Abstract

The Week in Trade and Finance

July 23, 1874 issue

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The article presents information related to trade and finance in Wall Street, New York. The report of a second large fire in Chicago, Illinois, caused only a temporary decline and excitement in the stock market, and seemed to establish the fact that stocks were well held. The attractions at Saratoga drew away a large number of operators, and at times during the last four days of the week business was almost entirely suspended at the Stock Exchange, and the Long Room was turned into a "pool room." The weekly statement of the New York banks on Saturday was favorable--showing a still further gain of $1,034,000 in the net surplus reserve as compared to that of the previous week.

See Also:

STOCK exchanges; SECURITIES markets; BANKS & banking; WALL Street (New York, N.Y.); NEW York (N.Y.); NEW York (State); UNITED States
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