New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-04-30
ON CHANGE.
WALL-sT. FLUCTUATIONS
pIsR FOLLOWED BY A DECLINE.

SD. ononed firmly and actively, yesterday,
,,c,s advancing from to per cent along 'ho ao',o
<, subsequently there was reaction suon as nea'
Jvsv, follows a steady advance for two or tnree uss'
s.Ss that which has lately been In progress ~ was
..d Of course by realizing sales from operators
- ,,aao their tnrn aud went in again. more cheer
A o,nadept feeling is percepble both In and ont OF
<yausta sure indication that the great business IL"
,sarests OF tho country are at least ieehnR nloio
.seoure II not steadily improving. improvement
an fact is not expected to DO raplu ." niS"
E., the effect OF a general Ieenng
r,,v a,,ouy husipess men itself tends 10 produce
> Sovant feeling ia Wal-st where results are often
ot,cpated The immediate effect OF the Presidents
e,o was TO depress stocks, but second impressions
creaed strong reaction which constitutes one Oh ING
. .nnortant elements in the bun movement vi
go stock Exchange, which has ct least been
S-o.rlv developed. Stock operators all agree that
she bill winch President vetoed would have pro
$500 sharp contr action facilities Of the New
kork banks and at least neutralzed the Issue Oh
sh.t mart Of the extra fory-fOur millions already IN cir
s,Iston It's now generally conceded that no coming
sCongressiOnal legislation is likely 70 nave
snuch effect upon the morket. Inc ne
s,.ssi,,es Of the Government are expected
g. Keen ont the part of fortyfour millions already
sssued and probably to lead 20 gradual issue o 'o
sest II Is assumed, sSS; wal Bssinsss men there
sere anticipate freedom from disturbing elements al
kgashinstop for considerable time to come
Tbe negctations between the Western Union and the
taoc and Pacific Telegraph Companies are liKeiy 70
q renewed on the return OF Mr.. ORION tOm England
n ,s suppOsed that the recent heavy purchases
a. Westarn Union have been made IL the inter
- of narties who are behind the scenes IN
beae negotiations and expect 10 carry them through
tbev shoud DO completed. IL Is known That the sur
N,ius Western Union stock Will then oe lmmeulaleiy
E.sued i'm the form OF heavy STOCK dividend ana proo
saby accompanied with per cent cdsh ulNluehd on
khe entire amount - 49, -. - - 49,.
Senrrol expcc a0u also doing better than In the
Sorrespondng mOntIs Of last year. In most OF them
gross receipts large, but the net earnings
skare greater il consequence OF the very heavy
ksductons made expenses. number OF
Representatives Of leading railroads have lately oeen
H. consultation this city, with view OF anecting
"a business arrangement either Tor pooling competitive
business advancing rates II - understood that the
kd differences the Baltimore and ONO ana Tue
1'snnsylvauia Railroads have been amcably adjusted
AMI Is therefore believed that the net earnings OF he
1runk lines all likely 10 he considerably increased
The Nav disbursements are en- erng INTO the calcua-
ons OF stock operators and nnanciers The Govern
1nent dsburses "A large amount IN payment OF It's
coupons and the railroads will pay large sums New,
Aork will pay S2469953 interest on the city ana
bounty debt -, .-, l.. 49,,
f.irs OF the Freedman's Savings and Trust Company,
s. No. Is5 Blecckerst. All depOsitOrs who presented
alemsevss were Informed that the Company would
n nforoe the rule requiring G. days notice before any
money could be drawn by them, no matter now small
doe Up at least 90 deDOsltOrs appeared
a. len the money urgently required by needy depOs-
1.Or. Arrangements nave been made ny the manager
Dir Harris. 70 relieve temporary necessities.