The New York herald., 1876-09-16
FINANCIAL AND COMMERCIAL.
Another Break in Jersey Central-The Rest Of
the Stock Market Irregular and FeveriSh.
GOLD Ito 1-S A ITO.
Government and Railway Bonds Money on
Call / 1-2 Per Cent-FOreign Exchange
Steady-The Foreign Market.
WALL STREET,

FRIDAY, Sept l5-6 /. d.
General Rally who, in fine feathers, had complete
command of the market last evening. came to unex-
pected grief this morning.
The forces that had boldly and successfully car
ried prices before them yesterday seemed to have
been withdrawn to have faded away during tho
night, whilo that much desired but fathess Grouchy
the public, failed to como up to the rescue.
To extend the simile there did come up disastrous
Blucher in tho shape OF New Jersey Central spreading
loss, gloom and disappointment
II difficult get tho influence Of this unfortunate
coal stock of the market as 1t to eject King
Charles head from the brain OF Mr.. Skmpoe, anu the
consequences of its presence is quito as annoying.
Thus to-day. when everything was shaping for a
further upward movement tho anthracite fancy turned
= complete somerset. lost what little strength 1t
possessed evening" and ratified down tho scale from
26 to 2O< to its own humiliation, and to the general
depression of the market. Causes were found in
plethora OF rumors, which flew as thick
as leaves in Vallombrosa and were PROBABLY
quito as wcightless in point Of veracity
Books and papers had been spirited from the New
York occ to Jersey City, with the obvious intent OF
preventing examination, receiver would be,
should oe had becn appointed and, finally, an over
issue of the convertible bonds had been discovered
None of these reports were verified and in fact they
were subsequently denied IN toto but by calumny,
which none escape though wo doubt the concern
10 be either "chaste ice pure snow') the de-
sired damage done and the unfavorable influence
upon the general market achieved drop OF from
ono to i've points occurred in the other anthracites
from sympathy, and although there better figures
made later on the impress OF the attack remained with
them still
There was considerable increase in the amount Of
dealings In Western Union, TO declining figures, al
though tho loss finally recovered, and both actv
hlo IN hvIllo tin 0f
rates on the part Atlantic and Pacific Telegraph
Company. This announcement docs not appear TO
contemplate any further tariff reductions but simply
to establish q uniformity Of charges between the
Eastern and Middle States Statos instead OF as be-
tween cities and towns, as now prevails.
Railway. shares were equally sensitive with those
quoted, Lake Shore and Michigan Central being par
ticularly 80 under u disposition to sell TO market
which offered diminished support the bears having
been killed Off yesterday and the public, which pre-
sents decidedly centennial and impecunous appear
ance combining itself strictly to the gallery.
In railway bonds thero was fair demand at prices
which may be quoted steady, though the coal car
rers mortgages improved at the second CALL after the
Injurious reports concerning the Central road had been
contradicted.
There was a better supply Of loanablo stocks, and
rates favored tho borrower although premiums Of
rom 1-32 to a per cent per day still exacted on
he coal shares.
During the last hour the market seemed to have re-
covered from its fright OF the morning, and quotations
improved very considerably while business closed up
strong and with decidedly better feeling.
SALES TO-DAY.
The transactions at the Stock Exchange today ag-
rregacd 1872 600 shares. New York Central and Hud-
son. 900; Erie, TO- 800; Lake Shore, 81 7o0 Cincinnati
and Pit,sburg 22O Northwestern, 100; Northwestern
preferred 200; Rock Island 1,1OU; Pacific Mall 0,40o;
St. Paul. 54OO ST. Paul preferred, 5000; Ohios 200;
Western Union, 17,7oo; Wabash, 1900; Panama, 800;
Delaware LackawaEna and Western, 49, 9O0 Now Jcr-
scy Central "a 500; Michigan Central 800; Delaware
and Hudson Canal, 2, 900; Morris and Essex, $40.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest and
lowest prices of the day.