New-York tribune., 1880-10-25
THE MONEY MARKET.
SUNDAY. Oct. PAP. NJ.

Tho i,,nortaut feature o. last weeks foreign move
,,epts i'm merchandise ar has porJ Is that the vaue
of the imports S9.339 Goo, compared win the
week oi last year. shows increase OF S-.Z"'o@o'
wbde th, value of the exports (49.27371V shows
a decrease OF $512.777. The total value oi 'he
nercbap,. .,o imported INTO NcW-l0rk from January
to October 24. 1850. IS Sl3G.732.-V
and Sl6, 800 800 greater han .or thc same PERI
of1S19 aad Is7srespecuvcly. ON the ether n't""'
the valJ. IS tIe rXport, If mercn7ndls' I'ol ''
narv ,l October 10 .IIs year show an u''.,''
only S56. .119 900 over tlc sam" iale Oh IL '''
orlv F5-.I53375 over that a 1873 ih' ''i.
ta8.c....g, The to'ai vlipc ODD tle l.ip''.' "".'
corts O.. ... .rchan I.e q. Ncw-Yorl and 'he I','''
five balance, Tor and AGAINST the p'rt Oh '"' '''
mes. ..s.. January 20 id,r. lor I.T'e e'''
Ezaor SIS. r 5.- r. So '.5.7-5aa,5i a5s.,5s-ii
ANHr. 'tees- 4i.5-s.sss o.25tH2 -----.--....
Imrors ia excess 7oss79Gl
T., I.o..ls of specie and bullion princi'ai'Y
.-,..u.. . week ended yes e,d1y amounted I'D
S5.55G-t5. making "a toa since AUGUST 81
s3g.s3} g. and since January of S4G,233'l'2.
o.. r.U.-. AMI expor, OF bullion al tli'
pr. ...., uu4ry toda, ior three years compare
q. follows: ,-o 1850
1uaar. ..........s.-.-ea2 s5as!5sooss9s 81 t7Gii
!r'''. .t.o. i5'sI5. L5os E 34.7@0S a&S5.l
Tie .... .pmg statistics ~0o" that tAc Ior..E"
ul....... .i value, other tIa ot SECURITIES, or t'"
l1. c.,. O.. Jluu rl 1. tas year. leaves balance
a,a.r. -.e port of Nrw-lo-h If 2llo133,tV-.
WIN. .Ie same time a 1879 De balance a-. inst
it e.. only S33IO9.6)1. and for tAe same time
I'M 1-7, rr- was "a balance in rs favor OIL
S3l~Ga.a-6.
o......i.l operations have been somewhat re-
t.r6 To-, ,ue iutense interest manifested IN the
+I.. ..f q -lr.. mn
mems o.. .ast week were generally duh. The pro-
visa. markets reflected the absence of speculative
snpY r.. Bog ID gradual decline u prices u tie grain
markets. r-ices also have yeIdei TO decline I'D the
exp.r. demand and the speculation tina was So mo-
ticra5lr during the preceding week seems TO nave
suos.d-.. Cotton variable being higher early
in the week ou reports of damage from frost but
later r.ae .ug. The Financial ant Conaar0a CiroR-
fcle give, the movement for the crop year
Srptemuc, l to October - follows: kecep
al tie p9r -1139 400 bales tins year agalus,
g76.-21 I. co u 1879 and sls.O1j bales un lo'9
exports 1a-.79 bales this year against 4JGiG5
bale, I'D 1879: stock 20 tins port, Oc,o-
ber % 1-SO JJ31St blcA 1879. 4i7,2J0
bale. %. tIe iron trade The LnJiHe~-ia3
and i'..I! Journal remarks: lhe demand Tor iron
OF all SIud aas been unusually Quet during tie
past week. and mere are sui n1 ind caIOu- Ot an
early rry val. Ii Is q Veu-kaovn fact, however,
that tIe consumption D. 0uite large, and r IS sui-
posed tla stocks IN many cases must oe much de-
pleicG aal q very actiye market Is eventually eE-
pcct,d. II is uIm1r.I that William lI. Van
derb has, purchased between 10000 arl
7J.OOa tors of English steel rails. ID DE al down
here a5 4 cost of about SG}. Ou.-Iie OF this We
laarI ot u, busIne 3. Amercl4 rIls are quoted or
SGJa r5i. Iron rails are also quiet AZ present. and
are Quoted al S450StG7 The cooler weather Las
a.. 4 han for d1
mestc sizes of anthracite coal but middlemen
ore so ,e, stocked up that th- demand has hardly
affected ,ne trade Of the producers. The qaanIy
of coa ou hand at 'tide-water' reported by tn.
COMPANIES September 80, was 6SJ. 73s tOns-an ac-
cumuatiou Of 65, $50 tons from August 81. There |
L. talk Of total suspension of mining during |
the first week of November. II probable that the
system of mining that has prevailed during the /
whole of this year-fiequcnt intervals Of suspcn-
sion and the production OF the greatest possible |
quantity during the period of work-wlll be found |
BY the companies annual reports 10 have been very
expensive system. The dry-goods trade, Il whole,
was ht,i. more than 4 hand mouth traffic and |
that al thatis expected at this Of the year.
The clothing trade, however made fair amounts of
purchases Of spring goods, to be manufactured for
Dext springs trade.
The changes IN the bank statement reflect the |
known movements of currency for the week ended !
October l6 rather than those of last week. and |
although the statement shows the loss of 626 100
In reserve-$1, $50 400 specie. less gam of
Sl24 800 legal-tenders-the Is every reason to
believe that the actual amount of held last
FRIDAY n ght was considerably in excess Of the
average reported by the statement. But the con-
tinued ex panson 81 231.f 100 in loans, until that
item figures at 1917 7.043,300 was regarded BY con
seryatye people an unfavoTabe feature he de-
crease of II, ,735. 800 IN deposits is 81. .412. 700
greater than the amount of decrease that
is called for by the other changes. The
total average reserves for the week-5pece and
legal-tenders-are reported at S.773,200, or
500 93s 900 more than the amount held at the
same date IN SO but All increase Of S47, $40. 600
In loans raises the deposits that now the 25 per
cent rule requires reserve Of 7j.207. $50 against
$57 81 600 tho sum required year ago. The
weeks mo yement results loss of Sl,192, l25 TO
the surplus reserve and leaves 1t at 81, go, 400
against a deficit Of $82.7OO at the same date of
1879 The following are the comparative totals of
the statements of October 10 and October %
sSss sSss - 57sstsco 800 65Si5Sco poS i7533o
Ieea.- l$o$5.o09 5l5g 800 800 Inc - 500
cSreaaton 80. Is62sIOO la7OO,eOO Inc 7l.5oo
The following shows the reIBtion between tho
tot.l reserve and the total deposit liabilities:
so, oes ss 800 5% ,s os s 1880 2s Dec casnfs 758foS
TSss fsseTys ocsss,51o 7s77Ssoo Dee lozGo0
Reserve rcd,red =, c., -o. .. no. ,.o n a., o-s |