New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-21

* - SUNDAY, Feb. 20-P- n
xsthough the value lsS. 220, 900l Of merchandise
,orte into New York for the week ended yester-
Sav was 81 992 1877 greater than for the preceding
wesk it was 81 052 100 less than for the sane week
n 1880. The exports from the port for the week
ended Tuesday, February 10 valued at So S99' lO2'
we're Se0313O less than the values for the proceed
lna week but 1878 $50 more than for the same week
sf1aat wear. The total movement Of merchandise
e the port from January to the aa'eS
,smad. compared with tbe same time OF 1880, shows
snesaae Of So q 9243 IN the value Of The exports
IA Increase Of $14,34S.452 in the value OF the
smnort.. The imports OF specie last week amounted
u s327. 73O. making total of 50, 149,Ooo since
january /. against 81 293 70s to the same date III
1850. The exports of specie to date this year
amount 70 81. 726, $40, against $1.159,227 Tor the
same time last year. These changes show com
narrative difference of SIT .270,0SO In favor OF TINS
mort on the foreign movements other than OIL secu-
rites. since January l.
The weekly statement of the ASSOCIATED banks OF
the oity which was issued yesterday reflects con
tiuued absorption Of surplus funds VIII ch hereto
sra has baen the cause of such low rates for money
Afurfler exhaustion of So 665,20O In loans brings
that item up to $500, S07300, the largest figures
aver recorded except for the two weeks that ended
November and 10, 1880. The loss taverage) OF
spscb is reported at 81. 951 900 or 100000 more
than the actual gain made by the Sub.
Treasury, other than the $1,904,00O which it
received by transfers from out of town, and
tbe legal-teuder average is reduced $65S,000 des'
rite m actual loss by the Sub Treasury OF $193243
currency. The changes in loans and cash call for
Increase Of 81 900 in deposits. but instead of
increase the deposits are reduced 5000, POO ndi-
rating further absorption of about $1,300,0OO OF
funds In the shape of National bank notes. Since
The statement was made up at the eloee of business
Friday, the total cash reserves have been reduced
by deposits with the Sub Treasury of $2,5OOOOO
10 retire bank-uote circulation. AS this operation
does not affect the deposits 1t follows that assuming
+ Che average statements to approximate the actual
condition Friday night the surplus since has
been reduced to about 81 800 900, about 40 per
cent of the deposits The movements of the week are
In marked contrast with che movements of the same
week last year. when the loans total $29O,O9l 200
were reduced $354O00. specie increased Sc, 14O7OO
legatenders decreased 81 800 depost increased
R4472 300 and surpusr increased So S41. 975
The total average reserves for last weekpecie and
legal-tenders-are reported at $S0.736.SOO. or
30, 342 100 moro than the amount held at the same
date in 1880 !; but an increase of $30716,1OO 10
loans raises the deposits that the 20 per cent
rule requires reserve Of $76.929,525 against
B67 900. 250, the sum required a year ago. The
weeks movement results in loss of So. SOS $50 TO
the surplus reserve, and leaves it at So. S07.275
against 81, 492, 400 at the date of 1880 The.
following are the comparative totals of tho state
uents of February IL and February 10:
~ fzahf Eah