The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-09-12

other railroads, was the most substan-
tial encouragement TO the buying.
The Financial Chronicle estimates the
total increase for August for thirty
eight roads, reporting gains in excess OF
$50, 900, al 81, 869, go. The hope that the
strike of soft coal miners was near to
a settlement was an encouraging factor,
as we'll as the good prospects reported
in the trade reviews.
The yellow fever had a somewhat de-
pressing influence on southern railways.
Louisville declined Is per cent during
the week. The grangers led the ad-
vance, with st. Paul, Rock Island and
Omaha most conspicuous. Gains OF to
points are shown by many stocks.
Consolidated Gas Is up 10 points and
Brooklyn Union Gas IL IL per cent. The
coalers, Missouri Pacific and Wabash
show losses.
BONDS.
The Atchison issues WE'RE the most ac-
tive in the bond market. Activity and
strnegth was also shown by the North
ern Pacific bonds, Fort Worth and Den
yer first, Colorado Midland, T. r, Erie
general threes, Kansas Pacific consols.
Fort Worth and Rio Grande f1rsts. and
New York S. and W. general mortgage.
Government bonds are IA to 5-S per
cent higher. Total bond sales SHOPS, 100.
New fours registered and coupon 126;
1ves registered and coupon ia IA; tours
registered Ill rs, coupon 113 IL; twos
registered 9s; Pacific skies Of '9s, 102.
LOANS AND EXCHANGE.
New York, Sept. 11.-Money on calf
1ominally 11-401 IL per cent; prime
mercantile paper 3 3-414 per cent; sterl-
ing exchange easy with actual business
in bankers bills at 81 s. S-4G4.S6 for de-
mand and at 81 SO 1-264. SO 3-4 for sixty
days. Posted rates 81 S494.8 50 IL and
s.. SO 1-2@i. 81 ID. Commercial bills
81. 80 I-2G4 50 "a. Bar silver so cents.
Mexican dollars 40 ga. Silver certificates
! "a 1-2Gc55 IL.
THE BANK STATEMENT.
New York. Sept 1.-THE weekly bank
statement shows the following changes:
! Surplus reserve, DECREASE N,445, 325;
loans, increase 1885,, 500; specie. decrease
! $3.50. 700: legal tenders. decrease S,07S,-
/ 600; dposits. increase 1890, 500; circulation,
in.rease s2S6, 300. The banks now hold
! SIG. Sos, S25 in excess Of legal require
ments.
New York, Sepa. 1.-THE Financier
says:
The full effect Of the currency ship
| mentss 10 the interior are shown by the
returns Of the associated banks OF New
! York City for the week ending Septem-
Der II The loan increase amounts 10
1885,. 500. the decrease in cash TO s7,347,-
700. and the loss in reserve 10 ,325,
! while deposits expanded only 9o,5oO,
showing that the money obtained by
| loans does not constitute bank credit
| IN the form Of a deposit, as usual. In
| ether words. II the statement is TO be
relied on. the funds have gone 70 the
| interior 10 move the crops. In New York
| the commercial paper market mas been
quite active and stock exchange require
| ments have made a continuous demand
| for call money.
At this time last year call money be
gan 10 go up as the banks withdrew
from the loan market. but there does not
seem 20 be the slightes; probability thai
I the supply will not be sufficient for al
demands until the end OF the year.
As the flow o; money 20 the west hat
not yet ceased. the chances are ina
New York banks within the mex few
DAYS will report over half their reserve:
in gold The government is rapidly ap
preaching the same condition, owing L
revenue deficiency and increasing golc
supply Il is worth noting, however
that The note circulation OF the New
York banks is Interesting, for the frs
time since election. Specie may b
forced into actual circulation soon.
WEEKS EXPORTS AND IMPORTS.
New York, Sept 1.-The exports o
specie from the port OF New York 70
the week amounted 20 $1,000 in gold ana
500, sol in silver The imports for III
week were: Gold sl0l,626; silver Sl9.SSl
dry goods 81, 05S. go; general merchandis
s4.4l6,542