The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-05-25
FINANCIAL and COMMERCIAL.
Stocks a Trife Firmer-Improve-
ment in the General List.
GOLD 112 La A 112 5-S.
Money on Call and 2 1-2 Per Cent-Govern-
ment Bonds Firm-Railway Bonds
Steady-roreign Exchange Lower
WALL STREET.


There exists an old saying that 'cnough clear sky to
make Dutchman pair OF breeches" presages clear
ing weather. To-day there riff in the clouds
winch have so long hung the market, and streak
of azure narrow but promising, revived the failing
spirits of respondent brokers' At the close OF bust
ness Yesterday there much more OF appearance
OF blue rum than OF blue sky in prospect, ana Lake
Shore seemed to be particularly tingcd with the OBJ
noxious color The report prevailed that the 'nsati
ate archer had let fly death-dcalng shaft and that
the Commodore was mortaliy hurt Down
went the stock accordingly, although
tho official lists report no sales under
6lh. trapsactons made in brokers' Offices and at
the Finh Avenue Hotel, in the evening, low 81
This morning, however, IL was discovered that the
bow drawn by the ''insa,atc" was very long bow
indeed, that the Commodore, instead OF being in
rems was decidedly better, and that there every
reason why the price of Lake Shore should become
better also. And It ddthe very first sales being at
1tr, with gradual but steady Improvement which
carried the stock up 52l, fractional recession
taking place at the close
Besides the strength afforded by the purchases OF
disappointed bears who selling shorts on the poins
or the Commodoros demise, had rcckoned without
their host there the added support OF long line
OF .'puts" falling due to-day at so and under, which
compelled the wise operator OF William street 10 .hod
II
chase In Pacific Mail tho old conquerors
cry OF "ve rictis,' went up and the stock
went up also. The vanqushed had to look
ncr their short contracts and the victors rendered
tho search painful one by throwing the obstacle OF
constantly advancing figures in their way So thcre
was bounce upward to 2S4, at which point the sue
rcssfu Panama people, having no further use Tor the
stock for election purposes now that tho books are
closed attempted TO place upon the market, but tho
short had been emascuatcd and there was not
faith enough the future TO attract buyers for the long
account. Consequently there natural break
down. which brought the price TO 261, or one point
under the nish OF last night
In New Jersey Central, and Delaware and Lacka-
wanna, The scarcity OF stock for borrowing purposes
nhe first lending bonus of "a and the latter OF 132
per day) rather than any other reason that was per-
rcptblc produced lrmer feeling as well rs better
quotations prices the close registered severally
S3,a and l041.
There was nothing remarkable in Western Union
the market remaining Arm, with far amount OF
transactions There is liberal distribution OF infor
nation rs to the formation and Intentions Of a new
party which is said have taken hold OF this fancy
but generosity meets with but little recognition
by the old files of the street. Who IL they do happen 10
have weakness for old rye, not easily caught by
chaG
Ii is presumed that the soidisant granger stocks
still exist but if they do their history is told in the
published prices of the Official list solely.
The transactions at the Stock Exchange to-day ag-
grcgatcd l53, SIT shares. New YORK Central and Hud-
son, . 762; Erie. $500; Lake Shore, 4o,3J0 Pacific
Mail 81 600; St Paul ,2o0 St Paul preferred SEQ;
Dhios 200; Western Union. 1850; Wabash, 200;
Union Pacific 800; Panama. 800; Michigan Central
10 200; Delaware Lackawanna and Western, 1905;
New Jersey Central, 1,0l0.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening highest and