The New York herald., 1877-01-19
FINANCIAL And COMMERCIAL.
The Stock Market Irregular-Still
Lower Prices in st. Paul.
GOLD log l-2 A LOG IA A LOG 3-S.
Money on Call 4 and 3 Per Cent
Governments Firm.
THURSDAY. Jan. 1916
WALL STREET.

Tho tidIngs from Washington, pointing TO q speedy
and satisfactory settlement OF the vexcd Presidential
question, came through tho morning papers pleas
ing accompaniment to the matutinal mufin-par.
hcularly 30 to bears In gold and bulls in stocks,
who seeing In their minds eye an inevitable decline
III the one and advance in the other TO be held
excusabe for any premature Matching Of embryonic
chickens the proverb TO the contrary notwithstand
ing Unhapply the hopes of men, like their best laid
schemes, gang aft agley," and IL SO fell this
instance, for tho decline In gold proved be Of
porary and fractional nature and the advance in stocks
just nothing at all. tits truo the early impression
upon the markets was In tho wished for way, mas.
much as shares stifened somewhat while the premium
on the precious metal tended TO figures u per
lower than at yesterdays closing; but this
process brief as fluctuations were feeble,
and by midday pretty much all the good that
had been achieved lost In this way gold returned
TO 1O61s while the stock market slipped away from
It's vantage ground needless OF the aspirations of
bulls, or Of the wise and hopeful that
being taken toward the establishment OF the countys
peace and prosperity.
Late In the afternoon there occurred some revival
OF prices, few stocks scoring good quotations as
any In the day. while others ragged a
OF garment and as irregular tho .'gded youth" Of
aFronch novel Much OF this eccentricity had 10 do
with the feebeness of the ST. Paul stocks and the
strength of Pacific Mails The former Is growing daily
under ban; decreased earnings, dismal prospects
and The unfortunate necessity Of comparing his years.
gains with last years has raised crop OF enemies
and wnnowed out It's friends. Without apparen.
fault OF lis own. it is treated like ciderant saint
who having fallen from grace. is made the recipient
OF a plenitude OF kicks to a paucity of ha pence.
Pacific Mail, on the contrary, which for many weeks
back has lain In state OF slumberous neglect burst
forth to-day into new fc and activity. It Is nothing
for To huv seiz of 4 ia ktnd
which break out like a rash tho measles
inaammatory excitement for brief period and then
pass away as suddenly as the attack commenced
In casting about for the occult movers ihother
cartes the quidnuncs OF the Board failing OF better
solution, fam to discover In the mysterious 'Cal-
forna party" the head and front the Pacific Mail
manipulation.
They have already been credited with the Western
Union movement enough 1t is doubtful ms yot whether
any profits have been carried the hilarious side
the ledger, and they are credited with attempting
Pacific Mail movement under an equal uncertainty OF
obtaining .'good deliverance" from their acquired
shares when the time comes. The whole astv.
ity may die out Tomorrow like spent ball,
or the manpulaors may load up with heavier charges
surmlses but much chat the grain of truth
mains in the fact that the market price to-day ad
vanced from "a to 25 sales OF Is 900 shares and
that 1t 20 remained firmly at the close There was
paIpaOe IaIug OH IN the OcallngS IN western Union,
through the divided allegiance above noted also the
iaintest Of fluctuations Lake Shore scarcely more
prominent in either respect and abandoned to
scalpers and to such perturbatons Influenced
by Mr. Sage's privileges So also with the ocks.
which LAID by for the time being, until such period
renewed stringency in the exchequer shall bring
them TO the notice OF the charltaby inclined.
Washington kilograms, late In the day. pointed to
probable acceptance by Congress of the plan to settle
the Presidential difficulty aud under their influence
active demand set In for government bonds, which i'm
proved quotations and closed prices firm market
THE
were as folows:-New York Central and Hudson 200;
Erie 100; Lake Shore $4,000; Cleveland and Pitts
burg, $40; Northwestern preferred, 800; Rock Island
1000; Pacific Mail. 1900; St. Paul, 5000; ST. Paul
preferred 1900; Ohios 1000; Western Union, 300;
Union Pacific, 200; Delaware. Lackawanna West
crn, AGO. New Jersey Central, 6275; Michigan Gen.
tra, 1850; Illinois Central, 2,900
OPENING. HIGHEST AND LOWEST
The following table shows the opening, highest and