Omaha daily bee., 1897-06-27

to a per cent or over were shown by baltimore
s Ohio. colorado Fuel 81 per cent. Consolidated
cent: F]it,sburr. Cincinnati. CRiSago 4 St Louis
preferred and 81. Louis 3 San Francisco my
The bond market shared In the general buoy
ancy which perweatei the security market dur
htsitanyy - values which deNelopei at intervals
tn the stock market. Trading w5S IN large volume
ana eNeeueniy distributed Purchases ny opera
domestic demand for the low grade mcrteaEes
was regarded with considerable favor 10y
ne leading interests The SEErcEate sales NJ
S~9.sO2.o,A The principal advances We're; Ms
s.sri Pacific collateral Be-, ~ per cent louis
vile * New Albany conspls Is and PEORIA Pc
catur & Evansville hrsts. Ia Ior cent. Dallas
4 Waco as. Bile seconds. Norfolk & southern
IS. Peoria, Decatur q Evansville hrsts and
Central Pacific seconds. I per cent or over.
Edison Electric nrsts and brooklyn. Delaware
q. Hudson hrsts, Pennsyivauit division. Fort
Worth q Denver CITY first trust receipts and
Oregon short Line incomes b. . yer cent OF
over; Peoria * Eastern lrsts, inlianauolis De
catur & Western trsts. LshiEh * Wilkcsbarrc
.s, Hooking Valley trust receipts. oregon Short
Rio Grandc nrs,s, International x Great North
ern thirds. Kansas Pacific cunSlls, Missouri Pa
cine consoiS ,Susgueharua 4 Western IS, Sus-
hcnture. Toledo. Peoria & Western and Duluth.
South shore q Atlantic frsts. ; DOR cent or over.
Government bonds ruled strong throughout and
sustained general fractional improvements. The
TIE New YORK FInancler this week says: The
statement ~ the associated banks OF New YORK.
FOR the week ending June %. is favorable in
|r t-A as Nt" sH"H A'A AA ANhI|N - AHUttI 2
but despite the drain OF cash to Europe and
the employment 90 funds in other directions,
IDLE money Is St.ll aCCumulutiuE in New York.
The total surplus cash o. now close to $50 900 100
an Increase Of about 100000 In the last month.
In the same time l0ars have expanded no less
M1n sI.-|5N "al.' deposits nave increased
nearly -',op0,ooo This Is an eKtraprdinary
movement. That there f. some relief in store
Tor this CouEtstel condition. the statement
clearly indicates. or the Increase Of 80 $50. 500 in
loaps reported, the gain was made by no loss
than forty-two Of the ~siNty-siN banks and de-
post increases were evenly distributed Two
OF the hanks-the Western National and the
Fourth Nationai-appeHr to have been respon-
slble for uuC-half u the Increase In loans. hut
the remainder has gone to swell the Increase
Of the remaining banks. An encouraging fca-
ture Of the situation. not shown in the state
ment. Is the fact that the banks are doing n
largely increased business in commercial paper,
a canvass Of some Of the Institutions showing
that the greater part Of their new loans were
by many Of the banks in larger volume ana
preparations are being made for a heavy demand
in anticipation OF excellent crops Nothing but
unfayorable weather has delayed this up to the
present. Ag was pointed out In this analysis
last week, loans are approaching a record-brcak-
anything ever known in the history Of the clear
ing house. The money now flowing to New
York is said to be from the larger banking
centers rather than from smaller places. The
other items Of the statement are In keeping
with tho increase reported. although the deposit
totals seem smaller tlan other changes call for.
The withdrawal OF legal tenders for gold export
purposes the latter part OF the week are not
shown in the statement.
The following were the closing quotations on
the leading stocks Of the New York exchange
today: