New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
fore the announcement Of Messrs. Fisk g. Haseh'q
failure: after that quotations we're dsmorsuzeo, oue
they closed about as follows;

There were no transactions in State bonds, ana
list City bank stocks were V nearly as badly Of
The only bids were 100 for Gallatin and 40 fof
Union, and Nassau was offered at l48.
The market for railroad bonds was dull and
prices for issues in which there was any business
followed after the movements in the share market.
Erie second consols rose from 81 to 81 and closed
at 81 L. Missouri Kansas and Texas first eonsols
were per cent lower than last sales at l04i2 and
general 6s sold at 72'970i2 against 10 on Tuesday:
Rome WatertOwn and Ogdensburg % were of
nsr cent at "a. Chesapeake and Ohio currency 90
closed / per cent lower at 80. canada southern
first IS declined L. to 99io. West Shore and Buffalo
fret IA were active between 40 and 80, ana
closed at 40 against 4sIs yesterday. Ohio Southern
first IS declined from 81 to 10. East Tennessee,
Virginia and Georgia conSol 5s were per cens
higher at 50. New-York Chieago ana a. i fSss
Eta EsT? 122I, and New-York,o Lackawa ami;
frsts Southwestern div sion, brought 10 ana mrs.
Pacific and Western IS were mp a at 1904. Nortn-
western debenture So were oil 4 at w = ana Dul
lington and Quincy debenture 5s were z lower az
92L Texas and Pacific incomes rallied from - 10
Al and closed at 1913; and tirsts, Rio Grande d.
vison, rose per cent to % ana ended AZ %.
cned from 104 to 1899 1884. The special feat
ure of the market is that the recent decline IN prices
has not brought into the market any lhVestmeh'
orders.
The Sub-Treasury's statement shows loss on
balance Of S6s692S; but the character OF the
losses and gains producing that result requires ex-
currency loss Is set down at y, IOJ,"O3 ana tn9
coin gain at g., 023 OBJ. Those differences exceed
both the amounts reported for payment and re-
ceipts. The days operations covered, accoiulng 10
the statement receipts only 81 39,jJ4; payments
only 10 2Sj.4 1872; currency balance @O,l-o44
coin balance @l2S, l52,9l0
The local money market to-day ag3ln was strin-
gent but was easier than yesterday Rates lOf can
loans ruled from a u per cent per diem down 10
cent and interest. IL needs TO be remembered that
the change from 3G4 per cent Tor m@uey 70 yeS-
terdays and tO-day's rates is not the result OF any
new demand or absorption of money. specie eA-
ports have ceased and the whole country ia sending
money to this centre. The banks baye more real
money to lend than they had two wee Ks ago Dub
a scare has reduced their disposition u lend tIer
credits.
The Clearing House statement TO-DAY was as fol-
lows: Exchange S136, 7o3, 10; balances 3D. tZ5'-
j64
The United States Treasury az Washington to-
day received 1891 900 National bank notes for re-
demptOn. The customs receipts were S'%o'ofz'
and the internal revenue receipts S621 6iS: .
The high rates for money have deinoraiiZed me
foreign exchanges that there Is no business be-
yOnd bankers purchases of commercial Dlils.
Therefore there is general reduction IN rates for
business 10 the following quotations; bankers
bills 81 S6l and 81 ssh for long and short ster-
ling respectively S5 Isle and 80 is for francs;
% : and 955s for reichmarks; 4O14 and 400 ior
The Governors of the Bank Of England at their
regular weekly meeting to-day made no change IN
the banks minimum rate of discount and II remains
at 2l2 per cent During the week the BANK losb
t372OOO bullion, put the pfOpOfltDu OF ~ ACsoif"
To its liabilities was unchanged and IS still - per
cent. against 323s per cent at this date lass
year. The weekly statement of the Bank Of Francs
shows gains of 1894 900 francs gold and 2oI,-
GOO francs silver At the London stock Exchange
British cOnsos opened IS per cent higher but later
reacted and closed the same as last evening"
l0I 7-l6 for money and l0l GIG for account.
United states bonds are quoted Is per cent higher
at 1851 for Is and 1855 for i3s The market for
American railways opened weak and lower, pat foi,
lowed the better tone of the home market lat II
o'clock in It's final quotations, but there was no
change in the relative positions Of quotations pc
tween the two markets. London prices were
handsome profit below New-YOrk prices, which DIS
poses of dispatch stating that there Is an active
demand for American railways at the London
stock Exchange. Bar silver was on l-iod. AZ
SO 1861. AT Paris French per cents declined to
IS. S2l2 francs.