The New York herald., 1876-12-10
FINANCIAL And COMMERCIAL.
The Stock Market Alternately Strong and
Weak-An Unsettled Feeling.
GOLD l07 Is A lO7 A l07 IA,
Money on Call Loans and Per Cent-Goy.
erument Bonds LOwer-Railway Mort
cages Steady-The Bank Statement.
WALL STREET,
SATURDAY, Doc. Go p. N.

SATURDAY, Dec 80 /. NJ
The Lake Shore people, like persistent hurdy CUR.
dyiss ground precisely the same tune to-day that
they did yesterday, and the gamut of precisely
the same fluctuations. A progress from So. to 57s.
ami back again to 56ss, where it halted finally, gave
sufficient opportunity for another days milking.
which the big operators pushed TO their advantage
and the little submitted TO with the diotic meek
ness that distinguishes them. To make the per-
formance attractive IT was whispered that
the railroad people were again putting their
heads together in hopes that their united
wisdom might evolve some plan OF settlement, and
later on it was announced that nothing had come OF
tho opposition but the usual agreement to disagree
The fact appears to be that meeting whatever
had taken place and that the whole story was merely
a furnishing up of the old bait to catch gudgeons.
which successfully set on former occasions
But unlike preceding days Of the week. tho entire
interest OF the market confined 10 tho favor.
ite Although the main show was as attrac-
tive as over there were and unex-
pectcd anncxes opened to speculative OK
animation, which invited and mcritcd attention.
Among these Central and Hudson and Erie as
most suspicious. Tho Vanderbilt stock, which usually
lies as torpid gorged boa constructor, woke up 10
quite unlocked for and spirited trade in tho course
which the price carried from 1921 10 l04H and
back again to 1903 transfers OF about 1000 shares
favor OF the Lake Shore speculation, and by others
was attributed the fattering reports OF the COM
pany's earnings which for the last quarter are said 10
be immense being figures something like 81 500 600
surplus over and above tho dividend.
In Eric dealings wero unusually large at hguros
which ranged from 91s to 81. 1t was impossible to
learn the why wherefore, business being conducted
in those foreign gut,uras which have their home
the borders OF tho Rhne and which, to the writer.
seem like disocations of an unknown tongue. In TAX
ing into consideration change in tho commission law
will the Governing Committee kindly discuss the
necessity OF establishing German Profcssorship Tor
the Stock Exchange?
The ST. Paul stocks steady and dull, the
Northwestcrns lively and lower, suffering possibly
from the unusual excitement OF declaring dividend.
Western Union, as the best card of tho miscellaneous
72A Gould appears to be the head and bloody
bones that stands the way. and despite of the
surcd future rum which is popularity meted out TO
him on account OF his heavy short interest in the
stock he seems to he an unpalatable morsel to the
poo who think they having enough OF his contracts
already.
Gold sank to 1O7, for reasons prevalent during the
uack and still existing and still further decline is
looked tor.
The sales to-day aggregated $4,000 shares. which
were chiefly distributed among Lake shore, Delaware
and Lackawanna, Michigan Central, New York Central,
Western Union, Pacific Mail aud Northwest preferred.
OPENING HIGHEST AND LOWEST PRICES.
Tho following table shows the opening, highest and