The New York herald., 1877-07-27
The Stock Market Strong
and Higher.
GOLD STEADY AT los IL A los IS.
Government Bonds frm-Railroad Bonds
Quiet and Strong
MONEY ON CALL HA3A2 PER CENT.
WALL STREET,
THURSDAY, July 2o-6 p. n. !

while the whsle country was waiting In anxious
fear lest it, e's blood should be drained entirely
away through riotous wounds New York has placed
her thumb upon the artery and stopped the bleeding
Its ability do tested last night and the result
has been received with satisfaction throughout the
length and breadth OF the land In no quarter moro
10 than at the Stock Exchange brought about
complete rcvulsion OF feeling and with It market
stronger than has been seen Tor many day. The
quister state Of feeling and tho evidence which
muiated from parts OF the country that the flame OF
insurrecton burning low had also their effect in
restoring confidence to those who believe In higher
prices. while 1t sent bears to market With keen de-
sire 10 repurchase the they had
iuconsidcratey sold. Between the long demand
and the short demand it looked at one
time though tho boot of yesterday
had veraby got upon the other leg, for an ADVANCE
sharp and decisive, the order of the day. All the
prominent stocks affected 10 greater or less
degree, Western Union, Lake Shore. Now York Gen.
traI the Western stocks coming In for the cream
Of tho benefit.
The telegraph stock, which has been notable for it,
nrmuess during depression, from 62 to 66Z,
which latter price it held at the close II was
universally agreed that Gould had been large buyer
for the last three days. and the conclusion at
jumped at that tho often expected, long asserted
solidas,on of the rival lines como at last
Despite the number OF times that the Board has seen
Mr. Gould put the pea under the husble and yet been
doceived, they arc slow to learn wisdom as the
rustic at fair and still believe that the ptive cup
may con tain the little joker.
The coal stocks participated in the strength ofhe mar
kst for heretofore We learn, that while
there s plenty OF anthracite coal In tho markctand,
In fact demand for i-for domestic purposes there
10 but scanty supply tor steam
In buminous 1t Is still worse there being abso
lutely supply at all This would necessarily become
very embarrassing, were the dcartb to last but as
things point removal of the embargo :he scarcity
ls not likely to be OF long duration.
Alter interval OF irreguarty, caused by uufavor.
lblo reports from Chicago, the market resumed its
strength and closed nearly tho best quotations Of
the day.
sALEs TO-DAY.
The transactions at tho Stock Exchange to-day ag-
gregated 1s4 260 shares New York Central, 16, 200;
Harlem, 200; Erie, 1900; Lake Shore, 1850; North
western, 100; Northwestern preferred, 400; Rock
Island II. 100; Fort Wayne, 245; Milwaukee and St.
Paul. 1885, Milwaukee and St. Paul preferred II, 800;
Pi.tsburg 1.525; Delaware Lackawanna and Western,
1900 New Jersey Central 100; Delaware Hudson
Canal 000 Norris and Essex, 500; Michigan Central,
5000; Illinois Central $50; Hannibal ard ST. Joseph.
100; Hannibal and ST. Joseph preferred 3o0 Ohio and
Mississippi. 100; Western Union, $4,000; Pacific
Nail, 100.
OPENING HIGHEST AND LOWEST
Tho following anows the opening. highest and