New-York tribune., 1893-12-25
MORE CAUTION OBSERVED.
REASONS FOR CONSERVATISM
FEARS REGARDING ATCHISON ONE On
THE CAUSES OF DEPRESSION
STRENGTH DESPITE XD-
VERSE CONDITIONS.

Sunday December PIP m.
The United States Treasurer received last
week from customs, 81 992 7SS; from internal
revenue, s27749j3 and from miscellaneous
sources, S1,32Os97; total. from all, s60SsSs
against S5,447 35S ir the previous week The
weekly Treasury statement shows a decrease
Of 81 423.947 in the net cash in vaults. but an in.
! crease of $780, 40S in deposits in National banks
| This leaves the net cash balance So 233, 539 less
than a week ago. The unfavorable feature OF
the statement is the heavy loss both in the
amount of gold held and the net gold balance
also For the month to date. the expenditures
OF the Government have exceeded the receipts
by S5194O42 and for the fiscal year TO date, the
deficit in receipts is s35,1l2,13S.
The principal changes in the vault balances
were made up follows loss in the gold
balance OF s15l729j, by a decrease Of s1,730.065
in coin and bullion, less reduction OF s2l2,770
in the amount of outstanding certificates; loss
in the silver balance Of s976,637, by increase
of s946,5l6 in outstanding certificates and Treas
ury notes and a loss of s3O121 in coin and bull
lion, and a gain in the legal-tender balance OF
s2s9372, by an increase Of sl,977372 in notes,
minus an increase Of s., ,6Ss 900 in currency Ger.
tfcateG. Holdings Of National bank notes were
reduced by s2193S7. The volume of Treasury
notes in circulation reduced s1436l2 The
Treasury's liability for the redemption Of Ma
tional bank notes was enlarged further by $780,
776, and deposits of lawful money on that
account amounted at the end Of the week to
S22, 43S. .4G3
Subjoned is Saturdays statement, compared
with that Of December 16:
Dec le. Dec %. Differences.
Gold coin and bull
Gates ..... $50 $50 800 $50 422 1Oi Dec. si5i7co5
aa sseSss bss n s52
silver dollars and
tidcatcs ......... G31t3i3 5s3I7oG Dec. e7ss37
Cash in Treas sos O2o eG3 sos eo5 Dec 81 39i7
banks .......... 14G37 72O IlG54 I2s Inc. I9ONs
Total balance sio o2 9s3 Sill $50 4ii Dec 80 233s9
Less sio00OoOco
legal-trnder
serve ........... 1oOOOOoo 100000 .......
Net cash ball.. sIo io29s3 si725a4i4 Dec 50 2a35sa
BANK CONDITIONS COMPARED.
BY the operations Of the New-York Sub-Treas.
ury in the week ended Friday night, which includ-
cd deposits of $3.50 900 for payment at other points,
the associated banks gained s744.745, The weekly
bank statement published yesterday showed an
average gain in cash OF s.. 593 100 The gain in
legal-tenders was. of course, larger than that in
specie and in both cases IL was somewhat
smaller than expert estimates The expansion Of
loans was not large. amounting TO only ss65,1OO;
but the statement was fairly consistent in its
details and the increase in deposits was smaller
by only about sl50000 than the other changes
demanded The result of all the changes was a
gain Of 81 76s $50 in the surplus reserve, and the
banks now hold in excess Of legal requirements
81 937775 against s6l76.575 in the corresponding
week a year ago and Sl9, ops at the same time
in the preceding year.
The changes in the corresponding week in three
preceding years were as follows; ls92-Loans de-
creased $3.50. 300; cash decreased Si5,OOO; de-
posits decreased s4.s25.400. and surplus reserve
200: cash increased s2,5lO,600 deposits increased
$3lS525 1s90-Loans decreased Sl,O56.2oO casn
Increased s365S 600 deposits increased $l,729,3OO,
and surplus reserve increased s3,226.2I5.
Subjoned Is Saturdays statement, compared
with the corresponding dates OF 1891 and lss2:
siss RSs ?sS z 4S5 o5 sssS s iso 900 ssis5sl6SS
Specie ............ ~ ~ 90 80 SSD "t 30
esaendes 4sso sss5a 800 4tsssSiSS 4sssssSS
Circulation ......... 1904. 700 o,E52vo lS-oo'SV
The following shows the relation between the
total reserve and the total deposits at the re-
spcctive dates:
Specie ....... sae3e25oo $40 $500 siot go zoo
Lesal-teniers ....... 3Gol4po 4o@s3Sco ssl2soo
Reserve Sis3 3o6 go Sli7 2eo. 100 s2o2 oio.7oo
asains, deposits . ll3 s2c575 li1os2525 l2i7iie25
surplus ........... sio4scS25 sGi7e%% s77oa7.Uoss
Percent as -"o IT,"
The following table shows the percentage OF
served the National banks are required to keep
Il reserve of % per cent and State banks one OK
10 per cent:
Banks Loans speGie IegaIs a; DspSSss SpS ITS, & Pc.
Mannat COLI .,o-2 OUU lo,Osis OJO icj
A.cch Nat. Iooso0 23l3 700 29o 100 II .5s 200 49,