New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-09-23
PARALYZED BY A BUGABOO.
AN ANT ROUTS THE ELEPHANT.
BOND PURCHASES AND LARGE DISBURSE-
MENTS BY THE TREASURY EXPAND THE
GENERAL CIRCULATION OF LEGAL
MONEY
Sunday, Sept. 22-p. m.

MONEY.
Sunday, Sept 92-p m.
The United States Treasurer last week received
from customs 81 SOS, COS, from internal revenue
s2,765,36s and from miscellaneous sources $685.
7O7: total from all, $3.50, 6s3. Yesterday S
weekly Treasury statement shows a loss to its
net cash in vaults Of 80, 62l 1885, and the state
ment does not reflect the payments for small
portion of the more than So, 000,000 worth OF
bonds purchased during the week. But exclusive
of such further deductions yet TO be made, ana
adding 5000, 900 for the usual weekly coinage OF
the standard dollar, the Treasury last week added
TO the general circulation Of legal money s2,9OV,
COO AS compared with the monthly statement
Of August 81, the three weeks addition TO the
general circulation Of legal money amounts to over
so, 10000 The deposits in National banks were
increased s344, 406 during the week. ana the ha-
bilty for the redemption OF surrendered National
hank notes was reduced to s740,440. Hence the
net available cash balance was reduced Only
81, 1916, 200. The principal changes IN the vault
balances were made up as follows. the gam 10
the gold balance of s2,41s,06l by an accuihu "-
ton of S475, 941, plus reduction IN inc aihoune
Of outstanding certificates S1,942,l2O; the loss OIL
S3,449,4s6 to the legaltender balance by loss loss
Of So, 1094s6 notes, less reduction oil s~Oo'VV'
in the amount of outstanding certificates anu INC
loss to the silver balance by an issue OF Si'62'
I "a certificates less an accumulation of S3lO,2o4
bullion and coin.
subonea are the results OF yesterdays statement com
,, with those O, the weekly statement Of September II
Sept H. 1889. Sept 81 1882 Differences.
Cold coin and bull.
Coo reserve. $50 os7 $40 ss55Oe,O31 Inc s241S'ooi
Certificate nH " 2s 55s71s 251o9 232 pee s54494sS
Nat hank notes 30G659O 3G92,7oo Dec. 21S'SS2
u 1te ''' q 7os74s 90 1872 94 Dec. 1Sl5s29
Cash in 7412 OF s1S4 7oOs85 Dee So o2l 1876
DenS oaal ba n Ha 4o572a7 42Oo Inc a44o5
oto, balance 0O9 25s $40 1872 52s Dec. 2707So
Deduct for funds
Ssa Z tx rT notes.,
pef eene fan6 7sa.a5ao 100000 Dec 74oo
Nes sys"Oi' 72572o e0s 49o Dec s159Ge9o
BANK CONDITIONS COMPARED.
BY the operations OF the New-lork Sub-Ireast1y
in the week ended last Friday evening, which III
cluded receipts of So OO4 600 for exchange on other
Sub-Treasuries and the payment of Sl,2j0,206 for
purchased bonds-which does not include Friday
purchase of SII63, 000-the New-lork banks
oained s5O3436 cash Yesterdays weekly bank
statement of averages reports loss oil S4I9O,4OV
cash Following our estimate of week ago, thaV
the banks tnen neId dDOuC S~,OVOjVVV 4'1' N''"
than the average holdings of that week, yeNter-
days statement reflects shipments to the INFERIOR
other than through the Treasury OF over S%ooV,-
600 cash Yet our estimate of the statement
leaves the actual cash held at the close o! buSl,
ness last Friday evening at about the amount OF
the average of the week. and that the statement is
made up on a rising average. Inc IodHS WcIc
practically unchanged-a reduction OF oh i!y
81 co. 900 The decline Of 81, 14O1OO In depoSlCs
is Just about the amount OF decline that the oincr
changes call for. The statement results IN loss
to the surplus reserve Of and leaves
it at 81 ,979,4O0, against 81 ,493, 72o September
%, 1888, S5,s1G,725 September "a, 1887, ana
S9,070,875 September 25, 1856.
The changes for the corresponding weeks OF
preceding years were as follows: 1883, loans
decrease s492, 200 cash decrease s7997OO, de-
posts decrease Sl,279,400, and surplus reserve
decrease S470,s50; 1884, loans. decrease
S667,300, cash increase 81, 100000, deposits
Sl.997,O50 1886, loans increase Slf6lVo'
cash increase s1,72S,60O, deposits increase
sl313.4OO and surplus reserve increase
1887, $50.
The statement compares with those of corresponding
dates Of 1887 and 1885 follows:
Sept a s7 Sept % 'ss Sept ISa a. q, 49, So;
50 49 1890 s5ISS 4S
The following shows the relation the total
serve and the total deposits the respective dates
fe esa tenders @ 2o77o,S0O 3l'92leOo 1850
Total reserve s01 800 700 s118 900 s1O7 o2 800
Regain against deo So isso75 1o577275 1o5ol2oo
srrD,u, ........... s5sIG.725 sIl,01s725 sl979lo0
Per cent Of deposits 2G.7o 1913 2'47
The following is Saturdays statement in de-