The New York herald., 1877-10-03

FINANCIAL AND COMMERCIAL.
The Stock Market Active
and Strong.
GOLD 1O2 7-S A 1O3.
Money on Cali Easy at A
5 Per Cent.
ADVANCE IN THE COAL SHARES.
GOLD lO2 7-S A 1O3.
WALL STREET,

r. HI
The new bull movemsn, SO successfully started yes
terday kept under full headway this morning aud
resulted in moderate advance through the list More
especially Is this true OF Western railroads and the
coal stocks, former being persistently advanced
FOR reasons heretofore noted and the latter from the
eoverng OF shorts and fresh buying to keep pace
With the market News comes to-day that the miners
Of the Lenigh and wiikcsbarro Company and the
Lshigh region generally have returned to work Judg-
Ing from the strength OF the stocks the circumstance
Ia apparently looked upon as favorable one; tort
night back the apprehension OF such fact was
deemed highly unavorable, presaging gut OF The
product and lower prices Thus Is II vouchsafed 10
stock operators TO blow hot and cold as
the occasion demands There was fresh
outburst of speculation in the minor hncies
this morning in which the Ohio and Mississippi and
Wabash insccurties we're prominent II has suddenly
becu discovered that In spite OF their bankrupt con-
dition baus yet In the Gilead VI an i'm
proved business and the sellers OF day or two back
have been busy reversing their position and appearing
buyers Among these Mr.. Garrett OF tho Ballm ore
and Ohio Railroad the Exchange Court party and
some Of the bow window people were prominent as
purchasers Of the Ohio property thereby creating
very active TRADE and rise in price TO So. Wabash
also treated to advance OF about u per cent,
allowance being made for the assessment, but with
less business than fell the lot OF the neiRhborng
Cheap John. A slight check gwen to the buoy
ancy Of the market In the afternoon BY the discovery
that scrip, issued by the Atlantic Mutual
Marine Insurance Company, had been submitted 10 the
process Of 'ruismg" BY which $500 had been altered
10 $4,000 In instance and ST. 26o to sS7,sz0 in
another The original scrip 10 In the name OF Ar
William c. Gilman, and the larger amount is held by the
American Exchange Bank Close upon the heels OF
this came the rumor Of run upon the Dime Savings
Bauk but the story denied promptly and officially
before any harm was done Another opportunity is now
offered the Governing Committee ferret out the Of
tenders but these gentlemen, like the gendarmes in
the Brigands" have hitherto been always oo late''
In investigations OF this Sort IL is hopeless to expect
any greater ceery them in the present Instance
The Vanderbilt roads weres subject 10 slight fluctuations
which favored advance during the early hours, but
In end failed carry prices above those ruling at
the close yesterday The granger stocks were alto
gether veliest the list made the greatest ad-
vance and stuck It the closest ut the end. Final
dealings were made prices shade on for the entire
list left them enough TO evidence still bet
Tor Tor TO- morrow
OPENING PRICES.
Western Union, sOA Lake Shore, 64E; New York
Central, l02x; Rock Island tex div, lol Michigan
Central. 6sZ: Delaware, Lackawanna and Western.
ASK; Delaware and Hudson, 4oA Norris and Essex,
Tx; ST Paul, IS St Paul preferred, 20; Northwest
rrn, SO; Northwestern preferred, 64z; c., and II
O., sx; c.. C, c. and l., Al; Erie, Az; Ohos, IL;
Ohio preferred, Is; wabash, l5h; Hannibal and ST.
Joseph, IL; Hannibal and St Joseph preferred, IS;
Quicksilver 20Z; Quicksilver preferred, S5x; Illinois
Con,raI 71H; Pacific Mail. 22K; Union Pacific, 661s
ST LOUIS N, 5H; Chicago, Burlington and Quincy.
lolh; Atlantic and Pacific Telegraph 2oh; Chicago
and Axiom lb,d), s5H; Chicago and Alton preferred
tbid), lo4 Now Jersey Central, 16h Fort Wayne, s2.