New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-28

the amount used in the arts and manufac-
lures, the outward specie movement for the
past two years has been unimportant. Vir-
tually. the country has managed to detain its
metal crop for its own uses. The small out
flow of specie, which began and ceased in
June, has not reappeared in July. and the
exports from this port for four weeks have
been only $12, 500 gold and $433,S95 silver,
the imports having been greater meanwhile
as to each metal.
The last OF the great calls for 1910 bonds
has matured, and the settlements have passed
without any Inconvenience. Movements in
the bond market indicate that the settlements
have set free considerable amount of four
per cents previously held as security, and
the price has yielded little, notwithstanding
large purchasing demand. The coin balance
in the Treasury here has increased about
$1,OOO,000 since July l, and the currency
balance is now about 800, 900 larger than it
was at the beginning of the month. The
banks, meanwhile, have gained little in
specie, but about $7,4O0,00O in green
backs, including $3,779, 200 last week. Their
surplus reserve is now $13,369,950, and
strange that they neither gain nor lose IN
specie, for the record of Treasury payments
shows that scarcely any coin has been moved
either way during the month only $4,000
in gold has been paid for duties, and only
5000 in silver coin. OF the entire payments,
about Sc per cent has been IN legal-tenders,
and about IA per cent in silver certificates,
which still return to the Treasury as fast as
they are issued. No gold has been deposited
during the week or month in exchange for
legal-tenders, and only S601,862 legal-ten-
ders have been redeemed.
Although business has been unusually active
for the season, there has been no considerable
change in the circulation of the National banks
since July L then the aggregate was $685.
224, 1877 and it is now 1928, 434, 65S. But
the exchanges IN all parts of the country, ex-
cept in the lower Mississippi Valley, continue
to bear witness that business IS unusually
active. At this city the clearings for
four weeks ending on the Goth have
been 81 500, S49.662, an increase of 20.3
per cent compared with the same period
last year, Notwithstanding the number of
stocks sold has been smaller in that period
this year than last. The exchanges for three
weeks of July have been larger this year than
during the same weeks last year at nearly
every city except New-Orleans, Milwaukee,
st. Louis and Providence, and the increase
has been especially large at Chicago and
Louisville. AS to the crops, the latest informa-
ton is still very favorable. Harvesting of
wheat is nearly completed in States below the
Minnesota line, and has commenced in
Minnesota, and the kilograms generally
indicate a better yield than was expected
The increase in the far Northwestern regions
and in Kansas will be especially large. I'm
happily, the fever threatens to interrupt trade
and industry to some extent in the lower Mis-
sissippi valley, but that is at present the only
unfavOrable symptom anywhere discOverable.
Weekly returns Of the make of cloth show
that the strike at Fall River is losing its
force; the output of coal continues large
for the season; and the iron manufacturers
in every direction report steady increase
in orders.