New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-04-28

SATURDAY, April oG-P.M.
In commercial circles the week has been more
favorable. with more active trade in The leading
STABLES There has been decided improvement IN
bTeadstufs though in groceries business has been
limited while a moderate movement onlyis reported
in dry goods Cotton has also partly lost the adj
vance Of the carly part Of the week. closing
on the basis Of 1Ssc. for Low Middlings.
Tho receipts for the week were 1888 bales,
against s. $50 last week. 4S,9i5 the previous week
and 49, 6S7 bales for the week ending April 8. The
total receipts for the expired portion Of the cotton
wear are 2Og 69j bales against 2,564t52 same time
previous year, an increase of Gij.@4j bales. Ire
exports for the week were G0Si2 bales against 2S91
wear ago. an increase Of 81 oOl bales. The total
stocks on hand are 43966i bales against 210l4
bales year ago, increase of lGO,is0 bales. The
total stocks in the interior towns are e3SS bales
against 80 100 last year, increase OF H26s bales
The total quantity Of cotton in sight amounts to
bales against 24j5 1875 same time in 1872 an
increase that year over last Of 1920 bales.
The week IN Wall-st. has been uneventful. Fol
lowing predecessor so fIaught wthIstOrm and fury,
the week now brought to close represents the nat
ural calm which succeeds the storm. Stocks, while
not absolutely weak have fallen from the high es-
tate which they so suddenly reached, and prices
have been permitted to sag and droop in order, as II
is thought by many, TO create new short interest
in the covering Of which n market Will
be made for the line Of long stocks
alleged to be held by the leading operator OF the
Street. This eminent gentleman Is none other than
Mr. jay Gould who is credited with carrying III ad-
dition to other heavy ventures, the entire North
West Cof course we the stock on his shoulders
something after the manner Of the NEUROLOGICAL
and historical Atlas. The natural course of none
tarv affairs is toward general steadness and
abundance and the continued receipts of currency
from the interior and in liberal amounts, would IN
dictate rapid strengthening of the bank reserves,
except for the fact that by far the larger proportion
thus far has been in national bank notes and these
in a great measure have mysteriously disappeared
from the street. and gone, TO use an expressive
phrase borrowed from the elegant vocab-
ulary of the late lamented James Fisk.
IT, where the woodbne twineth." But.
matters are gradually taking more rosy hue,
and buyers of commercial paper and rst-class rail-
road acceptances are beginning to tbrong the Offices
Of the note brokers with rethoric pocketbooks, in
dcative of returning confidence. A brisk trade has
| been driven during the past few days, and prime
names have gone at 10 10 12 per cent discount. The
gold markethas been quiet, than usual. and
the extreme range Of the price has been III and
| III the intermediate variations from day to day
having been dependent either upon temporary local
causes OF the result of foreign news The specula
| tive interest has been held in allegiance, and the
| average daily business of the week will fall far
| short of any other week for a long while. There
| has been much impatence manifested at the delay
! of Mr.. Richardson in ordering the prepayment of
May interest and Legitimate business has'been sub
| iected to much Inconvenience thereby, though the
speculative fraternity have derived corresponding
advantage. Thus far in his career the
| Secretary has exercised his great financial
| abilities in such way as to receive the
| appreciation of the speculative portion Of the
! community rather than the approval of business
| men. The foreign markets have been devoid of ma
| teria feature, money in London ruling easy. The
| Bank of England lost El230O0 during the week.
| though il gained fl00000 yesterday on balance.
| Foreign exchange has been irregular and upset
| somewhat by the temperance of borrowed bills.
| Government bonds have been freely bought by the
| foreign bankers during the week, and this demand
| has kept prices from any material deterioration
| even when other influences were against frmness.
| The State bonds were dull, though Tennessees
were higher. Railroad bonds have been
active. The estimates of the dsburse-
ments between the present time and August,
including May and July interest and dividends on
the National and State debts banks, railway corpo
rations and other concerns, do not fall short OF
Si5OOOOOOO currency. Tho greater portion Of this