The New York herald., 1875-08-19
The Stock Market Dull and
Prices Irregular.
GOLD STRONGER AT 119 SO.
Government and Railway Bonds in Fair
Request and Steady.
FOREIGN EXCHANGE WEAK.
VAIL STKEET,
WEDNESDAY. AngnsL lS-G Z. NJ. [

WEDNESDAY, August lS-6 7. NJ
There was little in the stock speculation to-day to
courage operators either side Of the market The
changes were within q range of per cent and the deal
ings indicative of disposition to await further deve
opments Few outside orders received and bro
kers continue to complain of dulness that is demora
azng Indeed if one may judge from the financial con-
dtion on both sides of the Atlantic the concentration
of money in the great centres the absence of faith the
falling of in the productive industries and the more
rigid measurement that is being applied to the value of
everything that is purely speculative character is
safe to look for smaller volume of business during the
next five years than has been any similar period
since the The people undergoing a revolution
of ideas. Never before have they been much edu
Gated in the practical lessons of finance as
they now. The losses that have come home to
every and force him to study the cause make him
"a political economist, though it may be small
scale. Thus the country merchant is becoming more
cautious in his transactions buyer and seler the
Jobber more carefully than usual scrunzes the paper
with which he has to deal, and avoids the danger of
again overlooking his warehouses with unproductive
dine Of goods the is learning how econo-
mize while the aborer finds that eventually he too
must succumb to the inevitable and hard as it may
seem, yield to the demands of capital that has been
choked and restricted in its employment by the various
which have affected the enterprises of the coun
TRY So step by step, are receding toward lower
plane of prices, and it is to be hoped healthier basis
of national prosperity
THE MARKET,
dn nearly all of its departments irregular This is
especially true ofstocks. Western Union Lake Shore
Pacific Mail st. Paul and Northwestern were
hhe most active. The sales of the day were
little more than $4,000 shares Owing to the
termination Of the railroad war; in which Hannibal and
st Joseph, Missouri Pacific, Atlantic Pacific and other
Zines involved the prices of these securities were
stronger An advance in the rates paying basis is
announced to have taken place. Missouri Pacific sold
Mt 1875 Atlantic and Pacific preferred closed at 10
a. ST. Louis and Northern at 515 tx and Kansas Pa
c1c at II 12h Kansas and Texas was bid for at 51S
Pacific Mail Notwithstanding adverse that have
been published concerning the City of Pekng was
strong advance from 38k to 3S7s 3SS, the last
being the closing price, Western Union opened at S4
and receded to 1884, ending at S3zS Atlantic and Pa
ci1c Telegraph opened and closed at 81 Union Pacific
sold at 73 st. Paul preferred advanced from 62H TO
62z ending at the last named price. Ohio and Misss-
sipp is without feature Erie opened at 1874 sold at
15% and closed at 15A. Lake Shore vibrated between
Cox and 597s, closing at the former price Northwest
common sold at 423S 42S 42A the preferred Stock
at 56I 56s 563S. Rock Island at 1883 10S1 a
20Sh 1885. The other changes unimportant
HIGHEST PRICES
The following table shows the opening, highest and
t1o,. softb do,,.