The New York herald., 1877-01-06
FINANCIAL And COMMERCIAL.
fhe Stock Market Active and Irregular
Several Of the Old FavGrtes Firm.
GOLD WEAKER AT LOG 81 l06 LIZ.
Further Activity in Government and Railway
BOnds-Inyestors at Work-Money on
Call Loans and Per Cent.
WALL STn EET,

FRIDAY Jan. 5-6 Z. VI.
Mr.. Gos.d's shorts In Western rulon used as a
OF back log to-day which build up the FIRE Of
a ouI movement Like Mrs. roodies door plate. he Is
'hapdy to have in the house, when advance is in
tended his pitiabe condition las the bulls regard W Of
being short OF 60, 900 10000 shares is utilized
the chief power with which to bid up prices.
IL worked with considerable effect to-day, and
points freely distributed TO help on the cause
hvc per cent higher prices being promised and vowed
TO all who should give push TO the speculation.
Under the excitement thus created 80 600 shares
shanged hands at quotations that nuctuaed between
,2s and "a, the large operators trading brskly and
kpping In and out with the sprightness OF specua-
i've gazeies. Apparently the latter movement was in
anai dealings considered the prudent thing Tor tho
aay, at least, cropped up sellers than
buyers and the price closed at 725s
Western Union very encctually took the wind out OF
the sails Of Lake Shore and gan Central reducing
them to the second place in the days although
fair advance at time established, but not sus
tained entirely TO the end
Nearly the entire list bore Witness by advancing
ngures the prevailing confidence in better market,
Central and Hudson being particularly noticeable for
Its strength, which, in view OF the fact that its main
stay had just been removed by death. smacked some
what OF game of blur or i'll. timed braggadocia.
Illinois Central sold up from 63k yesterday to 65 *
to-day. The statement that the company has placed
It's books at the Bank of Commerce for purposes of
registry may have affected the stock favorably it
tainly needs all the backing up could get in face of
the street report that the earnings have decreased
$500 900 for the month of December.
Tho coal stocks decidedly hors de combat for
bulls and bears exhibited no disposition to wranglc
fight for their interests either pro or
Consequently they scarcely able to bear their
own weight, and tho weakness exhibited in the
morning was barely recovered from later the day.
The precious metal is commencing 10 be looked upon
as precious heavy load by holders who squirming
at the tax exacted payment for carrying it,
while they find anything but consolation in the gov.
ernmcnt disbursements which now oozing out
upon the market
Free sales made at 1861, and the future and
public opinion presage still lower prices.
That happy class of tho community, "favored by
gods and men . who since the first OF the month have
been plying the coupon-cutting shears, bringing
the results OF their abors DO MARKET
log prices and melting unusually active trade and
with It sharp der.and for money CALI which to-
day ranged at from SIX to seven per cent.
sALEs
amounted to III 900 shares. which distributed
rol.ows:-New York Central and Hudson 3, 555; Erie
1000: Lake Shore, 16 $685. Chicago and Ptsburg, 250;
Northwestern, 900; do preferred 700; Rock Island
1850 Pacific Mail, 400; St. Paul. 100; do preferred
G5O0; Ohio, $500; Western Union 49, 800; Wabash
100; Union Pacific, zoo; Delaware, I.ackawanna and
Western 600; New Jersey Central 8, 500; Michigan
Central IL 500; Hannibal and ST. Joseph, 1900; do.
preferred, 900
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest and