New-York tribune., 1884-02-25


oats at the principal Western points of accumula-
tion for four weeks compare as follows
RECEIPTS.
Wee. ended Feb bush E9s3t Sssso a7s G9Fn s35s qp'.
%ssE ended sS EeS 3 bush bush S s55S fs55 G S36
Week ended Feb is bush 2lO45O l,3-4gi1 0533D9dd00
Week ended Feb. % bush. 3ll's)O l,-'rfUO tS-'-oo
The speculation in provisions held its own better
! than did that in grain The prices declined Sharply
! but recovered, that finally they were only ID
cents OF for pork and III 20 cents off for lard.
The movement in cotton was toward better
prices for earl futures % on smal in recffrp9s fyper'
/ pool. The final advances for the week
/ range from to points, after having been from
! TO ; points over the preceding Saturdays hgures
The receipts at the ports 60 435 bales smaller
than for the week of last year, while the exports
were 1880 bales more The statsflcs are as oI lol
| So O13 bales against AS bales for the same
week in 1ss3-which makes the total since septem,
ber l. 1868 ,731 bales this year AGAINST 4,Ioo39o
ba les last year. The exports of the week were 1OO
73s bales against S6,59j bales for last year, and
the totals since September are Z,S0o I3o oaes lor
| this wear against 3. 1872 695 bales last year.
Concerning the movements Of IRON the authorities
are conflicting. Here the business is reported TO
have improved in volume and prices are said to be
firm while at Philadelphia the markets are repor ed
! du aud prices weak. Here, transactions IN steel
rails are quoted $50 at mills and at Phlladelphla
g Pennsylvania companies nave p0sltVey .t TeIuseu
! to take business under S34.0 OF the anthracite
/ coal trade The Engineering and Mining journal says
Business Is very quiet. 1t seems TO be the prevailing
upon what the facilities will be for Its Distribution
through the new Western and Northern markets mat
this demand is constantly increasing every person IN
terested in the subject is well aware Up to the present
time h has been more a matter delivering the coal
| than securing orders for it. If the surplus which
threatens to be thrown hands OF the anthracite
disposed of by more fully developing the markets
that are waiting be opened no great harm can result
AT the same time, the situation is sucn taat IL VIII re- re-
quire the best management the part OF the inside
magnates to keep the market on a steady basis.
4 very large business is reported TO have been
! done in bituminous, in the way of contracts with
Eastern mills and railways. at u 90 Tree on DOard
at Baltimore against SO S3 % the price last sea-
SON. 1t is evident that the bltunlnous miners nave
! determined to capture as large proportion OF the
trade as possible and that to do SO they are shad
! ing their prices to low figures.
Naturally the trade in dry goods and general
| merchandise was checked by the lnclement
weather and hence the movement was lighter than
| the expectations that had been based upon ordl-
nary conditions. Yet the market was characterized
! by steadiness
The event of the week in financial circles was
basis s 81" Of 81 s6 and 81 s9a respectively for long
aud short sterling for actual business, and beln-
ming of gold exports. The actual exports OF last
! week were only $500 600, Of which $125,000 was
received from Canada; but Tomorrow
steamer-delayed from yesterday-ls expect
ed to take out over $l,6OOOOO; at
least that amount is ready for shipment AT the
same time some uneasiness was created by the pub
city given 10 a conversation between the ASSIST
fbe clearing House of the Associated Banks, rela
tive TO the effect of silver instead of gold payments
AT some future time. IN view of the continued
coinage of the 4l22 grain silver dollar JhAt to-day
is worth IN gold only e1i2 cSh'sl;, the
| subject is one that is not ana VIII NOT
/ be- treated lightly by any one VINO Is competent
o foresee the the results of sudden demonerlZatlon
of our $500 600 600 gold. The subject IS an exceed
inglv important one and was treated as such by
THE TRIBCNE a long time ago. But II Is difficult
