The New York herald., 1876-01-14
FINANCIAL And COMMERCIAL.
A Dull Stock Market-PriceS Generally Higher,
Especially for Western Securities
GOLD HEAVY AT III rs A III 5-S
The Governor of Wisconsin on the Granger
Law-Money on Call and Per
Cent-GOvernmen and Rail-
way Bonds Firm.
WALL STREET,


Dulness, In its old familiar form made its appear
again in the street to-day. Like the inexorable
dun that hoped had gone abroad lost sea-
or had departed to that bourne from which travellers
get no return tickets old friend enemy, turned
up with pristine vigor and made his presence felt
day. There change of affections also and very
marked desire the part OF operators get or with
the old love of Lake Shore and TO get with the new
one Of St Paul
For the first time in many weeks the avorte OF the
market has been snubbed and comparatively neglected
Judged by comparison of transactions stock operators
have acted upon the sage's advice to "go West and
have abandoned the great iako Tor the mighty river
How long this transfer of interest last an open
question, but it is a surety for to-day at least that
much more considerable amount Of stock changed
hands among the ST. Paul spectators than among those
or Lake Shore.
In spite Of this Richmond in the field Affairs
were comparatively dull and dreary Stock Exchange
animals like those of the Goo must be- constantly
stirred up If you would have music, and positively
fuse TO 'growl tight" whether it he their to
or not, without some outside prodding. Whether the
leaders Of the market taking OF day to sharpen
their stick preparatory to another stirring up, OF
whether stocks, like pigs, be brought to bad
ket, when short interests closed and apprecla
tive public stand aoof suggestions leave our
readers to consider for themselves We cau only ret
crate our opinion. often expressed before that
speculation is confined the four walls OF the Ex-
change SO long there are contestants for an ad-
vance ptcd against contestants for decline fair
amount of activity will prevail but the moment that
bulls and bears reconcile differences, and become q
species of happy family shutters put up and
the shop is to rent And this appears be about the
condition of things at the present writing.
Operators who have looked at the future course OF
financial matters with doubling eye and as II were
Through glass darky" began TO fear that the horo
scope they had cast faulty in OF It's elements
and that the stars might be unproptious after all.
Once possessed of this idea they FASTENED to repair
their error. and, the pendulum swings back the
point OF Its departure they not only skipped out of
the ing pan OF 'short" contracts but have appar.
entity tunbed into the FIRE Of "long" market, with
purchasers
No doubt the equilibrium will speedily be restored
again, when shall another advance with its sue
ceeding all 1t is likely however that the short
side OF the market will, for considerable time to
come, oder any very rcmunerative return to specu-
lators
The presence of the Centennial year is held up as
tasman that shall compel prosperity and this very
determine is patent than people give t
credit for There clouds still lowering ''oer our
house. which threaten the peace OF the world and our
prosperity, but these once tin the deep ocean
buried the future is full OF promise.
We believe that hope in the revival OF speculation is
for time to be hope deferred but need not be
Of that nature which ''maketh the heart sick" Tho
evil days which have marked the passage OF many
past months arc slowly passing away, and as money
today positive necessity to keep the wolf from the
door--becomes in some shape a supernuity, II will
gradually ind It's way to the Stock Exchange and into
the pockets brokers who have almost forgotten the
took of its cheerful face.
The transactions at the Stock Exchange today ag-
gregatcd o. 900 shares which distributed among
active stocks folows:-Eew York Central and Hud-
son, ESQ., Erie, 1900; Lake Shore, 90 $50; Cleveland
and Pttsburg 800; Northwestern, $500; North
western preferred, 400; Rock Island, l,4Oo; Pa
cinc Mail 9,loo; ST. Paul. $4,000; ST. Paul preferred
30; ohios 300; Western Union 3,4Oo; Wabash.
1885, Union Pacific 1900; c., C. and c., 500; Mich
igan Central 1900; Hannibal and St. Joseph, l. 400;
Hannibal and St. Joseph preferred, 400
OPENING, HIGHEST LOWEST PRICES
The following table shows the opening highest and
foue oft ha