The daily gazette., 1880-02-26

The s.a .,a.smsa' nyns IN IN. "D.l,,s,
'nst the balance Of lr,a" Vl y walt,,
,ho I"onsns wnaa Of 1850 will show ~ ., 's S,i taA
'ns inc T'Ons mo,a side slde'' that We aav, I,. ~.
hs~a result Of OF. speculation, BY WHINE !, ny
nave been run up to n,,'., ",'l'S NJ
mado goods in kind ru'na'e hs
os,. OF the articles of wheat and nd o,a.. 1a,'a
cotton, coiiee,sugar lard a., 'l ss
Ing productions there :. 4u pGE-
almost twice as large =. Mla
year ago due,in part to la,aa. a. =, The us
TO higherprlces. For in.'asef ,asef sloca N
bushels of wheat in 1ss0 anCe' SlONn
ooo,oOo, against 2o,Ooo are are ToHlE|
ye ye " "a ago worth So, ,O0O0'0VO 1O'ba
lo,COO,0O0 bush,l, nl Y,TN' n,' Ay9
valued "a az ., ss,2oO,OOO, and "el al SII,aIn's
tune, u 100000 bn,I"I, '' IOer@
slv,9oo, = 90: "a a ye, ago b,s All %1a q
was worth S3s; to-day i Wo"IS Sas ,S q S
o., o. IN other words, l3j0Goo p,u J. y iSfi4k
l,SS iSSo are worth s7l,55O,O,O.,S,.%InI',' S %II,st
900 bales, a year ago. CoiiaS C'fIans lla
oa! higher than ii was A e ys, Mf
year ago. Lard is quoted al I sS va
against sl9,and pork sll ppr ',s 1,,.ll alss
se,oo. The stocks ofallt b, he's" v'''!'a '.'s
100 ar are larger llan they v,n. sa
ago Other comparisons viii sb bSs,l
A MARKET CHANGE
N our trade returns, snowiD, fl.
~ !. J., our aro imports. they have rrovas rc',
$4,000 900 to $50, 900. 900 Oer s,oaai' ,"o'i,
! 4 the past thirteen montt. v'a vIolaa
llree months the average ba, bs.s y, ~ !.
600, 900, against S2S,OOO,O0O n, U''a ~
three months. These figures ds,.ls. ~
unfasorsble f. a,ure III The e,Dor ,.s
and an important factor in M, ~, ,.,,.. y
movement is The falling of in %,'ss
tured goods, on account ofibs l4
values ruling in that dep,rn..! N, y
rade, notably in metals. A, ys~v
receives almost two-ihirds n 4 n
country, and about one-halr lbs ~
10 ioreign ports, the driN di1E
plainly evidenced by the conns |,
movements at that port.
A MONEY STRINGENT
is threatened. according to ,om. j
make the subject a study. in cas N
speculative spirit which has mqnS1
Tor a year pas. continues tbTousk,
the year. No doubt, too. the inrs.'
will induce a marked drain Of ~
from the country a few months bsu'
yet there are others who contend NJ
the excess of exports of last vu
so large that the imports might I'd
Time for years without turning n
scale against the country. Its hl
ly possible, thinks another autbotr
that, in view of the heavy inss|
during the first part Of the yeaE n
last part of the year will 1itneH n
such inflow of foreign goods. lh, n
tire volume not exceeding tE
1879. 1t would be illogical for goaa
go abroad as long as the merclabE,
balance remains in our favor, and d
pecially since foreign gold can Ant
least 2 per cent more in this cOuT
than II possibly can at home. In VA
of the new era of prosperity, We lhi
consideration Of some Of the phlsa
indebtness will b. read with iHga
From various sources we ga''ef thfh
to al Imports into the Untei SlTaA
seventeen years past-leG3-lSls-l
gregale the enormous sum u SM
200 443 ; imports o. specie and buAa
S33S, ,376, ,4Gl; tolhl imports, S&ilA
g04. 4 he value o! the expoHs iG Z
same period wa: or merchandise 4
lSS.2O3,374 ; specie and bullion Slls
2S3, ,720 total exports, Ss,Sl4i4ls
excess Of imports or an adverse bllil'
| $339, ,002, ,069, or an annual aVent
| SIS, 1913, 44S, which exhibit, hoEt'ti-
radically reversed by the export y
lie and bullion making favOrlH 7
ance Of sos, ,905, 100, or an annual AZ
age Of s,272,5lO.
In January the imports were w
929 against 25,6j7,jGG for The "a "a
month in 1879. The imports AN
York last monlhW ere larg gr than 10
corresponding month slnce 10y
only instance approaching lle gs
being in the initiation year Of lslhn
they were $50, SOB, ,G9l. At B.SoHI
value of the imports since jan
| 81, 100, 900, against S2,94l, 0'3 mI ~,
same time in 1879. The eSpoTl naFl
c eased during the some tine on y y
here near the same ratio as 'he inP.
notwithstanding the comraraO! J!
grain moyeme 1t here. In colre' s
with the change in the "b'lance ,, oI. !,
=" considerable attention II nov I"
paId to the relations OF the money Ial u
ct to foreign trade The frleDd, :, " N \
complain that, while the pie "% vi,
in the treasury vaults is consl,n1l ,1,li.i,
creasing, the gold reserve Is dlllil,'Sd ool M
L a Ii. llLlNtLuN