New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-04-17

CANA xyeoL Of 1881 Int nearly the whole OF the
sb;nn,snts ,vere II, corn and oats and by lake
vessels at the low rate of 2i2 cents TO bnna'' ~
marrow tho first boat of the season will leave But
falo by the Erie Canal several being already loaded
at cents for wheat and II cents for corn against
about 7 and Gig cents at the opening last year.
which did not occur until May &. The speculation
in cotton was unsettled early in the week. but later
strengthened and closed the week with gain OF i4@
3-l6 cents The exports for the week show some
improvement preceding weeks and were eve even
larger than for the corresponding week OF 1851
having been 97.77s bales, against s4.365 bales Tor
the preceding week and ~, 402 bales for the cor
responding week of 1881. From September ],
1881 TO date the exports have amounted 70
2SG6 79l bales against 1868 $50 bales for the cor
nj tho end of last week was 2,9496!6
bales, against 1850, 1886 bales at the
end of the preceding week and against 3.O23, IS
bales at the corresponding date OF 1881. Inc
European stocks included above) were ], l4oIo2
bal s. against 1914 9i4 bales the preceding week
and los, 500 bales at the same date last year and
the lantity aoat for Europe nowis o73.OOO bales;
against 81 600 bales year ago OF these 4Vo,ooo
bales now are American, against 6IOOO Dalesa }Sii
ago. In the metal markets the week witnessed
heavy break in the price Of TIN, following
a panic in the London market where
the pnce fell from flO5 los. TO t99 us
IN one day. Iron continues dull and slow Of sale.
but producers are hoping for revival IN tne ue-
ma nd before accumulation OF stocks shai. oIe4h
orr
terms. but quotations S520S53 per ton, against
$6I al the beginning of the year. The anthracite
coal trade remains dull and IN an uisatlsiactSy
the companies will agree TO restrict pro-
duction IN the month of May rather tnah
accept OF prlc's, put parIiai WoIh auuS
largely to The cost pei for the reduced quantity
nroduced The production since January thls
YEAR has been 5,946, 1915 tons, against O,3oO,O0S
tons the corresponding TINE last SdsI be SoSt
interesting occurrence OF the week was lne an
nounced intention of Messrs A. I. Stewart ~ Co. TO
retire from business and close up lhe nrui' fuo
general business is reported slow, and the IRE
9uency of sales effected by important concession Ill
prices is no ed in the trade journals;
Although the transactions at the STOCK Exchange
in stocks last week amounted to 2,S3I 100 shares,
ara;nst 2 $50 900 shares for the five DAYS or the
preceding week. the dealings were attended win
les excitement, and except III few instances the
fluctuations were less important than those OF lhe
preceding week. There was continuous ana gen
orally quiet liquidation. Until FRIDAY there was
a general impression among the traders tnat INC
market had fallen so much That slnaTu
rally in prices ought TO follow; hence average
traders were disposed to purchase rSth amer. b I
90 for profit bus of course operators OF that class
do not hold either for large proht or loss ahd
quickly sell out when the market further declines.
10 buy in again at still lower figures By thursday
afternoon however, a general disgust had taken
Tie place of confidence and the usual sales OF
long stocks were hOerally supplemented
by general selling Tor the short
account That being the. situation,
a few of the larger and long time bears" con-
cludcd 70 take advantage OF 1t and Try their hand
al a rally that should drive out the floating shGrp
interest and leave them without 20 large a follow
ing. The result "a sharp recovery from the low
est prices and one that well sustained until after
midday Saturday, and the creation OF general sen
tlment that the market had turned for at least
three or four dsys. To what extent the larger
bear" have reS0ld it is impossible TO judge. but
il was evident yesterday afternoon that there was
less disposition to stay under prices; and al
though there were no important reactions IN gures,
the snap" had departed and the market was lie
less. notwithstanding the sharp reeoyeries
OF the last two days prices, except III
very few instances, closed materially lower
than week ago. Noteworthy among
tie stocks showing advances is Houston and Texas
which closed with advance OF . Is per cent but
the 10 al sales of il for the week were only LOCO
shares Lake Shore also closed y per cent higher,
Erie - per cent higher Western Union y per cent
higher and Northern Pacific / and the preferred
stock . per cent higher Except III the closing up
of old spcculations operators generally are still
governed more by their opinions OF what leading
spoculatOrs are going TO do land those opinions
change almost as frequently as prices iluctuate
than by the present or prospective situation OF
financial and commercial affairs.
WEEKLY RANGE OF PRICES.