New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-02
which sends their crazy craft shycring and reeing,
when they mmedasely han of 20 repair damages

which sends their crazy craft shiyering and reeiig
when they immediately haul oil 70 repair damages
by the invention of sophistries the redressng
Of old ones, and 10 the time Ia wasted and no
progress is made in the solution of tho great ques-
ton. Those who favor the further issue Of ire
deemable paper currency, either in the form
Of legal tender or National bank notes.
both tell US of the suffering South and West and say
that those sections Of great country ready TO
perish for the want of more money: but a demon
stratiOn like that of Senator SehurZ which 10
Us unanswerabe, that the measures proposed will
not help the South and West to the money they
want. but will only add to the already too
large supply Of currency in New-York. Boston.
and Philadelphia, seems TO have no effect
whatever upon their absurd clamor. The
trade in Government bonds for the week past has
been reasonably active at decline OF 10 per cent
in the various issues. Money continues abundant at
to per cent call and Al to per cent for inst
class mercantile paper, which is much sought after
by note brokers-rates which are unprecedented for
this season of the year and which are the result
of dullness in business, or, more properly speak
lag. the indispostion of intelligent men to enter
into business engagements in the present unsettled
condition of monetary affairs. In State bonds there
is very little change to note beyond little more
activity in those of Tennessee and Virginia. In rail
way bonds of the better class there has been well
distributed business at firm prices though the aggre
gate sales have perhaps been something less than
those of last week The railway and miscellaneous
share market has been duh throughout the entire
week, with the exception of little unusual activity
to-day, and prices have tended downward well
with the investment stocks the fancies. The de-
cline comparing last Saturdays closing sales with
those of to-day, have been from to per cent, viz.
Rock Island and Pacific Mail each ! per cent
IT.... l.at
ern Union Telegraph, each !; c., c. and
l. c.. Il. Erie, 1s ;'Hannbal aud st. Joseph Common,
Iii Lake Shore /, INVEST Preferred, Ohio and
Mississippi Hannibal and st. Joseph Preferred, Del
aware, Lackawanna and Western. and Atlantic and
Pacific Preferred, each Il; Northwest Common, 2;
Toledo and Wabash, 2I New-Jersey Central, %
Harlem, q; st. Paul Common, 3. and Preferred, 4
per cent. Panama alone improved to the extent of
per cent
To-day, the closing day of the week, was rather
more notable in point of activity than any OF Its
predecessors; gold however, being only steady, and
money in the usual liberal supply Ii was IN the
share market that the activity was observable and
in this department an unusual amount of liqUida-
ton has been going on, with the result OF
decline in prices ranging from ! to
Il per cent the general market closing heavy with
prices at about the lowest Of the week, more fully
set forth in our usual comparative table. The mar
ket has presented all day weary appearance as
though operators who had long stood long Of the
market in an xious expectation that Congress would
further initiate the currency. feeding out their
stocks to those who mi ght be hungry for them with
a liberal hand having become disguised with Con-
gressionai naction st. Paul was the notably weak
spot in the market to-day, various reports first
of threatened unfrendy legislation IN certain States
through which the road passes second, of non-rati-
fcaton by the stockholders Of the recently author
lied dividend in consolidated bonds to the preferred
stock and third of anticipated further issue of
common stock. While all these stories
need confirmation in order to justify be-
lief in them, they probably not without
their effect in depressing the st. Paul stocks. And,
to a market not over well supported the knocking
out OF such stays these affected other shares quite
seriously. Next IN point of interest were Lake
Shore, Wabash, Western Union, Union Pacific, and
North West. Investment securities were duh but
generally firm. while express and miscellaneous
shares were neglected. The opening, highest lowest
and closing prices of active stocks sold to-day were
II follows.