New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-06

goods and general merchandise, and it being
at time when the Autumn season should
be at its best, we find but few who do
not complain that business is unsatisfactory
Money continues abundant at cheap rates though
the price on call was advanced temporarily during
the early part of the week Good commercial paper
has been in active demand at 41206 per cent. In
State bonds there has been more activity and
strength in Vrginias while we have seen a very
good trade at firm prices in tirst-class railway
mortgages.
The stock speculation during the week has shown
more activity than of late, and has been generally at
lower prices for the active shares the depression
having been greater in the purely speculative or
non-dividcnd-paying stocks than in investment
shares The large sales of Western Union from SO
down for account as is generally supposed, of
a large speculative holder depressed its price to
77l2, and at the same time took away
a stay from the holders of less safe
stocks, which caused very general effort to g I'M
Load We have frequently called attention TO the
probability that each stock upon the list would
sooner OF later become dependent upon its own
merits for its market price, and the events of the
week seem TO sustain that thought. IL was not till
after Western Union had sold at 77l2 that 1t
was publicly announced that the consolidation
scheme for absorbing the lines of the Atlantic
and Pacific Company had been abandoned
ut is questionable whether the scheme has
in fact been abandoned-but Notwithstanding
this fact the price steadily rose to about
80 in the face of declining market for stocks on
the general list especially non-dividend stocks.
which seems to argue that however anxious the pub
lie NAV be TO get rid of the latter they are willing
to buy what they regard as productive stocks wnen
they can get them at prices they deem cheap Lake
tod, fhar, ot1
from the large trade and decline i'll it late IN the
week down to 5Gl2, the closing price. The large
business in this stock which is always
favorlte whenever il shows the least
signs OF activity is perhaps largely due
TO sales and rosacs between the smaller operators OF
the Board yet il cannot be doubted that cOnsldera
bic quantities of the stock have come to market
from real holders who have become Disguised with
its close corporation" style of management. par
ticuarly its present business so far az 1t can he
ascertaincd, seems to indefinitely postpone divi-
bends. Erie was at one time made speculativoiy
active. and advanced to 17l2. 1t is scarcely DeceS
sary TO say that Improvement i'll this stock Inns
be due mainly, if not entirely, TO manipulation.
The Northwestern and St. Paul stocks have
been fairly active, and have declined from
to q, per cent. The business Of the week has
been over 900 600 shares, nearly double that OF
a
ranging from Il to 4si per cent, the largest decline.
as will be seen by our table, having been in West
ern Union Lake Shore, and Michigan Central. Com
pairing to-day final prices with those of last Satur-
day il will be seen that Wabash has declined i per
cents Rock Island, 81; Quicksilver and Fort
Wayne. each L.: Missouri Pacific, os: Pittsburgh
and NewJersey Central, each 81 Harlem. North
Western Preferred, st. Paul Preferred, Delaware,
Lackawanna and Western, Pacific Mail, and Quick
silver Preferred, each Union pacific and Hannibal
and st. Joseph, 1l2; ST. Paul Common, 49, North
Western Common. 2ll Michigan Central, $780,
Lake Shore, A. and Western Union IA. New
York Central has gained ls, and Erie per cent
The suIjoined table shows the highest ana lowest
prices of railway and miscellaneous shares, United
States bonds and gold made during the week as
well as the closing prices of each at the dates under
mentioned and the number OF shares of each stock