New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-26
A PROMISING OUTLOOK.
STOCKS LEAVING THE STREET.


THE NATIONS COsniERCE-LARGE MOVE
MENTs IN JULY-FAvORABLE RE-
SUITS FOR SEVEN MONTHS
Sunday, Aug. 25.-p m.
The Bureau of Statistics report on the foreign
commerce of the United States for the month Of
July shows an unusually large movement OF
merchandise. both in imports and exports Inc
imports give gain of sl1.4oo000 on July. 1883.
and q gain Of 4.200. 900 on July, 1887; the eN-
ports give a gain Of s7,o0o,000 on July. 1883.
and of 100000 on July. 1887. The specle
movement for the month which includes silver
bars gives an excess of exports S70O.O 600 greater
than for July, sss. against an excess of imports
for July, 1887. of 100000. The exports OF
silver In last July amounted TO s2.621 $40. which
ia the largest amount for that month since 1888.
but the importatons amounted TO sl.70o.39o.
which is the largest since July, 1884. Inc net
excess of imports, merchandise and specie ana
bullion were SO, 100000 greater than in july
1888, and s., 100000 greater than in 1887.
For the seven months ended July 81 tne
imports of merchandise amounted to s46S,1 1,ol4,
the largest amount since and inclusive of $50 and
probably the largest amount in the history OF
the country. AS compared with 1883, IL Is an
increase OF s3I. 200, 900. while the exports TOE
Hence the excess of imports of merchandise Tor
the last seven months is sec, 900 less than
the excess for the seven months OF 1888. Inc
exports of merchandise for the last seven months
amounted to s4l3,931 ,223 which is the largest
sum since 1882. when for the seven months the
exports amounted to s451, 092,3O The specie
movement during the last seven months gives
an excess Of exports of s53,275,43O, winch Is
$40 Oo0 600 greater than the excess Tor the seven
months of 1888, and s38400,000 greater than inc
excess for the seven months Of 1887. Inc eN-
cess of the gold exports for the last seven months
was SAL DOL ,220 against an excess OF Slf,eoo'
7e9 for the period Of 1888, and the excess OIL
the silver exports for the last seven months was
H1, 374,2lO, against s7,627,0s6 Tor the per,ou
Of 1888. The net result OF the seven monVns
transactions in merchandise, gold ana SILVER Is
an excess of exports of 81, 0s9,o3o for this year.
against an excess of imports OF sod,zo''"i
for the period of 1888, and an excess OF imports
If s20417734 for the period of 1887 Inc 1oi-
lowing tables give the movements for July ana
for the seven months of three years
ONE MONTH.
Merchandise.
s;$' @ '9s
Excess Of imports. e71973l4 si410791e slSoSl'@'o
Specie and Bullion
Import: 'sS S5Ss 5 5tSI3sgs sS5ss5
& & szps5ss :ioSsgs s'e'ao'a sSoo11"s
Net Balances.
rxcss. q, imports IS o0ee33 1921 s13 s13223a77
SEVEN MONTHS.
Merchandise.
s: 9ss5 ' sS52s5 'fs 5Isl5s
Excess Of imports s8l 287,4n s70.7s2oo s4o1So'sol
Specie ana Bullion
it9 2pors ::.. s 2iSS5s9S 55ioJi03 cOi05i8j
rxo,.. o, exnor., 81 500 7o7 224c2sC5 s5so75,4so
Net Balances.
Exoess Of imports. $50 All, 7& sb32097n oso ooaa
Excess OF exports. ''-'-''----' %'S
TREASURY MOVEMENTS.
The United States Treasurer last week received
from customs s4,560,356, and from internal rev.
enue s2450.GoO; total from both, 0lO.956.
against s7,262, oil for the preceding week. Yes
terdav's weekly Treasury statement shows an ac-
cumulation Of 81, 1877, 500 cash in its vaults ana
an increase in its deposits in National banks OF
seO75s6 making a total net gain 10 its cash OF
a. oA52s But these figures do not include the
pavment of about 81 100000 by Sub-Ireasurles
on Thursday and Friday for purchased bonds.
So that really the accumulation in its wants
was only about 81 100000, from which, deduct
ing the usual weekly silver coinage there Is left
for the withdrawal Of legal money from general
circulation only about $780,, 900 for the week. The
changes in vaults as by the statement were as
follows: A gain Of s3,s20162 gold by an ac-
emulation of s6S9,412 bullion, plus reduction
of s3l3O,75O in the amount of outstanding GER
tificates; a gain of s40l,3GS in legal tenders by
reduction of $4,000 in the amount of outstand-
ing certificates, minus loss OF Sl1 s,G32 notes;
loss of 81, 057 500 silver by an issue of S2,GOl,
s46 certificates, less gain of s6l4243 bullion
The gold gain partly was from deposits in East
| ern Sub-Treasuries for exchange upon Western
and Southern Sub.Treasuries, and the loss of
silver reflects the payment of those Eastern de
posits at Southern and Western points. The liza
bilty for the redemption of surrendered National
bank notes was reduced s341 i So so that accord.
| ing to the statement the available balance was
increased during the week 80, 396447: but these
| figures are modified by the late payments for pur-
chased bonds before referred 10: ....u... 49,.
subiOned the results OF yesterdays statement com
psred with those OF the statement OF August II
Aug. II, 1889 Aug 81, 1889. Differences.
Gold coin and bull.
600 rescrye 752 $50 81, s14 Inc SO e2O162
ceftinSaes ioe 1904 500 80 400 2e7 Inc 4ol, 36s
| Nat bank notes 40l9 332 4j93,10l Inc 573769
Silver dollars 90 ,ai. and na
tScaies ' '.... so955 $50 os,9s7o5e Dec 1871 SOB
Cash in Treasy an 542 sI55 8Oa2as Tic s2s50ao
| Deposits in Ma 49, roo
banks 4o,961.S63 a., lt9 q u Inc. 2Ji,coo
Total balance s95 1873 400 s10s 47s 6s7 Inc SO o45o52
Deduct for funds
| held 10 redeem
Nat blk notes,
including the -. a, ao. -, -, -r-
| Net available bal. oo 40 20 ,o, -, .o coo -
BANK CONDITIONS COMPARED.
Nv the operations of the New-York Sub-'Iras-
ury in the week ended last Friday evening, which
included the receipt of 81, 065,OOo for exchange
on other cities and the payment Of sl,673,j $50
for purchased bonds. the New-Yosl banks lost