New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-19
SArTRnAY. March 1T-P. y.
icmnry is required to re-

No extraordinary memory is required to re-
call the Zine n even tho suggestion that corpora
tons report absiruse, complex, and Opaque ana
therefore yalueless certain TO dub the slCgcrtr
with the gnOminOus title of wrecker, while the gen'
nine wreckers-tLe managers perhaps were ieaa tue
officers OF the law whose duyt should have boch 10 pro-
cr the public One OF the most encouraging signs OF
thc times Is the evident change IN public sentiment re-
five 70 this matter as reflected in the nov very general
demand By the press that gers shall give compete
and intellcblo account Of their trUsteeshp PcohhAy
interest and cuousty alike becoming cianorOus 20
know vino proed by the building, purchasing or Ioas
ing OF Improbable branches and ext nSious and ue
simple utterance of the term wrecAeis Is no longer CON
sdered satisfactory reply by managers 10 tie inquiries
| Of anxious bond and stock holders. IL matters
not that this universal feeling may ana proc
ably will hasten the collapse OF yet uEsuNite'sd
bubbles II there are any corporations who's" ahafs !"
this time Will not stand most thorough stS the Iu
evable result Is assured, and therefore the qicH
comes the better for the general veal with the kno"F
edge which all possess concerning Centra oi Ne"
Jersey suposos that it, end could have oeen d'
fer.nt from what 1t is get the exposures OF TIE
TRIBUNE year ago IL might nave oecu ueHye"
for Il time longer, TO have come hnally with sudden
shock and drop of 50d80 per cent III the price Z" US
s,ocls and bonds on sin gle day the case few
years since with the Atlantic Mail Steamship company
Commerce has been ganized basis OF lower val
nations and il cannot furnish sufficient blood 10 sustain
the life of inflated leechcs hence the spectacle Is pro
scented OF corporations whose reports show large surplus
earnings, rapping at the doors Of banks ana bankers
for temporary loans or inviting the public 20 take
onotl,cr dose OF bonds. With these last remaining
relies Of war and imitation values. driven 70
REORGANIZATION upon basis which bears some RELATION
IN other values aud prompt OF the powers POI
sessed by the Secretary OF the Treasury 10 prepare TOT
the resumption OF specie payment the two neediu sV'
toward perfect restoration OF confidence ahd uc fe
cuperaton OF the industries OF the country VIII hS'o
been accomplished
Tie week ending with to-day was probably the least
active second week in March known for years, VIII
pcrcepblc hardening OF rates t0r money ana oet'H
demand for foreign exchange, due TO the importation
OF home securities.
The bank statement for the week shows an eApauso"
in loans Of 1891 400 gain in legal tenders OF sI Low
and loss OF S3.liO000 in specie. Against deer s "a
deoosits of 81 800 800, which Is S3O1,0OO less a.,
than tho preceding changes would Indicate, showing hs
about the latter had INTO the banks IN We sas
OF national BANK notes me mo g En- is Il reserve
Is now 3O.5l per cent OF deposits aga'ns, ol.oo bs
ago. Deductlng The specie Ia fa nom the uel"si'
legattcnder IS now 2i.92 per cent OF cnIvs
deposits against ~ SO Tor last week TAG conpaf""'
totals are as follows:
Mach 10 10 .j March l1 Il +, Increase. pe e
Spees 2s4sissSS p ISST.
bsSd tssr' 2esS s qsGsisSS LSSssssS
Circalauon. l5SsS,aco i5Seseoo peerrase, ,o ss.s
Tile following shows the relations between 'ho ''
reserve and she total liabilities: ,,,.c.
M1 7Sls le "a m' sS q Dec s'Gs
Legal leaders I3'76Seoo 4S2oGioo Inc. 2lI.o~ D
To,n, reserve. so, Siesoo s07essOo1 s2.Ssse"
sSsinst acp ats ss,7oosSo S5,45,,s7s ...''
Excess
| a9irenents ,a52oo5o i2.asss2s Pee e.sseos'
| Gold has only auctuated between lo4A lOisslV4S