New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-01-01
THE MONEY MARKET.

Tho foreign movements Of merchandise at New
York last week were about 20 per cent greater In
exports than the unusual small amount for the same
week Of 1881 and nearly 80 per cent greater In I'M
ports. So that the imports exceed the exports Tor
the week OF this year 81 ,761, against an excess
of So ,310 465 for the week of last year. Inc vaue
Of the merchandise imported last week is
80 O30 $751; OF SO, 107 2S7 more than Tor the week
of 1881 the value of the merchandise exported lasp
week is 81. s5j 1913 3. 241, 091 more than Tor the
week of 1881. Comparing the years tour DAYS
business vet to be added to the amount of exports
the imports of 1882 are $5S, 506,552 greater than
they were in 1881, and the exports OF 1882 are
$31, 1926 72O less than they were in 1881, making
difference against the port Of $9O,232272. In
1882 the imports exceeded the exports
154,215 14S in 1881, the imports exceeded tlie
exports only $685. 9S2.S76. The movements ofspecle'
ofcourse, show corresponding changes In 1891 the
imports exceeded the exports Si3 797, 797, ana IN
1882 the exports exceed the imports 37947'2Oo.
The following shows tho imports and exports
other than of securities, at NewYork since January
/, for 1881 and 1882;
IMPORTS.
Merchandise $3.50 iS7sse se7Gflsss Inc SIS so6ss2
spece----.."-... 66O946G6 7480oSI Dec 4o.ozo,O@t
Total Imports $4O5 2O24Ol s5O5oso4lo Inc. $eS7SOlS
EXPORTS.
Merchandise. 1913 i9a 900 ss4s 5000 Dec ssI7s572o
spece.......... l2296'765 4b4lS239 Inc. oo,IIo,lI
Total exports s3S7 40, 72s s3sssI247o Inc 1soO751
the port @ lO77so67S 1le.207olG Inc. s.4s7267
The weekly statement Of bank averages published
yesterday shows q further expansion OF loans
amounting to 81, 290,sO0 The loss in cash is
81 sos, 1OO-$l ,521 400 in specie and $l71,3 In
legal tenders. by the operations Of the Sub-Ireas-
ury the banks gained $l,516,16S III coin, so dis
tdbuted as TO figure III the averages only
1925, 600 hence the losses By other means aver
age about $2,50O0O0. Part Of that loss is repre-
sented by the difference between the actual holding
of specie on December % and the greater amount
showed by the averages published in the statement
of that date, and part OF it by shipments to the in
terror In excess of receipts from that Prob
ably the banks on Friday evening held about
$3.50, 600 less specie than the amount reported In
Yesterdays statement The movements of legal
tenders do not seem TO have been important-or at
least seem to have very nearly balanced each other
The increase of $S14, 700 in deposits. shown by
the statement IS about $673.000 greater than is
called for by the her changes Tho decrease of
1887 900 in circulation seems possess no signif-
cance because. except decreases of $4,000 and
5000, 600 reported by the It. Nicholas and the I'M
porters aud Traders respectively, it is made up by
small amounts distributed among a number of
banks. TIE movements result in a reduction of
81 500 775 in the surplus reserve and leaves 1t at
1875, 400.
The following are the comparative totals of the
statements of December 23 aud December 3O
Dec %. Dec 80. Differences.
iegal.icadcr.. is5556oS is65l9o6 Dec. l5i&oo
DepoSts....... 2gD.sis 300 2yl.GGt6OO II 200
circulation. 1s.Ga,l0O 100000 Dec. $4,000
The following shows the relation between the
total reserve and tho total deposit liabitio3;
Bee g., al 2e s., 90 }oo no. Change e. g 600
Lcg,l.tonders ls,SJ5.J0O ls.64.@0o Dec l7lSoO
Total reserve s779sI4OO s762ol.3OJ Dec. sl,6J3lOO
sssinstdeS'ys 727l2s25 7eot19-O Dec 2o3673
Surplus. s5272I75 s33,64OO Dec. sIsgG775
The banks now hold in cash-snece and legal
tendors-S2 SOC, 800 more thar the sum held year
ago The loans now are i 49,, 200 less than then,
and the deposits 81 773, 200 greater; that the
reserve required by the 20 per cent rule now is
SAB 300 more than 1t was year ago. Aud TIE re-
serve now shows a surplus OF $3,375 400. against
a surplus Of 81 2jl 900 then. and the proportion
of total reserve now is 2Gl0, against 25.43 per
cent at the same date Of 1881.
The following are the totals o. the statements at
the corresponding date for the preceding years;