The New York herald., 1876-07-26
FINANCIAL And COMMERCIAL.
The Stock Market Active and
Lower-A Feverish Feeling.
COLL Ill 3-4 A Ill 7-S.
Money on Call and l-2 Fer Cent-Gov-
eminent Bonds Strong and Rail-
way Bonds Firm.
WALL STREET,


TUESDAY. July 25--6 p n.
Nn be true that "hope springs eternal in the human
Breast" Il 10 In brokers' bosom that 1t will be found
perennial Through good report and report he hopes
On for the good time coming, which comes and goes
often before he s o. the aot Each approaching
holiday OF the years. journey hosiery in which ne
expects take his 'n his inn sure IN his oehei
that the succeeding stage will offer smoother roads ana
more attractive scenery So our hopeful broker tells
us to wait until such and such holiday IS over and
then shall see n revival of business that Will
make our hair curl produce some other
mental physical phenomena equally start
ling But the white chalk dav and goes,
business grows rather than better our locks re-
main straight strings and the word oil promise 10
our is broken to hope. Tie centennial Fourth
Of July point Of departure rep!ee with auspices
for the future The holding ''hgh jinks OF the sum
mer to terminate with the fse and thenceiorth
rivolties yield to facts aud rejuvenaed trade
spring up IS tide which should lead on to for
tune The great has already passed three weeks
into history and there is sign of better things The
Official list sales shows record OF $1,000 10 1000
shares day, one half Of which pays commissions,
and the whole Of which, III did pay them would
scarcely provide living for q hundred members OF
the thousand and upward Of which the Stock Board
conssta
To-day marked by more than usual activity
Of those sudden spasms that come like twinee OF
the gout sharp, short and not altogether pleasant TO
those the wrong side Of tho market Shortly after
the opening became evident that there was music in
the arr with the keynote In Now Jersey Central The
reference made yesterday the probabilities OF dis
ntegraton Of the great coal combination to be
assuming threatening shape, and the effect to-
day shown in clear drop in the price Of shares Of
the above mentioned corporation OF 4ss per cent with
out rally at the close Delaware and Lackawanna suf
Tered 10 less degree, although there marked de-
sire to sell the stock short seller 20 option at ~
per under the cash price Nor this
sporadic depression confined to the coal stock only
Tor tho epidemic spread TO the entro list and the
market sckencd under its influence Lake Shore, the
Western stocks and Ohio and Mississippi all
ddates for the hospital, the latter particularly being
prime subject iof the casualty wards from the hard
usage II had received during the day. The steady de-
cline in the preferred shares and the crcuia
tion that the October interest would be passed tho
consolidated second mortgage bonds pulled down the
prices the different varieties Of obligations to
serious extent While the array OF events were in
rather marked degree prejudcla! to the strength Of
the general list there seemed to exist symptoms
OF action the part of operators also
the direction. II bear campaign is in course OF
organization n day two will develop the fact
OPENING HIGHEST LOWEST PRICES.
The following table shows the opening highest and