The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-07
FINANCIAL and COMMERCIAL.
The Stock Market Irregular
and FeVerish.
GOLD ADVANCED TO ia ga.
Money Easy and Abundant at 4
and 5 Per Cent.
GOVERNMENT BONDS STRONG
WALL STREET.

TUESDAY April Go p. M.
The stock market to-day was dull until near the
close, when ripple OF excitement was occasioned
by considerable realizing sales and q consequent
decline OF prices. During the opening hour the
Indications were encouraging 10 spectators
the bull side, resulting from an advance, after q
depression, several securities. but later these
again began to weaken and yield to such rapid
fluctuations as 10 cause dlsrrust ana a general
feeling among outside operators that 1T was
proper time 10 "keep hands odn The END justi-
fed this doubt, for in many instances the lowest
figures OF the day were made, and the market
closed Irregular ragged and uncertain. These
depressing episodes, however, are incident to
campaign OF this character, and their lessons are
lost with the first symptoms OF Improvement.
How soon such win occur 1t is, OF course,
impossible 10 say. II the lower priced secu-
rites nave been preparing to move upward
they have thus lar shown only hrnness ana
quickly sympathized with the depression OF the
leading stocks. II, on the other hand, the under
tone should prove strong during the next sixty
days. then market may be seen which Will COM
municate It's force to business beyond Wall street.
THR MOST ACTIVE SECURITIES
were Erie, Pacific MAIL ST. Paul, Western Union
and Union Pacific. The first opened at 2sX and
advanced 10 2e5S Pacific Mail irregular at
43 42A o 43& q a a 42% a 49, IL being stated
that the Panama Railroad Company directors to-
oay adopted q resolution notifying Pacific Mail OF
the termination OF the present arrangement with
that company az the end OF three months. BY this
arrangement the Cnina ireghts were sent over
the Isthmus. II is now said that they VIII come
by way Of San Francisco. ST. Paul common was
strong at 80 a 39A, with close at 49, The pre-.
ferred sold al IS q 5sh a ssh. Union Pacific
opened at ~, improved 10 7lZ, and after
single sale at coz closed at 70h. ONO and Mis-
sisslppl sold from 20 TO 2sk. Western Union
opened at 1917 advanced to 7sK. sold on to Tx
aud closed at IS. Northwest common opened &C
45 and changed only x per cent. The preferred
sold al 5SK 5sK. Hannibal and st. Joseph was
without feature Panama sold at 40 12ok.
other prices VIII be found below.
ADVANCE AND DECLINE.
The close DAY showed the following changes
compared with those OF yesterday
ADvANcE.-New YORK Central, u; Delaware and
Rock Island, u 81. Paul. n; Western Union Teie-
graph. /; Northwest preferred, y; gold,
DRcLINE.-Hann bal and St. Jos >p !, n; ONO and
WABASH, x; Union Pacific, /; Atlaptic and Pacinc
Telegraph, u ERIE I'm London), Il.
The stocks that renamed steady were Atlantic
ana Pacific preferred, c.. c. and l. c.; Erie. Har.
lem, Northwest common, and Canton.
THE TRANSACTIONS TO-DAY
In stocks amounted to about 23i0 900 SHARES, which
may be distributed as follows New York Central
and Hudson, $50; Erie, IA, 600; Lake Shore 6.7Oo;
Cleveland and Pittsburg, 100; Northwestern 2,1oO;
do. preferred, 600; Rock Island, 67oo; Pacific Mail,
10000; ST. Paul, 1920; do preferred, 1900; onios.
Aloo; Western Union O., 500; Wabash. 2loo; Union
Pacific, 900; c.. G. ana |. G., 700; Panama, 100.
TIE HIGHEST AND LOWEST PRICES
The following table shows the opening, highest,