The New York herald., 1876-12-11

Fine gold bars. par 4
GOLD MARKET.
Gold during the week declined from 10sI to l07.
The latter the loves, figure that has been reached
since 1873. The shipments from England TO America
have in the main been on OF the Syndicate.
II will be observed BY the bank statement that, until
this week. the banks have shown the effect Of the
large arrivals and now do only in small degree
The inference is a fair that the remaining millions
safely housed in the Sub-Treasury. The low rates
OF exchange, the prospective payments by the govern
ment in January and the peaceful aspect Of tor
eign advices, have combined TO mako speculation
heavy and prices lower. Some bankers however, look
for sharp reaction.
BALANCE OF TRADE
In our continues attract unusual attention
the monthly report OF the Bureau OF Statistics. The
Official returns for October show further reduction
in importations, tho figures for the month being
$34 2o7 .9ll against SS6sls,0l7 for October, ls7a
The exports for the month not exhibit SO large
ratio increase during previous months the total
shipments OF domestic products being valued in cur
rcncy s5395 5l2 against $50, 27s October,
1873 For the past months Of the calendar year
the Imports specie included amount $780, 200 900,
against $45I 200 900 for the ike months OF 1875 show
ing decrease OF 74,0oo 900 in that PERIOD ~ the
rase OF SIS, 500 900 per annum
Comparing the months totals Of Imports and
ports, specie in each included. have the fol-
lowing result
1879 1876
Imports .............. $i54, le2 S9s s3so, 2lo 40
Exports ............... 4,2, 366 so4 6os, 96t 50s
Excess OF cxports.... Sls.l73 400 SIPS, 093
GOVERNMENT
This class OF securities during The week have suf-
fcred unusua. decluc. yet not so M uch as might
have expected in connection with the sharp fall
In gold Meanwhile II is noteworthy TACT that they
have been active IN response to buying movement
by those who having faith ia tho stability Of the gov
credit. have availed themselves OF the oppor
,unity to increase their hoard at the existing low
prices II is said that the principal sellers have been
German bankers, and their transactions In 1ves Of
1851 induce the suppositon that tho prussian govern
ment is dlsposing of this class of securities which
1t purchased several months ago.
STATE BONDS.
The dealings in these nave been moderate and unat-
tended by important changes. As wo have said be-
iore the people who invest in Southern securities
from by the unsettled condition OF po
liical affairs When IL is known. however. that the
credit OF the Southern States now in dispute once
more under the control of their citizens there is
no doubt that prompt and upward movement will
take place.
From the exhibit OF tho debt OF North Carolina
given by the Governor In his message It appears that
the the lst OF October 1876 including special
tax ponds, was Sal, SAG, $50 45, Of which
sl3 OO0 900 consists Of unpaid interest II is further
said --"Nolhing has yet been done under the act
passed by the last General Assembly to compromise
the State debt. Tho Of our State bonds held
by the few creditors signned their Willingness to
accept the proposed compromise was SO small that il
was not deemed advisable 10 incur tho expense OF
having Londs prepared and OF leyyng special
tax upon all the taxable property OF the State Tor tho
purpose OF paying the interest such small amount
II is very important that should compromise
mute and settle the State debt, that financial
condition may be the better known both At homo and
abroad and public credit again established on
firm basis"
FOREIGN COMMERCE..
The foreign commerce OF the port for the week was
as iollows:-Imports Of dry goods and general mer
chandsc, So $685. exports OF produce, 50 gSa 6l6.
aud specie exports Sl62 1872 Tho total imports
January this year wcro s295, ,4s7C0s, against
s3O5. 574 Ola for tho same period last year AMI
1870 677 $50 1874. The total exports OF produce
since January s253 52s 675 against s23 37s.9
for the corresponding period last and $500 Sl $40
in 1874 The total exports Of produce since January
this year S42 s62 against 2sl Tor tho
corresponding period last year aud $780, 81 l33 In 1874
The imports OF s5ecie for the week 81 l47,071,
principally gold CON-
GROSS RAILWAY EARxfSos FROM JAxrARy TO DEcEx-