New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-03-10
NEW work DAILY TRIBUNE MONDAY. MARCH TO- 1873
SATURDAY, March 8-P. N.

1ayed by the cod and uncom1ortapie "o"s
that very little has been done IN the genera ''a"
of the city during the week. Breadstuns nave i''
rather an improving tendency under better ship
ming inquiry while Groceries the whole have been
stagnant. The movement in Dry Goods has also been
DELAYED by the continued cold weather, though asuc-
csson of such days as marked the close OF the week
would doubtless materially improve the spnng
nrosnects Cotton has been unsettled, with a de.
cline in low grades prices closing on the OASIS vi
1ql cents for low middings. The receipts NJ all tno
norris were S23O7 bales, against lO5,52S last week.
100 1853 the previous week, and 12O52 Tor the "ceh
ending Feb. IA. The total receipts since Sept. j.
1872 were 279S 16i bales, against e same tlho
Tho novious wear an increase Of 6O5337 bales. The
total exports to date are 1,69C,To bales, agans.
I 761G6 same time previous year, an increase VI
314 5GO bales The weekly exports amounted 70
70 539 bales The total stocks on hand amount 10
SIS 49i against 490495 same time last year. an III
crease Of 800 bales The total stocks in the in
terror towns are 10000 bales an increase OF 1871
bales over the stocks last year. The total quantity
Of cotton in sight amounts to 24l7co2 bales'
against S2i last year, decrease of 1892 bales
Persistent stringency in money has been the chief
feature in Wa-st during the week, and at times call
loans have commanded as much quarter per cent
honus OF % per cent per annum. eighth and inter-
est having been of such frequent occurrence as 10
axcite no comment. The call of the Controller OF
the currency for statement Of the condition OF the
national banks on the 18th ult. has had no percept
BILE effect in ameorating the situation OF Dorro"eS
who have paid, as a rule, from thrty-second 10
| sixteenth and interest, having more frequently
| maid above than below these rates. How long
| this condition of monetary affairs may
continue will depend somewhat upon the operations
Of powerful cques formed for the purpose OF control
| ling the money market, and somewhat, perhaps
nnon Mr.. Boutwelrs financial freaks concerning the
issue of more greenbacks What he VIII 90 id the
premises the public will know when his determine
tion transpires. 1t is only to be hoped that we may
not see repetition of the favortism shown to Gov
pets on the occasion of the issue OF five or
s;y millions last Autumn, just before the Pennsyi
yania election. =,
The strength of the bull clique in gold is
demonstrated by the fact that the specr-
lation in that commodity is running
against natural causes. The premium is now higher
than at any time since January, 1872 and 1T is clearly
artificially high The range of the week has been
1149 and Ill., the higher price ruling at the close
The alleged basis of this advance is the smaller
amount of available gold than last year; but giving
this fact It's full weight the present price Is unreasoh
able and il is patent TO all that gold left to Its natu-
raj course would gravItate toward lower prices
The foreign exchanges are demorallzed'
and that market is glutted with bills,
both of cotton and those drawn against the
expectation Of bonds. The drawers of exchange
however are wisely cutting off the lending system
finding il don't pay to have their credits hawked
abont the street after the of licensed vend-
OILS of cabbages and other garden sass" 30 utter
has been the Generalization that prime % days ser
ling has been accessible low as 1913 and sight at
1881 The foreign situation has not been calculated
70 keen gold up, securities having ruled in the
main steady, and money below 81 per
cent, the rate at the Bank OF England
which lost in gold f1sSOO0 during the week. Our
importatons, though large, are not on scale to
Justify the advance in the premium. The clique
seeming doubtful of their ability to dispose of their
recent purchases of gold at profit, apparently seem
disposed to make their profit out of the needs of
borrowers and higher consideration for the use OF
cold is said to be on the programme for next week.
though in the opinion Of shrewd financial gentle
men, in view of the low rulings of exchange the i'm
portation of gold from Europe would not be cause
for establishment Government bonds have been
strong during the week. and though the severity OF
money has occasioned some sales, the investment
orders in the market sufficient to take these
offerings without any perceptbe decline in prices
There has been nothing new IN railway or Southern
State bonds.
the whole showing great irTegularty alternate ups
and downs marking the leading shares. No settled
movement seems to have been determined upon, and
n sort of guerilla warfare has marked the course OF
contestants in the speculative arena, the leading
spirits of the street apparently keeping their
lights concealed under a bushel. The stock
upon which the future speculation VIII turn, Is
thought TO be Western Union Telegraph, and there
seems to be persisting endeavor to hammer 1t down.
though as often it goes of to certain figure up
lump number of buyers, who in their anxiety to
obtain the stock at something near what they
imagine the bottom continue to carry back the price
again to the point of departure. And so the game is
repeated day after day, though we do not
infer that the time has come for the
heavy operators to take hold in earnest,
and we look for another shake up" before the good
time comes. New-York Central is apparently going
into very strong hands. who appear confident of
high figures-some say 15O-during the Summer.
What on Lake Shore has kept pretty strong on the
uncovered line of shorts put out when the control of
valuable feeder, c. c. c. and l., was known to have
gone into the hands of the Erie Atlantic and Great
Western ring. On the story of doublng-up pro-
cess and the favorable outlook of Albany legisa-
tion. Harlem has dazzled the street by a rapid
run ND to 139, flight of ~ or - points.
Panama has moved up to 12O., while
c.. C.. and ]. c. has been active on the point OF
something in the wind" though what it is the
knowing ones don't say. OF the rest of the list
nothing need be said; the weekly comparative table
below speaks for itself
The market to-day has displayed no special fea-
ture, and the various leading shares have been
marked by alternate advances and declines, though
at no time was there any settled course
TO the trade. An early report that Commo-
dore Vanderbilt had been thrown from his
carriage Yesterday was made the occasion for
some strong orders to bolster up New-York Central