New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-06-12

changing character
to Government promises-are attracting ro,ca nf
to the possibilities that may follow COZ .,ant 81
the present liberal policy IN REGARD ~ S Taasnrer
nnd q, honds To secure new bank-note circula-
ton 1876 900 less than the amount OF suen
that withdrawn, ana sne amour az National
hank notes was increased to S34. $4,000, after
the retirement during the week OF about S6Oo
ter;oI changes At the West New-York funds were
easier and at the East they were trmer The foreign
exchanges ruled duh but rates were firm all the way
out The business done required the shlphlent Vi
- 274 so gold besides $272, 300 IN silver
There is no change IN the commercial and mercan-
tile situation from what II was week ago. In so'9
instances there have been partial arrangements OF
the labor difficulties, but not TO an extent that
affects the general situation nor more than o1Scts
outbreaks IN other localities and trades.
The grain and produce speculations have
made further developments and there is little ques,
ton that for the immediate future the cques hoid
supreme control Prices, however. have been irreg-
ular and at times they seemed to be absolutely
interest and has been followed Ivy higher prices
still In the meantime there has been some improve
ment in the prospects for the winter wheat crop OF
spring wheat little is known yet and comparatively
little corn is above ground in the great belt that
usually supplies the largest quantities OF that crop
While the week has materially improved the beiore
dubious prospects of our own crops the reports from
Administrators Russia and lndIa-never were more
promising of a very large yield in those countries.
cotton from all the ports last week were
81 1876 bales, against 30 $40 bales for the preceug
week and 81. 676 bales for the same week OF 1851
Since September l, 1851 the exports were 3,Zofoot
bales against - $3.50 bales Tor the same time Oh
the preceding year. Yet, notwithstanding mat our
exports for the season have been nearly l,ooOOVO
bales less than for the corresponding time Oh the
previous season, the European stocks OF cotton AT
date are only lS.0o0 bales less than they were AZ
fhe same date in 1881, being now 1,29i,O2 bales
against 1912. 100 bales year ago.. This IS eXc
planned by the following: The total quantity on
cotton now atOat for European ports is ool,ooo
bales. against 696,OOO bales "a year ago
now there are 177,OOO bales OF American ana
$4,000 bales from otner Gonn'reS; ner$Sc en
and sol 900 bales from other countries. Contrary
TO general expectations the Eastern Pennsylvania
iron interest has received no stimulus Iyn 1nc
labor troubles of its Western neIghbOrs. For an
thracite coal. however. there is noticed niue
better demand which Is explained by ne
Eaqiaeerinq and Mining Journal, as follows: ne
general uneasIuess OF labor throughout me country,
and the well-knOwn and acknowledged iac; 'htC
the miners of the anthracite regions nave hid hali
time work only for many nOnlhS seems 10 nay
created feeling among many prudent men III nc
trade that 1t safe to lay IN n little coal AT inc
present time. There Is nothing tanRlpie 10 p p
any apprehension of impending troubles on: FAR
sighted men however, BEGIN 10 argue that 1t is only
a question of time when the miners OF the antnrl-
cIte regions Will demand better wages, ana lney
fear that the figures may easily De paced 50 nlEn
that a strike may be the result. This feehug IL
seems finds expression in little better demand LOT
coal and i'll a i ghtly higher range OF prices
Except that there one important 1allure an
nonuced during the week and rumors OF Other
tronbles among Board members were IN circulation,
last week at the Stock Exchange was not different
from the several preceding weeks Inc markets
were about irregular as usual as frequently strong
rs weak and win the result that at the emu theTe Is
ahont the usual average decline III prices WIN mere
and there the exceptional fractional advance. 10
al of which there is meaning, ana very niue sat
jsfaction for the SPECTATORS VINO sim continue 10
Dlav the game. The scarcity OF the Nahderpnt
stocks Tor delivery was special feature OF lne
week and one which led to a more active tfadihg III
Them because the scarcity was supposed 10 lHuc"le
a large short interest that might De leo 10 cover
af n loss The small advance III the price OF stocks,
however does not indicate - short interest tiiat
is to he easily frightened aud II may happen thdt
the scarcity IS made Tor the purpose OF encOuTagh
a general buying. Another feature OF the week Was
the sncclal weakness shown by such stocks rs
Huntsville and Nashville, Denver and Rlo Grande,
Union Pacific the Northern Pacihcs, the aDashes'
and AT tunes by the coal stocks. The TACT thdt me
earnings for the last two weeks III May generally
wrre discouragng had little effect upon the naIAct
although perhaps to that was due the decline
in 81 Paul common. The lOw-pnce fancles suffered
whenever anv attempt was made TO sell tnenl ior
instance Mobile and Ohio fell IRON - TO i and re-
| covered only 10 1874. The week closed with the
/ market unsettled and operators less disposed 10
| make ventures on the crOD prospects alone IMAM
! they have been heretofore. something more II
neeJed 20 restore the market TO healthy CONDITION
than that class of buying which only purchases Ior
a oulck Iuru of the fraction Oi per cent
WEEKLY RANCE OF PRICES.