New-York tribune., 1874-09-07

travagant living should be essentially diff
ferent from that Of the great panics or
commercial crises that have preceded IT,
So at the risk of being called croaker,"
we have been unable to see how the country could
recover from the shock of the panic in six months OF
even in one year. With all the economies thatm be
adopted by the consumers of merchandise the sup
plies in hand must in time be exhausted. and trade
must by and by improve, and judging by the sparing
and prudent manner in which retailers make their
purchases the improvement when 1T does
come will be heathful. There has been no
change IN the monetary situation. d superaoun-
dance of currency still seeks employment at to
per cent on CALL q being the more general rate ana
to for first-cass paper, condition OF the money
market quite inconsistent with active and healthful
trade. 1t is hopeful sign however, that the BANK
statement shows an increase of even only three
quarters of million in the line of discounts United
States bonds have been firm on q moder-
ate demand Tho American branch of the
Syndicate, who took portion OF the
United States five per cent loan and obtained re-
fusal of the remainder having announced that they
are ready to supply those who may desire to invest
i'm this security we shall probably soon see whether
the prices at which they may sell the bonds VIII
Justify the Syndicate in taking the whole loan'
Gold has been quiet during the week with range OF
10 and 109s, closing at 1093. which was the exact
price at which it closed one week ago. The move
ment in State bonds has been very quiet
one with limited demand for the issues OF Nlr-
ginia and Tennessee. In railroad bonds there has
been little more activity in the better class OF
mortgages. In the railway and miscellaneous snare
market we have had more activity and In regard 10
the larger number of active stocks upon the list
higher prices have prevailed. The strongest stocks
Ir,.,,, II oil ratah
and Union Pacific, the former acquiring strength
from the recently announced quarterly dividend
and the favorable semioicia publications as to the
financial condition of the Company, and the latter
from the success so far in exchanging its matured
income bonds for the new sinking fund mortgage
bonds Next to these for strength have been Pacihc
Mail New-YOrk Central, Lake Shore, and Harlem.
Erie has been active and huctuating, having been
mainly influenced by the London market The
range of this stock for the week has been 32s and
3j!. The weakest stocks upon the list have been c.,
C. and l. c., New-Jersey Central, Wa
bash, Northwest. Rock Island, Hannibal
and st. Joseph, Delaware Lackawanna and Western
As far as can see, the street Is to-day as much
befogged in trying to determine whether the next
tip in the price of stocks will be upward or
downward as at any time during the Sum-
mer The advance in prices for the
week, comparing tne CLOSING quOiaIioiiS to-
day with those of last Saturday, has been from to
2. per cent as follows: Panama, J.; Lake Shore, =;
Harlem, and Ohio and Mississippi each L; N. Y.
Central and Quicksilver, each II Pacific Mail, 49,
Erie 2; Western Union Telegraph, %: Union Pacific,
q. and Quicksilver Preferred %. The decline in
the other active stocks has been from to ?. per
cent, viz: North West Common, per cent; North
West Preferred Rock Island, and d., L. and Western
each Wabash, II; st. Paul, II Hannibal and St.
Jo. II; N. j. Central, l.; and c. G. and i. g.,
p. The subjomed table shows the extreme
fluctuations in United States bonds, the leading
railway and miscellaneous shares and gold made
during the past week. as well as the closing quota
tions of each at the dates aforementioned: