The New York herald., 1878-10-09
FINANCIAL and COMMERCIAL.
The Stock Market Dull and
Weak.
GOLD 100 SIS A 100 3-4.
Government Bonds Firm, States Dull and
Railroads Irregular.
GOLD 100 SIS A 100 81
Money on Call Active at a
3 8 1-2 Per Cent.
WALL STREET,

TUESDAY, Oct So +. A.
Matters were mixed upon the stock Exchange TO-
day Likewise they inactive, so lar as any ma
teriai change in quotations concerned Bulls in
some securities found themselves IN pocket at the
end OF the daybuils in other securities found them
selves out OF pocket ut the same period OF time.
Striking balance OF tho days transactions, however,
may be recorded that there were more profits than
losses maze by spectators tor the upward turn. In
two words, there more OF advance than recession
In the general list Michigan Central and ST. Paul
preferred closed iractonay lower than they opened,
few OF the outlying gossamers remained neither
better nor worse and bulk OF the active stocks
crawled up lew eighths upon opening prices.
Taxing IL for all in all, the market
was bull one, any disinierested
financial Returning Board would testify to. IL was
nothing brag about, however, for most OF the days
business in Lake Shore which. like Catha-
wheel in pyrotecnnc display, made the best Of
The tsc and eft its scintilaiions 70 illuminate
The rest FeeDiy lighted, as It were by
The strength OF the favorite, some brightness
parted the Northwcserns the coal stocks aud the
common stock OF ST. Paul Kansas Pacific, however,
was inclined evolve light OF It's own and burned
the brightest the days speculation. From 9A
yesterday price I26 to-day, yielding, how
rver, to 125s IN nnAl dealings. rnls unexpected i'm
Srovsment puzzles the street, which is casting about
Ior q satisfactory reason therefor. A plausible
Sne Is suggested tho report that Mr..
Sould has Deen beaten in his sndeavor 10
get control OF the road; that probably
successfu effort will be made get rid OF the receiver
and that tho present Is due to the anticipated
benefits which will arise upon the accomplishment Of
this endeavor Better prices by nearly TWO per cent
we're made al the end tor Delaware and Lackawan ma,
rom that the street. having siied the report
II impending disruption in the coal combination,
Ind nothing than rehash OF an OLD story In
This case in many Others, the wish Is ianer 10 the
thought. and though the disruption is '.consnmma-
ton devouty to be wished, IL is likely that threat
ensd coal combinations, like threatened men, will
live long In this connection a telegram from Phil
adeIphia afirms by authority thar ''rumors relative
withdrawal Lchgh Valley interest from coal
binatlon altogether premature" Moreover thata
meeting was called to-day OF shippers by the Lehign
Valley linc with view OF expressing their content
with the present arrangement but that the same
postponed by that the meeting OF the Leh:gh
Valley Board OF Directors prevented tho attendance
Of It's members. Money call ruled as high seven
pcr cent this being bid by Goud's brokers' The
street theory IS arcn-operator endcavor
Ing 10 tighten money in order 10 break the stock
ket ana afford a chance cover his shorts. day
two will develop how attempt is likely be
successful
the opening highest lowest prices of stocks at
tbs New York Stock Exchange to-day were as iol-
l0vs:-