New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-12-11

ders-%5. 81 900 more than the sum held year ago.
The loans are $40 SOD less than ' thnt
and the deposits are 80 72l 800 less; so tnat
the reserve required by the % per cent rule now
1890 325 less than II was year ago. Anu AMAZE rnt
reserve now snOws surplus OF 80. lO32oU hsaiof
deficit of 1861 975 then. and the propor,o cent nj
total reserve now Is 20 81, against Z4.oo poi O
at the same date OF ISL. ~ ..,orts at
The following are the totals o. the s ta'ellom' "
the corresponding date for the preceding years
.s7s5 s5s sses 800 st!5sSSS
3GSs$SSS s55SSs s5sgSSS 2sSstSS
rSS Ts::sys S 55s5$cS g
The large disbursements by the SUP. ,aSth ON
oyer ~ ~ ooSoation of demand from the IN
aeroT for crop purposes reflected in the money
market by easier rates ana ea can at 594 per cent
with occasional exceptions NJ p pr oiso moved
low as 81 per cent. Commercial pager n.Sg bn best
more e"I, nrna a. the week the Sub-Treasury re-
Iermed 81 .6o3. $50 bonds, making total OF $50,
10th calls and of uncalled bonds. The tVtal
issue OF new gold certificates mas
reached the sur of S42,25o The domestic
exchanges on New-York have ruicd sleady d. un
changed quotations; bu the small movement ~
money shows that the quoted rates are 10 great
extent only nominal The bank res rves have now
grown 10 such proportion. that un ess there snail ne
an active movement of the crops twhch now seems
unlikely to occur, the prospec's ioi t Ih"oS
usually promising But q statement OF the actual
condition Of the United States Treasury AT TINS dale
PROBABLY would raise the question, IL the easy COZ
dItIOn OF the market had not Deen secureu Nv .ho
ASSUMPTION OF unwarran able drafts upon the
treasury reserves. The foreign exchanges shoWeu
some Improvement with the easier WORSHIP W on1
money market, but the business done was small
The commercial situation does not improve.
Western producers still holding back their crops
yet prices for Dreadstuis III all the marheIs u tno
world are barely steady, and corn at Liyerpool de
clned lid per quarter last week. M ioo S pn
at Chicago and Milwaukee last week oI . an
grains we're about 100000 bushels greater
than for the pr ceding week. and that gram was
made up of barley, two producls thtV
make unmpOrtant items III our e&pOrlS' INC is'o
ern movement from the points named was sihalol
than for the preceding week. he COTTON move
ment, however continues to make laVoraol9 com,
PARSONS with r the ,.oo movements an ali the
ports last weak were 247 0l7 bales, agalns Zoo,9it
bales Tor tie week of 1851, and since SepIe,nnDet[
l. this year. they have amounted 10 Z,o 80 "a
bales against 2,5S4, O5S bales foe the same time IN
1881 he exports from all the ports last week
were 1860 bales, against lZ9too DalJs ,oi 'mo
week OF 1851 and since September theS l ave
amounted 10 1,541,o7S. against i,loo,oZo
oales i'll the same time OF 1881; Inc depression
IN He IRON trade mas mae the trade
The Engineering and HtHtaG journal tryS W IaAs -
cheerful view. IL says:
The anthracite GOA trade which was dull during tho
week review, startled Dy the announcement
that the Pennsylvania Coal Company woul9 tnls year
not only pursue its usual policy OF Ioouclns
NewoIrg TO Weehawken but That these figures would
be lower TINS year WHAT the figures wil DC Is not Or
ny lat contractors prces Will De 80 80 Tor CRATE
So 90 and - 80 for stove and CHESTNUT ana tat
ment somewhat upset the trade, lot aItnousH
such pr.ces may nave been tue OASIS Oi prINate
contracts, they have certainly not been given
publicity. The Individual operators par cd-
ioIow sit Tue ranles viii not, SO as we eau
learn, Tor the present, ieduo" prices lucy WIN stVP
their during holiday week from December 70
to January 2, ANA possibly Tor the addlOndl week II
jas say that the position Is by no means al unIdVOr
aUle one; the market Is MOI iu'y eupPuou WIN soNo
and and tneIe IS almost scarcity Oh iree-D1n
ins GOALS while Lenigh Goals are more abundant. Inc
fair therefore, TAX goomy view o. sne situation:
For present o. course buyers are holding Oh TO see
what the OUTCOME VIII he.
The took Exchange markets last week were less
active tnaI either % tine preceding weeks, al
thou ia they were none the less Interesting. Gov
eminent DOnns were steady ali The way out under
t!c usual holiday demand iOr an investment That
is uo subject TO UdxdiDn: The hnai bids SHOW adj
vances irOm those of a wcen ago as tOnOws: Is, y
per cent; li2s, IS per cent IS, per cent ana 3l2s,
is ,er cent Inc market for state bonds presented
40 special iea urcs, except weakness for the EN-
ne>sue Issue but tAvy made partial TecOFefleS be-
fore III close. Railroad bonds were dun through
out bat wee some movements III prices 81 M
pathetic WITH the wary lug fortunes
of the share specu alton. In stocks the
TRANSACTIONS of the week amounted to 2,l71,958
shares against 3,O22 IL shares Tor the preceding
week (nve days. and a2aInst A. l4',4OZ shares LOT
the week preceding tnat. 10 "A great extent, the
specuia, IOu WAS htltlng and waiting one. Aside
from he SD cu!atIOn IN granger there
a cOmbIna. ION of SIP -CuIatiVe Interests to favor
higher range of values aud the idea was pretty
well inculcated that irT speciiTe OF the movement
OF the Northwestern speculation there was 10 be- a
strong ana TagIG advdnCc Ia prices beyond DOUBT
the effort was made and II received the support OF
large majority OF average traders. Later II came
to be morally bencved that thu railro ri war OF
the NOf, Invest In far way for dement, and
the slocso OF the warrlne comp MICS took the lead
III s.ch advances as we're maze. But as 1t proved,
the market was too limited to hold the advance and
/ the end OF thc week what lite stIen Ith there
tXlUl, Tor the grdugeTs, aud they, exc pit
the Oma IiS were not >trOnE. Yet the hnai prices
generally snow nlat'raI "a ms on The prices OF last
week. Ii seems that the con erences of the North
Tor III immediate settlement of the war. The terri
toTIa, QUESTION, as we are Informed, an lrremOv
able obstacle to an agreement. let that
question is very much like
dead issue. TIE newly CONSTRUCTED branches
and extensions have been the cause OF the trouble
and they are not going TO be removed. They VIII
stay 10 cause fuC trouble. however the present
more branches or EXCLUSIONS Will be made IN the I'M
mediate future, certainly not 30 long as the bond
marAet, remains in its present condition.
Any argument as TO future construction or DIVISION
OF territory, however binding it ght he upon the
present TectOrle, would have no force with future
ones. SO far a. he stock speculation rs concerned,
the trouble with 1t is ha the circle OF operators Is
money have been lost daring the recent decline and
many spectators have been compelled TO retire.
New operators nave not yet appeared TO fill the
vacuum Whether there will he an accession 10 the
speculative ranks, before there Is change III the
commercial and mercantile outlook, is the question
among Stock Exchange brokers.
WEEKLY RANGE PRICES.