The New York herald., 1876-02-20
FINANCIAL and COMMERCIAL.
The Stock Market Dull and Prices Generally
LOwer-WeStern Union Suffers.
GOLD FIRM AT 113 3-4
Money on Call and Per Government,
Railway and State Bonds Steady
The Bank Statement.
WALL STREET,
~ ~ n ~

SATURDAY. Feb 1876 Pm
II twould appear though Jay Gould and Twenty
third street clique had struck hands determined
onset on hapless Western Union At the opening this
morning the price up TO 74,S half per cent above
the closing figure OF the previous day. and confident
bulls like the channg gentleman adrift in the deluge
began 20 think that there mot TO be much OF q
shower after all
They reckoned, nevertheless, without their host as
did the sinner for Twenty third quickly opened
its batteries and poured hot shot in the shape OF short
stock on the until the quotation was battered
down good one point.
The attack kept up during the entire day when
the price approached the point of "a Some 900
5000 shares thus Marked as far as depress
ing the price went there must have been disap
pontment for the stock stubbornly refused to yield
except in fractional way.
While the street whole shakes its head doubt
ingy, does medical man at the critical condition OF
patient there many who believe the malady but
passing one and look forward speedy restoration
TO health with 1ne appetite for quarterly dividends
Atlantic and Pacific, which is the bitter bolus its
rival has had to swallow to be with the
duty Of physicking the enemy, for but 100 shares APP
pear In the printed list OF sales to-day
Another reduction In rates has been made to-day to
all prominent points in the Eastern States treatment
which is not likely to improve the condition of the
.'sick man"
The Twenty street party not content with show
ing their enmity to the telegraph company, had their
ding also at Erie, and sold It down from Tx TO IL,
from which II rallied which figure IL finally
closed.
Popular attention confined almost exclusively
Western Unon Erie and the st. Paul stocks, while
Pacific Mail and Lake Shore like the dandies Of the
Regency appear to have had their day.
The granger stocks firm at the start but, prob
ably ondhe lncus a hIeendo principle began fall
OF and be pressed for sale whom II became known that
the Vance bill would certainly pass both OF the
Wisconsin Legislature This is of those mysteries
which unaccountabe to the mind Of the amateur
specuator who innocently supposes that the frution
OF ones hopes is the commencement OF happiness
This is possibly tho history Of ordinary life
but tho stockjobber looks at things through medium
OF his and secs in the ccom2shment OF ascheme
end TO his speculation Like Alexander the Great
he weeps that he has worlds to conquer.
Thus the bill which has been Pottering about the
Legislature in a you IL and you don't sort
Of way for weeks past having become law there Is
finish to all "ponts rumors and dead secrets which
used to keep things active and foster speculation
The willy jobbers scramble out Of their holdings the
best attainabe prices, and the innocents who have
been lured the the spider and the fly prn-
rple left 10 beat their wings fruitlessly in its
ueshes
This has been the course Of the St. Paul and North
western shares to-day which closed severay one per
cent and one-har per lower than they started
The chief feature the prevailing dulness in the
general market and a not entirely confident feeling
the end, which closed up dealings sluggishly at the
lowest prices of the day.
OPENING, HIGHEST AND LOWEST
The following table shows the opening, highest and
lowest prices OF the day.