The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-26
The Stock Market Dull. but
Higher.
GOLD STEADY AT 10Y.
Government Stocks Higher ard Railroad
Bonds Irregular
MONEY on CALL EaSY 1T slli IL PER CENT.
WALL SfRsgr,

FaIpAr. Nay 26--6 T. M
Firmncss the CHARACTERISTIC oi to.day's oas'-
ness with tr!fing addition 10 transactions ana IN os'
cases the highest points reached were a. she enc o.
business II generxiy conceded tnat most o. inc
clouds, real imaginary, which had hung over 'ae
market process OF absorption and tnat Clear
ing weather might looked for. Moro especially was
reference had the charge against the Central ana
HUDSON for reducing passenger fares According 10
the best accounts the affair Is likely 10 produce
no more serious results than usually tempest IN
TEAPOT; not that Mr. Vanderbilt intends to prick up
his iron steeds into state OF competitive switness'
but tina. the rival lines will be compelled TO reduce
theirs In obedience TO hts will. The whole matter, u
is said Is being talked over, and the result VIII Dc
made known Monday, with a conclusion arrived at
as noted above. Central and Hudson as being in the
direct line of promotion, through renewed prospects
pf future benefit, wore advanced severay to 92S
and 50s, which prices were pretty nearly sustained
In final dealings Lake Shore received some adj
ditionai help from purchases made 1t was said for
account Of the Pacific soper who is reported TO have
sold calls at 80 TO liberal amount, and to-day took
BIO opportunity of supplying himself with the STOCK
against the same Central and Hudson at one time
receded under free sales, Which aggregated Inc
unusual OF nearly ID 600 shares for the days
work. but It ultimately closed at 92ss. The fact that
ut thu end the day tho wise OF William street
given up" as the cnleI seller gave W
wordy but un satisfactory, comment The better feel
ing extended even to the coal stocks, which
seemei 10 be inclined to make effort" or at
seasl to have found friends to make It for them,
though lll-natured people suggested that firm prices
were sought be secured against the lower rates Tor
coal which are anticipated at the forthcoming auctions
Western Union from 63ss to 64 under better re-
ports Its earnings The current quarter IS, ordi-
nary the poores: in receipts OF the year, but 1t is
stated that usua, dividend will be earned and paid
report IRON Washington states thar on account OF
the discontinuance Of disbursements to the navy until
July l. ana to the army until Congress meets and
makes the REQUESTS appropriation large amount OF
currency will accumulate in the Treasury and thus DO
away with the necessity of gold sales for some time to
rome For this or some other reason possibly from
engagements to ship s750O00 tomorrow, gold ruled
at 107 throughout the day.
SALES
The sales stocks to-day aggregated ia $50
Shares which we're distributed follows New York
Central IL $50; Erie, $780, Lake Shore 49, 400; Wabash
l00 Northwestern 1850; do. preferred, $3.50; Rock
Island, g. 500; Milwaukee and ST. Paul, 100; do. pre-
ferred 900; Pittsburg 100; Delaware, Lackawanna
and Western So no. New Jersey Central. 1885; Della
ware and Hudson Canal, $500; Morris and Essex,
Q 400; Michigan Central, $500, Hannibal and St Jo-
seph, S0o do preferred, leo; Ohio and Mississippi.
!, 800; Panama 175; Western Union, $500; Pacific
Mail s, 400; Quick silver preferred 100.
orEyING HIGHEST LOWEST.
The following table shows the opening, highest and
lowest prices Of the day