The New York herald., 1878-02-10
FINANCIAL AND COMMERCIAL.
The Stock Market More Ac-
tive and Weaker.
GOLD 1O2 A 1O1 7-s.
Government Bonds Firm States Steady
and Railroads Quiet.
Money on Call Easy at 4 8
Per Cent.
THE BANK STATEMENI.
WALL STREET.

SATURDAY Feb 90 p. M.i
Dealings at the Stock Exchange to-day were up 10
some 70 900 shares, an Improvement upon those OF
day or o past lacking at least two-thirds OF the
amount which by tradition should be expected at this
season OF the year They chiefly confined TO the
Northwestern Lake Shore properties though Del
lware and Lacka wan anua--petitionin Lazarus ike
picked up q iortabe lot Of crumbs from the days
speculation In closing prices were better
than the worst but not up the highest OF the day.
though there was no reason that there should have
been any change ALL considering tho fact that there
was entire absence OF news, foreign or domestc'
truthful or mendacious, capable OF affecting
the course Of quotations either ono way or the
other For reason or other the Northwestern
shares seem TO be getting into dsrepute; week ago
tho "Gun CLUB" blazing away in their favor ana
procaming them to be the best Of "blae rocks" TO-
day they don't consider them worth trapping Judg-
ing from the freedom with which sales nave Deen
made. This sporting either wrong then ana
"a right now or vice versa; or, more probable than
either the right or wrong depended upon the betting
whether the odds had been iald against rise or
fall, with a certainty In either case that the odds
would be won whether the stocks went up or down.
There was nothing either from Washington or abroad
that eould be twisted into an influence upon the
kct either pro or con to-day, and in ts absence
such brokers as possessed tho right OF membership
hied them TO the iresn neus auu Pas'u'cs
new as wcie afforded by the popular grazing
grounds OF tho Mining Board While the olo
board snivelled the nours away the drowsiness OF
senle dotage, the applicant for popular iavor was
as fresh as popular cemetery and attracted crowds
of SPECTATORS seeking favorable plots for future inter-
monts therein SO lar, however, the Mining Board Is
ive' and is daily gaining strength, thanKs
TO the imbecilty OF the Stock Exchange Governing
Committee, who have driven away this branch Of
,rade as they did the gold of yore The last
,hase OF insanity developed by this respectable body
as we are iniormed) consists In constituting them
,elves medical examiners and refusing to ad-
nit candidates for membership on the plea
tbal tho bodily health oil the applicants
WINS not up to the rate The popular impress
SION ia that the Stock Exchange originally const
tu.ed for purpose OF buying ana selling Stocks 1t
now appears 10 be the intention TO change 1t into
ue ,nsur,pg society which will open Its doors with
,raater read ness TO candidate In prime ply Steal
,ond,tion than to one whose bank account exhibits
traccs of congeuital and financial feebeness. Prices
AZ IN com parison with tho lowest were generally bet
tor at the close the railroad pooling busi
ness as reported Chicago and the less favorable
bank statement failing to depress quotations except
to a fractional degree.
OPENING PRICES.
The opening prices OF stocks at the Board to-day
were as toliows:-Wostern Union, 765s Lake Shore,
na.; New York Central, 1855; Michigan Central,
s0L: Delaware, Lackawanna and Western, 49A;
Delaware and Hudson. 4s3s; st. Paul, 81; st. Paul
prcterrcd, 6ss4; Northwest, 34h; Northwest pre-
ferred 81 Y: Ohios So; C., c. and T., 2'S; Hann-
mi and St. Joseph preferred. 2514; New Jersey Gen.
,ral. 1;sI: Quicksilver, l74s; Iron Mountain, OK.
CLOSING QUOTATIONS.