The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-04
Stocks Firm and Dull-Investment
Shares Strong.
GOLD 112 90 A 112 La.
The Bank Statement-An Increase
of So, O41 900 in the Reserve.
Money on Call Loans 2 and 21-2 Per Cent
Government Bonds Active and Higher
Railroad Bonds Steady.
WALL STREET. |

SATURDAY, June SOP. ~
Tho "grccn grassy turf OF jerome Park offered
metal more attractive STOCKHOLDERS to-day than did
The fetid atmosphere OF the Exchange. There was
more interest manifested in the stock OF the stud book
than in that Of speculation and tho latter suffered
eordingly This clearly shown after midday,
when business stopped like engine on its centre,
and with no more 90 to il thenceiorward than 10
horse In treadmlll
There was q fair activity at the opening, for
brokers ready for q further advance In
Western Union, and there was an anxious feel
ing among the bears lost Lake Shore should
toliow'suL Nothing however, very alarming occur
red for fluctuations in these two stocks were limited
70 Il per cent rise ana an ultimate setting back TO
opening figures It's conceded on all hands that tho
telegraph directors will declare ~ per cent dividend
on Wednesday next and will also mako y showing OF
some 5000 900 in their business tho same
time last year. or course little Will be said as pos
sible construction and stockholders will
be appeased by ioilipop division OF cash on hand
Meantime Mr. Gould has become possessed OF con-
siderable line OF stock which be treated standing
against his short account be used break the mar
ket by cataract Of cash sales. The price has boon
kept up to-day undenaby strong but II fell oil at the
close to the early quotations.
There is one weak spot in the market which is de-
cdedly depressing, and that Is Lake Shore. The Os-
born and Twentyt third street parties are thought to
have closed up their short contracts not that they fear
TO keep them out but because the summer sostice Is
1t hand and yachting and ruralzing generally arc not
enjoyable when eye has to be Kept on the tape OF
the stock indicator per paid TO day
have the stock carried which, with money offered at
tho same rate was proof tho speculation on the
part Of the leading bears mostly abandoned Tho
prcearious condition Of the Commodore and the con-
slant underwriting in traffic rates dshcarsenng to
holders and dscouragng to buyers, and, consequently
tho stock refuses respond to the better feeling exist
ing in the rest OF the market
The Western stocks being, to great degree free
from the antagonism of competing roads showing
better results from their increased grain reshts, and
these reelected in the strong advancing market for
these shares the Stock Exchange.
The anthracite securities looking up again after
their modest retirement of cw days past apparently
tired OF bIushing unseen like the coal back Rose in the
iitiy. Hence Delaware and Lackawanna started up
from 107 109 although lost hall OF the advance be-
fore the board closed.
The cessation Of mining operations for the months
of June and July will enable the combination to work
of part Of their surplus production at the cost Of
reckoned distress to the thousands OF miners throw
out OF employment
AS we have noted business confined to opening
hours the great operators voting make 1t ''half
day" by disappearing TO the races, while the tag
and bobai contingent having by necessity no vote in
the matter, remained behind and solaced themselves
with mustangs Of brandy OF some baser fluid
THE SALES
The transactions ut the Stock Exchange to-day ag-
Prcgated IS, 700 shares:-Ncw YORK Central and Hud-
son, 600; Erie. 3,Ooo; Lake Shore, 1900; Cleveland
and pitsburg 200 Northwestern 1850; Northwestern
preferred $780, Rock Island, 200; Pacific MAIL 725;
81 Paul IL $50. St Paul preferred g. 200 Ohos 900:
Western Union % $50; Union Pacific, 300 Delaware.
Lackawanna and Western, 3, ia; Michigan Central,
s,450; Union Mining Company. 1850.
OPENING, HIGHEST AND LOWEST PRICES
The followin table shows the opening highest and
Invest prices OF the day: -