New-York tribune., 1875-07-14
= FROM 2l2 O'CLOCK p. VI. TO CLOSE or BCsI-
Nr-ss 3 n'CLDCK z N.


There is no great difficulty in giving good reason
for the extreme dizziness at the stock Exchange. ana
we NAV accept the Saratoga boat races as the most
probable, although many of our Leading spirits N
Wall Street scances still lingering round their
old haunts, if ready 10 " materiaiize' upon very
sight provocation. Prices of the more prominent
stocks have generally settled down ,itile under
ills stagnating influence and the thrObs OF the
electric stock repeater have been feeble and
Intermittent; but there is stronger tone
In the very moderate transactions than Is usually
developed when stocks are left they are now, ap-
parently, with one two exceptions, 10 take care
If themselves. There is very little gossip III the
streets, and those active and industrious lei
lows who always getting points" find Ii dlIl-
cult to furnish their customary budgets Of informa-
ton How long this quiet spell will rest upon the
market we cannot undertake to say; hut after a
reasonable delay il will be safe TO predict greater
activity Wall Street operators cannot rest long
IN idleness Fluctuations necessary to
the brokers az changes in the weather are
vital 70 the harmonious workings Of nature and
when dulness regns for any length of time these
restless gentlemen viii seek elements of excite
ment in change. The prevalent feeling s moder-
ately "bullish," mitgated by Summer heat; but 1t
shows itself in sustaining present quotations
than Ill trying to improve upon them. Tins is not
necessarily uIfavorable to a rising market in the
near future, but is somewhat discouraging TO the
more sanguine operators who have hoped to keep
up milking process in the market until the Autumn
brings larger harvest. The market opened
about steady, and has remained dull all day.
the aggregate business at the Stock Exchange
amounting to only about 10000 shares of which
more than one-haf was done in Western Union and
Lake Shore. Decidedly the most active stock has
been Western Union and its friends still express the
most entire confidence in further rise in the price,
based mainly upon the facts that 1t has
provided for the redemption of its maturing
bonds, which the Company is now prepared
to anticipate by taking IN those securities
at par and accrued interest that 1t has substan-
tally arranged for lease of the Atlantic and Pa-
cifc Telegraph itsonly troublesome rival, and that
the Company is earning and paying per cent quar-
terly or per cent per annum Lake Shore, aIter
selling up TO 59i and down TO 5sSs, closed ut oes
The business in other stocks was very small. and
in addition to our usual table showing the variations
in prices it is sufficient TO say that, compared with
last nights closing prices. NewYork Central and
Lake Shore each advanced Is per cent North est
and st. Paul each Il Erie ss; C., C. and l. C.' .
and Hannibal and St. Joseph and Harlem each =
per cent and that Delaware. Lackawanna and
Western, and Rock Island each declined ie per cent
Pacific Mail and Wabash each 4 per cent
Western Union Telegraph, b: Quicksilver and
Union Pacific each Il. and Mariposa- 1A2 per cent.
The opening highest, lowest. and closing prices OF
active stocks sold TO-DAY viii be found in the follow
ing table,