The New York herald., 1877-01-20
FINANCIAL AND COMMERCIAL.
The Stock Market lrrrgular-An Advance
Movement in New York Central and Jer.
Sey Ctntral-Other Stocks Steady.
GOLD 1Oe 3-8 A 100 La.
Money on Call and 3 Per Cent-G0vernmen
Bonds Active and Firm Railway Bonds
in Fair Demand and Steady.
WALL STREET, /

FRIDAY JAM l9-6 r. n.
There seemed fresh shifting OF this morn
Ing. and popular interest transferred In great
degree from speculative hacks, Lake Shore and
Western Union. to New Jersey Central The torpor
which for days past has this stock
shaken of, and II turned into sudden activity with
Pacs Of 16, 900 shares Among other ailments which
have beiallcn this property has been claim against
she Lehign Navigation Company for large sum,
which the latter refused TO pay ON the plea thai an
equally large amount Is owing in roturn from tho
former corporation. This balance to be dim
cult Of adjusting was that OF iho redoubtable
Humpty Dumpty. and has been of end OF trouble
between the TWO parties at issue. To-day Il was
stated that satisfactory solution had been
rived at which probably that the Central con-
Germ had gained shot or two IN It's locker thereby,
for orders freely to buy. and the price
spending rose smartly from 34l4 TO 3GX.
Occasion seized upon at the same time to
squeeze the shorts. and was ncaty and cGectually
done that these unfortunates submitted to the turn OF
the TO tho extent OF to s per cent bonus for
days OF cash stock. Toward the timo OF stock
delivery however, Tho craving ior shares TO cover
diminished and with It tho for borrowing, which
ie to M while the prce itself declined to and closed
ut s5A.
Delaware and Lackawanna Kept in sight OF its CON-
ranes, at respectful distance, on about one-thrd tho
amount OF dealings but subsequently lost the point
that had gained and fell Off opening hgurcs Erie,
which has scarcely had simmer In II for weeks past,
boiled up suddenly to-day and tho bears unexpectedly
found themselves In hot waters per cent rise which
advanced the quotation to l0, the result Of
significant buying, but tho Germans freely supplied
what was wanting tho rise terminated az quickly
As II had begun.
The Calitornmns havo apparently less breath than
conceded to them, a. least far as tho Pacific
Mail speculation goes for they gave out this morning
IN the most disappointing manner being able TO handle
but :, SUI shares, and making impression on the
price.
They arc tree promsers, however, as they talk
40 Tor future quotation, but the street rs pretty we'll
versed in the value of such pledges Us these, which
Keep the word OF promise to ear,
And break 1t to our hope.
Tho 'Friscans, who. apparently sick OF Western
Union, Oetook themselves yesterday to Pacific Mail.
returned to-day like tho Scrptura dog, to their elected
fancy with very little appetite seemingly, for in spite
OF transactions to the extent OF Il 500 shares they did
not succeed in securing an advance OF price.
Lake Shore remained out Of the books, far as any
Interest went and the rest OF the market, after
early specimen o activity, sank back at the close Of
The opening figures
THE SALES TO-DAY
were rs follows New York Central ant Hudson 657
Erie, 5O0 Lake Shore, Il, ,05O; Cleveland and Pitts.
burg, 21O Northwestern, 200; do. preferred, 3o0
Rock Island. LOCO; Pacific Mail. $500; ST. Paul. 400
DO preferred $780, Ohios 800; Western Union, II 54O
Wabash, 200; Union Pacific, 100; Delaware, Lacka-
wanna ana Western 6.345 New Jersey Central, 1885,
Michigan Central 0,3Oo; Illinois Central, 1890.
OPENING. HIGHEST LOWEST PRICES.
Tho following table shows the opening, highest and