IKW OF 1895. 



ranging from j to a j- raging 



If (lrr UK- middle of the month in mil*-,, 

 tif the moremrnt of runvnry to the n 



.,.1, st. and 



rir wer* 3 per cent f.-r iliirty day.*. _' t.. :( f..r 



4 f..r four, and 3} t 

 Art to on MX 'n MieremI |wi|*>r was in 



good Mpplv with * liu'lil d. m.iud. an.. 



i| JIT ml. for >hort indor*-in. ntx. 

 and 4f to 5} f>r f.-ur to six month*' -in-i.- 

 names Low bank reserves had some inflneoet 

 upon money on rail in <MoU r. and il.. 



:.- .-. h, r, wen liberal 



' - . . -/ f r fix, i ,-n..^ ,tl V.' |,r 

 for thirty days. 2f to 8 for *i\ty to ninety 

 tud :i to' 4 for four to eight months. Com- 

 liBiil paper was of slow sale at 4* per oeot 

 for indorsement*, and 44 to 5$ for four i<> H\ 

 sMstkt' single names. 31 all was in 



abundant supply in N'ov, inU-r. loaning fr- 

 .4 mr cent., and there was no M. 

 anner in timceontr.i i> r in oommerdal 

 eomparrtl with tlu> iin-viouMiioiith. In I > - 

 .until t In- !!! of tin' third week call loans 



1 to 8 tier cent,, while time contracts were 

 auotcd at $1 per cent, for thirty days, 8 for 

 sixty to ninety days, 8| for four to five, and 4 

 to 4f for six to seven months. Commercial 

 M|Mr wan 4 to 4 for indorsements, and 4| to 5| 

 for four to six in,,nth>' single names. During 

 the semipanic above referred to monev on call 

 loaned at 80 per nt.: l.ut in the foil., win-; 

 week confidence was reston i |,\ tin- proinpt ac- 

 tion of the liaiik Clearing House in cWiding to 

 resort to loan certificates, and rates fell off to 

 . luit the market was more or I.-s 

 to i hi* md of the year, and time loans 

 and commercial paper were nominally 6 per 



foralldale*. 



The Imnk l.-ans at the lieu'inninu' of ,Iniin;irv 

 were $488,890,000. Ther. reduc-tion tl 



- .- ' : - 'Ml i \ April '1. iili.l :i -railual IIL-IVUM- 



to $522 f e98.9(io, ih, higheM 



ifter there was a uecrease to $47 



:>(MI. the lowest of the yeai 

 reached the maximum, 



was a fall to N' ' April . ,lu,. i,, 

 |.a\in. His f,,r 11. nt. 1 1>. fi.||,\\ 



a rise to $7' I after il 



wasagradiml fall to $00,861,900, the I ov 

 the year. <.-i. \'2. followed by n 

 legal tenders rose to $108,065,500 < 

 bat, influenced br withdrawals > th. 



<hev fell to $78,894,600, tho lowest 

 year, by March 80. Th. r. aft. r tl 

 gradual rise to $119,883,500, the In 



r. liy Aug. 17, follo\\r.| l.y a decrease t' 



Dec. 28, reflecting the movm 

 interior, ami withdrawal- 

 Deposits f,.|i from $009,512,600 .Ian. W t. 



"I. til.' lowi-t of the yrar. A| 



i aine a rise to the highest point, x 

 on Aui:. 17 followed by a fall to $501,0, v 

 Dec. 28. The surplus reserve was at th. 

 Ml of the yrar. $4580,450, .Ian. -JU. and 

 lowest, $13,413,450, Mar.-h ::n. 1 



to $41,996,575 July 27. ami a fall t. 

 176,900 Oct. ]'2. due t(i the inoveinnit of nir- 

 rency to the interior. There wasagradu 

 vance thereafter to near the close of th 

 when there came a decline to $1~> 

 Dec, 38, 



The condition of the New York ('! 

 House lianks. the rates of interest, exc^^H 

 and silver, and the prices of United 

 bonds, on Jan. 4, 1896. compared with th 

 items for the preceding two years, an 

 low: 



'**** STWSB Beers* j 



3TWS 1 ::::: 



- 



1 1 405,100 



174,0 



1 tot* 

 2fto8 



HT I>M * 

 111} l.i.l 



r.n.r.i 



|1. .,779,675 

 4 to I 



80M. 



|4 89 



104 ' 

 109 



:ododi percent*. 



Th* following is the New York Clearing House statement of totals at the begin nit 

 quarter of 1885 and at the end of the year: 



DATR. 





MJS74 ..... 





;,..,...<,., 



I, pd t.r.>r. 







