The New York herald., 1876-11-12
FINANCIAL and COMMERCIAL.
The Stock Market Peyerish-Priccs at the
Close Shade Firmef.
GOLD lO9 ga A lO9 3-S A 100 l-2.
Government Bonds Quiet and Steady-Railway
Mortgages Firm-Money on Call
Loans A and Per Cent.
WALL STREET,


SATURDAY, Nov. 1l-6P NJ
On the principle that s.they also serve who only
stand and wait " the onlookers OF tho timd contin-
gent who refuse to operate the stock market until
the political muddle IL cleared up have done yeoman
service for day two back There have been fewer
dlers to-day as dealings prove but the stu
alton induces feverish feeling, dwarfs speculation and
weighs down pricea
The day has been Of petty trading, far a. fuc-
tuation goes the operator being OF the twopenny
hapenny order who touch things lightly and get in
and out with hop, skip and a jump.
OF course there nothing heroic in material Of this
kind and augures OF tho markets future more
be drawn their vagaries than clear skies be
depended on because promised by weather prophets
Under the nImbie sixpence business tho prices OF
the active stocks worked up and down within frac-
tonal limits for OF tho session. and 1t was only
during the last hour that decided turn upward un
der the leadership OF Western Union, established
The telegraph stock bid up to 49, and tho rest Of
The list, plucking up courage, trailed after It Even
the St. Paul plumcd themselves on the statement
Of earnings being less damaging than anticipated,
and this negative virtue bettcred tho figures Of
erday II questioned however, whether the company
has the spotted reputation Of being mot SO bad
ns may seem,"to to fall back upon, and belief 10 ex
pressed that face sreturning board . had passed
upon the last exhibit Of earnings previous tomaking
them public
Ohios and Mississppis regained per cent Of yes
terday's loss though not much can be said OF the
second mortgages which dropped OF TO As regular and
a, seller co. under free Sales Michigan Central held
hs own and even advanced fraction at the close,
though the earnings for the first week in November
show falling or OF s22 s2o, as compared with tho
same week OF last year.
The future prospect Of the non-dividend earning
roads not viewed with favor by specuators, and
feeling Is growing up that there Is nothing In the way
Of business promises better their condition in the
Immediate future. This opinion is daily influencing
short sales Herewith the opposition Of bears who
squeamsh in circulating reports to the detri
mont Of the lines and to the advantage OF their own
pockets.
At the close of business the list generally was
higher nrmer, thus forming stable basis for
movement either way on Monday.
THE SALES DAY.
The transactions at the Stock Exchange to-day ag-
Eregatcd 1862 400 shares:New York Central and hud-
son 300; Erie, l,900 Lake Shore 65.!oo, Cleveland
and Plttsburg 110 Northwestern, 1900; do pre-
lerred so0 Rock Island, 1900, Pacific Mall, soo st.
Paul. 5000; Delaware Lackawanna and Western.
0,50o; New Jersey Central 200; Michigan Central,
Asoo; do preferred, 7,loo; ohios, $500; Western
Union, IS. 900; Wabash, 1900
OPENING, HIGHEST LOWEST PRICES.
The following table shows the opening highest and
1rvvn nf fha