Call Loan Rates in 1898. The following shows the highest and lowest rate of interest on call in New York during each week of 1898: The range for the year shows extremes of 6% and 1⁄2 per cent. The highest rate in 1897 was 5% per cent., and the lowest 1 per cent. In 1896 the highest rate was 100 per cent. in October and November, and the lowest 1 per cent. in July, November, and December. In 1895 the highest rate was 80 per cent. in December, and the lowest 1 per cent. in January, February, March, May, June, July, August, and September. Sub-Treasury Receipts and Payments. Sub-Treasury operations for calendar year ending December 31, 1898, compared with 1897 as follows: Foreign Exchange. The following table shows the weekly fluctuations in rates for sterling, bankers' 60 days and sight, and for francs, bankers' sight. The figures are for actual rates, regardless of the posted rates, which are usually somewhat higher. 4.836-314 4.854-56 --Sterling Range, week 60 days. *5.1936-5.205% | July 23. Paris Francs. 4.846-334 4.854-54 4.834-34 4.854-5 4.84-34 4.8584-5 5.1988-5.193 4.844-334 4.8534-54 5.19-*5.198% 5.1984-5.20 4.844-334 4.8594-54 *5.1988-5.20 4.83-214 4.85-44 4.82-1 4.84-334 30. Aug. 6. 13. 20. 27. *5.20-5.209% 10. *5.25 -5.214 17. *5.2114-5.221 24. *5.217-5.221 4.8134-14 4.844-4 *5.217-6.221 8. 4.82-134 4.846-4 *5.214-5.2216 April 2. 4.81-8034 4.844-35 *5.221-5.23% 15. 4.82-116 4.8414-4 *5.217-5.231 9. 4.8034-8016 4.8334-344 5.234 22. 4.826-14 4.8514-44 5.217-5.281 16. 4.804 4.83% 23. 4.804-80 4.84-316 5.2436-5.234 Nov. 5. 30. 4.814-8084 4.85-44 5.21%-5.23% May 7. 4.81-804 4.844 5.2216-5.231 14. 4.82-81 4.8514-494 5.216-5.2346 21. Dec. 3. 4.8814-234 4.87-6 *5.2034-5.214 4.8234-214 4.86-54 *5.213-5.221 4.83-216 4.8616-534 *5.20-5.2114 4.8234-24 4.86-54 *5.214-5.217% 4.826-2 4.854-54 5.2174-5 21% 4.826-134 4.854-44 5.214-5.21% 4.8134-14 4.844-44 5.21%-*5.217% 4.82-14 4.8434-44 5.217-5 2216 4.8134-16 4.8434-44 *5.2174-5 2216 4.82-116 4.85-436 4.82-116 Year, 1898..... 4.85-80 * Less 1-16 per cent. 12. 19. 26. 10. 17. 24. 31. *5.2054-5.217 4.8434-44 4.87-34 5.2054-5 214 *5.1816-5.24% STERLING EXCHANGE IN 1897 AND 1898. The following shows the range of sterling exchange by months in 1897: The following table shows the weekly range of prices for bar silver in London for 1898, expressed in pence per ounce : DRY GOODS AT NEW YORK. IMPORTS OF DRY GOODS AT NEW YORK FOR TWELVE MONTHS FROM JANUARY 1, ENTERED FOR SUGAR TRADE OF THE UNITED STATES, 1898. (From Willett & Gray's "Sugar Trade Journal.") Tons Represent 2,240 Pounds. Melting and Refiners' Stocks. ---Average Daily Melting--Importers' and Refiners'→ -Actual Melting of Raw Sugar. of Raw Sugar. Stock on Jan. 1st. 1898. 1898. 1897. 1896. Foreign.. 1,599,484 Domestic.. 1,11 1,424,638 Total... 1,370,199 1,585,200 1,599,699 1,485,767 99,220 Foreign Stocks. The following are the total stocks in all principal countries at latest uneven dates 1898. United Kingdom, January 1. 75,5 0 1897. 90,058 1896. 138,800 France, Germany, Hamburg, Austria-Hungary, Holland,Latest dates to January 5 by cable. 2,011,00 Belgium... Cuba (six ports), January 3. United States, January 4. *About 2c. per pound duty taken off April 1, 1891. Net cash. Less 2% per cent. for cash. Including 40 per cent. duty from August 28, 1894. Including 1.685c. per lb. duty from July 24, 1897. |