New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-04-25
MONDAY. April Pr. ".

MONDAY. April PIP. VI.
The stock market opened without abatement
in the speculative ardor, additional buyers stepping In
as prices advanced until the brokers' offices
overrunnng with orders TO buy state Of things dee-
dcdy pleasing to the commission brokers and the bull
cIiaes who see in these movements opportunity for
unloading their accumulations OF stocks at larger
profits than they had reason to expect few days or
weeks ago. The temper OF the market soon became
feyersh though rule bullish and confident Ohio and
Mississippi once became the speculative card and
advanced to the highest price Of the though for
what reason IS not apparent Perhaps 1t is because the
road has ne yer yet earned dividend New-YOrk Central
and Hudson River, Reading and Rock Island were
actively traded In, while Western Union
was again galvi lied into life and strength. Until after
the O'Clock board the market ruled strong with only
occasional and unimportan setbacks. But in the after
noon there was decided break prices, and quite
excitement among dealers in the Long Room The bears
were evidently work, having taken courage after the
rapid advance, and ut the time it seemed "a II
many Of the bulls had been tempted 10 realize
profits. As matter Of course, the effect
of and bulls appearing in the market sellers at
the same time rapid decline in prices throughout
the list OF active stocks and evident utterng among
the weak holders and buyers upon small margins. The
market declined from TO per cent, but partially
recovered Still later in the afternoon there another
break when Lake Shore went down to 1915 in which other
leading stocks smpathized buC not TO great extent
subsequently there was slight rally and ut the close OF
the street business in front the Exchange Lake Shore
had recovered 1881 GO9 which about per cent
below the morning quotations. The OF this stock
indicates the general tendency Of the market though
the fluctuations in other stocks were less ex-
tensive. There be those who think the bot
tom has fallen out, and that the course Of the
market Is 10 be downward till prices shall recede to the
quotations OF three months ago Possibly they
rect in their representations. We not prepared say
that they are not But the bull operators
TO think that it is mot much of shower They appear
but little disturbed, and laugh at the idea OF any
serious interruption OF the advance. Some OF
the very knowing ones" OF the street declare
the break to be scoop game" entirely, and predict
higher prices tomorrow; but to the calm and disin-
teresed observer It like healthy reaction. Not
being prepared at present to make any predictions
have only to say that shall what shall
Alton and Terre Haute Preferred advanced to-day
Two years dividends. amounting to IA per cent have
in cash in scrip. This preferred stock Is accu-
debt against the Company. II ia, understood, how
ever that the dividends have been fairly earned and
considerable dissatisfaction exists among the Preferred
stockholders that the Company not act upon the
question: aud give to them either cash
obligations for the amount fairly due TO them. The
called Investment securities In fair inquiry, with
sales of Illinois Central 1915 Alton, 1874; the Pre-
ferred 100; st. Louis aud Iron Mountain, 6lAd6li and
New-York and New-Hayen scrip, 1885, In the miscella-
shares Psc Re Mail strong and higher and the
rest of the list steady. Express shares strong
good demand. The following table shows the highest
and lowest prices Of active stocks to-day