The New York herald., 1877-10-28
The Stock Market Dull
and Feverish.
GOLD STEADY AT lO2 ga.
Government Bonds Steady, States Lower
and Railroads Irregular.
Dull
MONEY ON CALL sL7L5 PR CENT.
WALL STREET.

WALL STREET. Z
SATURDAY. Oct 27-6P n.
Tho mystdcation In regard 70 tho future Of prices.
which began to the shape Of problem yester-
day thickenod this morning. and nothing better In
tho way OF an opinion could be got from tho aver
age operator than Lord Burlcgh shake OF the
head, which was as likely TO moan nothing as some-
thing. As turned tho sluggish nature Of
The days dealings and the business won't TO
show that speculative minds all adrlf az to the
iuturo range OF quotations Appearances are that
stand up fight Is likely to ensuo between Keene and
vanderbilt upon the bull side ald the newly converted
Dow window bears upon the other IL will hardly do how
ever 10 bot that the pea oi future profits lies under
the ,himblo Of this supposon for certain facts whs
percd To-Day point to different result. II 10 not i'm
probable that the the market have agreed
70 hx up existing opposition and pull together after
aiL II not why the quiet meeting yesterday at Mr.
Vanderbirs house. at which prominent spectators
from both sides Of the present; why
the sale to-day by Mr. Cammack ss reported, OF put
on $4,000 shares OF Lake Shore at % for sixty days Il
Is truo tho Same gentleman is said 10 have sold tho
next dividend on Lake Shore to the extent of 5000
shares tor "a pcr cent, which would seem
TO be inconsistent old not his former experience q
navigator under difficulties afford for having
recourse to SO excusable a. "blindLn The mar
ket opened steadily, with Lake Shore lit
Tie better and Western Union little worse.
For most Of the day these two active stocks were in
clncd to strike out different routcsLake Shore TO
struggle upward and Western Union 10 slip down
ward The rest Of the market was simply in the
nature OF punch-heterogencous as 10 the quality and
nature OF prices and rather than sweet-in the
Judgment Of commission brokers, who found nothing
palaable In tho fade and Improbable mixture What
With the gamble in puts and betting ON dividends
Lake Shore pretty nearly ongrossed the attention of
~ ~ wa atedln ihol
and ST. Jo by the that the receiver lately ap-
pointed had been removed and that the stockholders
had "come to their own again." Prices, however in.
stead OF being benefited, hardly held their own,
probably because holders we're sensible Of the fact
that their best card had been played tor the present.
and that there chance OF taking any more
tricks without new deal That this will be offered
Is unquestonable; for Mr.. Gould Is not likely give
mp the manipulation Of the pack, ana his dexterly
'shuilng" Is patent 70 everybody. The bank state.
ment, in the matter Of change in legal atus
Is unmportant decrease OF STA 200 In this Item
less than was expected, while tho falling on loans
Of S96 400 reflects the decline in market values OF
stocks during the last week. Money loaned call at
An average OF per cent and stocks lent spar
inSly at the same rate Thero being nothing to unect
speculation beyond the incidents mentioned the mar
vet remained steady and duh, and SO closed.
THE SALES TO-DAY.
The sales Of active stocks to-day aggregated ILL., 300
shares which were distributed as fOllows;--Nsw York
Central, 2,l0o; Erie, $500; Lake Shore, $500;
Wabash, 500; Northwestern, 4,450; do. preferred,
$500; Rock Island 800; Wayne. 176; Milwaukee
and St Pau. $780, do. preferred. $500; Pittsburg,
80o Delaware, Lackawanna and Western, 12,o4O;
New Jersey Central, $50; Delaware and Hudson Canal
1925 Morris and Essex, 800; Michigan Central 140o;
Illinois Central 1885, Union Pacific, 500; Hannibal
and St Joseph, $50; do. preferred, 26OO; Western
Union, Is $751; Pacific Mail. 225 Quicksilver, 800; do
preferred. 1000
oPExIy0 PRIcEa
The opening prices were as foliows:-Gold, 102A;
Western Union, SIX; Lake Shore, 6sx; New York
Central 1861 Michigan Central, 65k; Rock Island,
10l Delaware, Lackawanna and Western, 81; Della
and Hudson, 46>s; Morris and ESSEX, 70; Erie,
l2%; Ohios, 9% Wabash, l5>s; G., G., c. and 42k;
C., G. and l. e., ~; ST. Paul. 341s; do preferred
BsI; Northwestern a6H; do preferred, e4A Illinois
Central. 20; Pacific Mail, 2aa; Hannibal and S. Jo-
seph, 12t; do preferred. 261s; Quicksilver 17h; do
preferred, 40; New Jersey Southern, IN; Pittsburg
79ls; Union Pacific dividend Off, 6s; 81 Louis North.
ern, 4zs; Now Jersey Central, II; Ontario Mining
Company, 23%; Fort Wayne, ok.