The New York herald., 1877-01-17
FINANCIAL AND COMMERCIAL.
an Uneyentful Day in the Stock Market
Prices Without Important Change.
GOLD lO6 ga A lO6 SO A LOG rs.
Money on Call and 6 Per Cent--Goyernment
Bonds Active and Strong-Rail-
way Bonds Steady.
WALL STREET,
ltr.a.xssa N A - L.. Ia A II AZ

'
TUESDAY, jan 16-6P ~ 4,
The markot which started OF With considerable
Irmness, began TO turn during the first hour aud
score noon had lost something more than " had
iancd Subsequently improvement took place
md business closed generally strong, but upon
irregular list of quotations which in most instances
wcrc not up to tho best OF the day Within irac
tion one-ha the entire transactions Of tho session
was confined to Western Union, result which has
seldom or mover been achieved by Lake Shore, prime
Avore though 1t be. Yct, IN spite Of tho magnitude
of the dealings and tho apparently unsatod appetite
OF the pool tho calls Tor ''moro" dcusion and
snare, as manifested the froc Offering Of shares
and by tho closing price being lower than tho open
Ing one sun promises oi higher prices plenty
as blackberries, and will probably remain until tho
pool has sold out aud tho agony Is over
The railways renamed In state OF som anquillty,
and wcrc only active by hts and starts Beautiful
snow is iar attractive In verso than 1t is upon
railway track. and where In ,bc makes ro
mantle maldens sigh, In tho other II makes ralroud
directors swear.
No iuueIul lines can make amends tor their own en-
numbered ones, no rhythmic feet for the yards ccep OF
snow and lco that block traius stop traffic aud lessen
earnings.
Consequently operators touched railroad shares
gently the more that addition to tho impedimenls
10 travel was added the report that spcck Of
Alrtacy to be discerncd ainoug rival lines 50
Gently constituted into happy amuy In the shape OF
arciusa on the part Central anu Hudson and the Erie
road to join the Pcnnsy lvania Central and Baltimore
and Quo concerns IN marking up charges Western
Lound freight Tho effect upon tho list was not
very decided one. but resulted in taking The sparkle
ont OF the railroad speculation for the day
New Jersey Central's black eye very bad indeed
at one timc-.hc price falling To 32 from 33-tho ad
dona injury beng ascribcd to It's coming IN collision
with an ugly 5000 900 payment, which It ablc
10 stand up against.
These periodical knockdowns SOON 10 recur with
unerrng certainty and are likely to coatnuc SO, to
the dcrimcnt OF the coal stocks generally until the
financial problem OF cndcavcring TO make money by
selling their product so per cent below cost shall
have received solution
The Central faucy got cn its legs again, however,
later In tho day and stood stly Its pins tho
prices, Tor time, though in p. r. parlance there
fresh signsof ..proggmcss" at tho close. r. 4
In spite 0! the uncertainty attending political AFFAIRS
the market Tor governments was active aud higher
Tho January disbursements tor interest and dividends
nndIns thcr way into this class OF securities,
probably under he idea that. in OF possible
chaos tho national debt would offer security
than the stocks and bonds OF private corporations
THE SALES TO-DAY.
The transactions to-day aggregated 97, 500 shares
which distributed as iollows:-New York Centra
md Hudson ESQ., Ere. 800; Lake Shore H. 250 Ceve
land aud Pittsburg, ITO; Northwestern, 700; North
western preferred 200; Rock sIand l0o Pacific Mail
Ioo ST. Paul, 1850; st. Paul preferred, 1900; Ohios
la0u; Western Union, Al, ,Ss5; ; Delaware. Lackawanna
and Western 3os0; New Jersey Central, TO- Coz; Mich
lgan Central, 500.
OPENING, HIGHEST LOWEST PRICES
Tho following table shows the opening highest md