New-York tribune., 1872-07-29
SECOND BOARD-l p. VI.
sdles o, STATE Bonds-Ra Railroad B0nas-B.
AfaeEa
GOO Pacisc Mail 8
SATuRDAY, July 27-P. NJ.

The past week has been a very quiet one In
both trade and financial circles, the Wal-st markets.
presenting no interesting features, the dullness
OF this unusually dull Summer season c0ntln-
uing unbroken. Money has ruled IN such
abundant supply and the demand has been so
limited that borrowers OF money could dictate thelr
own terms lenders gladly accepting the lowest interest
rates though in some instances bankers preferred
rather TO suffer their balances to remain idle than
lend at the low quotations current. The extreme
range of rates II TO per cent the latter hgure
being rather exceptional. The chief business has been
at "A TO per cent The movement in Government bonds
has been restricted and the variations Of the week un-
important prices being on the whole well supported
State bonds have been quiet with steady tone to the
prominent descriptions except the new issues OF North
Carolina which we're weak. The action Of the Legisla
tive Committee OF the State OF Georgia, in recon-
mending the reputation OF about five millions
OF the State debt, has, In connection with
the past injudicous legislation IN other OF the
Southern and Border States operated to produce such
drust in their securities that speculation and dealings
are confined to few houses who make them specially
In gold the business has not been Of large proportions
and chiefly for commercial purposes, the premium
strenghenng at the close OF the week from 1t to ma
owing to unusually large specie shipments OF the
week With reference to the future OF the market Tor
coin much importance is attached to the operations con
nected with the indemnity payment OF the French
Government
late of the bullion in the Bank of England, amounting
TO above a2OOOO sterling, is supposed to afford reason
for anxiety as to the requirements from New-forK
should the outflow continue without entering into any
extensive details of the subject we may say tha inc
future course Of the price may depend in large degree
ON this foreign movement Local causes may tend 10
oounteract its effect here.
The stock speculation has been noted chiefly Tor s
tameness the small changesas reflected in our usuai
weekly tables below-offefing but little scope 1or
comment The tone of the market has been
in the main strong all the way through, the principa
movement being found in such speeialtles as racine
Mail Erie and NORTHWESTERN Common. To-day mas
witnessed the stereotyped ethargy so long dominant on
the Exchange the market ruling exceedingly stupid III
some of the leading peculatiyes higher quotations were
but in the Of the list prices were aDou
steady The market opened firm, and, under an advance
in North 765 the entire list gave signs OF III
creased strength NewYork Central reaching 9s3 Rocl
Island 1l2I and Co. c. and Indiana Central 5Gi In the
afternoon Pacific broke from ri TO 76 creating som'
CONSERVATION in the other shares, which declined Du
the favorable bank statement again came to the reer
the market which closed firm. The opening, highest
lowest and closing prices Of stocks were as IooWs'