New-York tribune., 1873-03-20
WEpNEsnAY. March 1o-P. "

WEDNESDAY, March 19-P. ".
The movement at the Stock Exchange to-day has
been meager in extent and tame in character. The
morning business opened at slightly reduced scale
of prices compared with the closing rates of last
evening OH nearly the whole list the exceptions be-
ing few and of no special significance. There was
an active market at the First Board, and evidently
strong but unavailing effort to maintain prices. The
chief dealings were in Boston Hartford and Erie at
a decline of nearly one per cent, Pacific Mail at a
loss of one per cent since last night Western Union
without change of price, Panama at de
Election of Il per cent, and Erie and Lake Shore
without material change in either. At the second
board prices recovered TO the quotations of last
night with mmaterial exceptions. Quicksilver
made effort to revive its old mercural character
by dropping full point. ST. Paul had some lively
spasms but with loss OF strength rather than
gain. At the close at o'clock Central and Hudson,
Lake Shore, Ohio and Mississippi, Rock Island Fort
Wayne and Union Pacific had hardly changed
fraction from their several positions at the close yes
terday. Erie bad lost per cent Pacific Mail and
st. Paul per cent, and c. G. d l. c. Z per cent.
Western Union was the single exception to the
rule, having gained ! per cent. NOrth-Western,
though 1t staggered some yesterday and the day be-
fore, steady enough to-day to satisfy the most
ardent advocate of the temperance cause the entire
single bid of 81. 1t would be a mystery to all Wall
ST. how the holders of this stock manage to carry
security in such i'll favor basis for loans, if it
were not for the fact that the profits made during
the famous corner were so large to leave the net
cost of the shares to the cOrnercIs a mere baga-
telh. Yet they will not invite connection
in the market by reducing the quotations
TO 70 co. So any other price that might seem
cheap to the innocent outsiders. The Gould party
are evidently looking about them for something that
may create temporary interest in the stock If
they could accomplish something of this kind, and
put of only mOety of their holdings, il would be
as easy lying" at any subsequent time to break
the price down to 60 So and at those rates TO repur-
chase all they had parted with. This would perhaps
be possible if the old stock of fools had not been so
nearly and so recently exhausted as to bring us in
respect of the fOolcrop to position characterized
as between hay and grass Ii will be interesting
TO know what the greatest mind the business
of Wal-st has yet developed, il going to do about
it," After the regular call of the Second Board Erie
was altogether the liveiest stock the list so far
as number and magnitude of sales constitute lveli-
ness some 10000 shares having changed hands at
prices mnning from GIi steadily down to g. Boston,
Hartford and Erie shares find new activity in the
desire of holders to sell before the mortgage fore
closure proceedings shall have rendered selling i'm
possible, for nothing is certain than that the
present stock will become worthless if the property
is sold under foreclosure. Ii will be seen by dis
patch published elsewhere that Judge Shipley of the
United States Circuit Court has refused TO grant the
injunction asked by the Erie Railway 10 restrain the
Trustees of the Boston, Hartford aud Erie Railway,
under the BerdeIl mortgage from foreclosing and
forming new corporation. Harlem sold up 10 l39
and back to lSS. and Panama at 12Os0ll6lall0G1lS
survey of the entire field Of business to-day shows
much effort 10 maintain prices, bet without success
owing to the dearth of outside orders The market
slosed UP weak The following table shows the |