New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-12-06
THE MONEY MARKET.

SUNDAY. Dec. OF NJ
Tho value of imports Of merchandise at New-fork
"a again small. being only $4,S6O,s $50 for the week
ended Yesterday and 81 l02 ,613 less than for the
preceding week. So 494,32S less than for the same
,rssk of 1879 and 1910 O34 less than for the week
If 1878 The amount last week was reduced by
the non.arnval of several steamers now overdue
AS consequence in the delay arrivals. there also
were fewer vessels leaving the port, which affects the
amount of the EXPORTS but for the week ended last
Tuesday the value was pretty well up to
the average having been $s.164.GS5. only
SS32 AL less than for the preceding week, ana
S1sll,6i2 more than for the week OF 1873
and 1886 53l more than for the week OF 1870
The total value of the merchandise importa'ioHs a'
this port from Jaruary to Decelnba TINS year 10
S129. $50 79l and $l73493,7 12 more than Tor tue
same time in 1879 and 1873 respectively Whio '"o
total value of The exports OF the port from odo"'t
10 November 30 this wear is only 9o''oo'''oo
more tnau for the same period of 1879, ana only
S55.Oi1 .3O2 greater than III 1878 Inc ioi-
loving table SHOWS the total vllue of the I'M
norris and EXPORTS of merchandise a. New-iorK
a,d the respective balances for and against the
MORT on the business since January l. for three
years: ,s,s 1874 1880
I ESPSTs $5a656SSi Si55559oi 1iSiiloe5
E " i%sor II excess 5l7l15u ss2a5sI
Imports IN eNcc's G6740s09
The Imports of specie aud bullion princioaIiy
gold, for the week ended yesterday amounted 10
S3614.1G2 making total since August OF
S53347 202 and since January / OF 3o9'"il'z9l'
The imports AMI exports of bullion az tn''
port since January to date for three years compare
as follows: 1910 1874 1880
Imports ssRI 1851 S'g9i5S97
Imports ISPSTi over exyo5is d777527 e72Jo76 5l5e2o
The foregoing statistics show that the foreign move
meut of values other than of securities on the Ous-
ness since January /. this year, leaves oaiahc'
against the port OF New-York OF $11S,333's23
h,lc far the same lime in 1879 the balance against
II was only sos, 412 292, and for the same time III
1878 there was a balance in its favOrof $44.93i,lS4
If the weekly statement of the associated DahkS
that was published yesterday possesses any Vaiue
IT consists ia its being garng example oil 'he ultei
worthlessuess of the present system OF reporting DS
oy.r,oes as = puryeyor of information. There is no
ouestion that the statement much nearer represents
the banks condition Friday, November 20, thah IL
does the condition of Friday, December D. Inc IT,
ceipts of funds from the Eastern cities, from Mon
treol and from Philadelphia, since Wednesday, un-
donbtedly exceed the shipments from TINS Guy 10
the West during the whole week. AVID OF
3614 OOD imported during the week. %l,S62,OOo
went into bank. The remainder. S1,7520O0, not yet
having been passed and paid for by the Assay
Office The statement, however, bad rs IL 49, sun
shows a reserve Of "a IL per cent. Therefore we 40
not appehcnd any very grave disaster TO the oanS'
particularly when remembering that IN times gone
by the banks safely lived for years with WHOLLY
legaltender reserve averaging not more than 10 10
20 Der ccut The specie then held 10y the banks,
oltbouoh if WIS counted TO make up the % per
cent required ny Law, was only merchandise ana
almost xrlusivey held special deposits, so that
for banking purposes 1t was no more service
able than 50 much grain or pork. Inc
total average reserves for the week-specle and
legal-tenders-aro reported at %665H 800. OF
80 $50 900 less than the amount held nj the same
date in 1879. and an increase of $32 100000 IN
loans raises the deposits that the 20 cent
rule requires a reserve Of $69.O33.17o against
E61, 757, 525, the sum required year ago. Inc
weeks movement results in a loss of S2.35 200 10
the surplus reserve, and leaves dencit OF
So. 461 S75 against a surplus of S7,6eG,61o at the
same date of 1879. The following are the compare
tive totals of the statements of November ~ ana
December