New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-08-20
OSCILLATION LOOKING UP.
nrqTER BUSINESS IN STOCKS.
.,ovEMENT OF PRICES TOWARD A
HIGHER LEVEL~lMPROVED TONE
OF THE MONEY MARKET
sunday. August 19.-p.

sunday. August 19.-p. IN.
r.o United States Treasurer received last week
80, customs $2.9oi4OS: from internal revenue.
- s,s oas and from miscellaneous sources $35l476:
".,, from ALL slO.jol.977 against $6.0j31s3 in the
,dous week The large increase was in inter-
=, revenue receipts and nearly one-haf of that
,el was reported yesterday. Presumably
go mart Of tho increase was for Withdrawals Of
.,,,,s from bond. because other goods cannot be
',sn out until the law goes into actual operation.
90 weekly Treasury statement reflected the
'.,vicr receipts. There was decrease in the net
s.b in vaults of s76O.2Sl. but increate OF
.,a4s2 in deposits in National banks made the
ain in the net cash balances. s2,S14.l0l.
The principal changes in the vault balances
-,re made up as follows: \ gain In the gold bal
,ca c: SS79 99j. by Increase of SSiSl'o in coin
oa bullion. with reduction OF $Sl.s40 in the
,rc,nt Of outstanding certificates; a loss in the
silver balance Of $l.5962j7. by increase Of
cs,sSOS in the amount of outstanding certificates
and Treasury notes. minus gain of s52946 in
ain and bullion. and loss in the legal-tcnder bal
,cs of So Sij. by decrease of $345.S5 in notes.
os reduction OF $3.50 900 IN currency certificates.
uNd,ngs Of National bank notes remained prac-
,cablv unchanged Treasury notes issued under
n ,aw ~ 1890 to the amount of 81 .0l2 43S. were
a,urned in the coutSe of business and the volume
- ,bese notes in circulation was lowered by that
smnun, 10 sl2I945.63S. The Treasury's liability
snr the redemption OF National bank notes was re-
drced by $50 22l and deposits OF lawful money On
This account 10 S26l24.IsS.
subioined is saturdays statement compared
with that Of August IL:
.anates ..... So 49, So. 80 Inc ss79o9'
ocsr'acaies 49,. 4+2l:2s A. 2.s 80 Dec. Y9s.s
ho,k
Silver dollars and
,sca,es &c.. o.cGss7o l7.c67522 Dec. l5oG257
re, IN Trasurysleo $40 as sl2coss l27 Dec s,6o3s
Df t'ons BANKS l2as'ar, i5oo7aa5 Inc sia4 +se
Total balance slSS a7oo6l sl35 754oG2 Inc s2374 iol
s,Tye ........ 100000 100000 ........
Ne, cash balance s.aa7soei a5754cc2 Inc s237.ici
BANK CONDITIONS COMPARED
By the operations Of the New-YOrk Sub-Treas-
nv In the week ende Friday night the associated
hanks lost 81 .s4>222. The weekly bank statement,
published yesterday showed an average gain IN
cash Of s.. 166 800 By whatever cause. the move
ment was unnatural. This Is the season when
currency ought 10 leave this centre. but IN direct
opposition to custom the statement showed a
marked increase in currency. The further eX-
mansion in loans by sl676 100 was explanable
only by better demand for money. A lit;e Of
this was from mercantile sources and possibly
the larger business in stocks and securities
counted for something The increase in deposits
was larger than other changes demanded. but
the statement was fairly consistent in its details.
The result If all the changes was an increase In
the surplus reserve " $s03 500 and the banks mold
IN excess % legal requirements s61S06si0 against
deficit Of sl2 045. 500 N the corresponding week
year ago and a surplus Of Sl231s.S'5 at the sane
time in the preceding year.
The changes in the corresponding week in three
preceding years were made up as follows l>S5-
Loans decreased $4,000: cash increased $iO2i,-
300: deposits decreased H.90l 100 and surplus re-
serve increased 81 49a515 ls92-L3ans increased.
s22s2 500; cash decreased. s3.60040o; deposits de-
creased. $4,000 ard surplus r@serre decreased
s3395575 ls9l-I0ans increased. H.S,j.@00; cash
decreased 2l94O): deposits decreased, s2Si''oO'
and surplus reserve decreased $780,. i25
Subjoined is Saturdays statement compared
with the corresponding dates Of the preceding
two years:
Loan. se e. 90 81 go ass q g. g. 81. y g.
tsai,,;ndcrs .::... s7as; so ?2i35coS 5000
Circulation ......... $4,000 las 300 8.76l.aco
The following shows The relation between the
total reserve and the total deposits Of the re-
spectiye dates
sp sse @. 200 'Ss IS a3 so 50 So S S 2"
Rescrre ........sl4s4saoo sSo3e9 8" s2i4 o:' So
ssains, deposlts laI los o2, 92575coo LAG 222 go
Surplus ....... sl2s7s So .sl2o,5soo sC7 SO .!
pe-sr,age .... 273 Of 3'.5
.Deac.,
The following table shows the percentage Of re-
serve held FOR each bank. II should De observed
that the National banks are required 10 keep a
reserve of % per cent and state banks one Of 10
per cent:
Banks Loans specie Iegais Deposits. 20