New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-09
THE MARKET is IMPROVING.
INCREASED CONFIDENCE SHOWN.
GAINS AND LOSSES OF THE NATIONAL
TREASURY.
Sunday, July s-p. m.


Sunday, July s-p m.
The United States Treasurer last week received
from customs g. 337, OSl and from internal revc-
nue. s24O3 s45-total from both s., 740,S76,
against s7O5i.4 400 for the preceding week The
Trcasurv's bond purchases for the week amounted
only TO ss16js Comparing yesterday weekly
Treasury statement with tho Treasurcr's monthly
statement OF June 80 the net cash held in vaults
was reduced slO0s. Gji, principally by the reduc-
tion Of the leeal-tender and silver balances. OF
the gold coin and bullion held, there in
crease Of s2.27912s, against which the issue Of
Ger; ficates amounted to S2,3j5,9lO. These
changes were principally due TO the exchange Of
certificates for gold coin owned by the New-lorll
city banks which heretofore had been deposited in
the vaults Of the Bank of America. The fund held
for the redemption Of surrendered National bank
notes was reduced 81 92,S12.
Subjoincd are the results Of Yesterdays state
ment compared with that x the monthly statement
Of Jpnc 80:
Coll coin and bui.
reScfSe sos scO2i7 500, $50 4e5 Dec. s7o,7sc
MAJ sbas s:, Ss 81 % aS5 Bee 1855
ddcaios ~. w. 5t111,se5 59.5s7.72o Dec. 571,1so
Cash in Trcy s198 537 s199 ooo sss Dec sOOs C54
iona, baaks' 50 979oio M,7oo,4s2 Dec. 5o7OCos
Total balance se52 99l 81 8I5 Dec 50 2S5 2C2
Deduct FOR funds
he'd 70 redeem
Net faciu glns 9 IS:
pr cent fund oso2o.571 os7aG75o Dec. 1882
talance D.. sl5ioc5OoG sIi7o72 $50 Dec. Sc ooo,45o
BANK CONDITIONS COMPARED
By the operations Of the Sub-Trcasury in the
week ended Friday evening the NewYorlI banks
seemed to have gained Sl,52L395 cash Is the
gain was made principally on Monday and Tues
day, il should count in the bank averages for the
week a gain Of about 100000. Yesterdays
weekly bank statement, however, reported a loss
TO its averages of Sl,1O5.4G0 cash. This dscrep-
ancy would reflect a large outgo of money to the
interior if we did not know that the domestic
exchanges forbid such movement Allowing for
the shortage of 100000 Of cash from the aver
ages reported week and there still remains
discrepancy Of -. 1000 the cue u an eNp'a-
nation Of which we do not possess. Probably next
weeks statement viii throw some light anon IL.
We should estimate the actual cash holdings at
the close Of business Friday nj about $4,000, 600
greater than the amount reported IN the statement
oi averages. The reported increase in deposits is
S2.jO0.OC0 greater than the increase which the
other changes call for part OF this discrepancy
may De- accounted for by credits to deposits Of
bank dividends. The statement results in loss
10 the surplus reserve OF :2.50O,425. and leaves il
at S24.3l 500 against S6.3j2,45O al date l So
and Sl3.lCl.4jO at date 1856
The changes for the week Of / S7 were as fol
lows Loans decreased $3.50, 900; cash increased
s31s2. 500: deposits increased sl.925. 700; and
surplus reserve increased g. 70l,31j The changes
for the week Of 1~Se We're: Loans decreased
S7395OO: cash increased S2.372. 700: deposits in
creased 81. 100 500: and surplus reserve increased
S214O.OO0. The changes for the week Of SSl
were: Leans increased S2.3Gj. 700: cash increased
sis4. 900; deposits increased $3.50, 600; and
plus reserve decreased S3j92J0.
The statement compares with those of CORE
spending dates of Ss7 and Ssh follows:
july Q. 1oS1. July O. 1887 July Z, 1882.
Loans 1872 - 500 s3lO173 800 Sj-0476,700
fe ees tenders e 1900 s o4a 1000 ssg 500 500
deposits $40 Op SOP OIGtOO 4l3HlN,NNO
Circulation 100000 To- 800 T7li.S'0
The following shows the relation between the
total reserve and the total deposits at the respect
i've dates:
Spoci" S17.12~FO So. 30 700 SEN '19 zoo
Legal tend rs 1922 300 GlO7A,lOO "0Si@.SOO
Total reserve s0LOI1SOO s9s.G54coo sl27 10. 500
ae'st de osits s7,4co 80 9a25l 80 1os4 77,7oo
Surplus . - 50. $50 $685. 50 81 ,u&soO
Ratio Of reserve
o. deposits
per CEN 1853 1874 3Cs7
Following is Saturdays statement in detail: