New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-02-06
THE MONEY MARKET.
SuNDAy. Feb. b-P, NJ.

SUNDAY, Feb 6-P. N.
The balance on the foreign movements of NOR
chandise at New-York last week. compared with the
corresponding week of 1881, Is an increase OF
81 1872, III against the port thus, the value of tho
imports S43 3G2 is an increase of $50, 5S4 1874 on
the week Of 1881, and the value of the exports
(S6517, 1901 is a decrease of 1904 OO7 from the
week of 1881. The balance against the port on the
merchandise movement since January this year is
$1s 1913 121 against ST. 35S 672 to the same date Vt
1881, an increase of $13, 764, 449. But this in
crease ia partly offset by the reversed movement Of
the precious metals; the imports of specie and
bullion to date this year are "a ,4O9522 less than
at the same date of 1881, and the exports
Of specie and bullion to date are
SO CAS-, 742 greater than they were to the same
date of last year. Hence the net increase In the
balance against the port on the merchandise and
specie movement is OILY So, 70G1S5. To what sum
this increased balance would be made up by includ-
ing that unknown quantity, imported securities,
must be left to conjecture. But tie known facts
of sufficient importance TO command greater general
attention than yet has been given them.
The following shows the imports and
exports other than of securities, at NewYork
since January l, for 1881 and 1882:
IMPORTS.
saG$427So s4e993a az Inc. 75
specie i,1l4'oof f'f''o- PoN' f'i''''%@
Total Imports $ilO58lOi sl8.4l4,36l In. $536e257
EXPORTS
Ss Pee $ss
Total exports s33, O55 1913 s327O5895 Dec sSl9,92s
the port ssa' ssoO22sl sl87O8i66 Inc s57O6ls5
The weekly statement Of the associated banks Of
New-York that was published yesterday, is the
most important stat mcnt issued in several weeks.
III. 10
amounted to SO 300, OOO and all of it. except per-
haps $l5O,OOO figured in the statement. But if
the full amount were withdrawn from bank before
Saturday it would average in the statement as a
specie loss of only $1,15O.O00. The Sub-TreaSury
gained from the banks only 1878. 743 coin" which
may have been all in silver certificates, but suppos-
ing it to have been gold it would figure in the bank
average as a loss of about 100000 specie Hence
there further loss of specie by the banks that
is represented by the average figures of S2S5,9OO.
That together with loss of legal tenders that is
represented by an average of $3.50 200, indicates o
drain to the interior that not suspected
The interior drain is further indicated by the fact
that tho increase in deposits is reported as only
$4,000. while an increase of S5.SS5j 800 IN loans
less the decrease of $2665,900 in cash. and an in
crease of 4S 400 in circU alton calls for an increase
of $3,1712OO in depoats-a discrepancy Of
$2,954,700 The discrepancy may partly DO &C
counted for by the fact that by the preceding state
lnent the deposits were increased $1,S00000 more
than the amount of increase called for by
the other changes After making that al
lowance it seems far to assume that the
remainder of the dscrepancy-$1 100, 000-repre-
sents an uncertain sum of shipments Of National
bank notes to the interior. The cash-specie and
legal tenders-held at the close of business Friday.
evidently at least 81 0O0,00 less than the sum
reported III the statement the average for the
week. AS reported, the surplus reserves were
reduced So, 72O,O25. being now $6,3S1. S2J.
The following the comparative totals of the
statements of January % and February :