The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-09-08
FINANCIAL AND COMMERCIAL.
The Stock Market Quiet'-Prices
a Trihe Fir1ner.
GOLD STRONG AT lis.
4 London Sensation in Erie-MOney Easy at
1-2 Per Ceht-Railroad Bonds
Strong Gossip of the Street.

7. NJ.
The stock market to-day WIS undisturbed by ru-
With two exceptions prices
fairly maiptained. The principal decline was shown
IN Harlem, which, it is said, affected by the
port Of the RAPID Transit Commissioners locating the
proposed line. The opening figure 1872, from
which there a fall to 100, and recovery TO l3l.
The temper OF the street not favorable to an active
market and the prevailing disposition is 10 wait upon
The developments OF the trade Much distrust
continues TO exist financial trouble is antci-
pated and the outside community keep aoot The
market is thus left to the brokers, by whom the
prices from LAY to day are established While good
dividend paying stocks will always command the
attention of investors the weakness of the non-div
lend paying securities coupled with the example of
hose which have gone to the wall, is calculated to
rchten prudent operators and drive business from the
nrcet Indeed there those who believe that it will
many years before Wall street will again present the
Iccne of remarkable speculative activity of which has
been the theatre during and since the
DOWNWARD,
and he Is unquestionably wise who waits The
rom California is encouraging. What is known as the
Liile Board OF San Francisco opened yesterday and
business transacted without excitement The fol-
lowing the prices for OF the mining shares:
Becher, 81; Crown Point % California, 81; Gould
Curry Il; Imperial, s; Julia 16; Mexican, 16S ophir,
"; yellow Jacket CO. In another column will be found
telcgraphic card from Mr. d. o. Mills President OF the
Bank of California, in which it will be noticed that he
axes hopeful view OF the and indicates, be-
POND pcradventure that notwithstanding the default OF
Mr. Ralston his predecessor, the property left by him
than sufficient TO his Indebtedness to the
institution and that the latter will resume with its
nrcngth unshorn at early day In the gossip of the
urcet was stated that the treaty arrangement be-
.wccn the Rock Island Northwestern and Burlington
andO On n of he
tween Chicago and the Missouri River affecting
Immediately the connection with the Union Pacific at
Omaha, is soon be terminated. 1t is doubtless the
expectation Of another arrangement favorable to the
Northwest Railroad that has led to the quiet buying of
The stock of the latter its advance to-day and probable
movement for higher figures hereafter
STOCK MARKET.
The sales amounted SO 900 shares which, among
the securities distributed as follows:
New York Central and Hudson, 200; Erie 1900 Lake
Shore 80 600; North Western, $780, Rock Island $50;
Pacific Mail 10 400; ST. Paul. 1900; ST. Paul preferred,
$500; ohios, 300; Western Union, 1855; Union
Pacific 700; c., c. and l. c., 1oO Panama, 200;
Harlem, 2,125. OF these Lake Shore was the
leader, opening at 57H, reccdng quickly to
56ss but recovering toward the close and ending at
b71.. Western Union advanced from 1874 TO 79%, and
closed 10 1t is said that large number of puts
out and consequently that the market may be
taned about these figures for several days. Pacific
Mail spite Of reports concerning the condition the
City of Picking and the cost Of REPAIRS firmly held,
md advanced to 10, closing 37h Panama rose
from 135 to 1885, Atlantic and Pacific Telegraph sold
81 4 and ended at 20E New York Central at los a
1O4ss. Eric steady at 1875 16A do. preferred
341i. Missouri Pacific advanced from 4614 to Az,
closing at AZ. Union Pacific firm at 70 a 1871, the
asking price being AZ Northwest common ranged
between SO 39a, with close at 397S The preferred
stock sold at 55lS a So st. Paul opened 1T
30 and closed at 36A selling meanwhile at 361S. The
preferred stock marketed at 631s Ga 81 The
other changes unimportant.
OPENING HIGHEST PRICES.
The following table shows the opening highest and
lowest prices OF the day.