Show STOGK DEALS SMALL J Confined to Handful of Professional Pro-fessional Traders NO OUTSIDE RESPONSE CAME t 11 Banks Show Small Increase and Loans Expanded I Money Market Takes on Strong Tone Since Governments Plan to Increase In-crease Deposits Now York Aug 2 No significance can t bo attached to todays small dealings In stock by n handful of professional room traders Very few prominent stocks covered cov-ered an extreme range oC as much nt a 1 point and the market fluctuated uncertainly uncertain-ly 1 In the interval There vcr n few r advances at the opening which may hao been duo to the contradiction of the firM ports that the United Stales viceconsul at Beirut had been murdered No outsld1 response came to this movement move-ment and the traderd sold tho market off that the hank on an early depression Ihlt tl i statement would not be as good as the forecasts Indicated As a poor bank fltalcnvni was folltwed by hardening In the market duo to covering by early hon sellers and the market core firm but practically lifeless and at a level HllghOy higher than last night I hI banks show an Increase In cash oCd oC-d only S1O3PD whcio a pain ot upwards 11 the loan and of J2000000 vas expected account was again evpanded to the extent ex-tent of upVirds of 5000100 This ion telt urmlg Increase In reality Is a moanurc oil tho Inactivity lncrcull In-activity of rcal money marker as It la I Hurposrxl to tH dm to the putting out at unrimunirallvc call loin rates by the i llrmunIatc fUll deposited by Oia trust companies to tako adxunlago ottho rate pild by the bank on dfpoults besides this sentiment on the money Ihl llmlJl LCh1IS t outlook 118 taken on a tono of of the announcement tlnci tne unno llerent assuranc tiC DSlraJ Sierr Ury < of the Treasurys iIan to Jn liovtrnmcnl JII deposits ulth lie I crcas Irosi lowrl111I lnlS bank to the iXtnt of 510W0050 1 1 nccc lJks rill plan eoinos In for a l ood dfal taf of I discussion In Wai street by reu dral Hon ft new contentions Involved that in fl1 if distinguished in urnjl I rvimu receipt H It < 16tnCI Irna bookkeplng may be transferred to th limkH even though I they have been VfcelMtl by the Tivisury Jilthcrlo 1 lul < jrnil nxemie receipts have 1llwrt for deposit In hem considered available cr the were the bank only as payments made But the knowledge of resource In reserve for the money market overrides olh r eonilderatloiiH cOIihlrton The stock market Ins com to a aUind sllll this week and toward the lattr 1 part 8tl ill week the daily aggrcyau of deal IngM nc fallen to a lower llgure than on any full days trading since the summer alY of II ul This Is 1 trading IC part due to tho Interest unions members of the exchange bclns divided to the yacht racrs and lo the law number ot belated vacations among tho inenibern The I usual summer outings have been j > recnted hitherto bj tho troubled suite I of the jilock market and more than once thI has beoti a hat recall 10 tho strcot to face a orlals With tho completion of Hi ut long 11 process of liquidation ami tho closing up of tho resulting rpeculatlv jc tloslnl 1 nnrlot has i counts on the Miori slue tne man < and come to a rtate of stable rqulllbnntn coml Is left to the devices of a set of small traders on the floor I tf1krs linlly lluciualloriH whlcn reach as much 11 f point i In only a few stocks represent the efforts of this element lo move prices and the profits they reap or the losses they miffiM are nt ouch others expense Tlu offering tone of price falls to Induce uny frrsh liquidation and met by suffl IQlthln tln 1IY the de clfnt BUppoithiK or en to arrest tlf chIna and Intimidate the bears Buying of a few lots of stocks result iTJ but there Is no out In n rise of prices 11 10 Olt side demand to talC them off tin hands IL the n11 iipcculntors