New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-08-15
he corresponding dates for preceding years:

Dur 81, p,s , '.s',v 1o.14Z,oSo l4is55O e.97OOO0
Notwithstanding the continued depletion of the
banks reserves. the call loan market ruled easy all
the week at 302i2 per cent. except on one day
when late borrowers paid az high as per cent The
rates for time loans. however. tirmer and and
per cent the rates. and Tor commercial
paper the rates also harder. The for
eign exchanges ruled fairly steady at
previous quotations. and with very duI
movement nutil the last day of the week when
rates Tor actual business were 4 z cent weaker for
sterling aud oorrcsponcngly for continentals
The domestic exchanges ON New-Yurk varied little
during tbr whole week the latest quotations at the
places named follows: Savannah pat TO 1,
premium; Charleston. isa L premium; New Orleans
commercial % cents discount hank 81 preuin,n
ST. Louis 40 c-uts discount; Chicago 90 CENTS dis
count Boston par
TheStock EIchan ge markets were * cccflinglv dun
oil the week through. and the recorded transactions
an stocks amount only O55 oOg shares ap.inst
l3oS, |hj shares for the preceding week and
Z'5|95oo shares for tho week preceding that Yet
the week was more than usually egentful and the
events of special interest to stock holders
and to stock spcculatos Runors regarding
n settlement of the railroad war were con
flctmg. hut the main favorable To an
early settlement. The known events bowever
were: Ihc meeting OF Joint Executive Commit
tee Wednesday. at which were present tbirtvtiv.
out OF the torty-thrce railroads that make nm tb.
committee. voted to restore the bound rates In
the basis oi 70 cents for grain from Chicago to New
YORK. and adjourned without further action Mr.
Vanderbilt expressed his ideas of the situation IN n
TRIBUNE reporter III language that was terse and
full OF meaning Mr. Blanchard of the Erie re-
piled to Mr.. Vanderbilt through the same Medium
and the most casual reader could not fail
TO perceive the marked contrast between
Inc statements of the two officials The
telegraph informed the public that Mr. Garrett
OF the Baltimore and Ohio, will also repv To AR
vanderbilt. And finally. the rates on West-bound
Heieht went all to pieces" 81 that the USUALLY
tecueent freight agent says. there are no
rates" As TO Wednesdays meeting, railroad men
generally do not hesitate to say they
nave little faith in anything being accom-,
pIshed by the resolution 80 restore rates. nm
august ~ That is the brief history of the week,s
events But instead of the events and the expressed
opinions oil railroad men having depressing effect
upon lnces, they rather stimulated them. and in
many instances the final prices for stocks last even
ing nov advances on the ast figures of the preced
"s WIN. nc reason Is apparent. Correctly or not
IL Is generally assumed that The war was begun for
speculative purposes, and that the late outspeak;ng
Oh railroad officials indicates a last desnerate ,noy
H'ons 70 pieak prices before early adjournment
u n"Ppy settlement of the whole matter With
ou' inaors-ment. we simply record the fact th.t
"eh ~ the generally entertained opinion and tbat
""e opinion Affected the prices of stocks all last
week. =" ''"ehs al last
WEEKLY RANGE OF PRICES