The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-22
The Stock Market Active and
Changeable.
GOLD LOG 3-4 A lO7 A LOG rs.
Government Stocks Quiet and Prm-Rail.
read Bonds Strong and Higher.
MONEY ON CALL ll-2A2l.2 PER CENT.
WALL STREET,

To-day has offered another opportunity to chronicle
the small beer Of brokers Market The symptoms OF
such market are unmistakable and consist OF that
feverish condition OF utter which, though may
business, limits fluctuations Accordingly the
246, 600 shares dealt In to-day formidab
array Of figures than index OF the real state Of
trade since they record the rom hand hand
or tho Same Identical shares which 60 the rounds and
come back TO the starting point with all the immu.
liability of circus horse In this way tow thousand
may, like stock actors BIO made ''play many
parts" producing the impression Of an active market
and large business, nlling up the columns Of the
newspapers with q mass OF figures which astound
outsiders, but make the knowing ones laugh
In their sleovss. This bogus BUSINESS which
10, In fact, simple mattor OF betting
prices, one does upon the main in chicken hazard,
was carried on to-day 10 tho extent noted aud was
based upsn market which had many shades
Joseph's coat and quite irregular as his broth
ron. So much that It IS impossible to mako
diagnosis OF q market that at times strong, at
times at times nothing 10 particular. In the
early hours the anthracite stocks disposed 10
teobeness but in tho afternoon, when II reported
that tho coal companies tatives had and
decided upon suspension of mining from tho 18th OF
June the 18th OF july stronger feeling mani
tested Later turned out that the story hat been
only hall told, inasmuch Mr.. Klein, who had voted
afirmativey for the Reading road had done 60 SUBJ
cct to the approval OF his Chief Mr.. Gowcn. Upon this
reaction succeeded aud pretty much all that had been
gained was lost News comes from Washington that
The Secretary of the Treasury will make rst call for
$40, 000 900 i've twenties against the
" iour and halt per cents taken by the syndicate
The old 1868 having been all called In the present
draft Will be upon the 65's or "Andy's," as they
called In the argot OF the street, OF which there
1902 683, 900 outstanding. Pncho Mail set sail again
to-day ON OF It's spasmodo excursions, logging off
800 shares It's FIVE hours THE annual election
s appointed for the Both inst and this may
siby have had something TO do with advancing the
stock from 21x to 23 though did quito succeed
10 holding II there
THE TO-DAY.
The salos OF active stocks to-day aggregated 246 11S
shares, which were distributed as folows:-New York
Central 1928; Lake Shore, 24.740; Northwestern,
l0,45o; do. preferred, l4,3l0; Rock Island, 1885,
Fort Wayne, 100; Milwaukee and 81 Paul, $50; do
Preferred 10 800; Delaware Lackawanna and Western
$4,000 New Jersey Central, 263; Delaware and Hudson
Canal, 0415; Morris and Essex, 6,240; Michigan Gen.
trail, $4,000; Illinois Central 200; Union Pacific 1907
Hannibal and ~. Joseph, 1850; do preferred, 2o0
Ohio and Mlssissippi, 600; Panama, $50; Western
Un,on 90 100; Atlantic and Pacific Telegraph 100;
Pacific Mall, 4.300; American Merchants Union Elk
press, $50
oPESiSG HIGHEST AND LOWEST.
The following table shows tho opsning, highest and