New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-05-27
CONFIDENCE RESTORED.
STEADY ADVANCE IN. STOCKS.

STEADY ADVANCE IN SIOCho'
THE NATIONS COMMERCIAL RAPID LlQUi-
DATION OF THE BALANCE OF TRADE
Sunday, May 2e-p m.
Tho Treasurys official report Of the foreign com,
ruerce OF the United States for the month VI ApiA
makes q favorable comparison with tne moVeneA.'
in the same month Of the preoeoins wy 81
The total of merchandise and speoie shoms -
apee against the country OF s-'ss''i-S' Vee
$500 900 less than the balance against .no "n
try on the movement in April 1900, anu IT,
oSo Less than the balance for April, 1881 Inc
w -. ;, .,.,cbandise for last month were valued
= 40 ooo ooo moro than the exports Tor April
Gao and e. a. soc, 900 moro than for April 1887.
q. ;rnnorts for the month were only A,soV,ooV
GREATER than in April 1888, and only s2'2oo'ooo
greater than in April, 1881 Hence the Daiance
AGAINST the country on the merchandise move
,ans last month was 81, 1000 600 less than Tor inc
month of April, 1888, and s9,OoO,0oo less 1nah
FOR the month of 1887. An excess OF exports IN
tbs specie movement for the month OF s3,sOo'ooo
greater than in April 1888, and s2,2OO,o oo great
Ar than in 1887 produces the final results as ee1ore
stated. -,
For the ten months from July l, 1888, TO April
On 1000 tho total movements Of merchandise ana
specie give the country credit balance Oh nearS
ss0. 600 900, against debit balance OF S2z,OOV,-
900 for the same ten months Si S Ss 600 for the
ten months ended April 80 1887. In ttie ller.i 49,.
djse movement for the last ten months the
were s37 grea'er ihhn 1 ,be I'M were
onIv SIS. 600, 900 greater. Compared WIN sts
ten months ended April 80, 1887, The exports ars
were 81 100000 greater ana tne Sf exports
for the last ten months was $4,000 10V gTesSS9
tSsn ~ FOR the ten months ended April 80, lSss,
and s26,o0o0oC less than ior 'ne ''1
o' An exeess of exports Of gold and silver during
the last ten months OF $685. 5,oOV, assiusV co.. on
excess Of imports of $50, S0ooO9 luz ox x n
i'm uorts of SEA 900, 900 for the ten mohIhs enueu
April 30lss7, produces the favorable con paris9n
to the credit of the country before stale9. IN In
The last ten months the excess OF exports IN 6 I
snscia moyement was made up by Sls,oOO,ooO
gold and 81 900, 600 silver Hence the neV s5 pon
of gold for the ten months were ABOUT s1;W 49,,
moo less than the products Of our mines curing
that period The following tables give the uoHe-
ments for the month Of April and for the ten
months Of three years:
ONE MONTH
Merchandise .e, 1870
sSsss april 'ss ss 's!a
r,o.,, Of imports. sIe,O12,Sa2 s1i00lOlI s7O42sa0
Specie and Bullion
'si2sf ' sss $50 ' SSss.t
y,,... ., exports. sa.so4.7sO s7S5,Osl s4,sao277
Net Balances
px,..s a, imports. slaels,1o2 sl1175ss4 50 4oa122
TEN MONTHS.
Merchandise.
Ir,, N Ipr,l 30 1sse's7 1ss7'ss. 1888, 49,
Imports. 0II'
Exports-...-.---.- e24'soe,V1L oo1,--O 49,
Excess Of exports. esq 567 S94 sSoSe4S7 sZo'ooio'
Specie and Bullion.
sSs55aaa 'ssS S75sSd 5iSdsss
r,e... O, imports. s24.9 0Si t259788iI s.,s;i,s
Excess Of exports. '..'-..-'''' S"'A-''H''
Excess o, imports. .SIs s2a2sss74 .;3 ssi 500
For the last twelve months, ended April 80,
The exports of merchandise were SSS,OoO,O0O
greater than in the same twelve months OF inc
preceding year. while the imports were increased
sis00O,ooO, giving an excess OF pGr'S % % onlv
1000, 000 against an excess OF imports Tl s.o,-
GOO 900 for the same twelve months OF the pre-
ceding year The value OF merehanoSe s. 1nnntS
was $4,000 900 less than the amount at the end
of April, 1888. Adding this difference 10 Ihe
s6Oo,ooo greater importation iGr con sm9,eg
sol 00O, 900 more Of imported merchandise than
10 did during the preceding year.
THE TREASURY GAINS MONEY.
The United States Treasurer last week received
from customs 3,S64,739 and from internal rev.
enuc s2,sS6 e96-total from both 50, Isl ,633,
against Sc, 963,494 for the preceding week. Dur.
ing the week the Treasury accumulated IN It's
vaults s1,73S,1l6, and added 10 its deposits IN
National hanks s673 024; net TO its cash bal.
ances S24l2,O4o toward which the usual weekly
coinage Of silver contributed s60e,00O The
principal changes in the vault balances were as
follows: A gold loss Of s272. 665, made up by
loss Of 81 ,522,5s5 less reduction OF sl,23O,O2O
in the amount of outstanding certificates; gain
n the leeal-tender balance of 1929, 96o, made up
BY an accumulation Of Sl,27s,9 6s, less an issue
Of $3.50, 900 certificates; and gain 10 the silver
balance Of s978, 1896, made up by an accumnh-
ton of $685. S3l bullion and coin, plus reduc-
ton OF s274,00 in the amount OF outstanding
certificates The liability for the redemption OF
surrendered National bank notes was reduced
sll93 1885, therefore the net gain to the available
balance was 50, 605,806
suhioosd are the results Of yesterdays statement
pared with those Of the statement Of Nay 10
May ls. 1883. May 20, 1889. Diherences
and eloo oO0.. - - - -. ,-,,.-
Fat bank notes. +ySo4,7OS 4,9l2,5s6 Inc lOTs77
snS Ssilf aSaf les a8 ss,
saessss 49,. 2s,9aSy4ss . ol9,S4 Inc. TssSs
Cash in Tr,asys15i 4697O sI5aSs5O8s Inc sl,7Ssllo
tiSnsi toanSs.: 4l.o5lOl7 E2aA,9il Inc. o7Ss24
Total pa,,nOe sio2 9s7 si95 2Oo27 Inc s24i2olo
Deduct for funds
Nat blk notes
Including the 5 49,. 80. 49, -, 80, so, 80,
per cent funo S9o3l'0H oolo"eli DEC iiSo''oO
Net available bal Ann an mo Inc 9, sos soO
BANK CONDITIONS COMPARED.
By the operations Of the NeW-YOrk Sub.lreaS-
urv In the week ended Friday evening, which ill.,
cluded the receipt of s3,65l, $40 for gold taken
from the Assay Office for export and the payment
OF 81 o. $50 for purchased bonds, the New.fOrk
banks lost S4,5l2,195 cash Following our est;
mate Of a week ago, that the banks then held
1000, 600 cash more than the amount given
IA, che ~ d1t 6tatemcQt