The New York herald., 1876-11-28
FINANCIAL and COMMERCIAL.
The Stock Market Unsteady and Inclin-
ing to Lower Prices.
q O L ID 10 8 1-e.
Honey on Call Loans : and 4 Per Cent
Government Bonds Shade Lower
Railway Bonds Irregular.
WALL STRICT.


MONDAY. Nov 21-6P 81
The malgn influence of the political upas trcc was
elt in the market to-day, blighting trade aud en-
eebllng prices While there Is no pronounced appre-
hension OF popular disturbance there still exists sum-
latent anxiety to check operations and TO create
On indisposon for ventures until tho line Of the
political horizon shall be dslincty marked out
Tho same feeling seems to prevail in the gold room
Also az shadowed by slightly quotations for the
precious metal despite the current shipments and the
Iurtber Withdrawal Of f2oo 600 the Bank OF Eng
land to-day, destined 1t is assumed for this country.
In the absence OF all reports, rumors and RAIDS,
Il IS fair 70 suppose that the declining tendency
exhibited By the share list Is attributable TO the polti
cal situation soaly, especially as no important demon
stration cssayed by the groat bulls in an upward
direction aud such business existed confined
sales OF long stock, tho creation OF short contracts
Even the railroad people mum oyster. in
regard the war, and bad a word to utter in
the OF tho Increased tariff upon dressed hogs"
though they had not been carrying this description
or freight all Centennial passenger traina
So there good reasons Tor prices to d~indIc,
and they commenced TO do almost, the opening OF
the tarly strong market. and though tho decline Of tho
day was inconsderabe, there occurred rally to
speak Of
Tho decline in the railroads averaged about x per
cent Union Pacific proving exception by springng
into notice like Jack in-a-box and startling tnrcs
points of from its price in no tmo Some people saw
In this sudden plunge settlement OF the vexcd Presi
dental question: and pictured Mr. Ti!dcn pursuit Of
Jay Gould armed with very long and sharp stick.
The market OF the lot the coal carriers which
suffered to tho extent OF per cent decline undcr
seller 60 sales ut 25 TO per below the market
large proportion Of the short interest has been
worked into this FORM and the hand to.mouth borrow
ing system has diminished accordingly as the lessened
premiums on loaned stocks distinctly show.
Western Union is credited with moro than average
amount Of transactions at prices that scarcely budgcd
phet instgated 1t Is said by Gould, perpctratcd by Mr.
Barrett mathematical expert and generally intended
10 show by truthful figures the comparative worthless
ness Of the property, made It's appearance on the
street this afternoon.
The prico OF money call stnened upAo per cent
At one time and closed at bid. effect produced,
most probably, by the that influenced tho
values Of gold and stocks.
aA THE SALES TODAY
The transactions at tho Stock Exchange to-day
aggregated 0s,4l7 shares:-New York Central and
Hudson $40; Erie. $500: Lake Shore, 33,050; Clevc
land and Pittsburg 3s7 Northwestern 500; do. pre-
ferred Geo. Rock Island, 1900; Pacific Mail, $50;
st. Paul. l,400; do. preferred, $500; Ohos, 1900;
Western Union, 1925; Wabash, 2,4s5; Union Pacific.
230O; Delaware, Eackawanna and Western, 20 $50;
New Jersey Central, GOO; Michigan Central, 6,200
OPENING, HIGHEST LOWEST PRICES
Tho following table shows the opening, highest and