New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-03-20

kets are without material change, Makers are
busy on old orders, and consequently purchases can
be made second hand at below schedule prioes
Steel rails, which In December were delivered AZ
sol, are offered at S55. The Engineering and Mniaa
journal reports the anthracite coal trade as fol-
lows:
The demand continues light, and business Is
very quiet buyers apparently pursuing h1nd-to-
mouth policy and succeeding in obtaining ex-
tensive concessions. Thoughtful In
inc trade are beginning TO look with
sohcitude at the gathering signs of over
production in various leading manufacturing
industries which are large consumers of fuel. and It
Is particularly in the New-England States that this
Vehuehcy Is becoming manifest. All Of the cOmpa-
mes are piling up more or less coal. Leading
operators here state confidently that, from the In
formation received by them from the mines there
are no indications Of labor troubles at an early date
and they express enough confidence in the sound
judgment of the miners to believe that for the pres
ent the knowledge Of the latter of the condition Of
the trade will prevent them from making any de-
mands. 1t is conceded that the miners are IN diff
fcult position. and that If the restriction policy
should be found TO be necessary next month an ad-
vance ought 10 be granted. Prom present aspects
it seems that the companies will have 10 agree upon
reduction Of the output for some time to come.
They do not now expect any inconvenience from q
cessation OF work by the miners, and sOine would
even hail such move with some satisfaction"
The business in general merchandise is somewhat
interrupted by the tremendous floods at the South
west but that fact alone does not satisfactorily ac-
count for the slow movement toward other sections.
The s,ereotyped terms applied TO al the mer-
chandse markets are: Quiet but generally scady"i
sales small but prices steady" Dry goods for i'm
4 st.,
factOTiiv active.
Last week will be long remembered at the Stock
Xehange as week that was prolific of surprising
and even startling events The market opened
depressed. Almost every one was anxious TO sell
and to secure a good contract for the sales made.
There vas a steady absorption OF the
iers and later steadied the market; Soon u
became known that Jay Goud had cxhib-
tied TO certain gentlemen shares in his possession
after that the heavy purchases of the morning
traced 70 the gentlemen " no had seen the seeuIi-
ties. Whatever danger of panic there may have
been was turned aside. Sellers of both long" and
"shOrp stocks were anxious 10 recover their posi-
tons, and prices began to adyance-at hrst
Tr9sqy y;nted IN hgF 1t Mr. o ~ 1d3:
derbilt and other leading railroad men. the ehect or
which was to restore confidence We have
stated briefly the causes that Influenced
the stock market last week, and which advanced
prices from 10 II per cent above the lowest figures
OF Monday morning. The notably active stocks Of
lue week NcIc iCSuFtI INIO Nili'H lNo
from 52la 10 COS a 59la; Missouri Pacific, which
rose from s. 10 9734097ls; Central of New-Jer.ey,
Which rose from "A to $685. s47s Western Union,
which rose from 7Gl2, dividend on, to STA ,34 ex
dividends Texas and Pacific which rose from 34As 10
ABS; St. Paul which rose from lOs Il to pa 1896
Louisville and Nashville, which rose from 709s 10
7G3i a 750s; Lake shore, which rose from II / to
1862 a l16l2; Delaware, Lackawanna and Western
which rose from ll6l2 TO 3l2G l22li, and Read
ing winch rose from 51l2 to 6ll20603s. In the last
hours of the last day there were some reactions
more less Importation reazations, but tie
market closed firm with general confidence N
higher values.
WEEKLY RANGE OBJ PRICES.