New-York tribune., 1876-01-05
AMOUNTS HELD BY THE IssUERs.

National Bank notes oel OF 5oc .jH Jpps 5s. -
Ifsa Ssn., Tender notes IN Io2o74oa s
certidca,es in banks
ss..Sry igsss deposit :sso5oo Ss' .qs siE %
fia'i'%na % currency .Sssss %, .si.s Sf'
Currency In Treasury .lcSo55s2 sssS9ios sccS5ioe
*i4o347ss4 si44,i42s4i sl6i,lei,e2l
National Ban. note. s1:, 1s'&S p d1,is ls's: Isi ls,f.
IN bank. . sis ioss42 sisosI,96i sls,77oS52
banks ''''' '.''.' s2s47,oe3 si,5lo2o2 saN7,29l
certineates IN banks
iqs.s ssgs. d as%go $50 .,aSo tx SO .oo 81 %
f1a'SSn.l SsSs currency .cs s .sss5o Ssf sss5e27 x
Currency in Treasury $32s9,o52 s3,3s9,O32 a,32,i53
si2S2o3,32 sii6 45o, ,725 si2s, ,2iss65
in banks s2i.ao3i7s sis,4So0s sis,12s,s37
S.nss se"oe' no ios7le5oo sooieeio 7eA0s7s4
for legal tenders on 49,
.ay sss deposit in .sso S;G 81 ssssd1oo Sit
'sgss special en1sss DEPOSIT in in
bani s notes '''''e ....... 2os.oo5o lC2s3,lo2
ia'SSaa, IL currency .asl%s. ta "a .2sis4s 2ss,es
Currency in Treasury .$iisSl 's slGIi5s,o 47ooas2
Total 4O7. 800 s93 es2 sI7e 2eo,O'e
CLEAmNG-HoUsE LOAN CEgrIfIcATEs, 1873.
Clearing sept 23. oct 10. NOV l. De' 1o'
\. y. 50 $4,000 s2o5Gooeo s2o.3iSooo s2,39ooOo
other cities. ..". ssIs%ssoO sios6s.770 ..."
l. In September, 1873 when the financial storm broke
the issues were the largest amount they had reached
10000 900 than In october, 1872 and 10000,
900 than In October, 1871 and the public held
100000 600 more than in 1872, and Si6OOo,ooO more
than In 1871
2 From sept II to oct l3 the issues increased 81
100000 Of bank notes: the banks lost SS,75O0OOi the
public absorbed Sll 100000 Of currency.
g. From oct. 13 Ia Nov. the issues were increased by
S5ooooOo OF legal tenders rom The treaonry -
notes, making $500, OO0-the public lost Fi5Oo0O0;
the banks gained Sl2ooooOO. The tide had turned the
outflow from the banks had continued time after
the panic; the influx had now begun.
From Nov Dee. 26 the issues were increased by
SlboooOOO0 0f legal tenders anu tta'u0ndls rom tne
Treasury. The banks gained Si3,oOOooo oi legal ten
ders and S3OOOoOO OF bank notes; the pubic lost S
OOOOoO.
8 In the next nine months to oct 1874 the Treasury
issued Si5OO.0O0 of legal tenders and took III Sls5O
their notes and 10 cancel deposited s200OO
900 ~ legal tenders. The currency 'Asting clI cbJo"
600; the currency held hy the public fc s26,jOOOOo
e. From oct l. 1874, Ia oct l. 1873, the Treasury had
made reduction Of the legal tenders except 10 Win
draw SSuOOoO0 on issuing SloOOoOOO OF bank noir7.
The cancellation OF bank notes Wah N25oOO,OOO. lhe
currency in the hands Of the public wa. diminished Sl'
OOO.OOO.
Finally al through This process. the feature. have
been ~ The compulsory currency Of the Government
has been from time to tune increased oi kept stationary
To replaced by SIOOuOOOO of bank notes. 60 The
voluntary uf bank notes hd- been diminishing bY
voluntary cancellation C'J int The principal t', ION
has been 10y the public In refusing to use the cGIss
cirreucy and leaving II 10 accumulate IN the banks,
There S74.OOO,OOO less held by the public oct J.
1873. than oct. -, 1873 There was F65OpDOOO more
i'm the banks ON the i-t of October 1873, they could
lawfully pay lend ~6OoOOOo0 more. n II would be
taken aud held by the public. During all this time call
OF bankers balances have been very low rates
even the Of the when they are generally IN
rcncy, ana continuous fal or prices