New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-04-06
OFFICIAL REPORT N. T. MTNTyG STOCK EA
CHANGE SALES. APRIL 5. 1873.
sEcONp BoARD--I "CLocE p. v
THIRD BOARD-2:3O z. N.
Cashier
American Flag
FRIDAY, Apr: 5-P. N.

FRIDAY, Apr; 5-P.
In financial circles, a prominent feature uf the
week ending to-day has been the prolonged activity
in money, causing the rates on call loans 70 range
from 7 per cent to Z and bonus of l32 per diem.
Even with Government bonds as collateral the rates
have been at from 70 : per cent. This may he
counted for by an unusual boarding Of currency bv
savings banks and by the large importation of Gov
eminent bonds good portion of which is believed
to DE held still by Wall Street SPECTATORS The
usual sum of currency which is boarded by savings
banks is likely to find ITS way back into the ordi-
nary channels soon as the managers deem il safe
70 return to their usual balances, and III fact the
existing rates for money a constant temptation
TO release it. The money loaned on Govern" ent
bonds viii be released just fast investors may
purchase ahead of the current Of importatiOns.
In stock circles the week has proved to be an
eventful one. The total transactions have been
1,02s. 663 shares. The GRANGER stocks have con
tinued to he the aIng features of the speculation,
with q race for supremacy between the common
stocks Of the Northwest and St. Paul Compa"ies.
In point of number of shares bought and sold, the
Northwest stock was successful having recorded
l6J 22J shares, AGAINST its competitors 1i9761
by the final sales. the two stocks are on an
cquality-each having gained 39i per cent.
The preferred stocks OF these roads were
much less active, yet Northwest preferred
closes nj an advance of 81 and ST. Paul preferred
gains y per cent. The other Western stocks, Chi-
CagO and Rock Island. Chicago, burlington and
QunCy, and Chicago and Alton only began 10 ut
tract attention late in the week, but after reac-
ton from best prices, show gam of from L 10 l3l
per cent. Burlington and Cedar Raprs. VII On
/ last week fayurite, has been dun, ana de-
co.'s 10 GSaGsls.
OF tie trunk Inc shares, Michigan Central makes
the best show for the wcrk-On the declaration of q
. per cent dividend. IL sold from 6l3i up To G9as
aGsl2. Lake Shore has been fcvcrish, but finally
rose to 81 and closes GGls which Us per cent
better than one week ago NewlOTk Central and
Hudson was dull all the way through, bat sold up
to 1917 "a lO7, after selling at 100 early
. in tie week. Eric has only HuDtUatnd y
per cent, aud the trading uuImportant;
Wabash feature, and toward The gnd
became Ty active. gaining 2'S per cent On maj sales
after reaction Of Il per cent from best prc"- OIlo
and Mississippi was largely traded IN between ST ana
1Oa95s II Is anticipated that the different inter SIS
i'm this company will bo alb e t. COmpTurl.c upon
reconstruction scheme which Will Ice saii~tuCt ry 10
al parties. But the meeting for that pm pose winch
was have been held to-day, posi- pOucd O. some
day next week, because al the inabiniy OF certain
prominent persons to be present to-day.
The coal stocks this week did not sell aS high ~
during last week. althuUgi fair amount Of husl-
ueS, was done Iu them. The dizziness of the coal
trade even with the Hglt OUTPUT thus This year,
j. serious drawback TO the ,anguine cApcc-
t.;ions expressed ten days ago. Delaware, La,Aa-
wanna aud Western ha- iiuCiuutrd Wllblu per cent
aud closed NJ a decline of r. per ccut Morris
and E--rN decn.d2ls per cent u.u recovered u.
and Della arc and Hudson sold 40 JJga1J % a.
he trading trutrHi ot Ncw-Jrr-ry v.r- sn % 90
{ l7I!dlGI4Gl7 Western Union only bera g
pruulu ut late iu The week. when a. rose O. SIS,
closing at S2a au advance ui 3'2 per cent Ia.ihc
Mail was active, on iHr sUppneiipu th1t lh'Ie u.s. 0
be "a sharp contest for the election OF directions; bul
~ rr tie price had risen 60 Dob o. settled back io
/ gUat The express stocks were TRACED Iu to about
the usual extent. but without maternal changes lu
/ prices.