The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-05-10
FINANCIAL and COMMERCIAL.
Stocks Feyerish, Active and Firlner-The
Bulls BnOyant.
GOLD 112 So A 112 La.
Investment Securities Steady-Goyernmen
and Railway Bonds without Important
Change Money on Call Per Cent.
WALL STREET,
TUESDAY. May o-6 y. N.

TUESDAY. May W r. NJ
There are constitutional bears and bears wishous con-
sttusons The nrs regard things with bilious eye,
and, As II were 'through glass darkiy, and follow
In the OF disaster like jackas after beaten army
The second are simply weakly vicious, scare quickly
and fearfully ton the OF petty osses
a. did the British army in Flanders In such mixed
market prevails at present this latter class has
nne opportunity expIcvcs Tor sooner do these
sucking get short Of their hundred or two than
their ulI-grown relations converted for the time be
Ing by some Darwnian process into oullsl turn the
tables upon thor weakly offspring with grevous re-
suits This has been nsodus operandi Of the last
few days and Il continued again this morning
Business opened the closing prices Of yesterday.
but the market INN ediatey commenced TO weaken,
Lake shore dropping from Sax . ssx, and Western
Union from 66'l 655s After this there came halt,
and q subsequent recovery TO nominal figures
The powerful bears continue ~ hostile to
permanent improvement and only array themselves
the long side Tor y temporary flyer In this they
resemble their quadrupedal brethren in the Zoo.
who climb the polo Tor the eeemosynary biscuit and
the seductive cake the gift Of visitors while their nat
ura biding place 10 II the bottom OF the pit.
they well up the polo to-day the rise IN prices
will show but how they will Chamber down again
will depend upon tho exhaustion OF the supp les or
profits they seeking for. Michigan Central and st.
raul preerrel were tnvoraoy aHccted strength
Of the gepera Market and particularly By the over
sold condition OF the former stock for borrowing pnr
poses commanding l-ea and the report regards the
latter that continuance OF regular dividends is proba
be belief which ut is sad) has led to the formation
Of party bull the stock. Erie is showing bet
ter again to-day having sold high 15H more, ap
parcntly tho absence OF damaging reports than In
the existence Of favorable ones
Pacific Mail and the coal stocks out Of the days
speculation, and have no history attached to them
other than the changes in the official list OF quotations
will oIerl
Al nearly the close full head Of steam was turned
Lake Shore which sent It up 10 56h bid at three
o'clock, and also impaired a modcum OF additional
strength to the rest of tho list.
In view Of tho general stagnation which exists in
trade circles and little Improvement observable
IN commercial affairs bull market at this moment
by about unreliable the famous cab horse
Of Mr. Pckwick, which only kept going, much
against his WILL for limited period, by the application
Of q strong bearing rein and large pair Of whecls
THE SALES DAY.
regaied lao, 600 shares:-Erie, l4,6O0 Lake Shore,
TO- $50; Northwestern 3000 do preferred 800; Rock
Island. 2 46s Pacific MAIL 600; St Paul. $500; do.
preferred TO- 7oO ohins 800; Western Union 81 500;
Union Pacific. 1885, c., G. and l. c.. 500; Michigan
eCentral o,6oo; Union Mining Company, 1900
OPENING, HIGHEST AND LOWEST rRIcEs
The following table shows the opening, highest and