New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-24
THE MONEY MARKET.
srSnAY. Oct. 23-P. ".

SuSpAY Oct. 23-P. VI.
The value of the imports of merchandise at the
- ~ Nov-York for the week ended yes
.ordov was No to SlO21455 beng
81 800. s77 greater than the value OF 'no
preceding week, and $s74,S77 greater 'han s %
the same week of 1880. The exports rom si0 & 90
the week ended last Tuesday also were @i' o. ~
greater than for the preceding wen 90 ct5
valued at 81, Oh l62, but the ainouh' i la
wear From January to date the decrease III 'no
so1no of mnorts of merchandise from the Value ioI
a.. 80 nsriod in 1880 is S4,5|9lZo
-. q decrease in the value OF merch''h-
a. exported of S23.S12,342. On juno l.
toxever the differences from January were do
soI1o,vs. acknowledgements, 81, l67,312; exports
inoreoso So 7392s1 So that since June the
;mnorts have been only 3411 753 less than Tor the
same time in $780, while the exports nave ianeh On
S27551, 623. The imports of specie Tor the week
amounted to $1,620,93S, not including ABOUT
81 900 arrived yesterday, against S6'23o'foo
for the same week of 1880 The total imports OF
specie and bullion since January l, tins year. nave
been S446O.237 greater than for same time
last year. and the export of specie and bullion nave
been 81 1858 greater than last year The ioI-
lowing shows the imports and exports, other
Co. % socurites Mt New York since January l, for
1880 and 1881: u.
,,,,.o SOL $500 $40 1857 i24 Dec si579iS5
Specie ............ 46,3O94n b@76'6i7 Inc 44oo,oI
Total imports slls l299GO s4OsO O72 Dec slOllSSSS
EXPORTS
Merchandise. sss3ss$lo2 Dec s23ss2ss,$$
specie... 7,7sG43s 9,l629l6 Inc L91ooIo
Total oxpor,s88lO l49685 ssl8Ols7od Dec s224S5s2s
Ba as against lO7 esO425 s9997S66 Dec 1768So59
Tins. while on the merchandise account the bal
ence against this port the business since January
I is only SiS,390.664 against balance oi
500. 157 Az at same date In 1880 decrease VI
S2O.7667 1888, including the specie movement 'ne
debt balance now is $o9,99H3OO against
S1O7 ESQ 425. a decrease of only $17, 6S3,O59.
The changes that are shown by the weekly bank
statement that was published yesterday are so
nearly in accord with what they generally were
expected TO be that little is required in the way OF
explanatory remarks. The results of the weeks
Treasury operations were gain to the banks OF
S4.5S7, 6S1 specie, which, with the S5OO,OOO estl-
mated as being about the amount OF specie held
week ago in excess of the statement amount OF that
date would average a gain of 80, 1GO,||o Inc
reported gam is $3,552,200, making the amount OF
specie average for the week S5S,359, 400. proper
allowance for shipments during the week, to the
interior makes it probable that the stated amount
of specle approxmates unusually near to
of the week. A further contraction
of 81 400 in loans served reduce the deposits
DESPITE the increase in amounts of cash-by the
sum of So 37j 900 so that the required amount OF
reserve is IS 70, $50 less than IT was week ago
Hence with gain of only 1886 400 III cash. the
surplus reserve is increased 81 430 $50 that is the
surplus now is $l,9O7,275 against deficit OF
s., 500, $50 a week ago.
The following are the comparative totals of the
statements ri October Is and October %:
81 92 sl IS sai e.! Dec
sP Specie ' 1900 fG$ $6S zoo inc
sssnaS gSS5S fSs '' 5sSSS
The following shows the relation between the
total reserve and the total deposit liabilities:
si5;$S ' f;s5958 Inc Inc 5SS
Total reserve. s6o,98i7OO $7856sioo Inc sa58CaOO
against 72oA576 G6os2a Dec $3.50
surp's reserve .s2,522875 sl,so7275 Dee si.4Sol5o
.Dofcit.
The banks total reserves-specie and legal ten
ders-are now $5,203 100 less than at this date last
year. For the first time this year the statement re-
Iorts loans smaller than at tn same date last year
they being now $6732, 800 less than at the same
date in 1880 But after this date last year the
banks found it necessary to reduce their loans
$4,000 900. The depostsnow are $l4,1s77OO less
than they were year ago, and the reserve required
bv the % per cent rule is So 5fG go less, but the
smaller amount of cash held now than then makes
the present surplus only $l,9O7,275 against
So 565, $50 then, and the proportion of total re-
serve to the deposits is 25.GG per cent against
26.18 at the same date in 1850.
The following are the totals of tho statements at
the corresponding date for preceding years
Loans ........ s245ios 100 s2654a$.sOo sM7,OiS8rO