ind prices shli back when they attempt to realize prolltH The news o the market connlsts of Kosnlp and f surmise as to what large I amount of traders c arr dependent on their agllUv top t-op trlhf < at the exninso of their ellen playcrf The small business warrants the as fil 1 Bitmptlon that the Important banking and Jlnnnclil interests are doing nothing In thf market Pending tho outcome of the market a the money fall demands upon thl 110 quiet condition of tho stock market Is eatltfactory to the business world In gen Bnttfadory last week of August last I York bank rc > enr the drain upon New KorveK II had already set In ant by the middle mid-dle ot September thty had fallen below I 111 HU level 1 acquirement so that the oanks hud to report a deficit of upwards of p million dollars In spite of n sudden and draslh loan contraction The prccedrnt of last years nev r fx I perkncf has been conauinly In mind this year and has ben 4he motive for a cau tlou and connorvallve source whlrh is I beginning1 to torm tao basis for hopefulness hopeful-ness thit tim comhiET demands will bo comfortably let Th uruil tllk t ii 1 heard in some quarters rv the Western banking institutions are HO veil fortified that the needs for cur unr to move the reps may Iw 1 iret out 100 of < their own reserves without oalllnpr unon E ictorn hunks It h I polnlod u om that u home tin Vo ivjipni tern S banuc even in tile lienrt 01 f bflt ar now lending money at this icn bll and 11 ire freer buyrs of mercantile pip T IUTO than tIme No iork banks I thrri UPS I But experience hog that v litlnr rvoure of Western banks are I lomciJ hero n dlnctly or by tin local btnkH I vtlili 1 t 1uve l them on dero > I the result of th f 4l drmand for onsh hi 1 ll snine Thi 1 IntinegH of the corn und ciii tonI ton-I cro nri fxriclntl to cause possible delay dcmund hut Itf pioporllanfl In 111 InVrlor d llUlo I plllrtQnl 1 ur niTilly cxiiected to equal those of 4 firri r > cures In other resp lcU condl t ii ire materially altered from thuS of IU t yT THO < rL Ills were Inilntod to sunlaln prl A or iscurItlns nl an unstable height Not iiil > > domovtle resources but enoviRh foiicm borrowings were employed for frII tn jurpo and foreign l credItors beau to call homo their li > ant In thu very crisis of Mir full ddmand fv > 1 money Thi stock mnrket baa gone through a drstlr llqiildallon und the forelun bor J uIS of our caplthllBts have been re dii < iJ l to tin eionnoiu xlnc Tl c re la no CPRr of an Inwnnl movement 11 jv of n Riipl i AH HOI AM the outward low of c rlll i iwglni to mukv exchange Ihiring tln jmst week exchange bills have made their appearRiieo In time mnr krt In anticipation or the forthcoming Biijily from crop movcmont and foreign buk have also been lenders of inonoy on time to an Important extent In this in irkit The Inn tone of tho time money market and tho high rates for prima mercantile mer-cantile pap r rp sufficient evidence that cnntlt p nu > nc > is not la abundant supply und thnt care and conservatism Is exercised in ending it Coniidence la I expressed among bankers that legitimate requirements for trade and commerce may bJ met without trouble trou-ble Ileanwhl capital holds aloof from committment to cipltal forms as indicated > y tbo failure of the bond subscription ilan of the consolidated Lake Superior company Reports are numerous of Efforts Ef-forts by various Industrial corporations to obtain temporary loans The market has Ignored all dovolop meats of whatever character Favorable railroad earnings Including KrloB I strong annual earlnr largo current railroad traffic favorable crop news a rise In 1 vcr and copper CNI some foreign demand de-mand for stocks on tho one hand and the threatened embroilment over tho supposed viceconsul murder of the Unlvoil States