The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-09-29
FINANCIAL and COMMERCIAL.
"a Quiet Day in the Wall
/ Street Markets.
1.-The Business Of the Stock Exchange
/ Chiefly In Pacific Mail.
GOLD STEADY AND DULL.
IAN Unusual Saturday Spectacle
| in the Money Market.
EThe Demand PrOtracted Half an
Hour After Three O'clock.
| The Rate on Call Advances from Per Cent to
Is Per Cent and Declines to Per Cent.
THE BANK STATEMENT "G0OD."
The Surplus Reserve Now Over
q Million Dollars.
The Imports and Exports and the Cotton
Movement for the Week.
The Rate on Call Advances from ! Per Cent to
9S Per Cent and Declines to 6 Per Cent.
THE BANK STATEMENT aGo0D."
The Surplus Reserve Now Over
Million Dollars.
The Imports and Exports and the Cotton
Movement for the Week.
WALL STREET,


SATURDAY, Sept. 2S-6 p. M.
On Change to-day cotton was in fair demand for
both 'spot" and culture" and the market hteady.
Flour was steady. Wheat was irregular, but
closed steady, and corn was fairly active and frmer
THE IMPORTS OF THE WEEK.
The total imports at this port from foreign ports
during the week were $s3s7,2O1, distributed be-
tween $5719,2S1 Of general merchandise and
81, ee7, TAO Of dry goods.
THE EXPORTS OF THE WEEK
The total exports of domestic merchandise
during the week were 81, $780, against $5,2a2e7s
for the corresponding week of last year. The total
exports from this port since January l have been
81e6, 645,9 05.
THE COTTON MOVEMENT.
The receipts of cotton at all ports for the past
week were 84,20S bales, against 81, 2e9 bales the
previous week. The total receipts since Septem-
Der are 15s,245 bales against 76,34S bales for the
corresponding period Of the previous year, showing
an increase In the present crop OF 1902 bales.
The exports from all the ports for the week were
IL ,24s bales, against 12,41s bales last year. The
total exports for the expired portion OF the cotton
gear 1880 bales, against 4o7o bales for same
time last year. The stock at all the ports is 27sA
bales, against $3.50 in 1871.
THE BANK STATEMENT.
The weekly statement Of the associated banks is
predecessor and the reserves are again In legal
shape. BY dint Of vigorous contraction OF loans,
which were reduced over eight and half million
dollars, the liabilities have been lowered 80 to
bring them within four times the amount Of specie
and legal tenders now held by the banks. The
decrease In specie Is q little less and the
gain in legal tenders little more than half
q million dollars, and there Is a gain in
actual reserve of about $4,000. Considering the
FAST AND LOOSE
playing OF the stock cliques with their bank bal
Rnces this week. 1t would be idle to endeavOr TO ex
plain the small loss Of specie and the surprising
gain OF legal tenders. The simple facts stand that
the banks have relied entirely upon themselves
and by contracting their liabilities have placed
themselves independent, for the time being Of the
capital of the ciques, be the amount thereof more
or less AS the loans are down three millions more
than the deposits sort Of general inference may
be drawn that the banks have allowed that margin
to cover the money Of these combinations and have
modified
THEIR OWN STATUS,
10 as to preserve it free from clique control or in
nuence. The statement compares with its prede-
ceSsOr of last week as fOllOws:-