New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-06-18
THE POOR STOCK MARKET.
WALL ST. SUFFERING FOR ITS SINS.
GAINS AND LOSSES OF THE NATIONAL
TREASURY.

Sunday, June Up. m.
The United States Treasurer last week received
from customs s3.9s9,771 and from internal reve-
nue. s2,2IO,27T; total from both, $4,000, O4s,
against s6,5l4.s40 for the preceding week Yes
terday's Treasury statement shows an accumulation
in its vaults of s2,2013l cash, and an increase of
s663, 5s4 Of deposits in National banks. But it is
evident that the. weeks payment for purchased
bonds, amounting to over 81, 900, is not de-
Quoted from the cash on hand the entries and
credits to the dsbursing Sub Treasures not having
been completed.
Subjoned are the results Of yesterdays state
ment compared with that of June o.
June 0. 1883. June 1C. 1888. Differences.
Gold coin and bull
less certificates
reserve s9s.497ess sos,4eo.7s1 Dec. se957
eeit!asas. s.sesos $780, szs Inc e ss a sls
bullion less GERS
uhcates b3,217,s51 53s697e4 Inc o5l933
Cash in Tresy s1s4 os9 77o s190 291147 81
D't tionai banks ss14s7ss 5as12s17 Inc oos.5si
Total balance s247 500 $3.50 1903 AGA 04955
De educ :, tOr .i fund.-
per cent fund 1o2 2sso1s 1oo1o2 or Dec 42sf1
balance s145 0o3 500 s147, OIL 800 Inc 80 9077 9e
BANK CONDITIONS COMPARED.
BY the operations of the Sub-Treasury, includ-
ing gold exports in the week ended Friday even
ing, the banks gained S21 DOL. The loss by eX-
port of s2.5Ol, 977 would count in the bank aver
ages for larger sum than the gain of S2,2S3457
made by receipts for purchased bonds, because the
outgo was earlier than the income. A week ago
we estimated that the banks holdings in cash
81 800 900 greater than the sum reported in the
statement of that date. Yesterdays statement OF
bank averages reports gain of S3,l7s,000 cash.
which reflects large receipts from the interior and
indicates cash holdings at the close OF business Fri
day of at least 81, 100000 greater sum than that
reported for the average of the week The loans
were expanded S., 81 0.200, which, with the accu-
mutation Of cash. raises the deposits 600 to
S4O4 642, s00-the first time in the history OF the
NcwYork banks that their deposits have reached
100000, 0O0 The statement results In gain OF
Sl152S50 to the surplus reserve ana leaves IL
at S2S464 600, against 81, 81 6625 June 8, 1887,
and Sl5.9l1,425 June 49, 1886.
The changes in tie corresponding week OF last
wear were as follows: Loans increased 1865
600: cash increased S541, 900 deposits increased
81, 1881. 300 and surplus reserve increased sl96'-
Loans increased 80, 5O4, 500; cash increased
s2.lO4, sOO deposits increased sile5,4o0; and
surplus reserve increased s1,O5S,45O. In the week
s92s. 800 cash decreased s1,130 500; deposits de-
creased creased s79s9OO.
The statement compares with those Of CORE
spending dates Of Ss7 and 1881 as follows:
Loans SAC 5e6Goo $500 s7$,soo ss5i, $4,000
Legal tenders 1S474,300 "a 690,4OO 35,2204OO
nneoosiys 844 3O7' 600 372347,1OO 404. $500
C,rculation 10 3O5, 800 S.247, 800 7,47S,90O
The following shows the relation between the
total and the total deposits at the respect
i've dates:
coo,o s75611Oo0 s73,013 900 sol 404, 900
Legal tenders . 1e.474 300 "a, 0SO4OO 3S,22O,4OO
ro,,, reserve s94os5, 300 s977o3 400 s1o9 ga 400
Reserve reouir-
ed ag'st de- a..-oooo 10 nor -. IN, ,co -oo
surplus ooO'o'oVo vo'VoO''o V''VV
Surplus So,UVo,sVV S4'oAo'o-' 'VV
Ratio OF res've
to deposits, o-oo oco, no
per cent S"So <o'-f o-'V'
Following is Saturdays statement IN detail: