New-York tribune., 1873-05-05
O'CLOCK P. NJ. TO CLOSE OF BUsI-
NESS. 8 O'CLOCK z. NJ.
SATURDAY, May 3-P. n.


The general trade of the city during the week has
not been as satisfactory as might have Deen DESIRED
the anticipated improvement in the leading staples
nor having been realized. While breadstufs have
been declining. groceries have maintained fair quo
tations. Ocean freights were depressed. more
favorable trade has been driven in dry
goods and good many buyers have
appeared in the market. Cotton has been quiet but
firm as rule closing on the basis OF ls cents for Low
Nliddlincs. The receipts at all the ports for the
week were 0i6 bales, against 4G373 the previous
week. and 945 bales for the week ending April IL
Tho total receipts for the expired portion OF the cot
ton wear are 325O17O bales, against 25o,2t9 same
trne nrevous wear an increase of 4,9Ol bales Inc
evports for the week were 59622 bales against
20 C22 n wear acO-an increase of 5000 bales. Inc
total stocks on hand 4l943S bales, against %oo'
Lales q vear ago--an increase Of l605O bales Inc
total stocks in the interior towns are SO0o Da'es
The total quantity o. cotton in sight amounts u
50l DIS bales against 259,iG2 same time III lo'1-N
increase that year over last OF lll,'3o Dales'
In financial circles the week has been character
lied by no special feature until to-day, ana Ia SUM-
ming uD briefly may STATE tlat sto'A' "eIe io'o
is and at the close sold lower, ENcnauSe 1eihoiai
iz. and Government bonds lower, al more or less
+he die .. or secondary result of actye money. Ihe
rordo, markets were also quiet the Bank OF In
,Jocl rates NJ discount undergoing no change from
tbe rase of per cent established few weeks
oco tbe bullion in the bank decreases
60 noo sterling. Tho Bank Of France gained
8oO0OOJ fraacs Consequent upon tins qhe'
state of affairs our own markets nave no' ueeH
influenced by foreign quotations. The local money
money market seems nearer to easy rates YUAN
month ago, and derived, indeed new eA''cHi'u'
and activity from the bursting up Oi the A'l".i"S
Banl and the rumOrs put IN circulation r's"'u"'e
the solvency OF other city banks Oi co"'So , 'n,
sori., tonded and were intended TO create dis.rl'
and want Of financial confidence Wnlch "'' ~
oor nar,ly allayed near the close by the utJeIdu.c
ON the part Of the Clearinghouse Committee % 'Io
sonndne,s Of the institutions in question 20 INC
charges for money today were ON the NHo.o "'ro-
loss cxcee,iye. though on Wednesday, ln'I'""y,
and = mart of Friday rs much as quarter per ov"'
bonrs had been paid. the rates of Monday ana i"'s
d boing from -C4 aud interest % lilo and hlte''S"
With some business doing all The way through p'I
ticrl,rly ON hypothecateG Goycroment se'uil''''' -
,,oId interest. The situation has been agsia'~.0u
10 tho heayy calling In of loans by some OF lLe c'S
ho,bs. and notably the Broadway the Ci'y Depo'l
toryl which curtailed its ACCOMMODATIONS 10 'N'
,.pt of inward If two millions, though L1ct
Nursing - gOOOOO on city revenue bondS' iN's N
bo,dlv found its way into tho street ye'' nor ~ n''
otber disbursements incidental to tho hrSto ol ny
In view Of the heavy currency receipts here ouI'ns
the past two or three weeks averaging not % i yor ,
sICcCoo per day. and which ought to tel IA i,Vs So,
~ low rates, tho excrbltant charges '"'' -,
Ia.n demanded and paid, in connecting WI"
the 1 usual ease of money after eank rnsont n1u
renders the fact Of lookup al the in''e and
The gold speculation has not been inIeiS,'7 roint
tbe price has gradually fallen back near lii,
from li7l to liC', the docline beng 'bIe 10
sales OF long gold, whenever the n'"'s'' Ins down.
take IL without breaking 100 soveieh'