The New York herald., 1876-02-10
FINANCIAL And COMMERCIAL.
Another Weak and Irregular Stock Mar
ket---The Bears at Work.
GOLD QUIET AT III 3-4 A 112 rs.
Money Settling DOwn-The Rates To-Day 1-2
and Per Cent-SOme Railroad Bonds
LOwer-Investmen Shares
Generally Firm.
VIII SrRrrr

WEDNESDAY, Feb Cd P. NJ.
After battle in which the opposing hosts have been
engaged it is not uncommon with civilized nations for
commanding generals to agree upon an armistice
There appears to have been tact consent to such
truce on the Stock Exchange to-day. dropping fire
from outposts and desultory attack here and there
marked the day but there has been general engage
ment The market a whole has been quiet and
uneventful and whatever activity was manifested
confined TO two or three specaites. Pretty much the
only security which showed strong front to the
prevailing depressing influence that OF ST. Paul
which worked its way up in both common and
preferred qualities from 20 43 and from rs 79E
spectively, and closed within shade of these prices
The ST. Paul shares have grown considerably into IA
vsr offering fair chance speculation for higher
prices the view that has been
ing money and that the gains have been put to the
legitimate of paying its debts 1t conceded that
for the past years spite The antagonsm OF the
Potter law the road has earned enough to pay the
Of seven per cent its preferred stock but that drec
tors have wisely voted to set this aside for the
tngushment of its floating debt rather than divide
the surplus among stockholders. With this belief and
the anticipation Of bond dividend inquirers for the
stock have for some time back shown up in consider
able force.
or Northwest Western Unioa Pacific Mall and
0hios all of which have recently attracted the atten
consigned to the hungry hunters after eighths who
went either with good fat capon lined" hungry
as hunters are popularity supposed to be-
Lake Shore Of all the popular favorites, seemed to
be most in disrepute, and the main attack OF the
Gould faction. There shown evident desire to
realize, and signs pointed to the Robinson Osborn
party being particularly desrous to exchange certif
for cash. There floating about of d-
minshng earnings and doubts of another dividend,
which bears using to depress values, but ia alb
OF any official will be safe accept
them only with grain of salt extra size.
The Hannibal and ST Joseph stocks showed them
selves the weakest OF all the funces and declined
two points from opening prices. The why and the
wherefore the subject OF general discussion salts
factory nobody.
Michigan Central came on the market very weak in
the knees and when showed a disposition to brace
up was thwarted in the attempt by sales Boston
account, which disastrously affected its underpinnng
as the printed list will show.
The Stock Exchange do without
mystery than Mr.. S " White, OF Plymouth church
notorety, without "a grievance" and we have had
hrst class to-day The sudden departure for
Europe ION di0 Of one OF Mr.. Goulds prominent
brokers in his yacht vesta. The catching up in a
cloud Of Elijah OF old could not have astonished his
friends thoroughly than did the sailing OF the
yacht.
The gobcmouches of the something very
strange the proceeding the light Of the recent
Gould Mills imbroglo, and unable to understand
that gentleman could board his vessel for fort
nights saR without leaving 2. p C. for every pad
shaver In the purieus OF the Stock Exchange.
AS we stated the head OF this column the market
Is mixed and traders uncertain future course
II is likely that it conupue long this of
uncertainty, and few days must show whether, the
Il
"better worse.''
OPENING, HIGHEST PRICES.
The following table shows the opening, highest and
to,yast mr. icae of thu