The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-28

FINANCIAL and COMMERCIAL.
The Stock Market Active and FeveriSh.
But Strong at the Close.
A General Advance In
Stocks.
GOLD 107 is A LOG rs A lO7.
Government Bonds Higher-Rairoads
Dull and Steaoy.
iOLD l07 is A LOG rs A lO7.
MONEY ON CALL EASY At 2l2 ~ PER CENT.
WALL STREET, !

FRIDAY, April 27-6P H.
The Board treated to thoroughly parti-colored
market to-day with the weak tints prevailing at the
opening and the strong laid boldly after mid
day. Although II Is u question whether these latter
colors will hold II Is certain that they stood good
deal OF the usual washing the hangs OF speculative
laundrymcn Tho carly business reflected the woaK.
ana uncertainty OF yesterdays final dealings and
developed tendency to stl lower figures, but before
much progress had been made turn Tor the better
took place, TO be again succeeded by relapse and
then nna squirt upward OF 10 per cent, although
tho highest prices not entirely sustained at the
close The old hands Of the Mills & Osborn party wcrc
detected at the bellows, and vigorous blast did
they blow for It penetrated behind the Fifth Avenue
bow window caused the FUR 10 NY brskly
from the backs OF the Twenty third street benrs who
have recently changed their lair hut not their prnc
pies. The satisfactory explanation OF the Bank OF
Commerce episode PROFESSIONALLY tended to produce
better feeling for, though but small matter Ia It.
self II created alarm lest greater one should
grow out II that tho $40 shares sold at
100 investment stocks held by different owners
and offered by different brokers, aud by chance
came together upon market In which there at
the moment no buyers present Nobody was hurt cx-
cept the holders whose stock sacrificed and hcre
Specification in the matter whatcvcr The
poor bears, however, for in for a malcdc-
their paws OF any Intentional fling at bank Credits
either general or particular To-day $50 shares changed
hands at los, with 1U1 bid for at tho cosc
Tho chief Improvement centred in Rock Island, the
coal stocks uncluding Morris and Essex and New
York Central 1t Is possible that some lttc additional
stiffness may have been given 10 the two proportion
first named by the closing Of contracts for the
OF Messrs L. N. Robinson Il Co., who SAID to be
largely short of them and whose failure
just before three O'clock The senior member ot tho
arm is widely known in tho street as formerly men,
Der OF the late house of Robinson Chase Co and
extensive speculator Tho upward turn OF the market
has certainly been violent enough TO upset arm
rcpucd TO be wealthy and tho impression is that the
failure s due 10 that slow but insidous process OF dts
Indignation known in the street as .chipping out"
Tho rise to-day was not claimed to have any better
prctcuce than tho fact that the whole army o, specu
lators having gone bndly short yesterday. have bad
their eyes opened to-day TO their folly by the manpu.
lating ocusts and with tho probability Of getting
bl!ndly long tomorrow.
THE SALES TODAY
Tho sales Of active stocks to-day aggregated 1885,
shares which were distributed as foows:--Ncw Yora
Central 25, 3l5; Eric, 9o0 Lake Shore, 4LS7o; North
western $500; 40. proiorred, 1900; Rock Island,
% $780, Fort Wayne COL; Milwaukee and ST. Paul. COO;
do preferred, 1l.5S3 Ptsburg, 800; Delaware, La =
awanra ma Western, A. 2o0 Now Jersey Central, $50.
Delaware and Hudson Canal, 4,2oo Morris and Essex
4644 Michigan Central TO- 1907 Illinois Central 1885,
Union Pacific 100; Hannibal and ST. Joseph, Soo DO
preferred 1907 Ohio aud MISSISSIPPI, 800; Panama $50;
Western Union, 600; Atlantic and facac Ifscgraphs
$40; Pacific Mail 1880
OPENING, HIGHEST AND LOWEST PIECES
The following table shows the opening, highest and
sho dac.