New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-09-06
THIRD CALL-2:30 p. NJ.
FRIDAY. Sept. 5-P. n.

The transactions of the Sub-Treasmy during the
week ending to-day result in gain To its general
cash balance of 81 7S5 224, made mp by an increase
of OIOO2S coin less decrease of 81 233. s04 cur
rency. The changes to-day were a gain of $7O4.31O
currency and 5000, 100 coin total, T1,003410.
The gain of coin for the week is about the amount OF
gold that has been received from abroad during the
same time: but, as nearly the whole OF this weeks
receipts were in either gold bars foreign coins,
the Snb-Treasurys gain of this week represents the
deposits in the Assay Office of last week, rather
than this weeks receipts of gold. The Trcasury's
disbursements of currency during the week do not
amount IL "a sum equal TO the shipments to the nte-
ror which have been made. Therefore. il is prob
able that whatever may be the result to the banks
surplus reserve, to be shown by to-morrow's weekly
statement, the total reserve will be reduced from
that of last weeks report.
In commercial circles tiere has been increased ac-
t;vitv and ms the advances the prospects FOR
large and generally lucrative Autumn business are
improved. The movements of Western products to-
ward the Atlantic sea-board and thence to Europe
have reached dimensions heretofore unprecedented
and Western Europe is being rapidly supplied with
grain and provisions from all parts OF the world
having SURPRISES TO dispose of. London advices Of
August 20 state that the quantity of wheat on
passage t. the United Kingdom on that date
amounted to over 100000 bushels, against
300 900 bushels at the same date of 1873, and
4 500 900 bushels in 1877.
At the Stock Exchange, after some hesitation and
small decline early in the week, the speculation
in shares was active. and upon the whole, buoyant
The business for the week amounted TO liza, 1853
shares. against .15O.1iS shares for the preceding
week The coal stocks particularly active /;
their prices being stimulated by renewed efforts
the part OF Mr. Gowen. of the Reading Company, to
bring about some agreement between the companies
for the limiting Of production and advancing the
prices for coal. BY making the most that was pos
sible of these negotiations which extended through
out the week. the prices of the coal stocks were adj
vanced from the extreme depression from to G
per cent after which the dealings in them
characterized by considerable fevershness and in
final sales the gains ranged from Ia per
cent for Morris and Essex, to Oh per cent for Della
ware and Hudson The transactions in tho coal
stocks amounted TO 30S,000 shares. Among the
trunk line shares the Erie stocks the features
of the week, the common being dealt in to the ex-
tent of 1873 900 shares at prices ranging from "a L.
023l2 to 27os026li the preferred stock at the
same time advancing per cent and later declining
| per cent. Lake Shore was comparatively dull its
price iuctuating within range of ia per cent and
finally closing with loss OF il percent while Mchi-
gan Central gained per cent, Canada Southern q,
and u, u, Z. ana s per CENT vi thc western llSt
Burlington Cedar Rapids and Northern experienced
the greatest amount of fluctuations, its price rising
from 63 10 75 and finally declining to sales at %.
Chicago. st. Paul and Minneapolis after having de-
clined per cent early in the week, advanced 9l4
per cent later losing 1ss per cent of its advance.
The Northwestern and st. Paul common stocks
were comparatively dull in the early part of the
week, bnt later became active and rose to about
the best prices Al which they have sold, although
not maintaining the extreme advance at the close,
the final gains being as follows: st. Paul preferred
l. Notthw est preferred lis, st. Paul common 2os
and Northwest common ga per cent. The South
western railway stocks invariably show an improve
ment the greatest being that OF Kansas Pacific.
which, after advancing - per cent, closed
within Il per cent of its best figure the
total transactions in the stocks amounted to
only Ia 900 shares. The St. Louis and San Francisco
issues show final gains ranging from i2 70 a per
cent, st. Louis and Iron Mountain "A, Missouri,
Kansas and Texas Us, Wabash 2ss st. Louis
Kansas City and Northern 27s and the preferred
stock 80 Der cent. The investment shares We're
dull and neglected, but nevertheless show improve
ments of from 4 TO per cent. except for Illinois
Central which declined 70 per cent. The miscela-
neous stocks generally were inactive but Western
Union, after fucsnating los per cent. closed with
Anal gain OF 70; Atlantic and Pacific Telegraph
2as and American District Telegraph per cent
Among the express stocks American was Il and
United States 2 per cent higherj aud Pacific Mail.