New-York tribune., 1894-01-01
CONDITION OF THE MARkET.
ELEMENTS OF UNCERT1INIl.

A GENERAL, REVIEW OF THE LAST YEAR
-sEcEETARY CARILsLE'S ATTI-
TUDE-EEcENT RAILROAD
RECEIvERsHIPs
Sunday December 3l-p. M.
The United states Treasurer received IN tne
five business days last week from customs S'''''
425: from internal revenue, S2l6S,IS6, ana from
miscellaneous sources. s3S7.OGl; total from a''
si413272 against sG0ss,63S in the pre'eo'i's
week The falling OF was marked In all the
items The weekly Treasury statement SHOWS
n slight increase GSiCoo) in the net casn III
vanilla but deposits in National banks decreased
s94 7es SO thai me net cash balance is sloloo
less than week ago. Although the decrease
was not so heavy as I'm the preceding week the
gold balance was reduced by nearly Si'V''''''
and almost all Of the decrease was repreSe"'''
By an actual loss In the amount "i Soiu He''
by the Treasury. The net gold balance Has
now fallen below the amount on hand on ''''-
bor 70 when IT reached the lowest point since
the resumption Of specie payments. con-
tinrous further decline seems probable. In view
% the state Of the Trcasur"'s inanoHs. Tne
total Government receipts rog December were
s26O27 s97, and the expenditures were s5ol'S
an excess Of expenditures OF %ljoC22 For
the first six months OF the fiscal year the re-
coipts have been Sl5j. .4sl.3l4 and the cxpcndi-
lures SlS9 800 022, deficit of $3i.OiS.'N
The principal changes in the vault balances
were made NJ as follows: \ loss in II" Soh
balance Of SAG 7G9 by a docrcase of Slo>tais IN
coin and bullion. less a reduction "i $iioVp IN
IN. amount OF outstanding certificates, gam
I'm tho silver halarc. Of SGf2.95g, BY m increase
of $3.50 133 in coin and bIilion. plus rrduc'l'h
Of Si02 22G in outstanding certificates ana ifras-
ury notes. and gain in the legal-tcnder hai-
ancc Of Sll l.72G. b. an increase Of $l.o'',125 in
notes minus an Increase of floA2.pOj III cu'-
roncy certificates. Holdings Of National bank
notes were increased b. S3l5.1F There "eI'
s221 600 Treasury notes retired. but $2i5013 was
rcis-tied In the cours. of business. making an
lncrensc in the yolume Of r''n5ury notes ts,.. ~
circulation of $3.oIG. The TrcaSurys iiabili'Y
for the redemption If National bank notes was
again enlarged by $i59,5S5, aAd deposits "f law
MI money on that account amounted al 'nr
end IF the week TO $22 O4S
Subjoincd Is Saturdays statement. compared
with that of December %:
Doc - Dec 30 Differences
1s,s. .... SO ie2 i0l sSi 40 - Dec. S3iG 20?
Mi ssss . = 5 s:: !: 55, sss s, I3c nc 4 l2 e
sil,er collars ani
r' tacS,', ..,... ssa77oI COCO cc5 IN. Geo 80
Cash IN Treas. sos CO, 2le sio5Goc Inc. ssicoo
Hanhs ri1S o.'.. j." >@' ic5l2s m,5eaao Dec o479,
Total talancc. .sii7 go 80 slI729,ai Doc S'oos
srive ...~...... 10000 oco 1oooooooo .....
Ne, cash bal. si72;o4a si7@i9aa5 Dec siolo.
BANK CONDITIONS COMPARED.
BY ;he operations of the Ncw-Yorl sub-Treas-
ury in the week ended Friday NIGHT. which in
cludcd deposits e s3S000) for payment a.
other points the associated banks gained
sl5.ssl The weekly bank statement published
yesterday showed an average gain in cash
Of si17i9Oo. The gain in legal tcnders was
considerably more than the gain In specie.
which, nevertheless. was surprisingly large,
but the total increase was materially in eX-
of expert estimates. Tho large increase
In deposits taken IN connection with the mod'r-
ate expansion in loans ,;l.2la90O. simply re-
fleets the lack of business demand and the pro
valling dlstrrs; which takes money from enter
prise and piles It up in hlnl vaults already oyer
loaded The dlscrepanc; IN the various details
was unusually large the increase .n deposits be-
Ing nearly Sl.J0oo0D more than tho oth"c changes
called for. Tho resui, of al The changes ~As
gain of seS773,5 IN ;he surplus reserve. ard -"
banks now hold in excess II legli requirements
SSoSli.i5o against sc>3255o IN the corresponding
week year ago. and SS.j7c.S75 1t The same tine
In the preceding year.
The changes IN the corresponding week ir
ihrce preceding years were az follows. 1892
loans decreased $ilS.g0,. cash increased $il..-
500. deposits increased 500 900 anl surplus rc-
serve increased 1862 81. lNSl-loaEs incre2f"H
50 s6l. 900 cash Increased Si>o.eio. deposits in
creased Sl0.3li 300 aud surplus resrrf" decreased
s. 22i7915 1880 loans decreased N."'b.-O'. cash
increased $3.50 ioo deposits IN reascd N.'2'"oo
and surplus reserve Increased $j.22o.2,'.
subJoined T. Saturdays statcmrnt compared
with tho corresponding dates OF the preceding
two years
roon, SO s'.7.. =, 81
specie ............ "ip72 go ,3ab>'0p lh' BIG .n
I'.sai tenders .... 3i>ltipp '2uiNG) iui. .io> ="
Ii.finsits -lN-'' -. ' ~
Z 'r.su Haiti, .s.tsF J. b
The following shows the relation between tn" /
total reserve and the total deposits at the re /
ep'ctVc dates
I..sal-'enirrs ...... 1;>li'r i:ol> IA" l"i. .'o'2p
Reserve .......>2a 7,Ga 500 sii7e>s9ao SO s2AceD
again; d~I5ai.. iie55sa'o l'lIs7a5o ieicle 800
suuu. ........... si72,2o,, SG>so55o >No.>l5l5 '
J.r-, rf,..
The following table shows the pcrccntagr ~ .
reserve held for each bank. 1t should he OBJ /
served the National banks aye required 10 keep /
a reserve OF p per cent and State banks one Of ,
l. per cent:
Banks Loans. Specie L'gals. Deposits. Pc |
ENl Ne A1l.O..o , 2..-"ptp '.htf't - : otJ i3I /
Mnmhlt. c. Il -, CO. D.. o. , D !jeJ 90 Ht |
M..h,n NJ x !, %, l3Ji,Oo - % 90 sl.OOi:t /
H. o. Aulp 7l7..aO 1A., 3JJ o., ~ Is. 30 3:o t
IhrIl Nat. 371.. 90 ..O,i" ; uu' .if3 80 %.
Nat. CT - - iJf rs 500 f1, 30 - ,' or jl3 /
Tnd.s y g.. 2Ol 100 BIZ - | % -. 300 3i.' .
I ,r.u X,t.@. $500 3 j.u1", q co., - o>O fl.4 |