New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-10
NEW STOCKS IN THE STREET
AN OLD FACT PROVEN AGAIN.
LARGE REDUCTION IN THE SURPLUS OF THE
NATIONAL TREASURY

LARGE REDUCTION IN THE SURPLUS OF THE
NATIONAL TREASURY
Sunday, Sept 9-p. m.
Tho Iynited States Treasurer last week received
from customs S4,5s3,624 and from internal reVe-
mo ~ AZ, 72s total from both s1.l5l.347:
agaAus; s72S4,59 for the preceding week. Yes
fordav,s Treasury statement compared with the
,nor--,,- s,,.cr,crt of September |, shows loss
"a the cash balances in vault Of s54,50S. These
figures however are without deductions for the
rarmcnts made by ubTreasuries for the s6.l50,
ooo bonds purchased last Thursday The differences
shown by the statement are principally in the gold
and silver balances. The increase of 81, 70l, 527
n the gold balance was made by reduction of
q. 7o4.4l4 in the amount of outstanding certii-
Gates less loss OF bullion of S2sS7. The de
crease of $l.s6s.07l to the silver balance was
made BY an issue of 81, 7O9.95s certificates. plus
n loss Of sl5S.ll3 coin. Counting the usual
weekly coinage Of standard dollars. the active
silver issue for the week was upward of s2.400.-
600. Compared with the statinent Of week
ago the Treasury's deposits in National banks was
reduced ss77,646 making the total loss to its
balance for the week s932,l54 The liability
for the redemption of surrendered National bank
notes was reduced s643. 235, that the net re-
duction in the surplus balance was only $685.
~
$500, 900 by payments for bonds Which arc not
deducted from yesterdays statement
s,ho,ncd are the results Of Yesterdays statement
pared with that OF the statement OF September
Sept l.lSos. Sept S.1sSs Differences
Gold coin and bull.
less certificates
reserve s1oe sss ose sos 500 Inc s17o1,52
sSoff Hs s55Gss Inc Inc sis9 G
taeates . -. 4917ae4o l7so5,5 500 Dec 1ses,o71
Cash IN rreas'y s2O4 $50 s2o4 572 Dec s54.5Os
DeH Honsi banks 54ae51oo 5s5l7.4eo Dec s77,o4e
Total balance s25s 1se s25s O82 Dec 1892 l54
he'd to redeem
per i cent fund e51so1ss e44sess7 Dec. o4s,2s5
balance sl63 s54 O54 sl63 500. 1876 Dec. soss. 919
THE BANKS CONDITIONS COMPARED.
BY the operations of the United States Sub
Treasury in the week ended Friday evening the
banks of New-Yorlk gained g. 965,41l cash; but
up to Thursday evening they had lost 81, 055 GA G.
Fridays gain of s., 700 600 counts in yesterday S
bank statement for only one day, or say 100000
In the weeks averages. Our estimate week ago
left the cash held about Sl,300000 less than the
sum reported for the average of that week Yes
terdays bank statement reports loss OF So
Ito, 600 cash, which indicates net movement to
the interior Of at least SO 100000. Fridays gain
from the Sub-Treasury leaves the actual cash
holdings at the close of business Friday
So 700. 600 greater than the sum given the
average for the week. An expansion of 81 .OOo2O0
in loans does not reflect the contraction oceasloned
BY the Government purchase of 10000 bonds.
The decline of 81, 760,400 in deposits Is about
100000 smaller than the decrease the other
changes call for The statement results in q loss
10 the surplus reserve of 800 300 ana leaves IL
AT sll,s46l25, against 81 81, 325 September ! U,
1897, and S7,634, O75 September H. 1886.
The changes of the week of 1887 were as fol-
lows: Loans increase 81, 604 600, cash decrease
sl460, 700 deposits decrease s1,63o,600 and sur
plus reserve decrease Sl,05S.300 The changes
sl474, 500 cash increase s652,s00 deposits de-
crease S243400 and surplus reserve increase
sH3,65O The changes for the week of 1881
were: Loans decrease s3,1l5,300, cash increase
sl7l6,4O0, deposits decrease Sl,O99, O0O and
surplus reserve increase Si,991,150 that is, II
was S97l, $50. against deposit of Sl,O201OO
for the preceding week.
ponding dates of 1881 and 1887 as follows;
ssgt S 81 800 SGT .G 80 80 s ssGs s So
f9 9sssnief. 5ssss$S s$S
the ooovine shows he relation between the total re-
and the total deposits az the TesPectye dates
iIessal-tendefs :. i5O764oO 2L748Soo 84,s2c. ZOO
Total Y,si s7oo7s.loO esosos7OO aeSoiOO
hs seaH. deposits 7s7ozo5o s5oes75
Surplus 5000. e97l,o5o s4,I5l325 sl, 840125
Ratio Of reserve 70
deposits pr ct. $3.50 1924 279o
Following is Saturdays statement in detail:
Bank. Loan. Specie. t asSsi, Deposit.
ESQ 600 1900 lSs S GOO = SSS