New-York tribune., 1897-01-11
,o,rES SHOW IMPROVEMENT
rpiySACTIONS ENLARGING.
,r7ox OF THE FEDERAL TREASURY
w RAILROAD EARNINGS.
Sunday. January 10-p. m.

' RAILROAD EAkNlNGS.
Sunday. January 10-p. M
,..,,ad States Treasury received last week
Tae ..,on,s 81. 226.5l9. from internal revenue
non, one and from miscellaneous sources
s-ss, -sss, making total of S6,324 AS. against
s's". or, rho preceding week of five days. The
S" Cor the month to date amount to
ree,p rno 90, and the payments to S12. $4,000.
T.?-up,- The excess Of expenditures over re-
rasns rs's's For the s,d sosl Ss SS year to dat
the ressSSI sssSS I6l O0o. the excess of expenditures
lures 30 iS6 ia The Treasury's actual cash
being increased in the week. 81 l29.0l9 and
oals'st stands at S232, ll9.'tSS. ,,
now sTraasury received in the week 81 i33,3o3
Ice Ircee,ionsI bank notes for redemption. To Sc
IN Na,io. ,i'on,sorsI bank note circulation IL now
cure SEQ ZOO in bonds. as follows:
.,cv sr3s"o." ~" o.o
Yivs p'r cents, dn. Of iSo5 ............. s7ea55ao
rsur r cents of 19o7 ia o., G,n
-Four ~ - 3~oG'p
Two states bonds deposited for circulation
tnne .nc week S226 $50: withdrawn. S615.oOo
d,ul"s d,u,n.sl bark note circulation outstanding
NansnS Nnsnrr s22S5 914; gold notes SS66i1. The
curren,y,, holds Sl9S1S.3St legal-tender money
!ress"u.Somption Of surrendered circulation,
for .,,sr SI6S76O O33 week ago
aean.n,ored is saturdays Treasury statement.
.s.snsred su,,rd with that of January .:
Jan. .. Jar. o. Changes.
Go,t co'n ara .vs
nn es' $751; 3l6Sls si3s ESQ. .5l9 Inc. 81. 1863 91G
I. s.notss 5 n9ss 7oGcSsl7 e2.59ioc6 Dec sOs7sli
Silver dollars lars ana ana
sls,a: sSlns: ''s ~ 1897 7Ss l7a6i5ao Dec l5esiiS
., Treas s2ae 25oS s2ls 6sa lis Dec IS $50 iss
p:Posiii' nanss' m 1e1saI5a l5o4s 4aa Dec 2ioeeo
..,,,.,. cash s24sosl 7M s2345siso COS Dec ss4ao1,a
psdps 1s,,, nnn'' l47lis72 2ise go Dec l297ei92
.,,,, cash bal sos s7e $3.50 4i9sss Inc s42e
THE MONETARY SITUATION.
The local money market was easy January
a;shursements causing lower rates in call money
end A somewha. more active time money and
aomn,ercial pape- ma rl<e; Money on call repre-
senting bankers balances ruled at li2gZ per
.snt with banks and trust companies quoting
. nov cent the minimum Tine money was more
trssiy offered. rates ruling at ~ per cent for
sirty DAYS 3a3i. per cen; for three months. and
slG4 per CEN for longer periods. Commercial
nensr rates Wer.. 3loHi per cent for the best
names for all periods and above for paper not SO
well known a fair amount of paper was on the
market and the demand was good from all the
hanks al the end of the week. In London call
roney was higher at ois per cent. With open
~srket discounts for short and long bills :'is n
3. per cent. The B1nis Of Englands minimum
7e Of discount remained unchanged al \ per
cent. In Paris the open market rate was per
cent and in Berlin and Frankfort 3AM3as per
cent The Bank of England gained 1852 l9,
bullion in the week. and held at the close f34, =
jlS092.
The foreign exchange market was easy until
Tuesday afternoon, when il recovered rapidly
and continued firm the rest of the week. demand
sterling advancing sal per cent from its low
est figure Of the week. The legitimate demand
for exchange was not materially heavier in the
week but there were evidences Of manipulation
IN the advance in rates and the difference be-
tween local and foreign money rates was again a
factor in the market. Long sterling which ma
iured was renewed in many instances and tho
long bills which were offered for sale were rapid
~ absorbed Renewing investments in lorg ster-
ling reflected the belief that money rates here
would continue 10 rule low. while those in Lon
don would advance again. open market dis
counts closing the week at 81. per cent against
e7s al the first of the year The market closed
steady with posted sterling at 4Sii204S1 and
4S1iGi IS for long and short bills respectively
Rates for actual business closed as follows: