The New York herald., 1877-07-11
FINANCIAL and COMMERCIAL.
The Stock Market Active
and Strong.
GOLD STEADY AT lO5 3-S.
Government Stocks Steady and Railroad
Bonds Generally Higher.
MONEY ON CALL EASY At | l-2 A 3 PBR CENT.
WALL STREET,
TUESDAY, July 10-6 z. N.

TUESDAY, July 10-6P. N.
Stock Spectators who having got upon the sinister
side OF the Market regard tho advanced movement as
they would 'spell of weather. and daily expect
break in the clouds which hang over them. were again
disappointed this morning whcp they found II did not
come Nor did II como the day through. On the con-
trary the weatnor grew squalIy and 'drty" for
tho anthracite tancers added TO tine movement,
and they made things look blacker STILL II seems TO
be the policy Of the bull party thunder ali around
the horizon OF the share list and they initiated II to-
day by some exceedingly sharp claps from Delaware
and Lackawanna and Morris and Essex That is to
say, the former stock advanced from 40E
10 Az, and tile latter from 90 10 70k,
which prices they pretty nearly retained at
the end OF business In the interval between
opening and closing several attempts wore nade when
6gures wero the highest, to rcalizc but the market
proved coy, and pricos foil OF only to be rallied again,
with the addition OF freshly created short interest
The other Delaware, for other, did not
TO be required In the grand manipulation. and
was left comparatively neglected, with loss Of y
pcr cent the close from the opening prcc. Specu
ation on the trunk roads IN measure halted at
tention bcing given VIC have stated, TO bringing up
the coal reserves though St Paul preferred
sort OF independent corps, was advanced about
one point which now position it held at the close OF
the day In iact in the coal and granger stocks was
centred most OF the afternoon interest and COM
parativciy new set CT bears were submitted to tho
singing iron OF the dominant bulls. Indeed, Brun.
like his counterfeis in the Warwick Arms,
Ia beginning to lean upon very ragged
staff indeed, and it would not be surprising
II he wero shortly forced to cut stick
and to cover at the same time A largo business
done IN Western Union, but 1t caused rather by
tho activity In the rest OF the market than by any
rircunstances bearing upon ITSELF Tho short interest
has been large ANA stubborn, but the bears are not
blind to what is going around them and quick
10 cover 'swhcn prudence points the way" The
lease large in tho shape OF July dividends and
interest have materially contributed to the subscrip
lions for the four per loan, the amount thus far
running quite up to SIG, 100000 They also felt
An demand and higher pricc for the better
classs Of railroad mortgages. Yet this huge sum.
which approaches somewhat the neighborhood Of
$50 600 000 is kept carefully aoof from the purchase
Of speculative shares and goes begging the loan
lat the nominal rate Of u per cent per annuni
THE SALES TO-DAY.
Tho sales Of active stocks at the Board to-day
aggregated 05S shares which distributed fol-
lows.-New York Central, lo,o65 Erie, 100; Lake
Shore, 3S, $40; Wabash, 1000; Northwestern, 7oo
do preferred, g. 75O; Rock Island, 2so Fort Wayne,
2o6 Milwaukee and St. Paul, $3.50; do. preferred,
l3. $50; Delaware, Lackawanna and Western, 43 206;
Now Jersey Central l,225; Delaware and Hudson
ranal ss60 Morris and Essex L., ,4So Michigan Gen.
tra ,,l5o; Illinois Central, q loo Union Pacific 41O
Hannibal and ST. Joseph, 500; do. preferred. 1900
Ohio and Mississippi 1900; Western Union 81, 500; /;
Atlantic and Pacific Telegraph, 300; Pacific Mail eO0
Chicago and Alton, 500
HIGHEST LOWEST
Tho following were Tho highest and lowest prices of
stocks Today -