New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-28

u.
State bonds were quiet, and such business as was
done was at shaded figures. Louisiana consols SOLD
at 1878, Tennessee 6s at Al, and compromise bonds
at 49, Alabama class at 100, and Missouri Us 10
Hannibal and st. Joseph Railroad at 100. There
were no transactions in city bank stocks.
The dealings in railroad bonds were not large, and
there were only few significant changes in the
figures Erie second consols declined from 96i2 TO
96096la; Rome, Watertown and Ogdensburg 5s
were of 70 at II Chesapeake and Ohio frsts. series
Is, were Il better at 90l2 for small lot; CANADA
Southern frsts were mp Il at 94os; New-York. Chi
cago and ST. Louis firsts q higher at 96A and
New-York West Shore and Buffa.o 5s we're fairly
active and steady at 750754. Richmond and
Danville irsts declined from 93l2 to 93G9314, but
East Tennessee. Virginia and Georgia in
comes rose 81 to 34%. Mutual Union
snkiug funds fell from So 10 S1si
as2. st. Paul frsts Pacific and Western di-
vision, were up from 91la TO 92L092, and Wabash
general mortgages rose 1 per cent to rs Rock
Island 6s were down to 12491244, and Chicago,
Burlington and Quincy frsts As. Denver division.
sold at 49, ST. Paul and Omaha consols sold at
1O6340 1O612. Kansas Pacific first consols were up
s. to 90 and Texas Pacific frsts, Rio Grande di-
vision, rose 80 to so. Northern Pacific frsts were
ls easier at 1898 and ST. Louis and San Francisco
general mortgages sold at 99l. The dealings in
the bond market have como TO be as purely specu-
latve as are those in the share market Except
here and there an order for small amount OF the
best class Of bonds, the market is void of an in
vestment demand.
The Sub-Ireasury to-day gained on balance
$999, $780, made up by gains of 1851 ,574 coin and
S4s,3l6 currency. That makes the total net gain
since last Friday $2,275.327. After yesterdays
furry in money a majority of borrowers on call
made their days gements early; standing call
loans generally were marked up to 5d8 per cent.
The early noon business which was the bulk of the
days transactions, was at 6@5l2 per cent but
later there were loans of brokers balances as low
as per cent. The situation, however isunchanged,
and the indications still point TO higher rates IN the
near future than have yet been made or course the
Treasury action is to be kept view, and Secretary
Folger may not depart from what heretofore
has been his practice-to quickly heed cry OF dis
tress from Wall Street-and may order the pre-
payment of the 12Oth call of bonds due May ; in
that case prof ably $4,000, 900 or $6.OO0,00O Of
money would trickle into the call loan market and
occasion O momentary easement The Boston
banks seemed 10 have suffered spring drain AZ an
earlier date than usual, and arc below the legal
limit for their AT the slime time, the ex-
changes on NewYork at all the Southern and W est
ern points are weakening but as yet without
change in the previously printed quotations
The Clearing House statement to-day is as fol-
lows: Exchanges, $115,74l,25s; balances,
The United States Treasurer at Washington to-
day received Sl73, 900 National bank notes for re-
demptiop The customs receipts were SS32, 20S,
and the internal revenue receipts $3.50, 1875.
The ex ports OF merchandise from wYOfk for the
week ended to-day amounted TO S., 909, 400, which
IA 81 OF 1901 less than for the preceding week of
this year $55 66i less than for the same week of
lsS2 and So 61S,7 65 less than for the week Of
1881. Yet to-day 1t was asserted, for speculative
effect that our exports were enormous" and our
"imports were Insignificant" Fortunately the
writer made reference TO figures to establish the
assertion Yet tor the moment the money ques-
tion mas more bearing upon the foreign exchange
market than does the balance of trade, and IN the
postponement of a mercantile demand rates
quoted lower for business as follows:
Bankers bills, "a S24 and $4 85l4 for
long and short sterling respectively; 52lA and
BIO for francs; 94lz and 80 for Teichmarks;
397s and 4Ols for guilders
In London British cousols were weak at the open
ing but later made partial iecoverles for money
thew declined 3-16 TO 1O2 1-16 aud recovered to
lO2 3-16 and for account they declined Il to lO2ls
and recovered to 1921. United States bonds were
seady: 3i2s at 1868 As at 1924 aud 4l2s At llbos
0ll53t. American railways par Ially responded l.,
Yesterdays advances in the home markets, and
later to tO-day's early quotations. but the markets
were hleless and prices ruled below those OF our
own markets. At Paris French per cents rose to
so 10 and sight exchange on London was up 10 252I
frs 10 The Z.
Mes,rs Winslow LanIer d. Co. announce in an
other column the usual list OF securities upon which
they will pay the interest due March J.
The gross earnings OF the following railroads are
reported: