The New York herald., 1878-09-10
An Irregular and Dull Mar
ket for Stocks.
GOLD WEAK AT 100 IA.
Government and State Bonds Quiet-Railways
Firm and Higher.
MONEY ON CALL / 1-2 TO 2 PER CENT.
WALL STREET,
MONDAY, Sept. 9-6 2. NJ.


To-day's stock market has been dull and lopsided,
with the maximum OF interest shifted into the granger
speculation, where It remained the day through. The
minimum OF attention struggled of into the rest OF
the list, with Delaware and Lackawanna and Mishi-
gan Central the recipients OF tho larger part Of tho
activity LETT over in the unequal division As hinteo,
the Wisconsin stocks absorbed tho lions OF the
days business; and this at prices which advanced
In fractional way opening ones ana which,
with the exception Of tho Northwest common stock,
somewhat higher at tho end than a: tho
commencement There is no reason change the
opinion heretofore expressed, that the Wisconsin
stocks being absorbed quietly. gradually and
chenply, as prelude TO bull movement.
Above all is desirable to obtain them chenpy. and
hence the necessity OF the frequent and spasmodic
raids which depress prices without sacrificing stock.
sufloiency Of shares having been laid In at low hg
the future will take Of itsolf AS happens
at Kettiedrum's, when Browns young mon, with
eye TO possible prospective parties. ply fashion
able dowagers with tea and then set them to draw
before tho parior re, spectators in the grangers
seem to be acquiring these properties with u keen
eyo TO a rcmuncrat,ve future. While the railroad
market was strong the coal carriers as exemphhed
by Delaware. LacKawanna and Western,
From 52d at tho opening the price declined to 50x
at the close. Tho failure OF the Oxford Fur
mace Company, by which the coal company was
reported TO lose some $250,000, given
the immediate reason for tho Decline and the same
remained unrccovered from although ator statements
represented tho coal carriers TO fully secured
circular whicn represents the views certain members
OF the Committee Reconstruction OF the Ohio and
Mississippi Railroad Company has been prepared and
will be published in DAY or two. 1t would appear
from the statement that the neglect Of the sub-com
mttee to carry tho recon mcndations OF the Re-
construction Committee as directed is exposing the
road to 'amm,nent peril and disastor." 1t is con-
fessed lead the belief the Bal
timore and Ohio Railroad through obtaining their own
Vice President receiver aud by controlling tho Board
Of Directors 'who havc obtained the direction
Of its traffic and policy, have, TO all nents and pur-
poses gobbed the whole An appeal is there
fore made TO the bond and stockholders the Ohio
and Mississippi road the properly from this
control by making ia settlement with Its several
classes OF creaitors." This requires
Ffrst-To clear away the default on the Hrst mort.
gage.
Secosd-To effect the snmc result with the second
mortgage.
Tnird-ro permit full reconsideration Of tho Spring
field purchase, which is required by their bond
holders ana also the interest Of tho stockholders
To obtain desirable result II is urged that,
much the stock is chiefly held in this CITY, the
cancies u tho board of directors 10th
OF October shall be filled by SNOW York gentlemen
That something should be done to DO Of para
mount importance; that anything will be done 10
swsysss than doubtful
RANGE OF FLucrUArroS.
Following arc the highest, lowest md 0rst prices of
active today, together with The closing quota
tiOns:-