The New York herald., 1879-03-15
FINANCIAL and COMMERCIAL.
The Stock Market Quiet
and Dull.
MONEY ON CALL 8 10 A SA A PER CENT.
Government Bonds Firm, States Lower
and Railroads Irregular.
WALL STREET,
FRIDAY. March 14--6 p. M. (


It 10 fortunate circumstance for stock jobbers
that in twenty nine hours from the present writing
the pending contest between brute endurance and
sntagonstic Nature will be definitely settled at Gill
mores Garden. 1t s to be confessed that muscle, for
couple Of days back, has materially interfered with
manipulation. and that from the want of the latter
the market has remained more or less stagnant As
was the with ancient Gaul, which the lamented
but defunct Caesar described as being divided into
"tres pdrts stock spectators have separated into
three divisionsthe first backing itself to either win
lose the pedestrian match. the second sticking
to such chances as were afforded to lose or win
in . stagnant market, and the third keeping re-
ligiously away from BOTH As happens, the latter
was the most important element of the three, and
under this disposition remain quiet there resulted
loss of gate money at the Garden and profound
dulness Change. As regards the latter locality
there is nothing to be reported except an inactive
market feeble fluctuations and restricted business.
Taken a whole prices were inclined to out.
Hardly any security weighed quite as much in the
scale of financial values at the end it did at the be-
ginning yet under the inconsistency OF street par
lance they all acknowledged to be "heavier." "
At least in most instances lower prices
q shade There evidence of large operators
being present in the market, and not much of small
Ones and consequently such business as was trans
acteu 1ell TO the snare OF the preoatOry uOruc oI
fractional traders who do not hesitate to take
the scalp of innocent speculator for eighth,
or kill him outright for quarter The market.
being thus left the prey of speculative Rueras.
afforded really nothing worthy Of serious mention.
While the inclination of prices feebly downward
Canada Southern. exception. advanced The
fact published some six weeks ago in this column)
as to the tunneling of the Detroit River has been
revived o basis for bull movement. and upon
this the quotation carried to 63H to-day Mich
igan Central. which will be equally benefited by
the Improvement, was the contrary. neglecte
and allowed to drop off a half per cent fact
which goes to prove that Stock Exchange people
more abls to beyond their noses than the
ordinary run Of mortals. Coal stocks were
lower. weak and foverish. Judging by the loaning
rate, which, in the of Delaware and
Lackawanna from two to three per cent "for
rying," the short interest has been maturely closed
up. Considerably activity manifested in Kansas
Pacific, Kansas and Texas and St. Louis and San
Francisco shares with less strength for the bonds
the first named and good deal of hrmness for the
latter. At the very end prices were somewhat bet
than the lowest Of the day; but ut the
time they utterly without significance to
what their dimensions may be tomorrow.
The opening. highest lowest and closing prices
of stocks at the New York Stock Exchange to-day
were us follows:-