The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-10
FINANCIAL and COMMERCIAL.
Stocks Irregnlar-Strong in the Morning
and Weak at the Close
GOLD 1l2 "a A 112 rs.
Money on Call Easy at 2 and 1-2 Per Cent
Government Bonds Strong-lnvestment
Shares and Railway Bonds Steady.
WALL STREET,

FRIDAY June e-oP.M.)
What between yacht racing down the bay and the
thoroughbreds jerome Pork, there has been pretty
snsctua winning away Of the element which controls
the Stock Exchange To be sure, the burbaric yaup
still gees-up from the class OF needy gamblers who,
from necessity choice remain behind but there Is
vastly more cry than wool in the Importance Of their
dealings and in the amount of profits still, the mill
mus, be kept grinding only for the old familiar sound
and must be kept IN rNnnng oraer whether grist oer
or not Proprietors OF the jumper variety located in
ncighboring dives, to secure custom, however,
whether brokers are doing well or III, and in their
profits provo themselves successful operators
OF the two. Absenteeism on the part OF the great
dealers Is fatal TO Wall street business os was 20
ireland the emigration Of its landed proprieors for
simply hands over TO the impoverished pcasantry OF
The board the conduct of affairs which they neither
have money skill enough to manipulate.
The sequel 10 brokers' marSct limited in It's huctu-
atious and influenced by yaup than BY any con-
certed plan OF action. Such market we have had TO-
day. with seesaw up and down again, which carried
the ss upward per cent or So only to return II ut
the end 10 nearly opening prices.
Thus Lake shore advanced from 54L TO 547s and fell
on Vt the close 10 54A Western Union reached 6s,4
from the opening Of GsA and stopped at the quotation
- started trom. Pacific Mail reached 24t4 from 23a
and finished only shade better at three o'clock.
Michigan Central came 10 the surface again to-day
and attracted more than usual attention from its firm
ness, which bettercd the quotation than per
from the early prices and held there strongly
tho close.
The pet OF the "Kanucks,, as the Ohio and Missis
spp road supposed be- did the support
OF its Montreal friends the which II generally
does but rather the reverse for dropped than
usual transactions from IL down 10 15N aad stayed
thcre. Yhcre story OF forced sale Canadian
account, but with satisfactory verifcation OF it.
There seems to be growing disposition to create a
more general speculative market, and not confne IT,
~ has been iof long time back, TO three four
avorte specaltics which have been dealt IN and
written about dd nauseum There certainly room
Tor improvement in this respect which would be at
once gratifying TO brokers and token OF an Improved
business IN prospect
sALRs. TO-DAY
Tho transactions at the Stock Exchange to-day
aggregated Ill 6B7 shares, New York Central ard
Harlem 500; Eric AGO. Lake Shore, 80, 700; North
western, 1850; Northwestern preferred 400; Rock
Island, 1000; Pacific Mail 1880; st. Paul, $780, ST.
Paul preferred 3.4o0; Ohio, O. 700; Western Union,
l3,400; Union Pacific, 200; Michigan Caatrai, $3.50;
Delaware Lackawanna and Western 1,o2o; New Jersey
Central, 440
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows tho opening highest ard
louost ~,r>ccS NJ tha dav