New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-12-20
THE MONEY MARKET.
srNDAY. Dc. DR.. NJ.

SUNDAY. De 10-r. NJ
The value tST. 40S 1851 of merchandise imported
INTO New York for the week ended Yesterday was
about tro same as that for the preceding week,
Ss76sl7 less than for the same week OF 1879. but
S3O147s0 greater than for the week OF 1873.
Toe value Of the exports of merchandise from this
porr for the week ended tuesday December II, was
$7255 74s-or 1923 900 less than for the preceding
week bu S102. l46 greater than for the same week
o. 1879 and 1928 0l5 more than for the week OF
1878 Undoubtedly the exports of last week were
much reduced ly the almost imposs5ility OF nego-
tating exchange bee luse of the sirinreGey OF the
money market The total value OF the merchand' se'
importations a. this port from January 10 )eerln-
Der Is TINS year is Sl25, 552910 and SIG 63Soof
more than fer tie sumo time III 1879 ana 1870 r.
spectivey; while the total valne Of the exports OF
tie por, from January 10 December II Tins year IS
only S58. $50 977 NOR" thon TOR the same period OF
1879. and only Sj7. 67S557 greater than IN 1873
The following table the total value OF me I'M
ports and exports of merchandise a. New-loTk'
and the respective balances for and against the
port. on the business since January 1, for three
years:
ssss ss ss5sS Ss seq ' 9sss
KSTris - czces. .a....,, 80
lI %, STsoI ~ eAce.' - 6Cu7.7sG
cnlH Tor the week ended yesterday amounted to
s. 800 500 ma1iog a total since August of
So. Os7 452 and since January l ~ S6s,O73 i5l.
. The imports ami exports of bullion at this
port since Janu-ry 80 date Tor sree years compare
as follows: ,o
Import. l77si ,s sss}s1sos se,ofa .!
Imports In 5iis c1so.is 5i59i 6547os5 5290osl
ne foregoing statistics show that the fore gn
movement OF values otneT than If securities on the
business since snuarv /. this wear, leaves balance
agai st the port of New-Iork OF %l26.336 SO
while for the tune in 1879 the balance against
il was ONLY Sc3, 72O J3S, and for tn same time III
1878 there was balance III its favor of $40 lOS42O
The bank statement of averages for last wees Is
IN marked contrast with tn statement fol ne
same week of last year. This year the banks gain
e, 1873, 100 IN specie and iega-tc lders; last year
they lost a.. 226.50O specie and $561.000 legal
tenders; total. II OS6.500 Last year the loans
were increased 50 34s 600; this year they are re-
dlced $3.50 600 and las year The weeks atement
was made on falling averages for specie and legal
tenders while this year 1t Is made on rising aver
AGES for both Items The evidence IT the latter
statement found in the fac that the ASSAY Once
paid Tor So 467 800 imported gold during be week,
bat for only less tnan 5000 900 be ore Wednesday.
The Sub Treasury operations which include The
payment of the Assay Office checks, from Saturday
morning TO Wednesday night showed L net reduc-
ton III It's balances of only $60357, while for fne
full week ended Friday nIglt the reduction
amounted to 81 ,903996, which was supplemented
on SATURDAY. by % further reduction OF SL,G95.536.
Saturdays operations iuc udei the payment OF
checks given by the Assay Office Friday. Hence
the banks gained $500, 900 small portion of
of which counted in their averages only
three DAYS, greater portion two days,
aud th, remainder only one daV. The total
average reserves for the wees-specio aud
legal-tendrrs-are reported at S6S,996,2OO or
So 500 900 more than the amount Heid al the same
dale III 1879: but an increase of $15.21l.50O IN
loans raises the deposits that now Inc % per cent
rule requires reserve OF S6G,907 40 against
SCI. 529. $50 the sum required year ago. The
weeks movement resuiJs in gam OF 50, 17l,923 TO
the surplus reserve. and leaves 1T at $2.OSS,725
AGAINST 81, 500 so AZ the same date OF 1879. The
following are the comparative totals OF the state
ments of December IL and December Is:
Dec II. Dec is Differences.