New-York tribune., 1895-02-18
CRITICAL DAYS FOR STOCKS.
SYNDICATE INFLOENCEo.
THE FEDERAL TREASURf-bANhS AND
MONEY-REVIEW OF THE WEEK.

,rovEy-RFVIEW OF THE WEEk.
SUNDAY February lip. m.
Tho United States Treasury received last week
from, customs sS62S 4Sl from Internal revenue W.
l9i7is and from miscellaneous sources Slis'oi''
total from all Sj9r.l96, against Siso'''H III 'h'
nrecedjng week The weekly treasury statement
eboOed an increase Of $o,sSl.5il In the aVallaoie
Zach IN vaults and deposits In Natlona! banks
annsrently increased only S53l456 but in reality
much more The receipts for the hscai year u
d.,o am ,unt to si99 sos 96s the receipts for the
month to date S.15.111. the expenditures for the
,,o,tb 70 date s1S14O9OO and the expenditures for
the fiscal year so far $2396l6S27 the excess OF ex
nenditures over receipts being $39,707,s59.
The principal weekly changes in the vault bal
;nces were made up as follows: An increase in
the gold balance of $6,79s334. due to an increase
in the coir and bullion item of $576654 plus
decrease Of 81, ,031. $50 in the amount of outstand
ing gold certificates, which of course, returned 10
The Treasury: an increase in the silver bal
ance OF S53l ,456. which is the sum of gam Oh
s25S O66 IN silver coin and bullion and decrease
of S273390 in outstanding silver certificates (wheh
returned to the Treasury. and a decrease IN the
lega-tender balance of SS6.sOS. which is the dlHer-
encc between an increase in the outstanding cui
rcncy certificates of $lS00O0 and an increase i'e
the amount OF lesal-tenders in the 1reasr' s
500 o9e Holdings Of National bank noss ~ ue
creased S3404 422 Treasury notes lssueu unue , ~ to
law OF 1890 to the amount OF s,oo'Soe 80 nd tho
ane i1eaa e tbnso as notes in circulation was de-
creased by this sum TO $ll@2oo.s'o. "Tational
Srys Liability for tde and the deposits
of lawful money on that account "o"
635 600 ...,ort comnared
Subioined is Saturdays statement co'"p"'Vu
with that Of February ?:
Gold coin and bull
LOIS ion: esS So o453a3 sass43es7 nc Sc 33i
T. co,siacntes n1,s' less s571e2e sc42l Dec Sc 7Ss @
Na, banE ld.s notes; ana 'so''s2 '4o'''0 Dec
,,danes qll1e less GER l52o7s 577e2a7 Inc s4'e
cas-, in sl4s ,as 30 s55 7oI $50 26co
Dsp@snIs ,psnaI banks 14s723s9 14s46o2e Dec. 2ea67
u,h,s cash sl,a 67i GA si7o5479 9o Sc s'62 293
pEdpG. s,Ss minor ma 21ss7sl2 222s25a4 Inc so4 7S2
,., , ,,, Sll2 s,s soe sl4s 2G5 3l3 Inc s5.9sl5i1
.rha Tres ,iirv is short its 800 100000 in gold
,aserve 81 1.6 225 or il 50 on Thursday night
Iast the conditions Of which day are reflected In
this statement The 1fhclal announcement 10
dav however is that s2l.OOO.D0 has been received
his week on account of the bond syndca'e.
Srch being the case, the net gold should be at
leas; s63.0i5,533.
BANK CONDITIONS COMPARED.
Vv the operations Of the SubTreasury in this
c,,v during the week ending Friday night. the
associated banks (or in this instance. the trust
corpanies) lost S5.6G5l25 The weekly bank
statement showed a deere lse In loans OF Si-Viooo
a decrease in lega-tenders of $41.6oO. and de,
crease in specie of $s4l 2Oo the decrease OF 'otd
being sSs2soC The statement can hTrui. .i'
reflect the situation later in the week than lues-
day or Wednesday; and this weeks figures ought
10 show something of the bank movements III me
syndicate business. On the whole the statement
is rather encouraging. II the million or so taken
from the deposits was not locked up 'and prooa-
tly it noD. then 1t has gone INTO business
extension. The result of all the changes was
a decrease in the surplus reserve OF s292soJ' ana
tho hanks held in excess of legal requirements
sS351SH5 against sS3 225 the previous week
and against s74536.s25 in the same week cf 1874
and sl3.605,900 in 1899.
The following are the changes for the core
spending week in the three preceding years: 1884
Loans increased $G.743.30O. deposits decreased
s41 100 cash decreased $2,l42.sO0 and surplus
reserve decreased sll .096.S75. 1s93-Loans De
creased sl7655O0 deposits decreased ss.lS45Oo'
cash decreased S. 300 and surplus reserve 90
sS4S75 1Ss2-Loans increased s1.6Sl: 200: deposits
increased s6ls52oo cash increased ao@ SioioO anu
surplus reserve increased $2l2.4OO.
Subjoined is Saturdays statement cohpai'u
with the corresponding dates of the preceding
two years:
Loan, s4G2 Bis coo s43a s2s. 300 Sass :s2 oo
Specie ......'..' soS SS" %S 81 l9 400
beSosi,s 4sseS2oo l22oo 592 g, go
Circulation ......... 55is 800 ll"'o'o"o "'fi'' ''"
The following shows the relation between the
total reserve ana the toldi uePo9i' VI Wv -
spective dates: - go 49,
s F,s 81 e go 50 So F:s i 80 F:s q q 20
iegal.,endes ...... IS sos,Yo losi47oo s5l494o 400
Total reserve sIs4 500 200 s2o7 oss slec572 100
srsins, deposits 12o 10000 1872 4oso75 1873 o5s c75
surplu. . sisco'sos s74'ses sas 1888 'ia 4 .2i
The following table shows the percentage OF re-
serve held for each bank 1t should be observed
that the National banks are required TO Keep a
reserve Of % per cent and state banKs one o' 10
Per cent: