New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-09-14
NO REACTION IN STOCKS.
MONEY ACTIVE AND SITFFER
THE MARKET AT NO TIME DEPRESSED
MORE GAINS THAN LOSSES.
Sunday. Sept. l3-p. I


The United States Treasurer last week received
from customs $3,29o,el2, from internal revenue
60 6l1 .eO4. and from miscellaneous sources S1l4,
$40; total from ali S. 946, SAC, against S6,ss5,O52
in the preceding week The weekly statement
shows a decrease of 1891, 20S in net cash in
vaults and decrease Of $34O,ss0 In deposits in
National banks By the statement, therefore,
there was a decrease Of SS,232,I7S in the net
cash in vaults and banks. The volume of legal
tender notes issued in payment for silver bullion
was increased $2,59s,S6S, and accordingly by
the operations of the Treasury the amount OF
money in circulation was increased in the week
by over 81 0, 100000. The large decrease in the
Treasury balances reflects the disbursements for
ALP per cent bonds redeemed In spite of the
reduction in the gold balance there was small
gain in actual coin in consequence of the con-
tinued movement of money into the interior. The
principal changes in the vault balances were
made up as fellows: loss in the gold oGsance
of SO 81 1858, by an issue of $3,999,64o certiii-
Gates, less gain OF $sl ,0s2 coin and bullion;
loss in the silver balance Of $2,6O7,53s by an
issue of 49, 81 1906 certificates less an accumula
ton of $l,204,207 bullion, and loss in the
legal-tender balance of 81 ,200,467 by loss of
81 95O,467 in notes. less reduction of Sl,75o,cOO
currency certificates There was a small change
in the holdings of National bank notes. The
Treasury's liability for redemption Of notes was
reduced by 1901 ,552, and the deposits of lawful
money on that account amount to $37,l47,2s1.
Subjoined is yesterdays statement. compared
with that of September s.
Sept s. Sept. IL. Differences.
God eo!a a d,kg!I.
600 600 reserve 64s2ss $50 7So722 Dec sss1s55s
U. >. notes. less oo -eo % ron ,oo ~, ooo ,e-
vs sl' Sssf notes: a5fsS GS7d.5 Dec 1870
Silver dollars and
tifeates ...... 22s7s,0 O271,77o Dec. 2eo7,5ss
Cash IN Treasury 5s8 800 Dec e. sO1 2OS
SsnEs ......... 1OA4s7e2 1e1os,sse Dec. s4Osso
Total s94 500 S55 $50 1872 Dec. % 173
BANK CONDITIONS COMPARED.
By the operations of the New-Yerk Sub-Treasury
in the week ended Friday night, which included
deposits Of s4,ss1,o7s for shipment to other
places and payments of 81, 345,366 for purchased
bonds, the associated banks gained 81, 97S,4l5.
The weekly bank statement published yesterday
showed decrease in cash of $l54,400 A week
ago the condition Of the banks was better than
the average showing, and this favorable difference
with the gain from Treasury operations about
counterbalanced the shipments of currency TO the
country. further expansion of loans by S935-
400 was less than might have been expected from
the growing activity in general business as well
in the speculative markets The item OF de-
posits was somewhat larger than the other
changes required, and IL IS W0Tthy OF nouce
that the greater part of the loss in surplus re-
serve was due to the enlarged requirements. The
statement probably represents very nearly the
actual condition Of the banks at the close OF
the business week. The result of the changes
was a reduction Of $43S,625 in the surplus re-
serve, but the banks still hold SS,722775 IN
excess of legal requirements against deficit OF
S3,306,925 in the corresponding week year ago
and a surplus of S5,13A,775 in 1889.
The changes in the corresponding week IN pre-
ceding years were as follows ls90-loaDs decrease
S1s1S 90, cash decrease $3,102,9 900 deposits de
crease 514s,4 e0, and surplus reserve increase
81 ,005, S00 lS80-leans increase So 10000 cash
decrease s., 05s, 5e0 deposits decrease S263,GOO,
and surplus reserve decrease $4,000, 500: 1888
loans decrease $S52,20o, cash increase 1851 GOO,
deposits increase 900, and surplus reserve in
crease $577, 450.
Subjoined is yesterdays statement compared
with the corresponding dates of 500 and 1889:
SEPT o y zoo 80 o ssgt II Ia go Go SEPT sept IN s Ok
f H2ss.ssaa;i. s5SiSS ssSS sSSS sssssSs
Deposits .....-. 42i,SQs5O 3S325090e 4O5969 SlD |
Circulation 3,SI5,IOO 31U2,IOO o,o29VNo |
The following shows :hs relation between the total |
and the total deposits at the respective dates
Specie s5tS99s00 sg7ss2s90 SELF ss0 oo
Reserve sill oil 900 s9e,5O5 800 s1s97l4loO
sgst deposits. 1Oeo77125 a5,sl2725 1oo9o1,S25
Surplus .... s5184,J75 'S80e,s2S s,722775
Percentage Zo.z 24.z ~ |
Deficit.
Following is the statement In detail: