Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-04-11
COMMERCIAL.

! Tn, ra his b,ca very !ij.la activity IN shJ
! bran,.: Il tu.iie.s ,!i:IinE TIC "e:t. mo uhi"
yu.lb.c weather, doubtless, ha'i nH mad s9ihe
thing 70 DO with tho depression. In money ms!
tsrs there is nothing Of special lnterci! 10 note
| Tho banks have sn abundance OF capital lot d.
| ic.itimste business wants, and in lr lasI sIsIs
uel.ts N ako e satisfactory exhibit Inc Ci1iZehs
N,,ia,sl Hank has reduced lis capital stock nom
| Si25 Gee TO SlC0. 600 by unanimous vote OF tne
s.octboIders, Il is considered 8 coregone con.
clusi3l that the city dsb. will be re.olus!ed upon
III. ulsn submitted by iho representatives, OF Inc
borGholdcrs, or with only some slight 'ncolhca'
,iors This consummst;on is dovou!ly 10 be
visited for, as upon q speedy soiut!on OF Ito oil
acuit7 depends, in gvea. degree, iha future
p.o.rcrity Of tho city. 1t Is also considered
ce,,s;D thst the creditors Of the State will accept
,ho nro,osjtion made them for settlement Of
tbc deht and thus remove this bone OF conten.
ton" from tho arena Of politics. and enhance the
value OF ell the material interests OF Virginia.
Money ION tho street" hero is still very scarce,
and III, complaint OF lis scarcity Is yet loud. In
Baltimore, hoWeye-, we noto that the supply OF
loarsb!e funds is very liberal, and the marke:
easy. with olly moderate quantity Oh new
paper making. Call loans on GoVernmen. coll
lstorsl arc quoted ct s per cent, and tlIo loana
on uixei securities st da5. Discounts range
from, a 10 PEE cent, tao inside figure for 1SW
well known nsmes Only. Tho money rnGrEesln
New York 10 also quo!el CASTOR than las! week.
demand loans arc 5.7 per ceIt. with Z per cont
tho ruling rate. On timo loans whc:o tho col
lateral consists Of approved Stock Excaango So
curities, thirty day loans arc per cent, and
sixty dap par cent. Whero the colatcFs! con-
sists OF United States bonds, the rates are 2!s3
Dor con. 70. thirty TO ninety days. Prime mer-
camille psper IS 5.T pc. cenl In tho fhiiaoe''
ptia money market rates remain unchanged,
with the offerings Of paper extremely light.
Government bonds a. New York yesterday were
yoak. with moderate business in all the lssues.
The closing quotations showed decline in now
So, and in the others, except lO-dO', which were
UNCHANGED. A. toe Treasury in Washington
subscriptions 10 tho 4 per cent relundlng coItt'
Gates we're received amounting to 81. 42l. Inc
Nov York Post says that up to this TINA go IA
vorsble hsvo been lhs conditions for taking the
per cont bonds tina! enormous amounts have
been taken on speculation IN ANTICIPATION Oh
investment wants State securities arc sonc.
what more active, and in Baltimore yesterday
there was an active demand fJr Virginia consols.
The sales aggregated abou: s. ).oJ0D a. prices
ranging ST, 81. regular way, and SO, buyer
80. closing SIT bid. Peslers were also stronger,
Sc 90 changing halls a! a. al advance OF !,
per cent. Coupons we're firm and higher, sev-
crsl ,o.s selling .. from 81 20 S. closing 8l2 bid,
g. asked Railroad stocks arc dull. 4 o COM
mon selling s. sGtsS64, closing Sc bid, 81 asked.
The second preferred sold E. $685. and the frs!
preferred Was stronger, closing lO3! bid, lOj
asked. In local shares there has heen nothing
doing: but 80 quota nominally:
Ir;s g. Nanaesps "a ST