New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-11-20
THE MONEY MARKET.

SUNDAY. Nov. 19-PM.
Again the weeks foreign movement of merchan-
disesat NewYork results in an unIavorable compar-
ison with the same week of 1881 Last week the
value of the merchandise imported exceeded the
value of that exported So, 702, 019j for the same
week of 1881 the excess only 81, 84O,54O
making difference against the port of 81, O81 479
The value of the merchandise imported last
week is SO, 66Os42, or $1,015.OS3 moro than
for the week of 1881 tho value of the merchandise
exported is So 95s. 1928, or $4,000 less than for
the week of 1881. For the forty-sx weeks since
January l.. this year. the value of the merchandise
imported is $53 295 IO4 greater than for the corre-
spending time in 1881, while the value OF
the merchandise exported 1916, 1897 l34
less; difference against the port, S59,O92 23S.
For the fortv-six weeks Of last year the
imports exceeded the exports only $50 ,947; this
year the imports the exports $45 1873, 1855;
difference, before stated $S9,092 23S. To date
last year the imports of specie at this port
C$53 7G1 1917 exceeded the exports by the sum OF
| $42729.G2l to date this year the exports OF
specie CS43 961 ,979 exceed the imports by the sum
of S3S, 7l5 ,928-a change of $81 445,547 to the
credit of tho port. yet lacking $7.6i6691 of
equalling the increased debit in the merchandise
account.
The following shows the imports and exports.
other than of securities. at New since January
/, for 1881 and 1892:
IMPORTS
S7Sgss ssaS72 Bss 10
Total imports s4454 800 s4jO209I25 Inc s779 20
EXPORTS.
Merchandise. s3s49s7o2l sg9eIsss77 Dec $ss7S5lstt
specie lIO92"lt 4500l01s Inc. 8@Sz0oOo
Total exports s34GOIS337 sS4s l5lsOe Dec s2se747l
the port 1880. 9947O5Gs lO7lI725o Inc. 704s6ol
Chief Joseph Nimmo jr.'s report of tue exports of
breadstuffs for the month Of October makes a show
ing which is less favorable than was anticipated.
Compared with October, 1881, the movement of
wheat last month shows an increase Of 100000
bushels, or in value OF 81 500, 900; wheatfour an
increase of 27S,O00 barrels and in value OF
S1.32O,000; corn decrease of 100000 bushels
and in value of $2,S40OOO. The total value Of all
kinds of breadstuffs exported last month is
S15,2O5, 1Os. against Sl4,S399l4 in October,
1SS1-an increase of 1865, l9i. The insignit-
canoe of that increase made more
| apparent BY comparing the totals with those for
October, 1870 and $50. which were $33, 04S ,607
and $25711, 46S respectively. For the ten months
January l to October 81 of each of
the four years, the total exports of
breadstuffS have been. followsi 1879,
sos 5,34f; 1880. 1921 1888 O3O 1881, 1892
292, 552; 1892. $l49, 1871 $50. The Bureaus report
Tor the month of the exports of provisions, tai
low and dairy products makes a comparison with
the month of October, 1881. which is even more
unfavorable than is the showing for breadstuffs as
follows: October. 1881. value, IS, $40. 500 Octo-
Der 1882, value 81 6GO Oi2; decrease 81, $50 478.
For the ten months-January l to October 31-the
values were ISL IL 1923 81; 1892, SIS, O3GOl1.
The usual material with which TO analy re the
weekly bank statement Of averages Is not
at hand this week. The Sub Ireasurys state
mcnt for the week ended Friday night shows
gain of 81. 400 $50 com and $2l3.767 currency. AS
| the currency payments include $4,000 legal
tenders paid out for redemption of certificates of de-
posi its true gain in currency was 1888, 1877; yet
! Yesterdays bank statement shows increase of
1891 400 legal-tenders, and 1t is certain that the
| outward interior movement OF currency for the
week exceeds the inward movement of our banks.
| The Sub-Treayury reports $4779.O00 gold coin
| received in exchange for gold certificates for
the week but that sum includes the issues at all
points az well as here the figures useless for
calculation without knowledge of the sums which
were issued elsewhere and which are included in
the reported payments OF the SuO- Treasury at New
York. However, the redemption of bonds at this
Sub-Treasury for the week Including the
So. 293 400 redeemed Friday, November 10, and
which sum did not show in tho bank statement OF
November III, amounted 10 over -, 100000
probably the actual gam to the banks of coin from
the sub Treasury operations of the week was abont
o. 700 900 nearly the whole of which counted SIX
DAYS IN the bank arrearages. The deduction from
these surmIses is that yesterdays statement both
for legal and specie reports figures that are
greater than the actual holdings at the end of the
week By yesterdays statement the deficit of re-
serve from the rule of % per cent is reduced
So 146.275 and is left a SS7S, 675.
The following are the comparative totals of the
statements of November IL and November 10:
Nov. IL. Nov. IL Differences.
Loans 1900 $3l4O26501 Dec. $l42I700
specie - 4SS23.5OO 5O,pSj. 400 Ino. 2,l6l,9uD
LegaLteuders lS953 100 1925 800 Inc. 33l,4D0
nenosts - 2s3 .2O6 zoo 81, 59l,20O 1888,
Circulatlon.. -. 1865 200 lo,G65,7O0 Inc. $500
Iur following SHOWS the relation between the
total reserve and thu total deposit liabilities: