New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-08-13

lH,r uosrD-u O'Clock a. 81.


The bank statement OF averages for this week
compares .,I ,.. 'of ,he preceding "er, DIS follows:
Loan. .s>9iss5'.,, .a;A,s.55ao Decrease sl.ola6
igoe'ss-.-, s,aS5l11's 53oltt8 ' H~s a., ij,o3
lg 4iSl. 2ii1 1893 P. 1890
erlIoa- -aes ths r at.ou- between slc total zoe
serve and tle total liabilities:
,,.o. , hr+ $40 si A9s i'm. 'a ss r..
I.gsi ..lt ISL. 5i-.-lo' 5ao.'.o' r'- l'c7,5}o
FOCAL r.,-rye..s .-..e.'JJ sesi45.5.' DC. s272t 20
N ssa deI1,-,.i,-ssl7o.e5o s,&s57soO ......-..--.
or.r.s..ts' si3s,C25o sl4267 COO inc sCGLs5o
TIE lo-c.oiug comparison frAsaos ano.Aci striking
Illustration ~ the worse tan useless character o. tie
present svatein ~ making tsE statements hv aVcra-
Apparently the banks have reduced thcr assets
s4665 600 go tbe payluen' ~ only $3.50 500 Of labi
ia-s TIE usual ue.a1d u accounting mr u- Kind oi
dsrep-lcy-py guessing taat u is III resented d., au in
rrzoi~ corresponding OF ltoHai bt.-notc
inapphe Die ta4s ets- be ause 80 Pei NOT isiy that thc
i.-soci&t-l banks 0ua send away ~l,ib1jpO sreel-
bocss, ri.I supcraauncance OF National bank
NOES ca hand. Tne total 81 legal reserve %.
tie Dos. statement j. 3l3i pel cent Of deposits
s.ainsi - by the prece 4ius statement DcIUctn<
1e spe, ,u phil from the tep ,It 'hc legal tenders
nlv 2Gt9 rcr cent Oh t1o remaining currency deposits,
sasin.t 2j4j last week. An analysis VI see detailed
Statement shows that u DE Sll267.G0o excess of
rreryc, I240oor) f. held by I'm OF tae sc-a,r-
trc bank, repairing whle abe Others aIe Actually b.-
JON tle required % per cent. Til. f-.t m view ~ OBJ.
following prove D. one o. impor lcc:
AssooAl g.l. i 3 Si1 a.! Are.ll.
faaa s, s sl7 g f foo5 500 s G3zss s5
sae4s.......-........ ~ 23b13 ~ g-90 2'ij.,10
Drl ,i.s ....-. 2;7.l2. loe 22e5!to 90 2i55 go
H.. ,.l'" o.. specie
s s5os l.5a .,as'r''o ssa. ss9. gi.5l
$500, ~ c.--I.E
c6rio.t. '-'',' $3.50 cs57 2s49
Ono OF bc prominent features OF tao foregoing exhibit
& 'hat While -i bins capital las bee" dqmd'icd 10 the
extent OF 81 1910 August, 1873 Oh" loans nave
be,r r.du..4oalv @t5.OlJOOO AZ TINS o. re-
6uc,a r.. below what should oe ia order to CORES
pond viva The immense liquidation which has taken
p.c. iu innate business, and vita the genera r'-
citation of yslaes 10 becomes mtcres,us matter OF ln
Qu..y as 10 what ow constitutes te collateral or basis
io loans of 52I531720o. Il vli be- obser,ed that inc
reserve or Oh banks uo actually l73 per cent lower
than in August, 1873, and $40 per cent lower
Tan lass 'ea.. selara'ing Tie specie bo'l from
lt deposit, aud reserve, tt irktf'chitf reserve
Pc cca ss than ga 1916 In 1875 c legal tender Az
was reported {, bt so 223OO From tua, Gao, how
ever iLcIe steady DECLINE 10 ~ chd oI ihe year
Ileaiiin.e Iad fancn to Si8,i6; 200 on sept. 30,
aud then recovered to S33.O3s10O ON D'r 30.
Tues cYuprls0n- and "reminiscences suggest possible
change Bog oar money market al an carry dH,e, par
Lcl.trr fNc pcni, who speak IN such glowing terms
Of crops roj disappointed go tHeir anucp atoms
OF 2 gft al ,gt,f ribuudanCo.
The socA Market during thc week has simply exhIb
lcf tlc further PROGRESS OF the specula'r craze Al
though tue rgut b1sutss-only 65JC0o siIrt-rrHrcts
Administered interest prices were advanced throughout
The list The general estimate of the character u the
present speculation finds frequent expression IN bar
Lsquc ts, such Tel me Of Railroad hich Is
ao@inz large loss III IFS carnings-the greater Use BET
te' and sll Duy its stock" what Company has
me- With expensive accident T. " are you Ger
TAN there going De another stnRct
4. not, Why Gid yOu buy that 100 shares
A'elfu a. such comments appear they may De heaId
Constantly In the neiFhbOThOOd % inc STOCK Exchange,
tey strictly consistent with the prehe ~ course OF
tIeea Therefor have fear Of being accused 0f
hS u bear" tie stock market In publishing, for The
.ieat Of commercial readers "A rccapitpatiOn OF
X. Galy tables, showing the advantages enjoyed by
West 1 - us "A'oi communication WIN w
AAe following The receipts of Flour and Grain at