The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-03
The Stock Market Dull and Firm The
Range of Prices.
GOLD LOWER AT Ia A ia 3-S.
Money on Call Loans Abundantly Supplied at
PIP q A Per Cent.
GOOD SECURITIES GENERALLY STEADY
WALL STREET,
FRIDAY, April 2-6 +. M.

FRIDAY, April 2-6 +. M.
From the beginning the close the stock
market to-day was dull, yet exceptionally firm.
This TACT was not more observable in the securi-
ties that are regarded as leaders, among which
may reckoned the dividend as well as the
merely speculative stocks bat In the lower priced
shares that have heretofore been tumbied care
lessy around the street. More consideration was
given TO Hannibal and st. Joseph, Wabash. North
west common, St. Paul, Ohio and Mississippi, and
even Erie showed the influence OF some hidden
hand. The business orders in the brokers' Offices
were not plentiful, yet the manner IN which the
market was sustained comparatively small
transactions served to encourage holders and
prevent the making OF an important short
Interest Whatever operations are IN
embryo are adroitly concealed; but the
thought was frequently expressed that
the indications OF the hour point TO changes that
viii give TO the market an entirely different phase
during the next thirty days. For the present 1t
must be confessed that the situation Is mixed,
Tor, outside OF those parties who, by their capital
control
IMPORTANT MOVEMENTS
and are waiting upon results, there are few who
possess facts or can depend upon more than the
inspirations OF the stock indicators and the
guesses they may make or the future. Much In
terest continues to attach to the pending arrange
ments between Panama, Pacific Mai and Union
Pacific but thus far nothing has been allowed TO
escape from the parties involved that affords any
clew on which spectators can gamble. In
deed, 1t is more than half suspected that
when the contract IS complete IL will be for time
kept from the street, IN order TO anord inside
rings an opportunity to make their purchases or
sales, aud 50 take the lions snare of profit. We
note the presence IN the street to-day and yester
day OF q considerable buying element from Balri-
more, Boston and Philadelphia. In letter from
the last named city it IS estimated that July
10000 snares have been subject the orders or
the operators OF that city within fortyeight hours
This fact illustrates the manner in which the
speculative mania IS spreading, and incidentally
shows that capital IS being tempted from It's cof.
iers to swell the volume OF reaction.
ADVANCE AND DECLINE.
the changes or the market at the close to-day
compared with those OF yesterday were as io-
lows
ApvANcE.-Delaware and Lackawanna, y; Erie,
q; Hannibal and ST. Joseph, u +; Lake shore, "a
Mail, x; Rock Island !. 81. Paul, i wabash. 4
Union Pacific, Ia; Northwest preferred, u; Erie
DFcINE-ouicksilver i; western Union, X;
gold, =.
The stocks that remained steady were Atlantic
ana Pacific preferred New York Central, c. c.
and l. c.. Harlem, Atlantic ana Pacific Telegraph
ana Canton.
THE sPEcULATIoNs OF THE DAY
were chiefly represented by the following
changes :-Union Pacific advanced 10 6s15, closing
al 6sl4. Lake Shore at The end reached u. Wa
bash advanced 10 l5Z, ana was strong. North
western common Is one OF the c1nundrums OF the
street. and by its vagarIes iorbids calculation IL
advanced nom IS 10 ass. Erie sold at 3024 "a,
ending at 81. Western Union opened at 775S, ad-
vanced 10 775S, ana closed at rs. Pacific Mail was
ctiye at 49, 43S o 4ll4. the END being mace at
a. ST. Paul common was steady at $685. q 3s5S.
the preferred stock ending at 56a. Hannibal and
81. Joseph common sold az 2s1S zs1S %, and the
preferred stock at 375s s4h. Kansas Pacific and
New jersey Southern came in for their share oil
attention and the prices viii be found below.
the TRANSACTIONS
on the stock Exchange to-day amounted 70 10000
shares Ia large falling on in business during the
week. Toe sales may be distributed as follows:-
New York Central and Hudson. 100; Erie, a., 500;
Lake SHORE l,sOo; Northwestern, l4,oOo; do. pre-
Ierred, 4o0 Rock Island, ESQ; Pacific Mail, 80 600;
ST. Paul. $500; do. preferred. goo; ohios. $500;
western Union, 25,2oJ; Wabash, $500; Union
Pacific, a. 600: G., c. and !. c., 100.
HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest,
md lnuazt nrtcps Of rhe day.