The New York herald., 1876-11-17
FINANCIAL and COMMERCIAL.
The Stock Market Feverish
and Irregular.
GOLD l09 SO A 109 rs A lO9 3-4.
Money on Call Loans 2 Per Cent-Railway Bonds
Generally Firm-Governmen Steady.
WALL srRxHr,

THrxspAY, Nov. l6-6P n.
For another day Lake Shore has been Chinese
puzzle TO the Board, aad there being no Celestial
handy 10 construe IT, into pigeon English. re-
mains Greek 10 everybody but the wrepulIers them
ssvea There was . recovery IRON the IS point Of
yesterday, the quotation reaching 66k shortly after
midday, again. receding to 55h and closing a. tho
highest ngurea OF why and wherefore each one has
hypothcs but nobody possesses facts, and In this
sass nobody 10 the wiser, one can can go II
blind" either side OF the account without being
bothered for reasons which, alter ALL is safe ~ any
other way.
Al one time the Board was treated to . seesaw,
Lake Shore rising and the Granger stock rapidly fall
ing ut the same moment II was then universally con-
csded that the avortc wonderfully strong and at
the close OF business no reason was seen 10 change
this opinion.
Not 80 much can 30 said of the estern ana st. Paul
htocks which though their figures were clothes,
large for present values, and thoy were
shrinking them down to it, Thus the Northwestern
fell from SAX 321 and 5s5S to Ok, they were
common or preferred, aud closed shade bcter. The
81 Paul shares having been undergoing shrinking
process for time back less disturbed to-day,
bat nevertheless lost ground and finished below open
ing prices The granger stocks are not suffering ap-
pArently from aLy special difficulties other than those
Of diminished and remunerative trade, but simply
going to the bad with Ohio, Wabash, c., c. and G.,
Eric and other light mbered tancies which hope
less in respect to dividends and incubus upon the
hands OF hodcra Hopes of reformation were enter
taned long the or trade looked encourag
Ing; but now that this anticipation has been aban-
ioned for this fall at least they being voted the
black sheep Of the stock list aud abandoned by all
former frienda In this connection, however, Is due
10 the ohio and Mississippi road 10 say
shat the company positively deny the report about
recevership and state that the January interest will
be duly pah.
Transactions Western Union and Pacific Mail have
been very limited at prices making but little variation
The latter stock remains steady and strong under the
action said to have been taken in the meeting OF d.
rsctors yesterday, which puts the line equal terms
with the Panama Transit Company in respect TO tolls
the Panama Railroad.
Railway bonds quiet and steady, with an i'm
provement in the Ohio and Mississippi issues based
apon denial by the company OF uniavorabls reports
At the close prices wero shade better under the
influence OF foreign teegrams which were construed
70 be Of less peaceful nature.
THE sALxs TO-DAY.
The transactions at the Stock Exchange to-day
kGregated l39 ITO shares:-Erie. 700; Lake Shore
1850; NorthwesIern s, 200, do. preferred, s. 700;
Rock Island ls4o Pacific Mail, $500; ST. Paul. IL 200
ID. preferred, 20. $50; Ohos, $3.50; Western Union
$500; Wabash, 500; Delaware, LacKawanna and West
srn $500; New Jersey Central, $500; Michigan Gen.
tral, IL, 200
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest and
-