New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-24
THE MONEY MARKET.
SUNDAY. Dec. %, 2. n.


The Custom Honse returns OF the foreign move
ments of merchandise New-forK las week
make another comparison with the movement Oh
the same week of preceding years tnat lS uhiaFo
HE 70 the Dor The excess of imports over ex-
norris last week was So, 97O, 4O4 agains an excess
bf axrorts of S439 $50 for the week of 1882, and
AGAINST an excess of imports of only S34O,2lo foT
the week of 1881. The imports last WEE
$50 354 500 were 81, 954074 greater than Tor the
week of 1882 and were S162, lOf smaiIer than lor
the week of 1881. The exports last week V'3o4'-
1o2l were S455, $50 smaller than for the week OF
1882. and were 81, 792, 200 smaller than ior the
week of 1881. Including the specie movements
the balance against the port in the business oil TINS
wear tS1I534S5 800 is only $429, l3o less than IN
the same line in 1882. when the MISUNDERSTANDING
Cd exports of specie of S37 6639oS IN excess OF the
exports: and is $9,Os3.926 greater than the bal
ance in 1891, when the movements included
S44 GIL s62 of specie imports in excess of the ex-
rorts The following tables show the total move
ments and the resulting balances on inc ousiness VI
Rfty-one weeks of three years:
IMPORTS AND EXPORTS FROM JANUARY TO DATE.
MERCHANDISE.
I IMPORTS s ssG5.as SlS $3.50 80 S'&cSSi5
r,Oess of ,mpor,s s6i 652732 sl5i42,G7 sl0a066327
SPECIE.
sf iis54si :75 o5ao 5Ss4so5
Excess OF imports s4i.6l1sG2 ...-.-.... SSSs2lSS
Excess OF exports. S'"oo'''oo '''''--''''
MERCHANDISE AND SPECIE
F,ces. NJ 2o45oi s1l577SG59 sl5,3is52o
The general situation of commercial and mcrcan-
tile affairs last week present no new or IN
tercsting features. The number of failures
1929 reported for the United States
states and Canada, although two less than the
number of the preceding week. IA still
larg eand reflects the effects OF the continued
sbrinkage of values for all kinds of merchan-
disc, Over-productiOn and oyer-trading are
the causes of the general srukage in values and the
consequent large number Of failures, ana they, IN
turn, explain the present depression. Whatever
NAV be the remedies for the present unsatisfactory
condition of affairs, they certainly are not 10 DO
found in the speculation in grain and provisions,
thar has enhanced values TO such an extent That
already we have piled up some 3G,0OO,OOO bushels
of wheat in our StorehOuses, while Eastern Europe
and Asia have supplied Western Europe with such
quantities that it scarcely needs TO import another
bushe till after the next harvest. The speculation in
wheat caused some sharp fluctuations during the
week but the final figures shade lower than last
week The receipt at the principal eStern points are
300, 900 bushels greater than the shipments. The
speculation in corn which seems TO havea better basis
than that for wheat, in the continued uniayoable
reports from the country Of the soft condition of
portion of the new crop established an advance
of about two cents for the week. The export
movement of both wheat and corn was very light
The receipts and shipments Of wheat, corn and
oats at the principal Western points of accumula-
tion for four weeks compare as follows;