New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-13
A FLUCTUATING MARKET.
SPECULATION IS DULL.
,xnI.STRIAL SHARES MOVE DOWNWARD.
Sunday March l2-p. m.


,,o United States Treasurer received last week
.. customs SJ,lO5,0,l, from internal revenue
40 n oOG and from miscellaneous sources
q, oo1.576; total from all Sl0.a96,6j3, against
- "a. 900 in the preceding week, which con-
's,o1 If only five days. 1t should be observed
,h.t in tie present amount are included the re-
lifts of March 4, when the general Treasury
D.n,r,mept was closed. The weekly Treasury
-,o.ement shows an increase of Sl.Io6,jll Ia net
ss"sh in vaults and an increase OF 81 500, IN
Ga nnos =, in National banks. The net cash bal
Willie the gold balance shows relative decrease
" is gratifying 10 know that 1t has been rising
-, NV fell on Thursday to SlOo.9e2,4lo. and. ac-
Sryyling TO present statement IL Is SlO2l2l ,s3j.
Moreover. recent exchanges OF gold for small notes
which have bcca made by Western banks appear
" mo statement only to a small amount.
The principal changes In the vault balances
ucrp as follows: A los, in the gold balance of
Si's,S .292 by decrease Of Sl,2j2,622 in coin
ssnS bullion. and an increase of $500 in the
amount OF outstanding certificates gain in tho
silyer balance of S3g,6l5 by further accumula-
,,an Of 81 ,3,2,l54 in coin and bullion. less an
rpausion Of 81 1872 go in outstanding certificates
.ni notes, and gain in the lega-tcndcr balance
I SS,3l9,3D6, by an increase of S2,l $500 IN
p,ss and Il reduction OF Sl,2O0,000 IN the amount
~ currency certificates outstanding. Treasury
r'te, 10 the amount of Ss95,O0O were issued IN
naymen; for silver bullion. but the sum of
sl.Oso,1l6 was returned in the course OF bust
reSs.
ron was reduced by Slab GAG. The Ircasurys
liability for the redemption of National bank
notes was increased by 81 ,s63, and the deposits
81 lawful money on that account at the close OF
tee week amounted TO S?2, $50.
Suboined Is Saturdays statement compared with
'na' VI March 8. ,Iarsb II. Differences.
Gold coin and bSiI'
cco COO reserve. 33o5l27 s3j Dee 81 go
T. s. notes less . o.ooo.
4ss i?s sSS lie b.c 'sS Sis
Silver dIIars and
bullion. less GER - 49, o,o -, ooo,,
Cash in Treasury $50 4O5 727 s9sl22 3s Inc. sl7oo51
banks .......... ll,442.slS ll,45iG79 lac. II SO
Total balance s47s,s $40 80 55ooi7 Inc sI7is,s,7
BANK CONDITIONS COMPARED.
b. the operations of the New-Iork sub Treas
ury in tic week ended Friday night. when Nciudei
tie associated banks lost SI,Oij,3'9. The weekly
bank statement published Yesterday r., showed an
average loss in cash OF S5.jjs,GO0. The startling
feature OF the statement WAS the further REDUCTION
Of 4,705oOo in deposits, the largest decrease IN
any one week since May, 1854. when uelos,s
instance the reduction occurs after cnn''hur ,'
drain. In tie last five weeks deposits have
ehrunk SiS, .30O from Sl9j,4 1900 70 Sii''-
9OO,300. On February deposits exceeded ioais
by SS0.56j,4oc. but this difference has fallen TO
S?433 500. The movement Of currency 20 the
interior was partly checked. but evidently there
cold on Tuesday counted for At least tWo-thifus
of the total amount, while the difference bctwccn
the previous statement and the actual CONDITION
of tile banks "a week ago was reflected win iuli
effect The contraction in loans ny -; ~"
was smaller than might naturally have been eA,
pected from the known movement, oil money anu
the shrinlsagc in speculation and Stock f\chahsc
values. The resul; 0f al the changes was a i1SS
in the surplus rcscrve Of 81 ,Si0sio bnt me banks
still hold In excess Of legal requirements $40 $
30 against SlG,l96.450 In the corresponding
,yao, wear ago and 80, %. 80 in The preceding
year 1911. +, .h,,o
preceding wears wrrc a. follows: 1892. loans In
creased Si.25s. 700, cash decreased Sj.i96,Jo".
