New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-24

sDehct.
The fair rate for money on call at the Stock Tx
change was . per cent all the week, but there were
daily exceptions of loans at 6 ana as low as per
cent 1t is noteworthy. however that there are
large amounts of call loans still standing at per
cent Time loans are hard to obtain at per cent
and a brokerage During the week the Treasury
paid out 81 COS 900 and accured interest III redemp
ton of bonds, and the Sub-Treasury's payments of
Assay Office checks for gold bullion amounted to
s., $40 900, leaving the Assay Once i'll debt only
about 81 so 900 for bullion deposited before yester
day. Tomorrow the Sub-TTeasury will receive
offers to sell it 50 000of any OF the continued Is,
which will close the Treasurys programme
for purchasing bonds so far as 1t is an
nounced. The Treasury, however. will redeem on
presentation at par and accrued interest any of the
bonds called 90 mature December "a. This last an
nouncement was made Thursday last, but we
have not heard of any bonds being presented yet
In some quarters is believed that all of the called
continued IS that were held by persons likely TO
present them for the sake of obtaining the money
were presented under the first offer to redeem
So 000, 900. The domestic exchanges on New-York
ut some of the other Atlantic cities and interior
points have ruled less unfavOrabe TO the monetary
centre than for some time before. The latest quota
tons at the places named compare with the rates of
a week ago rs follows; Savannah, 4 per cent dis
count to par against 5-1603lG per ceat discount a
week ago; Charleston % discount to par unchanged;
New-Orleans 70 cents discount TO 81 premium. I'M
changed -. Louis par against 30 cents discount !;
Chicago, SOAPS cents discount against 80 cents dis
ccnnt. and Bost unchanged at par. The foreign eX-
changes frmer, but the business continuing
dull the full advance not sustained The closing
rates for actual business about as follows :
Bankers bills, sterling 81 79l2 and - 81 for long
and short bills respectively; francs, 5.2Sls and
5.24as; reichmarks 93ts and 94l2; guilders, 1919
and 1875.
The Stock Exchange markets last week were
less active than they were during the preceding
week although there were some important huctua-
SIS COS 600 offered of the called continued 6s by
the Treasury Department, last Monday, had a slim
Mating effect upon the various markets. and led to
an active business in the exchanging OF continued
6s for continued 5s. Other than for the issues
named Government bonds were duh all the way
out and the final bids for the 4i2s Is per cent
lower than a week ago. The bids for the continued
IS however are ii higher and for the continued 5s
] per cent higher Among State bonds the
feature of the dealings was the continued
strong buying of the Arkansas railroad
the issues TO the Central Railroad, which bonds f0r
some reason do not to be regarded as favoraDy
es are the other issues. The dealings IN railroad
ponds followed the fluctuations of the SHARE mar
ket VI the old investment classes that had come
70 command very high prices the supply IN the mar
Eet Is more than equal TO the demand and the ten
dency Of quotations for them is downward.
1 ne uansactions in stocks at the Stock Exchange
announces to 2,02S 1913 shares for last week. against
Sloio,flS LOT the preceding week The result OF
The weeks business which closed with a sharp
rally, is decline for nearly all of the leading stocks
Oh rom : TO 1 per cent. The noticeable ex-
ceptiohs 10 the rule arc the coal stocks
generally and the Delaware. Lackawanna
SAn "ASiern specially. and Manhattan and Metro