New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-12
M CHANGE IN THE MARKET.
..,IrRE OF THE GOVERNMENT LOAN
~ STIMULATE EITHER SPECULATION
AR MERCANTILE BUSlNESS-THE
VOW PRICE REACHED by Sill
YER AND WHEAT
Sunday. February lip,

YER AND WHEAT.
sunday February lip. NJ.
Tho United States Treasurer received last week
.or, customs s21s,777: from internal revenue,
e. se4 7ss and from miscellaneous sources F''o-
ia. total from ALL sG5S7,359. against S''S"-
559 in the previous week. The principai part
NJ this increase was in receipts from INTERNAL
revenue and miscellaneous sources although
there was a slight gain in customs receipts
The weekly Treasury statement shows an IN
crease of SAL S6S. lOl in the net cash in vaults.
and decrease of $5S4S0o in deposits in National
hanks The large increase in the gou ana
legal-tender balances was due to payments on
account of the new Government loan. the net
cash balances. according to the statement were
strengthened by $47303S01
The principal charges in the vault balances
were made up as follows \ gain in the gold
balance Of 1873 III 535 by an increase of SOS $685.
3O5 in coin and bullion with reduction Of
81 se4 23o in the amount of outstanding GER
tincotes: a gain in the silver balance OF sS62,-
35s by an increase of s2S9S14 in coin and bull
ion in addition to a reduction of $512.539 In out
standing certificates and Treasury notes. and a
gain in the legal-tender balance of S13619lS9 by
an increase OF S12.9191S9 in notes. with a re-
duction Of S76O00O in currency certificates.
Treasury notes to the amount of S6.9S5.5S5 were
returned largely on account of the Government
loan and the volume of these notes in circula-
ton was reduced by s7.G24 $50 The Treasurers
liability for the redemption of National bank
notes enlarged further by S2705l7 and the
deposits of lawful money on that account
amounted at the end of the week 10 s24,764.6o4
Subjoined is Saturdays statement. compared
with that Of February 3:
Feb g. Feb. 10. Differences.
Gold coin and bull
lion less certif- 49, ..-
t. s Notes less T'''''''''
s ss ssS no:: S esss IaS i'ss s5s
sF s.iiio G0 Iers an" dsr
tidcates ....... 772i0So s5SG i33 Inc. So 500
Cash in Treas SOC o41 scG sl43oo9 4G7
banks . 1i76ss45 n2o5oi5 Dec. 5Gi.sco
Total balance s1o7 s11 2l1 Inc si7
Less 800 OOOOoO
legal-tender
serve ...''...'. i"V"'"' ''"'V''V'V ''''''''''
Net cash ball. s7sii2i1 S55I145l2 Inc s47 800 aoi
BANK CONDITIONS COMPARED.
BY the operations of the New York Sub-Treas
ury in the week ended Friday night the associated
banks lost S3i.797,1O5. The weekly bank state
ment published yesterday shows an average loss
n cash of $50 397. 300. Deposits with the Treasury
on account of the Government loan are wholly
responsible for the changes The bonds have not
been delivered of course. and it was not until
Monday that receipts were issued. These receipts
the banks have treated in different ways. but
naturally some banks have continued to count
them as cash. An increase in loans of Sl3,Oo4,5oO
hardly represents the amount Of loans which
have been made on account Of bond subscTip-
tons. On mercantile and Stock Exchange bust
ness there would probably have been decrease
in this item. The statement, however, was con-
sstent and reasonable. The result Of all the
changes was q loss of S25 9S9 300 in the surplus
htf he han
requirements 1888, 700 against sll21O5I9 IN the
corresponding week a year ago and S55,Oo1,S-o az
tine same time in the preceding year 49,,
The changes In the corresponding week IN 'hlee
preceding years were as follows: 1S93-loans de-
sed 1925 100 cash decreased 81 35 400 deposits
decreased s3,727.9 and surplus reserve De
creased $1,4l3,425; 1S92-oans increased So.o5|.Oo
cash Increased 81 FOL 300 deposits Increased, So
1e52oo and surplus reserve increased szi-4oo;
$11O6, 400: deposits increased. s25I43Vo' ana sur
plus reserve decreased $l,I4s,9'5.
Subioined Is Saturdays statement, compared
with the corresponding dates Of the preceding
two years:
Loan. s4s4 >; 100 s 49, 8. ~ 900 900
zssssead:i: $685.. '; slills ii$!si
Deposits o2 4'l .2 ' - 1913 S az,
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates: - .-,,, Nh, s,o- -,o 30,
Legal tenders ..... 51.1l1.3D GO 233j'D ll131slp
Reserve .sic4oiC.soo s1io227.5Oo s2ie.l77.soo
against deposits. Iaoao2s75 122.oace25 laa5ai.1oo
saa c's s.: si72ocs7, ss'c'' 80. ioS
The following table shows the percentage OF
held for each bank 1t should be oD-
served the National banks are required TO Keep
Of % and State banks one VI