The New York herald., 1877-09-11
The Stock Market Inactive
and Generally Weak.
GOLD 1O3 3-S A 1O3 1-2.
Government Bonds Steady, States Dull and
Firm and Railroads Irregular.
Money on Call 4 a 3 a . IL
Per Cent.
WALL STREET,

MONDAY, Sept. 10-6 p. n. J
Tho hnu leaders still continue mute as the harp
that hung on Taras walls, SO far as their iuture In
,eutious CO. and do allow much to be discoverea
of their present ones Hence there is plenty OF op-
,or,,,,, for sprmlse afforded to the smaller brokers'
but very little business as the market inched "
stand stll or at most fuctuae fcebly in the absence
or the master hands SO far as can be perceived now
ever there is effort to wash these master hanas oi
ne many stocks as possible without inJuring prices
and to-day as for several days back, the cleansing
nrocess continued The met with so Tar Is out
moderate for with the bear party extinct ana Inc
public Indifferent, there is nobody willing 10 put up
the amount OF soap necessary 10 Fenaer 'h'
operation successful. Consequently VIC ha'o
. market of shreds and patchcs-weakened
ut one moment by presence Of sales, strengthened
BY repurchases another, and irregular gehery aS
one stock another by turn receives the atteno"'
OF the clique 1t thus happens that prices are ioun
pobbing up and down like an anglers float in trout
poo and the small broker fishing for fractions Is IN
constant alarm lest the apparent bite be nothing better
than a disappointing nbble after all These ups anu
downs were of frequent occurrence day. ana IN
most cases were limited by difference OF one per
cen. Early dealings made to hrm ngures'
which at first grew petter but they shortly gave way
to a period OF dulness be supplemented al the emu
by general weaEuess and nearly the lowest prices VI
The session. The loss was In the coal stocKs
Michigan Central, Western Union ana 'no
Northwesterns the average decline from best prices
being one and one-half per cent, while the rest
of the list sympatnzed in an irregular way
as il had been doing all the morning The Russian
victory as reported in to-day's papers, which may
lead 10 speedy termination OF the war and conse-
auen opening OF the Black Sea to the expectation OF
the wheat crop Is regarded as unfavorabe TO our own
n his ma be
uon OF the Western farmers, who, from all accounts,
are holding out tor 81 bushe for their wheat and re-
fusing TO sell any lower price. The severe lesson
taught them two or three years back when tney as
sumed similar position has gone ior naught.
Money on call remained in good Demand but was
readily Obtained at 80 and per cent
THE SALES TODAY.
The sales of active stocks the Board to-day aggre
rated l2l 200 shares which distributed as fol-
lows:-New York Central, $3.50; Erie, eco; Lake
Shore. l3 $50; Wabash, 3,ll2; Northwestern $500,
do preferred, 1885; Rock Island, 1,ol3; Milwaukee
aad ST. Paul 100; do. preferred, 5000; Delaware.
Lackawanna and Western 2l4l0; New Jersey Cen
1ral, 80: Delaware and Hudson Canal, $50; Morris
and Essex IA; Michigan Central, 20,400; Illinois
Central! s33; Union Pacific 200; Ohio and Mississippi
4 $50; Western Union, 900; Atlantic and Pacific
Telegraph, 775; Pacific MAIL c.el6; Quicksilver, 100;
Adams Express, 2o0; American Express, $685. United
States Express, 3I5
OPENING, HIGHEST AND LOWEST
The following table shows the opening, highest and