The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
FINANCIAL and COMMERCIAL.
The Stock Market Active
and Stronger.
GOLD 1O7 ga A 1O7 1-8.
Government Stocks Firm-Rail-
road Bonds Irregular.
MONEY On CALL EASY At A 8 PER CENT.
WALL STREET,

WALL STREET, I
TUESDAY. April 24-6 r. N.
II the European news to-day received be true
tis threatening, tho trito quotation which procaims
he pen to be mghtier than the sword is again proved
be as false II Is familiar After peIting each
nhcr with the paper pellets OF protocols and ulti-
natums. Russia and Turkey are going to settle the
natter by hard knocks. The discussion of the ques-
hon. particularly in It's bearings upon the trade and
Of this country came up airesh to-day, and
The almost unanimous opinion that u great benefit
would grow out OF II was reflected in the life and i'm
provcment the various markets The extent OF this
benefit, however, depends upon the extent Of the
Should tho contest be confined to a duel between
the Powers at present embroiied and force
enough DO cxcrted 10 close the ports OF
zach to foreign commerce, the direct effect
would be Injurious to this country, inasmuch as our
exports considerably exceed IMPORTS but this loss
would DO many times made up, indirectly, by the
closing Of the great granares OF the Black Sea and the
opening to of markets usually supplied from that
purce An extension OF the contest to embrace
England and the States OF Continental Europe would
% simply to aggravate these conditions Producers
urned into consumers and tho unavoidable wear and
car consequent upon u state OF would necessate
extrnneous aid which no country is so we'll qualified
70 extend a own. II Is not proposed 10 do this
however, on the good Samaritan system, but to put
money In our purse which 1t badly enough needs and
which will be content put, though tho
hade OF the Iamcnted Watts should up
N indignant and expostulatory short metre.
Whether leading operators thought that bond fdc
outbreak OF real significance regarded an improve
ncnt Of prices whether 1t used a mere pre-
,cncc while the fact lay oversold market, II is
certain that the bull movement suddenly started
yesterday pushed with continued energy to-day.
Stocks which had been most preciptate In the fall
the prominent in penenting by the risc and
from them general strength impaired to the rest
Of the list The coal stocks particularly favored,
Morris and Essex selling up to 6S2l, Delaware and
Lackawanna to 40, and Delaware and Hudson to 45H.
Al the close prices fell of u TO per cent, the shorts
being pretty well covered and the bulls hestatng
press matters finding shares como easily. A day
two will develop whether the public win be touched
by The war fever, IN which higher prices may be
looked Tor, or II no--not
THE TODAY
The sales Of active stocks to-day aggregated 199300
shares, which we're distributed fol ows:-New York
Central 800; Erie, 400 Lake Shore, 25650 North
WESTERN 9O0 do preferred, 1900; Rock Island 200;
Fort Wayne 562; Milwaukee and ST. Paul, 30U do.
preferred, 1900; Pttsburg, 1872 Delaware Lackawanna
md Western 43 o5O New Jersey Central 800; Del
and Hudson Canal TO- 751 Morris and Essex.
1896; Michigan Central l5G0O Illinois Central, 800;
Union Pacific 1,O51; c., 3. and Quincy, 500; Hannibal
and St. Joseph, 200; do preferred 100; Ohio and Mis-
sss,pp, $50; Panama. 100; Western Union, 2s, 900;
Pacific Mail, 1850; Quicksilver, 100
OPENING, HIGHEST
The following table shows the opening highest and