The New York herald., 1876-09-08
FINANCIAL And COMMERCIAL.
The Market Strong-A Return Of
Confidence on Change.
GOLD 100 la A ITO.
Government Bonds Steady ON Small Dealings
Railroad Bonds Generally Higher-Money
on Call Easy at 1-2 Per Cent.
WALL STREET,


Nepdacty mongers took holiday to-day. which
yesterdays labors fully entitled thcm TO, conse-
quenty the market was allowed to rise and fall It's
merits as the tide Of speculation lent 1t impulse To
those who gave credit enough to their lies to act
upon the short side the result Of the days business has
been simply 'rcturn plague the inventor" for no
opportunity has been offered to and no outward
and visible sign of promising nature was apparent
At the close As remarked on previous occasions tho
OF cheerful feeling outside the street Is be-
ginning TO let In little daylight upon the floor Of the
Stock Exchange and to bring with It the impression
shat be the change transitory lasting just now the
bull side is In the ascendant The stumbling block
formed by coal fAnces has been also pretty we'll
kicked out Of the way and NO longer threatens the
feet Of haltng specuators who have been timorousy
sxclaiming:-
Fain would climb. yet fear to fall.
There was. apparently no fear Of a tumble to day,
for, with the exception OF a brief interval when the
weakest hesitated and Weakened tho course was on
ward and upward to the end.
The good feeling apparent last evening was further
developed at the opening this morning in the Western
stocks, Michigan Central and Lake Shore, each of
which attracted its crowd of devotees and gained
HANGED values from their homage There is to
believe that the old Morgan Mills party is on the
warpath in Lake Shore and Michigan Central, in
duccd thereto partly by the signs OF tho times and
partly by the story that leading banker VINO had
thrown his holdings Of the Inter security had
been quietly rcbuying the at present prices
Whether the tale be Of reality matters
not in view of tho that Lake Shore advanced from
SIX to SIX, and Michigan Central from S81I TO AK.
both stocks closing these figures At time the
coal stocks, which have become almost as much Of
public barrator the Count Joanncs, threatened
the peace Of the market with OF their character
sic cps but did little damage to other securities than
themselves Delaware and Hudson proved the greatest
oHender dropping from S0H to 751s regular and 72A
seller CO. the latter style Of contracts being still the
fashion with the bears consd raton Of the sparsy
OF cash stocks for purposes Of delivery 1t was quite
natural that the rest Of the anthracite family should
ympathizo with their afflicted side partner ana they
did considerable degree, New Jersey Central
trograding from 20 26a, and Delaware and Lacka-
wanna from S2H to 80 There rally In the Gen.
trail property OF 1h per cent at the close, but she
other fancy failed to share In the benefit
large business In Western Union. with per cent
advance was due in to tho declaration Of q
* per cent quarterly DIVIDEND division OF profits
which, ceterts pdribus, makes poles and wires moro
valuable than Central aud Hudson
In the afternoon tho weak feeling was completely
eliminated from the railway list and general advance
took place which landed prices the best figures Of
the day.
SALES TODAY
The transactions at the Stock Exchange aggregated
1S2 600 shares:-New York Central and Hudson, 975;
Erie, 1,7OO; Lake Shore, $1,000; Northwestern, 500;
Northwestern preferred, 1885, Rock Island. 1850;
Pacific Mail, 1,7lo St Paul, $500; st. Paul preferred
5,4OO; Ohios 1907 Western Union, 29 300; G., C. and
c. 200; Delaware Lackawanna and Western, ,.35. 800;
New Jersey Central. 1saOO Michigan Central 81 go;
Delaware and Hudson Canal 4.305
oPRxING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest and