New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-03
Is OF BOSPOV STOCKS
BOSTON. Friday. Feb. 2. 1888
Yesfarfav ro.nav.
FRIDAY. Feb. 2-P- VI.

FRIDAY. Feb 2-P- NJ
The United States TTeasurers statement Oh l."-
bIlities and assets as of February shows gam l"
the actual cash balanc, over haolhtl's oi o''i
$40 500 600 "a COMPARED with the balance OF Jan
uary l. The statement of assets contains Iio n
of United States bonds and interest @lo'|oo'
s4sr evidently the amount of bonds and inter-
est that had been paid under the 119th call Whoi
will mature February TO- and under the lhu,'oo'
call for $40 900 600 to mature February 70 lnero-
fore "a there is nothing the LIABILITY sue 20
resent amounts of unmatured calls tn"' i0'n
ignored in the subjOned statement. but IL Is " oo
under,tood that of the 10th call and OF inc lhui
roo, call there remains to be redeemed only about
81 900 600. As no more bonds under the hdlrect
call viii be presented while the market prices for
them remain at a premium which is Dot more than
the accrued interest it is fair to estimate the
amount of called bonds which have not been pre-
scented for payment at $3.000OOO flor the
10th CALI in excess of the amount gwen
in the Treasurys statement as liability
for called bonds and interest" The state
ment shows gam for the month Oh
S1.sl3. 266 in the amount of gold com and bullion
on hand and increase in the amount OF outstand-
ing gold certificates of $S,154,S3O; so that the
Trcasury's actual ownership of gold was decreased
S634l. 564. The holdings of legal-tender notes and
the deposits in National banks were reduced
S766 467 Several correspondents heretofore have
made the point that our method of making up the
Treasurys reserve against Its legaltenders was In
correct. in that we counted legal-tender notes,
National bank notes and New-York and san Fran
cisco exchange as the equivalent OF gold III IS
asserted and correctly asserted that $33,OO0'OOo
of lega-tender notes in the Treasury is no more IN
reserve against the remaining outstanding $3l3'-
OOO. 900 of notes than the redeemed clrcuiaton
of a hank q reserve against its other debts. The
MONT is well taken. But United states notes are
leealtender. and our statement gives the particular
figures for every item, so that no one Is deceived
by them. On the basis on which we are asKe"
70 make I'D the statement, the gold reserve
AGAINST the actual amornt of outstanding legal
tenders and il is the correct princpe Is only about
per cent The Treasury holds SO, III more
standard silver dollars than 1t held month ago.
and the outstanding amount of silver certificates IS
81 $40 less; so that the Treasury owns $50 ,SO|
more of the dollars of "Our fathers than 1t dld on
January l. The amount of silver bullion held Is
S7O8235 less than January l. and the fractional
silver COINS are increa sed 1913 553 to 27
An amount greater than the total of all Kinds OF
cash ordinarily held by the Treasury before 1861.
The net increase In the Treasury's ownership of
SILVER of all kinds for the month Is $3,424.2oo.
The total amount of SILVER for which the Govern
ment furnishes storage at the peoples expense Is
$l2S439.172.
In our usual form we present an analysis OF the
Treasurers statement of February l, 1883, as fol-
lows
Trust Funds.
SSaSs failed liquidation and reducing CIR sso AL eea
Deposits for the per redemption fund of ,o.oo,o
pee cSiHsi Tor O Clearing House o.oooo
Less amount redeemed ''''''.'' DO-DoD l24soOoO
p,stnS OF Col linO'a oepo9i'' iO' ,. 10000
Total o; trust liabilities .................. SG09665s1
General Liabilities.
iH5er amount aig tina That APPEARS as
ury assets '.-.'-''''''''''''' --2,oD9 s5Ool.ol9
os an6uh S' Psd and interest ana o@ @:D @
re-. 0gs 6 6scs Saaness 2S555
Treasury transfer checks and drafts sce,ooo,
Iess sanGTy item, iom G37S5l
Total general liabilities s1bo790o5
Grand tOta Of liabilities $l2aO5VZso
ASSETS.
Gold and Currency
Gold coin sl2lsq9s4ss
Gold bullion 0i1'o9S
Total god sI5z3 55 ~
Net gold coin and bullion slZjG4ol9l
United states notes S5,hoe1E.55t3V
National bank notes .--...--..---- lOs7OS9d
deposits iu National banks lZOOJb33
Sew-York ana san Francisco ex .,ooo
so'''-'''-'''''''': - 5s.9ss. lGO
Total rod and equivalent cash Sls4G$G 354
Deduct amount held IN trust as gwen above Oooo'''
Amount belonging Treasury $Il 800 "a
Deduct general Liabilities. as stated above. oOO7Oo0"
Balance applicable az a reserve on S3iG, 74l,05G
OF outstanding legatender notes. INA per 20, -o nc.
cent Soi''o''V0'
SHrer
SILVER dollars ................... s9753o969
Less cert Gcates Of deposit. .........-s72 745A70
D0u"0' "HiO'i' - Gs43s. 800
Nat silver dollars belonging to the Treasury S29Og2 l49
silver hulIion 6.76l ,H5S
Ffacfioia silver coin 27.l35.2i5
Total I'm silver owned ............ s59. gsJ. 1852
Grand OF available assets SlZl0G946
To-day stock market no hing more OF less
than q continuance of that for several preceding
days. There was further progress made in the ill.,
eyItable liquidation of the recent speculation for
higher prices; the usual rallies caused by cover
ing of shorts" occurred. but the tendency OF val
mes toward a lower range were only temporarily
checked by such epbemcral Teactons The amount
of transactions (4O6, 1893 shares reflects greater
.