lcel In Turkey have been erjually without effect Bonds have shared I In the I dullness of the Block market UnitMi States old Vn and the 2j advanced V 1 per cent and the In 1 cent new Is registered declined per c < storlt 111 call of as compared with the closing C laM week XEW YORK BOND LIST U S ref 2s rog0ni Rock Island 79 coupon reI 10Gi U S Steel 1 70 N unl 4s OSV U S 3s reg l0 L l coupon iVn Mox Cent Is 73 TJ S new Is rcgl5i 1st Inc 107 coupon 1W Minim tl L Is 07 U S ll is reSr M K TIS coulon lCi 2nd jS U S 5s reg Ir4 N Y C jcemi 3Ihs t5 H coupon 10n X J C gen 5s1Zi Atchison son Is r1y X P Is lOi 90 a 7 afijust4s 9 B 0 4s 1 N y con Is i 3 s 91 Reading Icn 4s 1 con I f3C St L 1 M con Can So 211s10 rs lIt Cent or Ga l0I S L S F Is 1st inc it Sl T Southwest Cues 0 Rs 10 1NI 3 Chi A 31s 1 734 2mils C 13 lll Cw Is 2 S Antonio A C M t P gen Pass Is 19 103 SP9 8 Chi Northwest So Rv l nW 13O T 1 eon Ta 31 C H J f r 4 MIC 101 StLV4s 1 71 C C I UPIM hn hi ft t5 conY 15 11 nbusht lsls lHI4 Chi lerm I jt abl Cole 50 4 s I Ud3 103 Goll D R G is S IIh B X Erie prior lien West ShorC3 11O < ls l IG YL W I Vi I Sn 90 F Worlh 1 1iii ia Cent 18 S 5j City hit I 10 Coot fob 1 aley 1 Cob Fuel 71 CIOSIXG STOCK Sales High Iow Clmo Atchison 1S GI I 1 ii c soo W i 10 preferred 60 9 Bait Ohio 1700 S3A S2V S3 Canadian preferred Pac 1j 127t IWi 127V 159 Central of N J Centrl Cbes Ohio lW 34Vj 31 22 ICO 22 2 Chi Alton 10 To 1 preferred Chi t Great West 200 16s IG L 1rJi t B preferred Chi Northwest 5fl m 1C7 1C6 t 11 Chi Term T 1 preferred 71 C cCStI 71i Hw iL 11L 11 Colorado i So iw iivs IT i 1st preferred 300 32Ti 62 t2V = 2nd preferred I Del I Hudson irl 1 I Del L West 23 2I ½ Den Rio G Ih d lh preferred Erie 02W SOU 2 > vi MU 1st preferred T5 > C7t G 6 2nd preferred tWO l2r 52fc Wi ICo Great North pfd Illinois Iowa Central Central 000 t 133A IS 3 preferred 3Sb K C Southern 22 ½ Suther 100 3 t ffi ½ 3Ji b Louis Nash GOO 105U HI 4 105i Manhatlnn L W 13513 175 Met Ilnhalnn Uy 100 114 111 114 < Minn L St L i Missouri Pac IO ml 91 t tssourl Texas 100 vOi Mi l < n preferred 100 42 ½ 42 ½ 12 41 I N R R of Mcx pfd N Y Central MO 122 121 121 ½ Centrl est C j C3i M CJ orol 57 preferred prertrred Ontario Weal 4CO 23H 23 23 Pennsylvania 110J121 ½ IWi 124 i PCCStL G Heading 10000 CCt Gt B5i TSj 1st preferred 2nd preferred liS Rock Island Co COJ 2Si 27 2 preferred St L S FIst pfd irj I irnd preferred MSt M-St L Southwest 0 13ii 151 i 13i preferred f 91 i St Paul lr c0 r 3l2 > < i 14lVi 112 172 Southern preferred Pac 10 4fJi 45li 45 j Southern lly SOt 223I 22 ½ 2 preferred J O t iSvu 1 JrCerrcd Pao VJ 201 SG 20 > i lcxn L Weal 20 d 27 preferred Union < Pnc 13J 7oVr 44 7 I Sll preferred preCcrrlL 21V L Vabath SCO SO 3 < 1 3ofe preferred = pr 20 < feret Krie 100 17 17 17 WIs 1 Central re 13 i preferred 40 I Uxpress l Cos 2 Adnms > Aellm i lW > American Unltftd Stales ltd nnld Fargo 2iJ Wells larlo 2 Miscellaneous Amalg tceuneUI 15000 fiDfc 41 < > > Anur Cnr P 6 t1 = 2 Y preferred fc Linseed Oil 9 ½ Amm llsecll 01 30 prefened Amor Loco 200 lOVi 10U 10 V preferred 1000 1Y 8 S14 Amor Sin Ref 4lv l fef Jllr VPA preferred ol Ainet < SUgar Ref liO llfiVi HOW lG1 I r condl Star r Co 100 8 g SO Brooklyn R T 401 Colo F Jfc Iron 200 Gl 1 53 t3 11 C Hock Coal ICO 15i 151 1U Cons Gas 4 0 ITS 17S 17S General Electric 1G3 I Intcrnl ElectTo 13U preferred XS < Jnt rnl Pump 25 preferred 70 Nullnnal Lead 1SV North American 77Vs Pac Mall 21 Peoples Gas lIij W WV Pressed Steel Car 42 preferred Si Pullman Pal CAr 21S Republic Steel 100 Ui 11U 1H prortrrad JKO CG Gi KT RLtb Goods IfO 19 17 10 preferred 73V4 T nu C Iron ICO 43 43 43 U S Leather 7 preferred SI U S Rubber 100 J3 ½ < 13 > i 13 preferred 100 12 I 12 I 11 ½ U S Steel 2COO 23 22 t 22vn preferred 2000 71 7051 70Vi Western