New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-01-04

In Ioncou British con,ols after being steady. de-
crcd 70 Os3,e for money aud b. 9s5js for account.
United States ., were steady ll2, ont the Is
end Is were Il lowcr at 1853 and 1853 respcc-
lively American railways opened abont
steady but later on receipt OF early
quotations from New-lo'k were higher. and
dispatch dated after business hours
quoted them all as buoyaut. Tomorrow they prob
ably will he lower on the later quota tons from the
home markets. The Bank of England gained
f67 900 bullion on balance. In Paris. French per
cents after n decline to sf.G5 recovered to $500
sight exchange on London rising to 2J30la fra mes
to the +.
The subscription books for the Northern Pacific
bonds were opened this morning aud the syndicate
reports 80 largeappications, both here and in Eu-
rope. that the alloimens after the closing of the
books Oh January will give to each subscribe err
only portion Of his bid.
The old and well-known firm of Leonard Howell
& Co has been reorganzed under the firm name Of
Decker Howell * Co., with William b. Leonard,
tho retiring member of the old drm. special part
ner. contributing the sum OF 800 to the capital
of the new firm.
lie wear 1880 will long be remembered as one
never before Darallced IN the general prosperity OF
this country. Abundant crops at home and "A large
foreign demand for tine hame were important factors
IN the highly satisfactory results ot the year. A
urge and extended immigration OF tillers OF the
soil, who did not arrive on our shores
Atlantic cities, but who have pushed into the great
yet unredecmed fields OF the West and Southwest,
has added material wealth to the country that
cannot be estimated Another important element
m the financial situation Of 1880 the large for
cign demand for all kinds of American securities.
Ills. however. may be only Temporarily favorable
fea iurc. The expectation of securities does not, Ike
the expectation of prain poduce0 or other products,
furnish permanent balance or trade. III rather
should be regarded as money that IS borrowed on
CALL that may be required 10 any time In fact the
old year did not end without reminder that the Sc
curties sent abroad come back again, either be-
cause of the higher home valuation or Tor any OF the
other reasons which evRyWh6re effect changes IN
the hnancia situations and cause the currents Of
money to ebb aud flow. The general balance
OF the the Whole Whole United III States, other
than OF securities. In 1873, was $}O1 66S, o69
in favor OF this country; ~ 1879 u was
but for 1880 it will hardly be S75 600 600. For the
eleven months ended November 80 the total ex
ports and imports compare for three years rs fol-
ExPoRS
nov &c. 5sIs no, s7o1 ls ssg s.s
SsSs sa s S5sSS ''ss5 sssss
Totals ....... s00OOiSS4O s7O7,065Y4lO sSOLsOSO95
and SGa s9
Totals .SlgzI40,iI9 s080l20s57 s7i6vii,S6i
h over impoii5 2e7SGAs3S lGsss5S7S s7sO53sA
The merchandise movement alone shows an in-
crease for 1880 over 1879 OF $1O0,455 542 in the
exports, ana OF bl0Ofl6,l IN the Imports COIn-
pared with 1875 The increase the imports of mer
chandise e1cesda the In the exports Of mer
ehandIse by the sum of 1908, 537.
Tie foreign commerce for the whole year of tho
port of estimating the exports OF the last
few days Of December 1880, compares with that Of
the preceding two years as follows:
RxPoRZs.
1878 1875 lBS0
Merchandise . a3Ag, GiOs73 eS5325aT3O SlO9l07 ss4
Specie and bui4n 1885, 267 I4,AbA3A3 8.at5.OoO
Totals. ss6a 30O,isO SsS7.7osO7s s6Is0S2Gs4
1874 1919 1870.
Merchandise S296 B8Oit4 s34S 8556S1 Gk7i053Oal
| Specie and bullion 19.13S,298 S4.16B764 7a,A5Hobl
T0tala-......- SSOs,OlaS7S stSAO2a.44S s61tsI29Os
ImportA In eIcees
OF eIp0rts. 46j3l4372 Sl26400 218
III ,J0rts IN ezcoss
Otnports-...,. &63.2sl,IeT
OF the specie aud bullion CB73 458, o51 received
| at New-York in 1850. S67,472,025 was received
after August l. In 1879 the imports Of specie prac