The New York herald., 1877-07-07
The Stock Market Strong
and Active.
GOLD STEADY AT los IL
Government Stocks Stronger-Rairoad
and State Bonds Irregular.
MONEY ON CALL EASY AT 2 PER CENT.
WALL SrxsEr,

FRIDAY, July 6-6P. M.)
From the halt IN prices ut the opening this morn
ing, appeared though the Market by its vigorous
spurt at the finish yesterday had overreached itself
and was going 10 turn up pumped" II such an I'M
preston obtained It was proved to be an
erroneous by tho fresh strength which sue
ceeded. 1t was quickly evident that Lake Shore
be the .brght particular star" OF tho day. and all
hands Hocked in to take observation and secure
share OF tho glitter Early buyers at 40 were the
lucky ones while tardy operators at 50H found
thoir cost that TO be bctter late than nover," ID
sometimes more plausible an aphorsm than valu
abc fact Nevertheless, betwecn the quick wItted
who gained and tho sluggards who not visit
ing terms with their ant and therefore lost, there
enough buying to run transactions up
to tho unusual amount Of 02,oo0 shares.
And all this purchasing was based upon the widely CIR
culated but dead secretly whispered point that pool
had been formed to buy $4,000 shares aud carry ths
price up to co. We could "name Names" as they
threaten to do sometimes In the House OF Commons
bat after all ''whats In a name9" particularly whom
1t smells OF the Ill odor OF stock speculatonf
Whatever may be the ultimate intentions Of tho pool
as regards higher figures, they showed considers
bio amount OF inclination after meridian to lean tow
ard the plaintiff in tho case Of nimble sixpepco Va
slow shilling by unloading what stock thoy could al
prices which caused decline TO 491 and leaving TO
Ouerou
pacty 81. Paul preferred next IN notice,
made to do duty as an atder and abettor 10 the
Vanderbilt speculation. Over $4,000 shares were
dealt in at prices which advanced from 53k TO SAX
and receded finally to 53ss. In making the tour
tho market the and playful bulls were tempted to
have shy at this stock and they have never since
been abo to shake It Off their horns. In fact sticks
ike wax and is as heavy lead, as It may we'll be-
considering the dimshed and the small hopcs
the crops along its line being good enough 70 set IL
upon its legs for another year transactions In
Western Union important amounting to IS, 900
shares fluctuations however, were less so, being con-
fined within tho figures Of 5Sh and 59H, with 70.
turn to the first quotation at the close AS the inter-
est Of tho day mostly centered In the stocks We
have noticed, the rest of the list was comparatively
neglected even the coal being sheived until
something now be devised torture them into fresh
activity.
THE sALRs TO-DAY.
The sales Of aotivc stocks at the Board todny ag.
gregatcd 20l 1856 shares which distributed fol-
lows-New York Central. IA, COS; Erie, 100; do pro-
ferred 100; Lake Shore g. 900; Wabash, 700; North
western 6o0 do preferred, e6O0 Rock Island $3.50;
Michigan Central 200; Illinois Central 1850; Union
Pacific 175; Milwaukee and ST Paul, $500; do pre-
ferred 236o0; Pittsburr, 100; Delaware Lackawanna
and Western, le s00 New Jersey Central, $780, Della
ware and Hudson Canal, 1900; Norris and Essex,
g. loo Hannibal anu st Joseph, 1850; do preferred,
500; Ohio and Mississippi 500; Panama 100; Western
Union 49, 1so Pacific Mail. 1000; Quicksilver, 800;
do preferred, 600.
HIGHEST AND LOWEST. t+
Tho following the highest and lowest prices Of