The New York herald., 1876-12-25
FINANCIAL And COMMERCIAL.
The Incidents of the Past Week
in Speculative Circles.
GOLD DOWN TO 1O7 IA.
Money on Call Losns Firmer-Goyernmen
and Railwa7 Bonds Higher-The
New Year Dividends.
WALL STREET. I

SUNDAY, Dec. "a, 1876
Il is we'll attcstcd fact that iron is important
constituent OF the human blood but II has not yet
been that the average American Is gifted
peyond his kind by extra infusion OF quicksilver
Il is highly probable though that such the iact for
forced to look to congenita reasons for causes
which affect his temperament, indivdualize his ac-
tions and, in a general way, make him a marked man
for dash energy and irresistible desire 10 push on
and keep moving How the volatile metal got into his
system, whether by divine right, as kings get their
crowns or by the earthly process OF absorbing
It in the chemical forms OF caomel and blue
pills, matters little; suices that such character
istics exist, be they due to calome climate This
fact has been exempned the past week In the entire
unanimity with which the political situation has been
ignored, so far making it basis Of Stock Exchange
transactions The long drag and increasing monotony
attending the squabbles OF politicians. the tergvcr
saton OF returning boards and the claims OF rival
slectors have eliminated from the matter all power for
good evil and made II as wearisome as twice told
tale For the present. at least stock operators have
sucked the subject dry orange, have cast It
aside desscatcd issue and passing in search
Of more lively topic
So important crisis as the existing would have
exercised European Bourses. for months with US II
spent its force in weeks sPush along, keep moving,
is the motto and the quicksilver sho blood clamors
for something new and tires OF sameness though the
situation be amid .the wreck OF and the crush
of worlds"
Politics having been given the go by and no new SEN
sation being ready at hand stock jobbers have been
compelled utilize such odds and ends OF bygone in
cenves to speculation still possessed some fresh
Chief among these the assurance that the
railroad companies had at last come to definite and
harmonious settlement Of the long existing war. Al
though the har-kari system suicide was to be dono
IN tn ha
afforded ali seeking tdewaer, the only premise
being that Philadelphia and Baltimore should have the
biggest bite Of the apple through discrimination In
their favor in the way OF local shipme Upon this
agreement the market was hoisted up, Cen,ral and
Hudson, Lake Shore and Michigan Central being
chiefly sensitive TO the Improvement But day or two
yssed however, when 1t began be surmlsed that the
contract might be glitter than gold after ALL
particularly when reports reached the street that the
Weight agents in conclave consisted Of 'many men Of
0any minds" and that there ugly hitch soma
,here. Added TO this IL became known that the Com
Aodore was III a very critical condition physically
and the two reports combined worked depressing
effect upon the general ket, which 1t failed to
cover from at the close Of the weeks business.
Per contra. while the railroads growing weaker
The coal stocks grew stronger. noval financial prof.
ec proposed by tho New Jersey Central Railroad, by
which something was to be made out OF nothing, was
sufficiently plausible attract buyers to the shares Of
the company, and under the demand quotations ad-
vanced some our per cent the lowest price Of the
week. although they failed to hold entirely at the end
Delaware and Lackawanna improved In sympathy
under tho covering OF shorts and tho better prices
obtained at the coal sales, but failed, like its side
partner, to retain the whole OF the advance. An up
ward turn in Western Union and Pacific Mail not
able only for It's brevity and ultimate failure
Gold remained through the week with inconsiderable
fluctuations the attempt to force it up having been
apparently abandoned under the of receipts
from abroad and the difficulty of carrying it.
Business closed for the week with limited dealings,
noisy half holiday putting end to trafnc early in
the day.
THE SALES WEEK.
The following table represents the opening. highest
and lowest sales regular way, Of the principal stocks
during the past week. together with the number Of
dealt -