The New York herald., 1877-10-23
The Stock Market Very
Weak and FeVerish.
GOLD 1o2 rs A 1oa.
Government Bonds Weaker. States Higher
and Railroads Higher.
Money on. Call Easy at 8 a
T Per Cent.
WALL STREET,

MONDAY. i. M
For the nrst ntsen minutes Of business this morn
ing the market started on with a hop, SKIP ana
Jump tha. surprised both bulls and bears alike Lake
Shore, as the favorte, advanced from 67A 10 oo1s'
and the rest of the market followed with greater
or less degree OF improvement 1t reminded ono of
she old MALE poste days France when, no matter
what difficulties had been encountered en- route IL 10
came point OF honor TO enter town NJ fuii speed,
with crepidating whip ana general "Houp ia ~ an
entertainment admirng rustics As things turned
to-days stock market pulled up az suddenly as the
French courier wont to do ut the hospitaoic d'
beroe The advance OF tho morning was lost
almost as soon made, and before an hour
had passed the prices OF prominent stocks had fallen
70 the lowest points of the day. For example, Lake
Shore fell to 651s, Western Union to 77H, Michigan
Central to 62H the grangers oil to per cent, and
tho OF the list generally tinged with "green and
yellow melancholy which 10 other than color blind
bulls was prophetic OF lower prices to come. In
word, there occurred general slump OF quotations,
which was not recovered from entirely, although at
the end there somewhat better prices made.
Both in volume OF transactions and IN speculative in
terest Lake Shore was IN the advance Mr.. Gould Is
believed large seller ON tho short account anu
Mr. Cammack, transmogrifed bull, is supposed to
be helping him. Greek joins Greek, and the
stug OF war; apparently rests between this
combination and tho Keene and Vanderbilt
influence. Whatever value may be conceded
this report, certain It is that Lake Shore, whe
being the most actiye still tho weakest STOCK OF
tho day Toward tho end fresh influence was at
tempted cxerted the bear side by renewed re-
ports prcJudicial to the Dime Savings Bank, ana
these went far as to announce suspension ana the
appointment SO tar regards the prices
OF 9, ocks the OF small matter any way, and
the official denial OF dihcuty on the part OF tho
hnnk ders nj no mi q
in spite OF the rumored trouble held firmly and
the day flushed up with fair amount OF steadiness
though of from the highest prices OF the
day.
rHB SALES TO-DAY.
The sales OF active stocks the Board to-day ag-
pregated 253 900 shares which distributed AS fol-
lows-New York Central, s.57o; Erie, 200; Lake
Shore r. 30O Wabash, 800; Northwestern, Il, 900;
do preferred, 5000; Rock Island, 2,S4o; Milwaukee
and ST. Paul, 81 230; do preferred 10500; Pitts.
burg, 100; Delaware, Lackawanna and western,
81 l34 New Jersey Central, 210; Delaware and Hud-
son Canal, ,275 Morris and Essex l,l45; Michigan
Central 800; Illinois Central, 1000; Union Pacific,
l20; c.. G., G. and L., 1,090; g., G. and G., 800;
Hannibal and st. Joseph, 335; do. preferred, $50;
Ohio and Mississippi, $3.50; Western UAion $4,000;
Pacific Mail, 1000; Quicksilver, 2o0; do. preferred,
l26; Wells, Fargo Co., loo.
OPENING
Gold, 102X; Western Union, 7Sk; Lake Shore,
SIX; Now York Central, 1868; Rock Island, l0l}s;
Michigan Central, 641a; Delaware, Lackawan a and
Western. 81: Morris aud Essex, 75L; Delaware and
Hudson, AZ; Erie, 1874; Ohos, 1o1s; Wabash, 15h;
81. Paul. 35A; do. preferred, 6Sl4; Northwestern,
s7,s; DO. preferred, 64l6; Pacific Mall 23S Illinois
Central III Quicksilver 10: Hannibal and ST. Joseph,
Tx; do preferred, z44; Pittsburg, 79h; G., B.
ana Quincy 103; c., c., q. and l.. 4oa4; G.. G. and l.
c., 3s4. .
CLOSING QUOTATIONS..
The closing quotations at three r. N. were as fol-