New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-04-09

The bank exchanges at the New-IorI Clearing
House and the stocks sold at the Wy Orik StOcN
Exchange for the week of three years compare
follows:
week ending APrl 1870; Aprl9. 1Ss7: Arm / 1853
No shares aoi....- l.J2J, So 23iG4o5 2il7.1G9
u he FIRST week Of the new quarter has passed
without monetary disturbance, and It is now seen
Strluggncy. In fact rates for money on both
demand ana time became easier day by day during
the week as the effects Of Treasury and other
interest disbursements were felt more scusibly.
money on caH loaned a high as per cent On
Monday but Is low as - per cent By the
middle OF the week. The ruling rate was from
l-2 to , per cent Rates for time loans were
decidedly easier, and abundance Of capital was
accessible AT per cent and loans Tor the balqucc
OF the year commanded only - per cent. There
was better demand for commercial paper. re-
suitng in easier Iatcs The foreign exchanges
were weaker under the pressure Of bills drawn
against securities bought for foreign account or
ncgot atcd abroad The demand wa a tri0a better
toward the end Of the week but rates were not
mlch more than steady.
Railroad carnlnes for the fourth week Of March
show a con>de@ble folling-oG. rs he'd been cv-
TCicd. The Financial Chronicle COMPUTES
tn Loss IN the gross earnings of A. railroads ~
Ddf per cent, and for the month Of March the
loSs u - rairaads at !. to per cent IHc returns
Of net earnings for February chat have been Re-
ceived. have been unexpectedly favorable on the
other hand and in the case Of Union Pacific and
iew other COMPANIES the gain has been fairly
satisfactory. The earnings Of tie Central Rail-
road Of Ncw-Jerscy for January. which have lust
been reported. show q handsome gain In both gross
and net receipts
FRESH COURAGE N THE STOCK MARKET.
The dependency which marked the beginning
OF lIc week IN The stock market readily yielded
10 the fresh courage inspired b. the collapse Of
tne western railroad strikes. II was broadly
hlhlcd III TINS column ii week AGO that the labor
troubles at the West had a strong speculative
support, and il any confirmation OF the fact
was ncr1"d the sharp change i'm the market OH
Tuesday was sufficient evidcnc, II NAV now
be presumed either that the speculative purpose
OF the strikes had been accomplished or that
further attempts in that direction were causid-
cred extra hazardous. Other influence, and con-
dt0nS wcrc beginning "a outweigh In Tho cefi-
nHtOn OF wall street even q compiled, tenn
on the railroads west Of Chicago. A. all events,
the elasticity shown in the stock market after
proof that the labor troubles wcre losing their
predominant influence. The losses caused by the
strikes might be easily borne if the conseuu oncc
SHOULD De an end Oh dishonest railroad manage
mont. a legislative Inquiry might not ID. pro-
oucClNe OF lhe best results, but The shareholders
OF s.FeIal western railroads owe il 10 themselves
II hOt TO lhe investment public, to discover aud
punish collision between their servants and spec-
ulatiyc factions in Wall Street
The movement or prices since Monday was stnad-
iy upward and in many eases the losses OF the
previous weak were fully recovered. The Granger
shares naturally l,it the Stimulus most sharply,
but St Paul failed 10 regain H., decline of Tie
week before, although il closed 2 3-S uer cent
higher. Northwestern more fortunate in this
respect, rising nearly per cent while
Rock Island and Burlington and onincy cncn
cainCd per cent The movement was su0i-
fairly uniform. Reading was by all odd, th"
most active stock. the transactions i'm n bcipg
more than one-third OF the total business IL
recovered 5-s per cent Of It's loss of IA in