New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-05-28

The following shows the comparative movements
for the ten months ended on April 30, OF three
years
MERCHANDISE.
Ju'vl toAsrl l.sosl isis Is 5:, 50 ;3o
E5sS5I s-ssi5oo7 7s'S5s555s55 555i5i55S
lha.i chle.,o s5ae85427 slO924Os67
SPECIE.
Imports f 545S ' s5 Is ' 935t:
excess Of se2.7os.alo sl3l2o2e3 sGel9
MERCHANDISE AND SPECIE
ports ovcrimpors 3sisl s43.5j9lG4 slO924OO4s
Bearing in mind the results of the business of the
two periods of ten months ended on April 30, loSl
| and lsS2, a. shown above the specie movements OF
the five months succeeding each of these periods are
! interesting, and should be instructive in estimating
! the immediate course Of tho foreign eX-
changes. With credit balance Of 1888, S3s, 4sl
on the business of tho ten months
ended on April 80, 1881. the country during the
next five months imported only $l3 27S,7 1872 more
specie than il exported With n credit balance Of
| Si35591Gi on the business Of the ten months
ended on April 80 1850, the country exported dur
| ing the next five months S2I755,359 more specie
than it imported. The comparison is as follows:
SPECIE MOVEMENT
a:g Sept 80 h:'! Rg5S
T6rts. .sl327s7o2 ............
1grt, ...... s27775s5o Dn.st,O54,151
The Custom House returns of The forei N move
mcnt Of merchandise at this city for last week
make q remarkable comparison with tho weeks of
the preceding two years. 1t seldom happens that
the imports at New-York are smaller than the ex-
ports but last week they were $il7,157 less than
the exports $50, OO7 less than the imports of the
| week of 1882 and 81, 6i3 $50 less than for the
| week of 1881 The exports for the week were
II 431 1873 greater than the unusually small amount
| reported for tho week of 1852, and $703,9jG
less than for the week of 1881. For the
tweny-ono weeks Of each of three years the imports
| Of merchandise have exceeded the exports as fol-
lows: 1883 $40 pos. OPS; 1882, Ss4, 1872 379 1881,
S2747O,222. Including the specie movements the
balance against the port for the wentyone weeks of
this year $40 7O5 O23) is Sl2,25927O less than in
1850. and is $G317, 200 less than in 1881. But in
1851 the balance against the port at this date, in
| cluIed the imports of $24.552,0l0 in specie over
the exports OF the same, while Tor this year the
imports of specie exceed the exports only
| $40G,995.
IMPORTS AND EXPORTS FROM JANUARY TO DATE.
| MERCHANDISE.
'ts itos552s f2iooo6o6 iSo3oo6lo
i1 oS1poris en. s2747o229 ss473237o st,29so2s
| SPECIE.
asss:: ''9 as..i5 33 l@ 's5 5s3
U ooIpor ln excess s24.552olo - sioG995
| Of mpOrta-..- T<o'O'ooo
| MERCHANDISE AND SPECIE.
opeIpo ri s5eo2o932 s579642s3 si57o3O23
II IS probable that the imports will continue TO be
light from now until the new tar goes into opera
| ton on July l, because all importers viii delay
shipments from the other side OF goods on which the
duties are to be less after that date, except IN cases
| where the immediate demand Tor consumption Is
urgent That il the case with few articles Only:
| But lighter imports for the next lew weeks VIII
| have little or no immediate effect upon the foreign
! exchanges. We before have shown that the demand
| for exchange TO cover Imports OF merolahdiSe
| comes only sixty days to four months after the
| goods are landed, while the exchange which Is
| mndc by exports 10 placed upon the market lmme
| dIately Last week the foreign exchanges were
| strong and advancing until alter the closing OF
| the mails for Thursdays steamers; the nominal
puce for sterling rccedod - cent but rates remained
| firm. The market was somewhat affected by de-
mand for bills to cover importations OF securities
! but that demand did not reach to such dlmens9ns
| as reported. closer working of the London
| money-market 1.-THE Bank of England reserve Is
| more than per cent lower than 1t was at TINS
J.t Last vearl natura Nv draws home foreign capital
| which has been loaned in the market Because OF
these loans of foreign capital the rates for exchange
have not before responded to the commercial situa-
A
| for actual business the basis of - S4h and
81 S79i respectively for long and short sterling.
The local money market during the whole week
| was one of extreme ease, and the common rate at
the Stock Exchange was 2l2d3 per cent. The rates
| Yesterday showed more hrmness, but were not
| higher. The Sub-Ireasury took S0l0,Ol1 from
| the banks in the week ended on Friday night but
| the weekly bank statement showed gam
TO the averages of cash of O51 100 and gam TO
the average of the surplus reserves of $3,4lO7Io.
Tho United States Treasury twhoe country during
the week added 50 O1S.434 to ITS cash III excess oi
| outstanding certificates follows S0I4So0
! gold Ss32, S7S legatender silver dollars; $43,s67
| fractional silver COINS and 1865 1873 currency The
| domestic exchanges are favorable to New-YOrk ut
the commercial centres at the West and South, but
| at the East they are against this city.
| The Stock. Exchange markets last week were
| Oblivious of external influences. Speculation
| obeyed only blind impulses. Prices declined and
| adv anced as they were moved by purely local
| causes. The business IN stocks Tor the
| week amounted to 1,704,3i7 shares against
| 2,O30349 shares for the preceding week.
| Tho depression III values noted at the
end of the preceding week continued until tuesday.
| Alter that there were sharp and rapid advances,
| a liquidation of a large part of tho existing short
interest aud then intense duness for the last two
DAYS The week closed with prices generally small
fractions higher than on Saturday week ago.
few stocks however show Importanl gains; Central
| i'ac ic }bs Missouri, Kansas and TrAas =, Bur
| lington and Quincy and Texas and Pacific each Is
| and Western Union per cent. Inc stocks Showing