The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-07-27
The Stock Market Very Ac
tive and Weak.
GOLD STEADY AT 100 la
Government Bonds Strong, States DI
and Railroads Lower.
WALL srKxHx. /

FRIDAY. July 26-6P N.
This moral ing ushered in an additional day Of tribe
lat,ons Tor the much afflicted St Paul properties
The extremes of prices were Al ana SO for the com
m on ana 10 y and "a for the preferred shares Som
operators mostly BEARS recognizing the fact that ths
fall has been a serious ono and that even WesterA
rains might be succeeded by bow OF promise capa-
pie of renewing pluck OF faint hearted buis were
buyers to a considerable extent after meridian. and
under the demand IRON TO per cent OF the loss
was recained a, the close in the early hours dead
set was maze ut the STOCK both lsnas and shorts be-
ing free sellers Among the former was to be traced
the handiwork OF more than ono ci-deuant friend Of
the company, who had been blatant and hopeful
enough wnen prices wore 10 pcr cent higher.
but was now reduced pulling long faces 70 the sat-
isaction OF the worst oil its enemies Accounts from
tho est were not assuring, reporting AZ they DID
constant ana copious rains and generally uniavorabs
weather; nor did tho report tina: certain bank had
sold out u largo block Of hypoihecasd stock help
matters, unless said action DO regarded from bear
po,nt OF view. Tho Northwestcrns, while iariDg no
better IN the matter decline, less pressed for
SALE elected Of popular interest and were better
supported IN lua doalngs. The apprehension thas
tho CONTIGUOUS hammcring at tho ST. Paul specuia-
ton would in the end disintegrAtN the
rest OF the market was partially rsanzed
this morning in the general decline which
attached to tho entire list Lake Snore, Westoru
Union, Michigan Central and some OF the
lighter fancies gave way to the extent OF per cent
or thsreabonts. though they recovered partially q
tho end. Pacific Mail, which had drlfod on to oad
lee shore, on tears Tokos safety touching ID
at its lowest waterl managed to claw OF when the
ship was repor led to reached port, aud marked
1917 which IL nearly retained at the close of the day.
Alter losing nearly three points Delaware and Lack
awanns regalned one-hau Of them In dnal dealings
Beyond the lac. largo seller was detected IN the
ACT OF liquidation no new features were observable In
the stock Business, as usual. was confined - two
or three of the leading specuatves the rest OF the
market being lett to the tender mercies Of retail
traang.
The opening prices OF stocks at the Board to-day
vere as esteru Union Telegraph. 92 Adams
Express 1o4s; Pacific Mail. 15s4; Now York Central
81: Erie l7h; Harlem, l42; LAKE Shore, 63H; Union
Puc,ac SO; Illinois Central IS; Pitsburg, 81; North
western. 46; do. preferred, 1914; C., c., T. and l.,
25x; New Jersey Central "a; Rock Island, u4h;
st. Paul, AK; do. preferred, 76A; ohi"s. X;
Lackawanna, 5sg<; Norris and Essex, SSK; New Jsr-
sey Southern, *.
STOCK TRANSACTIONS.
The total sales Of stocks Board to-day agere.
uatcd 2s8. 7S0 shares, winch distributed fol-
lows:-Western Union Telegraph, 1270o; Pacific
Ma,l. 1.6l0: New YORK Central, 6.1; Erie, %, 800;
Harlem, 200; Like Shore, 81, 900; Union Pacific $50;
Illinois Central 200; PttsburR, 100; North western,
~ 2oo do. preferred. 245o c., c., 9. and l., sooi
Now Jersey Central 1872 Rock Island. 400; St Paul,
AZ e2o: do preferred 1907 Wabash 6oo ohios. 500,
iackawanua, 50947; Morris and Essex, 2,7oo; New
Jersey Southern, 100; DeIawars and Hudson. Asst
Michigan Central, 1925; Burlington and Quincy. loQ
CLOSING QUOTATIONS..