New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-15
STRENGTH AND CONFIDENCE.
STOCKS SEVERELY TESTED.
BoND PURCHASES RELIEVE TIE NATIONAL
TREASURY.


Thu United States Treasurer last week received
from customs si.37O O32, and from internal rev.
orno go 7321s0-to.al from both S7108,1l8
ocninst s66GG,070 for the preceding week n
comnarson OF Yesterdays Treasury statement OF
balances with that Of week ago falls to rellcct
Tho results of last weeks large bond purchases nc
causc the greater portion of such purchases mas
not vet passed through the books OF the general
dcnortmcnt The comparison shows, however, that
,be net cash balances were reduced Sill 800
bv reductions of 81 ,3O0,SG6 in the vault balances
and siOG3s7 in the deposits in National Danks
Dv nm increased liability for the redemption oil
eurrendered bank notes Of S66910O, the surplus
balance was reduced s2,3s5,i43. To these reduc-
tions there should be added at least slO,oop'Voo
for bonds already paid for but not yet crcui'eu u
the discussing Sub-Trcasurics
crhoined arc the results Of Yesterdays statement COM
- r,,h those OF the monthly statement OF October u;
''''' Oct, @. 1888. Oct. 10. 1885. Differences
Gold coin and bul.
ard sl9ooooooO so5 600 ss5 eos 1oo 2o7 Inc. s2oh2
' sS5ssiS Dec SSf
N N,1y.r na aaT'r sO ana
bgMion less GER 20 100 COZ s711seo5 Dec 2.ocoeoo
IN r,ea.v $50 io2 $50 s17s 7e24s7 Dec $1,000
Deposit, h In Ns 80 sso74 o7Ass7 Dec 4oeas
,,,.0o. sos2 4s3 Oo7 $3.50 7oos44 Dec. si7le.25
Deduct for funds
lheli t 70 redeem deem
including the nsd o.. ssoo4 o5 so5 o44 Inc. eoo1eo
Nes sf37s47oi3 s135 46t GOO Dec s2SS51 Aa
BANK CONDITIONS COMPARED.
Bv the operations Of the New-York Sub-1reasury
in the week ended Friday evening. which IN
cluded the payment of s14, $40 800 for purchased
bonds and the receipt of sl,150,00O for exchange
on other cities, the New-York banks gained slo
| 624.396 cash Our estimate of a week ago lett
the banks with about 100000 less cash than
the amount shown in the statement OF that date
That discrepancy from the averages Of that week
counted in the averages Of last week ior us
full amount as loss. OF the gam from a ,de
crh Treasury last week s., 100000 was made
Thursday and Friday, and therefore counts IN yes
| tcrdav's statement for gain or only apouo
| 81 2OC 600 Yesterdays statement shows loss
to the averages of s676,2OO cash ms lnuica ,e
| n net movement of cash to the INTERIOR other
| than that sent through the treasury, OF ABOUT
| 81 OOO O0O and indicates that the cash holdings
at the close of business friday evening VT W.T.
| about sl1g75O0 1000, or S6,0O0OOO more than
| The average holdings Of the week lcster1hy
the banks made further gains OF over si'0Uo, wv
from the Treasury. An expansion OF sl,ooo'-
500 accounts for increase OF 81, 80 1OVO Ill uc-
| noslts The statements figures reduce the sur
Mus, reserve Sl102 $50, and leave it at slO,3l4-
$50, against s7,20G,2OO October 10, leo" ana
| 81. 6lS.9 OctODcf 10, sou,
In the week Of 1887 the changes we're as FOL
lows: loans increase 1851, 900; cash increase
| s361. 700: deposits increase si.eol,OO ana sur
plus reserve decrease sS52,550. In the week
! of $50 the changes were loans increase Sol,4uO
| cash decrease S@07,100, deposits 'crease $50 :
| 600. and surplus reserve decrease 1882, $50 IN
the week of 1881 the changes were loans de-
crease S7.775 600. cash decrease s1,4O9, 500, de-
posits decrease So $40 900, and the deficit in the
| reserve decreased Ssl04OO.
The statement compares with those of corresponding
dates Of 1881 ani 1887 as follows;
Oct 49, ISL Oct. Is, 's7. Oct 10 'ss.
roar. 1918 3fs 900 1881, Si2. 700 1897. 2i3 200
Specie 5!so72 geo q 359 500 s 80 go GOO GOO
6ensl,s 900 on 900 355 255 900 IA 469. SOC
| Ci,t"nlation . 10 500 100 S.o0l,7 200 6,5l9 300
The following shows the relation between the total re-
,ervo and the total deposits respective dates;
| snocIo s5a. sO7, 200 ga, $50. 500 ss5, $50 600
| Legal-tcnder 1ol74oOo 2l'ol4'ooo -o,ooZooo
To,al reserve 500 $751; 700 900 074. 900 s113 032 900
| Reserve required o--- eao,oo oo "a, o,- .-o
against deposits. 125O4'5Io oo'olo'ooo iVo'ol'ioo
surn,u, ss2 522s75 $1,000 200 slo.sl4 $50
| RAJ Of reserve to 49,, on. o. "a
deposits. cent 2i'io z'o4 %'''o
]
'Dc1clt
in datan