The New York herald., 1876-10-07
FINANCIAL AND COMMERCIAL.
StOcks Active and Generally Firm-Tlt In.
d,rtOne Strong and Encouraging.
GOLD 100 Ia A 100 Ia.
Money on Call and Per Cent-Govern-
ment Bonds Weak and Inactive
Railway Bonds Firmer.
WALL srRxKr, T,

FRIDAY, Oct Go r. n.
To all intsnts and purposes tho battle lost and
won yesterday yet the shury -burly" recommended
this morning with all its former accessories
of clarnor and excitement Bears who had been
beatcd and unable to save themselves before
gong sound quick make up for lost time, while
sluggish bulls who just waking up to tho sharp
advance, were eager TO get in, even at high
tide II was not to be expected that the specu-
lative bullets which had been flying SO tnckly
were 10 be without their billcts In less
degree the pure prosaic ones OF iron and lead
and fell the lot OF Mr. Il. A. Patterson to sufIor
tho target Mr.. Patterson, ono OF the most active
OF spectators, has been credited with having
made pot OF money in the decline OF the
coal stocks, and his suspension created some
what of surprise, well as sympathy
among those who had not drawn him in the pool The
immediate effect OF the failure was 70 cause consdera
BILE lots Of various stocks to be bought IN under the
rule" which produced uneasy feeling and waver-
ing Of prices, particularly the anthracite shares.
Subsequently things looked brighter and prices raj
lcd but the steady pace forward Of yesterdays mar
kct the greater part and tho session was
characterized by rregularity and fcvershness. II was
quito evident that the bull clique endsavorng 10
make hay while the shone, which vas easy
that the short interest has becn so greatly
reduced, little assistance is offering from out
side the Board room Stl, by skilful stimulation OF
prices they wero enabled place considerable lots OF
stocks though tho market had to be pulled together
again after each effort like horse in waiting race
The result was to create ragged market, with prices
tending TO weakness and lower figures generally for
nna dealings
Tho largest transactions as was to be expected were
connected with the coal ances, Lake Shore and Mchi-
gan Central and with them the greatest fluctuations
Also The jubilee OF the carly hours in these stocks
lost good deal Of its hlarity before the close, ana
With it from to 2 per cent Of the advance.
The coal stocks still in demand for borrowing
purposes at from 1s to u per cent PREMIUM and de-
faultcrs deliveries were, usual brought up with
round turn ssunder the rule Some years back orders
to buy IN or sell stocks accompanied by quar-.
ter per cent commission which accrued to the officer Of
the Board performing the duty, and members were
slow to avail themselves OF privilege which was
taxed so heavily. The repeal Of the rule has lcd
many abuses OF which is the fashion OF spccu-
lallng in stock by loaniug cash shares which
tho lender has hand. but only expects to have,
or which he hopes to rc-borrow at a lower premium
later in tho day,
The daily to THO u R. is prolific OF bad feel
ing and confusion. and as great nuisance as thtA
other alphabetical atrocy known as the P. Il
Tho sales to-day aggregated 20S, 900 shares, which
were composed principally OF Delaware and Lacka-
wanna, Jersey Central, Lake Shore and Michigan Con-
trail Business was likewise fairly distributed among
other securities
OPENING. HIGHEST AND LOWEST PRICES
The following table shows the opening highest and