The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-16
The Stock Market Irregular in Some Of the
Fansiss-A Sharp Rally.
GOLD STRONGER At 1ls is A lls ~ A 1914.
Government Bonds Active Railway Bonds in
Fair Request Securities
Easier-Money on Call 1-2
Per Cent--Foreign Ex-
change Steady. .
WALL SrRKEr.
SArrRnAY. Anril liz z. n


whether the greeting guns which welcomed Dom
Pedro to our shores brought the surface the stark
swollen sodden body speculation las cannonads 70
said 10 effect drowned corpsesl whether was he
work OF bulls experts who viewed the
body were unable to decide Crowncrs quest law AZ
interpreted by Stock Exchange jury, decided
like Judge Barrett the Black Friday suit
that there was nothing TO sit on, and that
90 far from being dead there hopes for the mor
bund after all SO speculative doctors took hold Of
the nanmatc stock market, rolled It upon manpula-
tive barrels blew its lungs the short breath OF an
ovcrsold list and in a sort OF way bolstercd IL up and
yet II upon its legs again on the road higher pricea
hero was no appearance Of life however, until acr
meridian; previous that 1t seemed II there were
nothing left the expiring market but extreme unc-
ton and the undertaken. Later nm Improvement
set in there increase In vital force and
1t the end Of tho day tho patient which had
been considered In hopeless condition was
able sit up contemplate It's situation at least
well as could be expected Activity, as has been
the daily for weeks back, was confined 10 Lake
shore, Eric, Western Union and Pacific Mail Lake
Shore from S0x dropped to So: Erie from 10 to Is;
Western Union from 90 to o5JS, while Pacific Mail.
which Is odd in its movements was MI. Dick In
"David Coppcrncld," kept steadily Flooding upward
from IS until IL reached 2O. When the prices OF tho
above stocks had reached their lowest there occurred
sudden for the better. Taking advantage OF the
great short which the depression Of the last few
days had created the Gould 4 Osborn party, partly
assisted by Twcntythrd street. went In for an upward
whir which successful enough 10 scare impecuni-
GUS sncrts out of their and to advance
the market nearly up to the best prices OF the day
Indeed in tho case Western Uaion and Pacific Mail
nearly point better shown at the close than at
the commencement but these exceptional results,
and probably as unexpected 10 the bear
party which has engineered the upward twist,
Is they were to bond fde holders OF long
stock themselves Still II is agreeable thing to-
have both contestants to battle pleased with the 70
suit-a vantage ground for bears to issue short
contracts from anda ''atterng unction' which hope
full bulls can lay 10 their souls Easter sunday
There Ia positively no change In the situation which
can encourage bull market Stock brokers are cum
ning OF fence and change from assault TO defence
rapidly.
There was nothing from London, under the prevail
Ing holiday there. TO attract attention, except the
street price or Erie, and thcre werc no reports at
homo to influence our transactions; hence specu
lation entirely the creation OF brokers market
and bids fair to BIO short a. II was sharp
The shorts emboidened by tho continuous
decline in shares, have been thrown of their
guard and invited attack Thcy have received
aungc in carte when they expected to deliver It in
ticrcc, and tho button has left chalk mark on their
padded buckskin. Meantime the public appear a
sgailcry' solely and while they applaud the agility
and skill Of contestants not button for. nor
bet upon, the result
Money continues in largo supply at per cent and
stocks loan at about the same rate Western Union
was In considerable demand for borrowing purposes,
andxin the afternoon taken FREQ Of interest BY
th>tprts, who having covered their purchases in the
CIRCULAR way" wero called upon for cash deliveries.
IN THE SALES TO-DAY.
The transactions in the Stock Exchange to-day
aggregate 900 shares which distributed fol-
lows asa
New York Central and Hudson, l,34o; Erie, 81, 600;
Lake shore, $4,000; Cleveland and Pittsburg 400;
Northwestern, 5000; do preferred, 1900; Rock
Island 1900; Pacific Mall 81, ESQ., 81 Paul. $500; do
preferred 2600 Ohios, 200; Western Union $3.50;
Wabash, 500; Union Pacific, $50; G., c. and c. 200;
Michigan Central 10, 2oo New Jersey Central. LOIS;
Harlem, ], 100. 's sstv Ks sts Fs4
OPENING, HIGHEST AyD LOWEST PRIcEs..
Tho following table shows tho opening, highest and
,~~;~,s nff Aa ia