The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-19
The Stock Market Dull and
Without Change.
GOLD 1o7 A Jog rs.
Government and Railroad Bonds
Strong.
Money on Call Easy at 1 1-2
2 Per Cent.
WALL STREET,

-
Although in the matter OF business yesterday aud
to-day like two peas, life was given to
the market by the incident OF tho coal and railroad
stocks striking on opposite courses Whilo
she latter, and particularly the Granger stocks,
struggling toward better prices. the former
slipping away into the figures OF simpler arithmetic
Too much Mr. GowaE seems TO have disagreed with
the anthracite iancies, and, most OF all the shape in
which he came to-day, when represented by the cable
as disappearing Of the .'plan." Shares were adj
vanced yesterday reports OF his consent having
been secured and depressed to-day reports that IL
had been denied. Tomorrow there will be the middle
position lett the only one. and this will prob
ably be the effect that he not care Continen-
tai expletive about the matter. Meantime Mr.. Gowan
may DO liKcned TO the absent lover, and the coal
companies to the maiden fair, who, plucking the
petals OF Margarine, excaims, in doubling success
sion, ''He loves me--he loves not" Whether the
Reading President has really said eyes" ''no''
as yet remains dumb the Board accepted the negative
pnswer as the correct one and this hypothesis
lacked the two Dclawares and Morris and Esscx IN u
lively manner and made the lowest prices for thcm
Az tho end OF tue day Quite the opposite was the
course of the Granger stocks, they being treated
smart rise, which astonishcd bulls aud bears alike.
The weekly deficit in the comparative earnings OF tho
ST. Paul Company has produced the natural result OF
M extended short interest which taken advantage
oil to-day, has happened score of times before to
give an extra tws; 10 the bears. The operation
was rendered the easy from tho Tact that
the books close Tor tho election tho 22d pre-.
offered demand cash for purposes OF
transfer and additional force lent by requiring a
bonus OF "a for the rise OF the preferred Sort BY
these the latter class shares wero marked up
from 4s J07s, and kept close the latter figures
Mt the finish OF business Michigan Central also held
more than strong the day through the interest in the
stock, however, being more decidedly manifested by
episolary correspondence In the newspapers than by
actual transactions IN tho board Gold closed ut
1868 selling at l07 for Of tho day. and this
despite the continuous shipments, $3.50 600 going
morrow. The denial by Secretary sherman that he
has any policy or II he has one the declaration that
he means to keep to himself may to dissipats
any fears OF an intended boarding process on his
part
THE SALES TO-DAY.
The sales of active stocks to-day follows:--
New York Central 9, so; Lake Shore "a 500 Wabash
loo; Northwestern, 200; do prcerred, s,4l0 Rock
Island, $500; Milwaukee and St. Paul, 27l9 DO pre-
icrrcd, IL 100; Delaware, Lackawanna and Western,
1920; Delaware and Hudson Canal, 5000; Morris and
100; hannibal and st. JOSEPH l65o; do. preferred,
500; ohio and Mississippi L. 200; Western Union,
II 900; Atlantic and Pacific Telegraph 100; Pacific
Mail 500; American Merchants Union Express, 4e5.
OPENING, HIGHEST AND LOWEST.
The following table shows the opening, highest and
Of daN