New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-04-16

against dep SITS fO'Sfo'lVO '''V''@oV iHS $500
Deact ss7JLOOO s28o,SjO Dec $3,4ll,6oo
The banks now hold In cash-specie and legal
tenders-S7 O46,6OO less than the sum held year
ago. The loans now are 81, 425,6OO smaller than
then. and the deposits are $7203, 500 less; SO
that the reserve required by the % per cent rule
now is 81 sol, 100 less than it year ago. But
the reserve now shows deficit of $2s0,350
against surplus of 1896, $50 then, and the pro-
portion of total reserve now is 24.99, against
20 70 per cent at the same date of 1882.
During the week ended Friday night the Sub
Treasury retired and cancelled $500, 900 gold GER
tifcates leaving the amount of the new issue at
S63 225. 900; it cancelled and sent to Washington
1901 900 mutiated legal tenders and it received
Sl5OOO0 in gold coin for silver cert-
ficates to be paid out at other Sub
Treasures. So that the Treasury's true payments
exceeded its receipts at the New-YOrk Snb-Ireasury
So OBS 400 for the week. Washington dispatches
nut the redemption to date of bonds embraced In
the Tooth call at 81 ,227,350 that leaves unre-
deemed OF that and preceding calls about $l3, OOO
600. The local money market, while generally rul-
ing easy at Sat per cent for call loans on Stock Ex-
change colaterals somewhat irregular and there
were exceptional periods when the demand was
sharp enough to advance the rates to 70S per cent
Nowhere except at Chicago and some nearby
points in this and neighborlng States, do the do
nestle exchanges favor a movement of funds to
New-York At the East the call is on New-fork,
and at Boston New-York checks are 50G4j cents
discount. The foreign exchanges ruled firm until
late Friday 1t is not unusual to have easier quota
tions on Saturday but unquesionably rates were
somewhat affected by the expectation Of freer sup
ply of banker bills, because of pending negotla-
tions abroad of some new way loans The Bal
timore and Ohio's loan for G., 400 900 and the
Union Pacific new collateral trust loan are both
on the foreign markets, the first in London and the
latter i'll Amsterdam
There were no changes in the commercial OF mer-
camille situation during the week which call for
extended comment. The speculation in cereals was
irregular; the damaging reports about the condl-
ton of winter wheat were offset by the large sup
plies now held abroad and the prospect Of larger ship
ment from India i'll the future than there have been
before The present situation III Western Europe is
shown by the following facts: From September l.
1892 to April l, 1888, the amount of wheat and
four-imported and home growl-marketed in
Great Bntlan was ~, 751, 500cwt against Cabs
600 cwt for the thirty weeks ended April l, 1882,
against 81 I97, 400 cwt for the same period ended
April /, 1881, and against 5s,279,700 cwt.
for tho ame time ended April l, 1880.
the cotton speculation last week was
stronger, but it was affected by the overspec-
ulation on the bear" side than by the statistical
situation. The receipts of the crop amount
to 54S6, 100 bales against 4,36S 300 bales TO the
same date last year, and the exports TO date
amount to 3,SS6l32 bales, against 2.S63.427
bales TO the same date last year, and against
1896 900 bales for the whole crop year ended Au-
gust 81, 1882 the exports last week were 99262
bales-only $500 bales more than for the week of
1882 The iron and coal trades continue In an I'M
satisfactory condition the product is greater than
the demand
There was continued activity in the general mar
kets at the stock Exchange and they were marked
by more or less buOyancy. Government bonds
were not specially active and no little irregularty
was developed in their prices. The final bids last
evening compare with those week ago as fol-
lows: Declines-3i2s u and 4l2s. 70 per cent. Ad-
vanced-3s, ls per cent and the As are unchanged;
state bonds were dull all the week through and
were without notable changes In the quotations.
Among railroad bonds the issues of the East Ten
nessee Virginia and Georgia we're particularly ac-
tive and 2a3 per cent higher; Richmond and
DanvIlle debentures also are mp z per cent. Erie
second consos are 70 higher than week ago. Inter
national and Great Northern Us gain per cent;
Missouri, Kansas and Texas issues, Texas ana
Paci6c's and Wabash general mortgages show some
Improvement. West Shore and Buffalo 5s were ac-
tive but made no further advance and closed NJ
tie easier. The general market for bonds was quiet
and the dealings generally were Of a retail char
acter. 80
ing success during ITS second week. Tho dealings
were large, having amounted to 1851 40 shares,
| a0ainat 71l DGD shares for the preceding week.