The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-10-02
BOSTON STOCK
ASSOCIATED BANKS STATEMENT.

NEW YORK, Oct 1.-The Financier says:
The New York bank statement for the current
week is an argument in favor of lower money
rates The excess reserve is practically
the same as reported for the corresponding
week during two previous years The opera
tions with the treasury on bond account are
nearing end, the demand from the interior
is very light and the bank reserves are
being replenished by imported gold now arriv-
ing there seems be no reason for further
fear s a s to loans repered for the week is
due in part TO the efforts OF banks 70 increase
reserves, but aside from that the liquidation
due to stock exchange operations has been
considerable The increase of $685. soc In
specie was brought about principally by re
gold arrived late in the week from California
probably representing or anticipating Aus
tralian imports. The gold receipts, of course.
sweiled the deposits and the increase of 1914,
900 in that item is the first reported in five
The 60nds IS @ Specie end
have decreased since July "A about t2, 900 o0e;
loans have fallen off So dSo goo; bank deposits
POSTS s3S 750, 600. This will serve to show what
effects payments into the treasury on bond &C
count have had in the last nine or ten weeks,
FOR very little of the total Of decreased bank
balances has gone to interior banks; since
TuIy IA and counting to the end of the week
insf ELAPSED the circulation of New York ma
tional banks has increased at least 81, 900 700,
principally on new per cent Doho s. tb trea
ury from this time on Will release large sums
of money. The outlook favors decline IN
tn+arest rates to a level reported before the
bond payments began 10 disturb the markets
LONDON MARKET.
NEW YORK, Oct 1.-The Evening Posts
London financial cablegram says: The stock
markets. here were lfeless to-day, except
on the monthly statement showing a big saw
ing in working expenses
Americans were dull on the New York lead.
Tnvestment stocks were better cheaper
money There are faint indications of re-
vival of public interest In Americans Whether
1t will develop depends entirely on politics.
The London market discount rate IS "a per
cent. The supply OF bills presented for dis
count is scarce, which causes ease In time
money. d,er
Canadian Pacific, ssh; Grand Trunk. TX; Bar
silver Quiet, IS 3-i6d; Money, 2hG2% per cent.
NEW YORK GRAIN AND PRODUCE.
NEW YORK. Oct -FLoUR-,seceipts,
s,1s1 barrels; exports, $1,000 barrels. Market
dull and easy with Wheat.
WHEAT-Receipts 2s2 1876 bushels: exports,
PSI. 4s5 bushels Spot weak; No. red, 73073tzc
f. o. b. ahoat. Options opened easy under for
eiRn offerings and were depressed all forenoon
by big spring Wheat receipts, light export
interests and liquidation; closed HQ%c lower.
No 2 red May 81 13-16cG6S 3-16c. closed 67bc
METALS-Dull and unchanged. The Metal
Exchange issues no report on Saturday. Brok-
IEAD~s3 s21z.
|! COPPER-SI2.
| COFFEE-Spot closed steady and unchanged
to points lower.
/ SUGAR-Raw dull and nominally lower; fair
refining. csc; centrifugal, 90 test, &c; refined
weak and lower; mold A, 5kc; standard A,
SIC: confectioners' A. 51c; cut loaf, 5ssc
| crushed 69sc; powdered, sac; granulated, SIC;
cubes, sac.
BUTTEP-Receipts 1921 packages STEADY;
Western creamery, 1514q2o1kc; Elgns, 2ohc;
EGG EGGs-Receipts. 712o packages Western,
| 17tc.
DRIED FRI1YT
NEW YORK, Oct. 1-California Dried
EVAPORATED APPLEs-common. s6sc:
prime wire tray. S5ec; choice, &c; fancy 915c
PRUNES-4GSkc.
| APRICoTsE Royal u91sc Moorpark 12atsc.
PEACHES-Unpeeled. 1890; peeled, l29i5c