The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-15
The Stock Market Firmer, Higher
and More Active.
GOLD 112 SO A 112 ga.
Money on Call Loans . ~ - Per Cent-Ror.
eign Exchange Quiet Government Rail-
way Bonds Strong and Invest
mcnt Shares Steady.
WALL STREET,
v.x.n1l n


WEDSEsDAy. June H. 6P. NJ
Lake Shore ruled tho roas, to-day which is appro-
pirate enough in view OF the two per cent dividend
which report says the directors going TO cook up
for hungry stockholders
The belief that new pool has been formed was quite
prevalent 70 day block or 200 shares said 10
have becn transferred into the Commodores name. and
II asserted that prominent broker, just returned
from Europe had changed his allegiance from the god
dess OF the sacred IRE to the support Of the mundane
railroad
Whether tho Commodorc's thoughts are In the
position of Nohammed's CONN not is hobodys BUSH
moss, far their bearings earthward are likely
influence his financial and by sympathy
the actions OF others So the probability OF his having
engaged in considerable operation in his present
state OF health is which zach one must figure out
for himself 1t sufficient to record that with trans
actions Of 900 snares nearly half Of the
days total saes Lake Shore worked It's way up from
Alto SAX, and held this latter price at the close
1t species Of ieaven, too, which leavened the
whole Of the market, for the rise exhibited
through the entire list prices advancing from u to
per cent and generally finishing with the Improvement
sustained.
This noticeable the Western stocks
which attrScted more attention to-day than for
time past Nor was the good feeling confined to the
railway shares since Western Union and Pacific Mail
were equally good rcpute the latter particularly SO
in the afternoon when 1t took sharp rise to 251
companied by important purchases supposed TO be for
account Of Mr.. Russell Sage
The improved tone Of speculation was by means
confined the railroad and miscellaneous list but
also observable tho bond call in wider demand at
increased prices for the better class Of mortgages
feeling II springng up that the Kilkenny cat bust
prevailing among tho railroads is almost as
rcca as tragica and that it may end at any moment
most likely as as the directors Of the contcndng
companies have tho long lines Of short stock
which they have placed on the market. II would not
surprise people II 1t should turn out that the
whole s'wA'' was nothing but hugo stock gambling
scheme tho bear account rst preparatory TO bull
movement TO follow
There is certainly firm resistance to q furthor de-
cline which reerabe either the probability Of the
above theory beng correct to the growing impress
ron that the bedrock has at last been struck per-
haps 10 BOTH
Meantime money lie abundant at 2 2K per cent, and
stocks arc loaned tho same rate feature very
significant Of bull Market it is true unless othcr
listing reasons may account for it
rgE SALES TODAY
The transactions at the Stock Exchange to-day ag-
Eregatcd 107, 800 sharcs:New York Central and Hud
son River 460; Erie 100; Lake Shore 81 600; North
western 7O0 do preferred LOO; Rock Island 400;
Pacific Mail Is 7oo ST. Paul, 2 500; do preferred 4,7O0
Dhios, $3.50; Western Union, $4,000; Wabash, 1900;
o., C. and l. G., 200; Michigan Central, 1900; Della
ware. Lackawanna and Western, 200.
OPENING HIGHEST AND LOWEST PRICES.
Tho following table shows the opening highest and
tovest nrices OF the day -