New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-26
PANIC AMONG TIE BEARS
r.. EATER EASE IN MONEY.
ANTHRACITE STOCKS ADvANCE.-wEAKNESS
INN. P. PREFERRED AND LOUIS
VILE AND NASHVILLE

Sunday, Sept. 2J-p III
The United States Treasury received last week
from customs, $3,724,o0O. from internal revenue,
s2.seo,722 and from miscellaneous sources $780,
o4a; total from all, Se,7o3,555, against Ss,o23,-
n,7 in the preceding week and So, o65,9s6 in the
wsek before that. The weekly Treasury state
mont showed an increase Of $3.50, 1856, in the net
cash in vaulte and decrease of $4s4,66s In de-
nosits in National banks. According to the state
meut the net cash balances Were increased only
nv S2s4,0ss The large increase in the gold bal
ance was partly due to a gain In specie The
nrncpal changes in the vault balances, a gain in
the gold balance of Sl,7os,sl7, by reduction of
sl,226, 500 in the volume of outstanding certifi-
Gates and an increase of $4s2,22 III coin bullion
n gain in the silver balance of s9.s46 by further
accumulation of $45l ,693 in coin and bullion less
an increase of S36l,s47 in outstanding certli-
Gates, and loss in the legal tender balance of
Sl,5so,397 by loss of $2,66O,397 in notes less
a reduction of 81 900 in currency certificates
The holdings of National bank notes were in
creased by 1851 800 Treasury notes to the
amount Of $4,000 We're issued in payment for
silver bullion, but the sum of 81 81 2,3,5 was re-
issued in the course of business, and the amount
Of these notes outstanding swollen by ST.
oss,375. The Treasury's liability for the re-
demption of National bank notes reduced
further by $50,357, and the deposits Of lawful
money on that account amounted at the end Of
the week to $25,5s3l05.
Subjoined is Saturdays statement compared with
that Of September II:
Sept II. Sept. "a. Differences.
Gold coin and bull
COO oco reserve sic s42 o1s Inc s17os SIT
is ssss l s5.o R Pc: 1S
Si nS,oS So lars : :se
uGcates ........ S2VSfof o'ooe <oo An0' ooo1o
Cash In Treasury s3s Ss5 Inc. s7oe ooO
D BANKS ... In 1171s.os1 L.2s4ola Dec 4s4ees
Total balance 1850 420 40 $50 7l4Sos Inc. s-s4 1888
BANK CONDITIONS COMPARED.
By the operations Of the New-York Sub-Ireas-
ury In the week ended Friday night; which included
deposits of 81 ,065,o00 for payment at other
points and payment Of S6,s5s for purchased bonds,
the associated banks lost 81 ,259,s41. The weekly
bank statement published yesterday showed a loss
in cash of'$2 $500 There was further con-
traction Of loans by $S,e53,soe, which was chiefly
due TO continued liquidation in the Stock Ex-
change markets. and the reduction in deposits
amounted to Sll,3l4,O00. Tie statement was
unusually consistent in this respect The de-
crease in deposits fully Offset the loss Of money,
and the result Of all the changes was gain of
sl7l, 500 in the surplus reserve and the banks
hold in excess of legal requirements S5,e5l,075
against $4,0Os,l26 in the corresponding week a
year ago and $l4,O75,4o0 in the preceding year.
The changes in the corresponding week in pre-
ceding years were as follows: lssl-loens in
creased, So, eco, cash decreased, $422s,o 600
deposits decreased, $l,91s,30o. and surplus re
serve decreased, $3,74s,625; 1sso-loans in
creased, $l,3sf,5ee, cash increased, Sl6.Ss4:20o,
s sEss indIssss sssSS: SO aass
creased, S20O,Spe CASH decreased, Sl,754.70o ;
deposits decreased, S2,s44,2oo. and surplus re-
serve .decreaeed} S., 043. $50.
Subjoined Is Saturdays statement compared with
the corresponding dates Of 1880 and 1891
Loan. ssssss's g isS siS s SS
fTSai.teSisT - -. $500 42,7e5!oo Sl?Ss,s SO
DEPOSITS !.... 4os s3s 500 4o4 e4l 900 $50 S2 soo
Circulat on 34s1,t0O 057o,ooo o~Ao'Zoo
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates:
srec,e r.--.. sss,ss7ssSo se24Ss9, s59'tssso 20
Re ere ,. .sil6 1856 100 slo6,les 600 sl20.1s 800
sssin,. eeSosits 1oi 7ee7co lol1sos75 12oso 725
su.glu. sl+o75499 s40Osl255 5000 s S.s
Appended Is the statement in detail, with the
percentage of reserve held by each bank. 1T
should be observed that National banks are re-
ouired to keep u reserve of rs per cent, and State
banks one Of / 5 per cent.