New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-19
le corresponding datr, Tor the preceding years;

During the calendar week, tn" sub treasury
issued 900 900 gold certificates, making Che totai
issuc of the new Ger ilicItcs S6-,i'000O; % re-
deemed $500 900 legal tender certificates ana Issued
Of the same 10000. Washington advloes show
that Of the l3tu l0ih calls inclusive, there re-
mains abont S7.72l 600 bonds which have not been
presented for payment The next call u20thl for
SD 900. 900 in bonds will mature on May /. Money
wa, in excessive supply all he week for call loans
on sioc collateril- and tine rate seldom was higher
than ptr cent. AID WAS from that down to per
cent There Is lttlr inquiry ir tlmc loans. and rs
little disposition on tie part OF lenders 10 make
them, except cases where the funds are
restricted to Government bonds for collateral;
such loans ruled at 3le per cent. The rates for
mercantile paper are unchanged Oh to per cent?
but Tin, sac Il very slow probably an effort TO
make sales 10y Offering better rates, IN the present
condition of the call loan marset would result IN
curt1ilng Transactions rather than increasing them.
The domestic exchanges on New-York were less
favorable al Chicago ,>Oa75 cents discount and
Boston ~ cents prcmium and more favorable az
Newt orleans being up to - cents premium for
commercial bis.
The foreign exchanges ruled firm, with only
moderate mercantile demand. which srostricted by
the difficulty experienced IN selling mercantile pa
prr. rates averaged tuc gher asst week than for
the preceding week and for business IN bankers
bulls arc istd upon : s31. 81 s3i2 and - s6l4 u
81 SILL resp .ctlVcy for long and short sterling.
As shown above our imports continue large and
make only slightly favorable comparison with
the extraordinary imports of last year; and the
exports are far Snort of the value ~ winch IN soEe
quarters they were estimated. IA To movements
OF securItics they AZ present are small but rather
toward tie country than from 1t. Yet with money
easy In Lordon aud ou the Continent, there prob
l. ft,s tg,t
cial Indebtedness alolg for an indefinite period
ANY strmgcncy there, however would be immedi-
atey felt here by a demand for gold,
Floods violent storms and some large and inn
portant mercantile failures last week served TO
aggravate situation which before was FAR from
satisfactory. Gram and provisions have advanced
sharply since tho last weeks review, and while
the European markets. have followed the al
vances to a certain extent. they nave not done SO
sufficiently to edualzc prices, aud therefore niue
has been done in the export trade neither IL
shall prove tn be true or not, the estimate that II
considerable proportion of our winter wheat crop ~
damag, d has influenced prices more than nave ths
had r,ports concerning the European crOTs which
have been received herc, because 1t If be
loved that Western Europe IL very nearly
supplied with wheat sufficient to last TIL after me
next crop comes in. The cotton movements sui
make favorable comparsons with those OF last year,
but show considerable falling on from the move
Rents of the preceding weeks OF TINS year me ie-
ceipts mt all the ports for the week en'eu ast fF-
DAY were 14G, 1870 bales, against 100 s6s bales Tor
the preceding week aud against ~. OBJ bales for
the same week of 1852. Since september l inc re-
ceipts have been 1 1891 $40 bales against 3o4O2tS
bales the period Of She preceding year nc
exports last week were 1O2,O5l bales against 80
856 Tor tho preceding week, and against o9,9lS
bales for the week of last year. since sop
TENDER l. 1882, the exports nave
amounted to 1882. 7S0 bales against 2,l62'oIo
bales for the same tmo OF the preceding
wear AT date for the years named the stocks OF
cotton in Europe were as follows: 1850, Or, IVA
bales; 1881, I,O07, G54; 1882, LOO ,0Sl ana
| ma ailOat
at the same dates respectively were: Ool, [Oo
bales 100 900 bales, 6SDOO0 bales, 71O,OOO bales
In view of the foregoing statistics ana Oh mo Out-
| look abroad for n demand for cotton manufaclures
il is only reasonable 10 expect that tho export Oh
cotton from this time out will show matcrlal dlm-
| furnished large proportion OF our foreign OK
change. The total exports Tor Precedlng Years
ended August 30 have been: 1871 3,Oio9Vo paies;
1878, 3I6, 700 bales; 1879 3,107, oOo Dales iSoo'
1865, 200 bales 1881. 4,506,270 bales; ann loS-,
| 1895, 031 bales. he iron markets., Dotn io5
| the raw and manufactured, have not yet responded
TO influences which the recent Important FAILURES Ill
the trade must inevitably exert. inc situation Veher-
ally is quoted simply satisfactory, Dut ~ sesihs
TO he impossible 70 prevent the largo STOCKS winch
are held by The failed concerns from being iorced
| upon the market. Two years OF unprecedented
| prosperity has resulted in oveT-pr0ductlon, ana
thar portion of this reproduction III the hands OF
ASST gnees must make the price for the whole until
] production and consumption again are equalized.
| Mr. James NJ Swauk. secretary OF the American
Iron and = eel Association, reports the production
of mig iron In 1881 and 1882 and the quantities u-
sold In the makers hands at the end OF each year, s
| follows: o,,, Nae a
| 1851. 1882; ISL ISL u, lsS ias
| % II.