Year: 1872




Notwithstanding the return of cool weather
the general trade of the city cannot fairly said TO have
shown any special improvement, although there was
rather more done than during the late weeks The vara
tons Of the week have not been important though slight
fluctuations visible all through the different mar
kets Breadstus have made slight recovery In prices
from the decline last week. both here and at the West


Flour has come in abundanty the quality and cont
diton being much improved. There was fair demand
for wheat but the supply has been restncted and prices
have consequently sfened up. In groceries there has
been very little change to note from our last report
rather larger business being done. In cotton the market
has hardly retained the better tone OF last week. and
though in early days slightly improved tone followed
good demand from spinners yet subsequently the mar
ket declined At the close the unsatisfactory prospects
OF the new crop gave the market stimulating
influence, and IL wound up firm on the
basis Of 2lfc. for middline uplands. The
total receipts Of all the ports during the week were Cl
bales and the exports 1893 bales. The business IN dy
goods has steadily improved during the week. and with
continuance Of the present delightful weather. BIDS
fair TO approach the proportions ordinarily noted at this
season. on the whole there is more favorable outlook
than was the case last week. and there are evidences
that despite the backwardness OF the season, good
FaI trade will be had. In domestic cotton goods the
slight reduction in prices has brought in some liberal
buyings but in domestic wOolens the demand Is hiuy
up to last season. In foreign fabrics there is steady
improyement in the demand and IN the volume Of Dnsl
ness The import lines continue high and tho amount
Of Goods lifted from bond is still high.


In financial circles the movements have been important
in some respects and frought with more Interest t"an
for several weeks In brief, stocks were strong ana
active; gold irregular, and Government bonds heavy
Money has been easier and the higher rates current last
week gave way to lower quotations and the uniform
rates on call throughout 405 cent This par'y
finds exclamation in the consequences following the
bursting up OF the grain corner in Chicago. As THIS nat
urally checked the shipments OF grain TO market IL
thereby also essened the demand for currency from the
West The shipments this week have been much inferior
to last though at the Close there was rather more money
being packed up for Western money centers. We
are glad in view OF the reduced condition
OF the banks as compared with last year, 10
observe more conservative policy pursued by banK
managers and officials Gold has displayed good deai
OF activity during the week, and the movement mas eA
cited much interest and attention. On Monday ioo"
ing the downward movement Of last week the price de-
cned TO l2A the depression receiving encouragement
from the supposed abandonment Of the concerted at
tempt to further lift the price, and the consequent SAFES
of the clique holdings The failure Of broBer-irln
long, Of gold and the closing up Of his contracts
under the rule also served to further weaken tne
market AS however large new short lines were
put out at each successive stage Of the decline
the market secured element Of strength In TINS
fact which later was felt In reaction In tne
price to ll31, when the "short" sellers commenced
10 take in their gold Much anxiety Is expressed anu
felt with reference to the proammeof the Treasury Tor
September The London market has had no effect on the
gold speculation The Bank Of England rate discount
continues at 81 per cent, the bullion showing gain OF
1900 sterling while the Bank OF France gained 20o0o
francs. The Government bond market been seadier
on the whole than last week. though prices made no I'M
portan recovery in sympathy with the reaction In gold
and prices at the close not far distant from those cur


rent last Saturday While the demand was especially
active, the offerings by no means liberal.


On the Stock Exchange affairs have nged somewhat
since last weekly review The cooler weather has
had the desired effect and operators are once more
active in packing up their trunks preparatory making
their debut in the speculative arena and with renewed
energies the large and small spectators will be likely
enough TO thngs lively In the stock market. The
week opened with considerable spirit numerous orders
to buy having boen received by teegaphchiefy from
Saratoga. This started sharp advance in prices.
aud with exceptions Of spasmodic weakness the rise
has scarcely halted There has been an increased
activity, and the advance in the leading shares been
from to 81 points Erie. y. Y Central, Lake
Shore, Northwest Common, Rock Island, st. Paul,
Ohio and Mississippi, C. C. and l. c., Pacific
Mail, and Western Union having taken the lead.
both In point Of advance and activity In the
miscellaneous shares there pretty fair business In
Quicksilver which advanced both for the common and
preferred shares The special feature OF stock specu


ton was Erie, which maintained the ponticn accorded
It some time aimee, chief OF the aerobatic stocks
In grand and lofty tumbnns. The stock has
moved ALTOGETHER In sympathy with the Lon
don quotations. and In the main. shows an
advance hero Of u Dor cent, the extremes be-