New-York tribune., 1883-06-04

coal there is luxury wnicn Is INDUCED In only when
business IL prosperous
Notwithstanding that yesterdays bank statement
made II evident that the receipts of money from
the interior exceeded only a little II any, the
amounts that were sent away, the local money
market worked extremely easy all the week. and
the rates for call loans ruled from 3a to per cent
On Friday about $2 100 00O interest ON the 41a per
cents, was due from the Treasury, and probably
has mostly been paid out. There is still outstand
ing of matured bonds and interest on them the
amount OF Sc, 100000. There were rumors that the
Secretary tomorrow will issue nnety-day call
for S15 5OOOO of 3ia per cents but the Ireasures
statement printed above to indicate that the
rumor must have been unfounded. The foreign ex-
changes ruled strong all the week and rates were
advanced 1 cent for sterling closing for actual
business at 81 ssh and 81 Ss3i for long aud short
bills respectively.
At the Stock Exchange all the markets were quiet
and fat until after the middle of the week. The
specuations in stocks dwindled to such small pro-
portions that on day the transactions amounted
only to 129, 900 shares. Figures generally showed
more or less important declines, ranging from to
per cent-the latter for St. Paul, Minneapolis and
Manitoba. Thursdays business furnished some in
dlcations of a change IN the immediate SITUATION.
Friday witnessed an increase in the local trading
and quite a sharp advance in prices, and yesterday
there further improvement both IN the dealings
and In prices. The movement was surprise 10 tine
short" interest remaining in the MARKET and the
late eager purchases for that account are largely
responsible for the principal part OF yesterdays ad
vance, which made in the last hour of business.
The regular commission houses complain that there
is no improvement in their business, and that orders
to purchase from their old regular customers have
no part parcel in the more active trading OF the
last two days. Delaware, Lackawanna and West
ern. Central of New-Jersey and Union Pacific were
the leaders in the movement and not only marked
the best advances but recorded the largest transac-
tions The advances for the week to be greater
than they are, because the movement started from
points so much lower, than the prices
of week ago. The stocks showing final gains OF
per cent or more IN the prices of Saturday, May 26
are as follows: st. Paul. Rock Island and Lake
Shore each Louisville and Nashville, Missouri
and Pacific. Central and Hudson and Oregon and
Transcontinental each Ia; Wabash preferred and
Western Union each i l2; Omaha and North western
13i; Richmond aud West Point 2; Omaha pre-
ferred. and Michigan Central each 2ls; Canada
Southern. 2A; Reading, rs; Delaware LacKa-
wanna and Western. 2Os; Richmond ana Dapyiile, 1I
3i2 per cent. st. Paul. Minneapolis and Manitoba
shows loss of 1i2 per cent. The business for the
week five days. amounts 10 i,lo4,oZo sharesi
against 1,794347 shares for the preceding tull
week.
Government bonds dull all the way ont but the
quotations show some Improvement; IS, ls; 4s and
l2s each L. and 32s, y per cent IN the BIDS Inc
business in State bonds was small; the Tennessees
were higher. but finally lost part OF the advance.
In railroad bonds the principal business was IN the
low priced speculative issues, like the Atlantic and
Pacific and Texas and Pacific incomes and they gem
orally advanced There was, however continued
good demand for good bonds which are yet selling
low compared with the prices for the older ana
better-k known issues. Among the unlisted bonds
the Central OHIO first. river division Us, have at
tracted some attention at ga 83l2 closing at ga
The following table shows the comparative toh-
mage of -four, grain and provisions taken by the
railroads out of Chicago for last week and the cor
responding weeks OF the preceding Two years: