The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-02-07

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now have In their vaults less than ss5.-
600 600 Idle cash as against S5i, 800 900 one
year ago, and 3iO,OOo,Opo two years ago.
Clearly, The banking situation, as re-,
grads demand. might be great deal
worse. Even concedlng that special
operations account In some part for the
margin for legitimate commercial needle
ehown In the currcnt statements from
week TO week. @
days was S7,99i, 100. which Is pratty even-
ly distributed among eight or ten Lead
Ing banks. one institution only showing
u more than ordinary decrease. The ex-
nanAon In deposits was Sil,3i3,t00, and
the banks gained In cash s2,00S0e0. The
loan increase and the cash addition do
not account for the depnslt growth. the
discrepancy amounting TO sl,3i3.0o0 but
this Ia due perhaps to the confusing sys-
TEN OF averages employed IN making
the statement. The expansion In de-
posits can be traced through n larger
numberof banks than usual, the Nation-
al Park leading with over $4,000, 900. 600 to
Its credit. The netdeposltsot thisoncl In
stitutlon are now In excess OF $4,000, 0C0.
The banks are still gaining heavily in
cash from the Interior, although domes-
Tic exchange at important centres shows
decided Weakness US compared with two
weeks ago. rejecting. It isEto be pre-
sumed the cessation OF interest remit
tances to New York. The payment Of
several millions OF Union Pacific de-
poslts into the treasury has had no ap-
probable effect on the market, but It Is
to be noted that the excess reserve OF the
banks is down sS27,S25, and with any
thing Ike q continued showing such as
made In the current statement, rates will
probably be steadIer In tone. Anything
more than moderately firm basis how
ever, seems out OF the question for con-
siderable period. The reserve invest
ments by American interests abroad are
In the nature OF a safety valve to check
sudden fluctuations upward.
BONDS AND STOCK QUOTATIONS.
u, S. new Is reg 1854 Ore. n. & Nav. 5.:alit
DO eoupon..... leSH Pittsburgh .....iGS
U. s. 1S.......... llSh Iltea1ing 1900. .23s
do Coupon......l liS Rock IFlnnd.... 9SI
do EDS. ""......lCO lSt. Paul......... gBhs
U. s.. IS res......ll2is do preferred. .ll5is
do 5s coupon. ll3i. st. p. & Omaha. f6A
Pacific Is OF 's5..lG do preferred. lt5
AtchiSon ........ 1871. Southern Plc... 20
DO preferred. 3l3s Texas Il Pao... 1iTs
Bal. & Ohio...... liza Union Pac!tic... 2i75
Can. Paclflc..... STts Wabash ......... III
Can. Southern. 49,. do preferred. 1917
Central Pacific. II lWheel'g & J.. L. as
Chcs. d Ohlo.... 2ih do preferred. 12i.
Chi, d Alton... 1865 Adams EXprcEs.1Gj
Chi. Bur. e @. .lOl& american Tx. .ll9
c. C. C. C st. l.. 46A ~. S. Express. a2
do preferred. !. 50 Wells Fargo. III
Del. Il Hudson. .ll3is Am. Splr!ts..... 50
Del, Lack. IL W.l5Si. do preferred. 81 !,
Den. & Rio ca. 10 Am. Tobacco... S9tisa
do preferred. SOS DO preferred. ia
Erie (new)....... 1G Peoples Cas-. aSia
do first pre-. ilS Col. i. C Iron.. 2T;l
Fort Wayne..... .lG9H do preferred. 20
Illinois Central. .iGGi. Gen. Electric. i. 3gHi
Lake Erie &: w. 177s Illinois Steel.... 52't
do preferred. 73H Lead ............ 3i5i
Lake Shore. 1872 do preferred. Jos
Lou. & Nash.... 591: Pacific Afail..... 52i
Mich. Central. IL? Pullman Pal. .lIpis
Mo. Pactic....... 3t9s Silver Cer....... 56iA
n. ]. Central.... 959 Sugar ............1 1897
n. Y. Central. .llSk do preferred. .ll3
Northwestern ..l2.A Tenn. Coal & I. 2jii
do preferred. .16aia U. s. LEATHER. Ts
Northern Pac... ~ do preferred. Gj&
do preferred. 6SB Western Union. a29s