The New York herald., 1876-08-22
FINANCIAL AND COMMERCIAL.
/ Quiet Market-The Activity Mostly Con.
tined 10 Coal Stocks.
GOLD ITO 3-4 A ITO ID A ITO 5-8.
Money on Call 1-2 and Fer Cent-G0v-
srnment and Railroad Bonds Gener-
ally Quiet and Firm.
WALL STRRkr.

MONDAY August 2l-0PN.l
The juggling this morning was confined TO four
stocks, which were kept IN active motion ~ the
balls which mountchauk in the air. Delaware
and Lackswanna, New Jersey Central Michigan Cen
rai Western Union flying up and down At the
will OF the performers and the show, for its variety,
voted very good ono indeed
Little 10 actually known what the result of the
meeting Of tho coal com panies TO- morrow likely
be. but brokers who will back themselves tor seeing
further into milestone than tho rest Of the com.
nunily have settled their minds that the comb-
nation explode with capacity Tor destruction that
vii throw General Newton's He'll Cato matter entirely
the shade Whether anything definite will come from
this projected meeting not, Is quite certain that
hess extortonsts who have been long robbin,
The public have discovered that "honor among thieves"
false sentiment In their IL Ia sometimes
IN vrtuous circles. Lehigh Valley is charged
With being the slippery knave. who has cheated his
pals sold swag the Boston fence at loss than
chedue prices and il very evident that the culprt
bc brought to book, ;he entire combination Is
bound together simply by rope OF sand.
There pressure TO sell these stocks down to-
day Of the anticipated rupture. The policy Of
the proceeding, however, Is doubtful The deadlock
which now exists once broken an opportunity Will be
offered bring the product to market ut lower rates,
Is true but prices that will convert coal into
their stagnant freight and add spirit to trade
aud commercial interests. The change from protec.
ton to free would to be promotlvo of the
companies welfare, least regards the richer ones
ss II viii be 10 the public at large.
The Adons party attcm pied repetition Of the cash
stock squeeze, reformed 10y him the other day. and
1t one time created difference OF half per cent be-
tween deliveries to-day or tomorrow. There was an
unfortunate slip up. however a. the critical moment
snd the whole scheme miscarried through abundant
offerings OF tho cash material
The dealings in Delaware and Lackawanna aggregated
&C. 600 shares and ranged between 925s and 9Os with
IN Improvement the finish, winch restored II to
ocarly the best Ggures sharp attempt to cover
shorts the part OF bears, who doubtful what
the action OF might bring forth, created a
brisk demand until business closed.
In numbers Of full shares Western Union stood ut
The head OF the list Importance Of transactions The
"nigger" still seems TO remain in the fence which en-
closes this property, and neither seabright nor San
Francisco appear able TO dislodge him. The little
comedy o. the SPIDER aud the fly has been persisenty
played by strong company, but the "walkcrs M
bave been few and far between. To-day 1t looked as
though the performers getting tired Of their
parts aud were eager throw up their engagements
Tor although the decline restricted to q per cent
there strong disposition the part OF the pool
10 give somebody else chance tor Prize
Michigan Central bobbcd about the satisfaction Of
both bull and bear small fry, and closed x per cent
better than IL opened.
The OF the list remained quiet and fcatureless
small dealings. comment which will equally fit the
railway bond market, while money on call ranged
from to per cent and even cheaper than the last
agure 1t the close OF business
The sales Of active stocks to-day aggregated II 400
shares Erie. lO0; Lake shore, 100; Northwestern.
200; Rock Island, 500; Pacific Mail, 6oo St Paul,
$500; do. preferred 5000: Ohios, 500; Western Union
1920; Wabash, 800; Michigan Central, goo; New
Jersey Central, $500; Delaware, Lackawanna and
Western. 26,Olo
OPENING HIGHEST AND LOWEST PRICES.
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