New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-07

Tic bank exchanges at tho NowIork Clearin; ho9sG
ana tho stock, sold at the NeWl DIX S1Hcn ''
Week ended Doc = 1851 &c O. ~ bee lss SS7
Inrro was little change IN tho condition OF the local.
money market during the week; az tho STOCK AcHhLo
principally ~, done between aud Zig per cent Ia,
tendency WINS toward lower rates because ~ Rbuhu"V
he turn OF tie domestic exchange toward tho close
OF tho week was asain.t tnI' .Jy; Il
n', ,r,,,scs NcwYork chrcKs we're last
discount 20 par Charoston par To y premium 80
orleans, 81 discount Tor oonHer' ,,,.co,i %'
ioayp 30 cents discount aud Boston cents premium
I 1r.,,r ctcb,pgos were quiet with only moderate
dsmand T bankers INNS but on tho other hand com,
nercnl bills were readily absorbed aud tho MARKER rune"
ngcr than week ago rates for business - 50 Z
and 3D. So respectively for long aud snort stelnnE
In oly moderate movement. OF enerAl
last week presented nothing that Is unusual to h sol
Aon the year. Tho demand for M ns e
fully equal 10 antoipdtiuus. ana inc tohc ~ VIC -, ,l,
generally Indicates -tcadincss and satlslacoh 10 m
dealers Staple goods are held Win nmheSs' anu pm nv
cloths made iurthcr AiFahee, III ,"oS -, 80 vbrh
usual result OF desire 10 close out ar'ceN Mnvm
next season will be out OF i'an,nn h ~ pnrUo.o
IN the willingness, 10 make concessions io' &
u cncctiug sales. Tho iron market has inSIo ti 49,
Improvement aud prices really some % cents I"
liner than A wecE ago; quotations In some instances
have been doomed 10 81 e. ~ 30 ton huNanco D1
there Is question that tho market shows siios w
ward tendency winch can only DC en1CA" " lin over
ing In ~ furnaces to an extent WhCh VII, Ss" 49,,
80
Eastern mills aud $50 for Chicago deliveries SVlo Va
| the mills already have booked orders eQial 70 'uo
amounts allotted to them upon the 7ooo00 tons "a,
for $50 and probable that tho mills NlIa
10 raise the production to l.OOOOOO tons inc Il ,
business Of the railroads and the higher rates Io
passenger aud freight which they are no" ooIl,I
and tho conscuucnt great improvement IN thrll ~
nre stimulating them tho purchase OF supPhe5 To-
Ucwas which have too long Uecn neglected. anu ..
the steel rail manufacturers may cOhuuSut'D :.
urosperOus times for tho succeeding tWeNo hvu'"n.
Compsraiyo duietness has re=ned In the cOal ~o, 20
was 10 be expected after tho close OF nhNlS1lo" nm
unuucatlOnably prices softer for lnlmeuINo
erie, from stock There to bo botler PioSIoos
than there been before for renewal Oh hohc SUI
| a compact between the companies for the cOnhL
IT, of COURSE Is not xpectod that the Ponhsy'"" ""
| road Will be party 10 IL. - ,o,,.cohla
| The commercial situation develops no noUceau1u
| change, although thero was some Improvement suo"
on the preceding weeks exports OF our prlncpA PU
ucts The speculation in grain because OF tnls
| higher figures, and wheat AT Chicago snow s nd
| OF about 3's cents, corn gan o. Tard 10 casieI
| pork a gain OF 10 cents, "hlo laru 49, n;
at a decline OF 2a cents Tho receipts VI ,rnast nj
the Western points OF accumulation "ero inc M 49,
either Of the preceding i've weeks hnd co.p. 90 Ia
favorably with preceding years only ia thaV 90
year Tho receipts Of corn were also ABOVE tho -,
either OF this or preceding years. Tho noyounn - 20
ward tho usual proportions iOr corn "u' ~
| mnrkably smatfor wheat and oats. go, .et,
Tho receipts shipments OF wheat, com ',u 90"
at the principal Western points of accuhua"o' l'' w
| weeks compare as follows: