New-York tribune., 1878-03-16
Annexed are closing prices to-day:
Bid. Asked.

State bonds now take no rank either in the specu-
latiYc or investment operations Of the Exchange.
The sales to-day were of District of Columbia 365s
at 20. South Carolina bonds April and October, at
so and nOn-fundabe at 2os, and Tennessee Us
new and new series, at 80 Is.
There was not much doing IN city bank stocks.
They continue TO be dull as to demand. and the
prices at which they are offered denote weakened
confidence. The reason of this is apparent. II Is
notI unlikely that the condition of the assets of the
banks may be poorer than the reports to the depart
meut at Washington represent. sales to-day cover
Central National t7) at 90; American Exchange
l6 at l02; Continental l23) at 10, and 1t. Nicho-
las, l50) AT 20.
Railway mortgages with aggregate business
amounting to large figures, were generally firm and
in good demand, with some yielding i'll late trans
actions. There Is nothing new TO report of this
branch Of the market, but the continued demand
for ali snch bonds as ara rated from good TO first
rate, is noteworthy. The bonds of the Western
roads are conspicuous in connection with the bull
movement in the stocks, and the operations In tho
various bonds of the Pacific Coast roads have been
on an extended scale, though to-day, business was
comparatively light, Covering small lot Of Union
Grsis at 1868. and sinking fund 40 %, Central5
were in request at 1064. Frss Of Missouri Pacific
are up to 102, and seconds at 92. The Northwest
gold bonds were at 96li, aud the ST. Paul
varieties were strong, La Crosse Division at
107 Chicago and Milwaukee Division ut lO5i2D
1853, gold Is at 1922. sinking fund at p5Ss AID
cOnSOls were up to 97Sf, aud Chesapeake and ONO
first coupons at 2ll2. There was some demand
Tor Boston, Hartford ana Ere tgst5 at lo+l ~.
Louis. jacksonville and Chicago frsls at 1868;
East Tennessee. Virginia and Georgia iirsis at ~
Missouri Kansas and Texas Consolidated sinking
Fund Assentod at Az, and WinOna and -. Paul
iiIsts ~ Ol. FITs;s OF Burlington and Cedar Rapids
fell 10 67lt Dealings in Othcr bonds were IN small
lots of II 600 each. Business at the boards vas ia
forty-aiX different issues, ag.legating $Zi9.oOes
the sales OF Michigan Central Is were up 10 lOo.
There has not been EIGch m9yoMent in gJld dur
ing tic week, but the price declined from I0ll4 TO
lOO2t lie lowest price since the Gold Exchange was
established From tlat price II has slowly crept up
70 1G1 J.. ssan. on the great strength and aiyance
OF stcuIug. TO-day's sales we've at l0iUlOl 10
loans costing 1, 80 ana ) Dsr cent carrS ing. The
Suh-Iraasury Is paying OFT gold qute freely, aud
the interest payments OF tie next foar months viii
be- .
Ap;l !, on per sas3goo
June l. on 2 per cfnts...........-....... - OOOD
jay /, Va peT 22loOVJo
Totl........ .............. $.5l $4,000
The Sub-Treasury disbursements for the week
were $5s73 interest and $500, 100 called
bonds. inclusive of SG5, Dol and 100000 to-day.
The day busuessOf the gold clearing department Of
the Bank of the state Oi NeW-lOrA covered: told
cleared, Sl6.7290O0 gold balances, 9e26.9j0;
currency baaneeS SS37,7S2. The god quota
tons were as follows to-day:
10 ...........lOl l. ...l0ii 3-.......l0lt
Foreign exchange has been active and strong all
the week and 50 great has b9en the demand for
sterling bills from the importers 10 pay for bonds
imported and TO remit for J20 called and collected,
that the standard drawers have advanced rates sew
cIal times aud thoy are now not much below tho
figures at winch specie can he exported lLc sellln.
rates are on tho basis Ot 81 S5u ~ S1I2 Tor sixty
days' bills, and 81 s7li - s7l2 tor demand 10
. t,. lL'.. "a faSr 4ff