The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-29
The Stock Market FeVerish
and Lower.
GOLD 1O6 rs A 100 SIS.
Government Stocks Lower - Railroad
Bonds Dull and Irregular.
MONEY ON CALL EASY AT PER CENT.
WALL STREET, I
49, 10 1879


re-day's business embraced steady decline during
the morn,ng hours and partial reaction In the alter
aeon This movement particularly confined 70
tho trunk railroads. the decline IN Lake Shore, Cen
trail aud Hudson and Michigan Central varying rom
TO IL per cent, while the recovery ~ the Close re-
gained less than one-half OF the loss The wranE'e
between the railroads between this city and the "ss'
rs 10 the question of schedule prices and nigh Speed
or slow trains and low fares was the pvot'ns po'n'
tor early dealings and tho popular feeling seemed 20
b.. as indexed BY tho weakness in prices that the
d agreement would bring about serious conse'
oueuces Besides this, foreign advices IRON the seat
or war lead US believe that neither CossacK nor
Turk Is eyincing any very great appetite
for mutual slaughter and that other Eu'
ropeau Powers are svincny less, as mani
tested in their desire 70 iocalixs the struggle
This may be worry commsndablo upon the part OF the
"Powcrsi' but IS hard lines upon US who nave osen
anticipating with satisfaction the prosperity 10 oc
born Of general European war II Is hard hnes 100
upon those spectators who have backed Up the eA-
pectaton by liberal purchases OF railroad stooks ou'
wno now, finding their lines cast IN anything ou'
pleasant places, are eager TO reel up and quiz ihs
they been doing for several days past by qus'y
dspos,ng OF their holdings So much OF the pressure
upon the market us came from the Tear OF ra'roau
imbrogo was in measure removed this afternoon
BY report that the Western fast trains which haa
caused The breeze had been taken oil. and that the
Pennsylvania road would follow their example II
ths news be true the result may be described 10
the vocabulary Of tho r. r. \ victory Tor the Gen.
trail and Hudson tortoise the Pennsylvania Hare
Fluctuations the coal stocks were moderate IN ex-
tcut and were influenced solely by the course OF tho
more active stockG The may DO said Of western
Union, which remained remarkably steady win
small business Pacific Mail. the contrary, was un.
duly excited falling from 2l< 10 l91S under adviccs
received OF the OF OF the companys SHIPS the
Guy OF San II memory serves US the vessel
is Of small value, realization OF which fact probably
caused rally the stock 10 2o, At which II closed.
There was nothing to be noted In to-days market
beyond the fact feeling among spectators Is
again growing bcarsh consequent upon the continued
presraton OF BUSINESS the fading OF hopes in 40 I'm
provemen trade and the absence Of buyers OF other
than professional description
THE SALES
The sales OF active stocks to-day aggregated 1884, 800
shares which were distributed us follows:-Ncw York
Central 49, Erie 700 Lake Shore, So 500; North
western 2,sGO; dc. preferred, 1890; Rock Island,
10000: Fort Wayne, $50; Milwaukee and st. Paul.
700; do preferred, $500; Pttsburg, 200; Delaware,
Lackawapna and Western, 060; New Jersey Central
ESQ; Delaware and Hudson Canal, 2,6l0; Morris and
Essex 12l5 Michigan Central, 7,S0o Illinois Central,
es5 ONO aud Mississippi soo Western Union. L. 500;
Pacific Mail $500.
OPENING HIGHEST LOWEST.
The following table shows the opening highest and
ln.-o sniff hp day.