The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-31
The Stock Market Dull and
FeVerish.
GOLD lO2 3-S A 1O2 1-s.
Government Bonds Peverish, States Steady and
Railroads Strong.

WALL STREET.


WEDNESDAY, jan. S0--6 p. NJ
Tho stock market stli renamed to-day In the hands
Of retail dealers the operators gro preferrtng to
keep out Of gunshot long the burgarious silver
bill and the Jeremy Dildlng railroads are threat.
enng the financial peace. Such being the case II 'oL
lowed a matter OF course that trade was sluggish
and prices void OF any important fluctuations. The
of speculation was as usual TO be found In tha
Lake Shore dairy where most OF the "milking' Tor
the last day two mas been going on while the
skinned milk OF inactivity was abundantly distr,b.
uted through rest OF the LIST. The scare the
bond MARKET botn At home and abroad, was less evi.
dent to-day prices beng steadier somewhat bet
ter in both localities. II would that foreign
holders class ioath TO abandon their faith IN
our public credit, or else refuse TO believe that
any nation in ITS senses could deliberately plar
aud perpetuate such suicidal ipiquty as now threat
ems the country. rumor that measures looking "a
a compro mise on the Bland bili-something that will
scotch II kill most Objectionable featureswas
RTE 10 day and may have impaired steadier feeling
Some color the by the tenor of Senator
Chrstiancy's remarks in Congress this morning, In
which. while strongly opposing the measure, he pro-
posed to amend the pending bill by providing for the
coinage OF silver dollar OF 434 grains. With tho gold
value OF the 4l2H grains dollar at 90 II is to-
day. Mr. Christiancy's substitute would be worth 90
cents or about the present value OF tho radc dollar and
would form a compromise between the two extremes
Meanwhile the proposed silver swiadle Is casting ii
shadows before through tho bad odor winch Is attach
ing the trade dollar 1t being refused at legal
tender valuation quite generally, aud is only accepted
with per cent additional or with s per cent
added TO the price OF the commodities sold. Ii tho
purchasing power this coin has thus declined aud
imitation taken place noted, it Is very difficult
problem TO ngure the amount OF imitation which will
follow the restoration OF the paternal shckcL The
railroad managers were again in labor today and II is
stated brought forth harmonious agreement as to
western bound trcght-at least the whole matter has
been left to the arbitration OF Commissioner Fink,
who is trusted to dry It INTO shape. further
meeting is TO be held this evening reference to
eastern bound freight, and satisfactory arrangement
Is expected to be arrived at. SO matters may be
pected 90 smoothly until such time as the com-
panies shall ''cut and agnu' toa fresh
ton. Tho prices OF railroad shares improved In the
afternoon under the favorable ncws and closed quiet
and firm. The Delaware and Lackawanna coal sale
brought about GO per prlcos than tho
previous one but thew still less than schedule
rates The stocks, however, failed to benefit by the
Improvement, but renamed dull and steady.
OPENING PRICES,
The opening prices OF stocks at the Board to-day
were as follows Western Union Telegraph n !;
American Express, Asa; New York Central, 1855 !;
Erie, OK; Lake Shore, 6lk; Panama, 40; Union Pa
cihc 6SA; Illinois Central, 74K; Pittsburg, 72H !;
Northwestern, 35I do preferred, 62lo; Now jersey
Central, 16h; Rock Island, 90; ST. Paul. aSA. do
preferred. 8s7S; ONO, TX; Lackawanna boA; Morris
and Essex, 741S: Hannibal and St Joseph preferred
24A; c., q. ana c., 3; Chicago aud Alton, Tx
Michigan Central, 6o3S; Delaware and hudson. ASH; ;
Fort Wayne, 81.
CLOSING QUOTATIONS..
Tho closing quotations at three r. n were as ioL