New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-21

The bank exchanges at the NcwNork Gearing House
ana the stocks sold It tn Nc"lo "i"c" tNeh'hSc or
week ended rce - 50 Dec 20 - Dec ~ ISL
No. shares sold. 2IlCj-G 4.Hl'.h'0 ",ii5.I-7
I'M, local money market presented nn new features
oauabic capital Is -u IN excess Of the demand and tho
and ~ per cent Ih'r" also Is E"ol inquiry Tor
mercantile paper at DJ per cent, according To dttc OF
Year Tor The rate, money 10 hnidrna corporIlous
Layn and dividends TO pay cce,sHriy nave to
utcpirc FOR disbursements ~ caut in ih" loaned ac-
foundations at This period -uce The last pay day aud
they generally sln such preparation In Cnrlstmns
ri,lo but the condition of thu bank reserves now war
rants the opinion That about per cent viii De III" max
imum Of ihr rirnlns process brt"crn now ana JAnu
ary l. After TINT tho money DISTURBED Tor interest ANA
dyidcad- qucay nlds s way ini" general cir'hhti"n
0licfcus trade IN all 60 pIrincuts, and ere long 10"
p@cN T." Goo t,,,n t,ro,d OF The 900 specie tu
,rfs lt-. week -s-1.l9~ gold nom Germany. The
~. -, .,.Orlcui md l,o.tnu are line
rrs adverse 10 This city. New OH checks were last
Quoted ~ III" ", rI.i' T. dsconnt: N@n"OTrai,,
81 % discount lot commercial and par Tor bank T.
' Ifon - cents premium Tho foreign exchange,
rnIcd strong inactive all the week. Rates for Acr
linz wcrr ivhncei - cent "nd ne dn"icnr" hr.wrrn
.i and GO.iay bills drucd cent by rue advance
of per ceht IN the Bank of LnganGS rate Tor d'couht
Pusual In the last days Of the year there Is little
n,t IA general merchandise outside Of goods suitable
20 Inc holiday sra-un But merchants are LOOKING Tor
van, o on examination 81 their haInccshcrtS Tor the
vc,r with feelings OF qualification which have not brrn
vncr.uccd IN the Last three years, and give expression
10 nrir hopeful auiGpaons for 1856 ~ tone oi great
CONFIDENCE Certainly their preparations for the bust
ness of next year give continuation "I hclr Drhe Ia
letter fumes One. II not the best, Indication OF
Il tho revival ~ the IRON tIhlc
1 recent improvement IN that Interest l. real ana II
nor a sentiment. For long time ai'cr srcl ldH hrGh
,n advance because OF better demand iron
continued to drop, and bu-lhoSH was so NAT
th. .utur al oldest and mdst experience makers
heads at sugg ~tlon7 81 improvements
The same gentlemen now are con,eryntlvey e"thuSa.,
at he And II IN" Improvement aitay
madc-nOt prices, but IN ton ana demand shan stay
II Is an indication, which 1t VIII DO well To take into
future calculations.
trr. the grain speculation is tho one DARK spot on TIC
horizon. II Is too late 10 question AT what price r pro-
already harvested II has been proven anu the country
has surplus Of 600 900 bushels for export II II
~ cyunrfe whatever II brings VIII add So much 10
The national wealth: holding IT. In elevators ana
cniiir each bushc the equivalent of gold nNcolar
,,i.cc any figure, ~ inpONcrshiug inc
E,tiou. IL now has been demonstrated that Europe
doe, not and will not take our wheat NJ our pres
perhaps II VIII not take II hltccn cents
lnycr. int II will figure, for every week II Is
taxing large quantes from Eastern Europe and lhdia
Nct sucrulatOr7 now are carrying foSooOooo bushels
Of wheat AT a valuation ten cents higher thhn year
AGO when tho visible supply was only 43OOO,OOO bnsh
~ and are encouraging the Western farmers 10 mona
hack their supplies with promises OF higher prices III
tho future An advance III the foreign exchanges 10
inns limo we are more likely 20 draw upon our
than our gold reserves 10 sct'Io
forcgn balance The receipts at the Western points as
,vc.E again " small, ard the movement EASTWARD
fem tbc,n was almost nothing. Eut despite Of small
rccnns Epccuaiors found II difficult TO hold the price,
and II closed the week with decline OF cents Corn
weak: rork OF 40 cents and lard - cents.
1ne recclpis and shipments OF wheat corn ana 0atS
t e principal Western points o. accumulation Tor Tour
weeks compare as follows;