New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-12-18
THE MONEY MARKET.


THE MONEY MARKET
SUNDAY, Dec. Up. N.
The iur,rt. of merchandise at this port continue
"a ne nnpcecedentedly large for the season OF the
year. and although the exports for last week eN-
.asaea the usual average little. The imports were
"a 214 4e9 in excess Of the exports, against an ex-
cess Of SO 267. sos for the week OF 1881, only
s142 637 for the week of $780, and Sl,13l.oSs TOT
the week of 1870, while for the week OF 1879 the
exports exceeded the IMPORTS by the sum oi
81 93s. 49s The value of the merchandise imported
last week is Sll.s25.539. OF S3.6i6,o3o greater
than for the week of 1881 the value OF the mercan
disc exeorted 81 GIL 04O or So 699044 more thah
Co. the ueek of 1881. For the fifty weeks since
Jannary I. this year. the value OF the merchanu'se
Unmarried 10 SIS 443 greater than for che c"rre
,,onairg time in 1881 while the value of the mer-
cba,dise exported is S32, so 401 less; difference
.ga;nst the port, SOL. 1884 For the htty
weeks of last year the imports exceeded 'he eA-
norris ONLY SOL 329 1913 this wear the imports OK
ceeded the exports $152.473.037; difference as
before stated SOL l43 s44. To date last year the
inorts Of specie ~ this port S93,2s6l exceed
al the exporls by the sum of $4s,oS6 lag; 10 ds'e
This year the exports of specie (S44 ooS' 'o9l OK
reed the imports Ivy the sum OF $3Z' ~"
rhance of Ss1. 81 .o24 10 the credit OF the port
vet lacking $9.272,820 OF equal ing the ihcieA''U
debit in the merchandise account
The following shows the imports anu tAP'i'9
.tber than of securities at NewYork since January
l. for 1851 and 1882:
Gao, .sss zoo s.sb ISL Iae SIS
s SsTssanss s. sSsasS ss07iSS Dec 4s9ael4o
ro,., mpOr.. 1876 s487 osiloO Inc s9S2o29'
EXPORTS.
1881 cool 81 zei OLE Dec ss9Ssi 4nl
MERCHANDISE sa i7 ssSsss 1sSs7s Inc
.,Dor,. ss72 o5s.ass sS72si2774 Inc s25s'475
Balance AGAINST 1o5 4ss5se lI477l41e Inc 9272s2O
The movement of the Sub-1reasury last week
anded on Friday night-resulted in loss OF
~ 41e.5ls in coin and OF S21o.457 IN currency
which were gains to the banks Accepting the ouo
Treasury movement as the measure OF specie move
,nent at the hanks, Yesterdays weekly statement OF
hank averages should have shown an increase
of abont SO, 500 10 specie; but from that sum Is
To be deducted the average of the shipments 10 Tue
interior, which must have been much larger 'nSn
--as sunnosed because the statement shows an in
cre,se of only 81 $50 300 or about $1,000 ooO sss
than the average of gains from movements that are
tpovn. 8ut unouestlonaby the banks at the close
nf husluess on Friday night held something Ike
70 600 600 specie more than the amount reported
In the statement. The gain OF S9l 300 IN lega
tenders. being $500 900 greater than the gain from
the Treasury and the supposed surplusage over 'he
nreceding week, indicate On influx OF currencF
while gold certificates were being sent away. Inc
increase So. sSs, 800 in deposits Is only abon'
5000 600 greater than the increase which the othe
changes call for. The surplus l$6079.92ol now re-
ported al ibough probably some S2,OOO0OO less
than statement of the ae-u al condition on last n
day night would show. Is grea'er than the sur
Mus has been at this Of the year since 1873
oTl,.. rafYV
statements of December and December 10:
,o,,. ss4 n go 400 ss67Iissoo Inc. $3.50 zoo
tps1is 66Si160O 57s5e.5oo Inc. l53G'S9oooo
i.saienders la4l4ee9 zes3s 900 900 Inc. s zoo 9o
tf1prc1lntion 10 ss5lOJ 1909 loo Dec. $4,000
The following SHOWS the relation between the
total reserye and the total deposit liabilities:
,n.,. sss PEE 7 Pc Sc Inc sfS2ssSSoo
Iegai.tenders :. l9.4l46oo 2O3-o,5oO Inc. o'I'
Total reserve. s757Sl9OO s78,lss.Ooo Inc. s244sSCO
7osSO95O 72lOao75 Inc L47Al25
snrnlu. ss1OS25O soo7es25 Inc. s97e676
The banks now hOld IN cash-SDecle ana Iegal-teh-
ders-S7. 222 500 more than the sum held year ago
The loans now are So, S34 600 less than then
and the deposits are S3, 4s4 700 more; so thai
the reserve required by the 25 per cent rule now IS
1871 I75 more than 1t was a year ago. And the
reserve now saows a surplus OF $G'O19.92o' against
. deficit of $271. 200 then and the proportion Of
total reserve now is 27.11, against 2499 per cent
If the same date OF 1881.
The following are the totals of the statements at
90 do - for 4 ne nrpcsdrnp years.