New-York tribune., 1886-07-05


II - true however tAe Treasury, Liabilities
fund held Tor redemption oi Nationa ba"k notes nov 10
SO 69J -2l aRaiAst only SAB l339j5 July !. ls-o.
me Orai money lharhet rued eisy a aDou Per crut
til 4nu -day. On that day there was unusual actV-
ity AMI business wa- lone II 96 per cent ani keep
uontIly as nigh as per cent lac cause OF the harry
the Of gold. out the sud eu calling IN
without nolce by every financial in,ttutOn winch
had July interest or dividends to pay Had money been
ruling a. % per oent the calling N would have begun
early Tuesday and borrowers would have made
their preparations Ior H. A, IL vas WIS a. po'ponru
the last moment ana had there been twice
mucn money 10 New-forS as tncr- Is, sucn sudden
changing AMI shifting OF loans would have created
mOmeut.ry furry. That was all There was On Friday
the were ana yesterday a. per cent and
the IN ilratIons tha money Will all sum
WHAT effect The greater expected ac.iyiIy gen
arveinpnenL The speculative fever gram aad pro-
10 nave oro~en out aesh AT the West and
II that gth OF time may absorb some or
srr mi i.y"rabe 10 N~w-York The foreign rxraanges
ruled tirlu at n-ures the Yesterday the
Inactive aud rates looked a htte soft. hut
y belny SATURDAY with two holidays to follow there
may he Significance IN tue seeining easier tone
The occurrences of the week 10 cOmn'rciai and mer-
camille wrte usually at this season amin
pOriani. OF course Ia merchandising. any improvement
al tns time matter Of scntimrat than actual
hut note ac"ntinurd growth 81 conndrncr III me
stability OF Valrs aud In pO-per q, autumn season.
The export ~ cotton coDiinu 1. ne o sa;iSiae'oy
pfop1rons last week there we're 5s-JZ Da.rs agans
- O26 Tor tne week of 1881 odt ne prices im
prove only t.e slowly Ihr Outso OF Dresdstun- was
smaller tnan 10 preceding weeks ana tue hng ma
we're rcport-d heavy. Estimates % our homo whral
prices nave stimulated and II looks as
II apecuators would marx higher ngureA The iron and
saIss orders. bus tue wnere tbcv prze-
ucaiiy have for four and they are on
trriy sa-ftctory the large The situation OF
the trse no ~evrr grows worse; why II does -
be- oud the comprehension or Large con
snmer because of IL Duy th-ir Coal cheaper ana
therefore SO for complaint. !al 10 under
st,n1 wny things are "a they arr. Delaware. L.cka
wanna and Westerns average at HODO2sn for tue month
Of May ~ 80 against - Il Tor May. 1850, And
uricrs now are some zoo % they we're
Ia May It charged that some OF the companies are
RESTRICTING tneir output to the alotm7nts aud INA.
the total production Tor the tnroo mouths since the
agreement will exceed tho allotment 5OOOoO
tonA LamsntaBie as IL Is. the situation seems 10 Do
gro wing critical.
AL The stock Exchange tho week dull one In ali
tts departmrnts There lsss usual ACTIVITY IN
RAJ bonds and Governments bonds, instead OF in
proving In Of that July yinyesIm1nt demand
were osisr s FOR th. 4ias aud y for the Is The trans
nct lous smIunt-d only TO l.lI2,too
.uzrrs AGAINST i.73o.G34 shares far the precod-
ing week ln other rosprcts the markets ol TAO
two w-rks much OF tho character Gouersly
prices within narrow rAnx-s aud were almost
sxeusIveIy creatures OF manipulation Ihere wts
even than the usuaI pArtic. patton of tao dAily
traders which sometines s~niis tho volume OF
business there other cause than tho Al 1ieC
20 smA prodIs. In we're prices opeoient