New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-21
ANOTHER DULL WEEK.
WORKING FOR DEPRESSION.
THE TREASURY PAYS OUT GOLD AND TAKES
IN SILVER-A LARGE GAIN TO THE
SURPLUS


SURPLUS.
Sunday, JAN Pop m.
The United States Treasurer last week received
from customs "a, 337 $40 and from internal reve-
nue. S246s,O 22; total from Doth s@soo,D 92
against 81, 331, 3I4 for the preceding week Dur
ing the week the Treasurer's cash balance was In
creased 81, $50, 1856 by an accumulation IN vaults
of ss65,559 and by an increase IN tne deposits In
National banks Of 81, 994,796 Inc principal
changes in the vault balances were BIZ loss OF
Al 99z2s4 gold, gain in silver OF Sl,6O9O4S,
and an accumulation of National bank notes
principally in process of redemption oil s952,o7S
The issue of gold certificates was increased
s2O07517 against which there was an aocumula-
ZION % bullion 10 the amount of only S10.233.
There WAS an accumulation Of silver dollars to the
amount of sl,251, $50 and reduction In the
amount of outstanding silver certificates Of
so57 7o8 An increase IN the amount OF legal
sender notes on hand of 81, 641,222 and ON in
crease of 81 .21 900 in the amount OF outstanding
certificates marks the accumulation OF money at
the financial centres.
Tho net amount of accumulation in the vaults
was only about $3.50 900 greater than the weekly
coinage of standard dollars After the payments
for nurcbased bonds which were made by the
Sub Treasures during the week are written up
at the general Treasury, II probably would appear
that instead of any accumulation IN the vaults
there was an actaal loss of about 81 ooOO OO. The
Treasury reduced its liability for the redemption
Of surrendered National bank notes sl,o5oS93,
so that the statement Of the weeks gain to the
surplus appears to have been ss,olo,74s
n,,sS % h sss N he Statement q January G
P"''- WIN Jan. IL 1889 Jan 10, 1859. Differences
Gold coin and bull.
less certneates
IseIS SOS sle sse67T o5s Dec s1,oo7os4
u S. notes less oo, -. 40, ooo
SsSa note. GSa Inc me S
Silver dolrs and
HacSses i''' ee ao5s5s5s 2a1asos Inc 1902 o4s
Cash m 722 SOL s15 40 Inc $685. $50
Dt tiona banks "a 44s7O5 Is5o5ol mo 1os47oO
Total balance 10s os7 0ie $500 o71 Inc s2s6O s55
Deduct for funds
held % redeem
per- ef' cent fun4 oe2iessc s61oeS7 DEC 1oSosea
balance s1o1 s76 goo s1o5 7soo1i Inc 90 sio.74s
BANK CONDITIONS COMPARED.
By the operations of the New York Sub-Treasury
in the week ended Friday evening which included
the payment of s2,102, 756 for purchased bonds,
the New York banks gained s2s9l ,o75 cash. Yes
terday's bank statement OF the averages for the
week shows gain OF So, 900, 900 more than the av
erages Of the preceding week. The banks gain
from the Sub-Treasury during the week would not
count IN the averages for a gain OF over $1,000
600. Accepting our estimate of a week ago, that
the cash was then 81, 100000 more than the av-
erage Of that week, the remaining gain 20 the
average Of last week is 81 100, 900, which reflects
large receipts from the interior and indicates that
the actual amount Of cash held at the close OF
business Friday was at least 100000 greater
than the sum Of averages reported in the state
ment Loans were increased s3,0o7,5oo. The gain Of
So los, 900 TO the deposits is Si,400,000 smaller
than the increase the other changes call for. The
statement results in gain 10 the surplus reserve
Of ss4so,OOO and leaves It at sls,o2s,55o,
against s2O,9l4,475 January 81, 1855. and
Hs.7e6375 January %, 1887.
The changes for the corresponding week OF SSS
were as follows: Loans decrease, sl,40600O;
cash increase. s5,577.2Oo; deposits increase,
slsi6OOO, and surplus reserve increase, s5,l 2S,-
200. The changes for the week Of 1857 were
Loans increase So $50, 500 cash increase 1852,
600: deposits increase, S5,s73,3 800; and surplus
reserve increase, 81 81, 575. The changes Tor the
week of So were: Loans INCREASE, sls5l 800;
cash increase S3,56p,4OO deposits increase,
1899 500, and surplus reserve increase, S2,42l,-
025.
The statement oOrnpsres with those q corresponding
dates OF lSsa and 1sss followsi
Ian 81 80 Jan 81 80 Jan. N 80