme for the fourth
week In MAY OF these twcnty-elght return
gains o. s3ls.99G. or 125 per cent. and thirty
Ave return losses Of S507,62s or 90 per cent
The whole shows a loss Of SlSs,G''2 or 20 PEI
cent The Tribune has also pflnltu 'i' L!
earnings OF hfty-one railroads or systems ioi
the first week in June. OF which thrty-four re.
'cEn gains Of sos 9S7 or III per cent, and
seventeen return losses Of Sli2,9I9 or 81 pei
cent The whole shows gain Of S220'o3S' oI
s0 per cent
Ferrh week In May
fslJ 1896 Differences. Pc
companies s. Ia III 81 e735i3 INC. s3ls .998 u;
. c,nlanl.s ! 40 c-i g55.C27 Dec 5c7.O2S g.:
letl g cos .SsOi7l72 s7s2s. $40 Dec Slss.C32 -
q compatiss s5s2s4i7 s3Gaj 4a4 Inc. s3Gs9s7 III
4" companies SIS 400 80 s5i Dec. 1898 81
Toa 81 cos s49o,s5o IS 1870 sSs Inc. s22G.o3s 81
me Financial Chronicle" computes the gross
eaIa'ngs o. l2S railroads In May al S3l ,I24,3S5,
an Increase OF 1854 ,63i over May 1880 and
ron January for 12G roads $1S9, 7JS G4S. an
Merease Of SO 397 81 ever The same period In