New-York tribune., 1882-02-13

ercss is renorted in the arranging of the difficulties
between the trunk line railways the Advisory
Commission has been formed and VIII hold
its first session tomorrow, bnt beyond an
advance in The passenger rates nothing has yet
been accomplished II hcng an open secret that the
bulk cf tie freight business continues TO be done.
and must continue To be done till July l. at the
low rates that are guaTa teed by existing contracts
Exert Ter that facI, New-1ork merchants now
wOUld be rc~tive under the determinations against
this ,ity, which The present partial agreement
.ri1ts as il is represented by tie nominal
echrius of rates for frcighis.
III. financial situation abroad was less factor IN
our 10, al market. last week, supply because there
shipments O sp 81" by IN Iil'i-Werk SteAnl-
ers The Bank Of England reported gain Of specie
for the week ended " dncsGay, oftl290OO, which
probably was the result Of extraordinary eiOT 9 10
re ellcnsh he reserves, which duI1"g the week he
Tor down to 81 Is pr cent of the liabilities
Thursday against f4l2 per cent the same
date ast year. So long as the reserves of the bank
a:e below 40 per cent il viii be Idle 20 look tC II
for sLy expansion Of credits. On the Continent the
markets AT the Bonrses were fiuctuating, az they
naturally should be after the passing Of settling
day affair rcuai1 unsettled, ana the lquiIdAtloh
at our stock Exchange ruled easy all the
week AT between and g per cent, per cent beng
the general rate. ll"e loans are hTln at per cent
and commercial paper of tht best class was negO-
tated at 5l2a6 per cent There is little or u" ex-
pectaton that Congress will PASS any retundlug
bill or enact any law changing the relations OF the
banks " b the treasury 80 the discuss"! ol NOSE
subjects Is not yet dis urbing element III ne money
markets. The domestic exchanges tdfIN III ulc
week ruled against New-iOrk at the West but laier
they were less uhfavorahle. The latest quota
tons at the places named are as iolo~s:
Savannah, lsG3s premium; Charleston, par
TO /. premium New-Orlcans, 9lG@2 pre-
minm; ST. Louis. par; Chicago. 20 cents dis
count and Boston, t2l2 cents premium. ihe Tor
eig exchanges in the main Re irIa, but there was
decline in sight sterling TO ~ 80 anG ~ s9h
eurIy in ne week. so thar no gold was shipped by
either TUESDAYS or Wednesday, steamers, but later
the rates again advanced, and yesterday were at
their highest being, or actual transat tons, as
follows. Bankers bills, "A SAL and - 80 for
long and short sterling, respectively: francs 3i2't
and 5lS7s reichmaTks, 94"s and $685. ana gullders,
4Ols ana 403i.
AT The stock Exchangc the general situation of
the specula ion was unchanged during last week
The business was small. amounting only to
1870 772 shares against 2,337 900 shares for the
preceding week and 2752,O00 shares for the week
preceding that. There was about the usua! number
Of fluctuations, but barring Louisville and Nash
vile and c. O. and I. C. stocks, which declined 81
Manhattan Sin Elevated, which was g per
cent and the Richmond and Danvlle
which made large advances, the final changes IN
either direction were small and insignificant he
apparent strength of the market, however, was the
subject of comment. OF the dealings In special
stocks there is nothing TO add TO what has been re-
ported daily and of the general market 1t may
be said that il is one OF hope and expectancy
WEEKLY RANGE OF PRICES.