The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-08-27
FINANCIAL AND COMMERCIAL.
a Steady and Comparatively Strong Market
Calm After the Financial Storm.
GOLD Ill A III 1-8 A III.
Government Bonds Trife Weaker-Railroad
Bonds Firmer at q Slight Advance-MOney
on Call at 1 1-2 q 2 1-2 Fer Cent.
WALL STREET,

SATURDAY,, August 26-6 I'm
Speculation which has been howiing over the anthra-
lite properties for the last two days, this morning
itters pas voliscvn aud leaves them, for the time
being, in peace For how long time this peace Is to
continue and whether the paths be trodden by the
companies tho Immediate future are to be ways OF
pessantncss, is matter Of grave doubt Opinions are
Inherent upon this point II Is thought by some that
he disruption OF the confederation more apparent
han real-that the instigators Of the move
mont, like J. b., If not 'tough may be ''de-vl!sh
n.y." and that the coming sales, by some 'mich'ng
naecho" may be made show bettor prices than are
It present looked for Others again prophesy open
war; with dash of rival interests and tho train Of
disasters which competition las has happened with the
raroads) is almost sure to produce So the market
has to-day, in q measure, halted between these two
opinions with the result of milder fluctuations and
comparatively restricted business
The great guns OF the market having been carefully
shotted at the close last evening lot of with
bang at the opening to-day. anu the savo being
Karded fen de joie for the bull side there
m active purchasing demand, which improved the
whole list.
There was further rise Of two points In Delaware
and Hudson and Delaware and Lackawanna, ana Of
pne point in New Jersey Central, the latter stock
hanging fire at about 40 as though 1t were enamored
Of these figures and cared nothing for the fact that it
Is neither "fat In treasury, 'fair' in its
poets
Western Union at nrst inclined to join the gen.
eral hiarty but the everpresent contraband APP
peared with his wet blankets, and there turn
temper and tumble in price which bore the quotation
down from TOY osss, although sharp rally estab
lshed per cent better figures at the close.
This stock continues as great mystery'as ever. Ut
tery neglected DAY, is spasmodlcaIy active the
rhap a
apparently having no friends when strong
enough to stand alone This morning
the large sales at rcccdng figures were
Rscribed to Gould, this afternoon the recovery
attributed 10 aid IRON the Pacific slope For man OF
money hero is u splendid investments in ''cholces. "
"Fditcs vos jeux, Xessieurs. |"
In Lake Shore and the Western stocks there was
fair amount OF business though nothing remarkable in
the way Of fluctuations A bearish feeling, born Of
"points, IS growing up against the Rock Island and
Michigan Central but to old stagers THIS sort Of incen
tive sell short Is not very sharp and left to pro-
duce its effects upon the thinner skinned novitate Of
the Board
Railroad bonds participated in the better feeling
existing in the share market, and in greater de-
mand, at higher figures particularly those that are
Identified with the coal interests
In the closing dealings stocks were all better most
Of the loss made at meridian having been reclaimed
and the market finishing with every sign of continued
Improvement Monday
SALES TO-DAY.
The transactions OF the Stock Exchange to-day aggre
gated 164 465 shares Erie 9,o50; Lake Shore 90 500
Northwestern, 300; do preferred 100; Rock Island,
1896; Pacific Mail, $500; St Paul, $500; do pre-
ierred, 1880; chos. 1900; Western Union. So $50;
Wabash 800; c., c. ana l. c., 100; Delaware, Lacka-
wanna and Western 49, 1885, New Jersey Central 16
Michigan Central, $500; Delaware and Hudson Canal
1870
OPENING, HIGHEST LOWEST PRICES.
The following table shows the opening, highest and