New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-08-27

sav reclless disregard OF tho ultimate consequences
Conservative men have stood agape al the spectacle
and wondered capital entrusted Ia inexperienced hah's
had run mad It Ia estimated that during the week nc
tvs.p $4,000 and GOO0O shares OF stock which
have beeu in investors boxes from two to ten
vears were sold TO spectators who, instead OF pay
inn, FOR Them carry them by hypothesation Yet an TINS
stock has been taken. aud the prices oil tho cel Spve
I,tor shares have been advanced repeatedly Even te
ueht weights like Erie Ohio, Mississippi anu ""''S'
nous OF which show a capacity To take c'i' u
oue-haN OF their interest accounts claim ed rec
o,,ition ~ the "great prospective uture' ana
rrices there advanced smoothly, wabash 10 lV'o'
Tho peoulation still claims TO be based upon present ana
ro.poctive improvements IN general business ana .
consequent better traac FOR the railroads Ihis c"i"
has already found expression through e1HSEer1el IT,
ports OF the business doing Ivy the Central ana hu-'N
and Lake shore Railways, and reports from '' "a" -"
and Rock Island and Northwestern Roads OF hise
Gains IN the late Regarding tao last HE iii
n hrofoors has shown that these reports are Useless
.. pur,evors Of Information While 70 "a probable 'hal
tho r s are lust a. they reported ~ De- st IL o4"e
10 be- ao to reach q correct coneihsIoh ID % no'''s
fo know what are the extent of the losses since e '
of the last annual reports. TO DE overcome. A-lih
cesar, fp know the actual bgnrcs Of the cummings o
the week This ana of me CORRESPONDENCE 80 ~ va
wear to Judge 81 the significance OF Tue gam lVii
An rlav happen that the earnings during we coI.c
ponlug week OF last year we're Hhhsuiiy sli.,.4
h the company oDle to stale me duetchc'- t'' O.
A so able o. give tine figures for each year me
f,et mas they DO give thom sufficient GROUND ot
dairisting the slight information furnlsheu' N"e.
the large business reported Tor thc Central ana huu'ou
me d reported movements of produce ctc are more
likely o. Trustworthy chan ~ irresponsible aehr
OF sporuators although these sp'culators 90 hai'
be- oa,ia.s OF the COMPANIES. Tao following table SHOWS
the movement OF grain az Buffalo from Jul 10 angus
- inclusive ~ compared with mat during Tie same
time ia 1876:
RECEIPTS or ALL GRAMS At BUFFALO july TO AUGUST q
Bushels BIshelt Btlhe.s.
By r1..lold .... 3O76I'0 25270lo nc 257eio
Total reeeipts ....9 65s7u 1884 s9i inc. o,177,2J5
SHIPMENTS FROM BUFFALO FOE AMP rI,fZ
1875 1871 Differences
Bushels Bu.iels. 4.-lcl.-
Nv canal -5.tga. 090 Il 3u1.t54 inc Isl tS7i
Iy railroad .......48 8e 500 37S30a3 dec. l. 1857
Total shipments ..s a9295o I5.09GsiS7 inc 6.jJ7.5O5
The slightly increased receipts Of grain here shown for
a Inc fa !wavs entering Buffalo from tle VEST scarcely
offset The aimed single Ntta ny we iI fe4
sion OF produce, pork and lart 20 lhe 'aAe. ~ y NJ
rsar. thar an tac railroads running east IT ~ l'hAI'
Iyr actually carried ,2l6.-h4 bushels OF gram less nee
Ir.v ISIS ,rar than In 1870 besides sun ring equally
Vh hcIr Western connections 10 loss OF th- IfuiIe
r.. I iu view of these facts. these RAJ roads are
luiu greater business On. year thah ia5l he ''-7
$3.50 ti rsr t show I'D vhar 10 consists as well aa Co
uisl comparative statements Of the weekly carnaE@
is admit,d tlt the present STOCK S'eCuiinh p SUP
ported by greater Cou'lnat % " capital lh ever o.
il-a Was r-ad Iu Walist. THIS demonstrated Dog
t operations OF THIS week. Bnt There is an oil aiise
which says. "thcrc - uo greater coward iha ulHo,i
dolars cEccp, D. De Two bI-ons. ,.it W..
bold true Wlc. zinc Sam liu- ZIP % forty OF MY nioh-
OH. coward greater ln emergency, VIII
exceed t.gt Of The Mailer And as l is considered Ger
tain that 100 ruut some one OF tht com 1hHtou IS
fellows, Thus .c.tuus e,ueii- .tImat lo -l oui'
q disturbance oi marquis ana unHl ' t- ;iiiE % los'
te- s regarded WITH approximations of dire disaster
Inc purchases and sales OF stock iU. tne week 1Sl'-
gated L-oo.59- shares "4lch were uAusu'It wen IS
10ured, As aJ le seen Ia The suDo.ned table, showing