New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-09-10


Of imports ....... s3a95sSOe 2ll SO
! MERCHANDISE AND SPECIE
OF exports 1890. s7ssl67O3 sS5,SsS.G7S s7s,79o.54i
ashington dispatch says that in the move
ments of the whole country for the month If July
the imports exceeded the exports by $4 46j.5S0;
but we are yet without the data in detail to make
up our usual monthly comparisons from The rx-
ports of breadstuhs ID July of this year were
$40 179 597 against 81 4GS 269 forJuly 1852 and
| SIS 976 1857 for July 1881. The exports of pro-
Visions ec.. in July this year. were $l2, $50, lG1
against IS 976,6 7s in July 1882, and 81 l.546.504
in July 1881. The totals of both for the month of
July for three years compsr' as follows:
ss5 lssi. ss,4 iss3 sss tSSG7eg
| Last week developed no material change III the
| general commercial situation The trade AID sDecu-
| atuns in bread stuff and provisions we're tame
early IN the week. but at the close frightened up on
fears of serious damage by frost to the unuatured
| corn crop. 1t is beyond question that large por-
ton of the crop what formerly WAS known rs he
| Corn Belt"-Ohio. Indiana. Illinois and Iowa-is
from TWO 10 three weeks late in maturing. and hence
is in a critical POSITION but Friday nights frost does
not seem to have been far enough south TO
cause any material damage The export
demand continues small. and stocks of both
wheat and corn are accumulaling The Engineering
anthracite cOa trade rs follows:
The situation has not chan ged since our last
report Coal continues ABUNDANT and as'the few buyers
there caut ous. there Is constant pressure 20
a surplus That there can be real nlniOven 1T
in the prices % long as such condition oi AFFAIRS lists,
Will b. patent any TIE fact too. tnat ca'ers
are largely supplied and expecting cOusid rabe coal
sui delivered, does not encourage the briici tnat
the trade Will wtpess the usual tau ACTIVITY The news
the iron trade is disoOuraging, aud from Eastern
manufacturing GENRES the Frequently rep"aied ale OF
dullness is repeated The early future must decide
Will be possible TO cOutinnc full
the rest II the year Two OF tine companies VIII prob
ably from special easOns-on account OF heavy deliver
les, facilities offered Tor pushing coal Westw 'rd--
resist any suen cnaDge m me ProGr9nme Dat there Is
as markets begin tract with the beginning o.
for what little trade there s aud cutngs apparently
INDUCED In quite nDersly.
The new crop year III cotton iron Sept mber Il
opens with both receipts and exports for the first
week larger than for the week of 1882. The re-
ceipts last week were 33.3OS bales, against 2S.6ss
bales for the week Of 1882, and the exports were
1862 bales against 9.137 bales.
The monetary situation at the Stock Exchange
last week was one of continued ease. Except on
one day when the rate for cali loans ruled at per
cent tho common rate ali the week = per cent.
Lenders however, growing more exact
ing in their sales Tor time loans, and
have heard of as high as 4l2 per cent
beng paid for sxty-day loans with city
revenue bonds pledged rs collateral Mercantile
paper is closely scrutnzed and the rate for such
will pass is 5l2 to 6l2 cent for double and single
names respectively. Yesterdays bank statement
reflected much larger shipment of money TO the
interior than was suspected. IL must lie rrmem-
bered that the loss cash reported, Of 81 94S4OO,
is an average ana not the actual loss from Friday
August 81. TO September 7; the actual loss to the
Sub Treasury during the week of $4,000 hnclud-
ing 1856. 900 for exchanged did not figure IN his
loco of mr. -
leaving 81 500, 900 a. the average representing
losses by the direct remittances to the interior Up
70 last Thursday evening the amount OF bonds Of
the 121st call which had been
presented for payment was $lO,S67, 800
leaving abont 100000 still outstanding, Of
which about 81, 100000 IS held in Europe. The
domestic exchanges turned against New York at all
the principal commercial cities The latest quota
tons at the places named as follows: Savannah
3s04 discount; Charleston. a discount to par;
New Orleans, 30 cents discount for commercial and
81 premium for bank ST. Louis 20 cents discounts
Chicago SO07O cents discount; Boston. 20 cents
discount The foreign exchanges were dull all the
week through hut rates steady for business
on the basis of 81 Sl4 and "a S54 lor long ana
short sterling respectively.
The stock Exchange last week witnessed an active
and at times an excited speculation in shares. Tie
Improvement in prices which began with the closing
davs of the previous week made steady progress
after n material reaction on Monday and not
checked until FRIDAY nOOn The advances were
general and in instances were large Louisville
and Nashville the Northern Pacific system, Denver
and Rio Grapde Union Pacific aud Northwestern
were conspicuous because of their large transactions
and advances but the whole list on Friday showed
| advances which ranged from 3 to 10 per cent.
| Nv Friday noon the short interest practically
was eliminated from the market and
prices almost Immediately reflected the loss of that
| important sustaining element. As a result during
| the following eight hours of busness-three on
Friday and five on Saturday-more than one-half O
| the weeks advance generally lost aud in some
| instances all of it. The London market was
| against this market all theweek, and the
| talk about outside house buying was that
| kind OF imagery which fancies mole-hlll TO be
| spur Of the Rocky Mountains Transactions Tor Tue
week amounted TO 2.5l5,44 shares against 22oo,-
33S shares tor the preceding week.
The dealings IN Government bonds were unusually
| small and the final quotations are unchanged from
a week ago. State bonds also were extremely dull,
| INT Louisiana consOls rose per cent. The MARKET
| for railroad bonds OF speculative character was
| active and prices sympathized with the advances
made for shares but with The downward turn III
| stocks bonds became dull, II not lower.
The feature of last weeks official statement OF the
rail way shipments of flour, gram and provisions
| eastward from Chicago, is Eries showing OF tine
| largest tonnage for any one railroad. 1t carried
4 100 IONS or l7l2 per cent OF the wnole, against
Pan Handles 6, 1872 TONS 10 416 per cent, as the
next largest The total tonnage was to 4o'y tSa
preceding week. The two Vanderbilt, lines
| Lake Shore and Michigan Central-ganed on the
preceding week IL tons, and Nickel Plate gained
los4 tons Erie gained lss9 TONS baItos more ana