New-York tribune., 1886-06-07

rhe bank exchanges at the NewYork Clearing House
aud sold az the YORK stock Exchange Tor
week of three years compare "a follows:
Week ended !use o8 sqns ns 77 sS 9o sn9s 1fsS 3
40 shares s1d 2.io7.si6 72s,9o7 l,5S7.OO9
The loc. money market ruled easy all the week At
tween ! and 3 per per cent the prevailing
per cent ma COMMERCIAL paper passed east
is at 3 l2 cent the domestic EXCHANGES con-
iiuue 10 aIor New.York and some 81 100000 currency
was received 10y our banks, but with money 50 easy
mrut OF balances to draw money here. The foreign
exchanges were dull and inclined 10 weakness anu rates
were rcuc,i 10 cent Tor seriing anu propJrtonatey
for continenta.s The 100000 gold bars when
we're ensaged the r'esi'"g na,,S @geS a" wnSs rc.
Shipments did 20 to Liverpool on "Wednesday. hut
rnInr"s # The specie exports for The week ngure up
s2,253ASO. which includes The S3o247s American go
to Central America aud sl517729 Spanish gold
coin to nay"a A. the atn %p9. & nor, %, SpsGr m
last weeks amounts 0my TO S226OoO. t is an M
trresng question: Where did this spanish gold come
FRONT is ii necessary the Custom House to revise
ils reports of specie importsl
Last weeks steady progress ward improve ment In bu-
uoss affairs clo"ded by dark spot The importance
yesterdays e-up OF the railroads OF two cities ay In
It's demonstration that the organization which ordered
IL su possessed the wl If not the power 10 dictate to
employers whom they snal employ such claim IS Of
vastly greater Importance than Is The qu,s-
tion of wages. and therefore IL was not un-
that all NewYorS 0 ana BTSSE To y" wsTs re-
business That an executive committee had practically
business Of The Nations metropoi. must be suspended
interrupted AT their pleasure The same feeling OF
country the could convey the news The
peedy collapse OF the movement will go far toward re.
shaken. There was good recovery In the price OF
wheat-sone fve cents-and 1t IA satisfactory To note
that IT did materially impair the export movement
The exports or last week promise 10 loot up nearly as
large s for the preceding week. aud from New YORK Of
wheat and nour will exceed 100000 busnels
Tao outward movement OF cotton also continues hin
last week 7O347 bales, against 2O.356 for the
week OF 1855 making the total since September l
10000 bales tnan for the same period oi the pre-
ceding year In general merchandise he distribution
was fair for season, and manuIacturers are busy
with orders Tor future deliveries Tne coal iron ana
steel trades are III good FORM ana despite 1i
outcroppingss OF impending mscbief the iArge OWNERS
and happy with present business ana iuture
Tne stock Exchange market, last week developed
growing and broadening Interest Whhe Inc business
tho week did not average greater uaiy ,,1'n
ib.n In the preceding week. there was wider distilbu
s~ ~, 'hc securities dealt in. Tue reorganization OF
several properties now IN the hands oi receivers 'een
be n.rs making ors or es,
among the holders Of dersn classes OF securities wn
ihe made The senior grades are prone 10
mink that their interest Is sacrificed TO that OF the Jn
while th@ Juniors GENERALLY protest .nAt .n off of
equity first mortgage bond unIestion-by is sntii.u
10 ali benefits secured 10y the lD0risase pul IN oses
where coiupanes been consolidated 80 thit many
lines are combined under one management ana iho
various divisions long period Of time have been OPP
era led a. one system TO be tie doubt that
IL would re nnancal mistake for inc mrs.
bonds several divisions To enforce her cqi'"De
rights ~ the extent of dsruptng tho continuous syr
The proposed re1rkrI'oa oI ns Tue first and
second mortgages eight different divisions east Oh ine
MississppI iv-r from per cent down 10 per v"ns Ut
Tns II i. caiIDed s unjust aud threa,s are maus Oh r
s,sllng IT, The holders have before them 10 cievt
heller or not the no security offered with the whole
i'm, remaining intact will Dc of greater or equal Nhue
with what they would obtain by taking The Property an.
ousr.iue lt as eight different lines AnOtnor po'nt
A.. that most OF these hfst ana sccoIu
gage bonas have only few years longer 10 run
Ii,a..ronably n the bonds due aud me ii-
,srr. upon them al been dcfauited tie hoacrs
would gladly accept AN extended bond at per esns
The plan for the REORGANIZATION OF ho leAs
and pscidc Railway Company seems 10 be little uhdet
stnod ana there the same diversity OF horest W 10
and 10 protest that hore In All sucn schemes
The Wstar pan winch the only one offered propose'
the placlnR OF blanket mortgage upon the "nno psoP
srtv of the company, amounting to $4Ooooooo WHICH