New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-17

roxpITlON OF TIE FEDERAL TREAS
Try GOLD IMPORTS AND THE
RESERVE.
Sunday. December l,:-.p n.

Sunday. December 1;-p III.
rha United States Treasurer received last week
,,o, customs S2,5s9oa.. from internal revenue
,,,sa5ri and from miscellaneous sources SG46-
och total from all. sj3i059i. against S614l.77e in
.s. preceding week The weekly Treasury state
.oer. showed an increase of $697.lGS ia the net
ash in vaults and deposits in National banks
,creased S2l5162. The receipts for The fiscal
mar 70 date amount t. $14S 52S. S2l. tho receipts
n, the mon'h TO date 81, ono 800 the expenditures
,,r the month to date sii.$i90 GOO and the ex-
,,nilturos for the fiscal year 50 Gar $l73.57O.5l3
the principal changes IN the vault balances
were made up as follows: A decrease in the gold
balance of s7.5O6,7l4, by decrease in the coin
anil bullion item of Sil.4lc.19i. minus decrease
=, e 905 $50 in the amount If outstanding gold
certificates which. Of course, returned TO the
rreasulA: an increase in the silver balance Of
,y7,s97 composed of loss OF S2,als in sill
csr coin and bullion. and a decrease OF N41.1l5
&, outstanding silver certificates (Which returned
. .bs Treasury: and an increase in the legal
,.,aer balance OF 81. 3G9. 0Sl which Is the OF
decrease 81 the outstanding currency certificates
~ 81 1c0 00Q. and an increase III the amount Of
lnraenders in the Treasury OF S3G49.03l. Holdings
nj National bank notes increase N-o1,@9z II dSulN
mo,es issued under the law OF 1890 to the amour,
- Sssg 5o1 returned to the Treasury i'm the course
n, business. and the amount Of these notes IN
sasS7 The Treasurer's liability for the redemp-
lion OF National bank notes was increased s4S.-
90 and the deposits OF lawful money on that ae-
INN, now amour. 10 $50. i65. 1873
Sub,oined is Saturdays statement compared
Nth that u December \:
pec. Dec. Is Difference.
GA .,,. eoi is, s "ai
, .a:: .s sios $40 sai So, 500 SO s7soo
' 5sa, '4$ ss5s,s I Iac 7.ss s g.
silver dollars ard
,a,,Is ... 1919. 77seo7i Inc. s74so7
cash in reasy sizes 50. 4Ga slces7s s4s2 ooc
i sSns banks ,iiocs' nsicica Inc. ci'.1e-
total balance s,,essIios SIT go esI see7.lcs
L, 5sserys ,..... Iooco,coo 100000 ........
~. cash bal s7G99ll0s s77eW GIL Inc sc97. leS
BANK CONDITIONS COMPARED.
sv the operations Of the Sub-Treasury in this
ctv during the week ended Friday night. the
os.oc;ated banks lost l.225 459 The weekly bank
statement showed decrease IN loans of 200,
, decrease in legal-tenders Of ss.2i4,S0O and an
increase in specie of Sc 800 the total increase
- reserve being $751; 500. The statement cannot
hs considered encouraging. although the course
- the morev market during the week indicated
that this result was about what was to be- eX-
.nacied II does not show much change from the
nrsyious week The increase in specie is due 10
the navment to the banks Of the prOmissory go!d
notes given to them not long ago by persons VINO
bought bonds and borrowed the specie - pay lor
the same. These notes. having become uue, Were
now met. the debtors paying legal-tenderS mo
the Sub-Treasury and taking out the goid whch
they handed over to their creditors, the banks.
:, Will be noted how closely the increase In the
snerie in the banks corresponds to the decrease
i'm their legal-te 1ders-the difference being Only
slsl 500 in favor of the specie item. If this KIND
Of thing goes on. or movements similar to II 60
on for a while. the only net result or the recent
bond issue will be that considerable nunOer OF
our fellow citizens will have added 10 tneir shus
3 per cent Investments at the expense of the taN-
payers who pay the nteres; on the bonds, whie
the Treasury's resources except LIS credio VIII
Ne as low as ever The result Of all the changes
was an increase in tire surplus reserve OF s44sl'o
ard the banks held in excess OF legal require,
mens s33 1855. against s32so265O last Week ana
agsins $76lss.s25 in the same week OF 1873 ana
Si6s5 in 1892 ,
The changes In the corresponding week IN
three preceding years Were made UP as lolioWs:
vsloans increased sS0'sSoe Goa casn ihs,v rn1a
Iserye decreased S39s 500. 1S92-Loaps decreased
,,5s. 100 cash decreased s527,4Oo, deposits de,
ceased 81 S5l. 800 and surplus reserve decreased
So ;75 lS9l-Loans increased 81 s45.l00: cash in
creased sG2s5 200 deposits Increased ss.so2sOo
and surplus reserve increased s3s22o 600
Subjoined is Saturdays statement compared
with the corresponding dates of the preceding
. Ri ii 90 g ai2 ls g Soc =
SS sS9ssSS i 90 ess"S ,o SaosS 900
b:s;. 4's So b "a 20! 81 900
The following shows the relation between the
,o,al reserve and the total deposit of the re-
spec,iye dates:
Dec IL 92 Dec 1G. 'a3 Dec -. ~
s,.c,e .. SIG 995. 500 slO354s coo S55.5i59D
issgaI,s,der. 40 7iS 600 96 sos 800 1uaVo%o
R.,srv. sill 744I 100 $500 oaecoo si74asG 500
required -, mo
sgains. deposits. 11223sS11 - '''' l4i'-"'''''
s, e. ..5 POI SIC lGs s25 s33. 49,. s25
,,Sulp!IS '''-.--''' NJ 4O4 800
Percentage wv
The following table shows the percentage o'
reserve nsld for each bank IL shouu pe 81.
se-ved that the National banks are required To
keep reserve Of % per cent and state banks
one ~ 10 per cent
c,ecf- Deposits Pc.