The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-03-17
FINANCIAL and COMMERCIAL.
The Stock Market Fairly Ac-
tive and Strong.
GOLD 1Ol IA a 1Ol 3-S.
Government Bonds Firm, States Dull and
Railroads Strong.
Money on Call Active at 4 1-2
3 Per Cent.
GOLD 1Ol IA A 1Ol 3-S.
WALL STREET,
SATURDAY, March 1876 =. h.

SATURDAY, March l0-o i. d.
So far relates to the prominent speciates the In.
cinaton seemed be this morning 10 let well enough
alone and consequently no effort was made TO move
them out OF the condition Of duh steadiusss. Tho
Northwestern people bate one jot OF their Dcei
in higher prices for property and II they do not
exactly pledge tho road to ncaruation OF lat DIV
idendsn upon the common stock are nevertheless
talking strongly that way. In respect TO securing
control shares Tor election purposes, It is claimed
that this already been done and that Mr. Gouid's
chance representation The direction Is no oet'or
than that OF ths traditional and clawIcss gray
maxim whom consigned TO surroundings OF phoglstic
nature. II this be reported u IS not
clear Of what particular value Mr.. Gould's
large accumulation OF stock to be TO him
unless he contemp!ates speculative douche
which will 20 swamp prevailing prices ana
make things generally uncomfortable 10 holders
With the exception OF Lake shore, winch, after slight
advance receded 10 opening ngures railway shares
were comparatively neglected. The main Interest oil
the day centred IN Pacific Muil and was measured by
transactions Of over 900 shares and by decline IN
the price OF per cent, which was scarcely bettered
at the close II would appear that the unfortunate
craft has brought up lee shore and IS III sore dan
ger OF going pieces How much OF the catastrophe
Is 10 be imputed to the wreckng propensilies OF It's
pseudo friends and how much TO bad luck may be
worth examination AZ some other time Ihere IS
suciency Of evil for to-day in recording It's hapiess
condition Us Tbs result Of large sales by hold
ers who have andoned It's fortunes In despair
II 10 sad example OF tue mutaoiity
OF values, TO nnd noble property, which, fourteen
years ago was quoted at $50. 80 completely gone 10
ruin The record OF the coal stocks was almost
tabla uasa there being but limited amount oil sales
nscrloed thereon prices, however. continued nrm'
probably because nobody was Interested enough 10
move them. Western Union was well up IN the DEAL
ings ut fractonay higher prices, unuer the impress
sion that the efforts throw overheard the useless
Atlantic aud Pacific ballast will be successful For
the same reasous tho latter stock was weak and de-
cuing: ike racic Mail the meat has been extracted
from tho nut and the shell Is valueless WIN the
exceptions oted the market closed firm but dun.
OPENING PRICES.
The opening prices at the Board to-day we're as FOL
lows:New York Central (ex-dv.) los Erie, l0 Lake
Shore. 63il; Wabash, 144 North WESTERN AN; do
preferred 69s Rock Island, 1918 Milwaukee and st.
Paul. 39h do preferred ~; Piasburg, IL; Della
ware Lackawannn and Western, 47M New Jersey
Central. lax; Delaware and Hudson Canal AN;
Morris ana Essex, 7c Michigan Central. 62a4 Illinois
Central 49, Union Pacific. 7lsS. Chicago. Burlington
ana Quincy 10l1S; Hannibal and ST. Joseph, 10A; do.
preferred 221s; Ohio and Mississippi, So; Western
Union. 79L; Atlantic and Pacific Telegraph 1917 !;
Pacific Mall 1914.