The New York herald., 1876-12-31
The Stock Market Irregular-ImprOvement
in the Old Investment Securities and
Weakness Among the Fancies.
GOLD 10Y A 1o7 1-s.
Money on Call Loans and s Pei Cslt- Government
and Railroad Bonds StsadJ-A Favor
able Bank Statement
WALL srKgEr.


SATURDAY. Dec. 500 T. H. {
the chapter OF accidents winch has lately pre-.
sened such grsvous reading there has been ADDED to-
day another pre written usual in letters Of blood
Whether the casualty the Lake Shore road was due
TO ancontrollable circumstances or TO the want OF
proper and procauton may may not be cstab-
lIshed when inquest s held. II is quite sufficient
for purpose note the TACT that public opinion is
quick iorestall such verdict without waiting Tor evil
dence and by s action TO lay the blame OF the disaster
upon the heads Of the company. Such action
to-day ITS effect upon the price OF the stock.
The Weakness developed yesterday by the declaration
OF beggarly dividend was aggravated to-day by the
news OF the slau ghier There the certain damage
to the road at present and the uncertain, but even
moro alarming damages be recovered by course Of
Law In the future and the two together likely
make short work Of the company's surplus.
Thus argued the BEARS they adding, moreover, that
steps would be taken to enjon the payment Of the
dividend in order that it nigh, be held in TO
the contingencies OF the disaster. In this way
the catastrophe used TO rig the market and break
tho price from 55.. to 55, at which respectively the
stock opened and closed
While Lake Shore tended steadily downward the rest
OF the list presented very irregular features Michi-
gan Central TO 45 and subsequently iei back to
Az pressure Of seller so option being brought 10
bear by OF the Osborne brokers' ST. Paul preferred
showed uncommon strength and Delaware and Lacka-
wanna advanced IL per cent the lowest price.
The athletes OF Exchange court who can turn dip flaps
for quarter quicker than any other party in the
street, apparently buyers OF this latter insecurity
at top prices, whether to have and 10 hold simply 10
shorts with will be left for time to show.
The same parties at the close had ning at Central
and HUDSON, and sold 1t down from l01 TO l00ss The
course OF this stock Tor time back has been to
open strong the morning and TO close weak at night
Bcars evidently desire to prepare Tor the contingency
OF the Commodore's demise between dark and daylight,
and, like poachors In lsh preserve, set their ught
lines accordingly.
Changes In othcr stocks were unimportant the mass
of tho days business being confined TO those notca
Sales OF gold made at LOT and 107h, the price
for carrying remaining at an average Of per cent,
which was also the loaning the share market
The disbursements from banks and other institu-
tions in the shape Of interest and dividends, which
commence on Tuesday will afford welcome relief to q
situation which not the less disagreeable because
temporary.
THE SALES TO-DAY
amounted to 125 600 shares, the principal business
beng confined to Lake Shore and Michigan Central,
with a fair trade in ST. Paus and Western Union and
Delaware and Lackawanna
OPENING, HIGHEST LOWEST PRICES.
Tho following table shows the opening highest and
low prcos Of the dav.-