The New York herald., 1876-10-10
lhe Stcck Market Firm and Aetive-Prices
Encouraging Spectators TAX
Ing Fresh Hold.
GOLD 100 A 1OS 7-8 A 100.
None on Call 3 and 21-2 Per Cent-Govern-
ment Bonds Weak--Railway Bonds
Steady-Foreign Exchange Quiet.
WALL STREET, l
n.t q n - N

MONDAY, OCT v-o r. n
Tho slcuth hounds that have been on the track OF
tho market fer the past week picked out Lake shore
ss the game of the day and followed the hoi-lying
scent almost without check TO the end.
The coal stocks having bceL run to ground with
short interest bold enough to act as earth
shoppers, the hunt in that direction and the
view "haloo' transferred 10 the new cover.
Consequently tho whole mob of financial sportsmen
entered pell-me into the new speculation. and far
tnerc puli-up the part Of the bulls, and
no disastrous croppers" the part OF tho bears in the
exciting rise. Some advantage was taken OF the
strength OF the carly dealings to realize the
pront nccrued Lake Shore rom Saturdays advance;
but the price, which had weakened per cent or so,
was turned IN upward direction and the point
OF SO attained and held at the end.
Renewed rumors OF higher rates TOR freight the
trunk roads and OF decision by the Supreme Court OF
Washington favorable to tho granger stock used
s,imulans. more to the advantage Of the Wander
blt property than that OF the Western shares them
selves
1t aerward turned out that the Washington
was merely good sized canard and II not bird OF
I'll omen, at least better than coot for practical
purposes; ST. Paul. which had gone up, went down,
stopping about halt way between lowest and highest
quotations.
The coal fanccs wero as lively as a grig or a pea
under thimble there occurring range of points
In Delaware and Lackawanna and of three in New Jcr
sey Central operators forced into the chance Of
hitting them the wing and the sudden fluctuations
returned bags for either long short accounts
There has Undoubtedly been considerable purchases
made OF the Central by parties who argue that
the danger of OF bankruptcy beng for the
time removed there fair prospect of restoration
to something like former prosperity. They have
bought their tickets the lottery and must wait for
The drawing.
There was an advance of one point in both Pacific
Mail and Western Union, rise duo to the flood tide
which is floating along the Of tho market, and
not apparently traceabe any exceptional buoyancy
OF their own, though tho telegraph concern is brag
ging earnings which probably and should be
Increased during the political canvass going
Money has rclapscd TO two per cent on call, and is
only trickng into the bond list, instead OF flowing. as
1t did little time back consequently State and ra
mortgages moderately sought ior and the
"sweet idenessn Of the share market has been
ferrcd 10 the dormitory OF the bond room.
There were 200, 900 shares bought and sold TO-
day, but nobody lost or won except tho gamblers on
the floor; there shibboleth to mark tho infu-
ence OF an incoming public and no orders TO delight
brokers from others than the pools.
THE SALES TO-DAY
The transactions at the Stock Exchange to-day ag-
grcgatcd 223 600 New York Central Hud-
son. 2,265; Eric, $780, Lake Shore, sc, las; Clcvc-
and and pittsburg, 270; Northwestern, 5oO do, pre-
fcrred 21o0 Rock Island 3,a70; Pacific MAIL 4,5oo;
ST. Paul, 1900; do, preferred 1000; ohios, $500;
Western Union, 24,920; Wabash, 35oo Union Pacific
400; Delaware, Lackawanna and Western As 450; New
Jersey Central IA 720; Michigan Central, 1900; Della
ware and Hudson Canal Company, l,325
OPENING, HIGHEST LOWEST PRICES.
The following table shows the opening, highest and