New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-10
STOCKS STAND FIRM.
BEAR RAIDS FALL FLAT.
THE WEEKLY TREASURY STATEMENT DOES
NOT REFLECT LATE BOND PUK-
CHASES AND IS MISLEADING.
Sunday, March 9-p. m.


CHAsES AND Is MISLEADING.
Sunday, March 9-p. m.
The Tinted States Treasurer last week received
from customs So, 100, 951, from internal revenue
e. s57420. and from miscellaneous sources S27l,-
GA total from ALL ,005, against $780, 20
for the preceding week. During the week the
Treasury purchased S3,330,SO0 Per cent bonds
and S547 500 1-2 per cent bonds; total pur-
chases. S3,s7s, 500, calling for disbursements oil
over 400. 900 cash, of which sum less than
100000 is reflected in the Treasurys weekly
statement because the bulk Of the purchases were
made on the last three days of the week As
compared with the statement of March 1, ycster-
davis statement shows gain to the net cash IN
yaults of Sl.1s5Oss and reduction in the
amount Of its deposits in National banks OF
60 525559 making total reduction in Its net
rash balance of 81 ,34O,47l. AS its habIiitics
for the redemption of National bank notes were
reduced S4625 41, its net available balance over
+rust liabilities was reduced only SS11,921, put
IN this reduction is to be added the payments lor
So SOC. 900 bonds purchased late in the week
According to the statement the changes III
the vault balances made up as follows
An increase of $2,612,435 10 'he eoiu
baance by an accumulation OF Duhloh'
ESQ o3o Mus reduction IN the
amount of outstanding certificates OF S2,o<o'ooo ;
loss TO the legal-tender balance OIL Soso'i-'' ~
a loss of S1,235129 notes, less leuuc'ion VI
$500. 900 in the amount OF OUTSTANDING WI
fificates: loss to the silver balance Oh 900
vl9 by an issue of certificates Sl'o4o,oo', "''
an accumulation of S567,l4o coin anu o"i'i'"
Auovno for the usual weekly coinage of standard
s;lver dollars the Treasury absorption Tor 'ne
week according to the statement was Sos''ooo
fl,a ,liShu
of the late purchases of bonds Will MAKE inc
addition TO the legal money III scn'i"'
over 100000. .,s
Subjoined is yesterdays statement 'o'"P"'N"
with that of March
"''" '''"' Mar. !. 90. Mar. s. 30. Differences
Gold coin and bull,
and soyvoo' oss o4s 500 COL 1888 Inc s2612 40
%Ss' notes. S ssssl sss5 SO Bee ''s aSS
Silver a dollars and
p sacates s'' Ger 2455esio os7scs9i Dec 7739'
c.., in ,easvsl2e47 49, sI27 oes525 Inc os9
DEPOSIT; n ina Na e17saoa 25c527i5 Dec 25,555o
r., e507li s15s,3iC go Dec. sl,sio,iI
DEDUCT s'f for P funds
held to TO-. redeem et,eI
1 neS sen, snS 100 ee1eas De- 462
Net available oa o2a o51 ss41a5o27 Dec. ss77,92i
BANK CONDITIONS COMPAkID.
Rv the operations of the New-lork ub-Ireasury
in the week ended last Friday evening" WHICH,
included the receipt of $960,496 for exchange OH
other Sub-Treasuries, and the payment OF gil
$40 for purchased Government bonds ana S'-o'-
244 of Pacific Railroad bonds-total payments ioi
bonds sl.eO7 O93-the New-York banks lost
81 02s GIL cash. But up to the close OF pusiiicsS
Wednesday night the loss was over S3,0Ooooo' 50
Su h-Ir
over 81 600. 900 since Wednesday counts for less
than 100000 in the bank statement OF averages
for the week Yesterdays bank statemen, oil
averages reports loss of cash OF Si.lOoi W
from the average of the preceding week Inns
indicates an interior movement OF cash ex 'he
Treasury that against the city. But the ia'e
disbursements by the Sub-TIeasnTy Tor purchaser
bonds probably left the cash holdings at the close
of business Friday about 81 100000 greater
than the amount reported for the average oil The
week BY the voluntary liquidation of mercantile
and stock loans, the aggregate OF tne ioahs was
reduced $3,4sO,s00. The decline oil olo.VOV
in deposits is only 100000 greater decline IMAM
the other changes call for Inc stateen. sno om
a loss of S2,l52, $50 to the surplus reserve ana
leaves in AT S2lls5O against SS,j4s30O March
9. 1889: Sill ,4s7.3OO March 10, 1883, ana
s7.99s,35O March ~, lS 1887: ,rosL n
The changes for the corresponding week oil
preceding wears were as follows: lSs9-loanS IN
crease 81 ,069, 100 cash decrease S5,553,3Oo, de-
posts increase S675.sOO ana surplus IeSfi'c uc
crease 1922, $50; 1sss-loans increase Sl,ooo,-
500. cash decrease 81 10000, deposits increase
S6Os, 400, and surplus reserve decrease Sl,2o',-
400: 1ss7-loans increase $1,000. cash decrease
$1,375,900, deposits decrease Sl,i44,soo' ana
surplus reserve decrease 81 ,Oo0.1Oo
suboincd is yesterdays statement compared with the
corresponding 1899 and 1855
Mar 10. 80. Mar. .. 80. Mar. {. 90.
ro.ns ~ 1868. 1877 100 s417 .O70 800 5406. go 100
Specie .........- a 1872 800 s297G dGo 33g5 300 300
Dennosts - 37s 81 600 43e 40 800 41o 200
kircuiation . 7.6325OO 4,35f 100 BATE 200
The following shows the relation between the total re-
erve and the total deposits at the respective dates:
Syecie - s74 1872 300 S.. 976 100 81 36j 900
frral.tenders - 81, G34 400 3j,26i 900 zJ,ji1 600
Total slO6 O20 200 900 sl02 ol2 800
Reserve required -. 80 90 -oo so 20,
against deposits. 9io39 400 l09oJZ'OO iVz 'o ''o
Surplus ...... sll 4s7 800 s54s 800 s2ll $50
Per Of deposits 3SO3 -o3' -o'of