New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-09
Ess. 3 O'CLOCK z. NJ.
SATURDAY, Aug. 7-P. VI.

The opening week of the Autumn trade has not
equaed the general expectation. Indeed it Is doubt
full if the business outside of the grain and specu-
lative markets. has much exceeded One-half that OF
the first week in August, 1871 The specula-
ton in wheat has made further progress,
although exhibiting some weakness at the
close. Again the Chicago market has led
in the advance and has been relatively higher
than the Eastern or European markets, notwlth-
standing a very large stock in store there against
comparatively small one at New-York; but there are
estimated be the lakes and canals, bound East,
about ZOO, 900 bushels and about 300 600 bushels
on the railroads The shipments abroad show con-
siderable falling of from the business two weeks
ago which natural enough in view OF the fact that
the home markets command relatively the best prices
1t is yet too early TO estimate with any
reasonable degree OF accuracy the extent of
damage TO the crops caused by the recent floods
at the West In financial circles the week closing
today has been remarkable only for dullness the
principa activity exhibited having been confined 10
the operations of the rumOr-Ongers, some OF whom,
il is ntimated are likely TO come Ia grief on account
of their too free use of the good names OF business
men, United States bonds have been strong on
limited trade and show advance OF y TO per
cent since last Saturday. in sympathy with an adj
vance in the gold premium State bonds have
been inactive, with material fluctuations
in price. while there has been lively
trade in railway mortgages at advancing
prices especially for Of the Northwestern and
St Paul issues The Paciics have also been active
at firm prices We have had little more activity
in gold with more than the usual fluctuations In the
premium, which rapidly advanced frum l2Si to IA
ON rumored failures aided somewhat, no doubt, by
the covering of shorts if not by clique manipu-
n-lay af
- AN advance of per cent for the week The market
for foreign exchange has been frmer, with only
very moderate supply of commercial bills. The
trade in railway and miscellaneous shares has been
pncommonIy light even for midsummer. owing
partly TO the absence from the city of spectators
and somewhat TO feeling of doubt as to the future
of nrces and consequent ndlspOsltIon To take VEN
tures either for the advance or decline. Inc I'M
presson that we shall not see any considerable ACTIVITY
in the stock market during the present month seems
Ia he unite general in the street The market was
ouet and steady early i'll the week and later declined
from, Tn 2 per cent under the influence of reported
failures which followed each other In rapid success
sion for 4 couple of days When II was subsequently
discovered that these rumors OF financial disaster
were the pure inventions OF mlschlef-nakers the
stock market became more confident ana recovered
some portion of the decline, though prices are In
the main from y 10 pei Och' pS'o" '"'N
of last Saturday The business OF the week
amounts TO the purchase and sale of only 377 500
snares. of which more than 100000 were IN Lake
Shore. Western Union, Pacific Mail. Ohio and MIS-
sis,ippi and North Western. Comparing last satur-
davis closing prices with those OF to-day, we md
that Erie. Wabash, st. Paul Preferred and c. [. ana
!. C.. each declined l. per cent; New-York Central
and Illinois Central each Ia ST. Paul Com
mon. o.; Delaware, Lackawanna and West
ern II: North Western Common %; Union
Pacific q: Pacific Mail and Marlposa-
each "a; Ohio and Mississippi and Missouri Pacific'
each 1: Panama and Western Union Telegraph
each IL; Atlantic and Pacific Telegraph
10. Lake Shore and Hannibal and st. Joe, each
q, and Michigan Central, per cent On the other
hand Rock Island advanced Il per cent; cleveland
and Pittsburgh. 81 Atlantic and Pacific Preferred
g. and IN j. Central 81 per cent The sub}oined table
shovs the extreme fluctuations in United STATES
bonds. the leading railway and miscellaneous shares
ar we'll ~ gold and the closing quotations OF each
a, the dates aforementioned. also the number OF
shares Of each leading Stock sold:
For the h.----Closng No shares
Hisb.sI Lowest Aug 7. July 81. sold
=. . a, 700, .o,n IslA. I2OJ. 12U't