... The ferler decline in the New York exchange brings it down to 4.8l,, 1tile 'njl reqjuires remark in connection w ith the decrease of cash reserve in i,, ln of the banks of that city. Above and beyond the 25 per cent, of n5. 5 %which the reserve banks of New York are compelled to 1:e ncow possess r251,350,000 ; and in view of the harvest drain of cash leterior that is no large excess. It is as ...

... A fortnight ago the New York reserve banks held their required proportion er! L'bibties in cash, and had a surplus of s,88o,ooo. The surplus is now ?? to t, 50,ooo. A reduction of the kind is nothing more than was tl have been expected, and a further decline is likely to take place as the move- J'Cit of the crops creates the usual demand for coin and notes in the interior ef Alocrca. Lilke the ...

... CiTY OGF~iC, 3zoS' 5rsdfi, 2). RaPer sr5:wy, Ee. .AloTnay, [Ialf-p.asl Twelve o'clock. This being the first day of the fortnightly settlement on the Stock Exchange, the business transacted is mostly in connection therewith. The markets generally, however, are firm, with the exception of American and Canadian Railways, and prices mostly show improvement. In American Railroads the depression is ...

... CITY OrFFcE, Bozlss-uaildhtrs, 20, Bklcersitury, E.C. F1riday,, ?? T-welve. The Stock Markets have opened with an appearance of strength, and in most departments there is an advance in quotations. Homrie Railways, however, are not so good, and in many securities there is a slight decline, although in no instance is it of much importance. The more hopeful feeling in the market at Paris is ...

... The Danly return may be almost said to be a strong one. An increase Of - OOo during the week has brought the cash reserve up to I2,821,000; ,'.inasimuch as the Continental exchanges are in favour of London, further ,>ul~tll may he ]ookcd for. Apparently we may count upon the Bank getting ji,.o such a positon as to be able to withstand any pressure which autulmnishlkelyto bring-. A reserve of ...

... So heavy has been the depreciation of various stocks and shares during le last month or two that the loss to holders in this country is probably cut., to the money value of the whole grain harvest of the United V..dom. The decline has, however, been so distributed over many holders Li: sthere is no talk of ruin, and while some difficulties must have been l dcced among a few unfortunate ...

... The total nominal amount of Spanish external stock is about i8o millions, sweals valued at nearly 62 per cent., or I io millions sterling. Within a fI d(lays the loss to holders has been a tenth of the recent valuation. That ito say, possessors of Spanish Fours, &c., suddenly find themselves in the .a c~exate poorer by I I millions sterling than they were some days ago. To th'a the loss is as ...

... The ctivicalposilion of the Stock Markets is best explained when it is ,rIencjlje-ei that speculators abhor nothinrg so much as stagnant markets. If J je\ ?? seetcir -ay to buy for a rise, their policy often is to turn round and He for thoiel. 1hat is what l as been done in the case of American stocks. ' ias really thought likely in New York that the depreciation of values \ -1cuse ...

... I CITY OFFICE, Bourseabuaaildgs, 20, Bauuzk'r:&zasr, E C. Wednesday, H4alf-pas Twelve o'clock. The Stock Markets have opened with an appearance of strength all round, and in most departments quotations have improved. American Railroads have respoded to the better prices from New York yesterday afternoon, and show an advance of from Y4 to 2Y4. The latter being in New York, Pennsylvania, and ...

... The Bank reserve has now increased to about 13 , millions, and its pc;ition is therefore a tolerably strong one. It appears also from the return D this week that the money mnarket outside the Bank is not altogether wvell 'p:Iylied, inasmuch as the distinct increase of other securities shows that Cite have been borrowings from outside during the past eight dlays. The l vlneelt of railway ...

... CrTY OFFCo., Bou-se.-3uidbrtr; 23. Ba~iferbarp, L.?c. Tuesday, ffaif-jast Trvelvi. On the Stock Exchange this morning business is not very active, the markets still presenting somewhat of a holiday appearance. In Home Rail. ways and Foreign Stocks there is a favourable tendency, and in almost all instances prices are higher. ZIuaf-past One. In the open market this morning there is a fair ...

... A sudden further decline in the New York exchange has taken place this At this rate of decline gold point could be reached within b, t nothing is disclosed which would lead to the inference so extreme a fall will take place just yet. It is true the ?? supply of wheat in American ports is now increasing with ?? ytpjity-, and not only corn but cotton bills are being fabricated . collnection ...