New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-04-09

State bonds continued to be active but the fuctu-
atIons were less violent than during the last two
days. Tennessees were strong and further advanced
10 77LQ77a, and closed up to full figures
after sales Of $9l7 900. South' Carolina non-fund'
ables sold TO the amount Of 900 at from l0
13Q12l4 against 9i2 yesterday. North Carolina 10
special tax IL q but ended at 10. only e bet
ter than Yesterdays closing the sales amountinRn
81. $4,000. Arkansas rs sold at 150l8 and
0s funded at 31G35. Virginia Us de-
ferred sold at 21i2a20a and CONSOLE
dated Is at III. and Georgia Is new at 1l3.
There is some danger that the " boom In Southern
State securities may be carried to too great an ex-
tent. While the Tennessee debt has been fixed by
legislative and executive action on terms and on
the basis that the State hereafter is TO enjoy good
credit because of the prompt payment Of interest on
the new bonds, and while the present prices OF the
old bonds may he regarded low. 1t does not follow
that other states are Immediately going to follow
the example Of Tennessee aud readust their deoN
an satisfactory basis The best that may be hoped
ia that such result will be reached after great de-
lays.
Railroad bonds generally were quiet with SOMA
uumportant yielding OF prices. Bat the INDIANA
bloomington aud Wisconsin incomes were excep1
tons and advanced from S5 to 900Ssi2. Ene
second consols declined from 1921 to l0lA MIS-
souri,. Kansas aud Texas trst consols were hrni ~
lOslaQ lOsos. and seconds rose from e3A 10 $50
Boston, Hartford and Erie lrsts were steady at oot
but Rome. w atertown and 0gdensburg hrsts were on
to s7QS7ls. Chesapeake and Ohio currency interes'
debts were specially weak and fell from On 70 %,
Mobile and Ohio debentures continued active oo'
,vc aasier IN nrce-6rsts down 10 s7ii aud seconds
70 1913, Canada Southern frsts were 4 higher 81
tIoI, ST. Louis aud Iron Mountain hrst incomes
Welded Il TO 05i2, the second incomes being steady
nt So Louisville and Nashville general MORTGAGES
were specially active and strong, advancing 70 ioo'
It. Paul iirsts La Crosse Division, were = hisnee
AT 123 and St Paul and Omaha eonsols q hiRne'
at 1914 Denver and Rio Grande consoIs We"
easer at I14la and Kansas Pacific consCls at Io'.
Tho business of the Sub treasury for the week
ending TO- night includes the rece OF SG,3so'oZ
ana the payment of SI3, 9is ST. resulting IN loss
10 the general balance of 1850 2oI, ana leaving
it at SS4 025. 50S. against S9I,oeo, SUI hpii. :,
Tine particular changes of the week ar, currency
gain of S7S l40, and . coin loss o. SIooo,ofn
These changes should have fayofaois eheet upVdt
to-mOrrow's bank statement unless ino ou.so -
funds has been much larger than the daily report "
the exchanges has warranted. The European steani
ers arrived since yesterday brought II ,oooool ~
gold. Money to-day was IN fair supply AT an.o
per cent with the larger proportion oi the pusnsH,
done at the lower rate. The domesuo
exchanges on New-York are a. las, quoted.
lhc United Staies Treasurer az m vas. tnr re-
drmptIon he customs receipts were S3eV'ooyy33'
and the internal revenue receipts we're S5oV a
Tie Clearing iiouse statement to-day Is a. sou
Exchanges. Sl15, OO7, 6l2; balances. S5ls4,ey''
The transactions the Sub-lreasury c9y n9s
Receipts. S030.S5i payments sZooo,voS'
currency balance. $3595, $500 cola paianoe'
$50. 49, 39. -. %,
.lhe foreign exchanges are frmer and rates lC
sterling today advanced l. cent To tue I, az
tnal business following up. The business, ho"e,os
Is uuIot while rates firm on the OASIS OF ABOUT Nv
3, cent below tho following posted quotations: