The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-13

loans sl2.OOO,0Oo The banks have been
gaining cash from the interior for a
number OF weeks past, but che effect, for
the reasons Just set forth, have been
greatly mlnlmlzed. The rapid expansion
IN deposits requires each week a heavier
reserve, and the operations Of the past
six days have resulted in q decrease in
the surplus cash tn banks OF 1925, b25,
bringing che excess reserve TO SlS,sS7,-
l25, the lowest since October l6 last, That
the changes noted are OF a special char
acter Is also shown in the item OF cash,
the loss for the week having been ST.
0l2700. This shrlnkage can be traced 20
several large institutions. one OF which
has probably decreased its cash through
the payment OF the sugar dividend.
There will be more or less shifting OF
funds as the fret of the year APP
breaches, in anticipation Of the heavy
dividend payments and another install
ment OF the Union Pacific money is due
at that time. The effect Will be TO make
material changes in forthcoming bank
statements, bur with the supply or
available funds In sight and the credits
held abroad, there does not seem 10 be
much chance for anything like perma-
nently higher level for money rates, The
governments payment or maturing
bonds the first of the year VIII release a
great deal of money now locked In bank
vaults as special deposits.
Evening Posts London financial ca
blegram;
The stock markets here were quiet to-
day, but with rather a better tone, ow-
Ing to the smoothness OF the mining car
ry-over and lighter contangoes than had
been expected,
1t is anticipated that the general set
Element next week will show a small
account, but money win be dearer
Americans were easier on realization
here In anticipation of the settlement,
Copper shares were dull but steadier
BONDS AND Stock QUOTATIONS
U, s. new As reg 1855 Ore. II. g. Nav. 50
do eoupon...,, 1883 Pittsburgh .,".,i&
u. s. As. .,.....,., ll2a, Reading .,....,.. q
do coupop.,,...lliA Rock lsland... Vls
do Eds, .,...,,,, 70 81, Pau1....,,.,. VAS
y. S. IS reg,....i lIsS do preferred. ,li2
do 50 coupon, .llies st. Il. a; Omaha. ll5R
Pacific 6s OF 'Sj. .lO2es do preferred 'l5l
Atchlson ,....,. l27s Southern Pac.,. 20lA
do preferred. 1914 Texas Il Pac,,.. ll9i
Bal. Il Ohio go. 1871 Union Pacific. 2iN
Can. Paciiic,,,., 500 Wabash .,..,"., "a
Ndlls E0OulntTIs.s ubia w pltltllNha- &c =
Central Pacific. lOA Wheel'g a. L. h.
Ches. * Ohio. 80. 22la do preferred. 10
Chi. & Alton 62 Adams Express. lug
Chi, Bur. & o.. rs American Elk" .ll5
Z. G, c. a. St. l.. S5i IN. S. Express. 10
do preferred. SO Wells Fargo. III
Del. & Hudson. .lOSA Am. Splritsn,., 8
Dol, Lack n w. ljl1a do preferred. -
Den q Rio c.. ii lam. Tobacco. s.
do preferred. 45 do preferred, .ll2
Erie new 49,. liih Peoples Cas-. 96
do preferred. 1924 Col. T.. y Iron. US
Fort Wayne. 10 do preferred. 10
Illinois Central. .l03 Gen. Electric, %
Lake Erie d W. II Illinois Stecl... a
do preferred. I0h Lead ...:.",.;.. aSi
Lake Shore. ..,,.lI3 do preferred. .lO1
Lou. g. Nash. -. 57T Pacific Mall..,,. S0li
Mich. Central,,lN Pullman Pal,..ll2lg
Mo, PaclHc,,,,,,, 90 Silver Cer.....,. ~.
n. j. Central.... SIN Sugar ....".....l42st
n. Y. Central :, .lOiA do preferred. .llit.
Northwestern ..l2Qls Tenn. CoalN& ]. 255t
do preferred. .lGi u. S. Leather. az
Northern Pac.... 2Oh do preferred. 6Sfs
do preferred. 5Sia Western Union. 10