New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-31

subJoined is Saturdays statement. compared
"'''' '''"' July %. July 90 Dincr.nccs
Sdeates -. so7 9S90sO so7 ,sSo75 Dec. sl75 sos
s ,s1 Ssas notes s ss5S B bc 2ss
Silver dollars and
tincatcs ....... 59l7,45 59oo492 Dec. 6l7.oj9
Cash in TrcassI27 os4 $50 si20 1884 81 osc,99G
D Banks Ia 1900 1873 IL CSC $50 500
Total balance $3.50 724 81 slSs 1893 OO2 81 5si s25
Les. 800 coCoo
serve ............ leo, 900 900 1Co 600 900
Net cash bal ssa72a.s27 s3s193,oO2 Dec 81 53i' $50
BANK CONDITIONS COMPARED.
Re TIE opcrations of the Ncw-York Sub-Trasmy in
the week ended Friday night, which included pay
mcnts of Sal $50 for purchases of Pacific l'al-
road bonds and deposits of $4,000 for payment
al other points the associated banks gained Sllif'-
100 The weekly bank statement published N'S'cr-
day showed an average loss III cash oil 9''i l''VV'
The result was more favorable than the kho"i
movements of money had indicated, but 1t must NOT
be overlooked that the statement l. merely one Oh
averages While the outward movement oil cur
rency was somewhat larger toward the end oil the
week, it was sufficiently uniform, and undouOt-
edlv averaged over 81, 100000 day. The actua'
condition of the banks was poorer by several mil!
ions than the average showing. In us uv'ai'
the statement was nearly consistent, although tn'
decrease in deposits was larger by nearly S'Vo'-
600 than the other changes demanded Inc CON
traction in loans was smaller than had Defh en-
pected, amounting to only 81, 'Oo.3oO, Dut 'ie az
cregate loans exceed the net deposits by H;f,oVo'-
ZOO AZ the same time the shrinkage III deposits
is not an unhappy feature, because IL f'uuIrs 'h
legal requirements. The result oil all the chah7',
WAS a decrease in the reserves OF S3,O4o o. anu
tho deficit under the % per cent rule was increased
70 S43Ol.675 The banks heh "A year ago sur
plus of S24,23l,27j and one OF $40 III the
same week in the preceding wear =,
'" Th; CHANGES in the corresponding week in the
three preceding years We're as follows ino,sase ~
All 900; deposits increased So,0co''VV ana sur
nlus reserve increased 81 JIG .,4Io. le9l-L/lls
decreased 81 .SS1 500; cash increased S'oo,ooo'
demo. rs decreased S20j6,20O, and surplus reserve
iTnirr...rd 81 22OojO lsJN--LOan> decreased
Z" zoe, ! 90: cash decreased S993,a0o; deposits
decreased S5,374, 900, and surplus reserve HI
creased S33O,'2o o,
Suhjo,ncd is Saturdays statement, compared
with tie corresponding dates of s9l and 1892
Ags Go s 800 !g 1s s 1913 go 5Ty 9s 90 90
Igoi ndefs 5!Id3 GOO f., loo 10"
pp ~ Tn ".. 4Oo5,G0o 5'45s1c o'i'o w
The following shows the relations between the
total reserve and the total deposits a' '"e ~
s spess.V D se56oSS e1 sS 81 scSS
va.s,,s ORG 800 $3.50 400 a9l2'20oo
Re, ,s., re Geposs. 1850 ls2a7ooe5 o3542
Surplus . sisssls3o s2' a'l SO IS 's'S0l s 81
Deficit. ii, C-,oo,r
unnse and the stocks sold at the New-l OK Stock
EXcLanpe last week and for the week Va ''0
preceding two years compare a. follows; o., 50,
Exchange. Ass 3 !siE y 'S Sss
No. -hsrcs told.... lO51l= ''"'-'
TIE FINANCIAL SITUATION.
Money ON call at the Stock EXchanse'remaincd
easy at about per cent on Monday ana luesuaS
On the following day the rate advanced DIT o"r
time 10 a premium of 3-l6 III addl'ioh ~ "s"'
interest On thursday and Friday the DUN Vi
the new business was done at Is premium, put
toward the close on both days, when wants mJa
i~en satisfied, balances We're placed at Simple
interest I'm time money tlcr" "aS pi'O'
nothing doing. although lew loans WI; VIZ ,f
norted AT 6 per cent, with a commission Oh
rom | TO per cent according 10 the uatc'
which in case exceeded !our Hnon,n,
The cause of the apparent strnsehcS
was plain The demand Tor currency became
urgent. not only from the West ana South. Du'
i'm the last few days from N"w-Ehglahd points.
The shipments of currency prol@pN a,"Ia-ru ,I Il,
least 81 80. 900 q day, ana perhaps cOhsid'raoN
exceeded that amount. HE ihii0w Vi currency
was very light The increase IN the demand waS
natural. in consequence OF we coh,li"ru I'm i;
living up temporarily, ii large amount OF 1unds.
Inc suspensions throw larger burdens on thc
surviving banks. and they are forced 10 "a mpo.l
A.
for absolute aid The principal relcf has been
through Treasury Disbursements. when announced
ho,yov.r 10 a little more than Sl,oOO,Ooo. am 10
small imports Of gold from Europe ana the west
Inur~. 4. /, L.:
The European markets appeared not 10 ne uls,
turhad bv lilo Siam incident British cons0ls an
French rpn,cs declined slightly, but AT me rhu
were without important change. AT me LONDON
Stock Exchange the fortnigltiy settlement wa
comrieted with less trouble than hau ,s%n eN-
ec,.d The BANK of England made no change IN
It's official rate of discount, but the oprn mar ~.
rate for money gradually hardened adVanelng
from - to = per cent for DISCOUNTS \, run,
the street rate for money remained aoont -
per cent, but AT Berlin ~ cIoS'" '"'''' "
PEI cent. ..,o. I'm. ,o,vor
The foreign exchanges were irregular pu' lo"'l
The ,nnplv Of commercial bills was improved
somewhat, bat the chief cause oil tiie u'c,Jl We
the Offering of arbitrage biIls agal.'' Re c"r,sr
Of securities for European account. ~ coui i
rates were affected materially by me hig"'l pn
of money in this market, and on N'HmSuN any
Thursday particularly they were nearly rn;,,,
lied The market closed Irregular WEAK e "i SnI .
6ay bills and firm for demand drafts NJ 81 -;
aSi 81 and S4 50 1-2ae4 SO for long ana s''or'
sterling bills respectively
RAILROAD EARNINGS
The Tribune has printed the gross earnings OF
6fty-four RAILROAD companies or systems ior '"'
third week in July OF the number twenty com
panies return gains of $l16,406. or 80 per eeil,,
and thirty four companies losses Of S3O34 OF
j per cent. The whole number shows "A ue'i rao,
Of S392,906, or 80 per cent. There have p'''
printed also the gross earnings OF slNV.two com
panies for the second week in July. Inc IotaI
number shows a decrease of S133,I01, or 81 per
cent.
Third week in July ,o, n,ro,.oce. n. g.
- eomrsnes :. a.5oGsi5 Seos,SIs Dec. 5o9.4o2 ITO
ro,, ., ~ ., 40 49,, -. "a :, on 30 noc saoD Oo6 SO