The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-06-25
FINANCIAL and COMMERCIAL.
Revived Animation in the
Stock Market.
--~ a
B E A r T A G II I G s..
Railroad Mortgages Firm, Southern So
curities Dull. Money Easy and
Foreign Exchange Quiet.
#
q o L ID III 3 ..
WALL STREET,
WEDNESDAY. June 24-8 P. M.

WEDNESDAY. June 24-e PM.
inc wonderful vitality which u so distinctive q
feature OF our national character, the recupera.
tive energy that is so remarkably characteristic OF
our national life, was never moro clearly uemon-
strated than IN the events Of the pasr few days
here. With the settlement OF the vexed question
regarding thu limit OF the legal tender circulation,
and the adjournment OF Congress, 1t would seem
as though an immense incubus had been lifted on
che business OF the country and that we were
once again safely launched upon fair sea OF
prosperity, so prompt has been the response in
that barometrlc measure Of nuctuatlng vaiues the
stock list. Although matter OF calculation with
many beforehand, 1t came at last as SURPRISE
and, IS Is the nature OF a surprise, with
AN EBB AND FLOW OF CONFIDENCE &
IN the ultimate result. The feeling Is OF gen.
eral buoyancy yet tie old timldity still fingers in
the minas of many. As consequence OF this
slight causes operate the side of the bears who
naturally look on the shady side OF all things to
innuence values. Thus, although the market
opened with an improved feeling upon that OF yes
terday, advantage was quickly taken, and success
fully, OF the report Of an accident to Commodore
Vanderbilt to depreclAte prices These, however,
rallied again. aud although nuctuating and uncer-
tain exhibited sufficient strength to call for further
pressure, which was given In the shape OF another
report that The Commodore was seriously hurt
So familiar trick, however, as the killing OF the
vigorous railroad king, who Is q sort OF wilhelm
Fourth in this respect RECEIVERS from more ILL
nesses than Pho Mono and escapes sudden demise
oftener even than that eminent fnancier Napoleon
the Third used to, was too stale to effect much
andi was
SAX QUIETLY WHISPERED ROUND
That mistake had been made. The leading bear,
II was said was not in haste to cover at ALL as was
.t,c
Confederation OF this the slight comparative advance
in Union Pacific, stock IN which he Is supposed
20 he most largely interested, was pointed to. The
market was then In just that uncertain MOOD to
be Influenced BY tribes, the Vanderbilt shares
showing symptoms OF weakness upon the repeated
reports of the COmmOdOre's injuries, that even so
questionable presentment OF the situation as this
was accepted by waverng buyers, and the market
left to itself wentoH, closing at about the lowest
point OF the day. The principal decline was in tho
Vanderbilt shares-Lake Shore, Western Union
and New YORK Central. Wabash showed the great
est decline--2 per cent. Erie was affected inde-
pendently BIZ the price the other side, and after
selling at slH went Oh to 29A, closing at 4
advance.
INut THE TOTAL SALES OF THE DAY f.
aggregated 23S $50 shares, distributed az follows -
Lake shore. 80, 400; Western Union, IS, $780, Union
Pacific, 3o420; Erie. 1885; Pacific Mall, 1850;
Wabash. 16,4o0; St. Paul, 1850; Northwestern,
1900; Rock Island, 400; OHIO and Mississippi
$500; New York Central, 1900; Delaware, Lacka-
wanna and Western, 1,644; Northwestern pre-
terred. 1850; c., g. and l. c., lilo; St. Paul pre-
ferred, 700; Hannibal and ST. Joseph, 600; Consol-
dated COAL $50; Atlantic and Pacific preferred
400; Boston, Hartford and Erie, 800: Panama, SIS ;
Missouri Pacific, 3Oo and Harlem, $50.
THE EXTREME FIGURES OF THE DAY.
The following table SHOWS the opening, highest
nd low q the