The New York herald., 1876-10-27
FINANCIAL And COMMERCIAL.
Stocks Irregular and the Mar
ket FeV6riSh.
GOLD STEADY AT 100 3-4.
Government Bonds Pirmer-Railway Bonds
Strong-M Money on Cali ; and Per Cent.
WALL SrRExT,
THuRspAY Oct. o6-s p !


THURSDAY. Oct. 26-o P.
Yesterday and to-day the Lake Shore people have
worked like navvies in getting rtd OF their accumu.
lated stock The time WAS propnious In point OF gene
raj strength Of the market, but uniavorabie IN the
lack OF = short demand. They have done passably
WE'LL however and the close OF business to-day held
fewer shares and more money than since the run
began The hopes Quilt upon she proceedings OF this
mornings railroad meeting Disappointing, Tor
prices failed respond the report that ihe cruei
war; was over aud the anticipated spuri In shares OF
the trunk lines resulted in palpabis decline Lake
shore ie TO 81 Michigan Central 10 sos. and the ST
Paul shares already tn bad odor from reports OF de-
creased earnings from bulls eye point Of view
emitted anything but = "sweet and pleasant SAVIOR "
Tho natierng tale that hope told 10 stock operators
had IT'S origin at meeting OF railroad agents cou.
vened the oince OF Mr. Samuel Sioane, where were
represented the Lake Shore Michigan. Central aud
the Canada Trunk lines. II is not understood that
anything more definite Than recommendation to In
Eastern bound freiahts was como to, the ulti-
decision depending upon tho FIAT Of Central aud
Hudson, which holds tho key Of the situation, with
little disposition uf reports arc to be credledl to
unlock the OF difficulty. Al any rate brokers
were inclined 70 small beer OF the importance or
tho proceedings, and manifested their humor by
lively selling OF the same properties that they had
earlier in the day advanced under contrary impress
s,ons
Western Union followed close the heels Of Lake
Shore. $4,000 shares changing hands between
72H and 735s. from which latter price Il recoded q
quarter pcr cent only a, the close.
The al owe amount OF transactions IS precisely the
extent Mr. Goud's short interest, as tailed by the
tnreescore and ten knowing brokers who arc accus-
tom ed to keep his books
Unfortunately this fact has come to the ear OF Mr.
Merryman and his sawdust allies, who Ut present
cayortpg the stock and dire threats are breathed
against the dsbeIiever in poles and wires To what
disastrous ISSUE be seen, though, Judging
from former occasions IN which great pancy OF back
bone has been manifested, tho present movement is
ike to culM nate formcr have done, in ct
prrterea nihiL
The coal stocks nj present out OF the game,
struggling upward little aud falling back sgain 10 drst
figures a condition which the lower prices obtained
to-day at the auction sale do not tend to Improve At
the close Pacific Mail and Western Union were strong
and The railroads weak.
TODAY.
Tho transactions Mt the Stock Exchange to-day aggre
gated 1872 700 sharcs-New York Central and Hudson,
$50; Erie 2,600 Lake shore, 64C0o; Northwestern,
1000; do preferred, 1900; Rock Island. 500; Pacific
MAIL 2,750; ST. Paul, 6,550 do. preferred, 5000;
Oh,os, 400; Western Union, 81, 800; Wabash 1000;
Union Pacific 400; c., and q 100; Panama, loo;
Delaware Lackawanna and Western, p, ,S00 New Jer-
sey Central 800; Michigan Central Is 800; Delaware
ana Hudson Canal, 500
OPENING, HIGHEST AND LOWEST rRIcRs
Tho following table shows the opening, highest and
gty,c 1u,.