New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-15
EFFORTS AT DEPRESSION.
MOST STOCKS RISE, HOWEVER.
THE TREASURY REDUCES BOTH ITS NET
lash AND AVAILABLE BALANCES.


Tho Tinted States Treasurer last week received
from Customs 81 1861 900, and from internal reve-
nue a.. 9s015G; total from both s1tool, Oeo'
AGAINST 81. s92555 for the five days OF the pre-
ceding week During the week the treasury
net cash balance in vaults was reduced sl4 'o,3oo
and its deposits in National banks was reduced
s61ls47 total reduction s2,Os7,247. But as
;ts liahiIitv for the redemption Of surrendered
National hank notes was reduced S1S3,591 the
not available balance for payment OF other tnah
trust indebtedness was reduced sl,3Oo,ooV' Inc
pripcipal changes in the vault Daiances were
made up rs follows: A loss OF soo",VeV goln'
BY an issue of s1,2l0,2eO certlncates less
a gain of $685. 3Ol bullion this, OF course, does
not include the exchange of gold coin lor goiu
certificates which was made at the Sub-Treasury
and Assay Office in Ncw-York last fnday). lhe
cain Of s424.5se to the legal-tender balance was
made by an accumulation OF S5445S6 notes, less
an issue of 81 900 certificates. The loss of
s7o3. O21 in the silver balance was made by
issue of SOL 81 certificates plus loss Of sl,1O2
coin or bullion Allowing for the usual weekly
coinage of 100000 standard dollars, the weeks
operation added to the general circulation Of legal
money over 100000, or $4,000 in excess of
the weeks export of gold, making total addition
TO the general circulation by Treasury operations
since July /, 100000.
suboned are the results OF yesterdays statement
pared with those OF the statement Of July G:
July g. 1859. July 49, 1853. Differences
Gold coin and bull,
less certificates
e9 e2Se sse s4s7ss $50 800 Dcc sCsses1
bss sfS
silver sI GS,l 's:. s sea.
tacstes .'.. s21o47e4 si.s71,74a Dec. 79so2l
Cash in Oo9 58 SAG 45s Dec s1475s 300
DeP tona banks ta 4s2osOa5 425oesss Dec Oie47
Total balance 19I 3Os GsS $3.50 41 Dec s2,os7247
Deduct for funds
N Nat g TX notes. notes.
er cent fand s4o1e4e ssses O4o Dec Sss os7
e snre oe e97 Olo O5 1913 800 Dec 81 1903 $50
BANK CONDITIONS COMPARED.
Rv the operations of the Newly Sub-Treasury
in the week ended Friday evening" which included
tbe receipt of 81 53l $40 for gold taken from the
ASSAY Office for export, and the payment of $685.
G19 for purchased bonds, the New York banks
lost 50 059.53O cash but the amount lost by en-
norris counts in the weeks average for only $780,
600 Yesterdays bank statement of averages re
norris a gain of 81 100000 to the cash average
Following our estimate of a week ago, that the
actual cash holdings at the close OF business FIJI
dav. July 5. were 100000 greater than the
sum of average reported for that week, yester-
davis statement indicates movements to and from
the interior of about equal amounts, ana acUual
cash holdings at the close of business last ruay
evening of about 81 100000 less than the sum
reported as the average of the week. Loans were
contracted s251 $500. The decline of Sl,o4S,3OO
in deposits is $780, greater decrease than the
other changes call for HE statement fesuite III
a gain TO the surplus reserve of 81, 6l2,019, ana
leaves it at SO, 630,1 90, against So i3i,4oO July
IA. 1883 and S7,02G1 90 July lG, 1881
The changes for the corresponding week OF pre-
ceding Years were as follows 1885, loans decrease
y. 076 200, cash increase S4,49s,4OO, deposits
increase 81 1928, 200 and surplus reserve increase
SAL GOO lSS7, loans decrease sl,G66,OOO,
cash increase Sl,42G,l0O, deposits decrease
$500 200 and surplus reserve increase SI,oI5,-
SS0: 1856. loans decrease S1,3ss,6OO cash In
crease Ss45, 100 deposits increase Sl,oo4,gOO,
md surplus reserve increase Si49,415; 1854,
loans decrease 81, 791, 500, cash increase sg,oo2-
900 DEPOSITS increase S9,21S,O OO ana surplus re
serve increase S7,55O,2OO.
The statement compares with those OF corresponding
dates OF 1884 and 1885 follows:
July ~ 's4. July IL, 49, July 13, 80.
Leans Leans ~ S SS SSo s73s $SS
iSgaI tenders 49,. 30 log 400 3s6oS,i9O 4S379l09
Deposits 299,J22Qoo 4ls2Stog0 44Sga9 20o
The following shows relation between the Ota! re-
serve and the total deposits at the respective dates
specie ..... e6s, 612 600 e93 200 s7l2I1 300
Legal tenders .... 3o.12S,4o0 Ss60S.700 4SS7o1oo
Total reservc.. sss,7N.oOo 1872 $4,000 sll7el7 400
against deposits 74sssoOo 1o55s5Oo 11oes 800
p Per cent OF deposits 32.G3 S163 $3.50
The following is Saturdays statement in detail