to discover a good special reason Tor the
agitation at this particular moment. The
local money market ruled easy all the week
M 06l per cent for call loans; but there was
les, disposition TO urge time loans at the low rates
of 3l244 per cent than there has been althOugh
the supply at those rates SIN exceeds tAc deAaAd
winch Is limited. Yesterdays bank statement
showed guIcant changes, but 1t did not reflect
the cold exports to be made tomorrow Ihe re-
pOrred amount Of cash ON hand is still over pl1O,
900 OOO. Yesterdays statement compares with
tot of tbe corresuOudnc date Of last year as fol-
lows; Liabilites-dep0sits increased 90, lOAIOO
and circulation decreased -. i3 ,OO net increase
i'm liabilities $40 900, 800. AssetS-Cash increased
S3I SIS 600 specie Tl936l ,JO0and legal tenders
$l22IG 700, and loans increased 1872 500 net
increase in assets SJO7ll. 400. The surplus re-
serve now .%I976l,3jO) Is Sle,0o2,39O greater
than year ago. and the percentage OF the total re-
J.O9 per cent more than then
The Stock Exchange mar kets during the week
were irregular. and presented various phases; buti
on the whole, the speculation was hating ana
timid. The failure OF prominent brokers' nrn
early in the week was not Nilho4I some eIlecI
upon the dispositions Of dealers. and Tor day or
two unsettled confidence. IAe transactions
In stocks five days. amounted only 70 l,5639O2
shares against 2.Os7 19s shares for the preceding
1yse There was an entire change in the list of
tive stocks Union Pacific, which for the preceding |
week recorded sales Of 403,OOU shares, lasi week
recorded only $4,000 shares. t. Paul held It's ac-
tiytv with sales of 237 $50 shares The coal stocks
were The favOrites of the week. and they are the only
ones of the usually active stocks that show any
material advance. delaware, L9ckawanna and |
Western with sales of 373,S00 shares, tuctuated |
from 1878 up TO 1929, and ended at l3l l2; and
Reading with sales of 224,56O shares rose from |
was dull but It scored a hnal advance OF IA per
cent TO 80 s9l2. The other stocks that show any
important advance are Pullman Palace Car
and Illinois Central leased lines each per cent, |
Manhattan common3 per cent, and Evansville aud |
Ierre Haute 10 per cent. Inc general llSt shows
declines, among which are conspicuous; Northwest |
Memphis and Charleston, Morris and Essex New |
York Chicago and st. Louis preferred and Oregon |
Improvement. each /; Oregon and lTanScOntlnontal
and Richmond and Danvllle, each Is Central Pa /
cliic and Denver and Rio Grande. each a Rock |
Island aud Union Pacific, each rs ST Paul com;
Minneapolis and 81; Louis preferred, |
each liz; Oregon Railway and Nayi- |
gadOn and Richmond q, ana W West rohl, each Gis
cipnati and indianapolis, and Ohio and Mississippi
each 2; Northwestern preferred ~, and Houston |
Transactions in Government bonds were only TO |
moderate amounts, but the prices were firm, and |
the inal bids show advances of g for the As and 4
for the 4l2s. Dealings III State bonds were small |
and insignificant but such business as was done was
at full figures. The market for railroad bonds was
less active than IN preceding weeks, hut the prices
ruled firm for all the rstcass issues and some good
advances were recorded f0rthe junior issues OF sueh
properties as the Chicago, burlington ana quincy |
and Northwestern. The West Snore hrst os con, |
tinnen to attract attention. but while they seemed
10 be stronger than heretofore the nna price shows
a gain Of only 4 for the week.
The weekly statement of the eastward shipments
from Chicago last week of flour, grain aud pro-
visions shows a movement that was as marked for
It's uuequa distribution was the movement or
the preceding week Again the three Vanderbilt
lines carried proportions far exceeding their ailOt
ments-54 Z 10 per cent the two Penns lvana lines
only 10 $40 per cent and Erie only 6-lO per cent.
The Grand Trunk carried 10 2-l0 per cent, and the
Baltimore and Ohio 2-l0 The shipments for the
week were AZ 6is tons against &c. 212tons for the