New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-05-17
THE MONEY MARKET.

SUNDAY, MaY I6-P. n.
The Custom House returns Tor last week s" v'
-, 4he late nsnal amount of difference be-
$50 the vaue of the exports and imports OF mer-
chord,sa NJ New-York. The value of the exports
for the week ended May 11-$77O4,92Z-"as
1898 o35 less than for the preceding week. puG
80 a GOA 2O1 more than for the corresponding
week of 1879, and $s73,965 more tan LOT
the week of 1878 The value of the imports Tor the
week ended May 1889, $50. 455-was $2,39l,9O
Less than for the preceding week. but $3345,227 IN
.xcess Of the amount for the same week OF 1879,
end 60 oo1 800 in excess of the week of 1873. A
comparison of the values of the imports and exports
at the port since January to date this year WIN
the same periods of the two preceding years SHOWS
The followinQ results: Imports in 1850 over 1879,
S74. s7e 342; exports in 1880 over 1879
S1511O274; imports in 1851 over 100
1871. 293 435; exports III 1880 over 1o|o'
S4 2o4 275. The totals Of New-York's foreign COM
merce from January to date, for three years. com
pare as follows; o- ,e-o 1890
E TSCTs TO Nav H. I$osSS2 iOS55iS l2462sls7
Exports in excess OF ,.,,-o
Imports imports IN excess Oh 6ess.51s e5,455,bsi
OF the S74 s76.342 excess in imports this year
over the same time of 1870, $1,000, G24 is in dry
goods. the renaiuder-$57, 96S, 718-being in gen.
era merchandise, large proportion of which comes
into direct competition with our own industries
The last week developed little of special Interest
in commercial circles. About the best that can DC
said is that matters are no worse. Inc gialh anu
nrovision markets have exhibited rather steadler
tones and some slight improvements IN prices are
noticeable Iron, without being any better Is easier
to sell and the metal markets generally nave as
sumed a better outlook. The coal trade continues
dull-remarkably so for the season-and the great
Iinp a
of starving consumers into buying. Ine SHORT
time work is prolonged during the remainder OF the
nresent month and there is some talk about an en-
tire cessation of production for two weeks III june
But all this talk fails TO scare Che consumers mt
purchasing in advance of wants. Inc IacV lhaV
80 httle coal is now wanted establishes the COZ
rectness of the views ex pressed in THE TRIBUNE at
the beginning Of the year-that the coal produced
and sold in 1870 was not the measure OF tue cOun-
trys capacity to consume, but that the large sales
made ut the low figures of 1879 had supplied good
portion of the consumption of 1880. The fact Is
that in the fifth month of the year. aud one month
after the opening of navigation, the coal trade is
nearly as dull as it ordinarily is in midwinter.
The bank statement for the week is favorable,
but no more so than it was expected to be. Ihe
increase of 4 s5s 700 in specie and legal-tenders
represents only the gains Of the last week. bnt
also better totals of week ago than were then re-
ported for the averages The present statement,
however is probably made up with falling averages
so that the reported amounts likely to approx
mate very closely to the real condition at the close
of business on Friday The reduction of So 5635OO
in loans prevented an increase in the deposits Of
over So 1852 600 that the surplus reserve was ln-
creased $4.17O475. For the first time this year the
surplus reserve is about the amount 1t was in the
corresponding week Of 1870 (only $4,000 less, but
the total of specie and iegal-tenders now Is
1882, 500 greater than on May II, 1879. The fol-
lowing are the comparative totals of the statements
of May and 49,
Mnra MnH il. Differences.