The New York herald., 1876-11-16
FINANCIAL and COMMERCIAL.
The Stock Market Peverish and LOwer-A
Strong Bear Movement.
GOLD FIRM AT 100 ga.
Money on Call Loans 4 and 3 Per Ccnt-Rail-
way Mortgages and Government Bonds
Generally Steady.
WALL SrREsf,


wxpxgsDAy. Nov. l5-6P NJ
II would have required Daboll TO have solved the
problem offered by Lake Shore to-day, ana brokers
however clever Al figures they may be- utterly failed 70
make head or tail Of i,s executive movements
Starting OF with advance OF ono per cent, which
brought the quotations to 565, shortly lost nearly
all that IL had gained and lowered around tho point OF
65x until late In the afternoon. when II took plunge
TO IS and was 80 offered ~ the close. Jobbcrwork
Gould, since his reappearance IN tho market, has
shown in nondescrpt form the 'Jubiub bird" In
the famous ballad, and has greatly mys,iacd tho
.'beamsh boys OF the Board by his curious Actiona
Thus, to-day, the riso Lake Shore Inconsistent
with the position popularity assigned 10 him on the
short side Of the stocks and remained unaccouned for
until wiseacres nosed out the probability that
Twenty-thr street had for she shifted TO
the bull side with the intention Of making things
pleasant for the Gould Osborn-Mili combination.
But pleasures neetng as the best and tho accu-
mutation OF tho stock by tho buyers Of the Twenty
third sircey faction easier and more agreeable
past.mc than the after attempts to sell the trinRo
Of the crowd while tho farce OF pretending TO buy
kept up the middle Tho fwcnsythird street bears
do not transmigrate readily Into bulls and bull move
menta
"All made out OF the Carver's brain, Coleridge
has IL. are apt ike those Of cheap watch, 10 come
10 asuddcn and untimeiy stoppage.
'As tho old cock crows 80 crows tho young" says
The provcrb and Laxe Shore ~ chsn,,ccer, WAS ,m-
lated by the whole poultry yard OF railway stock, ex-
:cpi, indeed, tho 81. paul's which 10 have lost
l voice Tor Improvement and weaken daily under tho
PIP OF present losses and future apprehcnsions
Tho statement Of earnings Tor the woek which, un-
Ter the company's ruling. viii not bo published, as
asua on Friday VIII show Iurther mparativo fall
NJ Oh OF from s35 900 $40 0CO and will about use
m tha mad far Thorau
40 hopes OF things being better for tho unexpircd
period, aud there consequently little inducements TO
purchase the stock at present prices.
The marKct, which had grown monstrously steady
toward the end OF tho session, was suddenly whired
Into excitement by sharp bear attack, which en-
braced the entire railroad list The pretence
was that outbreak had taken place IN
New Orleans, and though there was NO authenti-
cation OF tho matter, but rather shrcwd
suspicion that the despatch had been wired no further
than the distance between front Office and u back
pne, the attack successful Lake Shore dropped
10 t4,s, Michigan Central TO AK. the Northwestern
Nock TO Sa and DIX, and the rest OF the list in the
pppe proportion.
Yesterday Roland, In the shape ofa railroad peace
Sas met, to-day, by the Oliver of political disturb
pce and the latter has been left Of tho neld
though, as lar as known, without shadow OF ounda-
poE the report and It's effects are ndices of the very
kvcrsh state OF the market at present. and tho ease
gith which It can be directed downward course.
There have been many Disappointing obstacles occur
ring In tho way Of upward speculation during the
lew weeks back, and the actual controllers OF stock
obOng destinies sharp enough to discern ana
them
sALgs TODAY
The transactions at tho Stock Exchange to-day
aggregated lSa, 900 sharcs:--New York Central and
Hudson, S15; Eric 2.7o0; Lake Shore, g. 1885, North
western. 1900; do. preferred, 1900; Rock Island,
1885, Pacific MAIL $500; ST. Paul. 1i,i2o; do pro.
ferred, IL 745; Ohios, 4so0; Western Union $500;
Delaware, LacKawauna and Western, 6630; New
Jersey Central, $3.50; Michigan Central, l4,2O0
OPENING, HIGHEST LOWEST PRICES
The following table shows the opening, highest and