New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-01-05
SATURDAY. Jan, 3-P. NJ.


The general trade of the city has been broken by
the holiday, and has not been active in any Of the
various branches of business; but nearly or quite
all kinds of merchandise are held more firmly, and
the prospects of cheap money and plenty of it lead
merchants 20 look hopefully upon the coming
Spring trade. Freights have been dull during the
week. and breadstuffs and provisions little better,
on account perhaps of the strike among the railway
engineers at the West which has interrupted supplies
temporarily The cotton movement of the week
shows increased receipts and exports over the cor
responding week of last year. with but slight yaria-
ton in prices on limited transactions. State Bonds
have been dull and inactive, while Governments
have been in good demand and show slight adj
vance from last Saturdays quotations. First-class
railroad bonds have been in active request at inn
proving prices. The gold market has been more
or less influenced by the bull spectators,
and the range has been 40 to 1llt, the
closing quotation to-day being lll2 which is an adj
vance of per cent upon the closing price on Satur-
day last. The market for railway and miscellaneous
shares has been unusually active for broken week.
and Indicates that spectators tor the rise antlcl-
pate considerably higher prices. The market yes
terday and to-day may properly be described az
buoyant The leading stocks upon the list
show an nr average we ADVANCE SS Oh coTpersS of
the closing prices of last Saturday with those of
to-day. and range of in Boston, Hartford and
Erie to per cent in Panama Railroad as follows:
Northwest Preferred. PERCENT ST. Paul Preferred,
81 Lake Shore. A. Rock Island, A.; Northwest
Common, At; Toledo and Wabash, 8, ST. Paul COM
mon, 81; Western Union Telegraph, 80; Central and
Hudson, o. Erie, %. Pacific Mail and Hannibal
and st. Joseph. each q Union Pacific and g., L.
and l. c.. each q Ohio and Mississippi, \, and Har-
lem, / per cent.
To-day the Wall-st markets close in state OF
buOyancy, a result of the renvestmentof part OF
the vast amount of money set aoat yesterday in the
payment of interest We have heretofore adverted
to the why the stock list should be active,
and we need not allude to the matter again
farther than to state that tho buying movement III
stocks has been general the special features being
New-Y0rk Central; Lake Shore, in which the divi-
dend matter is yet i'll the dark; North Western, in
fuenced by the liberal increase in the traffic
receipts for the year 1873, as compared
with 1872; Western Union Telegraph, in
which there is still good deal of talk about the
scrip dividend, and what is more to the point, the
belief that the Company is earning cash profits
which VIII be divided by and by Wabash, Union
Pacific st. Paul, OhiOs, {. c. and |. c., and Rock.
Island. These specialties have advanced from to
,. per cent today and the weekly range given in
table below Will prove of unusual interest. Alton
and Terre Haute Common bounded up from 1G to 20
to-day the Preferred closing at &c bid Panama sold
at ia; Fort Wayne at 90 d., L. and Western, 100 to
1907! and " Y. y. II. and Hartford at 1913. The gen
eral market wound up strong but at slight yield
ing in prices. The opening, highest lowest, and
closing prices of stocks were as follows: