The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
The Stock Market Active
and Stronger.
GOLD 107 ga A 1O7 Is.
Government Stocks Firm-Rail-
road Bonds Irregular.
MONEY on CALL EASY AT 2 A 5 PER CENT.
WALL STREET, |
a - "A - n A. 4

TUESDAY, Apfii I4-o I. ~.
II the European news to-day received be as true ~
Is threatening, the trtc quotation which procaims
he pen to be mightier than the sword is again proved
Q be as false as II is familiar. After peIting each
nhcr with the paper pellets OF protocols ana ulti-
natums, Russia and Turkey going t. settle the
natter by hard knocks The discussion OF the ques-
hon, particularly In us bearings upon the trade and
Of this country, came up nircsh to-day, and
he almost unanimous opinion that great benefit
would grow out OF It reelected tho life and i'm
provcment IN the various markets Tho extent OF this
benefit however, depends upon the extent of the
Should tho contest be confined TO q duel between
enough DO cxcrted TO close tho ports OF
zach to foreign commerce, the direct effect
would BE- Injurious to this country. inasmuch
exports considerably exceed imports; but this loss
would BIO many times made up, Indirectly, by the
closing Of the great granares OF the Black Sea and the
opening to us OF markets usually supplied from that
Iource. An extension OF the contest TO embrace
England and the States OF Continental Europe would
20 simply to aggravate these conditions Producers
turned into consumers and tho unavoidable and
scar consequent upon state OF would necessate
extrnneous aid which country is we'll qualified
70 extend as our own II Is not proposed 10 do this
however, on The good Samaritan system, but TO put
money in purse. which 1t badly enough needs and
lhade Of tho iamcnted Watts should rise up
N indignant and expostulatory short metre.
Whether leading operators thought that bond fde
outbreak OF real significance regarded improve
nent OF prices whether u used a mere pre-
cncc while the fact lay IN oversold market, II Is
certain that the bull movement suddenly started
yesterday, pushed with continued energy to-day
Stocks which had been most precpitate In the fall
were the most prominent In benenng by the rise and
from them general strength impaired to the rest
Of the list The coal stocks particularly favored,
Morris and Essex selling up TO 6SX, Delaware and
Lackawanna to 49, and Delaware and Hudson to 49,
At the close prices fell of u 10 Y per cent, the shorts
being pretty well covered and the bulls hcstatng to
press matters finding shares easily. day
two will develop whether the public win be touched
by The war fever, which higher prices may be
looked Tor, or II not--not
The sales Of active stocks to-day aggregated 1879 800
shares, which we're distributed fol ows:-New York
western, 90o do preferred 1900; Rock Island 255;
Fort Wayne, 562; Milwaukee and ST. Paul, 800; do.
preferred, 4.300 Psburg 262; Delaware, Lackawanna
md Western 43 050 New Jersey Central 10 600 Del
Iware anu Hudson Canal, 10, 75l; Morris and Essex,
1885, Michigan Central Is, 600; Illinois Central, 300;
Union Pacific, 1,051 c., b. and Quincy, 500; Hannibal
and St. Joseph, 200 do. preferred, 100; Ohio and Mis-
sss,pp $50; Panama, 100; Western Union, 2s, 900;
Pacific Mail, 1850; Quicksilver, 100
OPENING, HIGHEST AND LOWEST
Tho following table shows the opening, highest and
- 49,