The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01
Stocks Heavy, Irregular
and Feverish.
GOLD STEADY AT ll3 7-e.
Money Supplied to Borrowers on Call Loans Al
4 and 5 Per Cent-Govenment Bonds
and Investment Securities Steady
Foreign Exchange Firmer.
WALL STREET, \
FRIDAY. March 3l-0 z.


FRIDAY. March 3l-0 r. n.
Spring weather to-day at the Stock Exchange
cloud and sunshine, smiles and tears-no particuls
harity In the first intensity of grief In tho SEQ
ond-a sort OF mtgated condition with strict avoid
anco or extremes In q word, market which WA
neither good nor bad-simply indifferent. In this a.
severation quotations will bear US out
Every wanderer to Continental towns s'oufre MGR"
has viewed the departure Of post carriage from
provincial capital There is Jingle Of bells the
houpla Of the position, the cracking OF whip like
the creptaon OF torpedoes and the admiration Of the
rustic y-catchers SO did tho market start this
ing and SO did aerward lag and creep and crawl as
does the rotre posfc when free from the village.
There was any amount OF "go in the market at the
start and prices of leading favortcs improved sensi
bly, during the first half hour. but, like hrecycar
old' that makes his running at the start specuaoa
was pretty thoroughly pumped and well In the ruck
before tho string was passed. at three o'clock
Tho sufferers to-day the St. Paul stocks and
Pacific Mail which fell Off about point from best
prices but recovered somewhat at the close The
steamship property affected adversely by reports
OF legal difficulties with the Panama company and
rumors their vessels having been attached for
payment OF taxes. There is probably not word Of
truth in the whole matter but the stock suffered In
price as though the rumor had been gospel
In contradistinction to the fancies alluded to.
western Union and Lake Shore exhibiteda suhciency
OF strength to carry them above opening prices and 50
to hold them to the close.
Panama was notably weak, selling in the course Of
the day from 1876 to 12s with the recovery Of single
point at the close Whatever reason may have existed
for this decline it was kept dead secret and
had not leaked out at time OF writing
The monotony Of the day was frightened up by bit
OF scandal which was hawked about by newsmongers
after business hours, to witt
Ii ia stated that of these privileges have been
parted with at concession from the stipulated price,
the money pocketed and Mr. Sage left in the vocaive
situation to which as seller OF 'cals" he I'm linz
guistic sense) can scarcely object.
1t liz small matter any way; but II Is part and par
Gel of the feeble morality Of tho times, and such
conveys Its own lesson.
To summarize the aspect OF tho market, It may be
remarked that the fall in prices ncIines to halt at
present and though there nothing tho immediate
future to encourage purchases for bull campaign,
thoro is as little attractive offering for ventures upoI
the other side.
THE SALES TODAY
The transactions at the Stock Exchange to-day az.
rrcgated no. 900 shares-New York Central and Hud.
son. 100; Erie, 4450; Lake Shore, AZ S25; Cleveland
and Ptsburg $780, Northwestern $3.50; do. preferred
5oo Rock Island $50; Pacific Mail, IL, $50; St Paul.
Ii, 100; do preferred, 1885, Ohios. TOO; Western
Union, TO- 900; Wabash $50; Union Pacific, 76o Pan
anna, soo Michigan Central, 200; Missouri PacNas
1900; Union Mining Company 1000
OPENING, HIGHEST AND LOWEST PRICES
The following table shows the opening, highest ard
lowest urices Of the day.