The New York herald., 1876-10-25
FINANCIAL And COMMERCIAL.
,he Stock Market BuOyant-Westcrn Railway
Securities Generally Firm.
GOLD 100 3-4 A 100 rs.
Government Bonds q Shade Higher-Railway
Bonds Str0ng-Money on Call 8,
and 2 Per Cent.
wAiI. SrRRsr.


There 10 eIirir rita which keeps the strength Of
shc market up, war, aud It's influence has
been e, to-day, despite the absence of smua.ive
kilograms from Tho other side. In fact, those
rather the other way Tor they foreshadow trouble TO
che strong boxes of Russia and Austria, and predict
monetary crisis tho financial bourses whero Teuon
anl Cossack 'must do congregatc." Neither the
grows OF tho Russian bear nor tho screams OF
tho Austrian eagle sufficient, however, TO
friGhen tho market from its progressive course
to higher figures, sustained II is by
courage that grows out OF the favorable
condition OF our own surroundings First and foremost
the feeling OF operators undergoing radical change
Tho future which has for long been regarded
by them 'sthrough glass darky," is conceded to
DO upon the The increased business OF tho rail-
roads Is an indspu,able TACT and becomes more GER
tain each day brings nearer the close OF akc and
canal navigation while the cutting business
gafdcd already having had the beginning OF its end.
Tho terms and conditions OF now and what this latter
Is 10 be is said to be let TO the decision OF the Central
and Hudson road ar1ifer rerum, and We may rest
that In such safe hands this trust Will suffer
from any unjust or unequal discrimination
Moro from these circumstances than from any look
Ing scaward TO the possible benefits OF European war
have prices stocks to-day while tho basis
OF Improvement is healthier one Lake Shore, which
has almost engrossed the attention OF operators. was
moved up from 60s 10 o. under the general reasons
above stated added the special that the company
certain 10 pay per cent dividend In February
But February is some way on and dividends at that dis
tnnce sometimes less material than tho spiritual
appearances of modern mediums, and frequently take
wings to themselves canards are wont 10 do; 80 II
Is hardly worth while TO count the unmatched duck
Iings now. Still there plenty OF believers OF the
class given put aith in the yarns OF COCK and
bull order either, and to their efforts as free pur-
rhasers, and under tho tutelage OF the old Osborn
Mills party, the effected II Lake Shore were
Tho Frnnkepsten OF the market Michigan Central was
It's shadow and followed It's good fortune gambler
viii OF luck. From As to 52h, with tho Inter
price the closing quotation, tho progress OF tho
aay-a which rather surprised friends and enemies
Alike
In sympathy there marked rally In the
granger stocks from the lower figures OF yesterday,
though tho ST. Paul contingent is inclined TO lag be-
hind. under tho belief that the showing of earnings
win be bad and that the directors are short Of tho
stock.
The business in tho coal shares was only TO mod
degree, the railroads pnr et simple are rather
giving them the cold shoulder being outside Of the
Influence which benefits the grain carriers, and from
their mixed composition "neither flesh, fowl nor good
red herring"
or tho miscellaneous shares Western Union still con.
NnuCd with 'ExCesl0r' as lts mOttO, TenCnluy 40 IN
lnal sales and remaining mysterious as ever.
stocks not lent easily, and money has nts
Snd starts OF rmness, lending at time high
per cent but closing at bid. In this there is somo
evidence that feeling OF the street Is changing to
tho bull side, which, II perscvered In, mny at least
attract tho attention of the coy aud reluctant put c
sAIEs TO-DAY.
Tho transactions aggregated 10000 shares, which
we're distributed as iolows:-Ncw York Central and
Hudson River, $50; Erie, $500; Lake Shore, 81 $40;
Northwestern. $50; Northwestern preferred, 5000
RocA Island 400; Pacific Mail, TO- $50; 81 Paul, 4,65o
st. Paul preferred 2oo ohos, 800; Western Union,
1885, Wabash, :, 050; Union Pacific 0, 100; Delaware
Lackawanna and Western, 200; New Jersey Central
7700; Michigan Central 1880; Delaware and Hudson
Canal so0 Hannibal and ST. Joseph, 1000; Hannibal
and ST. Joseph preferred, HOO r
HIGHEST AND LOWEST PRICES.
The following were tho highest and lowest prices Of
-Le t<h