The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-27
GOLD 1O1 Ia A lO1 IA.
Government Bonds Weak, States Dull and
Railroads Irregular.
THE BANK STATE ENT.
Money on Call Easy at 6 a 4
Per Cent.
WALL STREET,


SATURDAY, Jan. 1915 7. ~
Up TO couple OF hours before tho close the sto OK
market was as desoate Tadmor In the Desert or
Philadelphia thoroughlare. The Lake Shore move
ment having run its course tho principal operators
have washed thor clean hands OF all specu
laton Tor the present aud arc permitting prices Ia
swing ieeby at the instgatou OF tho small traders
1t remarkable however, that the smaller the trader
the bigger is his opinion and for real mine OF nfor
nation amount OF capital stock, extent of bonded
debt past present ana future earnings of any gvon
institution commend to The seedy SPECTATOR who
has margined his final five dollar bill In bucket shop.
This ever existing, never responding Vehm0ericM OF
the street sits in daily lnqus,ion upon the doings OF
the chiefs OF speculation, and discusses their move.
ments and intentions with mucn gusto 10 ones
servants IN kitchen parliament assembled discuss tho
character oil their masters and mstreses the floor
above II Is no easy matter though, in the present
thimbc-rigged state of the market, TO fix ones eye
squorey upon tho inconstant pea, and consequently
to-day's efforts OF the vgllant Committee have been
productive OF nothing more definite than n dubious
surniise that Messrs. Osborn and Morgan were tho
chcl cooks ana bottle washers in this mornings Lake
Shore entertainment Although this Vanderbilt side
show attracted more attention than all the other
stocks put together " failed to draw we'll
usual, MS demonstrated by the smaller amount Of
transactions and the foeber fluctuations. As regards
Inc Value anu prospectus VI company tneTe Is an
evident hating between Two opinions The earnings
OF the road undoubtedly unexampied in amount but
offset in measure by the prospects of peace
ABROAD with the certainty OF the opening OF the Black
granaries in this event. by the rckety condition
of the railroad compact in respect TO freight charges
and the doubtful results which follow the passage
OF the Silver bill, should 1t become law. The same
arguments may equally apply 10 the other grain carry
ing ads under THIS state Of suspense there is
halt In speculation and inclination to await further
developments. At last it appears that the coal man.
ayers, who funked putting pen PAPER ia this city,
delphia and have made the connuination binding by
their signatures. judging by market prices great
reliance placed in tho stability OF the monopoly,
since figures lower IN early dealings though
they ultimately fully recovered in sympathy with tho
railway market. The bank statement ugain favor.
able and the receipts OF breadstuGs in Western cities
and at this port exceptionally large. but lar tho
stock market fails to respond by advance in prices
PRICES.
The opening prices OF stocks AT tho Board to-day
were:-New York Central, 106; Erie, So; Lake
Shore, 6ls; Wabash, 167S; Northwestern, 36sS; do.
preferred, 625a; Rock Island, 99R; Milwaukee
and ST. Paul. 80; do. preferred, 693S Pttsburg ~;
and Hudson Canal, 495a; Michigan Central COS;
Union Pacific 6sI; Chicago and Alton, 70; Hannibal
and ST. Joseph preferred PAN; Ohio and Mississippi,
TX; Western Union, Tx; Pacific Mail, 235I.
CLOSING QUOTATIONS.