The New York herald., 1878-02-28
FINANCIAL and COMMERCIAL.
The Stock Market More Ac-
tive and Weaker.
GOLD 1O1 3-4 A 1Ol 7-S.
Government Bonds Steady, States Dull and
Railroads Irregular.
MONEY ON CALL 41-2 s PER CENT.
WALL srnKEr,


"WEDNESDAY, Feo. 27-6P. u.
The stock market nexpectediy woke up this morn
ing whether TO over and TO sleep sgan or 10
keep awake viii be best answered by the story OF the
next few days For the day, at least, mot poppy,
nor mandragora" (couched in the form Of indiner-
and steadily administered for weeks past). was
able 10 narcotize the wideawaks interest which sud
denly manifested Itself After ALL 1t was ''no great
shakes'-this interest-but only nouceabe as in con-
,rasr with the profound lethargy which preceocd II.
Such ns there was OF it, however, was subtle. and
permeated the entire lst-it had necessarily to be
spread thin; but connubal Affection and buttered
bread have be uoated In the same way 10
make them 20 lar There was enough fresh
attention excited, however, to raise tue aggre-
gate OF transactions to commendable figure
and to keep tho nag OF speculation up 10
q respectable amble. Delaware and Lackawanna,
Lake shore and tho preferred st faui-iu the
oracr named-gathered the largest crowds; but these
latter were Saturnins lot, who derived dull salts
faction and little money by selling the properties
down, and closing them, as they did At tho lowest
prices Of the day. Tue Hump,y Dumpty leased road
Morris and Essex--had .great fal' Of 3H per cent,
ana all the Delawares and Lackawaunas in the land
poweress TO make II stand for anything but
money losing concern 10 all who associated with
It. These guaranteed leased roads getting into bad
reputa Fort Wayne Pi,tsburg and Morris and Essex
coming out OF strong boxes and to the market;
people are beginning to ask Who going to guarantees
the suarantor?-a very pertinent question. by the
way to ask Of Delaware ana Lackawanna and one which
the Assembly Committee IS likely TO put Lake Shore
varied only per cent during the day. stock changed
bands to the extent OF nearly twenty-one Thousand
shares, with buying element nearly equal to the
telling and In most cases aud the same thing.
sharea LETT upon the back seats OF
The days speculation. Evon tho Gun Club took
STOCK" IN ,heir iavorits investment II Is oven
yumored that the association has turned ITS attention
to real estate and will not return 10 the arena OF specu
ation at least until II has tod Its dog Less than
throe thousand be placed to the credit Of
Western Union for the days work, and these
dealt In between the figures of 76h and 75, with the
latter figures the clostng ones. There s nothing new
in tho divorce suit and pendente lite, the party Of the
second part content 10 close some 10 eight hun
dred OF Its Offices and quietly wait while the party OF
the 1rst part makcs money Ior botn The Quicksilver
Mining Company held its annual election to-day,
and il Is Understood that the former diroctory
will DO retained IN ONCE It is stated That, with the
exception Of one oil suits brought against the
papy for alleged diversion oil unds from preferred
stockholders to payments OF bonded debts have been
Withdrawn aud that the way Is clear Tor pros
porous future Philadelphia markets report greater
steadiness tor Pennsylvania Central aud Reading
though the leased roads OF tho iormorCleveand aud
Pitsburg and Fort wayus--gained lis,le or nothing
by the Improvement The market closed weak aud
fsversb the lowest quotations Of the day being made
at The end Of business
OPENING PRICES
The opening prices Of stocks at the Board to-day
were as rollows:-New York Central, 104x; LIKE
Shore, 61k; Wabash, 15S; Northwestern, 345I; do.
preferred, 62s; Rock Island, 99l; Milwaukee st.
Paul 37&; do preferred, 70; Pittsburg, 64H; Deia-
ware, Lackawanua and Western, AIS; New Jersey
Central, 151; Delaware ana Hudson Canal, AZ; Morris
and Essex, TX; Michigan Central SEX; Illinois Gen.
trail, 73K; Chicago, Burlington and QUINCY. l0osl;
Hannibal aud st. JOSEPH, l04; do. preferred 22,<;
Ono and MISSISSIPPI ~; Western Union, 75st Paci.
fc Mail ga. se
CLOSING QUOTATIONS..