The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-10
FINANCIAL AND COMMERCIAL.
The Stock Market Less Active
and Weaker.
Another Fall in the Coal
Stocks.
GOLD 1O6 7-8 A 1O7 1-8.
Investment Securities Strong and
Higher.
Money on Call l 1-2 a 2 1-2
GOLD 1O6 7-8 A 1O7 1-8.
Money on Call l 1-2 a 2 1-2
Per Cent.
" ALL STREET,


WEDNESDAY May 60 Y. M
The aggregate OF transactions the Stock Exchange
Today dropped below $50, 900 shares and popular IN
icrest in the market dropped also There was wane
in prices natural result, and some rrcpressioie
bears whose opinions dyed IN the wool prophecied
that the market was going to the dogs because tue
prominent operators had already gone therc-as WIS.,
tors to bench show In their absence the market
was pretty much lett to the speculation Of small
Traders with exhibition OF canine cannbalism that
would have shocked the mild-cycd exhibits at Gil
morc's II thus happening that prices received no
material support from the controllers OF Stock Ex-
change dcstlnics but that there rather cvnced
desire 10 realize the profits OF the late advance stocks
we're inclined TO droop the day through and
finished up somewhat lower than they opened.
A report from Washington TO the effect that Mr.
Eyarts had expressed hs anxiety lest the position OF
England in the Russian Turkey war should affect the
interests Of the United States unavorabiy created
some uncasncss and helped depress the market We
lake thai the risk OF such result Is quite as i'm
probable as that Mr. Evaris guilty of so great
breach Of diplomatic discretion as TO proclaim the
same II TO be supposed, however, that foreign
var is 10 be matter oil unmixcd good for this coun-
Try An unfavorabc symptom showed itself to-day in
inc reception here for SALE OF invoice OF "a per
cent bonds which had been placed by the Syndicate IN
foreign markets. II Is stated that they come from
Holland where Russians" at the present reduced
pr,ces have been substituted Fortunately, there Is
plenty OF money here. ready TO meet oilers
OF this nature. and the price is not likely
10 ial OH for want OF demand. During
the afternoon the market dragged materially, the
coal stocks being tho heaviest on the list, although
n Good impression had been created by the open and
above board proceedings oil the Delaware ana Hudson
meeting Yesterday From these feeling OF weakness
seized upon The whole list, Rock Island particularly
declining one per cent AT the close better feeling
prevailed which silnened up prices IN a fractional
way IL gives US pleasure TO state that District A.'or-
ncy Phelps directed nol!e pros to be entered In
the case OF Mr. c. +. Timpson, who had been pre-
BY the Grand Jury for circulating false Reports
In regard 10 Delaware and Hudson. There never was
any basis for the charge and Mr. Phelps his action
has apparently satisfied himself OF that fact
the SALES
The sales or active stocks to-day aggregated 1868
shares which we're distributed as iollows-New York
Central $50; Harlem, 123; Ere, 600; Lake Shore
Al 900; Northwestern 10O do, preferred, SO; Rock
Island %, $50; Milwaukee and St. Paul, 600; do,
preferred, 700; Delaware, Lackawanna and Western
U.s. $50; New Jersey Central 10; Delaware and Hud-
son Canal 9,175; Morris anu Essex, l,7l0 Michigan
Central. 3,40O; Illinois Central, 500; Union Pacific
$50; Hannibal and ST. Joseph, 200; Ohio and Missis-
sippi, ego; Panama $50; Western Union, %, 200; At
Ianc and Pacific Telegraph, 200; Pacific Mail, 100;
Quicksilver, 800; do, preferred 600
OPENING, HIGHEST ASD LOWEST
The following table shows the opening, highest and