New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-06-09

week ended June bush GGlG25 25O6.55O l5O7,7lO
The speculation IN pork was well sustained as to
prices but the market was dull price of lard was
easier, without stimulating an active movement
The cotton market moved languidly at dropping
figures till after Wednesday, when reports OF
damage to the crops in parts of Mississippi,
Texas and Louisiana by excessive rains started
a new upward movement IN futures and
the final figures show advances for the week of
seven points for this aud from ten 70 twelve points
for the next crop. The business for consumption
and K port was very small and the price declined
l-I6. but yesterday recovered. According to Inc
ChrOpicie there exports last week from
ports south of Baltimore, and New-YOrk furnished
nearly One-thiTd of the total The statistics are as
follows: The receipts at the ports last week were
~ 5S4 bales against 25,4J6 bales for the same
week in l-N3-which makes the total since sep
tember l. t. 764246 bales this year, against 5,Sl1-
Js3 bales last year. The exports of the week were
1868 bales against ,0l4 bales for the last year
and the totals since September l are 3,6Oc.l4s
bales this year. against 4,4JO.S 29 bales last year
There Is no change to report IN the general con,
ditOn of the iron trade; the product IL fully equa
to the consumption, and dealers are working only
from hand to mouth. Prices are quoted steady
Steel rails are quoted at c32 ~ 90, with
reports Of orders having been accepted at $50.
wear ago $50 was regarded as a rulnOus price, but
since then many economies have been introduced
IN the process of manufacturing little better
feeling Is noted in the anthracite coal trade, BE-
cause il is reasoned that the Reading, being
leved from the necessity of paying its rst charges
will be more pabe in arrangements 10 restrict the
output to the requirements of consumption; but
there il little change in the situation except talk
about advancing prices July |. which as yet has
had little effect on the purchasers.
Yesterdays bank statement made another favor
able exhibit BY d contraction of $7,040300 in
loans which correspOndngly reduced the deposits,
and by an accumulation of cash Of Y2O51 600 III
excess of the amount Of wlthdTawals' the
ago was converted into n surplus of Fl 34l 300:
Since May 3 the bank loans have been contracted
from 1911 800, 500 1902 sos 5OO-decrease, S39-
sT,, Il, how fpnu
S33321j 500 70 1888. 1913, 200-decrease $50, s92,-
400 and the cash in hand last saturday was p12-
172.3O0. against SS4 lO9,9QO May 3ndecrease,
SII 937 600. Yet out of the S24 OO0, 600 loan GER
tfcates that issued, there are still outstand
ing nearly 81 100000 to be yet lguidated by the
hanks collection of their loans. The banks now
hold SO 7l9 500 less caSh than at this date 1888
and SS.l22 GOO less than IN 1Ss2 Yesterdays
statement compares with the statement of the cor
responding dates OF the Two preceding years as
follows:
ss 1880 lsSs 5 ssSs o $3.50
Leesatcnder5 95gi9,io5 .2534loo0 22S5si709
6 3ng9isa Y s5o3iSo i55gSoo f3s73z1S
The following shows the relation between the
total reserve and the total deposit liabilities;
specie g S 5t2S S s54 45s9OS
Total reserve; s9o9a4,5CO ss7,90l0OO *72I72,soo
H ssaHsj atp pc 755ss75 7ss22725 7osaO8oO
s,rplu. ... s5I555-5 s9O90I75 sI.34I5OO
l to ie Ga SIS 267o 27s4 2547
In stock Exchange circles the interesting events
If the week was the replacement of the PLIladel-
phia and Reading Railroad and Coal and Iron
companies in receivers hands and the development
of irregularities in the management OF the LOUIS
Vile and Nashville Railroad. There is little doubt
that when the receivers of the Read
ing Companies file their statements tEe +hG OF
thev will show that the net debts Of the companies
were largely increased during the one year that
has elapsed since Its management was taken by the
Of tha oil
directors Few persons realize the magnitude OF
the net earnings which the Reading must make to
n eet Us first charges when It's credit fails TO furnish
the current necessities from other sources. The
nlained but enough has been develop 70 show
that the story of loss Of only SZ1O,OUJ that was
told couple of weeks ago was far inside OF the
truth.
The speculation in stocks was irregular and I'M
settled all the week. The fluctuations We're ire
0uent and wide although the business done T., 35O
600 yvos not large. While there were some weak
spots the general temper was favorable 10 higher
figures; yet in a majority OF cases the maj
changes are insignificant. AS q rule me
Southwestern stock, mon racine and the
Northern Pacific and Western Union were the
strong points III the market. The trunk line shares
were exceptionally weak; the, grahgers snow
tbe coal stocks except Central of New Jersey and
delaware and Hudson, are lower, and Louisville
and Nashville shows an exceptional decline Of 7l2
although it closed 334 better than Its lowest
figure Except Manhattan old stock, winch rose
10 per cent, the prices OF the Elevated Railroad
shares were little affected by the settlement OF their
disagreements. aud Western Union advanced nearly
Der cent after the announcement yesterday Of the
nractical consolidation of the Postal and Bankers
and Merchants telegraph systems. Starting
from the lowest prices in the week
ended Nav 24 the subiOUned table Il both Instruc-
tive aud Interesting. IL shows the lowest and final
prices of the week ended May ~ th9 highest ana
lowest aud final figures of last week, for the prin-
opal and representative stocks