New-York tribune., 1875-02-08

Great Britain, in addition TO her own UNUSUALLY
large crop, has since Sept l. 1874, imported over
2OO0000 bushels more Of wheat than at the sssns
period last year. Thus 1t appears that the orders
which are constantly here TO buy at limits specu
latIve and based upon the prices IN the British mar.
kes and that any decline in the price here IL imne
diately reflected in a decline there. causing cable
revision of orders and reduction Of the limits This
has been aptly illustrated during the present week.
in the advance in gold between Monday ana
Wednesday of fully two per cent while wheat AZ
the same time made decline of over two cents per
bushe and scarcelya single article of export except
perhaps cotton is as high to-day as one week ago.
In trade circles business of the week has gener-
ally been dull and unsatisfactory, though a Slight
Improvement reDorted III some quarters IN dry
goods especially in desirable lines Of domestic
cotton goods and fayOnte styles of Spring woolens.
But the with which traders purchase IL ono OF
the hopeful signs Of the times and the annual re-
port of commercial failures. just published by Messrs.
Drn Barlow IL Co, shows the conservative char
acter Of traders throughout the country. OF 6j901
persons and firms, comprising merchants. manuiac-
turers traders and bankers. only $3.50 less than
one per cent. have failed during the year; and al
though this Is increase the number
of failures over those of 1873. the Gross
amount involved in these nsolvencies "a
less by more than s63,OOO.OOO than that Of 1873
United States bonds have been strong during tho
week and show an advance from last Saturdays
prices Of to per cent. averaging nearly pei
cent. Gold opened at 1l3i went up TO ll5s. and
back to 1lis. showing an advance as compared with
last Saturdays final price of Il per cent. Exchange
was hicher during the early part of the week tor
short bills but later became unsettled Southern
State bonds have been in moderate demand 40
slightly improved prices, and railway mortgages
have been more active at advancing quotations Tor
the best grades The most marked improvements
having been in the Union and Central
Pacific issues which seem 10 be favOrites
among investors of late. The weekly bank
statement issued to-day causes remark.
not so much on account of the decline the reserve
winch was expected as for the large increase in the
items of loans 81 900, the puzzling question be-
ing in the present state of general trade, upon whas
has this large accommodation been granted Upon
the stock market the week has been one Of unusual
activity marked with strongly bulllsh feeling
early in the week and with depression and dullness
at the close. AS more than intimated one week
ago, the market at the time was made to respond
to skillful manipulation rather than to natura
causes. and the movement seems to have been par
tally successful in far that by wednesday the
floating short interest has been pretty nearly driven
out of the market at about the highest
prices of the reaction, and the average
Spectator had turned his coat. become a bull.
and looked anxousy for a further rise which did
not take place. but instead the market has steadily
dropped since that tonight the prices Of the active
stocks with the exception of Union Pacific. whioh
holds Its advance with tenaclty which indicates
real business, average lower than on Saturday last
The subj0ined table shows the extreme fluctuations
in United States bonds, the leading railway and mis-
celIaneous shares, and gold. made during the past
week as well as the closing quotations Of each at tho
date aforementioned also the number Of shares Of
each stock sold: