New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-17

No business was done in State bonds and the quo
tations were only nominal. VI cty DAMN s'oeAS
only fifty Repuhlic sold ut ~
The railway bond market generally was not III
full sympathy with the movements IN the snare
market CheSapeak Ike and ONO ISSUES lor 0oE iUus
reasons were specially weak; iTsts, seIle5 D. leli
per cent to 90 aud currency Is declined per GEM
70 80 aud closed at 36l2. Erie second consois Win
large amount of business, rose from % u 90 %;
Missouri Kansas and Texas general is were mp ga
7Oas West shore aud Buffalo first js were lrregn-
larry active between JOlc and As, ana ehde9 al o
against 40 last evening East IenneSsce, ~ a
and Georgia consol 5s were up per cen! AT OF
Central and Hudson unsecured depehlmte Us so,t
at 10i. Ohio Southern hrsts deeiihen irHh,
20 to 72l2G75. Richmond and Danvllie
deben ures were off 2 per cent at 50, New-iork,
Chicago and -. Louis first 6S were pa 0Werat lVl
st. Paul iirsts Pacific and Western division, were
2. lower nj 96. Northwest debenture 5s fell 20 to
90 aud Burlington and Quincy debenture 5s were
Il lower ut 90. Wabash genera 6s declined ) per
cent to 40, and late small lot brought -. Cnlon
Pacific firsts declined per cent TO l2l2 Texas and
Pacific incomes, after 80, at 40 show ls per cent
advance and frsts. Rio Grande division after 50i
at 5il9 were mp 1l2 per cent; Northern fach~c
hrsts were down per cent at 1920 l02a'
The business of the Sub Treasury for the week
ended Tonight includes receipts of $4,000, y and
payments of$10,429, S14, leaving the general PAL
ance at $l33,5100iG against $l33 932 6oo Nay
o, showing an apparent loss of 50, 429,0O0: But
deducting from the payments $4,000
and from the receipts ~. i1o,9oo t iCp
certain items of transfers which ouly ancct inc
Sub Treasury's account with the General treas
ury, its true gain as affecting the banks, ~
and dcduetng further iIGm the reIeP
elsewhere the true loss to the Treasury Is
$50, 900. To-day's operations covered Receipts
sn nS S.. AS s57; coin balance, $3.50 $50.
The local money market worked stringent y. .
per cent and exceptionally at per cent per dleln
for call loans till the business of the day was near
" completed late leans were made down to per
cent per annun and the closing rate was u per cent
paid and bid 1t is evident that the savings banks
are witdra wing their cash fIom the deposit banks
n he
be made upon them; for that reason the
net redemption by the b-Ireasary during ne me
week of legal tender certificates was Sl,SO0,ooo
and to-day because of a scarcity of legal-tender
notes 81 ,O30O00 in gold was paid in Tor that
amount of silver certificates. these operltlo9s re-
fleet q loss TO the banks of nearly S3,OO0OOo N ie
gal-tcnders and specie, but the movement was so
late in the week that it VIII have little effect on
the averages of the weekly statement to be issued
tomorrow.
The Clearing House statement today was "a fol-
lows: EXchang s. $l5S,69i. 5j5; balances, S9'0ol,-
OIL.
The United States Treasury at Washington to-
day received Sl39. 900 National bank notes Tor re-
denptiOn. The customs receipts were So93,"OI'
and the internal revenue receipts SILL >.
The foreign exchanges are entirely deloraiizeu
bv the stringeucy Ill money; hence, ms there Is 10
demand foI bankers bills the reduction in rates has
no significance. except that it makes a lower price
for commercial bills of which bankers are the only
BUYERS. NOminally the quotations for actual busl-
ness are as follows Bankers bulls, 81 "a - Sha
81 S6lA for long and short sterling respectively
S. 81 and So 10 for francs; 944 and 9o@4 lOr
reiclmarks 10 and 4Ol4 for BUILDERS.
The London market for British consoiS was
steady ct 10! ZIG and 1Ol GIG respectively for
money and account. United states Is were of i
at 1913 cx interest and tho 412s were Is lower at
ia. Quotations for American rail ways were nom
Ing more than contemporary reflections Of prices in
the home markets. and they continued to rule from
l per cent for the w-prce shares 10 2 per cent for
the hicher-pri shares below the figures Of the
home market p. m. dispatch says that since
haf-rag: o'clock (ll:3C a. M here q strong down
ward tendency in American stocks, especially IN
Y tla1. ST
and there is much excitement This was q
response to the Sudden decline in our market OF
from 50 TO 81 for Lake Shore. No quotations were
gi zen for those late dealings but OF course tomor
rows opening will be responsive to the better feel
ing which at the end prevailed in this market. NJ
Paris French 3 per cents were of from 1S.S2i2 TO
7S.77l2 francs.
Imports of dry goods at Ncw-YOrk;
t,,,, q, tho ny, 60 1o1 A1I 81 100 oio a 81 N25