The New York herald., 1877-09-19
The Stock Market Inactive,
but Steady.
GOLD 1O2 7-S A lO3 l-S A 103.
Government and Railroad Bonds Higher, and
States Dull and Irregular.
Money on Gail 8 z IL
a 3 Per Cent.
WALL STREET,

TUESDAY. Sept 1876 i. M
II might almost be imagined that the shade oi Horace
Greeley controlling popular attention to-day SO
strongly speculative interest directed to the shares
or the Western railroads. By these are meant In
particular the 81 Pauls, Northwestern ana Michigan
Central stocks which afforded the cream oil the days
business while the rest OF the list dragged along in
sk,m.milky way that had characteristic beyond
that of steadness Exception may be made, however,
Ia the case Lake Shore, which exceeded any other
single stock in tho volume OF transactions. and even
held the small advance had made firmly at the
end. Taken altogether this tavOrte exhibits better
staying qualities than any other fancy upon the LIST
and the great operators recognize the fact IN backing
systematically. Oi course the unceasing 'crop talk
is applied vigorously as an eIectua whip and spur
but withal there is no want substantial support
the way OF buying 1t Is not to be supposed. however,
that there Is selling (Which, after all, IL just now
the great desideratum but simply that this eat is
difficult one lawiess necessity compels constant
requirement OF shares and admits o "a scanty lquda-
tion-a constant pouring in at the bung with only
spillng the spigot. fresh appetite Tor the so
called granger shares has sprung up within the last
two days The ST. Paul stocks have made q lively
spot the markct tho result OF the increased bust
ness being done by the road. Tho earnings Tor
the second week In September show an increase
Of $l39, ,663 over the same period of last
year, though It must be borne in mind that
at that period the earnings were next TO nothing.
As for the Northwestern properties 1t IS given out
that a pool has taken hold, and brilliant display
Of financial pyrotechnics promised Large purchases
nave been made or washed, but the price, though
boosted up, tails stick and suggests that greater
head of steam Is required TO keep tue machine going
The paramount oil the day clustered about the
stocks We have noted. tho rest OF the list remaining
steady and dull.
TIE SALES
The sales Of stocks to-day at the Board aggro-
gated IT'S, 900 Shares which were distributed as fol-
lows:-New York Central 6,22o; Harlem, 100; Ene.
81 200; Lake Shore, 3s 963; Wabash, l,2oO; North
western. 1860; Northwestern preferred, $3.50;
Rock Island, 1925; Milwaukee ana ST Paul, 5,225;
Milwaukee and ST Paul preferred, 400; Pittsburg
300; Delaware, Lackawanna and Western. 20,400 New
Jersey Central, 515; Delaware and Hudson Canal,
2,2lO; Morris and ESSEX, 1905 Michigan Central,
rs 5O64; Illinois Central. 1000; Union Pacific, 200;
Cleveland, Columbus and Indiana Central, 400; Han
nba and st. Joseph 900; Hannibal and st. Joseph
preferred, 2OO Ohio and Mississippi, 46G0; Western
Union 1926; Pacific Mall 900; Quicksilver 800;
Quicksilver preferred, 150; American Express 2l0.
PRICES.
The opening prices ut ten A. M. were as folows:-
Gold, 1O21s; Western Union, 22%; Lake Shore, 64a4
New York Central, lc3x; Rock Island. lo2A; Michi-
gan Central 80; Delaware, Lackawanna ana Western.
Sc; Delaware and Hudson, AK Norris aud Essex,
76N; ST. Paul, 34A; ST. Paul preferred, 20; North
western 35 s Northwestern preferred GA; Erie, IN
Oh,os, 7H: Wabash, 12'4; Kansas Pacific 2; Pacific
Mai 24I; New Jersey Central, Is; Quicksilver, 1871
Quicksilver preferred, 80; Cleveland, Columbus and
Indiana Central, AZ; Hannibal and ST. Joseph, II
Hannibal and St Joseph preferred, 81 Canton bid)
2lk Illinois Central 701s; Chicago, Burlington and
Quincy, 1ol5s; pittsburg, s2}a; Union Pacific, SO;
Fort Wayne, s2; Alton and Terra Hauie preferred,
IL ST. LOUIS Northern preferred, 244; Atlantic and
Pacific Telegraph, 2oA; c., c., C. and l., 81.
CLOSING QUOTATIONS..
The closing quotations a. three p. N. fol-