New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-08-03
SPECULATION AROUSED.
STAGNATTON LEFT BEHIND.
THE MARKET DISTINGUISHED BY TWO OPP
PosITE MOVEMENTS RISE AND
DECLINE.

Sunday, Aug. 2-p. m.
The United States Treasurer last week received
from customs $3,so1,349, from internal revenue
$2,9es, 252, and from miscellaneous sources $326-
$40; total from all S7,037,420, against $7,o96,-
76I in the preceding week The weekly state
ment shows an increase of Sl2,o62,o4' III tne
net cash in vaults, and decrease OF $2o3,93O IN
deposits in National banks Something over
Sll 900 900 in the increase in the cash in vaults
was caused by the adoption of q new daily state
ment by which the amount of new Treasury notes
received in due course of business is reported
The increase in net cash in vaults and banks
would have been under the former methods nttie
over 81 100000 Since February The treasury
has regarded these notes legal-tenders, as they
are and has accepted them as a basis Tor currency
certificates. There was every reason, therefore,
why the amount on hand should be reported
Aside from this change the operations of the
Treasury in the past week resulted In increasing
the circulation by about $l,200,000. 1t is an
interesting feature of the latest statement 'hat
while there is an increase in the gold balance, ana
for the first time in a long while, decrease In
the silver balance. both changes were brought
ahout bv the variations in certificates. VI coin
the Treasury still lost gold and gained silver
The principal changes in the vault balances vert
made I'D as follows: gain In the gold balance
of So. O9s 249 by a reduction of S2,193,1o III
outstanding certificates, minus loss OF So9S,o%l
con and bullion: loss in the silver balance OF
Se9S192, by an issue of 81 ,4s3,o93 certificates.
less an accumulation of $7o9,90l coin ana DuIloh
and gain in the legal-tender balance oil SIo'-
sss.50l. which has already been explained. The
amount of National bank notes OH hand was In
creased by $46I ,2s9, and the Treasurys liability
for the redemption of National bank notes by
1921 g05. The deposits of legal money on thaC
account amount to S3s, 1,S75
Snbioined is Yesterdays statement, compared
with that of July rs:
rs. Augusta Differences.
Sold coin and bull
9a So SIS $50 s21 900 Inc So oee.249
uce,fiecates s .4sseo 1904 GIL Inc. 1o,oss sol
NSt b1SN 9oies sos $50 5,769,6s Inc. 4ol.2so
Silver dollars and
a 2aeStes less s4s4s1es S4154s77 Dec. ess.l92
Cash in Treasury oes 1855 s1 EOS Inc si7
Df 6aof IN Nas 25 oea 400 24s4647o Dec 25s,9aO
o,., ,o.nos asa 7e7 SOC $50 Gs4 Inc sl2. ,9l7
sDefcit c., r..
By the operations of the New-York Sub-Treas-
ury in the week ended Friday night, which included
deposits of $3.50, 900 for payment at other points,
the associated banks lost S2,07s,6S6. The weekly
bank statement published yesterday showed loss
in cash of only S642,200. In view Of the PROB
able condition of the banks week ago, the
statement was another agreeable surprise. Inc
known movements of money indicated decrease
in reserve of at least S3,000,O0O. Whle the
changes in loans and deposits not large the
explanation of the result must he Sought, III Che
absence of manipulation of their returns by
few banks in the interior movement of currency
1t must be inferred that the receipts from the
country have been vastly larger than the expert
estimates That they should be so large as 10
.ounteract the absorption by the Treasury ana 'he
exports of gold which did not figure in last week
statement appears to be incredible Inc only
alternative however, would be to assume that
few leading banks, by accident or design, had
misrepresented their condition In It's details ole
statement unusually consistent. Inc result
of the changes was decrease of S22o,o1o IN tIlo
surplus reserve, which is l.350. against
$6, $50 $50 in the corresponding week Scal
ago, and $S,216,l75 in the preceding year.
Inc changes LII the corresponding week Oh pre-
ceding years were as follows: lSVO-losns III
crease 81 100000, cath increase S4,oo@,oUV, ue
posts increase ana SURPLUS reScP P az 81
700 cash increase S424,500, deposits decrease
$3.50 400, and surplus reserve increase Sl,l2'-
100; 1S8S-loanS decrease Sl4l 900 cash increase
Sl23,9O0, deposits decrease S2,2O1,5OO, ana sur
plus reserve increase S673,11O
Subioined is Yesterdays statement compared
with the corresponding dates of 1890 and 1889:
SIS 80 go s3g g? 500 AsS $ SO
Specie ....- 7$l9o 500 s9$G3G000 999id coo 600
Dcnos,ts . 434 ADJ 800 4i50l5s 4O5,lOl 500
Circulation ........ $4,000 3,64o,4Oo 4.055,600
The following shows the relation between the total
reserve deposits at the respective dates
snacie .. S7sl6O8 800 $50 367, SEQ s61, Gil 600
Iecal.tenders ... 1858 200 3-,570,9OO 54,140,oOO
Reserve ..si10 SS9 coo slI2 oSs, 900 sl2O,7o0,soO
Reserve required 49, 80
against deposits. los S25 1O397S9JO Iol2fo40o
Surrlus - sS2lGl75 $3.50 $50 $40, 4S1 $50
pa, ccnt Of denosts 1918
The bank exchanges at the New-YOrk Clearing House
and the stocks sold at Stock Exchange last
week and the preceding two years compare
as follows: 80,