The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-09-03
FINANCIAL and COMMERCIAL
A Lively and Irregular Mar
ket for Stocks.
MONEY STILL EASY.
Government Bonds Strong, State and
Railway Mortgages Firm.
Ct O ID AT 100 Ia.
WALL STRsRr,


MONDAY, Sept 90 +. N.
In the matter or inactivity there little 10 dis
tirguish o-day's stock market the OF SIM
liar ones which have preceded it. AS has lately
been the case probably the greatest interest, and
certainly the widest fnctuations control about thcst
Paul preferred shares The days buying and selling
was pretty well divided and might be figured as
financial aqua fortis which would test how much OF
base metal and how much Of virgin gold tho property
contained. Judging from the days result It may be
considered panned out satisfactorily, for tho
opening price OF 64H developed to GO as the highest
point closed 65Ha gain OF nearly point upon
the operations OF the day. In fact tho demoustra-
ton against the grangers was considerably modified
this morning, being reduced frsm trip 10 tack
hammer demonstration, which was tnsuhicientiy ior-
mdable either pound the bulls out OF their hold
nes shiver the rest Of tho marxst II tho COM
mon shares Of St. Paul and tho two sorts Of North
west failed to participate in the improvement
wh,cn fell to tho lot OF 81. Paul preferred they at
icast held their own, traversng they did AZ one
time circuit OF lower prices and coming back OF the
end with tho iainty OF a'cireus horse, 10 the
point which they had started. Dvested OF the
pircensan ailusion, it Is Intended TO state that the
spcniug and closing prices almost identicaly the
,lmc 1t toss-up, however, in street opinion, as
10 whether prices will the immediate future show
tor better or worse. They srenuously tnlked mp
others aud nothing but practical venture upon
ono side or tho other i likely TO demonstrate
the wrong or right Of the opinion Meanwhile the
St. Paul preferred shares have boon undoubtedly
picked up with view TO pronsing by higher prices,
sn contamination devoutiy to DO wished" but de-
pending greatly for upon tho staying quail
ties OF shareholders. Outside OF tho grangcrs the
market was extremely irregular Delaware and Laoka.
wanna, Central aud Hudson aud Lake Shore closing
n an advance upon merning prices and Erie at de-
cline In fact the last named lost plump ono per
cent during tho day. II Is stated that out OF tho
10000 shares OF common stock about 4oe, 900 have
however, is thing paying up 81 gold per share
10 another, and many holders in popular pariance,
"don't sec IT," or at least the money TO pay Il With,
ana consequently reiot from tho dilemma Is sought
through selling out ~ market prices Besides. II rs BY
NO means certain that attempt will not be made to
set aside the entire foreclosure proceedings, which,
In point Of financial combustion. Will only be adding
moro fat to the fire. The dissolution Of the SUCCESSFUL
arm Of Rufus Hatch & Co. was unexpectedly an
pouncsd to-day. Mr.. Hatch WILL as advised by Mr.
Drew, henceiorth paddle hts own canoe while his
former partner, Mr. Anthony, viii continue business
under the nrm name OF Anthony 4 Ohphant. In the
estimation OF Board members Mr.. Anthony simply
switches of his OF we'll earned popularity,
while Mr.. Hutch his proportion Of shc article,
Of which no has enough and to spare
RANGE FLUcruAroS.
Following are tho opening, highsst and lowest
prices Of the day, together with The closing Quota
Lions:- - -