The New York herald., 1874-10-21
FINANCIAL and COMMERCIAL
The Stock Market-Pxtoes Still
Declining.
GOLD FIRM AT 10 A ITO l.s.
Government and Railroad
Bonds Steady.
WALL STREET, /
TUESDAY, Oct. 20-6 p. N, (

TUESDAY, Oct. 20-6 p. MI
The market po.day was without feature, except
that losses are recorded on transactions In ma
Iottty OF active stocks. No special reason, now
ever, can be Rlven for the result Certain parties
are reported to be selling .short in anticipation
Of lower market, but IL is unsafe to prejudge the
eject OF their work. Other parties may be ao-
lively engaged In taking all that is offered AZ the
prevailing low figures with view to future profit
while IL 10 true that certain stocks are
weak, 1t is equally true that those who
have controlled them IN the past have shown
Willingness to purchase. Quietly this process
has been going on. Bear ana pull are, therefore,
maintaining their old antagouistic relationship,
and II is not unlikely, as q consequence, that we
shall witness considerable nuctuations-nrst de-
preston, then corresponding advance colncident
With what may be the improving condition OF the
bountry. The immediate market does not reward
Dthsrs than those who, standing on the door OF
The Stock Exchange, can watch ana avail tnem-
selves OF the fluctuations OF an hour but there Is
still an opportunity for outside operators who de-
pend on general results and have the patience to
wait to acquire decided profits While the COM
mercal situation Is somewhat discouraging, 1t Is
not at It's worst, and except In such stocks as are
positively bad, we may look for sharp recovery
within the next sixty days.
GAINS AND LOSSES.
The gains Of the day as compared with last night
have been insignificant, only two stocks partfcl-
pating in the Improvement. These were:-
.GAINs.-Lake Shore n per cent and Ohio and
Issr IossRss.r1Sew W YORK York Central and Hudson per
ss?i Pacific iii Ma ana psnaa as xxx sssd
81. Paul, Is; wabash. ~; Union Pacific, u.
~ THE SALES
pf principal stocks amounted to 10000 shares,
which are divided as follows:-N YORK Central
and Hudson River. 1000; Erie, 17,000 Lake shore,
$4,000; Cleveland and Plttsbure, 200; Northwest
ern. 660o Rock Island, 500; Pacific MAIL 5000; st.
Paul, 900; st. Paul preferred, 500; Ohios. 5,40o;
Western Union. 1a0o0; Wabash, 1920; Union Pa
cinc, 25,50o; o., c. and !. c., s,4vo: Panama, 295.
THE RANGE OF PRICES.
Western Union was comparatively steady, open.
Ing at 791s. selling at 79Aa7o sa7o
Union Pacific receded from SAX to sax. underwent
numerous fluctuations within u per cent. and
siosed at "a Wabash opened at 3lh and steadily
aeclined to 2sX. St. Paul opened at SO and closed
At s2X. Rock Island went or at the close Il per
Mail sold at 46>ka46Sal6K. ending at AK. Ohio
and Mississippi opened at 27X, improved to 2S1sa
2SH and 1nisned at %. Northwestern fell OF q
per cent. Lake shore developed considerable
strength, opening at 78X, closing at 791a. Harlem
was steady at late prices. The same may be said
OF Hannibal and st. Joseph. Erie advanced from
OK to 30k, after which there was aspressure and
decline, the last price being 29H. @, O. and !. O.
leoiined from 10k to 8T, the close being MADE at
~.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest