The New York herald., 1876-01-16
Stocks Very Firm---A Sharp Advance
Along the Line.
GOLD HIGHER AT 113.
Money on Call Loaned at and Per Cent
Discounts Unchanged-A Favorable
Bank Observation-Disclosures
Securities Firm.
" MI = HEEIf
SAruRpAY. Jan. 15-6 z. N.
WALL STREET.

r H.
There was cheerfuness exhibited in the stock
market day which notable by its
contrast 10 the depression OF many past
weeks An abiding faith in the budding of .
new prosperity seems to have seized upon the
tire stockjobbng fraternity There is trust in the
speedy advent OF a spring tide Of successful trade
which leads the belief that has only be taken
the food to lead on to fortune Certainly look
to-day as If the tickle goddess certainly wooed
and won-that the 'winter Of discomfort" was
speedily to be made season Of glorious summer"
and that for the future there would be nothing bat
beams and basking therein.
Unfortunately, a single swallow does not make
summer, and the bird of promise which has been fit
ting before for day past may yet disappear
suddenly as he came. Up to midday the market hung
sluggish, with an inclination to a lower basis; but
about this time there apparent decided influx OF
orders purchase Lake Shore and the quotation
rapidly advanced from 643s to 67. The Gould clique
prominent and fostering this advance, and at one
time 1t almost seemed though there we're corner
threatening This sharp rise partially due to
the purchase of shares which had been sold
short on the guarantee of ''calls sold by Mr. e. S.
Munroe (whose failure officially announced), and
partially to the report ndustriousy circulated that
Commodore Vanderbilt a large buyer OF the
security. AS this gentleman is notorious for his
its fifteen per cent RISE and at the same time con-
hdng of action to the public at large, is
quite possible that the rumor well founded. At
any rate the stock hot favorite it has been
for many day past, and fairly disanced all other
competitors in the running.
There were new life and animation in the Mississippi
and Ohio common stock, which has been inert at
almost unvary quotations Tor long time past Itdid
clearly appear whether the activity due to
awakening of its Montreal friends, who stick to it closer
than brother or to what TO be the fact, that
the road is doing exceptionally well, realizing we
informed, more satisfactory earnings than have
and St. Paul stocks exhibited but limited dealings
pared with those of day two back and prices
not materially changed.
There was only about one-half per cent variation in
quotations for Western Union and there appear 10 be
no party spirited energetic enough to twang the
tyre which might be constructed OF its poles and
There was a fractional in Pacific Mail, which is
The prelude we promised, Of important dongs next
week.
THE STOCK MARKET
The transactions the Stock Exchange to-day aggre-
gated 1872 500 shares, which distributed among
active stocks as foows:-New York Central and Hud-
son, ans Erie, $780, Lake Shore, So soo Cleveland
and Pittsburg loO Northwestern, $500; do preferred
700; Rock Island, l,495; Pacific Mail, 52l; ST Paul,
I5 500; do preferred $500; ohos, "a, 800; Western
Union, II, $50; Union Pacific, 1850; Panama. 52l
Michigan Central, l3,26o
OPENING HIGHEST AND LOWEST PRICES
rhe following table shows the opening highest and