The New York herald., 1877-09-24
Review of the Week-The Stock Mar
ket Fairly Active and Weaker.
THE GOLD AND MONEY MARKETS.
The Course Of Investment Securities -Govern.
mcnt, State and Railroad Bonds.
WALL STREET,

SUNDAY oepL 1914
Another week OF diminished activity, only diversi.
ned by patches OF extreme dnness, to show
pretty clearly that the great bull movement ike that
of the Russians before Plevna has received check.
In TRUTH appearances that bull leaders would
like to back out Of the job altogether and transfer their
obligations to new shoulders Unfortunately the
modern Hercules VINO expected to appear In tho
form of an eager public, is not forthcoming and the
Augean tin boxes are likely to remain uncleansed Tor
timo to come. Not that Efforts failed TO
mado in that direction through sales of considerable
lots of Lake Shore ana Western Union, though the
necessity OF repurchases to sustain prices
leaves It in doubt to what has been achieved
net result The virtual control Of the Canada South
lne which has been obtained by Mr. vander-
bi- regarded In some quarters threatening
tho prospects OF Lake Shore and II Is notorious that
certain operators who have been oudest IN their
panegyrics upon the value Of the property have
EARLIEST In their ondeavors part the good thing
The effect OF this desire sell recorded the
ie prices OF the Stock which fell from IS to 631,
though the figures ono-ha per cent better at the
sose. Western Union is somewhat In the same
gory There they who doubt whether the alliance
with the rival company is to be as fruitful Of good
aas been promised, and there are those who doubt
whether 1t will be perpctuatod at ALL The legal pro.
,ecdings being Instituted may mean something or
sothing or be simply trick OF Mr.. Gould Certainly
his interest in tho arrangement does not tend TO
strengthen confidence, and there are doubling
rhomases in the Board, who only see In the matter
sort OF speculative pie, cooked for pop
ular consumption, and none tho cleaner in
hat Gould has had fnger in IT, The attention to
The Granger properties was increased during tho week,
though there was some decline from the highest prices
at the close The very handsome returns OF earnings
and the report that fresh pools had been made up
advance were basis sual activity
The coal stocks were continuously weak ON the re-
ports from tho mining regions, which come il as
questionable shape" as the ghost OF Hamles iather
or TurcoRuss,an war bulletins. Meantime there is no
coal famine lrom lack OF supply and rather a decline
than rise in the price of the article The most mpor
tant item OF the week the bank exhibit, which
shows a further falling of of nearly 81, 900 900 in
legal tenders. Shipments to the West and South,
to be employed in moving of crops, account
ior the fact and also suggest probable
iringency the future SO far, with the exception
of paroxysnai jumps 10 and per cent, money on
cali has ruled average of per cent. Stock job
oers regard the matter with great interest, as the
uture ol the market is likely to bc directed by
The plethora or scarcity oi money Undoubtedly most
OF the great operators have provided themselves
against evil day by long loans, but the smaller
who live from hand to mouth, borrow from hand 10
mouth as we'll A sharp pinch would be apt create
q stampede among this latter Glass which would
either iorce the largo holders Of stocks into Ihe
current compel them to check the panic by coming
into the market purchasers of tho imperlcd
rites. Win stomach already gorged the contem-
paton OF so much additional provondcr be
garded with pleasure.
TRANSACTIONS OF THE WEEK.
The following represents the opening, highest and
lowest sales, regular way, OF tho principal stocks
during tho past week. together with the number OF
shares dealt In -