The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-08-01
Stocks Unsteady and Gener.
ally Lower.
GOLD WEAK AT 105 Ia A 1O5 3-S.
Government Bonds Steady-Rairoad
Bonds Quiet.
Money on Call Easy at 1-2 a
2 Per Cent.
WALL STREET,
OF q IL Al z

TUESDAY, July 3l-6 r. NJ
Speculation to-day gyrated about the telegraph
fancy Il being necessary to keep the interest OF the
market up to working point the bulls have set up
Western Union as a sort of Punch and Judy show,
hoping by persistent squeak and Naturalization to
draw a crowd OF operators. Thcy were SO far sue
ccssu to-day the mann attention to this
stock. Dealings up to Al, 900 shares, which were
ncay onethird OF the entire transactions ana werc
made to u rising market, which advanced the price
rom 68 to 71A, though in final dealings there
TALL back to TX. The old story OF consolidation
with the Atlantic and Pacific Company again
worked an incxhaustablo placer, and still another
golden egg squeezed out of the Geographic goose
banging high at present, but with a disastrous dump
threatening its uture The story goes that Gould has
transferred his interest the Atlantic and Pacific
line to the old company. Who the constituent
buyers or. what the guild pro quo
may DO are not named aud probably
never will be- The story, having achieved all that
was expected Of IT, will be allowed to die out, rs has
many one of the same nature before IT. The rest Of
The market at tho beck and call OF Western Union
having apparently volition Of It's own Fluctuations
unimportant, in the main steady and Influenced
mostly from the Geographic quarter The trunk roads
and coal carriers and fell with the leading fancy,
but did not vary enough either way to disturb the
reny OF either bull BEAR There is talk about
This respect, apparently difficult to put finger upon
IS the Frenchmans flea After making it known
shat the Treasury would sell GOLD, suddenly
informed that 81, 900 900 Will be offered Thursday.
Certainly big wig like Cabinet officer may be cx-
cused for changing his mind but 1t would DO sat-
sIactory to the great public, who are were bald
headed respect to finance, TO get some sort Of
ton to what the policy of the government is going
to be. II 1t be the intention of Mr. Sherman to excite
lively business In the Gold Room by playing fast and
loose with his coin balance he will undoubtedly sue
ceed; IT, however, he cares to foster the legitimate
trade Of the country upon basis freed from specua-
lion the he shows his intentions the better.
SALES TO-DAY.
The Transactions at the Stock Exchange to-day ag-
grcgated 1000 shares:-New York Central, 4SiO
Erie 6lo Lake Shore, 80, $50; Wabash 1000; North
western, 600; Northwestern preferred. 6.650; Rock
Island, 1850; Fort Wayne, $780, Milwaukee and st.
Paul, 500; Milwaukee and st. Paul preferred, 67O0
Pttsburg 100; Delaware. Lackawanna and Western.
$1,000; Now Jersey Central 20O Delaware and Hudson
Canal, 14lO; Morris and Essex 2,62O; Michigan Gen.
trial. $3.50; illinois Central 1896 Chicago, Burlington
and Quincy, $780, Iron Mountain, 100; Hannibal and
st. Joseph, 100; Hannibal and ST. Joseph preferred,
BOO; Ohio and Mississippi, 300; Chicago and Alton,
1900; Western Union, 44,925; Pacific Mall $500;
Adams Express, ITO; United States Express, Ito
OPENING. HIGHEST LOWEST
Tho following shows the opening. highest and