New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-09-18

wears: but those who look for return Of the active
times OF anpanioyears will probably be doomed TO ds
appointment The great obstacle 70
steady and gradual improvement is specnia-
lion which receives uou5tant encouragement
from our still demoralzed currency Already
wheat has been bnllcd" aBoye the shipping point. as
witness the exports from NewYOr t0f the past week. TO
wit 900 bushels against 100000 for the correspond
ing week Of 1875 also the receipts at Chicago for the
Same period Of only $4,000 bushels this against s3O
600 year. II the folly Of last season IN holding back
orr wheat crop or clrrying It speculation because Of
easy money" Is TO he repeated the country VIII have
to thank the Independence" Of "legaLtender"
monetary system for continuance OF dull and uncertain
tmes The business Stock Exchange during The week
ending with to-day presents no new features INC ma
ority Of stocks still blocked and the MARKET so Tar
rs possible worked entirely upon tho milling process
Cques wonder why when much ia said aud written
about the iinprovenn in trade tile pubc DO not come
TO market az buyers of Stocks and thus relieve theln OF
that which they HoId ready SELL Perhaps the public
may have arrived a slight appreciation Oh the Ecs
that railroad properties and assets have been s1Dece 70
the same depreciation those OF an Individual aithoush
they inVoieed higher valuation IN each succeeding
annual report Again. the recent experience OF portion
OF tue public who bought NewJersey Central as ABOUT ~
because it was thought be "ebeap" has not been eOn
duciye TO repetition Of the experiment with shares
representing property much further away The frther
sharp decline III the coal shares which Occurred early I'D
the weel-Deawafe, Laokavanna aud Western 10 13is
Delaware and Hudson to GAIA Morris and Essex TO 3d.
ana New-Jcrssy Central to 232had depressing effect
upon the bulls" in the general market, and
rher STOCKS sympathized from l TO per cent
But later cliques, recovering courage took adya1
tas of the OversOld condition OF Tao coal shares and
making bold dash at them advanced their priees 80
rapidly that the bears became frightened, aud there en-
sued general scramble 10 buy, which extended through
the whole list Delaware, Lack0wanna and Western
Tal nal nj
Essex 10 90 anu Jersey Central to 32 In the general
list all the of the r5t part OF the w6ok was rcgahed
and in some Instances Or per oent more. 5uoSe-
quently with the exception of New-jefscy central WINCH
decliued 10 207s the coal shares were com2arauYey
dull ana ncgestcd as the short interest IN them had
been pretty eecCuy closed up. Consolidation Coal has
declined during tbs week 80 TO 80 without Attract
ing the attenu Ia OF spectators. Lake shore hts
uctlaed between 50ls and 54l, sn1 closed tho week
heavy at 53l2 The GTGngersNorthWests and St. Panls
toward eud of the week we're perslsently weak
special cause for which, perhaps, may be found III the
foreknowledge OF an announcement OF the failuo OF
the Milwaukee Iron Company, with liabilities
OF about $2OOOOOO. Rock Island after rising
from IO4Ts 20 1862. steadily supplied TO buyers
down 10 los. Central and Hudson was unusw'ily
active 5000 shares having sold nom 1862 TO lO2 eH
dividend There esO a renewal OF the disposition I'd
put out 60 day sellers option at per cent below the
regular price. Erie ut time was threatened with
another Mt aoh OF reorganization" ana had the ar
pearance possible advance OF or per cent but tue
later symptoms favorable to cOnposure II Is anus
ing TO be seriously informed that the bOndhoidels
have not the slightest objection to the s'ocz-
holders further improving their security by
payment Of Sc per share. new moyem III
WIS made in Paelfc Mail that carried It's price fon pos
20 23a IL Is Improbable that IL has already sue
eeeie in reducing some ones load because the ihlih ID
its further advance IS quite general Ohio ara Misss-
sppi improved l. per the removal Of the DOUBT
concerning the conpany's payment Of its October ih-
tcrest Western UEiOn. after at fret receiving the
announcement of the liz per cent quarterly dividend
an IN nerent manner. advanced 70 7Sis but closed e
72ls
with tho exception OF perhaps much reduced snort
interest the week closes with conditions Of tue spec
uIatton aud positions of spectators not materially
changed from what taey ems week ago. The
following table shows
rap WEEKLY rance OF FRrrEs.