Union S3 t Total sales for the day 125400 shares Weekly Bank Statement New York Aug 2JTh statement of averages of tho clearing house banks of this city for the week shows 701111 923111KO Increase IVjro Deposits MOlSSOfO Incicntn CClUCXt Circulation 13051ICO I Decrease IDCM t Legal tendoN u TollCOD Increase SWCO Specie 1H307000 Increase SI70 Reserve L5070 000 Increase lailOO Reserve required 2500 0075 Increase lriSi475 Surpluu 20ti77fi20 350375 Dccreaeo j E > C L S deposits 209 375 DICrta1Il 377073 Tho Financier this week says The striking feature of the official stalemeiil of the New York Associated banks I lam week was the Increase of S516CCOO In loam following n gjiln of JOriO300 In tho previous week currying this total within 27007300 of the highest of the year und en record the maximum being 10302C3700 on February 21st of tho current year The Increase last week wax probably due to loans to merchants through direct I dls I counts and also to sonic special opera lions The loans to stock commission houses must It would seem huve been small for tho volume of trannactlonH on tho stock exchange was extremely limited and indeed the general business at this center Wile comparatively light Tho cash rcservo Increased S12A3100 lant week which Wit 11233200 less than lhat which YOM estimated from the traceable trace-able movements of mone The deposits Increased 403UO0 and aa the amount called for by time sum of the augmented loans and of the gain In cash wan only 298C0 greater than tho Increase in deposit there was a remarkably good balance limo reserve requirements rca rc-a UITI1en tro tlKS557o through the Increase In deposits deducting from this cum tho Increase In cash leaves J3SQ37B as tho decrease de-crease In surplus reserve to J20C77025 1 Compulpd upon the basis of dujwltn lees those of J37S3LSO of public funds the surplus Is t OC < 375 The loam of tho banks are nOw J29S700 in oxcest ot deposits against WltCtOO In tho previous week and 15010 3tt In the week ending August 15th Comparison Com-parison of dumcca In loans Indicate that four of the lamer banks increased this item by 52COOCO net or about equal to the increase shown by all the banks Three of thciic Institutions gained 52COO 000 net In cash Silver and Drafts New York Aug IBnr silver Mile Mexican dollars 44UC San Francisco AUt 29Silver bars 60ViC Mexican dollars 47c Drafts sight 7Ac telegraph lOc Money nud Exchange New York Aug 29Money on cal nominal time money eaeler sixty daM iy S3 per cent ninety days G1tj1 jcr cent elx months C1 I per cent prime mercantile paper tVOGi per cent stcrHng exchange firm with actual business In bankers bills at SI iI tSCliS for demand and at MS31254 4Si 76 for sixtyday bills posted ratcs I8 S ISIj and 3ISG1WIS7 commeroiai I bills l2 Afi 183 Now York Metals New York Aug 20 There was little doing In any of the metals today and prices were unchanged Tin continued weak In tone with offering free Copper ruled iilet < and barely l steady at J37513b7M > for lake 13G2V frl375 for electrolytic and S1337Jh013to for canting Lead holds a firm position and supplies are reported limited spot W2o Sneltur ruled Ilrm at JGOO Iron quiet and steady with a alight Improvement in demand Prices were unchanged un-changed Imports and Exportn of Specie I Nev York Aug tTot1l1 Imports of specie at the port of Now York for this week were J1S42S sliver and J57KS gold Total exports ot specie from this port lo all countries for thin week were 296 SOo silver and S37CO gold Imports of Merchandise New York Aug 29Total Imports of merchandise and dry goods at tho port of New York for this week were valued at S12SIOC03 V New York Sugar Market New York Aug 29Sugar Raw firm Call refining STHC centrifugal 96tcat 3Tc molasses sugar 3c reused firm i No 6 HCO No7 fLZ5 No S fUO No 9tJ |