The New York herald., 1876-09-15
FINANCIAL And COMMERCIAL.
An Active and Higher Markell General
Advance Along the Line.
GOLD FlRMER AT ITO A ITO Is.
Money on Call LOaLs and 1-2 Per Cent
Government and Railway Bonds Steady
The Coal Stocks Working Up.
WALL STREET, I

THURSDAY Sept 40 r. n
The bulls have appeared battle array to-day. ter
tible as army with banners" and their march has
bccn victorious one with scarcely let hindrancc.
Even the anthracite stocks have been wheeled into
line with dash and elan that carried them to the
front Of slower moving railways New Jersey Gen.
trail the only laggard decidedly ragged in condi
tion as though It had deserted from Falstans rcgi-
ment AID in It's crippled condition was unable to Keep
stop with it's comrades. Ths strength shadowed in
yesterdays later dealings came out in full force
this morning and Increased with the hours,
rcrvading the market as whole, aud espe-
ciay affecting particular stocks Thus Delaware
lnd Hudson bounded up from CO.'S to ~ Morris and
Essex from 81 TO 90 whilo Delaware and Lackawanna.
not quito in It's advance but at the head OF
the column in point of transactions, reached from "a
10 70 under considerable excitement From tho coal
stocks the Juror spread to tho railway and miscea
ncous list being particularly observable in Lake Shore
in which tho old party were doing yeoman's service,
carrying the price to 54 the Close and establishing
quotation Ave points better than ruled ten
days ago In lesser degree the Western shares with
Michigan Central and Rock Island, showed higher
range Of figures, varying from u to per cent and
pretty generally keeping the Improvements at tho end
The bears usual helped the by frantic efforts
to cover and the customary scramble to escape the
penalty Of selling other peoples property was strongly
dc Hoped. Although the shorts put their best loot
foremost the market ran away from Them, and there
catching the longs, who seemed to be favored
with additional leg, like thor prototype in cigy.
That oil'd and curld Assyrian bull
While the above is true Of tho general market New
Jersey Central plunged into doleful Dumps, and,
In fact offered tho only harbor OF refuge for crippled
and Respondent bears in the whole market An cary
advance Of nearly one point brought the quota
lion to 2sss, when the whole aspect changed
and . precipilate slump ensued, which carried
The stock & equal 10 the lowest figure has yet
reached. There appears 10 be conHdenc ewhatever
In possible resuseitation Of the concern under the
present management and to this added to-day re-
vvsd reports OF q receiver il OF appeal to
the Bankruptcy Court The latest figure was 26-an
Improvement due to the closing OF sellers contracts
and N desire to harvest proHtA
The borrowing demand was not SO urgent to-day,
and premiums like those of the Centennial Exhibition
nothing to speak OF, the highest rates being u
per cent and taper,ng Off to fat before two O'CLOCK
Tho upward squirt in the market very decidedly d.
mnished the supply OF sellers options which, in the
matter of the coal shares have Dcen so rooy offered
for days back tho bears finding sufficient employ
In closing up old contracts. without troubling
themselves about ones
In railroad bonds there rather active market.
with generally better prices the notable exception
being In the issues OF the coal carriers, which were
weak and lower.
Business closed with every appearance OF q further
advance tomorrow. Tho question remaining to be
solved however, is TO whether the rise has any
thing permanent in its nnture-wheher it is founded
upon the stable basis of awakening prosperity,
whether 1t is SIMPLY whirl created for the dscom-
hture Of bears and limited TO the accumulation Of
paltry profits and b brief existence.
SALES TO-DAY.
Tho transactions ut the Stock Exchange to-day az.
gregated :2l 600 shares which were divided principally
between Lake Shore, Delaware and Lackawanna, Jer-
sey Central and Delaware and Hudson
OPENING, HIGHEST AND LowEsr pRIcEs
Tho following tahlc shows tho opening highest and