The New York herald., 1878-02-26
The Stock Market Dull and
Quiet.
GOLD 1O2 A 1O2 1-9 A 1O2.
Government Bonds Weak, States Dull and
Railroads Firm.
Money on Call Easy at 4 Ia 3
4 Per Cent.
WALL srREEr,
MONDAY, FeD. 25-6 p. u.

MONDAY, FeD. 25-6P.M
The sempitsrnsl employ mout oil ''skinning' each
ether was continued by The Board room brokers to-
Gay, though there s small to suppose that the
successful Of them secured anything resembling
golden fleece by their efforts. In TACT, there Is
spscula,ive Jason just DOW IN the market able or
wiling to lead expedition search ol either higher
lower prices and tho predatory Argonauts OF the
street are, consequently. as much OF work as
many Jacks ashore. Nevertheless the market made
trns more hcadway this morning. both In the matter
oi ductuations and IN bulk Of dealings AS general
thing prices were stronger Tor Lake Shore, the coal
shares and the grangers the railroads being iavoraby
Affected by increased earnings (Which IN the
ease of tho St Paul property shows gain
si Seo, 600 tor the third week IN February over
the same period OF last year,, ana the anthrac.tes
being stinened by prisk covering OF shorts Tho
meeting of the investigating committee at the St
Nicholas Hotel this morning may have prompted ths
latter stop through An apprehension, perhaps that
en- examination into the companies accounts may un-
sarth unsupported philosophers stone which may
turn their present depression into a golden future.
The does appear to be very alarming as the
best The committee do Is declare the legitimacy
oil tho combination; while the worst tney can do
weI We will wait for the report for that Because
The stocks named were slightly rmsr It is Dot 10 be
Inferred that there was only one side to the mar
ket, and that the sunny side There were shadows
weli ana they tell rstnsr tbicky upon Chicago and
Alton and the leased lines Of Pennsylvania Central
Tho annual report OF tho Chicago and Alton Railroad
earnings from all sources OF s. AGA 303; oper-
ang expenses, 81 357 005 net earnings, So 107 29s
showing decrease oil $l62 $50 In spite OF consider
able cssenng Of the expense account Judged by the
fall OF 2K per cent (Which was atterward partially
covered rom) the report Is regarded unlavoraby.
tho lair arkc svIv Cant
was notably weak, aud in turn Affected It's leased
roads-viz, Cleveland and Pittsbure. which dropped
az per cent and Fort Wayne, which lett nearly
she samc plight Too many leased lines is ike being
too much marred-the receipts fail to compen-
safe Tor The expenditure Western Union, which had
been strong the day through, suddenly collapsed at
tho cose--if strong expression s warranted by
. lali Of u per cent. Even the enthusiasm OF Mon
treal operators, who role havo the "good things"
passed up 10 them that are not appreciated here,
failed 10 afford q necessary supporting element and
tho stock closed weak and feverlsh. There was NO
political Of moment from Europe and no Silver
bll gossip from Washington; consequently govern
n,ent bonds, though weak in the morning, rallied
shade the afternoon, while gold ruled between 102k
and lolX, with the closing figures at l02.
orESixo PRICES
The opening prices of stocks At the Board to-day
were ~ ioliows:-Nsw York Central, 105; Erie, OK F;
Lake Shore. olx; Northwestern, S5z do preferred,
e2X; Rock Island, 9o5xi Fort Wayne, IS; Milwaukee
and ST. Paul, 88; do preorred, 697S; Pttsburg, SO;
Delaware, Lackawanua and Western, Az; Now Jer.
scy Central, 11x; Delaware and Hudson Canal, 4e4 !;
Norris and Essex, HX: Michigan Central, 60; Illinois
Central 73k; Union Pacific e7S; Chicago, Burlington
aud Quincy tex dividend), loik; Chicago and Alton,
u; Hannibal and ST. Joseph, 1ox; do. preferred,
R3k; Ohio and Mississippi, * Western Union. 7oA;
Pacific Maui, 23h
GLAZING ouorA rioxa