New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-04-30

MT BALANCE.
Excess OF exports. s3,3ls6S9 s4725.sS al
Excess OF inpsrtA. $'A'A'''N-
For the nine months-ended March 81, 1888
of the Governments fiscal year the exports OF mer-
chandse were s2S, 90, 900 less than In the same
period ended March 81, 1887, and 100000 oo
greater than in the corresponding period endeu
March 81 $50, while the imports we're SCI, 0OoOoo
greater than in 1887 and S6s,S00,000 greater than
In 1886. Hence the excess Of exports lor Che
latest period was only s15,670,7s0, against 500
$50 226 and s44, 454 for the respective PERIODS
named. The specie and bullion movement Tor the
last nine months results in an excess Oh imports
OF S26, 76s,7o7, against an excess for the perioo
of the preceding year of s27,3S1,3sl, while 1or
the nine months ended March 81, 1885, the excess
of exports was l1,o5s,565.
OF the specie and bullion movement for the nine
months Of each period the results Of the imports
and exports of gold were as follows FOR the
last nine months On excess Of imports OF s3I,'oo'-
24s; for the nine months ended March 81, 1887, ex
cess IF imports 1913, sS1, 775; for the nine months
ended March 81, 1886, excess OF exports
s2.4s3.3o6. In view of the changes in the current
OF gold it is interesting to note that in 1856 when
tho countrys net credit balance on the movements
Of nine months was S56,472. 600 at this date, the
foreign exchanges were ruling at rates which
already exported, net over sl7,000,000 since
January l. and that now, with a net debit balance
TO the country of I1097,927 ON the movements
OF nine months exchange is weak at fully one cent
per below the shipping point, and the net I'M
ports of gold during the last three months have
been about 81 900 600. The following shows tho
pros, movements and the net results for the nine
months of three years:
NINE MONTHS
5q5s to March ' ss
Imports.-....-.... 47osseios eoss4ool2 ooe.I1zIIe
r,e.., o,,rDor.. s44sisao4 ssaosO22S sissTo.7so
':1s; iSsS ss3s 'ss rs
Imports. s'I'LofS otofo,Ie ooND--o-.
r.e.,.ot,uoo,,s.. ........ s27. Ssl3sl s2B.7es7O7
r,es.. Of exports. sselTa.o os stIlsss4s ......;
Excess OF IMPORTS
The amount Of imported merchandise remaining
in bonded warehouse at the end Of March was
$685. 9s5 945, an increase for the menth OF 1884,
33s, against $32,457sS4 at the end Of March,
1887, and S2S,2S7, 500 at the end of March, 1886
The immigrants entering the United States in
last March numbered 3s,92s, against 39,67e in
March, 1887, and 22.s1s in March, 1886. The
total immigration for nine months ended March
81 1888, was 293,23o persons, against 26o,o6l
in the nine months ended March 31,1ss7, and
l79S6I In the nine months ended March 81, 1885.
APPARENT TREASURY GAINS EXPLAINED.
The United States Sub-Treasurer last week
received from customs, 50, 74s,O2s. and from
internal revenue s2,59S,406; total from both,
Sc, 346,434. According to yesterdays Treasury
statement it seems to have added to its cash bal
ance during the week 81 ,9s0,5S2 by an accumula-
ton in its vaults of So, 083,91l, less q reduction
In It's deposits IN bank Of SlO3,329. This result
would be materially changed If the statement OF
| yesterday took account OF last weeks payments
| by the Sub Treasures OF about S4,5G0,GoO for
| purchased bonds The gain to the cash in vaults
| was principally made up OF an accumulation OF
| legal tender notes. The gain in silver bullion
and coin was s657,353, about the amount
of the weeks coinage, but against this there was
| an increase in the silver certificate circulation
| Of $35e,603, leaving the net gain In silver
| 1886, $50. There was q reduction in the lahili-
| ties for the retirement OF National bank notes
Of 1892, 055, 20 that the seeming available bal
ance was increased during the week s25 73, 537
| But when last weeks payments for bonds are
| deducted the net cash and available balance will
| show some reduction instead OF the gains given
| by the statement.
SubjOlned the results OF yosterdays statement
| compared with that of April 81:
| April a. 1888 April %. 1888. Differences
Gold coin and bull,
reserve -. elie,2 ala s27 slle162s7l Dec solI5e
sssssss E:s
siv. ',s .o lar. and
siheate.. boesss4l $1,000. COL Ina as6. 66C
Cash in Tr.,ry- 1913 s2o i28 2S4 Inc
t.na banfs osslo AGA S52o7.ls, Dec. los.sss
Total balance sas4 s75e 3sD4l0 Ina 81 ESQ., $50
Deduct for funds
| Nat bank sotes
| including The 5
per cent fund... loSss25oo los.2sso45 psa ss2.o's
] -------------- -----------
| anoe.. 81 So s22 s37 sl6s o95 s7x Inc a. 67s 537
| So far from the banks being disposed to with
| draw Their bonds deposited for security Of Gov.
eminent cash deposits, the deposits of bonds last
week were increased $50, 600. II is noteworthy
also that the deposits Of bonds to secure bank
note circulation were 81 76, 900 greater than the
| withdrawal Of bonds deposit for that purpose
| CONDITION OF THE BANKS COMPARED
by the operations of the Sub-Treasury in the
| week ended Friday evening the banks gained
s2,942,s6l cash These gains were wholly made
on thursday and Friday and therefore, figure
for small amount in the bank averages The
weekly statements exhibit Of S2,l5l,o 900 gain In
cash reflects principally the excess held a week
ago on the amount given in the statement
for that week, which We then estimated to be
about 900 900, and the average, Of receints O,
the week from the interior. Our estimate now il
that the actual cash held At the close of business
frlday evening was nearly the amount OF the
weeks gain from the Sub-Treaslry I'm excess of the
amount set down in the statement The con
| traction OF loans was small only Sl4s.30O The
increase in deposits is 5000, 0O0 smaller than the
other items call for, and so the surplus reserve
IS increased 81 s7o,22o to sl6,ll6,525, against
s7,I39925 April 80, 1887 "eN
In the week Of ss7 the changes were as follows
Loans decreased s2,l00,90O, casll increased s6o5,
300, deposits increased 1904. 700, and surplus re
serve Increased S7el25. In the weak Of 1888
loans decreased s244.40O, cash decreased Al .s9s,
700 because Of gold exports, deposits decrease.
600, and surplus reserve decreased 81 ,esf,
100 In the week OF ssl loans decreased 81 ,2s2,