New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-26

OF the demand for exchange which is created by the
importation OF securities. The duness IN the foreign
exchange market is entirely due to the delay OF
merchants In paying for goods imported. There is
nothing new in that feature it has occurred
many times before when a false reasoning has
The Bank of Engand's weekly statement on
Thursday showed further gain of 100000 bull
ion, but the proportion of its to Its iabili
ties was reduced from a. 516 to Al 1-16 per cent,
against SO DIG percent at thesame date in 1882 The
discount rate remains at 81 per cent against per
cent at this time last year. The weekly statement
of the Bank of France showed gains of 100000
francs gold and 100000 francs silver; its discount
rate was reduced from 3l2 to per cent, against
per cent last year. British cOnsols declined about
1s per cent during the week, while French 3 per
cents ruled fraction higher. The Bank OF England
now holds co., $4,000 gold. against G21 100000
gold at this date last year. and the Bank of France
holds 939, 100000 gold, against 3O34,O 900, and
43,403 600 silver against 945,2S5OOO.
Except in the facts that railroad communication
was resumed in the Northwest and the Hoods In the
Ohio Valley were subsidng, the commercial situation
made no improvement during last week. The re-
ceipts Of produce and cereals at Chicago ana MI
for the same week in 1882, yet the earnings of
the Western railroads centring at those
points generally show losses despite the large IN
crease in mileage The prices for all descriptions
OF grains show material declines from the
prices of a week ago, yet the report OF the, eX-
ports of grain, for last week is likely
TO show falling OF from that OF
preceding weeks. The receipts of cotton at
the ports continue to be large, but the exports of
| last week snow q large NeC1Ce from pfectulnB
weeks, and make only slightly favorable comPari-
son with the week Of 1882. The receipts at all the
| ports for the week ended last Friday were 134.44S
bales against 46, 100 bales for the preceding week.
| and against 60,1G0 bales for the same week OF
| 1882. Since September the receipts have been
| 4,766,300 bales, against 4OO6,oO5 bales for tine
same period of the preceding The exports last
week were s6,595 bales, against 102,05l for the
preceding week, and against 1926 bales Tor the
| week of last year. Since September !, looZ, the
exports have amounted to 3,137 ,SS2 bales, against
2241 374 bales for the same time OF the preceding
year. At date for the years named the stocks OF cot
| ton in Europe were as follows; ISoO oogS6 80;
| bales; 1881, 996 454; 1882, 1,064,712 and 1883.
1319 500. The quantities ailoat Tor Europe al the
same dates respectively were 675,S00 bales,
| 100000 bales, 100000 bales, $4,000 bales.
| The speculation IN cotton last week was
| moderately active. bnt prices were de-
cining on the large receipts and the dull and lower
| maj kets in Liverpool. the IRON and coal markets
present nOthangcs in tie situation; trade Is duil
and business is accomplished only by concessions IN
prices; those interested ascTiOe the condition OF
affairs TO the delay on the ;arit question, ana speaK
hopefully of q change for the better atter Congress
adOuns Yet il is probable that the SITUATION IL as
much the effect of other causes as 1t Is Oh the uncer
! tainty regarding legislation.
| of the week and presented novel or interesting
| features. Government bonds were quiet, with some
irregularity in their prices. he maj changes ID
the bids are declines OF IL for the 3s, Il for the 42
aud 81 per cent for the A. There were few ranSac-
tons in State bonds, but their quotations generally
| were about steady. Railroad bonds OF the specula-
| tive classes were alternately dull aud active as
rule their prices show more or less declines for the
week Little was done III tirst-class Investment
bonds but the shading III prices indicates that the
! of rings are a little in excess OF the demand.
| The share speculation without feature; there
was little more than brokers market all the way
through and while for few stocks there were some
| wulft fluctuations they were entirely the result OF
| boafd-room tradngs The general disposition to
! sell the market winch WAS developed early IN the
! week was the occasion OF n later sharp advance,
accompanied by large purch 9seI 10 c.oso sho[C
DAVIS operations to equaze Inatters, and then the
| market was as dull as ever. The transactions OF
Friday amounted to 10000 shares, and on
! that day the best prices OF the week
! we're made Yesterday the transactions fell OH
| PSI 900 shares. Rock Island ana Chicago, Burning
! ton and Quincy stocks were cOuspicuOusly weah
| aud that with dealings III them much larger than
has been usual. The Omahas were as conspicuous
! for their strength, and the preferred stock com
minded a premium for its use. Or the usually
active stocks the final gains and losses are very
| nearly evenly divided IN numbers, out the amount
of the losses Is gra,er thIn thai OF the gaius lh'
| total business .Or the week live dayb amounted
ISJs9s6 shares against ~ 800 shares Tor tue
| preceding week and against 2,52O,426 shares FOL
! the week preceding that.
| WEEKLY RANGE OF PRICES.