The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-27
FINANCIAL AND COMMERCIAL.
Another Dull Stock Markat-Prices
Generally Lower.
Money on Call Loans 2 1-2 and Per Cent
Foreign Exchange Fraction Firmer-
Government and Railway
Bonds Steady.
WALL STREET.

MONDAY. June 26-6 p. NJ.
We're Hamlet alive to-day and member OF the
Stock Exchange engaged 10 the impossible task Of try
ing TO make . living instead OF incoming about half
DAFT Danish GIRL he would nnd that his TOO solid flesh
would mslt' IN the heated atmosphere Of the board
room without any particular expression Of desire
the subject Stocks seemed inclined 10 melt with their
manipulaiors. and there a thinning down Of 49,
urss. a. II they, zoo. bad the capacity
To grans and sweat under weary life.
Certainly, there q good deal Of both these per-
tormances INDUCED to-day, with tho result OF de-
sroyng the temper Of brokers and the temper OF the
market a. tho same time. Indeed, the one Is the
natural sequence Of the other and II inirequenty
happens that stocks elevated depressed with the
spirit Of the operators There outward
existing to-day reduce quotations beyond the heat,
the dulness and the absence Of the ruling powers.
Nor tho effect material even thcn. for the
decnation was, with few exceptions marked by the
simplest OF fractions hurtiu only TO the leanest OF
bulls
In the early dealings Michigan Central made dis
play OF exceptional strength, rising from 40 TO 50x,
and recedng original figures at the end. showing
Of earnings expenses for the year ending May 81
ulI looked unexpectedly favorable, but II
rightly remember is but slightly better than for the
previous twelve montha The board, elected TO
day, may make fresh and successful depar-
ture; but the entangng alliances Of leased roads and
bonds guaranteed ~ high Of interest render the
path Of prosperity rugged enough.
In amount OF sales Western Union assumed its old
place the head Of the Glass; and secured medal for
being the weakest stock the list opening 1t did,
at OK, and finishing up 68>s There contrary
opinions expressed the future Of this security,
one party pointing TO its increased receipts and the
other claiming that the Improvement Is ephemeral,
It Is derived from the extraordinary business
NJ
conventions has created
New Jersey Central hobs about from day day, like
= cork on a fishing line and is az difficult TO place as
pea under manlpuator thimbc when be is rigging
Union Pacific II appears to be wanted by bears
for borrowing purposes than by bulls for investment
and It cost the former 64 and 1882 satisfy the de-
mands Delaware and Lackawanna dearer STILL
ll6 being paid for Tac stock is quito
steady on transactions of some 600 shares
Next 10 Western union ST. Paul preferred exhibited
the greatest Of dealings the expense Of
per cent drop in the price, between the extremes Of
70X and 69 The capitalists OF tho market almost
~ much 10 be commisera.cd the holders OF
dividend paying Stocks for they get but little for
their money Any amount OF the needfu Is 10 be had
At per cent on mixed collaerals, at Ia on govern
ments and at figure At all II haven't the
other Most brokers being In this latter condition
reminded OF tho passage in Coeridge's poem
Water water. everywhere.
Nor any drop to drink
SAILS TO-DAY.
The transactions the Stock Exchange day aggre
gated s. $50 shares:-New York Central aud Hudson,
100; Erie, 500: Lake shore 1900; Northwestern 4oo;
do preferred, 1900; Rock Island 100; Pacific Mail,
700; St Paul. 500; do preferred 1920; ONO, 400;
Western Union, 1900; Wabash, 500; Michigan Cen.
trial. $3.50; New Jersey Central 24ls; Delaware. Lack
swanna and Western, GIL
OPENING, HIGHEST LOWEST PRIcKs.
The following table shows the opening highest and