New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-08-28
THE MONEY MARKET.
SUNDAY, Aug. 27-P. NJ.


Tho re-nlt of last weeks foreign movement Va
..orobandise at New-York is the aoui'lo" "
9, o9o GOT TO the previous balance aHai"'' ~
wort The movement also makes an UNI" -,
1orparison with the movement OF the Shiue ",1N
fs, H. o~ooss of in,norts over exports for the
- tlis wear is S4O32. COZ against an excess ..
o-.s o1yer imports for the week OF last year vi
s-ot 5ez q difference of S4,s27,174 against 'he
-. The value of the merchandise imported ias'
'ree SO 964 2s3 or s., 800 756 greater nan ioi
.ha week of 1851; the value of the merchah"ISo
evnortd IS So go 676, OF S2,300 AIS less tan lol
,ba week of 1851. For the thirty-four "eeA'
since January l. this year. the value OF meTchaho'o
imported is S47.35S 27S greater than io' the coi1
snonoing time in 1881. while the NaIue y,
the merchandise exported is S9o'ool,o-i
less: difference against the port @o4''i''
For the thirty-four weeks OF lasI yeu 'u 10
,mnor+ xceeded the exports only T34''o''-- .'''
- tho ,,,norts ceeded the exports 81 lS'1'o'V'I
s,sa-,oe a. before stated Ss4.Ol9.799. To date
1as+ voar the Imports of specie at THIS poru
rSq1 100 tOsl exceeded the exports by the sam OF
So4 Ges al. TO date this year the exports OF
Too,o 50 DIS sos exceed the imports nv the sum
NJ $40 SO 1I2-a change OF SO4.oO3O9S 10 inc
credit of the port, yet lacking Sl9olo'Ioo ol
eouaring the increased debit in the merchandise
account.
The following shows the imports and exports
other than OF securities, at New-YorA since January
/. for ISL and 1882:
IMPORTS
Merchandise. .s 'l s7 Inc R53Es92;'
spece S3i904o2 2Ss3as6 Dec Z9zS6,glo
Totaiunorts s3l6764639 s34.5o6,OOl Inc sl75@l'S0@
EXPORTS
.,cn.na.e s2IS5ss es5 s2lso274s4 Dec s55eS532!
Total exports. s257I4Oso6 s255.240o62 Dec sLsS47H
Sh 5s SSrt asAns' 5se2ss33 7oIsa9S9 Inc 5l6oe
Yesterdays weekly bank statement of averages
reflects only partially the loss of money for the
week. The net operations of the Sub-Treasury for
the week ended Friday night including receipts of
$4,000 for Treasury credits at st. LOuls, Cncln-
natl and other points, a gain from the banks OF
S37ISI4S coin-i C., loss TO the banks OF that
amount of specie. The loss however, was so DIS
tributed that in the published averages 1t would
count only 81 .936, 300 The difference S2O0,6OOl
between that sum and the 81 l42 900 reported loss
in the ST atement may be set down the amount OF
shortage in specie week ago from the amount
then published the average for that week Hence
euppO,ing that there were no unknown or hipor-
liant movements of specie to the interior,
except that through the Treasury, the banks
last Friday night held in specie only
s554l3. 900, instead of $57195,4OO as re
ported by the statement. That amount was
further reduced yesterday BY Sub-IreasuTy gain
of S64J,3lO Of which sum S2JOOOO was II pay
ment for gold bars exported and 1000 com ex-
ported. The net result OF the currency operations
Of the sub Treasury for the week was gain to the
banks OF SO 754, a sum small that 1t would not
affect the banks averages. Hence 1t seems that
from among the considerable receipts Of currency
from nearby points the banks were able 10 cal
a sufficient amount Of legal tenders to partly over
come the shortage IN legal tenders which there was
from the statement of August 10, and to now re-
port a decrease of only $4,000. NotwiihstaDd-
ing that the total loss to the cash reserves 10y the
Statement Is So 57 800 or Si90,67JmOre than the
surplus showIsby the statement week ago, the
surplus reserve is still reported as Sl,l31,G25-a
decrease OF only $7j6lOO. This saving was
wrought by decline of 81, 400 500 IN the deposits;
toward that result the loss in cash, the contrac-
ton 81 Cos 500 in loans AID an increase lS72,l0O
IN circulation contributed only S5.O9S.7OO. Tie
difference. 81 3Os 100 probably reflects the ap-
proximate movement 10 the interior OF currency III
the shape of country bank notes.
The following are the comparative totals OF the
statements of August 10 and August 20:
Ioars ... $685. il5 200 s35 10000 Dec. - Joo -
i