The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-03-23
A Further Decline
in Stocks.
Investment Securities Quiet and Steady
Money on COLL Easy at . 10
"a . Per Cent.
WALL SrRRET,


THURSDAY, March 22-6 r. N.
The average stock gambler Is as industrious rs the
busy bce In his search Tor good things Offering, and
nits from stock to another does the insect in
question from flower 10 howcr when becon-
Ing exhausted Yesterday tho coal stocks perfect
lolpops OF sweetness to-day they had lost than
half their attraction Literally So Tor transactions IN
their shares diminished In THIS proportion while
fluctuations fell OF IN the Same ratio.
sin Delaware and Lackawauna swayed backward
and forward between 505S So the OF 900
shares aud Delaware and Hudson followed with 1000
shares only, between tho limits OF 5Sh and 59H tho
best showing II could make tor tho day. The surplus
stocKobbng energy found It's outlet however IN Lake
Shore, which ever pushes its way to the 'front.' when
speculation days in other quarters II was helped
TO this position to-day by San Francisco influence.
which took the shape of sales 1t the point OF
20 and upward and carried tho quotation down to 4s,
from which there scarcely more than i per cent
recovery in hnal dealings
little than the average diurnal interest
trickied into Illinois Central and Pacific Mail, and in
both the dscrcdt OF the stocks The hrst
turned up notably weak, declining from SO to Al, and
tho all at at from 22a FIX and back
again to 22y6.
Pretty nearly the only event of the day to DO
found In the meeting OF OF the Burng
ton and Quincy, Rock Island, Northwestern and Union
Pacific railroads. which intended for and took the
shape OF, love feast, having Tor Its purpose Ga
rcconcing Of all differences between them
solves and establishments OF satisfac-
tory tariff OF through roghts. II is said
that all this accomplished TO the satisfaction
Of everybody, but the effect upon prices practically
NIL, except that Burlington ana Quincy improved
shade and grew slightly IN demand. MS 1t was
reasonable it should do being nearly Affected
by the terms OF reconciliation
Although the cunt transactions In the general
market less by over SO 900 shares than that OF
yesterday, 1t was widely and equally distributed
through the entire list, scarcely stock that had any
claim TO notice but that obtained record OF purchase
and SALE Final dealings showed faint Improvement,
tho news from London that the ''wrecking' party in
International securities making Roadway pro-
iucing more cheerful feeling ia our market.
TIKI sAi.Es TODAY.
The sales OF active stocks to-day aggregated 900
hares, which were distributed AS folows:--New York
Central, 1920; Ere 600; Lake Shore 81, 100; Wa
bash, 100; Northwestern, 800; do. preferred, 500;
Delaware, Iackawanna and Western, 700; Now
Jersey Central, 100; Delaware and Hudson Canal,
800; Morris and Essex, $40; Michigan Central, 3S4O
Illinois Central, 1880; Chicago, Burlington aud
Quincy, 12l0; Hannibal and st. Joseph, 100; pre-.
Union, 1850; Atlantic ana Pacific Telegraph 700;
Pacific MAIL II. 400; Quicksilver. 500; American Mer
chants Union Express $40; United States Express,
a0s; Rock Island. 1870; Milwaukee and ST Paul pre-
terred, LOO; pittsburg 200
OPENING HIGHEST LOWEST
Tho following table shows tho opening. highest and