The New York herald., 1877-11-17
The Stock Market Fairly Active
and Weaker at the Close.
GOLD 1O2 Ia A 1O2 "a.
Government Bonds Quiet. States Strong
and Railroads Higher.
HONEY on CALL EASY ArsAsA4PER CENT.
WALL STREET,
EpynAv. Nov 16-fi p. NJ

FRIDAY, Nov. 16-6 ?. n.
Comparatively speaking the stock market has bcea
nctivo to-day. Board members, who have bsen gasp
Ing tor business eagerly did the Calcutta Black
Hole captves tor BREATH obtained whih or two OF
fresh and unexpected the result OF an unusually
active speculation Not that mattors were excited 70
an unwonted extent bu. simply that they were more
spirited than has been tho for somo days past
10 prove this wo have q record Of rapidly changing
quotations and oreditabe aggregate OF transactions
tho business OF the day was Of the res
anssu don't order, being confined almost entirely TO
the requontcrs OF tho four walls Of tho Exchange and
getting litto aid from outside specu-
lators. Still Is something TO be able 10
start scent even u one knows that u
Will only load to "bagman." and most
brokers, hangoring for profit Will follow II with a.
kcen . nose as Queens county hound Meantime
tho rough riders Of speculation, who ordinarily load
tho way tho .bunnchos" OF thousands OF sharos
seosn 70 bc 'funk, " and ignore the financial meet
altogether Thoy have, probably, good reasons for
Aolng SO, but whothor this apathy arsos from doubt
that tho future OF pricos will oncr anything better
Than an lusivo and unsatisfactory drag" or whether
thcy lear that tho inpetuous pursuit of speculative
op,nion will result In ignominious .'croppcrs," as
to the rule with the members oi tho Queens
county hunt, isha matter vcnod In mystery. There
Is mystery, however, In tho fact that tho Stock
EACnange maIkct - pIOkeEe MuSAosy Anu shSs
tho leading operators, lko Othollo lnd themselves
out Of work Notwithstanding, however, tho lack
of support from the great obbers in shares the
kst has remained strong to-day, has boon active
than yesterday, and has closed firmly supported Tho
mercural Of tho speculative list was 10 be found
In Michigan Central, which, opening at o. fell to
62K, and subsequently, sold up to g. othor promi-
mont stocks Of tho activo sort followed tho favorie
like hound at tho heel OF a huntsman Lake Shore
and tho Western stocks gathered strength from SYM
pathy, and, though closing prices not the best
osthe day, strong feeling prevailed Western Union
hung back under moderate dealings tho action In tho
Pcnnsyivania courts, which threatens the autonomy
OF tho compact between II and tho Atlantic and
Pnci1c Company, and which Is based upon State laws
prohibiting amaigsmation OF rival telegraph
pAnies tending 10 restrict business There being
nothing or impors 70 affect stocks one way or the
other tho market may DO quoted A. surprisingly
strong under existing circumstances
SD OPENING PRICES
The opening prices wcrc as follows:-God, l02k; /;
Western Union. 7oK; Lake Shore, 6sk; New York
Central l07k; Rock Island, 1O0x; Michigan Central.
"a; Delaware, Lackawanna and Western, AK; Dela-
ware and Hudson. a.; Norris and Essex, 74H; Ero,
lok; Ohios 9ai; Wabash, 49, G.. c., c. and L., 40a1
q. q and l., az; ST. Paul, 35I; 81. Paul preferred,
6sX; Northwestern, 36k; Northwestern preferred,
esk: Pacific Mail. 23k; Illinois Central, rs; Hannibal
and ST Joseph, 13,S Hannibal and ST. Joseph pre-
icrrcd, 20x; New Jersey Central. l2k; New Jersey
Bou.hern, ~; Union Paci1c, G6X.
CLOSING QUorArIosa