The New York herald., 1877-08-25
The Stock Market Very Ac-
tive and Strong.
GOLD 1O4 3-9 A 1O4 1-8.
Government Bonds Weak, States Dull
and Railroads Strong.
MONEY on CALL EASY At "a 2 1-2 PER CENT.
WALL STREET, I
FRIDAY. August 24-0P AZ.


FRIDAY, August 24-6P. M
As the case yesterday, Lake Shore led tho sd-
vance this morning, It's friends marking II up, at
time, points above opening prices. or course the
tho railroad list benefited by the good cour
pany II found itself IN, and increased It's prices pro-
portionately THIS was particularly the case with c.,
c.. c. and Indiana, which sold up to 3Oh, wnile in-
earnings for tho third week OF August for the
Northwestern road OF $780, 7OO and OF the ST. Paul line
OF 500 co., the period last year, invited
dtiona attention to these stocks Pacific Mail, which
seems to be hard to rouse into activity topper
far gone In his cups, hoised up per cent above
last nights closing price, through transactions .ot
nearly $4,000 shares; but It's supporters seemed
to have lost their grip toward the close.
for the price sagged back, and the gain
Of the day was quite wiped out ut gong
sound. Nevertheless, much higher prices are
promised and the street has 1t that prominent
operator and whom president OF the company, having
made estrke" in Western Union and Lake Shore, Ia
prepared to back up tho steamship speculation with
un limited shakcls 1t is moreover, asserted that the
same specuutor has undertaken to galvanize into lie
the moribund Ohio and Mississippi concern, and the
remarkably large dealings and advance In price are
adduced as evidence Of tho fact. Indeed, under the
midsummer madness Of tho prevailing speculation It 10
a woader that these two stocks have not received
attention before. Figures low, and representa-.
tvcs of values probably az much below the marx ~
the selling prices OF many Of the active fancos
above 1t. Pacific Mail at least claim
direction FREQ from stock jobbing influences and
that has reduced its floating debt over 600 dur
ing the last tw welvemonth, while the Ohio and Assis
sppi road publish increased earnings for the third
woek in August of $27 O00 and through Its receiver
Mr. King, promise shortly to pay up the back interest
on tho flrst mortgage bonds In the afternoon there
was pretty strong effort to realize profits and tho
market sagged of accordingly, but not enough 10
break the extraordinary strength which has char
acterized tho existing bull speculation.
THE sALEs
Tho sales Of active stocks to-day aggregated $50 16S
shares, which were distributed as foIows:-New
York Central $3.50; Erie, 2,570; Eric preicrreds
200; Lake Shore 56.45O; Wabash, 6,743; North
western, 14,700; Northwestern preferred. II, 650i
Rock Island. 400; Fort Wayne, go; Milwaukee and
st. Paul, 4,100; Milwaukee and St. Paul preferred,
5000; Morris and Essex, 1900; Michigan Central,
49, 625; illinois Central! 600 Union PactAo, 47o5 G.,
c. ana c., 900; Hannibal and st. Joseph, 1,20o;
Hannibal aud st. Joseph preferred, 1,2O0; Ohio and
Mississippi, 2l 900; prtsburg, 500; Delaware, Lack
awanna and Western. 1880; Now jersey Con,raL
1,6l5; Delaware and HUDSON Canal, ss5: Delaware
and Hudson Canal preferred, 100; Western Union,
23 O35; Atlantic and Pacific Telegraph, 400; Pacific
Mall So0 Quicksilver, 800; Quicksilver preferred,
ZOO
OPENING, AND LOWEST.
rno ,oloutng tahla show. Lha oDeninR hioh0ak nd