The New York herald., 1876-01-13
FINANCIAL AND COMMERCIAL.
Stocks Still Firm, but Holders
Evidently Realizing.
GOLD QUIET AT III 3-4 A III rs.
Money on Call Ranged from Z to 5-Inyest-
ment Securities and Government
Bonds We're Steady.
WALL STREET.

WEDNESDAY Jan. 12-6 NJ
The buoyancy of yesterday made itself felt in this
mornings opening price the rehux OF a tidal wave
sombs up on distant strand Riparian interests still
commanded popular attention and Lake Shore surgcd
up usual, the Iveest wave on the beach. Specula
Ive bathcrs however who mad plunged the break.
yesterdays prices with the impression that they
taking them AT the Hood which lead on to
Jortune we're somewhat disappointed that the sea
camed down There a and a surge
flashing OF waters at the start that ominous OF
approaching dirty weather to operators short OF the
market; but after there uIl in the and
the Storm which had been threatening passed quietly
away
The .Twenty-third street party apparently suffered
somewhat in sails and rigging and were remarked for
their strenuous get port when the skies
backcstthat is to say, when prices highest
and TO cover shorts most difficult They succeeded,
however, and weather beaten they were it was a
positive kindness the part OF the Gould party to
furnish them with the much needed surplus OF stock
rs they did So the 'snorts' being covered and the
'longs to a great extent sold out, sort OF equi-
lbrium restored, and Lake Shore fell back
less than the starting figures.
In fact without metaphor, the stock market to-day
was strong and mixed like a brokers' stmulant, and
slthough retaining all the features of good time
tng showed signs Of wearness There is yet wanting,
and will be wanting for time to come, that ele-
ment Of outside support which is the solid buwark OF
permanently rising market The large commission
houses still complain absence of orders for fancy
and speculative stocks, aud end their business
strcted to the purchase OF small lots of yield
ing bonds and dividend paying stocks the credit of
which indsputable. So far the gamble is confined to
the professionals OF the Stock Board, who keep up the
show OF business by dealing with each other 1t is like
ihe 'lay out" in popular sporting house where,
IN the absence of regular customers, pro-
prctor, dealers and cappcrs all take
hand at socabIe game to pass
!he time or course the door aJar and II you
~pull the bobbn" the latch will fly up and greenhorn
will be welcomed civilly. Somehow the latch string
has hanging from brokers' Offices for long,
ong time The public notices H. but passes by. whyf
although there breaks in the clouds which, for the
sst two years. have lowered the marts OF money
md commerce, and although begin to discern the
silver lining there fingers apprehension that the
future is yet to be of mixed sunshine and shade
There is a shadow hanging the market
which threatening, say the least and the cloud
which casts its murmurs with the thunder of warlike
rumors and the disquetude Of States.
THE SALES TO-DAY
These we're divided to the extent of los 900 shares
among active securities as follows:-New York Central
and Hudson, l4o; Erie, 2i0o; Lake Shore So, ,oOo
Cleveland and Pttsburg 2e5; Northwestern, II, ,6oo
Northwestern preferred . 700; Rock Island, loo Pa
cidc Mail 2l 900; ST. Paul 7,45O; St Paul preferred,
1000; ohos, 24OO; Western Union, s,2oo; Wabash,
BOO Union Pacific 500; c., c. and l. c., lsO Michigan
Central 2, 2,275; HsnnbaLand St Joseph, 2.l3o; Hann
bal and ST. Joseph preferred, l,450
OPENING, HIGHEST AND LOWEST PRICES
rhe following table shows the opening, highest and
Invest ffriceS q the