The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-03-31
FINANCIAL and COMMERCIAL.
Stocks Again Irregular Some Of the FaneirS
Wtak-Judgment at Fault.
GOLD ll3 rs a ll3 81 A ll3 IS
Money on Call Loans 3 and Per Cent-GOyern-
ment and Railway Bonds Quiet-ln-
yestment Securities Steady.
WALL STREET.
THURSDAY. March 60 P. ".

THURSDAY March 30-6 p VI.
II people generally complained OF the disgustingy
variable weather particularly had no cause to
complain OF the stock market in this respect Ihere
lively furry in Lake Shore. which took piace
lbont the same time that similar process going
out-ofdoors under the influence OF Jupiter Nlveus out
beyond this there prevailed calm more conducive to
snnui than TO pot-boiling
In fact in the speculative share market the entire
interest OF the day centred three or four avores,
and only 70 a moderate extent at that The list might
be compared second class theatre, with third rate
stars ana an atrocousy bad stock company, and the
brokers themselves TO a dead-head audience or a
papercd house.
The ''stars {" such they wore, were limited to
Lake Shore MICHIGAN Central and the ST. Paul duality,
and chiefly distinguished themselves by pompous
entrance IN the morning and ignomnious exit in
the afternoon
Thus, Lake Shore fell of from 6lk to co, Michigan
Central from GIL to 601 ST. Paul common from 42A4
to 4l and the preferred variety from 679S to 3d. 1t
Is difficult adduce any special for this weak
ness and the general of dull times and slim purses
have already rung the changes upon lad ndusedm
There is sustaining power in the market and even
the professional bulls have escaped from the
paddock or to have wandered away TO "chew the cud
of sweet and bitter fancy" attractive
spot than the Stock Exchange
Up to the close or business nothing had been wired
from Chicago touching the meeting of freight agents.
though operators were the tiptoe of expectancy
IND no could be had for plunge at the market
Until cables" to hand with information Of trou-
Die in the London Stock Exchange. What particular
bearing a trouble in Turks" should have upon Lake
Shore is Greek us and II would require material
lied Marco Bozzaris to<ve satisfactory reason but
happened, nevertheless, that ''strke" was made
as NJ b. recommended not for affairs and fires, but to
break down the favorile 1t successful, too, for
the impress of 900 900 shares thrown suddenly
upon the market only brought the quarry earth
but invited attack from all the other ackal short
sellers who sniff carrlon from aiar
This break down Of Lake Shore to 60 quickly spread
to the other railroads, tho effect noted in the quo
tations given above Erie and Western Union, tho
only other stocks that possessed shade of activ
lily, scarcely varied half point during the day, and
closed as they opened. 1t was "third rail" day too
with the former; but there being no ''bustcrng
alcr present with interest enough in the 10
Ehoop the price up the quotation renamed un-
changed. AS stated some days back, armstice
between the telegraph companies has been agreed
upon, and for the present speculation of West
Union.
The railroad bond market remains quiet, but strong
and with considerable inquiry for Milwaukee ana St.
Paul consolidated sinking funds dividend bonds at
instance of Mr.. Henry Smith, who is endeavorng TO
work on the bonds received by him for dividends on
the 5000 shares of preferred stock which he lately
spared to sanguine believers at higher figures and
handsome profits.
The OF the Black Friday suit might pos
Sbly suggest to Mr. Smith advantageous disposition
of the money. We present him with the idea without
charge and can furnish Mr. Speyers' address If re-
CURED
sALKs TO-DAY
The transactions at the Stock Exchange to-day ag-
gregated 165 900 shares-New York Central and Hud-
son. ASS Eric, 80 300; Lake Shore, 81, 475 North
western, 1850; do. preferred 1oOo Rock Island $50;
Pacific MAIL II, 800; ST. Paul. H. $50; do. preferred,
5000; Ohios 200; Western Union, 5000 Wabash,
400; Union Pacific, 200; c., c. and c., 400; Panama,
100; Michigan Central 1900; Missouri Pacific, 1880;
Onion Mining Company, $500.
OPENING, LOWEST PRICES
The following table shows the opening, highest and