New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-29
THE NATIONS COMMERCE.
IMPORTS NOT EXCESSIVE.
LARGE BALANCES PAID WITH AMERICAN
SECURITIES.

LARGE BALANCES PAID WITH AMERICAN
SECURITIES.
Sunday Oct. esp. m.
The report of tho Bureau of Statistics OF the
fore, On commerce Of the United States for the
month of September results in net debit balance
of 81, O60497 against 81 1853 254 for September,
1887. and 81 923,5l4 for September 1886 The
merchandise movement for the month was smaller
in both directions than in September, 1887, or
I $3.50: but the decline in exports greater than
that in imports that the excess OF imports
last month was s2,249,s 24, against s76l,S11 in
September, 1887, and S1,265,941 in September,
1886. IL was the changes in the specie move
mcnts which produced the net results first named.
For the three months ended September 30 the
net balance against the country, as made up by
the Custom Houses was s16,0OO0o0 less than
for the three months of 1884, and only 81, 900
GREATER than for the three months Of 1886
Here too il is the changes in the specie balances
which overcome an excess Of merchandise I'M
ports. which is $40, 900 greater than in 1887.
and sl6.4OO, 900 greater than in 1856.
For the nine months--January l TO September
30-the merchandise imports exceeded the exports
s9674927 against an excess for the same
pcriod OF 1887 Of s45, 36l, O52; but including the
spccic movements the excess Of imports IS only
s65.41s. 705 for the last nine months, against an
excess of s5s4s4,56S for the same months oil
1887 The present condition OF the foreign eA-
change market shows that these large
balances have been settled by the exports OF
American securities. The imports Of mcrchan-
disc during the last nine months were 100000 900
greater than in the nine months of 1887, While
the amount Of imported merchandise remaining
in bonded warehouses at the end Of September was
only 81, 800 600 greater than the amount at the
beginning Of the year. This shows that the In
creased importation has entered into consumption
and has not been excessive.
The following tables give the figures for THE
month Of September and for the three months OF
thret years -
%ssa Of s?D'sn'ss "a e ss s5 ssg5s s.
Excess of imports na q 2s So nnos s7cisi s2a''SA
Exports 's s5SS5s ''s S ss5ssS
Excess Excess Of imports imports sse5 s25eO44s
Excess Of imports sio5$ "a sis s5s 25i s1oC94o7
THREE MONTHS
Merchandise.
IMPORTS 10 'VD' s6o SIS ai47a s171sss97
Exports 15sO5i'92s l6oO7s,5is 1lS,7ss64
Excess of imports si10i31io eis27Ooa5 s28 o90 c27
Specie and Bullion.
Imports s14ss3 09t 500. 76o.43o s5,557.oio
Exports S232s45 7,79o,29I - 32o,24l
Excess Of exports go. 707, 3o1
Excess Of imports $1,000 90 s19,OO2,1i2
Net Balances.
Excess Of imports sis 2G3 $50 so o73 OG7 so1 1872 328
The amount Of imported merchandise remaining
in bonded warehouses at the end Of September was
SOL s5e,1Oo-a decrease of si,321, 53l-for the
month against 500 654, 23j September 30 1887, |
and S3l, sG03A0 in 1886.
The immigration into the United States in Sep
tember was 1911 persons against 4s.443 in Sep
tenrber, ss7. and 39o17 in September, 1886
The total immigration for the nine months ended
September 80 1888. was 432, 500, against All ,2s2
for 1897, and e04.506 for 1886
THE TREASURY CHANGES SMALL
The United States Treasurer last week received |
from customs SO, 712,455, and from internal revc
nue. s2,57959s: total from both Sc, 292, O53 |
against s6.4s5.s01 for the preceding week. Yes |
terdays Treasury statement shows loss to its |
net cash balances of s9O0,793, but it was princ- |
paly made mp by reduction of s690,436 in its
bank deposits. A gain to the gold balance OF
So $685. 4s2 is than offset by losses of silver
and a reduction in the amount Of National bank |
notes hand. so that the net loss to the balances
in Treasury vaults was only s21 0,357: adding to
this loss the usual amount 5000. 00O) weekly !
silver coinage, gives $4,000 for the amount |
actually withdrawn from the Treasury vaults |
during the week. and makes the amount of legal
money restored to the general circulation during
the last four weeks about S24, 000 600. The !
amount Of bonds deposited last week TO secure |
National banl; circulation was S63, $50 greater |
than the amount withdrawn from deposit. The |
amount of bonds held TO secure Government de- |
posts of cash in National banks was reduced |
500, 600, and the bonds so withdrawn probably |
were sold to the Government
Subonei results OF Yesterdays statement com.
pared with those Of the OF October 90:
Oct CO. 1885, Oct. 81 1885, Differences. |
Gold coin and bull
less certificates
ard 500. 100000
reserve ss5oi1 oo1 sss. eso,773 Inc 50 6os4s2
L. s. notes less
certificates . 37553514 37523s75 Dec 2oG3o |
Nat. bank notes i,J37SS6 365i 21S Dec SS366S !
Silver DORIS and
bullion less
udcaes si,5036ss 80, 1856 Dec o,oo45S2
Cash IN Treay s162 500 $40 s1G2 O22 Dec e2l9357
Deposits In Ma
tonal banks. 5Oo7s.l59 40 1897. 1913 Dec. 69O436
Total balance s212G74 53S SPILL 745 5000 1913
Deduct for funds
held redeem
Nat b'nk nors.
including the
per cent fund oi.437107 %, GiS 331 Dec 7SS7T6 |
Net available
balance s11s .431 s11s,1f64t4 Dec s121 OH |
BANK CONDITIONS COMPARED