New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-01
BULLS MAKING PROGRESS.
THE MARKET CHARA CTERIZED Bf Nv
CREASED CONFIDENCE.
THE TREASURES SURPLUS MELTING.


THE TREAsURY'S SURPLUS MELTING.
Sunday, Sept. 3O-p. m.
The United States Treasury received from Gus
toms last week s4,141. u.s. and from Intcrnai
revenue s211sA26-total from both sO,ooo'ii .
AGAINST sz1Oo304 for the preceding week.
Bv tho payments for purchased ponus
and other ordinary payments the treasury 5
not surnlus was reduced during the week
an 600. 776 according to its statement Oh yesHp'
dav. The reduction was made by losS W
its balances in vault of S7O9o,1Sl, by reduction
Of deposits in bank si,40s,722, and by an III
crease in its liability for the redemption OF sur
rendered National bank notes OF Sl,ooi, %"
Tho chances in the vault balances we've made by
an issue of cold certificates 81, 1874, 800, less an
accumulation OF bullion S572,252, by O loss Oh
LEGAL tender notes g. 7s9,4sS. less reduction IN
the amount of outstanding certificates sioo'oo
and by an issue Of silver certificates 81, HV'ao''
less an accumulation Of bullion 5lool" Inc
addition 10 the reduction OF the vault paihnce9 VI
s7OO 600 for the usual weekly silver coinage giVes
about sZsOO,0GO as the amount added 10 ,'o
lpqal money circulation during the "ech' 10y
ros,erdov,s statement the Treasury holds of Gold
silver and leealtcnder notes sl5,ooOooo less 'nan
IL hold bv the monthly statement Of August 81.
Tho silver coinage uuTllS tic ii"'i'H
90 soo 600 This gives as the addition TO the
general LEGAL money circulation for the month
81 8, 300, 900.
ubio,pea arc the results Of ycsterisys statement COM
narcd win those OF tho statement OF September y;
sept 90, 1883. Sept 90, 1888 Differences
Gold coin and bui.
ara S1oi oo5 sos o159G7 Dec. sS7G,o35
Gates less 4eo1o1ot 4oesaee Dec 1s3asss
Nss bank notes 0772s30 0453,oo2 Dec. a9'sS'
t Gfpn ess Get 444so5sO 40 727soo Dec l7o322i
Cash f., rre,sv si95 200 AIS s1ss 100 s9i Dec 5s1
Ds sSSa b an Sa 51osa 5eo555ol Dec 14os722
ro,, balance 1888 se1o 1856 Dec IS sos sos
Deduct for funds
he'd held t 70 redeem 1ee,a
ber cent fund eoi 9199674 Inc 1ooi47S
NSs SVaaos 5s7 SIG soes1 Dec go 5o9 7e
BANK CONDITIONS COMPARED
By the operations of the Sub-Treasury in the
veelx ended Friday evening. which included its
payments of s11 ,3fssIO for purchased bonds, ana
receipts of S2I3O, 900 for payments to be made al
Southern and Western Sub-Trcasurles, the New
York banks gained SOL 1s3 cash Our estimate
week ago gave the banks about $1,000, 600 more
cash. as their actual holdings, than the average
reportcd for the week in statement of September
% or the banks total gain from the Sub-Ireas-
TRY the last week, 100000 was made Oh sat
urday and Monday. Yesterdays bank sthUe li ~
shows q gain to the average cash for the week OF
only S3AI4 900 which indicates net movement
TO the interior beyond that made through ,he
Treasury of about $1,000, 600. ana Indicates that
the actual cash holdings at the close oil business
Friday evening were sl.jOO,OOO greater ulial inc
sum reported IN yesterdays statement ior cn we
avcra &c Of the week. The contraton Of $500
600 in loans reflects Government purchases OF
v-hlc
sion made on other cOllaterals. The increase
Of s24O5, 800 i'll deposits Is about SfOoVrV
smaller than the amount Of increase that the
o her changes call for The statement result"
in a cain to the surplus reserve Of 1880,
and leaves il at STA, 1911 IS, against So,Ol hlOO
October /, 1884, and 50, 963, 925 October > looS'
The changes in the week of 1887 were as lol,
lows Loans decreased 81 ,633,f00, cash increased
s11 70 900 deposits increased So o90,l 90 and sur
Mus reserve increased S3,20036j. The changes Tor
the week of $50 were: Loans increased -, "
OOo cashed decreased $500 sOo dep9S oroos u
s3lI5,9oO The changes for the week OF 1851
were Loans decreased s2.l 900. cash decreased
S., 66S. 100, deposits decreased %, .VV w. anu
surplus reserve decreased si,2lo'ooV'
The statement compares with those OF corresponding
dates OF 1881 and 1887 as follows;
oct d, 800 o ea so 100 Sept &c. % e So
f fpDsscads;::. isa?s sSs s, sSS
si'i ' 5000 ''S 1900
The following shows the relation the total re-
serve and the total deposits the respective dates
s seesaitcndcrs. . s5o5co 5055Ss0o siG0o5O0
Total reserve. 500 s05.47seOo sllC,935,oOo
N against deposits 77129025 so45o5Oo l78725
sur,Ius ........ ,$2,750O25 e9Ol7,1OO sl4,757,l75
/ Ratio OF reserve to 80, o-oo o0o,
deposits per cent -fll -''''
.Deaclt.
| Following is Saturdays statement in detail