The New York herald., 1879-07-30
FINANCIAL and COMMERCIAL.
Stocks Active and Still
Clim bing.
MONEY EASY ON CALL.
Government Securities Steady-Railroad
Bonds Buoyant
EASY ON CALL.
WALL STREET. |
I,lxr Dtl ~ - nj


There was further advance to-day in all the prom
inent stocks Speculation, like patrolling police
man. requires the market to "move on and it
obeys the order What sort of clubbing it will get
from the bear party when 1t is found impossible to
move further is not worth considering now. At
present 1t is well out of the way OF the bear
"billy" and is likely to continue In fact bears
are SO few that any attempt to pound the market
would result in fasco that. from police point of
view, would profoundly disgust Captain Williams
and his Hittites of the Twenty ninth precinct. Tho
stock market opened fractionally higher than it fin
ished yesterday. gathered headway from the start.
and gained before midday from X to Ia per cent.
early prices. The grangers still in
the advance, and remained to the end.
Closely following them Erie and Delaware and
Lackawanna. both OF which stocks were active at
advancing figures With the trunk lines in full cry
it longer possible to let Erie lag behind the
slow hounds of the pack, and the attempt was made
this morning. with some show of success to whip it
into activity The coal carriers advanced because Of
reports that the iron furnaces had pretty nearly
hausted the supply of steamer COAL that the
price of this description would be higher at to-mor
rows sale, and because the Reading Company had
added twenty-five cents per ton to the selling price
Of their product The Delaware and Lackawanna
Company will sell $4,000 tons at auction tomorrow,
and there dark and sinister rumors afoat that
the price will be taken of after manner
10 suit the most fastidious bulls in the
stock. Scarcely active tho above named
stocks, but nearly equal to them in the way of inn
provement. Lake Shore, Kansas City and
Northern preferred. New Jersey Central. Western
Union and Louisville and Nashville. The rest Of the
list was If not better than yesterday, certainly no
worse, and may be cited firm and steady Tho
Governing Committee admitted to-day to the regu-
lar list OF called stocks the Cecilan branch Of the
Louisville and Nashville Railroad Company" the
"Northeru Pacific Railroad Company" the
metropolitan Elevated Railway Company" and the
''Carbou Consolidated Mining Company" This
latter company is incorporated under the laws OF
the State OF New York. and its property consists of
mines in Boulder county, Colorado. Apart from
the fact that the stock has been admitted to the list
always q difficult matter to be attained by mining
company. and that tho management is in the hands
Of we'll known and capable men, it is stated in favor
Of the property that the mine is the most thoroughly
developed and the crushing mill the most complete
of any in the State of Colorado. The stock Of the
company consists Of 900 shares of $40 each and
monthly dividends of per cent are being paid,
with enough in sight to promise continuance
OF the same for an unlimited period At the Mining
Board matters continued dull and dreary and with
out any change to call for comment.
The following table shows the extreme huctua-
tions Of the day in leading shares:-