The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-05-01
FINANCIAL AND COMMERCIAL.
The Stock Market Dull and with
out Feature.
GOLD 115 3-S A 115 1-2.
Honey Abundant on Call at 8 l-2 and Per
Cent The Bond Market Steady
WALL STREET,
Friday Anrll 30-A z. III.

Friday, April 800 p. A.
The stock market is In such negative condition
rs TO leave little room for comment. IL contains
40 features tnat are startling or sensational and
s comparatively barren OF those 'polnts" on
which small operators rush in TO make their prof
It's or cover their losses. The principal hrmness
exhibited was in New York Central, Harlem,
Missouri Pacific, Atlantic and Pacific preferred,
and toward the close In Northwest common.
Rumor hath 1t that there being too much company
In Western Union the price was purposely let
down in order 10 lriRhten the weak holders.
Wabash declined sharply from 154 to l4k lax,
but IL IL reported that the directors OF the CON-
papy to-day departed Tor Toledo to perfect plan
lor the financial reorganization OF It's anairs.
THE RANGE OF PRICES
was as follows:-Erie was dull on changes OF from
sO,s TO so1s soh, but was upheld by q strong
undertone, based on the belief that parties are
purchasing the stock with view TO the control
Of railway ordinations That are in process, which
have Tor their object the establishment OF thor
ough transcontinental system. Lake Shore was
neglected, 1t opened at 1923, sold at 70z and
ended OF the former price. Missouri Pacific was
again active, at SAX q SAX q SAY a So, Atlantic
ana Pacific preferred showing a sympathetic ad-
vance to Is, with slight fractional decline at
the close. Kansas Pacific receded from "a to %
st. Louis and Kansas CITY opened at 431l, rose
" 40 anu lel OH 10 AAA. 1uo cOmmOu
stock Is being traded In outside OF the
Board ON the basis OF 1oK. The friends
OF this stock are generous In their predictions
The transactions amounted to nearly IL, 900 shares
Hannibal and st. Joseph opened at 25h and was
heavy all day at this figure. Northwestern COM
mon rose from 41H TO 42x and ended at AZ. At
lanuc and Pacific Telegraph commenced al 2eat
declined to 25X, but subsequently rallied and
closed al 28H. While the future or this stock Is
shrouded In uncertainty 1t Is strongly held. II
there are any combinations between the company
and Western Union they have not yet been an
nounced. The latter opered at 79A, advanced to
1873, receded TO 70 and closed at 79h. Panama
was quoted at 1855 1853, with higher prices for
irregular lots. Pacific Mail was steady between
AZ 45, the lowest price being fixed AZ the close.
Union Pacific began at ", sold down 10 rex, up TO
g7H aud closed at TX. The remainder OF the
changes are unmportant.
THE SALES TO-DAY
OF active stocks about lis, 900 shares, which
may be divided as folows:-New York Central
and Hudson go; Erie. 9loo; Lake Shore, 1000;
Cleveland and Pittsburg, 700; Northwestern,
IL 200; Rock Island, 1.o25; Pacific Mail, $780, ST.
Paul, 1900; do. preferred, 500; ohlos, 1880;
Western Union. $4,000; wabash, $4,000; Union
Pacific, 1920; Panama, 800; st. Louis. Kansas
oty and Northern, 1880; Atlantic and Racinc
preferred, 2,4oo-
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest