The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-01-06
FINANCIAL and COMMERCIAL.
The Stock Market Still Irregular and Without
Feaiure-The Lake Shore Report.
GOLD STEADY AT III II A III 5-S.
Honey on Call Per Cent. with Final Offerings
at Per Cent-Raiway and Gov
eminent Bonds Firm.
WALL STREET.


Lake Shore remains still as conspicuous character
IN Change as does Ophea in the tragedy specu-
alton hamlet convertible terms in a heurative
gense and 20 be ''still harpng my daughter is
much tho craze OF stock gamblers Of the 'melan-
choy Dane" Nor for the matter Of that is the damse
30 particularly deserving OF possession after all She
ted fairly upright life until Commodore Wander
bilt kept company with her." and eventually dragged
her through the horsepond OF wRtered stock.
Nov tn, he has shaken her OF and transferred his
affections to his love away up the Dominion
OF Canada, our petite dame is looked upon with
evil eye Her schedule OF assets accepted with
many grains OF salt, aud her demands flashed upon
stockholders in the shape OF dividends doubted
be better than paste This doubt exists relative the
two per cent distribution to stockholders declared this
morning. ltmay be gem Of the first water, but there
are judges competent to give opinion who find in
Il only sham of the Paais Royal sort-a clever mta-
tIon.
SO we must wait for clear exposition OF the condi.
ton Of Lake Shore mot for cooked statement, that
may be UNDERGONE to suit the public palatel
before we are sure that our 0phelia be really "al
that fancy painted her." merely demirep. That this
uncertainty obtained from lnd to hnish' OF business
hours is proven by the course OF the stock Best
prices were made at the opening, when rumor an-
nounced dividend probable worst prices obtained
when the dividend was assured. Circumstances
were iucOnstant but reasons were sound.
And these are some Of them Is averred
that The road though picking up lately general bus
ness, has gained such net surplus over and above
Its running expenses aud interest requirements
should safely be divided up among stockholders
There ~ doubt be money in the bank to disburss
at the stated time; but people suspicious OF the
mill from which the grst comes and have no con-
ndencc the Executive Committee miller In
the absence Of definite facts it cannot be objected to
that spectators will draw their differences
and frame their own conclusions, and when they do
state that the supply department Of Lake Shore
has been cleaned out that COAL OIL iron and the thou
sand things necessary the working OF rail-
road have been reduced TO starvation point for an
equivalent OF cash. is not remarkable that tneasness
exists aud investors
This merely street talk and may be baseess. AS
remarked above, PLAIN, straightforward statement
Is what want. We have had enough OF the laundry
In Stock Exchange dealings and will not tolerate the
addition cuisine. We propose digest state
ment raw take oysters and utterly
lect /, cooked" So Messrs. Directors
passing mdurais quart dheure" before dinner and
snxously await the announcement that the bivalves
aud Chabs served Should Official figures prove
that the declared dividend has been earned fair
busiuess-lkc manner, It will be matter of sincere
qualification every who desires to promote the
raroai interests Of the country Should it however,
shown that the step has been taken to advantage
cliques ana stock gamblers may out
fortunate one indeed.
Matters otherwise were so entirely absorbed in the
Lake Shore that little nothing is left de-
eervns Of comment
The St Paul stocks quiet to-day as they
active yesterday, and that too in face OF the official
announcement OF improved receipts TO the extent
Ss4, 800 10 December, 1875, 1874
Western Union and Pacific Mail out of the race,
and Union Pacific abandoned by jocks and stable help
ers, had hardly leg to stand on.
THE sALEs TO-DAY
The transactions the Stock Exchange to-day aggre
gated " 800 shares:-New York Central and Hudson
River s45; Eric, 4,oOO Lake Shore, AZ, III; North
western, 1900; Northwestern preferred, 400; Rock
Island, 500 Pacific Mail, 2O.7Oo St Paul 600; St
Paul preferred, 2,OoO ohos, 400; Western Union,
q 200; Wabash, 200 Union Pacific $780, Panama 200;
Michigan Central. ,0oO
orEsIsG, HIGHEST AND LOWEST PRICES
The following table shows tue opening, highest and
a.