New-York tribune., 1894-06-25
UDNEY IND BUSINESS.

MONEY IND BUSINESS.
The largest exports ~ gold ever maie III one
weel s. 23o007 including 100000 from Boston IS
tho ,,sver Of the official record to the prediction
hv Treasury officials a week ago that the ONT
warI movement was about over. 10" mon
who der.led Noah and told him 1T wasn't going
~ bc much of a shower after ALL have 'h''r
! success,rs The aggrcgai" from N"w-l DIX "l'"e
IN Iune with one week yet remaining, mas p''n
siS SIS go in gold against MT exports IN May "l
s22IeiO5S from all ports. The exports OF silver
have. been s.. .g59.99l from Ncw-Yorl< In June thus
far against net exports ln May OF S2.9si62' from
all ports Merchandise exports have been
u,tIe larger this year than last. while the de-
crease I'm imports At New-York alone has been
slo 4Gs 90 I'm June thus far nearly 80 per cent
,bich indicates n considerable" excess ~ m"rchan-
disc expor,s over Imports for the month OBJ
vlouslv the heavy outgo ~ spcci' has neither
cause nor excuse In the state ~ merchandise
trade The current statement now f. tAat The
weeks movement was for payment ~ July I'M
terost. and tha same thing was said two weeks
earllc- r. all foreign indebtedness and for
cign ownership II property in This country
amount ?, & 900 600 600 which ~ doubtful about
half - II being ~ present IN default or non
paving aul 'he rest averaging only about per
e.r- yearly m. total naif-veary payment w'n'd
D.. much ps- than the amount - specie sent
abroad this month.
Tho fact ls that the stock Exchange and the
money market are irving hard % h"li"v" that
r,.,..,.,,, ,,s,rus, ,t. selling o, securities by
foreigners and tie withdrawal ~ f"r'ien capl-
49,, .. .. .,.s. ., y.,4 .hinments II is
...h,,,, .,..,, noting that tho week of
,., ......,. ,,.,. ,is. markell hv heavy sell
a., ,...,,, s..,ri,t.s .- f,r..gu account
.t.i,.. , -,,is ,r ,,r.,..ss ~ r.orpaulzaii,n
,, ,u o. ,r,,h s,les ~ 70 ,2S shares:
r-.,., p,rin. "a ,vith sales ~ 32120 shares:
N,rfhern Pacific preferred pa. with sales OF
"a 20, .b,-.. and Reading H.. with sales II 2 0S5
t. .,hu. =, p,,1arl Missouri plclnc each
u..Io, ,,1 ali ,r.a. are. s-.., ,s largely held
,, rr, ,,,,t,st fh.s. y.r. sales ~ more
than , hu,lr.l other railroad st.rks amount
,,., t. less ft4n the sales - those six n need
/ , D.. ,l5.l that recent rlans ~ reorganization
ava ltsi,.,.r.s hay. r,u. FAR ~ llsh,arten for
,t,., holders bu, broader causo ~ dissatlsfac-
,.,, - ,.,,5 i, IN. conduct ~ tn. Treasury and
,b. c,,,rs. - general business. ana lu the amaz-
,,,, ,,,....,,,.,.,,c. sb,vn bv Congress
Tn. official statement ~ Saturday showed that
,t.. ,,.,l ,yr.1 h,. the Treasury was reduced To
,et orc e-f hu, "a usual the actual loss "a Fri
/ 1.. AMI Saturday has >, be- deducted probably
T.
! Either figure is far below the lowest point
reached last Janu,rv when There was A passion
| a.. ,,.,.,i g., h,rk.ra NAT ,yIfhout some threats
/ ir order g., ,..- L,nIs s.,J N.w az then Con-
/ cr.ss shows utter incapacltv This time the
Tr.asiir,. iu,lfas a few bankers Z, offer help by
/ turnlr, In their own gold i'm place II the amount
! drawn for export but the remedy is not calcu-
! lated T., lessen anv 1pprehension which may ex-
ist SOM. ally norsons are talking as II a
broker VIII, offered A premium on gold had been
puiltv ~ sarr1lege ignoring the palpabe fact
that th Treasury Itsalf had dom. the same thing
I'm off.r1ng transfers OF currency to the interior
AT less than regular rates I'm exchange FOR gold
deposlted The worst feature IL that the pend
ing revenue bill which cannot now take effect
| for another month dcfrrs the most important
| ch1npes until IN. end II the year n provision
which will 90 far +, shut ont dutable imports
for months T., come Customs receipts In June
have been only s6 500 900 thus far. against Sill
375. 900 last year. anl internal revenue receipts
ar. also about 81 100000 smaller for the month
! thus far
The volume Of domestic business represented
10y railway traffic Is % per cent less than last
year within the United States as appears from
! "Dun's Review" which gives these returns
apart from thos" of Canadian ami VI M'Xic1n
roads In that paper the clearings for the week
are also compared with those of 1892. De .rcasing
243 per cent, and 1S.S per cent In comparison
| with 1892 Last year the daily exchanges at al!
points were SOS, 100000 less in I'm" than i'm May.
and this year they appear ~ hc about $40 600 Oc0
les daily Outside the stock market there il a
u,,,o strergtb In nr,ces vi, ,at rising cents
o,r,, CON, and oats and pork nroducts n frac-
t,on. Western receipts of whoa. are now very