The New York herald., 1876-07-25
The Stock Market Irregular and Weaker
A Further Decline in Ohio and Mis-
sssippi. ST. Paul and New
Jersey Central.
GOLD FIRM AT III 3-4.
Money on Call 2 and 1-2 Fer Cent-Gov-
ernment and Railway Bonds and In
vestment Shares Steady.
WALL STREET,
MovuAy Julv 2l--6 = NJ.


"Adsum." Tho dying Colonel Newcomb murmurs
the memory brings back the recollection OF the
roll call Of bygons Charter House days; Mr. Fechtcr
'Ragsn The idea in the DUKES Motto" and the part
coored hero OF the panomime delivers his salutaory
10 same purport Not day passes but each stock
broker INDUCES in mental roll call, with the nope
that his cry for customers will be answered by the
CHEEKY word "Here" But customers grow fewcr and
fewer and those who still hover about ths market arc
slow answering to their names when summoned oy
needy applicants Tor orders Summers for few years
past have been dull and torpid enough TO satisfy
the taste of tho drow.est OF lotos EATERS but tho
present one bids fair 10 surpass them all What
with the depression in trade, the want OF in
clination or of power 10 indulge in speculation, tho
tial campaign and the torrd heats, the great
specuators have Withdrawn almost wholly from the
market and tho machine has down. like watch,
from want Of winding. Still there semblance OF
activity kept up among the jacket swappsrs who pass
from hand hand the garment which grows more and
more seedy each successive day With such state of
things It becomes extraordinary how the small brokers
succeed pulling through they do, unless, like the
reduced Roman general who grateful for an o6oto
they 60 it blind their "nyers and are greeted with
more good luck than bad.
The history OF todays market offered NO particular
contrast of inactivity to the many that
nevertheless, positively weak-degrees OF comparison
that would DO as grammaioally shocking TO Lindiey
Murray as they were financially bulls for the result
was disagreeable tendency TO lower prices ON the
part Of the trunk railroads and very serious 'cave
in" Of the coal properties notably in that OF Now Jer
sey Central This like the dog with the bad name,
seems to grow into worse and repue. To-day it
exhibited it by drop from p to Gsls, though its
closing figures showed rally TO 70, at which 1t
lnished weak. There is growing feeling that the
yrannical coal combination is approaching close,
with the result Of cheaper prices for the product and
smaller dividends turo for the stockholders 1t 10
Ill wind that blows nobody any good, and It is quite
lime that change direction should favor public
that has been RECEIVING blasts from quarter
,han due cast More r. ports OF fuller suicidal
the part OF the great trunk roads depressed
ihares At time but recovery took place at the
close Of business which pretty nearly restored the
opening figures In miscellaneous stocks there were
no salient features prices remained steady the
most part during the session
Western Union opened and closed At 70X. with
mediate sales at 5oA and 7o* Lake Shore sold ut
ssh $50. q 53A 6S. New Jersey Central, . ter
an opening at ~. declined rapidly aud steadily
10 ssh, and was then followed BY a reaction to
TO- Delaware and Lackawanna iell on from 10lx
to l00x and endod at 10l Ohio and hssissipp, took
downward turn from i4k l3ls, recovered TO l37s
and closed at l3 ST. Paul declined IRON s9s 10 3Si
sss,.; do preferred from 7l7. to 'oh. Michigan Gen.
.ral moved from 45k to 46k, with nnal sales at 451
Pacac Mail was irregular at "a 23k a4,I "a Ere
remained quiet 1t l41s AJAX. Northwest was like
wise neglected and fcsturcsss Hannibal and ST. Jo
sepb common brought ls1l Land and Petroleum was
marketed at ll2k 1924 1l2H.
Bonds and investment shares were generally steady
Tho transactions Of the Stock Exchange to-day
aggregated &C, SOS sharcs-Erie, SEQ; Lake Shore
i5,l0o; Cleveland and Pittsbure, 800; Northwest
crn. 100; do, preferred, S0o Pacific Mail, 2,4oo
81 Paul. 34oo; do, preferred, $500; Ohios 1880;
Western Union $780, Union Pacific, 200; e., C. and l.
C., 100; Michigan Central $500; New Jersey Central
lo,62O; Delaware. Lackawanna and Western. 2s4S
OPENING, HIGHEST LOWEST PRIcEs-
The following tabo shows tho opening, highest and