The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-15
The Stock Market Fairly Active, with a
General Decline in Prices.
GOLD 10Y 1-s A 10Y.
Government Bonds Lower and
Railroads Irregular.
Money on Call Easy at 2 8
2 1-2 Per Cent.
WALL STREET,
MONDAY. Nav 14-G Z. 81.

Except that prices generally have been inclined to
faint away to-days market scarcely calls comment
The speculative dscapc spread the stock
obber as fiat pancake, and in the way OF profits
about as void Of nutrtve properties No shepherd OF
The ''Landes, " mounted upon stilts surveys
dreary than does the Ordinary Spectator in his
look forward to tho future Like modern Bo-peep
be has lost his sheep, and is in doubt whether they
will turn up transformed into bulls bears. That is
10 say that nothing points clearly either long
short side OF speculation ana that the future remains
In doubt which few operators take the benefit
or Consequently, both buyers and sellers tImid,
and being as 1t were, suspended, like Mohammeds
coffin in equvocal position, hesitate to act either
upon one sido OF the market upon
tho other. Possibly Tor this transactions
fell below III GOO shares to-day. There fell also the
prices oil the whole list Not seriously, but with
gentle decline that closed up figures abatement
tho best quotations, and scarcely equal, in some
instances to the opening ones. There was no
for this, except that 1t sell than to buy
and that the halt the market has brought some
long stock which had been held back for high figures
Central and Hudson fell of per from yesterdays
prices but regancd moiety OF the loss before tho
close. The bugaboo OF reduction of tho canal tolls is
urged against It and influences short sellers much to
the advantage OF investors who, day by day, are
quietly absorbing shares ut market prices Mean
USE a rate (which might be uncomfortaDly
augmented were holders to agree upon with
drawing their shares from the loan market
Western Union was noticeable for strength the day
through, although there some concession in price
at the Close AS usual, It's ways are mysterious and
past finding out II Is bold who would
sell short and it requires holder
to buy it. Operators look upon it a sort
Of poisonous and speculative Sptz that would
Tho show Window people have pacarded it with
"hands of y and whio fearing 10 touch IL upon the
short side equally fearful Of the long sde although
they confess to entertain favorable impressions with
regard to its future. The coal stocks up and
down the general market swung to and fro and
were moderately active, but Tree from outside pres
sure either way the othcr. The rest OF the list
calls for remark, being Influenced solely by the
course OF the active stocks.
THE SALES TODAY.
The sales Of active stocks to-day aggregated 49, 1913
Central, 935; Erie 100; Lake Shore, So 472 North
western preferred, 2S00 Rock Island, $500; Fort
Wayne $50; Milwaukee ana ST Paul, 500 do pro-
ferred, $50; Pittshurg, 260; Delaware, Lackawanna
and Western, 54,7S4; Delaware and Hudson Canal
10, 200 Morris and Essex, 1920; Michigan Central
13,774; Illinois Central, 1900; Hannibal and st.
Joseph 400; do preferred, 200; Ohio and Mississippi
1000; Western Union, 1925; Atlantic and Pacific
Telegraph, 900; Pacific Mail. 100
OPENING, HIGHEST AND LOWEST.
The following table shows the opening, highest aud