New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-07
A DULL WEEK IN STOCKS,
GOOD BONDS WE'RE ACTIVE.
THE DOUBTFUL STATE OF RATE-CUTTING
IN THE WEST WORKED FOR DEPRESSION.
THE TREASURY STATEMENT.


Sunday, Jan. 6--p. N.
The United States Treasurer last week received
from customs s3,947,3s7 and from internal rev.
enue s2.l1s,s77, total from both, s6,066'264,
against s4474,463 ;or the preced week. Ac-
cordino m Yesterdays Treasury statement its
changes ~ cash in vaults from what they were
h., +ba montblv statement of December 81 pub
lisbed in The Tribune January Al were insig-
rianart showing a net loss Of sl23. 1877,
made mn as follows: Gains to the gold balance
s451.5ba and to National bank notes slss,3oo,
and losses TO legal-tender notes s177,49s and to
silver s5e614s. 1t should be remembered now
ever. that the weeks payments py ouo-lreasurers
for purchased bonds and the January interest are
only partially reflected In the changes oecauSe
the reports of Sub-Treasurers by mail WIN the &c
companying vouchers had not passed through tne
books of the general Treasury government de-
posts In National banks were increased about
5000 600 SO that the apparent gain to the Treas
rrrss .ash s;nce December 81 was about $500, 200.
But its liability for the redemption of surrendered
National bank circulation was increased
So s2a so that its surplus reserve was reduced
SO, 32s, o04
BANK CONDITIONS COMPARED.
nv the operations of the New-York Sub-Treas-
urv in the week ended Friday evening, which In
alluded the receipt Of $4,000 for exchange on
other Sub-Treasuries and the payment Oh ssse,zoo
for purchased bonds, the associated banks OF New
York gained s2,242,5s9 cash The weekly bank
statement Of averages issued yesterday reports
rain OF s3,202200 cash. As the gain from the
Sub Treasury was made late in tho week. 1t would
scarcely count In the averages for more than
$500. 600 Therefore, the remaining gain oil
81 90, 600 to the average cash reflects large re-
ceipts from the interior, and indlcates that the
cash held at the close Of business FRIDAY was con-
sIderably more than the amount reported FOR the
average of the week. The loans were expanded
S353S,2 200 Tho increase In deposits ~, 60l, 500
Is s24O0,O00 greater than the other changes Gall
for; but In this instance the discrepancy may DC
accounted for by a transfer OF BANK nvidends
from profit and loss account TO deposits Inc
statement results in increase OF sl0ol, 100 IN
the surplus reserve and leaves IL OF $1,533,loo,
against s1O,s26,7 25 January 2, 1855, and
SlA7s6,675 January 8, 1881 .
The changes In the week oil s6o wore as 1oE
lows: Loans increase s3,530,50o, cash increase
s., 254, 100, deposits increase ST. ,eiGl0o IAN In
crease Of ST. 600 greater th1n the other changes
call for) and surplus reserve increase $2,26I,oIo
The changes for the week OF 1897 were Loans
Increase "a, 7e1, 500, cash increase so,252,soO,
deposits increase sI0S70, 800 and surplus reserve
increase s2515,325 And the changes Tor the
week of 1882 were: Loans increase 50, $4,000,
cash increase s4,i67,300, deposits increase
So 81 5000, and surplus reserve increase
81, 065, 500.
The statement compares with those Of corresponding
dates OF 1882 and 1888 as follows: