The New York herald., 1876-03-13
FINANCIAL and COMMERCIAL.
Events of the Week-The Course OF
the Stock Market.
OUR EXPORTS AND IMPORTS.
Continued Ease in Money-A Decline in Gold
: Government Bonds Better and Invest
ment Securities Generally Firm
WALL STRICT.

SUNDAY. harcn ~, 1910
The past week has been Kaleidoscope one, and its
reflections though changeable enough, have not been
entirely satisfactory either bulls bears Enthusi-
astc supporters OF Lake Shore Erie came wofully
TO grief when they extended their confidence TO West
ern Union and Pacific Mail General dealers who re-
gardcd the market either q purchase
or sale discovered that It easier to
put In a thumb than to pull out plum, and
quently closed up the week little better Off than
they began IT, There about as much lost
won general speculation in the prime
hvorites, and the only cleaners of the field were the
constant Ruths who followed the great reapcrs the
Iwath made by the Granger and few other invest
ment stocks.
There has been new hand at the bellows in Erie
md possibly in Lake shore but the principal hammer
ing has been done by Jay Could who has attacked
Western Union vito the biceps OF Cycops and has
Pacific Mail entirely OF shape. Yet short
s he may be and successful he appears, 1t is ques-
lonable whether he is happy. There exists the in
cubus OF Union Pacific which must rest uneasily on
his mind does the indigestible truie beneath the
diaphragm OF gastronome. Long of some stocks and
short of others, the notorious OF the Stock Ex
change has two parts TO play He is like Garrick In
the picture, hestatng between tragedy and comedy,
or like Captain Macheath in the "Beggar's OPERA"
with the authoritative assertion
How happy could be with either
Were the other dear charmer away.
IL is quite certain that his lnamorata in the guse Of
Union Pacific be shifted of his hands pres
snt prices and she has fascination for either pur
chasers money lenders under present protection
Yet despite these Union Pacific thought well
Of by many dealers, and would unquestonably rule
present or better prices and actively that
it removed from the influence which now con-
trolls IL. A general dissemination of shares and q
knowledge that free trade in the stock established
would 20 lar restore both confidence and active
dealings.
While Gould appears to be all wrong with the last
named fancy he to be equally all right with
Western Union and Pacific Mail Tho opposition
offered by the Atlantic and Pacific Company and the
passage of the dividend have seriously affected not
only the price of the former stock but its ability for
future payments
Stockholders are restive and dissatisfied They ask
what assurance there that the statement just made
than that rendered last October, when
no mention made OF floating debt They inquire
what proportion of the charges carried
account properly placed and they equally
inquisitve about other matters in the management Of
the company
We quote the above they reflect the talk Of the
street, knowing at the time that disappointed
stockholders are raging hons, while well
paid ones gentle as Sucking doves"
aggregated $50, 500 shares which were distributed
among several of tho most active securities fol-
Iows-western Union, 262 $50; Lake Shore, s26 476;
Pacific Mall 2sl oOO Erie, 15e 500; St. Paul common,
2s OoO preferred 10 oOo Ohio and Mississippi % 400
Michigan Central rs, ,OOO and Northwest common,
l4,200
HIGHEST AND LOWEST
The following table shows the extreme fluctuations
for the week in the leading shares