New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-12-19
THE MONEY MARKET.
SUNDAY, Dec. 1s-r. NJ.


,-,,.,., If tbe Custom House authorities to
raa1v at the usual time the weekly report Oh
Eo imnorations of general merchandise at the rorV
~ Nevr-York. renders it impossible to present our
s,ol tobulated comparison of the foreign Dusnl7sS
I'm mort The dry goods imports for the week
S,oro 1aluod at 81 6s3, $40, or $151045 more thah
co. the same week of 1850. The exports OF NOR
cbandise for week ended last Tuesday reported oy
Yesterday were unusually small, amounting " I"
Valuation of only $4911 ,008, or $2,loooOZ icSS
than for the preceding week, and Z,34o'oo i''s
IN an for the same week last year. The imports Vi
specie for the week amounted to S1.l2I3o' against
S5.O53 O42 for same week in 1880 making d 'o'"i
since January /, 1881, OF $56,3o3'oo3' as'inS'
$4,000. 574 for the same period IN 4eoV' Inc "a
morris Of pece from this port thus far this year nave
amountod TO S1069l 10 against F''o'o'A-o "
The same date in 1880.
7 The weekly bank statement published Saturday
shows an addition of $3633 to the specie reserves
and loss of 81 900 to the legal tender reseryes-a
net gain of 1861 400 This result was almost en-
iirely due to the rising averages upon winch ule
statement of the preceding week was mace up
The actual gains for the whole week ended fTlaay
night from the transactions of the Sub-lreasuTy,
which amounted to 81 ,53S 59j, was so distributed
that it averages loss to the banks
of S125GOO. Some allowance must be mace
for an average loss by shipments 10 the
interior. which are estimated for the entire
week as exceeding the receipts from the interior
about 100000. Therefore il Is reasonable to sup
nose that the amount Of cash actually held by the
banks at the close of business Friday night was
more than 81 100000 greater than the average
shown by the statement. To what extent this
affects the true percentage of reserves to liabilities
depends upon how far from the actual deposits Is
the reported sum for the average of the week.
There is little question, however that the banks
reserves instead of being fraction below the -
per cent rule a fraction above It, And TINS posi-
zion was further strengthened yesterday by gam
from the Sub-Treasury of S747, 106 The result, as
shown by the statement, is a decrease OF $G9O||o
in the deficit leaving it S27l 200.
The following are the comparative totals OF the
statements of December 10 and December IT,
P2G ss Is ss2 Bss rs Dec P%5sR2ss
ffesSie ~ i57i630o i57559g Dec 1890
3 rfe9iti SS256i05 25I2780o Dec 10000
The following shows the relation between the
tOtalreser and the total deposit liabilities;
s,. Rss . 2ss nc sssS
Legal.tcnders.... l574O4OO l5,7SS5Oo Dec 1900
Toairs.crvo... s7O,599,3O0 @7O96o7oo Dec s56l,4oO
N ssans, Sits 7l5o975 12sooo Dec s22s75
pencit.......... s9Gl975 S27l2OO Dec st90'' 10
The banks now hold in casll-Specie and legal ten
ders-$1 1854, 500 more than the sum held year ago
The loans now are $l9, sos, 500 greater than then
and the deposits are $l72977O0 greater, so that
the reserve required by the - per cent rule now Is
R4324425 more than it was year ago. Hence the
deficit now is $27l,20 against a surplus OF
R2OSs 725 them and the proportion of total reserve
now is 90 AGAINST 25 rs per cent atthe same date
of 1850.
The following are the totals Of the statements at
4 date for n