The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-15
The Stock Market Dull and
Quiet.
FOLD los IA A lOs IS A 100 IA.
Government Bonds Firm. States Quiet
and Railroads Higher.
Money on Call Easy at q a 3
Per Cent.
WALL STREET.
THuRapAY. Feb. Ia 2. M.


Stock speculation 10 VIGOROUSLY tickle as fortune,
and the Spectator himself hayward and unstable
~ the winds He fits from fancy to fancy the
slightest pretence and divides his allegiance between
pne stock and another did Swift between Stella
and vsnessa. Two days back Lake Shore the
queen OF love and beauty, as viewed through mer.
cenary and stockjobbng eyes, yesterday the sceptre
passed the hands Of the Northwestern favor
ic and to-day nnd It changed into the 'black rod
In waiting" Of the coal pretenders. In fact as s
represented in tho pictures OF the three Kings Of
Cologne. the "nigger'' is the most prominent OF the
trio, and Delaware and Lackawanna, with its staring
black eye smutty visage, filed that capacity to
the letter as It came to the front this morning the
chief attraction Of the entire list II did not require
much upon tho part OF brokers'
portion Of whose education It is to
further in to millsones than the unntated outsider
to discover that the anthracite shares were being
pentifully sold, and that the supply In shape
of long stock Did any doubt OF matter exist It
was quickly set rest by the great addition 10 the
market OF loanabe shares and the increased OF
sbtaintng stock for deliveries So far the much
desired combination which, It thought, would
Acs as literal el,rir vitG upon the companies has
proved more of an emetic than o stimulant, or, at
least, has not prevented copious throwing up OF
yhares from the strong boxes OF holders who have be-
como sick OF hoping against hope. The facts, ad-
duced by the Now Jersey legislative committee. that
the present trade price than
sufficient to cover tho cost Of mining and trans
port, and that. In addition thereto, the market
was gutted with coal which finds buyers-thess
facts, we say, certainly not encouraging TO such
parties hold shares Tor speculation, and It is
be wondered at II they should desire shift their
ventures in some moro promising direction. Some
Of The stock jobbing sharps who do the weathrcock
business Tor the street, think that this direction leads
10 brisk upward turn in tho Northwesterns and
LAKE Shore and are quite confident that Mr.. Ksene
and other big wigs have been getting out OF Western
Union ana some other ianc,es for this especial pur
pose. Receipts at Western ports, as in COM
to-day, the statement made that tho weather
has again reduced the country roads pulp. During
the last hour the coal stocks improved GOV.
sring OF shorts, but the railroads renamed torpid
and without feature.
PRICES.
The opening prices OF stocks at the Board to-day
we're as tollows:-New York Central 1O4x; Harlem
lllX; Erie. 91s; Lake Shore. e1h; Wabash, 15k;
Northwestern, 342S; do. preferred 81: Rock Island
e8X; Milwaukee and ST. Paul, 37h; do preferred,
6SX; Pittsburg, 70H Delaware Lackawanns and
Western, AN; New Jersey Central, IT; Delaware and
Hudson Canal, 4616; Morris and Essex Tx; Mchi.
gan Central, 59k; Illinois Central, TAX; Chicago and
Alton, II: e., y. and l. c., IN; Hannibal and 81
Joseph, l01 do. preferred, "a Ohio and Mississippi.
az; Western Union, 75x; Atlantic and Pacific Tele.
graph, %
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