The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-09
The Stock Market Less Active and
Without Special Feature.
GOLD 1O7 1-S A JOG 7-S.
Government Stocks Weak and Railroad
Bonds Higher.
Money on Call Easy at 2 a
2 1-2 Per Cent.
WALL STREET,

TUESDAY, May Sd 7.
To-day was another practice day on Change, when
stocks were tossed from hand 70 hand as ball Is
among crcketers in the intervals OF game. There
steady purpose to put the market either up or
down. prices leaned way or the other as sellers
or buyers predominated al the moment. desire to
realize profits the part OF tho 'bow window peo-
pie was guessed at by the room, and figures yielded
and again under the operation, Tut the pro-
nounced strength OF Lake Shore ana Western Union
Eept prices well In hand and prevented scare from
running away with the market The popular super
sttion is that beside tho considerable lots OF Lake
Shore taken up and paid for, the party from the
Pacific has obtained control OF some 20 900 shares pur-
chased against calls sold for the amount and It is
argued that this fact, II fact 1t be- indicates further
advance in tho stock At the moment tho properly
looks as though 1t might take Of itself without
exrancous props from the Pacific any other slope
Western Union, with it's usual contrarieiy. IS again
bothering both friends and foes Alternately strong
and weak, its condition is as ieversh case OF ter
tan aguc aud stockjobbin2 doctors disagree as TO
whether it should be treated with the stmulants OF
purchases the depletion OF sales. To-day It had the
6t again strong upon H. being at one time at the head
Of tho market IN point of stability, and finally bring
ing up the point Of weakness Tho only mat
ter OF general interest which occurred TO vary the
monotonous gamble OF the Board room lay in the
Canal Company. With the exception Of Mr.. L. p.
Morton who assumes the place OF Mr.. W. j. Hoppn,
the former board OF officers and directors
elected. Mr. Dickson, tho President, was understood
TO state that the condition OF the company had not
materially changed from that presented in the January
report, good could be expected under
the circumstances OF the times general reduction
had been made in expenses and small profit was
being made out OF their business. Much Of their
trouble be imputed to the Vaccinations OF the
wicked bears. who endeavored to up the company,
their prototypes had devourcd the bad boys in
scriptural times, and the officers commended for
their zeal the bear hunt which had been instituted
On inquiry Mr.. Dickson stated that the coal lands
mortgagod for ST. 900 900, but that the security
S. 600 and he further corrected the impress
SION as the loss by the Canada line by stating
that the deficit had been $3.50 000 instead OF $780, 000
reported. After some other facts, freely given the
meeting adjourned, we'll pleased with tho property and
themselves Tho adjourned meeting of Board men,
respect TO the commission law was held to-day
1t three O'Clock. About ope-balt the 200 members
lost their temper on Saturday had apparently
found IT, Tor they failed to put in all appearance to-
day. This corporal's guard contented themselves with
recommending to the Governing Committee a restora
ton of the old one.thty-two rate for dealings be-
tween members and then adjourned.
Part urient montes nascitur ridiculus mus
SALES TODAY.
The sales Of active stocks to-day aggregated 165so5
shares which were distributed rs follows New York
Central, $3.50; Harlem, $50; Eric, 800; Lake Shore
$780, Northwestern, 500; Northwestern preferred
l.I50; Rock Island, q, 600; Milwaukee and st. Paul.
500; Milwaukee and ST. Paul preferred q 900; Pitts
burg 420 Delaware, Lackawanna and Western, AS 020
Delaware and Hudson Canal 6.450; Morris and Essex
1900; Michigan Central. 5000; Illinois Central 3o0
Union Pacific, 200; Hannibal and st. Joseph, 400;
Panama, $50; Western Union, 25 1885, Atlantic and Pa
ciGc Telegraph 16O0; Pacific Mall 1900; Quicksilver
800; Quicksilver preferred 500; American Merchants
Union Express, $50
OPENING, HIGHEST AND LOWEST
obi ehows fha pann i0bo nat nd