New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-06
SPECULATION LIFELESS.
STOCKS REMARKABLY DULL.
THE TREASURY'S WEEKLY STATEMENT
DIFFICULTY OF MAKING COMPARISONS

THE TREASURYiS WEEKLY STATEMENT
DIFFICULTY OF MAKING COMPARISONS.
Sunday, July 5-p. m.
The United States Treasurer in five days last
week received from customs 3021, 763, from in
ternal revenue So, 4S6 053, and from miscellaneous
sources $3,77O,202; total from all, Sl0,27s,9ls,
against $7,o4s,se6 for the preceding full week.
The weekly statement shows a decrease of $3.50
no in the net cash in vaults and of S300,766 in
the deposits in National banks after allowing for
new bookkeeping changes incident 10 the begin
ming of new month. According to the statement
therefore the net cash In vaults and banks was
lowered by $7,210,536. The change IN the form
of the daily reports by which silver coin and
bullion are reported one item makes 1T difficult
TO give a correct comparison between the state
ment and that Of q week ago. There is an APP
parent discrepancy of so $40 in the amount of
Mlver coin and bullion on hand in the state
ments of July and July 3. So far as the state
ment permits calculation, the principal changes
in the vault balances were made up as follows,
A loss in the gold balance of Sl,73l,994 By a
loss of S4,79l,164 coin and bullion, less reduc-
ton of S3,e59,17O in outstanding certificates
loss in the silver balance of 0,29s by loss
of S7,s54.379 coin and bullion, less reduction
of 81, o44,sS1 in outstanding certificates; and
GAIN in the legal-tender balance of $40 1884
The holdings of National bank notes were less by
B2O5,3l2 The Treasury's liability for the redemp-
ton of National bank notes was further reduced
by S562;55O, and the deposits of legal money on
that account are now 39,79s,274.
Subjoined is yesterdays statement, compared
with that of June 81:
June 81. July g. Differences
Sold coin and bull
ion less, ceTtih-
10000 go OIL s1s5S9 eS7 Dec. 79199i
oceFtiacsts ss': .s S71se 1es7 o2s Inc 1927 ss5
Nat bank notes. 5,709,2l5 5563903 Des. 2oo'5l2
Silver dollars and
tdcates $50. 294OO,93s 22,59oGIo Dec. e,s1o,2os
Cash in Treasury 97s s48 2O8 Dec s6sl977O
banks ............. 27,41117 27O2O85l Dec 89o,76O
Total balance $50 o12 O9O s75 7O1 55I s7.21O5S6
BANK CONDITIONS COMPARED.
The occurrence of National holiday yesterday
brought the business week TO an end on Friday.
The weekly bank statement published one day
earlier than usual, and consequently close COM
parison with the Treasury operations cannot De
made By the operations of the New-York Sub
Treasury in the week ended Friday night the asSo
ciated banks lost 81, 979,26G. The statement,
which of course represented the business of five
days instead of six, showed loss OF S2'2SO,oOO
in cash. 1t may be presumed that II was MADE
on falling averages and that the banks were poorer
by about 81, 000, 900 than the average showing.
further increase in loans indicated better
mercantile demand for money, but by swelling
the deposits It made the decrease in surplus re-
serve still larger. The banks now hold Sl5,465,-
O75 in excess of legal requirements, against
S3,S46;05O at the same time year ago and
S5,O1S ,025 in the preceding year.
The changes in the corresponding week of pre-
ceding years were as follows lS90-lOans increase
1858, 800, cash decrease S6O2,200 deposits in
crease $s,777,6O0 and surplus reserve decrease
81, 100, 800; 1ss9-loans increase 700, cash
decrease 81 500, deposits increase S5,790,800
and surplus reserve decrease S2,574.200; 1888
loans increase S3,39O.00O, cash decrease 81, l05,
400, deposits increase S5,5sO1OO, and surplus re.
serve decrease $2.500,425.
Subjoined is yesterdays statement compared
with the corresponding dates of $50 and 1889
July g. $50. July g. 80. July 8, 81
Loans ......s423 4UJ 600 $404 GA 900 1903 J9S00
Specie sa55S 500 e as 9 9S @ 9S t t9S
begSsits 4a5 1880 4i$$c5 100 4ot $500
Circulation ......... 3.0j3,500 3,771,1O0 35O02O0
The following shows the relation between the total
reserve and the total deposits respective dates:
suece ...... S73155,SO0 SO. 44S,O0O SG6 2S5. 400
Legal-tenders ..... 1882 100 30975,JOO 5O39f 100
Reserve ...sl16 467, 400 s1O7, i23 3CO S1GG2950 800
Reserve required agst 49, 80, 90
sprn,us a. O1s O95 So sac $50 a15465 O75