The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-06-16
The Stock Market Comparatively
Dull and Steady.
GOLD 1O5 A 1O5 Is A 100.
Government and Railroad Bonds Quiet
and Steady.
MONEY On GALL EASY At A 2 PR CENT.
WALL STREET,

FRIDAY June l6--6 r. ~
Transactions foil or another 200 shares to-day.
though there by food and aeid, as
had been yesterday to lure the gentle broker
from the haunts where he seeks his lucre. Nor was
there much disposition tue part Of those who re-
turned business this ornng 10 put their shoulders
seriously the Wheel for It has oftener pushed on tho
chr OF Juggernaut than the chariot OF triumph and
days holiday apt revive unpleasant recollections
Un,ti late In the day the market affected by AZ
many winds and oalms a yacht race In June and
thcre were none or the former strong or decided
enough force course for prices oihor Up or down.
though there was enough OF tho latter to create
prontcss inactivity Accordingly the price list shows
but fow changes the only important ones being IN the
coal shares, which worked within the lee way Of
from " TO ~ per cent. some inclination was man
iiested up Union Pacific advantages being taken
Of tho absence OF chief supporter and OF reports as
10 a largo decrease In earnings. The result was to
break the price 6sh TO SO. at which point rally
took place. the stock cosed a, ST. The whole matter
seems TO be only repetition OF Of those periodical
attempts Ego cunning for Could and 80 far looks
like a fash In the pan. Western Union, in compari-
son with fcw days back may be called quiet, selling
at 69H at the opening but closing NJ COX. with
surplus about used up and prospects FOR business
scarcely equal to point which makes future dividends
axed fact it losing many Of It's old friends Az we
heard suggested to-day perhaps tho bost thing that
could happen TO all hands would be drop
10 90 or below. when an amaigamation
OF the rival lines would become pract.
cable general love least be held and return made
TO old tariff rates. with corresponding advance in the
prices of shares The uptown operators, though liter
ally hating between opinions 10 tho future OF
tho railways arc pretty decided IN their belief that
there 10 nothing better than botomlcss PIT Ia keep
Ing tho coal stocks Morris and Essex Is just now
under the ban, being urged that the stock has
steadily falon since tho dividend declared fact
which they fail however, is greatly due to their
own Vaccinations. The Syndicate publish to-day
their plan Tor tho sale OF tho per cents, which II
simply putting Official shape Information already
conveyed TO tho public The bonds are offered from
Juno Is to July Is, to whoever may choose to tako
them ut par gold and accrued interest from July l,
which is date Of the issue. and may DO paid
for at tho time OF subscribing any time prior TO
October 10 ncxt Toward the close OF the day better
feeling was manifested in the share market and prices
we're treated to smart advance. The bow WINDOW
people, as buyers of considerable lots Of the active
railroads appear at tho momcnt TO have got both legs
on the same edo Of the fenoe That they will Keep
them there be hoped for though 1t will require
something than their assurance 70 make tho iaca
doubly sure.
THE sALBs TO-DAY.
Tho sales OF active stocks nt tho Board to-day aggrc
gated l56031 shares which wero distributed as fol-
lows:-New YORK Central, 1888: Lake Shore, $4,000;
do preferred, 800; Rock lsnnd 400; Milwaukee and
81 Paul. 4oO Do preicrred GOO; Pttsburg. 400; Della
ware Lackawanna and Western, 41,725; New Jersey
Central 500; Dsawarc and Hudson Cana. o,76o; Nor.
rts and Essex ~, 845; Michigan Central 500; lnoi
Central, 400: Union Pacific, a.405; Western Union,
"a, TOO; Pacific Mall, 200
MN OPENING, HIGHEST LOWEST.
hf~.n cnJ