New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-08
A RARE BUSINESS OUTLOOK
THE TREASURY LOSES CASH AND REDUCES
ITS AVAILABLE BALANCE.

Sunday July Up. m.
The United States Treasurer last week five
days) received from customs 3,219,S21, ana from
internal revenue S2,672,72S; total from Doth
SIS 500 555, against Sc G97, SOC for the preceding
week. During the week the Treasurys net cash
balances in vaults were reduced $1,000, 1853; the
deposits in National banks were increased
s7l .06l; total reduction in the cash balance
s4.2206 sos. The liability for the redemption OF
surrendered National bank notes was reduced
S7sI ,533, so that the net available balance shows
a reduction for the week Of S3,A4Sl62. Inc
gold loss of S3,371,407 was made up By loss OF
bullion of s2,263,2 07 plus an additional issue oil
certificates Of 1890. The loss Of $685. 40 from
the silver balance made up by an issue Oh
certificates ss47,5s0, plus gain in bullion ana
coin s264,410. Allowing for the usual silver
coinage of $500, 900 for the week. the Treasury
operations last week added to the general cir
culation Of legal money nearly s5,OOo,ooo.
subjonea are the yesterdays statement com
pared with those OF the statement OF June 70;
June %, 1882 July O. 1850. Differences
Gold coin and bull
e reserye $50 c21 ose $50 s43 7s9 Dec s3377497
SiS s45s s5sSSSs Dec Dee 1889 1882
t pT,,aIe 32747osi 321s47o4 Dec 5ss,17o
Cash in 400 500 el1s 75a Dec $4,000 75e
Dep I,oaaI ts 4s1s7s 4s2osas5 Inc 7ooi
Total balance 5ss $50 s1oi 8ss Dec 81 800 COS
Deduct for funds
s Sst. g S'k ff notes
n nsU esn fuSa IS sos17o se GAG Dec
Ne anse s1oO o42 Dec ss4ls1o2
BANK CONDITIONS COMPARED.
By the operations of the New-York Sub-Treasury
in the week ended Friday evening, which included
the payment of s1,I35,44O for purchased bonds,
the Neay.York banks gained 1921 $3.50 cash
Yesterdays bank statement of the week averages
reports q loss Of Si,l265O0 cash-se42, 900 specie
cain and 81 .o6e.40O legaltendcr loss. Following
our estimate of week ago, that the actual cash
holdings at the close of business Friday, June -,
were 81. 500, 900 less than the sum reported as
the average of that week, yesterdays statement
indicates shipments to other cities and the IN
terior of about $4,000, 900 during the week, ana
that the actual amount of cash held at inc cioSe
of business Friday evening was about 81 oOo,ooo
greater than the sum Of the weeks averages US
reported in the statement. There was a 1urt ne5
exhaustion OF SIS, 94e, 700 in loans, whch sWeHfu
the deposits So, 100, so0-S9o0,OOO more lncIea S
than the other changes call fOr-whereDy thc 20
per cent rule of reserve requirements was IN
creased s1447,7o0 Therefore the statement re-
suits in loss TO the surplus reserve OF SS5ot
200 and leaves il at S., 5000, aganst s%a,-
3i6sOO July Z, 1888, and s6,952,45o July u
1882.
The changes for the corresponding weeks OF
preceding years were as follows ISIS. loans o AZ
crease $780, 900, cash decrease l,loo,4oo, ue,
decrease decree H s2.5o6IsS; 1887, loans decrease
s3,370 800, cash increase So 500 deposits IN
crease 81 625.70 and surplus reserve }ncrease
SO. 7Ol 375 1854, loans decrease sS4 61Q can nn
increase 81, 2I 800, deposits increase sll4o' 'oo
and surplus reserve increase s3lSl,l IS.
The statement compares with those oil corresponding
dates OF 1854 and 1855 follows: 49,