New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-06
CONFIDENCE RESTORED.
az 4 SOUND FINANCIAL BASIS.
coT-NTRY'S BUSINESS INTERESTS
euorLD QUICKLY REvIvE-FAvORABIE
CONDITIONS SET FORTH-TRAD-
ING OF TIE WEEK.
Sunday. November 5-p. N

Sunday November 5-p m.
,o United States Treasurer received last
from customs s23S7,4S2; from internal rev.
W. .osas12s. and from miscellaneous sources
cav. cav osa. total from all. s6,O93'574, against
go. ,so 100 in the preceding week. The falling on
~" chiefly in customs receipts, but there was
wa" go gain in receipts from miscellaneous
.rrces presumably from seignorage on silver
SUI The weekly Treasury statement
S"ws q decrease of s574,S7S in the net cash
..u,s and an increase of S254,S97 in deposits
NATIONAL banks. The reduction in the net
".sn balances amounted, therefore. to only Sil9'-
re The principal loss was in the silver
,.,.rce while all other items showed moderate
gains ,,,, ,o,onces
Ara made UP as follows: A gain in the goid
,.,ance OF $614,305 by an increase OF s-Se'9oo III
lin and bullion. with a reduction OF s52"Soo
:, the amount Of outstanding certihcates;
,,ss in the silver balance of sl,23O,13o by an
Increase Of s1S53,143 in outstanding ceruhca'es
and Treasury notes. minus an increase OF soz-'-
Ms in coin and bullion. and a gam III the
,asaI-tender balance of s11S094, by a gam OF
ASSOC in notes, less an issue or 4ioV'ooo III
currency certificates. The net amount OF old legal
sander notes in the Treasury has become reduced
toS569l47, and that of new Treasury notes 10
usss5sO Treasury notes to the amount OF
,.s. 900 were issued in payment for silver bullion
hut the sum Of $4S3,304 was returned in the
ordinary course of business and the volume OF
these notes in circulation was not materially
changed The Treasury's liability Tor the re-
demption of National bank notes was enlarged
further by sSl467l, and the deposits OF lawful
money ON that account amount to $2l,Sl9.l05.
Treasury payments continue to be made chiefly
in gold coin.
subioined is Saturdays statement compared
with that of October Is:
Oct %. Now differences.
God and
tIacates go. $50 49,, 453 ssi,o5l,7oS Inc. SOFA 3O5
y ;cS,in mS '' 444o6sS 455s727 Inc. lls Oa4
NstI bank notes. II OJ;>S7 IL 13 so Inc. l23,oO'
snas,Ss 's 925s,7ls so27 o7s Dec. 19:o 735
Cash in Treas IA $50 slo777o Ss De-. 1874 s3
Df tpSSs IN nav 1210o.oo 1e415157 Inc 254,so7
To,o balance 3Oi $40 sl2O Is 47O Dec. S10,47G
Less 500 0oOOoOS
leeal-tender re- - 80 80 ooo ooo
Net cash ball so 3,i,9i5 $40 1910 Dec. sl19,47S
BANK CONDITIONS COMPARED.
By the operations of the New-York Sub-Treas-
ury In the week ended Friday night, which
included deposits of $4,000 for payment at other
points, the associated banks lost sIl541. The
weekly bank statement published yesterday
showed an average gain in cash of S6,I63, 100
The receipts Of currency from the country
were considerably less than expert estimates
but the conspicuous feature of the statement
was the expansion in loans Of over S9,OOO,oOo
This could not be explained by Stock Exchange
transactions, and possibly was due TO ad-
vances on breadstuffs and cotton in transit 10
Europe. The increase in deposits was larger
than ii ought to have been by nearly SZ'oco-
600 but this was a partial correction Of previous
discrepancies in the opposite direction. the
result of all the changes was an increase
banks hold in excess of legal requirements
s52Ol3.45O against S3S93,675 in the correspond
lag week a year ago, and Sl233S521 at the
same TIME the preceding year.
The changes in the corresponding week IN
three preceding years were as follows; 1ss2-
Loans decreased. $4,000: cash decreased, 81
1900: deposits decreased. S1,2OS,<OO. and sur
plus reserve decreased S,215,l50. 1S9l-Loans
Increased. $32lc,OOo; cash decreased, s5,6S9,lOO;
deposits decreased. sl.342 900, and surplus re-
decreased. s5,355375. 1s9O-Loans de-
creased 1885, 200; cash decreased, Si.254,OOO; de-
posts decreased. sl,O3l,1OO, and surplus reserve
decreased $3.2t6. 222J
subj oined is Saturdays statement, compared
with the corresponding dates Of 1891 and 1892;
Noy.7, '9l Nov. ) '92. Nov. /. SO.
Icons ~ 2Oo $40 olo 100 $40 1888 500
DEPOSITS ....... 4lG So 2OJ 800 447.4 2. 90
Gle att n ......... 100000 Gj34O0 H.4cJ 800
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates:
Suece ........... ssl.9j30oO s73 go 90 s07 800
l. .atcAdes 1928 700 AZ 800 GO, 10 loo
Reserve Sill ,l9l7o0 SIG G3o 800 slG3 g go
Reserve Iequif
gains: dcpj-lts 1oi 2OG,550 ll3 $50 375 III $50 $50
Surplus so'o0,liSo sac7ossa5 s'2ols442ao
Percentage -O.O 700 30
The following table shows the percentage Of
reserve held for each bank. 1t should be OBJ
served the National banks are required 10 keep
d reserve Of % per cent and State banks one oi
10 per cent:
Banks. Loans. Specie iegals. Deposits. Pc.