New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-05

hardening without any actual change in quota
tons. The statement of bank averages for the week
shows q large gain excess Of legal reserve. due
mainly, however, to the very large payments Of coin
on account Of interest. The banks now report
1884, 800 specie against 1884,, 900 last week,
and as the Treasury sold on Thursday 81 ,0OO,O
gold, while it kept up liberal disbursements for in
terest the average is probably rising one, and for
little time the banks may make more respectable
appearance in the way of specie than they have done
of late. But in view Of the fact that there
is every probability Of renewal of large shipments,
not only to Europe but to San Francisco for the pay
ment OF wool already purchased I'VE hear that
about $2,OOO,0OO has already gone), it seems not
unlikely that the show Of coin will fast disappear
when the Treasury shall have ceased the payments
for July interest The premium on gold yielded TO
1853 from the pressure Of the large disbursements
by the Treasury; but rallied again to 11740117ls.
1t is to be hoped that these Disbursements with tho
more reasonable rates for borrowing gold which
they have caused to prevail during the week, have
not induced large short interest, for such con-
diton would eventually again demoralize the foreign
exchanges which have only just returned to theirnof
NAL condition with the relaxation of the high rates
which were paid for the of gold at the close of
last week. United States bonds have been firm and
dull on light business In State bonds the prin-
owing to the non-payment of the July coupons and
a recovery to 47s4G47l2 In railway mortgages the
various issues Of the Pacific roads have shown fur
Their improvement in prices, Union Pacific Firsts
selling at 1O3ls ex-interest Land Grants, 1OO and
Sinking Funds, 96l4 the latter being advance Of
2l2 per cent for the week. The share speculation
has been variable and unsettled on q business
amounting TO only little over 900 900 shares,
OF which over 100000 were Lake Shore Western
Union, and Pacific Mail. The exact distribution of
stocks will be found in usual weekly table which
follows. The market opened at the commencement
of the week with considerable strength and ANNA
ton, and weakened somewhat near the
close on some of the leading stocks. The
the week ranging from g to A per cent, viz. Har-
lem, & per cent Central and Hudson Rock Island,
and Cleveland and Pittsburg each Il st. Paul
Common and Hannibal and ST. Joseph, each 3; Mis-
sour Pacific, u; Atlantic and Pacific Telegraph and
Atlantic and Pacific Railroad Preferred, each So;
Consolidation Coal, 7s; Erie !; Ohio and Misss-
sppi, Is; Wabash, Il Northwest Common, 15s;
do Preferred, ia Pacific Mail, 2l2 Lake Shore
and United States Express, each 1. The exceptions
TO the decline were Quicksilver, which advanced Il
per cent Illinois Central 81 st. Paul Preferred l.;
Wells-Fargo, So Union Pacific 1ls; Mariposa, 2as;
Western Union Telegraph, "a, and American Ex-
press, At per cent. The subjoned table shows the
extreme fluctuations in United States bonds, the
leading railway and miscellaneous shares. as well as
gold and the closing quotations of each at the dates
aforementioned, also the number Of shares of each
leading stock sold: