The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-02-16
che Stock Market StrOlg-A Sharp AdVsnt. in
tie Granger Securities, New TOrE
CeRtraI and Rock Island.
GOLD FIRMER AT lib a-s.
Honey on Call 5 and Per Cent-FOrsiga Elk.
change Steady = Government Bonds
Higher and Railway Bonds Ac-
tive and in Good Request.
WALL STREET.

TUESDAY. Feb. 15-6 p n
me grangcrsioc are again to-day tho magnet Of
the market There has been but little variation In
public attention, in the slight perturbation oc-
casioned by the rise in Central and Hudson
The needle has been true to the pole, and the pole
to-day was the Northwestern and St. Paul stocks. IL
has generally been accepted as fact that the pool
in these securities had been sold and the shares
widely distributed among general operators there
certainly no evidence from transactions warrant
this belief or conclude that any other than
the old party handling the ribbons Northwest
common preferred had the innings to-day
while the ST. Paul people did some very lively fielding
and whom wckets struck at three O'Clock the
first named had added good point to the days
score, with apparently any number OF wickets to go
down tomorrow.
{ Next to the granger stocks, Central and Hudson
showed the strength and greater RISE for
after slumberng It has done for many months it
seems TO have wakened up like giant refreshed
There sales of shares ian unprecedented
amount in these times for sleepy stock} and on t
the price carried from I14A to HOY. The quid-
much exercised to the OF this activ
ty and fthey obtain facts at theories
These are some OF them Jay Could who is made the
scapegoat Of all the odum he credited with all the
movements in the market, rs affirmed to be short OF
the stock at figures twenty points below present
prices and that his contortions endcavoring
cover is due the sudden activity the shares Others
point to the high price Of investment stocks which
admit of an unsatisfactory return In the shape
of interest and tell you that IL Is as
. natural for investors money TO flow into
sterling security like Central and Hudson
which pays eight per cent per and viii pay
ten, as for water to down hill. Whether tho
strength OF the stock be based upon Gouds exgences
upon It's intrinsic merits is insignificant in view
of the fact that there is little of it be acquired and
that little only at the expense Of higher ngnres.
The market to-day has been somewhat like plum
pudding mixture of rasins citron, sugar and -four
Tho goodies have named above the baser ingre-
dents, composed of such stocks as Lake Shore
Psef1c Mail 0hos and Western Union. There is little
ito be said about either, they treated with
almostcontemptuous indifference
Western Union was somewhat OF an exception Us it
seemed to be the sick of the marke-one of those
invalds in whose "physicians were in vain for
1t closed at nearly per below yesterdays final
-salcs.,e
Tho reduction OF rates by the Atlantic and Pacfno
Company, noticed this morning and the street
talk 70 the effect that the magnates OF the company
been getting out of their stock Joined to the spprehen-
sion that the coming dividend might be or passed
srendsred dealers tmid and reluctant operate Tho
great strengh ofthe OF the gave it susan-
ingpower however which possibly averted lower scae
of prices There wasnothng remarkable In the tissue
paper fances and such changes in quotations as were
made will be found under their proper headings
OPENING, HIGHEST LOWEST PRICES
The following table shows the opening highest and