The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-01-08
FINANCIAL AND COMMERCIAL.
A Strong Stock Market An Ad-
vance Along the Line.
GOLD FIRM AT 112 70.
Money on Call and 6 Per Cent-Activity
in Railway Bonds-GOvernments
Quiet and Strong.
WALL STREET, |
EprDav Ian IA y N


There is no class Of the community more cosmopoli
than stock brokers When Fortune is proptous her
gifts are eagerly spent the quest of fresh fields and
pastures newn. The sold country" as England Is
fondly called, naturally by inclination, invites
the excursionist and London town is the epitome
of the Empire. Stock brokers are thorough
in the way OF sightseeing, and conscientiously
visit every attraction from the Tower to the Zoo and
from Madame Tussaud to Cremorne Gardens AS q
rule they rather prefer Cremorne There is more OF
the flesh and blood and less Of the work, and
there are incidentals which strict Plymouth church
people might call naughty but which sheep nib
Bile at as nice. Besides, there are fireworks rockets
Catharne wheels and grand explosion at the end.
The stock market was like Cremorne to-day Bust
ness ushered in by moderate show Of stock pyro-
technics which increased in brancy the day grew
on, and finished up with display splendid than
the Board room has witnessed for many week past
Every stock the list 10 less greater degree scin
tated with the hot spark OF advancing market
There was an eagerness to buy that seized upon both
bulls and bears-the former actuated by thirst for
higher prices the latter by eagerness to abandon
paw sucking for the and scutle safe cover
There general rise all along the list, Lake Shore
and Western Union showing the most spirited advance
Western Union has stubbornly resisted fall for
some days past which TO give color to the opn
of which stock has been quietly picked up at lower
prices- Tho point to buy has been carefully dissent
mated to-day which would seem to bear out the
rectness of the above opinion, we'll to suggest
the idea that the clique might be willing to let in their
friends at present figures If they themselves had
to furnish them with the stock.
Panama betrayed transient activity, being bid up
nearly 10 per cent from yesterdays prices-viz from
l27H to 1885 On stock Offering the quotation fell Off to
1887, which was the best Did at the close The Gould
people very considerably short Of Panama 60
day options which will shortly mature and the 'hist-
ing' process to-day evidently nstigated by the
amiabe desire to make things pleasant for the option
sellers.
Pacific Mail INDUCED in a see-saw movement with
Panama. and receded in price the latter advanced,
but struggled up again at the close under the belief that
1t more frightened than hurt
Other stocks got better or worse the favortes
the market showed the lead and refer elsewhere
figures which mark the changes.
Erie exceptionally dull in spite OF the two mar
kets Of London and New YORK, which arc supposed to
influence it, and acted much like racehorse that has
seen its best days which though Bishoped at end
and Fingered at the other strenuousy refuses lift
either head tail under the pressure OF controlling
circumstances
SALES
The transactions the Stock Exchange to-day aggre
gated o. 900 shares which distributed among the
active stocks follows:-New York Central and Hud
son River, 21oO Erie, 2,7Oo Lake shore, "a, s0o
Cleveland and Pittsburg 500; Northwestern, 1900
Northwestern preferred 5OO Rock Island 500; Pacific
Mail, Il, 300; Milwaukee and ST. Paul, 1000; Mlwau-
kee ana st. Paul preferred, 7oO ohos 200; Western
Union Telegraph, % 500; Wabash, 800; Panama, 110O
Harlem 800; Michigan Central, 10, 100; Missouri Pa
Sinc, $500
ADVANCE AND DECLINE.
The following are the changes closing prices COM
pared with those Of yesterday
ADvASoK.-New York Central, IL; Michigan Central
u Delaware and Lackawanna, q Erie, "a Harlem, 2;
Lake Shore, y Northwestern common, q; North
western preferred, y Ohio and Mississippi, y Pacific
Mail, y Panama, u Rock Island u ST. Paul COM
mon, 81 Paul preferred, \ Wabash, Union Pa
CHIC, u Western Union, IL New Jersey Central, y /;
District of Columbia 8. IS bonds, u gold "a.
DECLINE. Erie, In London, Il.
OPENING, HIGHEST LOWEST PRICES.
The following table shows the opening highest anc
NJ tha