New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-11-26

So IL seems that while eight anthracite furnaces
went out of blast the decrease In stock was only
2s2l4 tons: the decrease in stock of bitumlnons
WAS 81, 2G9 tons, although the number OF furnaces
IN blast was increased five. However, the general
assumption is that the production has been reduced
To the requirements Of consumption, ana that'
therefore the price of iron has touched bed
rurk Ii will be "a mistake, however, to ignore
the fact that. although the business from jury 70
November this year was unsatisfactory, IL covers
fine period of the greatest activity IN IRON manu-
factories and il is not expected that the next three
months consumption will equal that OF the autumn
months. Prices for Pig IRON nave ruea oIg SiTaoH
M previous quotations, Whue prices LOT ueHuS an
kinds of manufactured iron have weakened.
The situation of the coal business Is hampeIed
still Inv thr eXactng necessities Of some OF the COM
nanics. and there seems little prospect OF any
movement to improve matters TIL after the close OF
some of the companies fiscal years. at when Time
they make up their annual statements that OF the
Vending Company closes with the end OF TINS
month OF the situation The Engineering ana HW"y
Journal remarks:
Tbcmarket for anthracite is getting into an uncom-
st % sapp as some of the sizes which unt now have
done fairly we'll like stove, are beginning To eNhln le
signs OF weakness that the result OF accumulation
oi ihr market is more now than it has been IN buyers
favor IL IL unfortunate that the companies 40 not ap
near 10 he able reach any UNDERSTANDING ana II ll-
drstood that one of the managers utlS t ther
mans be carried The main SUBJECT OF uhettuCc' 50
lar rs we can H. IS that some OF the companies want
IN rcpcat the od-time dodge OF three days stoppage
which means very little in the way OF RESTRICTION oItSe
the quantity brought to market Is ohy very suEhg ~
1,cei The only thing that b. done Is to stop ioT
week at a time. alternate weeks ana Keep ny "n''i
| the supply Is IN good shape'
Tba local monetary situation during the whole
week continued to reflect plethora OF idle capital
seeking temporary employment at any Iatc OueIcl
for il Rates for call loans hardly got ABOVE per
cent Such utter staguatlon III money at TINS season
of the wear has not been seen Tor yeals,ot slllCo
! 1874 and 1878. Elsewhere, however, the reports
are of more activity IN the money markets. a gOou
/ indirotion is the better inquiry for good double
| name mercantile paper and rates 10Y II are
/ easter ut 5d5l2 per cent; but few single haufs
/ cnllatcr1ls are neither asked for nor offered
/ and very little, beyond renewals, Is uonc
! i'm that way. The domestic exchanges e&ccPt as
/ New Orleans, Savannah ana Boston ruIeu ia ldNol
/ ~ New-York The foreign exchanges ruled strong
NJ higher figures all the week till Friday, when AFTER
the business for Saturdays steamers hid ocen
dnne tho nominal rates for bankers bills were re-
Juced /, cent TO the {. With no business done on
Sotnrday and none be done till Tuesday rates for
actual business were quoted as Glosng On 1n1 a%n
of 81 S2 and 81 50 respectively for long ana snor
/ sterling: COntinentals relatively were rather
[ HIGHER. Yesterdays bank statement showed conul,
tions which compare with those OF the same dale VI
1850 M follows: Assets-LOanS now are
Si5 100 900 GREATER specie is 81. 800 greater
and the amount of legal tenders is SSH, 80.
Observation-Disclosures are now $37 747, 600 greater ant
circulation is $3,190,00O less. The surplus 70
| serve measured by the rule OF - per cent 10 ue
nosits now is $5, 2S3, 300 against dehcIt then D
VT The stock Exchange there was a large declin
from preceding weeks III the amount Vi pu 9 a'f
| done The transactions in stocks amounted on.
70 / .424 AIT shares, against 2,057,OOO shares 10
the preceding week, and there was correspohldll
faIling-off in tho volume Of dealings IN rallroa
bonds OF the stock transactions i've stocks con
ributed over ur-sevenths of the total, with ma
results as shown by changes in figures as follows
neiaVare. Laekawanna and Western 2s3,9+
sIares decline per cent Oregon and ITanseoI
continental 81, no shares, advance Is; ST. P az
10000 shares unchanged Union Paeinc l0a,30
shares. decline IS and Lake Shore yO3O
shares decline "a per cent Althoug
there were some exceptional advances among III
usually inactive stocks notably IN Alton ana IefI
Uante and the Manhattan Eevated-the latter ai
in the week, on reports of satisfactory progre
being made to settle the differences existing b
/ tween the various Elevated nterests-the operI
lions i'm the four stocks first named and their nm;
Il changes after fluctuations covering about P'
cent fairly illustrate the character OF the speeul