New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-01-29
LITTLE CHANGE IN STOCKS.
THE BOND ISSUE A FACTOR.
,,o,,,, ALTON CONTROLLED BY THE
VARYING PHASES OF DISCUSSION IN
CoNGREss-THE DECREASE IN
CLEARING HOUSE EN-
CHANGES.
Sunday. January 2S--p. m.

Sunday, January 2S--p. m
rrba United States Treasurer received last
,.ec< from customs s2549S56, from Internal rev.
orre scS43O9l and from miscellaneous sources
.ssS 779: total from all S5,76l,226, against S''''
955 in the previous week.
The weekly Treasury statement SHOWS w"
crease Of S3,5246sO in the net cash IN Nau''s anu
I, spite of an increase of $24lOS IN ueP'Si'9 III
National banks the reduction IN the ie' '"'i'
balances according to the statement ail"u"''u
20 s. 2s3575. The largest decrease was IN legal
,,,dar notes but there was again large loss
In gold coin Fortunately this decrease was
less than in the las few weeks
The principal changes in the vault balances
were made up follows: y loss In the soid
so,o,ce ~ 81 73oSlO. by a decrease of $1,S16.12o
in coin and bullion, less 2 reduction OF $0'olV Ill
~. amount of outstanding certificates gain in
the silver balance of Sl,100057 by an increase OF
,.os Sa5 in coin and bullion. with a reduction of
5000 ss2 in outstanding certificates. and loss IN
the legal tender balance of s2726,6i7. by an issue
- g 40 900 of currency certificates, with de-
,reosa of sl96647 in notes. There was a slight
.ednctjon in the holdings of National bank notes
Treasury notes to the amount of $i6999o We're
roturned in the ordinary course Of business and
Tho volume of these notes in circulation was
lowered by that sum. The Treasury's liability
for the redemption of National bank notes was
enlarged further by sS2S245, and the deposits of
lawful money on that account amounted at the
end of the week 10 S24,454.660.
Subjoined is Saturdays statement. compared
with that Of January 20:
Gold coin and bull
lion less oerti- -. -. ., 800 "a
Ca. '1ss Ho,es less o..-
x sssn no: S r. Dee
bullion less ooo--
thcates I,9S4Oo' N">f'''- i"0' i-'O0'''
Cash in Treas 500 C2c sa5Si7,962 So 5c GO
p hanks m H". 1i251si 1l4920so Inc. 94oS5
r,o, balance $40 CA 47G Sl073ioQol Dec So 2s35
Less 500 900 900
lesal-tender re- ...o ,oooooooo
Ne, cash ball.. sioG24470 s73icoo1 Dec. 50 2ss57
BANK CONDITIONS COMPARED.
Rvthe operations Of the New York Sub-Treasury
IN the week ended Friday night the associated
banks gained So $40 007. The weekly bank state
ment published yesterday showed an average gain
in cash of s7,G35,GOO. The increase in specie was
about what ought to have been expected from
the Treasury disbursements. but that in legal
tender notes fell below expert predictions. the
inward movement of currency from the coun-
try has been checked for the moment at least
and the reduction in allowances of interest on
deposits, which has been announced formally
by several banks has had the desired effect.
An unfavorable feature Of the statement was a
decrease of 1914 300 in the volume Of loans, and
deposits now exceed loans by Sl2S.S22,SoO NO
profitable employment for this vast sum can be
found by the banks even at rates Of interest
which are practically nominal The statement
vas not consistent in its details. because me
Increase in deposits was smaller by ABOUT 81
250, 900 than the other changes delnahued' me
dina iii 10y
the opposite direction in the statement OF three
weeks ago may be considered fully completed.
The result of all the changes was further gam
Of $6.2SS.550 in the surplus reserve ana tie
banks now hold in excess OF legal requirements
so3 $4,000, against s29l43,3OO in the correspond
ing week a year ago and S35.ozO9Oo at the same
time in the preceding year
The changes in the corresponding week IN
three preceding years were as follows: lh95-loais
increased ss1o5.soo. cash increased S2Sl'Wo De
posts increased sSSl60O0. and surplus reserve
increased s6l3. 7OO 1s92-oans increased s63SOlOO.
cash increased Sc OPS 400 deposits increased Sl2-
041 500. and surplus reserve increased S3ols 900
Is9l-loans Increased 81 81. 700 cash increased 81
246 700 deposits increased S5,57340O, and surplus
reserve decreased Sl46G5O.
Subjoined is Saturdays statement. compared
with the corresponding dates Of the preceding
two years:
Loan. Jaa g 20 100 'a9 3 90 s19 Z g;
EesSir .. g Ss5sc cS9ssico iIsc7@sS
c ceSI 5iis$co 55sG$oo i2G772oo
The following shows the relation between the
total reserve and the total deposits at the re-
spective dates:
Specie ....... s13 1872 COO $3.50 100 Sl2G so 500
Legatenders ...... JO2O6 100 GD.H5s.lOO l19oIONVD
Reserve ..... .sG3 1879 400 Sl45,33s 200 S2i39GG1yO
r. required
against Deposits. l27.37s5co 122lo4'oo 13G'23""
Surplus ........... S3G,U2prp S25li35O SlV'Vi"'ss,
Percentage on -" ITO
The following table shows the percentage OF
reserve held for each bank. 1t should be OBJ
served the National banks are required to keep
a reserve Of % per cent and State banks one Of
- per cent:
Banks. Loans specie I.c'ilS. Dcpsl 80
Ny NBA1l $50 600 $50 GOO 2S3O 600 1860 OuO 44
MANN Com 302 % $50 2%72 90 l6.9. roo ay