New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-27
AN EASIER MONEY MARKET.
UNIFORM ADVANCE IN STOCKS.
WALL STREET SHOWS MORE CONFIDENCE.

WALL STREET SHOWS MORE CONFIDENCE.
Sunday, March 2G-p. m.
The United States Treasurer received from
customs last week $i,24s,2s4, from internal
revenue $2,527,0ls, and from miscellaneous
sources Sa4s,s73; total from all S7,o24,l15,
against $500, 237 in the preceding week. The
weekly Treasury statement shows decrease of
Si92,lO7 IN net cash in vaults, and an increase
Of X72,9I6 in deposits in National banks. The
reduction in tho net cash balances, therefore, was
SIl9,l9I. The happy feature Of the statement
was the large gain in the gold balance, although
it must be observed that the stock of actual metal
was strengthened by less than 81 100000.
The principal changes in vault balances were
fUsMs bv an INCREASE am in of fs n con and
bullion, and reduction by S2,lO3,41e III tue
amount of outstanding certificates: gain In the
silver balance of 81 SO,2OS by further accumula-
ton Of $1,21S,720 in coin and bullion, less an
increase of 81 ,O0e,5l2 i'll outstanding certificates
and notes, and loss in the legal-tender balance
Of $2,76O,i75 by Il decrease of S3,020,l15 in
notes, minus reduction Of 100000 in outstani-
ing currency certificates. treasury notes 10 the
amount Of 1894, 900 were issued in payment Tor
silver bullion, and the sum Of S326,4lJ was re-
issued in the of business, and the volume
of these notes in circulation again increased
by $l,320,475. The total amount outstanding Is
Sl20,l22,322 The Treasury's liability Tor the
redemption of National bank notes was reduced
further by xI22,22o and the deposits of lawful
money on that account at the end oil the week
were S21 ,963,409.
SubJoined is Saturdays statement compared with
'""' March Is. March %. Differences.
len less eerua.
600 reserve So 992 SO GAL so4 Inc. s3O0s sl2
ss 1sas notes S 'aii B Dss 5sS5;
,ana,a, '''0 w. ooa ,Oe IA Inc oOS
Cash in Treasury sss 81 29 l7o1s7 Dec sio2lo7
banks -. 11.o75ses n14s,7si Inc. 72sle
Total balance s49447 lG2 $40 32797l Dec. $40 19l
BANK CONDITIONS COMPARED.
BY the operations of the New-York Sub-Ireas-
ury in the week ended Friday night, which in
cluded payments of 81 1924 for purchased Pacific
Railway bonds and receipts of $4,000 for pay
ment at other points, the associated banks gained
$sO,2s7. The weekly bank statement published
yesterday showed an average gain in cash of 3d.
$4,000. While it was not wholly at variance
with the known movements of money the state
ment might be made clearer by the admission
that speculative Withdrawals of money had been
restored to the market If such Withdrawals We're
made the operation was concealed with great
ceverness, but the present statement tends TO con-
firm the suspicion. There further con-
traction of loans by S4,S35, 7OO and in conse-
quence deposits We're lowered further by g.
l56,7OO. This result was fully consistent with
the other changes. The result of all the changes
was gain of So, 2O4 ,O75 in the surplus reserve,
and the banks held in excess of legal require
ments S9,243,200. against Sls,007,425 in the
corresponding week year ago, and $s,442O5o
In the preceding year.
The changes in the corresponding week in three
preceding years were as follows 1S92-oans de
creased S4,224,4O0, cash increased S760,900, de
posits decreased $4.ls7,300 and surplus reserve
increased 81, sO7,725. ls91-lOans increased so,
$780, 700, cash decreased 1901 300, deposits in
creased 81 ,24s,100 and surplus reserve decreased
&613325. In 1890 loans increased 81 ,046, 400,
cash increased S1,064,7 700, deposits increased
$50, 900, surplus reserve increased sol 5,225
Subioined is SATURDAYS statement compared with
the corresponding dates of 1891 and 1892:
March % '9l. March 20. o. March %. '93.
f seessi,cad.is 57YS GassaSS S 500
DEPOSITS ........ 500 $50 200 439.59l 400
Circulation ....-... $500, 100 100000 5,61s 500
The following shows the relations between the
total reserve and the total deposits at the re-
spective dates:
specie &l1,a36,6O0 oz5
Leqol.tenders .. 34,571 600 49.3ls 900 47i95 800
Reserve ~ si12 3os 200 $50, 537, 500 ell9 119 300
against deposits 1903 s6e $50 1872 5aol75 100 $40 100
Surplus .....-.... ss.A2,o5o sls,Oo7425 s92iS 200
Percentage 20 2S4 I'll
The following table shows the percentage OF
reserve held for each bank. 1t should be observed
the National banks are required to keep reserve
of IS per cent and State banks one Of 10 per
cent