New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-05

During The calendar week the Sub-Trcasury re-
deemed : 3Os, no OF bonds embraced in the 10Th
call There was fur her Issue of ~, 400 900 of the
new gold certificates, making the total issue at
date SCI $50, 900 andhcposits Of ega-tcnder notes
10 the amount OF $2jO000 were received in ex-
change tor certificates of deposits The Sec
rctary of the Treasury issued the 120th call
for SI5,OOOOOO Of continued go per cents to
mature, aud interest 20 ceas' on May l. The call
was a surprise to che financial community. not so
much because II was contrary TO what before had
been accepted "a Outglyirg' of the Treasury De-
partment on that subject but because 1t generally
is believed that the current RECIPES from customs
and internal revenue during the next three months
will not prove 10 be than sufficient to restore
the Treasury reserves to safe condition Evil
IDENTIFY tn, Secretarys estimate of the probabilities
arc not in accord with those of other tuaucicrs and
merchants During the year ended February the
gold held by the Treasury In excess of
outs andmg certificates was reduced from
St599725 Gs to Sl25,6is, 1914, and the
stock of silver dollars Ql2l3 grains in
excess of outstanding certificates was increased from
SiO.SsI.OIO to $4,000, l40-a decrease of
S3l 32I3 7l in gold and an increase of SIS POS, 100
in egal-tonder silver. The changes in the amounts
Of silver bullion and fractional silver coin are so
inconsid-rable rs not to he worth mentioning. But
in view of the changes named, call for 100000
bonds to be paid ninety days hence exhibits bold
ness ON the part Of the Secretary that is Nap0conc.
But NAPOLEON fought one too many battles
Money ruled easy all the week at 3l2Gi per cent,
with exceptions as high rs . and rs low aS . per
cent for call loans on pledge OF Stock Exchange
coIlaterals On Governments the rate generally
WAS 3 per cent First-clasS mercantile paper passed
NJ about do per cent The domestic exchanges at
Chicago and ST. Louis have boon sufficiently against
NcvYork 10 nraw funds from here, and ut
Navy Orlcane they have worked less fayorably than
during the preceding week. the latest quotations
for New York checks at the places named are
follows: Savannah, par to Il premium Charleston,
mar IN l. pr,tnluiu; New Orleans, par to 30 cents
premium for commercial andS2 premium Tor bank;
~ Ionis. rs cents discount Chicago, 80 cents dis
count. and Boston, 10 cents premium The foreign
exchanges ruled irmcr all the week, though on the
basi, of 81 sz4a$4 So and 81 S6a$4 SEA, re-
snectively. for long aud short sterling.
The Rank of Englauds weekly statement showed
q further gain of E30S, 900 bullion. aud the proper
tio, of ira reserve to its liabilities Is ~ 1916
aqainst 3lls per cent a year ago. The
abatement of tho Bank of France also
shows n largo specie gain for that institution
1325O.OOO francs gold and 100000 francs
SILVER. The Imperial Bank of Germany made gain
of T. O6O. 900 marks in specie. The Bank of England
now holds Coz, 900 gold, against iS,772,000
at this date last year. and the Bank Of France now
holds G3s ,7Oi 900 gold aud ei3. 223, 400 silver,
against 600 1872 700 and e45, $40 800 respectively.
British consos ranged from l02 to 102 81 @ during
the week. At PARIS q more confident turn pre-