New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-11
MORE ACTIVITY IN STOCKS.
MONEY DISTINCTLY DEARER.
DEFEAT OF THE SILVER LEGISLATION EX-
PECTED TO CAUSE AN ABRUPT RALLY
IN ALL LEADING SHARES
SUNDAY. July l0-p. m.

The United States Treasurer received last week
five days. from customs 1924, 6j2 from internal
revenue S4,32s,437, and from miscellaneous
sources 81 ,l23,O5s; total from all, Ss,67ol4',
against SS,l3l .04j in the preceding week. The
increase was principally in miscellaneous receipts
The weekly Treasury statement showed decrease
OF S3,69o,i1l in cash in vaults and decrease of
S757,O33 in deposits in National banks. The total
reduction in the cash balances amounted 10
$4,44s,394. The conspicuous feature OF the state
ment Is the heavy less in gold coin and bullion
and, In spite of material reduction in outsiand-
ing certificates there was an important loss in the
gold balance.
The principal changes in the vault balances were
made up as follows. A loss i'll the gold balance
Of S2,669,739, by loss of S3,'o5,53o
in coin and bullion, less reduction
of Sl,l25,800 in the volume Of out
standing certificates loss in the silver balance OF
$G9S,sl BY ap increase of $sjO,64O i'll outstand-
ing certificates, less gain of Sl5l,s22 III com
and bullion, and loss in the legal-icnder balance
Of S297 ,O49 caused by a loss of S2,347,o4o IN
notes, less reduction OF S2,050,OO0 IN outStanh-
ing certificates. Treasury notes TO the amour,
of 200 were issued in payment for SILVER
bullion, and there was re-ssucl the sum of $780,
IO4, making an increase in the amount OF Treas
ury notes outstanding of $1,OS7,Sl3. The Treas
notes was further reduced by 81 59,'ls. and The
deposits of lawful money OH that account now
amount to $26,56j,S12
SuLoined Is yesterdays statement compared witE
that Of July 2;
Gold coin and bull
100000 80. $3.50 sl1 o97 Dec s2oC97 S9
Ss ss.s no $ ssd5S S S3ss Bee Bee y So
Ga I;aEe '"S . e2a5.52s 45c37lO Dec. COS sls
Cash in Trasury 393 csl $40 go 900 905 Dec S0oo4
ot SsSEs Ia N.. 1s14s1ss i2aoo2o5 Dec. 1898
Total b. ance si6 $40 5jf si23sll7o Dec. si4o S9i
BANK CONDITIONS COMPARED.
BY the operations of the New York Subj rcasnry
in the weeI! ended Friday night, the associated
ment published yesterday showed loss IN cash 81
S5,47S,OoO. THIS result is simply reflection ol
the conditions which prevailed week ago When
the heavy exports of gold counted for little IN tne
weekly averages. One Of the most favorable feat
ures of the present statement Is the decrease Of
y5,s77,7OO III deposits for the reason that pre-
vious losses of money were not accompanied by
corresponding reductions in legal requirements
Tine actual condition Ct the banks Is probably
moo far different from that Represented for the De
virtually corrected The result Of all the changes
was loss of $?,500,5.5 In the surplus reserve
bit the banks still hold in excess of loga! re.
quirements Sl5,577,o25. against Sl4,542,125 IN
the preceding year, aud $6,63o,IO0 in 1889.
Tie changes in the corresponding week in pre-
ceding years were follows: 1891, loans de-
creased 81 $4,000, cash decreased Sl,Sss,oOu,
deposits decreased 81 S63, 400 and surplus reserve
decreased 1928 $50; 1890 loans decreased 81 ,G42
900 cash increased S2,s43l0o. deposits increase
Sl,621, 800, and surplus reserve increased 2,4"1
i2j; 1889, loans decreased $500, cash III
creased 81 1850 900. deposits decreased 81 ,Sie,30O
and surplus reserve increased Sl.Gl2,015.
Subioined is yesterdays statement compared
with the corresponding dates OF 1890 and 1891.
july II, 80 July ~ 81. July s., y.
Loans . si01 9s2 600 s39. COS 800 a492 ls7.4UO
specic .......... 20 90 100 6j3 1888 800 9QG75 go
Deposits ...... 1888 500 fo3 ig5 800 $50 s0 ~
The following shows the relation between the total
serve and the total deposits at tho respective dates;
Reserve required
s,ecie ..... go 2a5 400 se5 1888, 800 SO G75 200
Ieaal.tenGers -. 3lC1l,O.0 49,Y01,j0J $685. 500
Reserve ..sllO,oeG 400 sllj. e4o 900 sl4s 300
against deposits. lO5 1873 ,32j 100 69o SO 1873 O''
surplus ..~.... sj,28so75 sl'.542 s:SS el5.577e2
Percentage 2o.' 90 go
Appended is the statement in detail VITA the
percentage Of reserve held by each bank. II
should be observed that National banks are re-
uuired 20 keep a reserve OF - per cent, and State
banks one of IL per cent
Following Is the s;ateucD, in detail:
Ranks. Loans. Specie. Leeals. Deposits. p. c.
y 4 Al4jO0 90 so u u ,Jr 1850 .UOO lG.f