The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-08-06
FINANCIAL and COMMERCIAL.
Review Of the Wesk-The
Stock Market.
THE GOLD AND MONEY MARKETS.
Government, State and Rail
road Bonds.
WALL STREET.

SUNDAY, August D, lsIij
The week just passed presented strong contrast,
In IT'S almost uniform dulness to the excited one
which preceded 1t. Popular in tho stock
ket wansd with tho strikes the riots which had
unduly excited IT, and had Il not been for tho ebui-
ton Of temper the part OF two we'll known
operators, which roceived belligcrent express
sion, tho week would have been VOID of single
startling event. As regarded physical results, was
matter OF consequence to stock jobbers whether
Mr. Could was to be dropped into "wild abyss' OF
tonsoral nature not, but II did matter to what
financial sequence might grow out OF the precpta-
lion Opinions were divided ~ to whether satisfac.
ton would BE- exacted by order OF
or through tho more congenai procedure
Of olapping on tho stock market screws.
and the result was awaited with some anxiety. 1t
quickly came In the latter shape and through the
medium OF Western Union, which was bid rapidly up
from 6s to rs. being thereby intended to nict such
financial stripes the assault deserved Whether Mr.
Gould has not very sweet tooth for revenge, and
therefore, easily satisfied, whether the accumua-
ton OF much additional stock lett bitter taste in
his mouth not apparent; 1t is sufficient 10 know,
however, that tho upward turn abandoned Us alb
ruptly as It commenced, and tho price allowed to
settle back about per cent which quietly closed
Tho prevailing notion that financial pitched battle
I'm which the Loading fancies would DO used like
corps ddrmees) was likely 10 take place be-
tween tho principals 70 the quarrel has, so far,
not been borne out by facts. Things
quiet and placid yesterday as they were
whilom on ola Potomac's banks There may be q
resting upon arms merely or perhaps Matching OF
some mching maliecho-which "means m!schIeP'-
that will nstound the Board when the plot ripe.
'.Tme at last sets all things even and Gould is not
likely njure his chances to got square by any pre-
sIpitate grasp At the ioreock. The STIR in Western
Union cated to tho rest Of the In only
very moderate way. Tho granger stocks strong,
partly from the belief that Gould was short OF shom
and that the Keens party might try to the tables
upon him by bidding them up, and partly from the
cessation Of the riots and the belief in large crops,
particularly along the ST. Paul line. On the contrary,
tho Hannibal and st. Joseph shares especially
weak, having fallen on TO per cent At ono time,
though there recovery toward the
ind The passing of tho regular quarterly
dividend by the Pennsylvania Company, under the
convenient excuses afforded by tho strikes and the
default July interest upon tho first mortgages Of ST.
Louis and Iron Mountain Railroad for the reason
had tendency lower the tono Of the market Coal
shares remained irregular. With very little business
dong in Them and that at prices which affected by
the news as came eitnor bad good Of tho condition
Of the strike at tho minea The premium gold
varied but X per cent the through, and money
on call showed sign OF SITTER rates bong the rule
for the future II having at time loaned from to
} nor cent though final dealings were made NJ per
cent.
FLUCTUATIONS THE WEEK..
The following table shows the extreme fluctuations