The New York herald., 1876-11-26
FINANCIAL and COMMERCIAL.
The Stock Market Strong-An Ad-
vance Along the Line.
cold WEAK At lOs IS A 1903 A lO9 Is.
Government Bonds Firm and Active-Railway
Bonds Higher Money on Call Loans
8 and Per Cent
WALL srRnEr.

SATURDAY, Nov 25-6P NJ
rhe European Eastern question seems to be mere
bagatele, regards difculty OF settlement In CON-
parison with Western one Both involve the
problem OF how get East under the most advania-
gsous conditions though object point OF Is Con-
stantinople and OF tho other the Atlantic seaboard
The motives. however, widely different, since the
foreign question deals with weapons Of death and the
homo question with the staff OF life. How get this
latter 10 tidewater under circumstances which will
recosnizo the aborer TO DO worthy OF his hire-or,
Ia other words, how to make railroad trans.
portasion pay q fair equivalent for work
done-,s the problem which Is agitating rail-
way managers and the stock market alike. Thcre
have been many promises and SO little perform
Ance railroad have often cried
''peace peace, there IL peace" that the
newed that effect started last night and
asserted this morning have with the amount
OF belief that they really merit Although there
proclamation yet to the definite terms OF the
treaty the best information VIC gather is TO the
effect that arrangement has been come to which
will at least put stop to the ruinous policy
listing and enable the great trunk lines TO do living
business Tho solution Of the difficulty accepted
by the street, and probably correct to its main fca
lures, partakes OF compromise, by which the rail-
roads agree to carry competing freight intended for
shipment to tcewater fixed and equal rates. whilo
tion, is to be subject to q dlscrminstve tariff
There believing bulls and scofing bears whom
tho above story told, but the whole there
believers than sceptics and the market felt the
benefit OF their faith by improving in the early hours
from to Ia per cent, though the amount of busi-
ness showed no gain upon that Of yesterday, and
failed 10 reach the amount OF 100. 600 shares.
Lake Shore and Michigan Central most promi-
nent in the RISE both advancing about pont the
latter being helped by the report that frcights had
already been marked up the line, and by the fact
that tho earnings for the week showed decrease OF
$1,000, instead OF much larger expected.
Tho granger stocks exhibited but little sympathy with
the movement and beyond credtable nrmness
without feature.
The ovcrsold condition OF the coal stocks impaired
TO them an unhealthy activity and strength though
reports that the New Jersey road had prepared itself
for its future payments helped matters somewhat
The principal business In the Delaware and Lacka-
wanna fancy conducted the borrowing
from Peter to pay faul principle, and consist
cd In tho purchases OF cash stock against sellers
options, which placed at differences OF 2K
aud per cent on sixty day contracts
Pacific Mail remained dead cock In the-pit, matter
Of little consequence for there has been tight in IL
for time back, and its hackers have abandoned
II TO speculative death.
There nothing to brsg Of either In Western
Union IN the way Of activity or fluctuations though
Its friends are loudly chanting its praises the
promise of dividend and quarterly report which
has been equaled In its history for excellent
showing
The market closed dull but mostly firm, and with
figures nearly up TO the bcst Of tho day.
SALES TODAY
The transactions at tho Stock Exonangc to-day
aggregated 81, ,635 shares:-Ncw York Central and
Hudson $50: Erie 1000: Lake Shore 81 $50: Cleve-
land and Pittsburg, 100; Northwestern, 600 do pre-
ferred, 4oo Rock Island AGO; Pacific Mall, 800;
81 Paul, 1926 do. preferred, 5000; Ohos, 1900;
Western Union, 200; Wabash, 500; Union Pacific.
4Oo Delaware, Lackawanua and Western, 1890; New
Jersey Central 6s45; Michigan Central II, 22o Hanni
bal and St. Joseph 9Oo do preferred, 400; Quick
silver, 1,s00; do preferred, 400.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest and