New-York tribune., 1883-03-12
THE MONEY MARKET.
CIrNnAY March 11-p. N.

SUNDAY March LIP. VI.
The Custom House returns OF the foreign move
ments of merchandise at New-York last week snow
balance to the debit of the port that 81, ,O345S6
greater than the debit balance for the week of 1857
and 81 972 5S5 greater than for the week OF 1881.
The imports for the week were valued at
$40, 800, 1888. which is $2,O7S,036 more than the
imports for the week of 1882, and $771,901 moro
than for the week of 1881 the exports last week
were valued at $7,72O,7o3 and that sum Is
81, ,O44,350 greater than the exports for the week
of 1852, and 81 200 59i less than for the week OF
1881. Hence, the merchandise movements OF last
week show balance against the port of 81. 4oO'
against debit balance of 81 $40 s94 for the week
of 1882, and debit balance Of $G0S, 500 for the
week of 1881. From January 1 to date the imports
of this year have amounted TO $4,21791s less than
for the same period of 1882 but TO $11 ,4O9 800
more than for the period OF 1881. The exports thls
year have amounted to s., 4,5G9,253 moro than LOT
the same time of 1882 and to SOCIETIES less thah
in 1851. So that the balance against the port on
the ten weeks movement Of merchandise this year
is SIS 7S7 III less than for the same time OF 1857
but is $17 400 642 greater than for the same time
Of 1881. Deductng the specie movements the pal
ance against the port for he ten weeks TINS year Is
81, 500, 772 moro than in 1882 and is l1,6s2'7S7
greater than in 1891.
The following table shows tho totals of imports
and exports other than Of securities, at New-York,
from January TO date. for three years
MERCHANDISE.
Export: Exports 5ss53s8 'ss:s535l ss5!:is
ol exports. oAe'' $loosaool s3GsG51i ss757s5aO
SPECIE.
's@sss s!sssss ,s5fiG :sfg !4s:s;s
Imports IN excess Oh :, aossat ..
iIyor,s - -. ....... sll.e7G9JI slSs2e6l
MERCHANDISE AND sTEClE.
1881 1852. 1888.
porIs sl45ll. .7oj slfGsi SO $25l945s2
BY the operations at and through tho Sub-Treas-
ury for the week ended Friday night. the city banks
lost 81 800 800 in cash - -, ,O96.Os5 coin and
S203, ,304 currency. The Sub-Ireasurys gain OF
~ O06 OSJ coin was so distributed as 10 figure IN
the banks averages n loss to them OF only
$l,175 900: 80 that TO the Sub-Treasury the banks
lost $92l 900 more specie than is represented by
the figures of yesterdays statement OF averages.
The Sub Treasury gain in currency cS293, 3,30N,
even if it was all IN lega-tenders. would
hardly affect the banks average of that
item. The shortage III cash from the
statement of a week ago we estimated 20 be ~ 200.-
900, which, wish the average (pl. 10000 of the
loss ia coin TO the SubrrcGsurg. accounts Tor
S2,375, GOO of the total average lOss III cash
"a s12, 900 shown by yesterdays bank statement;
that leaves 50 437. 900 the representative aver
age of Withdrawals other than through the Sub
Treasury viii indicates that the actual condition
of the banks total al the close Of business
on Friday evening was much below The average
condition Of the week. repOrtedby the statement,
that we hesitate to tho number OF millions Of
dollars at which We estimate the shortage.
As 10 the deficit IN tho reserves from
the arbitrary rule Of - per cent, IL
is now $J,1GG.l5O by the statement a sum
more than 81, ,0O00 600 greater than the deficit at any
time In 1852 the two dates Of 1852 when the def
cits were The greatest were March iS2, CT 0j0snd
November Il-r3, O24 $50. II mnst be borne in mind
also that the figures g.. 202.390 for the dccrease
in loans, are only the average Of the contraction
which probably was more than 100000. The re-
suit of he week movement, as shown 10y tho state
mcnt is an increase OF g.. s5l 37j in the deficit
from the reserve required by the % per cent rule
and leaves II at 50 16G.1j0 which is n difference
from the condition OF year ago Of 81. .SJ3,O75.
The following are the comparative totals of
the statements Of March 3 and March 10: