The New York herald., 1878-03-06
difference should be
"A tl.tA a

dered in doggerel that so grcata
difference should be
'Twixt Tweedledum and Twecdledce.
The venerable rhymestcr had ne lived to-day, would
have been surprised what facility the Stock Ex-
change reconces such apparent contradictions.
Their last feat OF this nature originated yesterday and
continued to-day is illustrated by the course OF the
railway market. Bnt short time back II was accepted
as gospel that q general European war would be the
save all and all OF all domestic evils by open
ing u market for our surplus products. To-day we
have OF peace Of tree navigation upon the
Danube access TO the granares Of southern Rus
sia Consistently with tho opiuons referred to na
news could DO worse than peace news yet We are
treated TO rise values the very quarters whore
we were taught to expect disastrous TALL Proof OF
This IS found the upward course Of the North
western shares in the strong tone OF Lake Shore and
the decided sympathy IN the same direction Of Con-
tra aud Hudson and the ST. Paus. BY far the largest
OF the morning transacted In the North
western, common and preferred. Tho "Gun Club"
seemed to regard offerings OF shares as they would
pigeons irea trap and bagged them; which, by the
way, does not often happen to the pigeon. A newly
organized osborn-Morgan combination had their
innings and even Mr.. Gould suspected. through
the outward aud visible sign Afforded by his brokers,
OF lending a purchasing hand. Thus assisted BY
cliques and combinations. the anomalous peace news
and report that tho earnings for February exceeded
those OF the same month last year by tho amoupt
OF s263.oO gain was made OF one per
cent upon each class Of Stocks and eths
closing prices were quoted the highest of the day.
Lake Shore advanced from 615s to 624 upon an In
creased business, and Central and hudson sympa.
thzed a moderate extent In the matter of transac.
tlons but fully in point of frmness. While the rail-
road market as bright noon to-day the coal
shares were eclipsed. Delaware and Lackawannn in
particular being viewed by operators, as It were,
through the medium OF smoked glass; and osing ita
brightness OF a few days ago accordingly. Delaware
and Hudson still riding at anchor with It's best
bower the shape OF persistent clique support.
which for the time At least bids defiance to all drag.
gng. Pacific MAIL with business to the extraordinary
amount OF 200 shares, proved TO be the weakest
the list anu declined ut one time two points.
but ultimately recovered Of hom before the close.
For two or three days back this fancy has been
displaying danger signals, and the fresh breeze
of this morning proved the value OF the warning.
The morning papers publish the elaborate and ex-
haustive report OF the Pennsylvania Railroad. The
company great credit Tor fully spreading
its and prospects before the public and its
action 10 in commendaple contrast with the course OF
many corporations, which not only cover up all that
is'worth knowing, but require the application of
process to get At any information at all
1t is to be regretted tho should be forced
to 90 poor showing ana that stockholders arc not
likely to realize anything tangible In the shape
of dividends than vague PROMISES and future hopes
At the very close the market undenIably strong
and with many stocks nearly or quite up 10 the best
OF season.
sIrHi OPENING PRICES
The opening prices OF stocks at the Board to-day
were New York Central, lo4a; Erie, 94; Lake
Shore, 6lS; Wabash, 15h; Northwestern, 35k;
Northwestern preferred, 6sH; Rock Island, ssx;
Fort Wayne. SO; Milwaukee and ST. Paul, 3sH; Mil.
waukse and 81 Paul preferred, 709S; Pttsburg 6SXi
Delaware, Lackawauna and Western, 47 Delaware
and Hudson Canal, 46gs Morris and Essex. 6s& Illi-
nos Central, 743s Michigan Central 6o1<; Union Pa
cGc 6sa; Chicago, Burlington and Quincy, 100; Chi
caso ana Alton, GIN; Hannibal anc 81 Joseph, 10;
Ohio and mississippi, TX; Western Union, 76x; At
lau.ic and Pacific Telegraph, PIX; Pacific Mail, 22
CLOSING QUorArOHs.