The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-03-26
FINANCIAL And COMMERCIAL.
Review OF the Events Of the Wrek-A Better
Feeling in Stock SpeculatiOns.
THE GOLD AND MONEY MARKETS.
MINING INTELLIGE NCE
WALL STREET.


SUNDAY, March 25, ls77.t
II would be unreasonable to suppose that all the
clouds which lowered the Stock Exchange have
been In the 'dcep bosom OF the buried" that
the OF prosperity, because Il has shed few CLEANS
orlight has commenced to shine forever and day
Tho knowledge, however, that tho past week has
shown signs of clearing weather sufficiently
distinct to permit hopeful augury OF the future Is
encouragement to the long suffering bull party which
they may may not turn to good account Appar-
entity an opportunity offers, and we wait with
interest TO see, whether like who ''grasps the
skirts OF happy chancc they will be energetic enough
improve tho occasion. The frs, days OF the week
were subjected to 1T Of the blues. The ldcs OF
March had been as unpropitious to holders OF
stocks they had been to tho imperial
Cesar depression marked all classes OF
Information carefully tccgraphcd from London to
the effect that American securities unstable
ccpt at discount and that feeling OF apprehension
amounting almost to apanic existed to the value
OF railway stocks and bonds. produced corre-
spending tremor m tho OF home estors and
by Implication affected unfavoraby the whole OF tho
market To this added lear OF the results of tho
great coal sale by the Pennsylvania company. tho
same being anticipated as certain to be unfavorabo
both the price OF the product and to the market
value OF tho coal Fortunately the prices OBJ
tanned much better than had been expected
that the sale turned out moro OF success than
q failure, and construed by operators,
who became lively buyers Of shares at adj
vancng prices Although quotations fell Off
sharply a day two afterward, when IT
learned that tho meeting OF the anthracite
presidents had to naught, they almost immedi.
aely rallied higher figures than before through
sympathy with the railway market, which was begin.
ming develop signs OF unusual strength, and under
,tc belief that at the adjourned meeting TO be held
next Thursday some plan would be adopted favorable
all the coal interests Tho railways received their
impetus from equally legitimate causes. II was re-
ported that the Western alliance had settled tho
threatened with Burlington and Quincy by buryng
the Ratchet that Erie New York Central had ad-
meeting of trunk Inc presidents in respect to New
England traffic that the railway compact
be preserved in its integrity Thus in general
way II came about that things began 10 shape them.
selves iavorably, situation quickly appreciated by
bulls bears alike, and quickly acted upon in tho
wy OF free purchases either to close up shorts for
an anticipated advance The close Of the market be.
came thus temper the very reverse OF that prcdom
nate beginning Of the week, and in final deal
ings showed strength enough TO warrant belief III still
better figures in the week to
TIE TRANSACTIONS OF WEEK.
The following represents the opening, highest and
lowest sacs regular way, OF the principal during
The past week, together with the plumber OF shares
dealt