New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-12-16
BONDS IN DEMAND.
STOCKS HARD HAMMERED.
THE TREASURY REPORT STILL BEhiND AN
REFLECTING ITS ACTUAL Dlopon''H
MENTS FOR BOND PURCHASES

pEFTFCTING IT'S ACTUAL DISBURSE-
MENTS FOR BOND PURCHASES
Sunday, Dec. 15-p. m.
r y,.,.,s States Treasurer last week re-
..,,.a from customs SO, SOL, 062. from lnterhai
revenue se.e27643, and from miscellaneous
sources s1.A3l29 total from all shooi'o's'
aqaiust sL97559S for the preceding wceh'
nnr;ns the week tie Treasury purchased sS'sSo'-
100 4 per cents and s1,2os,25o l-2 per ceh'o
total amount for the week So,2o4,ooo' VI
course the Treasury's weekly statement Vi cash
only partially reflects the payments made Ior 'he
hond nurchases of last week The total bond
nurchases made during the last two weeks-slnce
the notice of an intention to reduce the deposits
An National banks was issued-exceeds 10000
ooo Over s6.OOOO0O of this amount has been
sales of bonds pledged TO secure Government cash
denosits Yet by Yesterdays Treasury statement
the amount of such bonds withdrawn from the
Treasury was for the two weeks only s4,l5S,oOo
and the cash deposits during the same period hao
neon reduced ONLY s3,406 SOC. The discrepancy
between the actual amount Of bonds sold am
those reported TO have been withdrawn arises
simply from the delay in carrying the various
entries through the Treasury books Inc coiu
paratively small reduction in the amount OF c"sH
deposits probably is because OF an increase
clusively in the active accounts where the ue
posts were not up to the amounts perniiV"i =,
the bonds held The Treasury statement VI
cash as made up yesterday unquestohaop ~
cludes at least s2,5OO,00O of money already pau
out by the Sub-Treasurcs and yet TO De pau ou0
for purchased bonds, including YESTERDAY pun
chase of $500, roo of which only s35o,ooo canne
from depository banks. e.,
The statement as il appears shows d loso ioA
N. weel, 10 the cash in vaults of s474so4'
tbe statement shows that nearly Sl,2OO,OOo OF
,sc,, money was added 10 the general circuh-
tion. The decrease for the week of deposits IN
National banks was s2,13sS31, which makes
fatal reduction in the cash balance of 81, 6l3ls9
The liability for the redemption Of surrendered
National bank notes was reduced S4l7,O17, so
that the available surplus was reduced s2196,llS.
Subioined are the results of yesterdays state
ment eompared with those of December Z:
Dee. T. 49, Dee IA, 80. Differences.
Gold coin and bul.
soo se.ry s4eo7se sss 7995o1 Inc ssss512
S.Ss notes a: ST. 1883 Gs53iS 4 nSs i dS
t Hq less 1so7s9o 21O7oes7 Inc. 1so1777
Cash in reasuys1e5 AGO O57 1924 1873 Dec. s474sG4
De ticnsi banks. ns55s7s sa217ei2 Dec 21s8Ss
Total balance s1O0 o2o s1e4 2O2 s25 Dec s2O1s195
Deduct for funds
Se,a e Tx re SStes,
Including the )
per cent fund 7o495'i9o 1o'V'ollo Dec' 1i'VI1
Net available bal ooo 90, 400 ,os 7o7 Tao 40 ,os ,,s
BANK CONDITIONS COMPARED
By the operations of the New York Sub-Treas-
ury in the week ended Friday evening, which in
cluded the payment of 81 1925 for purchased
bonds and the receipt of S2,439,000 for exchange
on other Sub 1reasures, the NewIork banks
gained 81 ,679.56S cash. Yesterdays bank state
ment of averages for the week shows IA gain of
s1lSO, 500 cash over the average of the preceding
week This indicates that the interior movement
of money, other than through the Treasury, was
slightly in favor Of this city, and that the actual
cash held at the close of business Friday was
greater than the average of the week. The con-
traction Of ABB 200 in loans is largely due TO
the sale of bonds pledged to secure Government
deposits The decline of 81, 9s7, 500 in deposits
more nearly than usual agrees with the decline
which the other changes call for. The statement
results in an addition of 81 927, 500 TO the sur
plus" reserve and leaves il at $3.50 $50, against
s0672,2 25 December 10, 1885 S7,92SiO0 Deem
Der II, 1887, and S4,OOS,2OO December H. $50.
The changes for corresponding weeks OF pre-
ceding years as follows 1sSS-loans decrease
1900, cash increase So 222, 600, deposits de
crease s9o3,200, and surplus reserve increase
S2468,400; 1SS7-lOans decrease 50, 6S2, AGO. cash
increase 81, 6S6,500, deposits decrease 81 3S,oOO,
and surplus reserve increase 81, 72l 200; 1886
loans decrease So 800 cash decrease 81 ,61o,-
400, deposits decrease 2,4OO, and surplus re-
serve decrease S12,3GO.
The compares with those Of corresponding
dates OF 1887 and 1883 as follows
Deg y s5 200 Ps s y "a R ssS i 80
Specie ............. 69.cs3G00 79l 900 75o52,200
Ieeal-tenders -. 20 10000 3l,lJ5,500 2G,45S, 600
Ieposiis ..... 35l Jos 4O2 $50 100 395GO0, 600
Circulation .... S03660 4,JoO,3O0 1908, 600
The following shows the relation between the total re-
serve and the total deposits at the respective dates
Specie .. 500 Os3 800 s79 122.5 800 s75.072, 200
Legal tenders 20 136 800 3l,lJ0,1OO 2o4oo,oOO
Total 595S2O1 100 sic, 100 lOlooOoOO
Reserve required 90
against deposits S1,S9l,7OO 1OOOio,Ho voVOO;loO
Surplus ........ s7,s2s4Oo s9.e72.225 5000. go
Per cent OF deposits 2125 Zf4O 700
The following is Saturdays statement IN de
tail:
Banks. Loans. Specie. Legals. Deposits.
Bank Of " 10,70O 600 2l5o0 00 100000 10 go @
titan L.