The New York herald., 1872-10-13
FINANCIAL and COMMERCIAL.
A Happy Conclusion to the Week
IN Wall Street.
THE "BULLS" GO HOME ELATED.
IN Money Market Easy and the Rate on Call
SaS Per Cent at tho Close.
A"G0OD" BANK STATEMENT.
y Gain Of Over Five Millions in
s Legal Reserve.
THE SURPLUS NOW So, 500, 900.
A Corner" and a Rise in
Pacific Mail.
GOLD STEADY AND DULL.
The Foreign Trade of the Port
for the Week.
THE COTTON AND SPECIE MOVEMENT.
THE SURPLUS NOW So, 500, 900.
A Corner" and a Rise in
Pacific Mail.
GOLD STEADY AND DULL.
The Foreign Trade Of the Port
for the Week.
THE COTTON AND SPECIE MOVEMENT

STREET.
SATURDAY, Oct. 12-8 =. NJ
On 'Change to-day cotton was in good demand,
and Nc per ID. higher for ''spot'' and S-lec &c.
per b. higher for future delivery. Flour ruled
steady, and wheat and corn were quiet and with
out essential change in prices.
THE IMPORTS OF THE WEEK.
The total imports at this port during the past
week were $e,so6,9s5, composed OF 81, ,4Os, ,24O OF
ary goods, and S. s.745 Of general merchandise.
THE EXPORTS OF THE wREK.
The exports from this port to foreign ports dur.
ing the past week were $e,225, 7os. The total ex-
ports since January are SIT, III, against $1s4
1b6.641 during the same time last year.
THE COTTON MOVEMENT
me total receipts Of cotton at all the ports dur
ing the week were 81 26s bales against 414e bales
che previous week. The total receipts since Sep
tember I, 1872 have been sls,oas bales, against
1Se,c17 bales last year, showing an
INCREASE IN THE PRESENT CROP
Of f131, 42l bales The total exports during the week
were 1884 bales, against AT in 1871 and for the
expired portion Of the cotton year III, ,341 bales
against 1892 bales during the corresponding
period last year. The stocks at all the ports are
1914 bales against LAG, 4So bales In 1871.
MONEY EASY.
Money opened at q per cent, declined to per
cent and closed at o 3 per cent. Prime mercan-
tile paper was quoted q IL per cent discount
with actual business at 10 q ~ per cent. Foreign
exchange was quiet and unchanged on the basis Of
l06x 1851 for prime bankers sixty-day sterling
and l10A l10S for sight bills.
THE BANK STATEMENT.
The weekly statement OF the associated banks
proves highly favorable the gain In specie ana
legal tenders being over six millions and the gain
IN net reserve over five millions. The statement is
made on rising averages, so that the condition Of
the banks is really much better than presented In
these figures, and win be more truly indicated by
next Saturdays statement, should no untoward
movement occur to disturb the present
RELATIONS OF RESERVE
and liabilities. Were the banks to report their con-
dition as they stood at the close OF business this
afternoon the gain In reserve would doubtless show
~ much as eight or nine Millions The easier posi-
tiOn In which the banks have found themselves
has enabled them to send large amounts
OF currency to the South and West, the outflow to
which regions is shown in the discrepancy between
gain Of only three and half millions In deposits
against an increase OF over six millions in legal
tenders and specie. contraction OF a milton and
half in loans is not SO readily explained unless by
the supposition that the banks
CANCELLED MORE LOANS
IN the earlier part OF the week than they made IN
the latter, the principle Of averages making the
result appear as in the statement The gain in
specie s just about the difference between the
Treasury disbursements by public sale and for
interest and the receipts on account OF customs
duties The increase in legal tenders is accounted
for by the Treasury purchases Of bonds, Of which
only $4 900 out OF the I'VE millions bought had
been turned in at the close OF business to- day. The
statement contrasts with Its predecessor OF last
week as fOllowa.--