New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-05-30
THE MONEY MARKET.
srNpAY, May 29-P. ".

week ended Tuesday. May d. valued at S7O1'Slo'
or = .OG3.s12 more than for the preceding week
and ~ I'll, 713 less than for the Same time last
year. The movements of specie for the week were
insignificant in either direction. The total imports
Of specie since January l. this year, are S29323'22
against - 600 SCI for the same time last year and
the exports Of specie for the same time amount 10
: .G96.G against S3.709,1jl. The following
shows the imports and exports other than of secu-
rites, at Ncw-York since January l, for 1880 and
1851:
Merchandise s23lo,H22 $l5G,tt32l poe s,-5i i 5I
To;a Imports. 2i..7o-,77j 2oGIi7si5 Dec. ls,j9i53o
EXPORTS.
Merchandise sli7..,a .oe ijlGaGoG5 inc. S@al5G5
Total e,pors. isiiit5'j i5d5o$coa Inc. 4o'2aiG
The ycr tf- o7o572l7 4a7gaeu Dee I75i2575
Thus. while the morchnndsc account for this year
shows balance against this port OF only
~. Oa6.3jG aolnst 5G7.375,52O balance on III"
same side f1r last year. including the specie move
mcuts the balance against the port on the business
since Jannary !. ISL is still Sl9,7236ll against
$G7. 2G7 2l7 Ia the same date last year
The principal and interesting feature Of the
weekly statement Of the associated banks issued
yesterday is the further expansion Of S7.s2 900 in
the loans at time when the banks were actually
losing cash from their vaults The loans now reach
the unprecedented figures Of S:i:I2 O2J,7OO and
although they still are Sl57, 100 below the amount
Of the nominal deposits, they are nearly four times
tn amount Of the banks capitals and SURPRISES or
undivided profits. That is, the banks capitals al
though held entirely in cash. are guaranteeing
transactions 10 nearly four times thcirown amount.
This fact having already attracted the attention OF
some conservative folk is likely to bc the subject
Of official discussion in some bank parlorS at the
next regular meetings Of directors. There Is IN I'M
usual consistency between the averages of the bank
statement aud the moycm 'nts N the Snb-IrraSury
for tn" week ended Friday night. Outside Of re-
c,ipt~ from out Of town. the Sub-Trra-ury gained
- ,:y7 100 coin; the bank, average loss Of specie
is $l.3>j.7 100; the Sub-rrasnry lost T772.399
currency; the banks gained S76o.N0o lesa-t"n-
dcrs The amount Of Increase reported for deposits
,S5.77I 100 however is II l73OO0 smaller increase
than the other changes call for which Indicates an
onigo of about : / 800 600 in National bank notes
Although the amount Of Gosh gold and lrgii-
tenders held by the banks now is Sl5,9i9.50O
greater than it WAS At this dale last year. tn" pro-
portion of total reserve Ia deposits now II lOl per
cent lr-- han il was year ago.
The total average reserves for last week specie
AMI lrrll-fcu.lrrs reported at T977G>.GoO. or
SIJ.9i9.5OO more tlan the amount h'hl az the
Same dat, in l~-O; bat an iucrr1-" Of - NV'3oo
i'm loan. 80 r,i.s th dcpo-ii, tat the r~'r'" re-
quilcl now J., $~}.olj7O AGAINST So -. 40. th"
~uu cluir',I q ycar aga. The ~rrk- movement re-
suits 10 loss of - 80 to IA" surplus reserve.
AND l.i,c- % ~ -, 400 AGAINST rld.l@~. 30 at
the sam. daft. of l-~o. fhr following are thr CON-
,,.
"'' NAVEL waves pT-,nr,s.
looms -.... -, '-''' ,, @3 b. n,t -,t
l..-.tai,r' .- ".2 ..o a3 H.. g, , 90,
t-,a.t..n lY..s5.t1 10. ol.-Oo i.,. l.i.. o
Tn. CtloNir, shows the relation between the
total r.>..r,, ami ia. total deposit liabilities:
Wgf ei. Na.2*, .th19G.s;
,...i.r.. 'l.,: ,.'1 i-.,..,,'o inr. .'.' 90
l,..r,-.t.. '-.'...'' '..'''''" p"' '--''''
.e.ia,. a,p.,i.s .le't'25 etoih-h1 ne
"i'i' i'-'''' '''' '.'' ''''--'.
Compared with that 'i th' Corresponding "''' ~
l~~o ia" present statement shows; loan ''."'"'
80. Nu2ioo: -p"i" iu'rra~'d FL N'''I""; l.t'l-
tndrr~ decreased. H''l'bpp; "rp"'i' lh h''N''
o1.i-o-n'; cH'rI'i"n '''r.'N'd' H'''.'"''
lh" total t.~.Nr 9'"'"N''"". "'N i -" w.
"n' 'i ih' I''ii u .''''' '-''.' ''''- ID"
ld bl.lj i"r My ~ lNN"
11. ln,uI money market vas ,lsy MI the week
ftrou.,ii "a. extreme hlrh..t rate wl,f PERCENT
and tir greatest ca-. p.ry4ii,i % the CLOSE whom
th. ~Ip.rlluudau'c of loauhl. fund. vas 40 sr' %
thittrr. W'r' "a" takers IF 'rr' sums "i "'f" "i-
r.l ~ 2l per ,'rt. In tl' i"r is1 tn-', S'.'
i.ru.,-~ 10 rate, So - r,:Ah. -l'i 'tt n th ~'"N
AMI rates were al 'an,'" 'h"Ii D. Mt "f = DIX
Later they I-iin weakened amt ii:1iiF c."-'.' ''"'
is they aid d wrch ago. The d""r-il' 'Nrhh"-.' are
working loss (as"a't f'r v" YORK. NJ the >'''l'
Orleans - NrI". "iih '"minrf'i'l h', "'''l"s
q. no At.-f O. q 1,
c-nt. in .rount. 4 ir that J.. clos" To Tie
,u. tlltwiI draw funi, from Nrw- lorn, AMI ~
r.. t,utl.rlt. - c.u;s discount show, q large
o., -t,...,.,.t- La,,.. nr funds The rN-