New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-12-02
FINANCIAL RECORD
HERE HER and ABROAD
offerings of Bonds Well
Oa ,thsorbed-Call Loans
At 4 Per Cent.

l;,, broadened a little yes
Bono u :.S the total business about
nfday, wiz. Ssv before and prices little
,s on the T ne: were freer offerings in
,hsagee, hut these were readily
few Thou. any important disturb
sksn ,bs prevailing level OF quota
srse o. v W. for market purposes were
aons III loans being generally made
-. per cent. bonds are being
open 80 successfully that an
c0ne..,ssSp is expected soon Oh an ek,
aOHnss'o n similar privileges 70 nsteu
ishSen Pseovery abroad, where the
sioeSS .ssets of hostilities are being
actual s--..,rrallv slower than in this
islt there is reason still for pro-
sounu' ..utiously. Opening the hoor
tsethg mess now done at the clear
70 '' s.use Of the exchange should
irg '. ~ unsettlement among loaning
sr.e q and with so broad a list
irsil,lIvst prices as good as the last
csil.oSS bssore open trading ceased IN
tso'oss fair field for business
S.slo V Gas some speculative activity
lns.' ,rartion obligations yesterday
ISens ION srsnd upward. Southern Pa
sih n.eytible IS. which were put out
o. IT, sumner and have not yet
~ s sS placed with the investing
~ ~" MOVE offered in considerable
I;,s, s hut the net decline was only a
no, no, AT the opening price changes
iD sIght. small losses being fairly
ss's n snong the more active bonds.
gsaa',, mat appeared in the trading for
s's e., time since reopening were
~ a., ~ line with those previously
s ,'s IN Imperial japanese first 4s
s - hands at an advance ana
S 10y .ates registered IS were little
un.'S ,oint down from the prices OF
before the war. - Loou;or
-. 10 the Sub-Treasury. OF the
l,;sMo 0OO which il is expected to
s .;'. 4, the act recently passed a large
' ,,,, will be met 1T this city Az
r .'sss,t however. so great is the sur
r. u financial institutions here above
~ Y.s.- - reouirements that payment OF
~ s. sr.s,se fees already due should not
!. s.it Clearing House institutions
t.vs retired the last Of the Sl24,OOO,-
s ss' - loan certificates issued between
.srlv in August and the middle OF Oc.
,.bs, With so large an amount OF
s.,Ss lacked I'D in loans on Stock Ex-
.Isrre collateral many local institu-
sens we're obliged 10 take out Clear
:, uousa certificates so as 10 meet
ne needs Of their commercial custom
~ How well they fulfilled this duty
~ business record of the last four
uonths will tell. -,
Monetary conditions here will ap-
rrently be easy for some time TO come,
sd he call loan rate that reached a
Nv cent Yesterday is expected TO go
sTsr Tine loans on collateral and
u.es for commercial paper were prac-
snIy unchanged. The foreign ex-
asnee market was dull, with sterling
r,tes about as on the day before. An
,lysnee in exchange on Germany ana
lystria was ascribed TO selling OF
hsrds for foreign account
Exports for last month, according 70
v,instes from Washington, will prob
,bly Be s7O.0O0,00O greater than i'm
wrts. favorable trade balance OF
w-s $4,000 above that for Octo-
Sr From this port exports last week,
v,a about s2,50O,0O0 lower than the
rss preceding, were practically the
ass amount better than for 1913.
AgsiA. shipments to Great Britain were
L. than for the previous week, and
Eiss. vas sent out in smaller volume.
Tie excellent demand for short term
&igations has resulted in an issue
4 $4,000. 900 Lake Shore notes. They
III six and nine months and bear .
~ cent interest. The issue, 1t Is un-
.srsioOd, will be offered privately.