The New York herald., 1870-05-07
FINANCIAL and COMMERCIAL.

WALL STREET,
FRIDAY. May 6-GP NJ
Outside OF the market Wall street affairs we're
generally quiet to-day.
STOCKS ACTIVE, STRONG AND EXCITED.
the stock market was very active In the ruling
feature, Lake Shore, the transactions In which were
on an enormous scale, while the price advanced to
1904 The "pont' il 80 generally aud conndentially
communicated that it is going to all sorts of extrava
giant figures that good for the BELIEF that
the Lake Shore clique have been selling the stock from
s5 upward They really got out Of all their stock
below co. but the machine was given so much I'M
petus with the pubic that 1t is now running ON
without clique assistance, and further IN fact than
the clique wish It, Last year the clique unload cd at
ITO to ll5 but the price kept on rising until it
touched l1s, when the public discovered the
trick played upon them with the annual elec-
ton dodge. Since last year Lake Shore
has lost several millions actual cash by
the suspension OF Lockwood Co., and
through other causes. When 1t broke in the panic
10 10 the Vanderbilt party bought 1t In and loaded
up with 1t all the way to &c. The advance In this
stock created the utmost enthusiasm and 0ccasoned
unusual animation at the Stock Exchange the whole
list, excepting Ere catching the contagiOn Of the
bullish feeling, and rising from half to three and
half per cent. After the last board there was de-
cline on sales to realize. but the market rallied
and surgcd on again to the highest prices
Of the day, which made for Lake Shore
and Others OF the list In the nnai street
dealings on the sidewalk before the Stock Exchange.
Tne comparative table below will show at glance
the extent OF the advance in prices to-day The fol-
lowing were the closing prices ut the last session
of the board:-Canion, 71h ~; Cumberland, AN
Did; Consolidated Coal 2s q 2sI; Western Union,
a2T SS,s; Quicksilver. Ga 10; do. preferred,
ID bid; Mariposa. ia ash do preferred, 17a
17H; do. certificates, Al u At; Pacific Mail, ASK
q 4S2l; Boston Water Power, Is bid; Adams
Express, 631s 6a1S; wes-Fargo Express, Tx
1794; do, scrip. "a ~; American Ex.
press, 42h 42Gs United States Express,
4421 As; Merchants Union, 0 bid; New
York Central consolidated 9ss q 9sel;
do. scrip, o47. s5; Harlem, l44 l44%; do. pre-
ferred LAT bid; Erie, 23lk 24H; do. preferred, AK
a 40; Reading, 1929 1921; Michigan Central 1913
1876; Lake Shore 9o7s a 100; Illinois Central 141H
bid; Cleveland and Pittsburg loe,l 1868; Chicago
and Northwestern s1ss 81; do. preferred 915. 90;
Cleveland, Columbus and Cincinnati, 70 q 80; Rock
Island, 123H 1857; Milwaukee and st. Paul. 6524
90; do. preferred, 797. 791s; Toledo and Wabash.
5l3S a SAX; do. preferred 72,z a IS: Fort Wayne
942s 941l; Alton and Terre Haute. IS bid; do pre-
ferred, o5; Ohio and Mississippi. S7A S7H; Della
ware and Lackawanna ll2k New Jersey Central,
1lOA; Chicago ana Alton, 113 114k; do. preferred
115 . 115k; Morris and Essex, 92 9215; Hannibal
and st. Joseph, 1lOk 112; do pre- erred, 109a
1101s; Iron Mountain, Az As Dubuque and Sioux
City, los 1885,; Boston, Hartford and Erie, 8 a
6s: Columbus 0Aicago and Indiana Central
1914 1oh.
HIGHEST AND LOWEST PRICES.
The extreme fluctuations In the leading specua-
tive shares were as folOWs:-