New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-12-13
THE MONEY MARKET.
surnAY. De. 12-P. N.


SUNDAY. Dec 12-P.M.
$50, -iio,, the ARRIVAL last week of several
nj the orrrdne foreign steamers, the imports CT
-,or,h,n,is, A. New-York for the week ended yes
te,,av were v!iued ut only 81 102 .292 "A sum thai
rs 81 54I 49, greater thanthe small valuation OF the
nrreding week hut Is So. S21,o 54 less than for the
same week of 1879 and only $3.50 22 more thai
tor the week o.. 1878. The value Of the merohan-
disc exported fren this port for the week enHed
Tuesday. December Z. was S7.s7e,O42 or
S2O1 ~ less than for the same week OF 1879 aud
SI713.3I0 iscre than for the week % 1873.
The tota Wine o. the merchandlso imporlaiio"s ~
this port t.ol January 70 Dsccmb II this years.
Sl26a297.7 and Sl73. sos 1854 more than for the
same time ~ 1879 and 1875 respectively; while TIE
total valuc OF tue exports of the port from January
20 December this year is only SS5S' lSl,eSl
more than for the same period of 1879, aud oniY
S5G.75A6I2 greater than in 1878 The fol-
loving table shows the total value OF the IN
ports and exports of merchandise a; New-fork'
and the respective balances for and against the
port, on the Business since January /, for three
years:
,,- ISIS .,.l 1919 AZ &c, ESQ ssG ,.s
ia,ior;s 27591245S S2iil666o 45osi6ss7
A 81 %Dorts '''0' soOoals e.es2,747
i% q STc0l ~ excess ......... eeee51i9
The imports of specie and bullion principally
gold for the week ended yesterday amounted to
S33+7660 making total since August ? OF
$50 9J2 and since January Of S62, 6s0.95l.
The imports and exports OF bullion at this
port since January to date for three years compare
follows: zoo,
Import. !s7 SIS ssa5 1873 segssSo,l
iaportsover eI.ors J.5s2 04i 6s.s77..y5 6i7ls5s4
The foregoing statistics show that he foreign
movement Of yaiues 9th T than OF securities on the
+ltL 3 ha
against the port of New-York of $1209S4.733,
while for the same time 1879 the balance AGAINST
1t was only So. l9I COZ. and for the same time m
1875 there Vas balance Inits favsrof ~ ,0l2. lO2
The imports of specie and bulilou for tine week
ended yesterday evening are stated above al
1894. 500. The assocIated banks. however re-
ccIved from those iHDortatl0us. aud from the I'M
portatlous OF the preceding week, cay the sum OF
s.. $4,000 daring their week ended Friday night,
and the sab treasury sbsorbed NOS only all that
amount OF Assay Office checks except $37,s00
American coin bat $75674o II addition. The las
named sum is $3.50. $40 greater than the reported
loss OF sl,rci, by Yesterdays bank statement.
Therefore IL the statement of December + Is ac-
copied as giving approximately correct report OF
the banks specie III Che close Of business December
g II viii iol.oy that during last week the receipts
OF specie from the interior were greater than the
Outgo Bal such an assumption is not the fact.
With the easing OF money mere week ago ycster-
dav ami during the early part OF last
week. the flow Of money from the East
and from Philadelphia ceased. so that if the
actual >recie holdings by the banks last Friday
week hid not been much gre ter than tAe figures
OF the statement OF December T. the last statement
would have shown q loss OF specie larger than II
does 10y millions of dollars. The probabilities are
that hc transact IONS Of last week have eyened up
TIL average, that the last statement as nearly as
ever represents TIE actual condition of all the
liens. II So "A comparison of tile lasi statement
with the staten M of November p is more iu-
sfrctiye than the usual comparison with the pre-
ceding w.es. Daring the two weeks the loans we're
contractel II $50 70O-this is accomplished and
is results Deen felt. that t is not likely 10
be repeated. The deposits were reduced
E23I4I 800. The specie and bullion imports Of the
two weeks amo. n to S6,961. G60 Dut for tins
SUN tie Assn Office 10 Friday evening
bad r1ven CHECKS IA tue Sub-Iraasury for only
fiG73.1Gs tlis. with abou- 100000 of the in
port. wiac1 was "a American COIN ltntai s., 600
Is all thai $50 b44ks have Yet received benefit
from. II .pfe 1fS, however that the Suh-Greasury
not only absorbed all the Assay Ofice checks
uirou sh i,G earring House,, but 3 s20,3j7 godin
tdiflOn fr0.n t:le banks vaults The specie Oss for
the two weri.s reported by the banks IS @6.24t70O;
deduct from that the SuieIressury gan Of
$50 81 and there remains S3421,343 the
approximate figures rrpresentiug tire move
Inent OF specie 1917 the TWO weeks, The West and
and South 90 excess of the receipts from the East
during the san. time The movement Of legal
tenders Is s. small "a gain by the banks Of S4sI ZOO
that IL Is ot N -l taking into the caicEas Oh. The
decreas- do 'oal. and IN cash make total reduction
OF S25.aas 100 iu assets while tn liabilities do
pcsits AID circulation are decreased only
SIS 323 Coca discrepancy which indicates the re-
ceipt of about s. OOO. 900 in National bank notes;
this dIscrc >ic5 wholly between the two ast
statements The TOTAL reserves for the
week-s;ecie and legal-tender~-are reported at
SG65I3.1OO. or $500 200 less than the amount
he'd az tir same date IN 1879, and Increase Of
SIS 200 100 ~ .oans raises the deposits so that
now tbs - per cent rule requires q reserve of
500 59t3CO against sci. $50, 500, the required
a year ago. The weeks movement results in
S237s.G7h reduction of the deficit OF reserve and
leave, deficit of $83. 900 AGAINST a surplus of
S55s3.5l,O az the same date of 1879. The follow
luz are the comparative totals OF the statements Of
December 4 and d ceInber II
Dec u. Differences.
loans f30r7Ol 100 500. 700 Dec. Sll74l 800
Specie ..... 81 5i4 $40 53.sS5.2cJ Dec. 60l400
Ieralendcrs.. l2.8@6.7D0 lX.5lV.9bo Inc 100
Ieso,its 100. 27G.ls2,700 266.3s5.2UO Dec. g.7.750O
CIrcax ton 900. 400 ls.455.20u Inc $500
The following shows the rel Itioa between the
total reserve ard tnr ,otsl deDssit iisb tlcs:
4 Dee. IL Changes