New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-01-30
MONTY IND RENLNESS.


Last week passed without exports of gold,
although the posted rate of exchange was such
as to render shipments not altogether improb-
able. and there were suspicious efforts by brok
crs to make the demand appear greater than it
really was. The money market continued
comparatively easy, though domestic exchanges
were less favorable to New-York, and the
banks report a loss of specie. The develop
ment of "corner" in wheat at Milwaukee,
and a renewed attempt to advance the wheat
market at Chicago, are the unfavorable fea-
lures of the situation here. The difficulties in
France are believed to have been successfully
brid.ed over, though the settlement at Paris
on the 1st is awaited with some anxiety.
Evidently the banks paid gold into the
Treasury last week, and received from outside
a much larger amount in legal tenders and i'll
bank Eotes or silver certificates The latter
it is said, have been received in considerable
amount The receipts of the Treasury, from
Wednesday the 18th to Wednesday the 25th,
exceeded the disbursements by $l,O5S,S22
and of this loss to the banks only 100000
was in currency. The bank averages showed
a decrease of $40S, 500 in specie, indicating
receipts of about 100000 from the interior,
and gain of 1864, 800 in legal tenders, which,
with the payments to the Treasury, indicates
receipt of nearly $1,000,000 from the interior.
But the deposits increased $4,113,3O0,
while the loans increased only $780, 700,
so that if the report of averages
could be relied upon as showing the
change in actual condition, the banks
must have received about $1,000 900 in some
form not counted either as specie or legal
tenders. The Treasury received during the
last three days 100000 more than it paid
out, so that the condition of the banks at the
close of the week was not better, on account
of its operations, than the statement of aver
ages indicated Grain speculation has moved
domestic exchange at Chicago and st. Louis
to point which prevents shipments to this
city, but the receipts of cotton from the plan
tatOns have greatly declined, having been
only 7S,24S bales last week, so that demands
for money on that account have diminished.
Exports do not improve very much. The
movement Of cotton from all the ports was
only 1886 bales last week, against l1O,lO7
for the corresponding week last year; the
latest report as to wheat il the lowest yet this
year, and, though there is a slight improve
ment in shipments of corn, the exports of no
important article Of breadstufls OF provisions
are equal to those of the corresponding week
last year. Yet prices of cotton are firmly held
nearly per cent above those Of Liverpool,
and the moderate decline III wheat, corn and
oats on Saturday did not bring prices back
nearly to the point at which, some time ago,
the tendency To increase OF exports was checked.
Imports at Ncw-York continue TO exceed
those of last year, and for four weeks of Jan
nary have been $37, 1876, 1871, against $780,
9o4,j72 in 1881, an increase OF nearly 20 per
cent. The state of foreign trade thus far does
not promise well for the rest Of the fiscal year,
though abandonment of the field by spccula-
tive cliqGes might still bring marked improve
ment.
Gold has been going from London TO Paris
in large amount The Bank of England Oh
Thursday reported loss of only G149,OOO