New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-07-16

an increase of deposits Of 49, z22 by
loans that are $5.O33, 100 greater than they were
year ago hence the surplus in excess of 20 per
cent Of deposits is now 81 per cent against 32S
cent in surplus then. factor in the money market
year ago, which is wanting now, was the ll4th
call for S15,0OO.OO0 of bonds, which matured
August l. The domestic exchanges on New-fork
during the week ruled about steady, and the latest
quotations at the places named are as follows
Savannah and Charleston, each. par TO Il premium;
New-Orleans par for commercial and ST. 20 pre-
MUM for bank st. Louis. 81 premium; Chicago.
5o060 cents premium; Boston, 10 cents discount.
The foreign exchanges were unusually dull and
rates were reduced probably for effect the prices
of commercial bills, of which the bankers the
only buyers AT the close bankers bills were OBJ
talnable on the basis of 81 s41 to 81 87al. respec-
lively. for long and short sterling.
The Stock Exchange markets last week were
more active than they were the preceding week.
but they developed depression that was not in
accord with the promises which the markets
sponsors had given. The principal causes which
led to the change in sentiment were not new, but
they were more developed, so that the appreciation
of them was more general than it had been before.
THE TRIBUNE has kept its readers fully informed as
to the cutting of rates by the railroads for several
months despite official assertions of the
existence Of harmony. 1t was the devel.
opment OF facts during the preceding week and last
week which set al naught official state
ments regarding the situation, that was one of the
chief factors IN chan gng che tone of the specua'
tion The weeks transactions amount Ia
1851. 40 shares against only 664 200 shares for
the preceding week Of tive days. The principal
final declines among the leading stocks are Can
ada Southern, gig; Central of New-Jersey, 2os
Northwestern, 8; St. Paul, 3ss; Omaha. 4ss; Rock
Island. 3; Delaware. Lackawanna and Western. 4cs
Denver and Rio Grandc, .2's; East tennessee Vlr-
gle; Louisville add Nashville, 27s; Manhattan
Beach, 4: Michigan Central, 37s; Missouri, Kansas
and Texas 2l2; Missouri Pacific. 234 Central and
Hudson, 8; Erie, ga Reading. s.; Northern Pa.
cifc, A Oregon Transcontinental, 4 J; Richmond
and Danyille, 2i2; West Point, 4ss st. Louis, A! A.
cifc, 35s; Union Pacific, 2; Wabash, 3la, and
Western Union, 3ls per cent.
Government bonds were dull and their prices were
hardly sustained the final bids show declines
of Is Tor the 4i2s and L for the As State bond:
were dull and without feature. Railroad bonds OF
the speculative issues share the fortunes of the
share market, while the better classes were more
freely offered In tho absence of an immediate de-
mand There werc speculative offerings of Erie
second consols and Of West Shore and Buffalo frs
5s.
Messrs Drexel. Morgan & Co. have brought oqt
here and in London the Chicago and Western In
diana general mortgage per cent bonds, and offe
for subscription $7,2OO.00O OF the total issue Of
500 900; the remaining 800 900 are reserved
to provide for existing prior liens The bonds are
offered at par and accrued interest. SEQ advertise
ment.
The following are Saturdays quotations for I'M
listed securities: