New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-07
Ne, cash bal s2S l9SOo2 s37.5o".s6H Do. 5000
BANK CONDITIONS COMPARED.

payments of 2,O29 for purchases of Pacific kal-
road bonds and deposits Of S230,O00 for payment
et other points, the associated banks lost ony - -
$50 The weekly bank statement published YES /
terday showed an average loss IN cash OF Sl2o:4-
100. Fortunately this result represents the cohdi-
tons of a week ago, and to an extent is a mere
reflection of those which have actually prevailed
for several weeks The loss in cash is proof OF TIC
generous efforts made by the city banks to help
their country correspondents, and the increase III
loans, which was, however, only S2,@3l''Oo iur-
pshed collateral evidence in the same direction !
If banks at other points had followed the same
liberal policy there would have been much less
distrust and probably smaller boarding oil money
by persons and institutions. In Its details the
statement was relatively consistent, the decrease
in deposits being only about $4,000 smaller 'aii
the other changes demanded The result oil all
the changes loss in reserve of S9I o. /
1925, and the deficit under the % per cent rule
is now $14Ol 800. The aggregate loans eXceed
the deposits by nearly $36,O0O,00o, an amount I
which is only little more than the loan certf-
Gates outstanding. year ago the banks held !
q surplus Of Sls,79S,425, and enc OF Slo,42o,o9o
in the corresponding week in the preccdln2 year.
The changes in the correspon1ds W,T1 N t,r
increased So, S43, 500 cash decreased SI.o013oo,
deposits decreased S64l 500, and surplus reserve
decreased $5,432,s $50. 1o0l-loanS increased
SI 4 70 900. cash decreased Sl,2S3,200, deposits
decreased $500, $780, and surplus reserve decrease
81, 2s3.2oO. 1s9o-Loans increased o's'"o ~"
cash decreased S9,616,2Ou, deposits decreased -
OI0, 500, and surplus reserve decreased F''''''
$50. .. or,,ored
with thc.correspondins dates of 1901 ana le9@:
90 . Ass q 49, 55 Ars + $50 SO
fps s So q: 5SS sss s.sSS
pSSi,!,s 'os@ 300 3sSs5oo oso39o'
Tho following shows the relation, between the
total reserve and the total deposits at the re-
spectINe oates - no. !
Specie 'Ss So 900 80 So $3.50
49,. siI947so 800 si5o9i4 .7s,2is,ooo
es ss,,o., r' SSspos. ,ooa2so 1s2S59 $4,000
surplu. .is4a05s'e i77sss g ''Ol7:!sicSS
sDencit.
The bank exchanges Of the NeX aor Vor Lie Stoc
FVcI.r~e last week and for the week o. 'ho
preceding two years compare as follows 80.
r,.s.nr. sss CO., sse2sg5i:
No. shares sold $685. $40 l'-oooi' i''0'''''
TIE MONETARY SITUATION.
Th.re was q distinct improvement in rates ior
money Az the Stock Exchange call ioans se"-
orally ruled at about per cent. On Mo"u"S
renewals and many early loans were made AZ d
;n, Of g ner cent, but the rate soon alter
ward fell 10 simple interest,". va ,ne ,o''1
day renewals genefally AT from y. ao
.cr cent but the bulk OF the new business W.. We
Sona ,,tbcr below pei cent? since that .i h
Tia, has been the highest rate, ana 9ccaSonaliH
after ordinary wants we,r re- s" ept There was no
J'ana !, the market for time money. ih'lo
vas :, GOOD demand, ana o h~rai coih' i N i,
above legal interest womla nay extrc,neIv eht
yiar ',.. nothing whatever doing IN commercial
usper. The demand for currency from !, ,.sa w
r aiie. n1arcd 10 be less urgent than II was III
~ nrenaSinS week and the shipments were Oh
- m,iler scale The banks eNerciseu WI , a,,u
prudent discrimination III gian''s az 81 tIn nrinr
in ,Lcjr correspondents. Vt lew Oh ule 1 ~ ,hat
,,l ;n,c,inr points the complaint was i"a .na
lie New YorI, banks were shipping rI :, rh;
s'rrlv because they would no' pdI' "i"' Az
is an unjust statement OF thc ca ,oyval -. hard !
IN tl,o European markets money sii iira,Sas of
"ning tendency. In ionn1Nt lr,i caused the Bank
~ rnrisnd 10 advance its rate OF uisuUJin , ,ote
?i-s TO > per cent, and me opthh street rate
promptly followed On f n" 7, the bank rate,
n = 10 nor cent was offered lor i.pn'S o ="
arrive. In Paris the discount fa'e ~ ner cent
market remained STEADY aa'ivanced from Is to
3 3-4 PEI cent. - ,,,sottled and lower /
The foreign EXCHANGES We're for Ions Bills but
I,oai,n;no IN THURSDAY rates have grauuu,S nnr,s
vanccJ and for sterling drafts i"r'T liza MARKET
OF gold cannot be made at p aod A "a FIR long
ana short sterling bills respctiIN,rry
Nh, 1rri,,ne has printed the gross earhihs' CO.. ~ !
a,bt rilroad companies or sys'ems 10,
the fourth weak in J1y t % s the n'ln Or 50 per
roinpanrs r .II, cn."9anies loses Of SABA c'z.
T w s n NUM-" shows decreasr Of idS a.: tS Sr
81 per cent There have been , pr,"i for the
,i;r1 81 in Juiy The whole number Shows
dccreasn of sGoG,IOi or per cent
iofi week IN July ~ nA,ore,ce~ %. g. /
~ eu,ao,cs 40 6i ~ i0ii?o -. 81 . "a; 1g7
]: on.ianss..., 29s @4l'.'' ~ - =
To,ai Is SIS Isj 4ii s',slssoI Dec T-"'
.; ,"'r y II ss5 s2S,ia52 Inc ST. "a. ,G
a eo,",,r les SOS 52s I.si47Go D'c' '''''o -
To,,I 20 eos - si2si3 81 1siT12 Dec 2''i"' '
TIE WEEK IL WALL STREET. :,
The pss; vce, is likely 10 become nemorap'
ono in the annals of fle Stock Exchange. NV