The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-01
The Stock Market Active
and Higher.
GOLD LOG 81 A l06 SIS A l06 rs.
Government Bonds Lower and Railroads
Active and Higher
Money on Call Easy at 2 a
9 1-2 Per Cent.
WALL STREET,

MONDAY, April dU-o r. NJ. J
After days business OF more Than average magni-
tude than average excitement, prices which
had been steamed up, instances three four
points. closed up generally with fractional advance
on opening rates The show window" bears, by pro-
cept and example lbut principally by prccept, have
been exhibiting their change oil heart by rampagng MS
the OF bulls Converted TO the long side of tho
they become the strongest propagandists
OF n bull movement With praseworthy abncgation
and characteristic willingness put their struggling
brethren OF the board into "good thing they have
generously taken them their confidence and freely
distributed - points to Guy. No adolescent mis-
sionary, ruraist bred and consigned TO the Foo-foo
Islands, could have better equipped with infor
nation and hope. 1t is safer 10 back repenlant sim
ncr than to go your pie on plodding believer
II there any backsidng to be feared back the con-
vert against the event The board inclined to do
so to-day particularly in tho matter OF Western Union,
when IL was given out that the .'bow window" party
large buyers OF tho stock-thc more 50 that 10
was intmaed that Jay Goula had met with bis uatrc
Bras II not Waterloo in that he had found difficulty in
delivering his stock AT least the story obtained belief
enough brisk buying. which sent the price up
from 62A TO 64T Later on, however, the manfcstoes
or tho show window" brethren received with in
crcduous cars grains OF salt insufficient 10 pro-
woke appetite and figures fell to nearly opening
transactions of the day were centred in Western
Union large business done in Rock
Island Lake Shore and Delaware and Lackawanna,
each OF which closed ractionaily higher than had
commenced There Is some buying, IN small way, OF
the stocks for investment under tho belief that
these properties will be benefited in case OF Euro
pean war IL is stated that the bitumnous companies
arc already obtaining better prices for their product
for this or some other The most prominent
to-day removes its Offices Baltimore, where the
control OF the stock is held. 1t retains agency
In this city however, Messrs. Roussci Hicks,
severay tho former sales agent and treasurer
fwho have long been identified with tpe company,
being appointed to conduct the same. Toward tho
close the tone OF speculation expressed In more
dulcet tones bare of the morning substding into
lower key. Tho crescendo movement showed signs OF
being played out, and the dlmnuendo showed equal
signs OF coming next the score. In fact. there has
been moro less OF opera bouGe in the whole matter
or the RISE inasmuch the entire business has been
m artificial and radipg one, in which the
have been professionals and tho public simply spccta
tors
TIE sALKs TO-DAY
The sales OF active stocks today follows
New York Central Is, 500; Erie, 100 Lake Shore
30 $40: Northwestern, $50; do. preferred 1000;
Rock Island 25. 1850; Fort Wayne 35s; milwaukee aud
ST. Paul, 1900; do. preferred, $500; Pitts-
burg, 10o Delaware, Lackawanna and Western,
sos; New Jersey Central, 800; Delaware
and Hudson Canal, 3,s7o; Morris aud Essex. $3.50;
Michigan Central 1900, Illinois Central, 1,2io; Union
Pacic 1888; Ohio and Mississippi $50; Panama, 200;
western Union, "a, 1872 Atlantic and Pacific Telegraph
LOCO; Pacific Mail, 1900 Quicksilver. 400.
HIGHEST LOWEST.
The following were the highest and lowest prices Of