The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-18

being almost impossible to obtain q sufficient
supply OF certain classes to Ill orders. United
States currency skies. 1884 1l39; do. do, 1881,
registered, l17N 49, do. do. do, coupon, hay
O ll9x; do. fve-twenties registered. May and No
vember, 116% III; do do, 1852, coupon, do, III
all7k; do. do 1854 do, do, 1l7t 117k; do. do,
1856. do. do, 1lSK llsx; do. do, 1867. regis
tered January and July. l16x NIX; do. do, 1855,
coupon, do, ll7A INK; do. do 1867 do. do, 11sx
a11sH; do. do, 1868, do. do lis l1sk; DO. ten
forties. registered, 1l2H . l12K; do do, coupon,
ll55s l152 do fves OF 1881, coupon, 1l4X 114X.
TIE STOCK MARKET.
The very erratic course of fluctuations in various
stocks during the past week illustrate the unset
tied condition OF the market and the necessity Of
the presence OF both leaders and business to Keep
1t at the level which IL had attained in the earlier
stage OF the summer speculation. II was apparent
that strong "bear" influences were exerting their
power with more or less OF success and but for the
strength OF certain stocks, which seem TO have
acquired the confidence OF the community and re-
sisted fair amount OF pounding, 1t Is by no means
certain that the decline would not have been
greater than is recorded The existence Of
EXTREME CAUTION,
II not OF feverlshness, manifest, and hence the
dealings were comparatively moderate. This feel
ing was somewhat aided late in The week by the
much more stability and power on the part ofthose
who are specializing in the same than they have
been credited with. The adroitness OF their ope-
rations the mystery that surrounds their move
nents and the fear that at any moment they may
"draw their netn and catch unprepared dealers IN
stock, have caused conservatism among all who are
at work In mere "fances." Nothing, however,
seems to point to o 'squeezer in The near future;
but it would be unsafe to assume that when the
natural tide OF commercial events belonging to the
FAN are such as to be successfully combined with
the artificial influences under the command OF these
large holders OF dollars that are good the world
over-of the only security that pays interest and
customs. and, to q considerable extent, the balance
OF trade against us--we say 1t would be unsafe to
argue that in such juncture It would not be we'll
to ''stand from under"
THE BEST SUSTAINED STOCKS
of the week were New York Central, Lake Shore,
Western Union, Harlem, Panama and G.. y. and I.
O., each, however, being more or less the subject
OF depression. Central fell or from 1861 to 1O4a,
but recovered to 1865. western Union receded
from OAK to Ok, rallying to o., but at tho close
selling at ok. Harlem ranged between 1915
1917. Pacific Mail was eccentric, going from 402s
to AZ a 3s2s, q 41X, q 40A, a 4ozs, a 401s. S81s
Panama sold at ia Q 11616, with late dealings at
1l5A lis. Lake Shore declined from 95 TO 93%,
advanced 10 94ai and subsequently sold at sa's
s34. st. Paul was weak in consequence ofthe non
declaration of the usual semi-annual dividend.
Northwest common sympathized with the general
course OF the market; opened OF es, touched Its
lowest point at e5%, but sold at the close at e6a
O., G. and l. G. was firm at 82x 50, at SIX o 80.
Union Pacific lost about per cent.
The following table shows the extreme nuctua-
tons for the week In the leading shores:-