New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-05-07
STOCK MARKET INACTIVE
SUGAR THE ONLY FEATUpp
1T ADVANCES ON THE BELIEF THAT p
WILL RECEIVE THE UTMOST CON.
SHERATON FROM CONGRESS
THE MONETARY SITUATION
Sunday. Nav E.

THE MONETARY SITUATION.
Sunday May e-p m.
The United States Treasurer received last va.v
from customs s2,26S5lS; from internal revsr,.
s2.720.3sS and from miscellaneous source.
SEAS. OBS; total from all, s5,336944 arain..
$6,122,S17 in the previous week. Receipts wa,.
considerably below the recent average. but fror.
customs they were not much smaller and ~.
decrease seemed to come chiefly from mscs,
laneous sources. The weekly Treasury s,s..
ment showed some important changes in the oo,,
and lega-tender balances, but the reduction a.
net cash balances only sl99Ol5 The A..
crease in the gold balance nearly offset n,
an increase in notes and both changes were An.
largely to the exports Of gold.
The principal changes in the vault balance.
were made up as follows A loss in the eon
balance of s3,4i9Sl1, by a decrease Of S.65ssm
in coin and bullion with an increase Of s7a Ola
in the amount OF outstanding certificates: a gai,
in the silver balance OF 1899 4l9. by an increase
of s225 223 in coin and bullion. with a reduction
of 1914 096 in outstanding certificates and Treas.
ury notes, and gain in the legal-tender balanc.
Of 81 9l1 $40, by increase of sl.96.676 in note,
with reduction Of $995,00O in the amount ~
currency certificates outstanding. Holdings OF
National bank notes were not materially
changed. Treasury notes to the amount OF s26OOo
were returned in the course OF business. but
others TO the amount Of S739,4S7 were reissucd.
and the volume of these notes in circulation was
increased by s7l34S7 The Treasury's liability
for the redemption of National bank notes was
reduced for the first time in several weeks by
1927 5SS and deposits OF money on that account
amounted at the end of the week to s2613i,9s4
is SATURDAYS statement
with that of April Is:
April % Mays. Drereucss
Gold coin and bull
ion less certii- .oo roo ooo 60 acc -, - 49,.
u 5 notes less -.... '.'''''''
S ssFq ssss notes: sts5S:t 3 Bs si s
s mi,lion less cer-
tdcates ........ 1O5io4h no59S6O Inc. s1m
Cash in Treasury. 57e7oa sisf4os2is Dec sssss
Deposits in Nation
al fanks........ 115o4 osl l1.5e3.55l Dec @a
Total balance. SIG 17o7s4 sl4a97l.7eD Dec sgsgy
Less siOO.OCOOOO
legal-tender
serve .......... 100 600 900 100000 .......
Net cash balance eI7o7s4 s45.97l7Go Dec saa;
BANK CONDITIONS COMPARED.
Blythe operations Of the New-York sub-Treasury
I'm the week ended Friday night. which included
payments of 81. 1854 for purchases Of Pacific Rail-
road bonds. the associated banks gained N734n
The weekly bank statement published yesterday
showed an increase in cash Of $500 BOO The st.k.
ing feature OF the statement was an expansion
in loans Of s4.259 500 This was due not to an
increase in either speculative or mercantile de-
mand for money. because there was none, but al.
most entirely 20 advances 10 the city In antici-
patton Of the fall payment OF taxes. Another
interesting feature Of the statement was the evil
dence that In spite Of exports Of about s5500oo
gold in the week the banks gained In specie. In
fact. while the Treasury is losing, the banks are
gaining gold. In its details the statement was
remarkably consistent, but the increase in de-
posts was caused by the expansion in loans
The result Of all the changes was loss In sur.
plus reserve Of 5000 500 but the banks still hold
i'm excess of legal requirements &2SOS,l5O. against
Sl2S35175 In the corresponding week a year ago
and Sl4.SOS. 500 at the same time in the preceding
year.
The changes in the corresponding week In
three preceding years were made up as follows:
1S93-LOans decreased. 1852 600; cash increased,
$11l5, 500: deposits increased, $l,I47lW and sur.
plus reserve increased, s679025. lSs2-Loans in.
posts decreased. s3.95l0O and surplus reserve
decreased, s5,227SO0. ls91-Loans decreased.
81 444 2OO cash decreased, 1866, 300: deposits de-
creased s3547,sOo and surplus reserve decreased
81, 679. $50.
Subjoined Is Saturdays statement compared
with the corresponding dates Of the preceding
two years:
Loan. NsF g 80 s HaE q. 3! IS . Nsys
Specie ............. To- 40 200 l0oSpo
bsssiis"der' Ss ts5 100 . Siil 5 ;sS
Circulation ......... 5.759 200 5.j">oo0 l0iiSao
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates:
Specie ........ 500 2a5 400 so i6S 700 SlO00s2lo
Legal .... ~ 400 81. l59 i21$ss.6o
Reserve 47764 so Sl2l S2s 100 s227isL7@
against deposits Ia2o5eoco Jos ss.o25 iHs7'SN
Surplus ....... sllGOS5lO $l2S35l7j So SOS $50
Percentage 80 o''i
The following table shows the percentage OK
reserve held for each bank. II should be op-