The Wichita daily eagle., 1897-11-14

4. Sterling exchange, firm, at s4s931Q4s5s4
| demand. and As2d4. s2& for sixty days.
Commercial bills, s4s9G4 s2A; bar silver,
| 57sZ; Mexican dollars, ass.
THE BANK STATEMENT.
New York, Now l3.-The weekly bank
statement shows the following changes:
Surplus reserve, increase, s5SS.92s; loans,
increase, 81, 81. 100; specie, increase, $780,
| 300; legal tenders, increase, $65o.eoo; depos-
| its, increase, s2,9SS 100; circulation. de-
| crease, s7,5oG. Tho banks now hold s2l.-
| 765, $50 IN excess Of the requirements Of the
| % per cent rule.
New York, Nov. 13-The Financier says:
The statement Of the New York clearing
house banks for the week ending Novem-
| Der l3, viewed in its general results, IS
| decidedly misleading. The loans. for il
stance, are reported 81, 2sl.1o0 higher than
the week previous. whereas the loans OF
sixty-four of the sixty-fiye banks in the
clearing house association have fallen OF
no less than $, ,1S7, 100. The decrease having
been more thar offset by the increase Of
| Sc, AIS 299 reported by one large bank which
occupies prominent position with refer
ence 20 the Union Pacific settlements now
pending. Just what the heavy loan ex-
pansion indicates specifically lis hard TO
determine, bat that il is involved in these
settlements IS doubtless true. The same
bank has deposited with the government
something ike nine millions OF bonds 70
secure the Union Pacific deposits, which
further bears out this assumption. Other
wise the business OF the banks has not
been so good, forty-two Of the institutions.
Individually considered, having decreased
their loans The item of deposits is also
nj vx-f- n
bank eliminated, the loss for the week has
been Sc. "a 200. Adding the increase Of so,-
liS, 800 reported by this bank. the gain be
comes 8. .9S6, 200, as given in the clearing
house totals. Here too, the Pacifis pay
ments are in evidence. But treating the
statement in this manner. that is, consid-
ering the bank making the greatest
changes apart from the rest. II is found
that the total gain OF s., ,331. 100 in cash made
" the banks IS 10 be credited entirely 20
the sixty-four institutions, as the bank
reporting the heavy expansion IN loans
and deposits has almost precisely the same
reserve carried the week previous. As the
increase in loans and deposits OF this in
s.itutioa were identical, it follows that the
sixty-four banks lost heavily in loans, and
decreased their cash S1,3000o0 and their de-
posits S33i25. 30. The statement thus treat
ed does not balance, but that IS all that
can be made out of it. The actual facts are
that the banks are gaining money and as
interior Institutions are over-supplied with
cash. the chances for firmer money mar
ket, even with the heavy payments due
the treasury are growing less from day
TO day.
WEEKS EXPORTS AND IMPORTS.
New York, Nov. 13.-The exports Of spe-
Gle from the port of New York for the
week amounted TO 1873 in gold and s8ls.-
Az in silver. The imports Were: Gold, s62.-
ia; silver s9i, COS; dry goods, sl,3Si,563; gem
eral merchandise, s9,74S,S S92.
GOLD FROM AUSTRALIA
San Francisco, Nov. 13.-Advices receiv-
ed in this city convey the information that
the steamship Mariposa, from Sydney and
Auckland, due here November Is, carries
S3O0,O0O in English sovereigrs. equal to ST.
500.O0 consigned to two local banks. This
is the fourth shipment during the past four
nonths. making the aggregate received
this fall from the same source about Sl0.
c00,000.
TREASURY STATEMENT.
Washington, Nov. 13.-Todsy's statement
of the condition of the treasury shows:
Available cash balance, s202, III, ,952; gold re-
serve, $780, 421 ,222