New-York tribune., 1879-11-01

o reduction In the general balance OF
1927 .e23; the total balance now being
S142. 139, 1874 against s147,3e7,707 October "a,
and against S18s 1877, ,000 Friday, September
90 The particular changes Of this week are Cur
rency loss 81 .e33, ,523 coin loss S3,394,400. The
receipts of gold from abroad we're 1892, SD.
There Ia such diversity of opinion about the
amount of currency shipments during the week,
that IL s unusually difficult to forecast the character
of to-morrow's bank statement The hesbpmentsto to the
West continued much beyond their ordinary time,
and exchange on New-York continues to be at a
discount. To-day it is quoted weak at Chicago at
so cents discount, and at st. Louis at 81 30 dis
count. year ago to-day ii was quoted at Chicago
firm at 50075 cents premium and at ST. Louis at
80 cents premium. These changes are not surpris-
ing when il is remembered that the receipts OF
grain, exclusive of -four, this year at four Atlantic
ports, in excess of the receipts of last year. have
placed from So. 900. 900 to $2s,000.000 more to
the credit of the western part OF the country than
did the receipts of last year. Hence instead OF the
return flow of currency, which usually has begnn
before this date. there are continued shipments 10
the West which are overlapping the demand for the
cotton crop. If the disbursements by the Sub-lreas
ury during the week go 227 923l are equal to the
shipments to the interior, the bank statement to-
morrow ought To show gam to the average OF total
reserves.
The stock speculation during the week has been
variable and at times hesltatng. but IT has been
vigorously pushed toward a higher range OF values
The most serious check which the market met Win
was from the action Of the Controller OF
the Currency in regard to over-certidcatlon
OF brokers' checks by National banks. Yet the
prices hardly went down sufficiently for the decline
to be called healthy reaction" although for
day there existed n very unsettled feeling Rut
this was quickly forgotten. and the banks continue
to certify as usual some of them having reduced
the amount Of CONGRATULATIONS abont one-half
and Others having resorted to the practice of
placing funds to the credit of Their customers
the deposit of a note. without security payable
at o'clock. The specula oTs have Laughed at a
tight money market, and prices have made great
advances in the fnce of rates equal T. - per cent
per annnm paid for money with which 10 carry the
securities purchased. The leading features OF the
market Were the coal stocks grangcr>, the Wabash
combination stocks and other trunk line shares ex-
ccpting .rie, which, although II represented me-
fifth of the total Transactions IN stocks
during the week. closed with gain of only
Is per cent at 4Ol2. after having fluctuateh
i per cent between ssh and 42ll. The total for
the week amounts to 2.1JG.97J shares, against
2.G12.i3l shares for the dug week and
2,SO7, ,262 shares for the week preceding
tnat. The final prices, although not equal
TO the best of the week. show important
gains for nearly the entire st. and great coniidruc
Is expressed IN a 'boOning' market next week he
cause of the general belief that after the 1t of NO.
venlber there VIII be IN easier money market.
WEEKLY RANGE on PRICES.