deposits decreased 81 .Go2, 90 ana snrpu, r-'r,
decreased Sj,0g5,i1j. ls9l-loin' dc'ieaS l
$40 400. cash decreased 81 .j?3, OG0 dcpc sia do
creased l,7l2, 400 and surplus reserve decreased
81 $50. 400 lS9O-loans decreased Sl.jis0oo.
cash increased S;jl 400 deposits decreased $3j?,
Subjoincd is SATURDAYS statement compared with
the corresponding dates Of 1891 and 1892:
Marcn - ei5 Mr!n ~ e "a M Ia i % q
sp@ci, ......... 77.rji700 100 so 500 - :51i o
S 10 :$ go 81 4. sss
Circulation connect" 1j27''o '''7llco '''oo'Vo
The following shows the relations hctwccn the
total reserve and the total deposits at the re-
srs, s3e's 20 el,et% sS9 Il Z S S33i.S
Reserve .slie,4;0scO s49l9o Coz sIGA45,oco
Regain ssaS., t iSa" lo-o.s5e, -: .o l.so: q,
sa1aa, 'o7oa4s3s ''c'i'Ost'} ''o'" .5S
Tnr following table shows the percentage OF
reserve held for each bank. IL shonl be observed
The National banks are required 70 keep reserve
OF "a pei cen, and State banks ore OF ID pei
cent: r.,.. p,
n NY 4c po go I 90 900 Hss'
S S'.a e ,s5$ :$s$
lhenS Nat, l.. $1,000 40. zoo as 90 3SfY.'op - .
N.,f II - 20 l1..ffD 10 S}f. M '.-
Me- y Ns e., . s 81 800 - o 800 7 ,o
a'H Sat s ~ 200 @ goo is s $7 200 t
Na GOO os COG SS }s GO s go g.
II Ss coo S9oeooo so3 10 81 so
s. xay Io5so .s 100 SSS s ssIS' 90 e e
Ss tp En ncpa ssso ,s.zsSo 900 e
rea M S1Soo 1890 ?'5 900 ?ssI, 100 % l,'
'St1 200 s 5S2 'ssf COO 3
S s Gt s"s S SSo $3.50, G 5so5 sioso s.
Nat L. So S5a 600 iG5oeo 2g 1929 Geo Geo 9o %
Corn o 2oo o. 20 go CO. CO. go9 7 SOC so 20
o',stf Nat oe2 zoo isioo si5=oo 800 0 ~
imp COO 9s go 80 o." 600 % q Sc co.. 3
ia,t ]: ", a?s 600 100 $500 o. 2oo 1 =
c 1,s X Na; q" is go $500 Ell
onu "a ''' 10 -Co 70, o1O 800 a0i 3~-7 900 20.
I'm "a n. &c n . "a zoo 3Dl - -Oi . 90
Thts - az VI o,- to1 1870 > ~ 80 23i
~ ~. 20 eo1 - ono oGi 600 ! ;9I 200 -
Po~err rauH 2 rSI 600 80 cO1 $50 81! O9D -.
~. 100, 100 90 nor ?i'
40 Na'' 90 -no 4 zoo oiotro 35-23 90
c,a"a ~, - 40 Con q III 90 : ?Or GO 900 .
e., ga. - ., so 0ia -no .G q ,on 90
1'h NNn'c - co. 10 100 fOD 473S1O y oij $40 20
"fhoh In 6..y11, 49, o-3- 90
c'r~.1 =o,.,no 90 1Co Az 40 9'Irs 90 10
CO., ,N1 : = oon -os ZOO 6 3ia 90 o..
,.,en,H y, 200 20 90, 'nO 400 90 AS 7nn %
IS,h ~ 20 co 400 SO) ISL oO1 2.Oij 90 a
PIX NJ Nstrou 81 so ~ 90 ~ $40 ..fe ~, ~
Wes. SD - 8,i 200 r2CO1 2N2 90 2.JIn uVo X
20. 90 90 oro 40 on 32j O11 20
.fo,n Ma ~ Zoo o,t o1o 40 600 ! fOp Onr Z"
w. "a. ~, 90 oIa sco "a 100 10 100 -
~ Ns ~ 600 ~, roo - oo0 go ONO 81
Solthrra MAJ, . 795 200 20 200 -, ~ - 49,.
Toes $500 1880 TO - ooi5oo 49, 2 y 900 ,''
The bank exchanges Of the New-fork Ilcsrin;
House and the stocks s,ld at the New org H,or'
Exchange last week and for thr week OF ire PFC
cnlinn A,.o roare cnmnarn "a fnllOMa