New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-25
STOCKS AND THE NEW FOURS
EFFECTS OF THE BARGAIN.
CONDITION OF THE TktA"'" 10
THE BANKS sHOW-FEATURES
OF THE WEEK.

OF THE WEEh'
Sunday. February 24-p. m.
Tho rr;,od states Treasury received last week
So, o,s,ors 80 72Oss2 from nterna! revenue
e. AGO ssO and from miscellaneous sources SlV7'i'o
,ota, from all. s5294677 against so'94l,l9e IN the
rocedng week The weekly treasury statement
boved an increase of slS.7Ss'o6' In the aVaiiaoie
oas, in vaults and deposits in National banks
a.on,Iv decreased s619521 The receipts for
or aoa1 wear TO date amount to ,O52. the
.oo,n,s for the month to date $lS,00,l95, the eX-
nendtures for the month to date S22,554,759 and
tho expenditures for the fiscal year so far $244-
oqo CSC the excess Of expenditures over receipts
being $3ss266S4
The principal weekly changes in the vault oai-
ances were made up as follows: An increase in
the gold balance of 81 9S4s5S due to an increase
I'm the coin and bullion item of $21SS2S3S plus
the decrease of $40 800 in the amount of outstand
ing gold certificates which, of course, returned TO
The Treasury decrease in the SILVER paiahce "a
1891 $685. which is the difference between gam OF
SOS 92l in silver coin and bullion and an n
crease Of S79 in outstanding SILVER ceItin-
Gates and decrease in The legal-tenuer paia'''e
of 81. ,103. which Is the difference pet .,e.as
decrease in the outstanding currency certircates
of SIS 900 and a decrease In the amount ~
tenders in the Treasury OF s2oo. , iyS ,oo Treas
Of National bank notes decreased siS"so =, tba
urv notes issued under the law OF iosV 10 TN IN
amount Of 1928 coo returned 10 the -. 80 tbose
the course Of business. ana the a,ao ~, this sum
notes in circulation was decrease Wy ,r ,ha re-
70 s114 753 2se The Treasurys LIABILITY LOT ne zoo,
demption of National bank notes dec,ease en- that
ose and the dep9 sss so1 o. 5s4 aa"i"' '''
account in mI" ;s saturdays statement compared
with that of February 10:
Feb l6. FEB - p"e'e"'eS
lon less eef SIS SAB ee7 s7oI7s Cos Inc SCI ass
.5 ss ssss5i Dec Dec 3GssSs
t nSlIn: e 15772237 15.374.27s Dec. Sa's's
Cash in Treasury si5 So si75o0s i7s Inc siss''ss
DGp onai banks. r4s,eO2s H22O5oi Dec. ci'52l
Available CASH si7o547 ec7 as5 e74 Inc SIS o6'
p hli,ie, minor Ia 222s25a4 1882 2as Dec 25ooa's
AETNA, cb hal, s14s 265 1913 s6o $50 73e Inc s2 2ss Az
The Treasury is short on its slooW IN goio
raserve 900 221 375 or It was on Thursday night
last the conditions Of which day are rejected In
this statement. The announcement, however. Is
that So 327 600 was received YESTERDAY on account
az the bond syndicate. Such being the case, the
net gold should be at least siS'lo's2o
RANK CONDITIONS COMPARED.
~ the operations of the Sub-Treasury in this
CITY during last week five days. ending THURSDAY
night the associated lanks lost $o6lVo'o Inc
weekly bank statement showed a decrease IN
loans Of s7ss 500 an increase in lega-tenders Of
50 a7s sOA ard decrea SO in specie of s69S6OOO the
decrease of total reserve being A6os4oo Inc
statement does not balance by 81, 100000, and the
discrepancy is due. probably. 10 circumstances
connected with the bond business. as follows:
Some of the banks put gold in the Suo-Treasury
for bonds either on their own account or for
deoo.ito~s and received receipts in return whlch
,h,y cqrried in the statement sent 10 the Clea~
ing..lo,,sc as cash as loans again. some OF 'he
r,oositcry banks have reported the gold EFF VITA
IA.
q airs: which they had 10 keep no reserve while
q. ,,rs SO was right did not report such gold al
All sn.r practically is in the Federal treasury.
!. $ so interesting fact. learned by lookins oa a
,tor The las, two or three bank statements, that
Ire amour: Of gold "hei in reserve or ser
asije" til:e word "hoarded being uspieasano
u,,ti; WAS between S50OD.OO0 and SboooVvV oh
the Nhols. yesterdays statement rs hot uhlaVoi-
able. since i, indicates an absorption OF money III
tie market. The result Of all the rAanges was
decrease IN the surplus reserve o! s@oso 'uV anu
To- har,:s I'D n excess Of Legal requirements
sai<.n7e5 against s;S5 40 in the week previous
:: In. S147s.. 800 IN the same week 81 lSsi ana
81 'si7-i in 1893
- GLOWING are the Change for the CORE
s. .1ding week in the three preceding years; 1884
Loans increased $l.ss9.5oo, deposits Increased
s. $50 100 cash increased s9ls.2OO and surplus -
sorve increased 500 1913 lssi-L2ans uecreasfu
e. "a, zoo deposits decreased SlO20Jl00 cash de-
ceased Sc 9i7 400 and surplus reserve decreased
s42el12i ls92-I.oans increased A39OOO de-
posts increased S677900 cash decreased &'IS'"
ana surplus reserve decreased S@bs'soO
Subio.ncd i Saturdays statement compaieu
with the corresponding ia'es ~ the preceding
w. years: - , ~ go, e., ~ "a,
1..~e s7U..U s3fl.2l1.Gn S4s26l1th
49, - "a nOr Ino
..,l..s ~. - G,2 11O.O37.jVi sT526UH
49, AZ 7Os 100 592 742 52s $40 900
tJ,ff,. afis. ........ JjT2. .W ll.H3Gp li,'-'"p
The following shows the relation between the
total reserve and the total depOsi, Of IN" r.
s?ec.ive dates: zoe
FEB - Feb -. "a. F.h -. %
sreeie $50 900 N'T.JiJ.bO i,t8o ~"
I%gattnders JiGOZsW iIV"''''" o'''-'''V
Total reserve sl27 sol son $2o7 953 100 sol5d@ 80"
Reserve required ,.o
f:ainst deposits. llsO1T O23 lS3 lsbV" i'-' i"'o"
Surplus - sg3., 775 sIi 7d7 500 80. 10
,,ernentaps 306
The following table shows the percentage OF re-
serve held for each bank II should be observed
that the National banks are required 70 keep
reserve Of % per cent and State banks one OF 10
per cent
Banks. Loans. Specie. I"gals Deposits &c
= -