The New York herald., 1870-04-24
FINANCIAL and COMMERCIAL.

WALL SrREEr I
SATURDAY, April 23-6 T.. MI
The speculative activity OF Wall street Is fairly
aroused by the concurrent influences OF easy money,
agood bank statement the certain defeat OF the Fund
Ing bi the prospective authorization OF an increase
OF the national currency without any corresponding
withdrawal OF the three per cents or greenbacks,,
better prices for wheat which will enable the rail-
ways to increase their trafic and last though NOS
least, strong "Oul" movement ON the part Of the
cliQues.
STOCKS STRONG AND ACTIVE.
The advance In prices at the Stock Board was
very decided In all the leading shares, and the
movement begun few days since, was
maintained with steadfast persistencY. In
the long period OF dulness from which the
markets have Just emerged Il was question
with these ciques whether they would not be CON-
PEELED to abandon their undertaking, and for time
they were s0rely in doubt as to the best means Of
extricating themselves. But circumstances have
favored them, and in resisting every onset OF the
"bears" and In inducing large short interest they
have LAID the foundation for their present success.
The "bears" have been the heaviest purchasers Of
stocks SO far ana their losses brief has been the
campaign, have been enormous. The bull cques
watched every movement or the other side, aud by
keeping records OF transactions were enabled to
estimate the ''short interest existing In the market.
They have managed their plans with the utmost skill,
and are now possessed OF complete control of the
street. The advance to-day was confined to the
speculative shares. the investment stocks, such as
Fort Wayne, Morris ana Essex and the like, remain
ing steady, but frm. The rise ranged from one to
three and half per cent, Pitsburg being again the
most Duoyant leader in the movement, although the
dealings in It were small in amount Northwestern
common sold at y6H under purchases by the
shortsn who were frightened by the fact that they
vVara 0nmn lph tn m qa iUh as "A III tor
cent for the OF the stock to make GOOD their de-
liveres this afternoon. Lake Shore touched 921S
and Reading 1OOx. Harlem advanced 10 i45t.
New York Central stock and scrip were active, on
favorable reports from Albany, and rose about two
per cent. wabash touched 5l2x and Onios 32. The
comparative table below Will show the extreme
range of prices. The following were the clos
ing prices at the last session OF the Stock
Exchange:-C Canton, 72h 73; Cumberland, 20 81;
Western Union, 321s a329; Quicksilver 81 9H;
Mariposa, 6x IN; do, preferred. 1875 laa; do,
certificates, As bid; Pacific Mail, 37ss ssk; Boston
Water Power, l6X; Adams Express. 6li& . 62;
Wells-Fargo Express 1917 20; American Express,
ssK a ssh; United states Express, A3A 4414; Mer-
chants Uuion Express, bid; New York Central
consolidated, 94A bid; do, scrip, soH bid; Harem
142K 143; Erie, 24 251s; do. preferred 50 Read
ing, 99Ss 99H; Michigan Central 124si 1876; Lake
Shore DIX siH; Illinois Central, 1898 14o&;
Cleveland ana PittsburR, 1O2 q 1921; Chicago and
Northwestern, 74% 76; do preferred, s611 500;
Cleveland, Columbus and Cincinnati, Tx bid; Rock
Island, 117& q 117h; Milwaukee and st. Paul, cox
eOh; do. preferred, 74S a 74A; Toledo and Wabash
81 5l&; do. preferred 7s; Fort Wayne 921< 927i;
Alton an d Terre Haute, SO 36k; do. preferred. 06
ohio and Mississippi, 3lA slX; Delaware and
Lackawanna 1881 1OSa4; New Jersey Central, 1861
1861; Chicago ana Alton, liz 112n; do. pre-
ferred, 112 bid; Morris and Essex, 92k 90; Hann-
bal and 81. Joseph ll111 49, do preferred, 1lo%;
Iron Mountain, 43>1 44N Dubuque and Sioux
City, los BID; Columbus, Chicago and Indiana Cen
yrai 17A 17%.
HIGHEST AND LOWEST PRICES OF STOCKS.
The extreme fluctuations In the prices Of the
principal speculative stocks shown in the follow
ing table OF the highest and lowest prices OF the