The New York herald., 1876-09-14
FINANCIAL AND COMMERCIAL.
Improvement in the General Market Coal
Stocks Exceptionally Lower.
GOLD 100 Sd A ITO.
Government Bonds Active and Strong-Rail-
way Bonds Generally Steady Money on
Call 1-2 Per Cent.
WALL STREET, /


Tho Broad street financial breeze blew steadier to-
aay, and was not unfavorable TO operators who are
stretching away upon the fall tack The coal stocks
ceased "rage so turously" they have dcne Tor
few days back, and by moderate series OF fluctuations
have kept tho lively without throwing 1t into
dsorgan zaon Transactions wero accordingly COM
parativeIy restricted in amount and the attention Oh
the big and little scapers who wander about seeking
what thcy may dcvour diverted TO other special
ties Lake Shore looked upon as tho choicest
morsel OF the ot and considered, in tho hight OF
doubt its future course veritabe oonne oo"cac
by both bulls and bears
Encouraged by the recent report there is q large
party who deem the stock cheap at present figures,
aud prophcsy an upward movement, based values,
when speculation shapes that way
On tho other side, Twenty-thi street and Its fol-
lo",ug bearish ever, scout tho statement
being 'Ixed" to suit stockholders and stigmatize the
whole matter OF the nature OF rose-colorod tint
thrown to a vcrdant and creduous whale. Recently
efforts have been seconded by the short sales of
IN operator whose "bark on tho sea-" and who
the stocks In which tho spot" mado that
bought it Still second attempts are always
successful and the result may be ''Tem-
pest In a teapot aftor all Tho bulls
right to-day, however, for the price improved
lk per the opening rate, and held at the
close Michigan Central, which follows close upon
The heels of Lake Shore did Boswell on Johnsons,
manifested equal upward tendency, and the two
stocks together as leaders of the speculation quickly
impaired like cheerfuness to Pacific Mail, Western
Union aud the Western shares.
The check tho coal stocks Is said to bo due TO the
former Lake Shore party, who contemplate an upward
turn based upon the Immense decline and the oversold
Btate Of the market That this latter element is an
important proven by the scarcity of stock for
min from 1.gl tn mar
cent to-day-and the Irregularities in delivery
The prevailing feeling to-day is altogether hopeful
bne and is founded only upon tho kindred senti
which exists in trade circles, but is streng
by accounts from Washington Of increased internal
revenue receipts compared with last year, and be-
uef that something practical will be achieved toward
mitigating the railroad war.
Railway bonds active and firm, with the exccp-
ton Of she coal carriers, which have hard work to
keep their heads above In fact the Lshigh and
Wiikesbarrs issue made plunge Of ten points
under yesterdays prices, falling from 50h to
10. with only As bid at the close. These
arc tho bonds, amounting to $l5, 900 in all,
which guaranteed by New Jersey Central and Of
s. 0O0 600 belong to that company, though Mr. John
ston confesses that arge amounts have been loaned
to be used collateral to help the makers out OF her
dcultics and which appear to be represented by the
unknown quantity Of agebraic science.
Taken altogether the days business has been a
cess for the bulls and the winding up presented a
strong market with. generally tho best quotations
the session.
.THK
Tho transactions at the Stock Exchange to-day ag-
grcgated 157 900 shares New York Central and Hud-
son. $780, Eric 2900 Lake Shore SO 800; Cleveland and
Ptssburg 20o Northwestern, soO do preferred, loo;
Rock Island, $500; Pacific Mail 64oo; ST. Paul, $500;
do. preferred, 24O0; Ohios, 2,4oO; Western Union.
6,S0o; Union Pacific 400; c., G. and c., 100; Della
ware, Lackawanna and Western, 1880; New Jersey
Central "a s05; Delaware and Hudson Canal, 4,460;
Norris and Essex, ], 1856; Michigan Central 1850
oPxHISo, HIGHEST AND LOWEST PRICES.
The following table shows tho opening, highest and