New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-03
WHY STOCKS ARE GOING UP.
"A CONSTANT PUBLIC ABSORPTION.
GAINS AND LOSSES OF THE NATIONAL
TREASURY.

Sunday, Sept. 2-p. m.
III. United States Treasury last week received
+rom customs s7234.597 and from internal
-ovnnne s2346294: total from both. S7.>S4.597
AGAINST 7SS for the preceding week. Yes
,.rdov,s weekly Treasury statement shows a gain
=. ;,s not cash balances of S3.730.6l2. made up
hr ON accumulation in its vaults OF S3.724.25l.
ord nv an addition to its DEPOSITS in hank of
go, The PRINCIPAL gain was si.3I3.2s3 to
.h. cold balance, made up by an accumulation
=, q oo2. SOB. splus reduction of s3.3lO.4sO
a. tho amount Of outstanding certificates. The
loss of s693l5i silver was made up by an issue
If sl16SSll certificates. less on accumulation
~ S53sI60 The liability for the REDEMPTION
of National bank notes was reduced slszO2o
and therefore the net gain to the surplus was
e3el76S2 for the week
pared with that CT the statement OF August %:
Aug. Is. 1888. Sept L. 1885, Differences
Gold coin and bul.
less certfcstes
reserve 1ooo4a l7s 800. ss1.<5e Inc o. sla,2ss
Mt s.s ss.: ssS a ' $50
uacstes ~ So22s777 1882, e2c Dee. esa151
Cash in rr.ay so9 800 sos 1875 $40 In 81 724
oep tiSnsl banks 54sss745 "a, ss5,los Inc. eae1
Total balance SOL 1877 1851 $751; 74s Inc 73O0l2
held g redeem
E fnniu SnS me- me-
per teS' cent fund e4s5see2 e4eeee42 Dec $4,000
Balance s''Sl' lo7 Inc ssol7Os2
BANK CONDITIONS COMPARED.
By the operations of the Sub Treasury in the
week ended last Friday the banks of New-York
lost s26sO.755 cash. Our estimate of
week a:o placed their cash hold
ings at that date at Sl.500,0 900
less than the sum reported as the average OF that
week Yesterdays statement Of last weeks aver
ages shows a loss Of 4,344, 600 cash. which re-
fleets movement to the interior of about $1,000
600 and indicates that at the close of business
Friday the actual cash holdings were 81 300, 900
smaller than the sum reported in the statement.
There is further expansion of 81 9s3, 900 in the
loans The decline in deposits, reported as only
s4Sl 200 is 1851. 600 smaller than the decrease
called for by the other changes. which indicates
that the expansion in loans was to out-oftown
interest. which drew the cash for crop movements.
The statement results in a loss of s4,236,so0 to
the SUI plus reserve. and leaves it at 81 766e25.
against s5.2l2,625 September 3. 1887. and
s6920.425 September H. 1886
The changes for the week Of 1887 fol-
lows: Loans decrease s3.596,lOO; cash increase
$4,000; deposits decrease sl.O35. 600: and sur
plus reserve increase S346. 200. The changes for
the week of $50 were: Loans decrease S3,22o,-
600 cash decrease SS47,0O0; deposits decrease
s344l, 90; and surplus reserve increase sl3,275.
The changes for the week of ssl were: Loans
decrease SOL g. 400; cash decrease 81 0O 500; de-
posts decrease s7.794,lOO: and deficit from 20
per cent reserve decrease 81 .547,925.
The statement compares with those OF corresponding
dates Of 1851 and 1857 as follows: 40.
loan. , 1887. 2O7 200 1914 S3S. 900 s39l, 739, 500
Specie 60 "a 500 6S 579, 300 S2.S04, 100
Pea tenders I56j790o % 7i5iOo go s95. 800
fIenosits 9l5 927 200 344447,l0O 4l2, 1872, 300
Circulation =. 49, s3.200 6,1l4 900 7,773,00
The following the relation between tbs total
s.rye and the total deposits respective dates:
Sn4rIe s62 343 800 ses 579, 300 ss2, sO4. 100
Jae,i.tenders 1897, 900 %, 745,lOO so 5000
Total reserve s779ol ZOO s9l S24 400 s1ls 7s9 700
Reserve required ..-- 49,. -
against deposits 7S,9S1SOO SO,ll1,775 1OSo33O75
Surplus 100 s5,2l2 o25 sic. 200. O25
"' oenoslts Or Ct 24es 2od 5000
Deficit
Following is Saturdays statement in detail: