The New York herald., 1876-10-20
me price or the HERALD today ana henceforth
UiH De three cents.
FINANCIAL and COMMERCIAL.
The Stock Market Moderately
Active and Firm.
THE GOLD MARKET QUIET.
Money on Call 4, 3 and 2 Per Cent-Goyern-
ment and Railway Bonds Strong.
THE GOLD MARKET QUIET.
FOREIGN ADvCES LESS EXCITING.
WALL STREET,

THURSDAY, Oct. 1876 =. W.
Tho newsboys' stontorian proclamation through the
streets OF sgreat between Europe and Russia
scarcely be accepted correct in the light OF TO-
days cables though IL Is conclusive as to tho schoo
master being on a foreign tour.
In fact the kilograms throw new light upon the
situation; certainly do not complicate 1t. for they
describe the European houses as less panicky, and
even quote public funds shade stcadier.
The only additional spcck OF war lies In tho depart
Of troop ship iron English waters bound TO tho
Mediterranean. There is but lttlc Specification in this
STEP since may have been contemplated long ago
connection with ordinary army movements, or may be
NJ most prudential.
II can scarcely oven be the latter, for England
would hardly play game OF brag with poor
hand few hundred mon aud battery
Of artillery. expect settle Eastern question
rs cheapiy thought 10 settle Southern
one, when the Seventh regiment sent 10 do
tho job What is significant. however, is that consols
arc nrm and that tho sold Lady OF Threadncedle
street, is sufficiently alarmed her ratio Of In
terest above the prevailing OF per cent So FAR
the has been ofdiplomatic protocols
and. under belief that 'the pen is migher than
The sword" it may remain
Tho lull in European markets was reflected in our
own, and the tornado OF excitement which ragged
hercey yesterday has completely blown over leaving
scarcely rack behind
Tho volume Of to-day's business fails TO reach that
Of yesterday by nearly 100 900 shares circumstance
which not only gauges tho diminished interest," but
proves how extensively outstanding contracts were
closed up.
II is by means to bo assumed, however, that tho
strong undertone of the market and tho general bush
feeling existing have departed with its activity for
such is not the Thcrc have been extensive
alzations in the coal stocks and Lake Shore which
hayn latf than o1ta md md
on occasions they have up ''grogey' in answer
TO the call Of "time !" like member OF the r. r. but
their friends believe in them still and have notion
OF throwing up the sponge, though the consoda
ton story looks 6shy, and the meeting Of railroad
agents at Detroit tomorrow is expected to develop
more cry than wool.
Lake Shore closed barely steady at SO having been
ns high Co.'S aud low 59. Twenty third
brokers are credited with having sold 1t down, but it
would not bc safe 10 bet that Twcnty-third
street gave tho orders Delaware and Lacka-
wanna mcrcurial tho Frcnchmans
aea and with the taste for blood, as bitten
bulls and bears OF the last ten days will testify. Tho
bank party, who made to the credit Of the
last upward whirl-much to the disgust Of tho late
bull party turned bearare supposed TO have unloaded
the most Of their stock, in which case all hands
viii probably take sesta, far the specially Is
concerned, for time TO come. Probably tho
strongest stocks in the days speculatons were the
Northwestern, preferred common, each kind adj
sancing two points, and closing with fractional
ccsson. Sidewalk spectators in curbstono confidence
ore whispering points TO buy, and will 90 you halves
II you will. The great Panjandrum Gould. having,
like the brave Lochinvar s'coms out Of tho West"
~ said DO tho bottom OF scheme which looks
. grand through line to tho Pacific Ocean over tho
Northwestern and Pacific road, always provided
he control the capital Of tho former corporation.
Whatever the ultimate result may be- u Ia, priRsd dce
that tho real object is to make market tor tho
Union Pacific milestone. which just now Is more pro-
auclive OF pondcrosity than OF quiet.
With few exceptions better figures were made at
closing the day before. and though The market
had lost It's clan there remained tho strong under
tone OF q further advance.
SALES TO-DAY.
Tho transactions ut the stock Exchange to-day ag-
sresated us 135 sharcs.-New York Central and Hud-
son River, 1855; Erie, 5000; Lake Shore, 57.ll5;
Cleveland and Pittsburg, 226; Northwestern. $500;
Northwestern preferred, s4O0; Roc& Island 2.750;
Pacific Mail, 1900; ST. Paul. 5,40O; St Paul preferred
$3.50; ohos, 2,015; Western Union, 16. OPS; Wabash
500; Delaware Lackawanna and Western, 81, 500: Now
Jersey Central. IL, 700
OPENING, HIGHEST LOWEST PRICES.
.'he following table shows the opening, highest and
lowest prices OF tho day.