The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-06-15
FINANCIAL And COMMERCIAL.
Stocks neutrality-suspicious. Awaiting
Further Developments.
GOLD 1l6 So "A 1l6 81.
Honey Easy on Call al l-aas Per Cent
Ferrign Exchange Steady.
WALL STREET,
MONDAY. June I'D r. rs.


Except FOR those who may be interested IN one
or Two stocks the record OF Wall street specula-
non to-day can nave little interest No new Tea
tUres we're developed ia sufficient force 70 iortiiY
Judgment concerning the future, yes II Will be
seen by measuring the closing prices with those
oil Saturday that several encouraging changes
haye taken place which suggest possibility o.
amprovement in the near future. Briefly described,
the market is IN q waiting condition. There are
few outside or permanent Investors who have
cath 10 buy. anu the number i stili smaller VINO
have the courage TO sell what they 40 not own. u
~ not improbable tnat the argument win DO ire.
-uuenty used which describes the misery o. tho
country, tue general prevailing commercial weak
ness and the mlsaaps 10 valcn our railways are
liable; lot the answer is always ready, thas "wnes
things are a. the WORST they .egin 20 mend ite
country has passed IN Ter the shadow. We naRe
ssen
THROUGH Fng GLASS DhEkLr
May We net be Ia O position that wlll eEsese rs
70 recognise . more favorable 2rospectf Are all
OF oar railways As Uad As they have been repre-
sentedf Are not economy and conservatism,
good Judgment ard Just administration every
vnere exertng force superior 70 the temporary
Influences Of local speculation, and giving
. tone 70 me WORK u tsose WAC look beyond The
hour and see in tue iutgTe the profitable results
OF patient waIching' Eaca observer mast be MS
own critic or the financial situation, but when We
are on me supposed eve Of . settlement " the
railway war, wnen me commercial writers dis
cover improvement in the movement or cereals,
wAen the trade reporters while describing mode
rate business, couple WIN the same The announce
neRI Of usual strength. Is Il not wen enough for
ell vno may Be looking into tBe future 70 pause
before assuming the iact that All street specu-
lasion Is = gauge or commerce or compass ~
WHICH TO regulate their Judgments
TIE STOCK AARKEr
whIle speculation Was euA certain among
acuye securities showed strength - Paul
csosed 1t 3oss ior the common and s. Tor the
preferred, parties mere having received favorable
kilograms from the West, indicative Of ths pGr'
poses 0! the new direction. 4 WILL be remembered
that on Saturday the STOCK was seriously raided.
Northwest common likewise advanced ron 80
90 s7sZ, the preferred moving nom as. 10 49,
the close, however, was made At 4ss. LAKE
Shore was lower, closing 1t e54; after sales at
644 Union Pacific advanced 70 IA. ending a.
"a Il IL said OF Wells.FaEgo Express Company
1hat il viii shortly declare Q per cent semi
annual dividend, winch made the stock q. "a AZ
SoK. PacIrc Mail reached 355s, aud closed Al Sst4
Erie was steady a. about 1873. Rock Island sold
NJ lo2 lo2E, Atlantic and Pacific Telegraph At
"a ohio and Mississippi advanced 70 23@; Illinois
Central declined 70 io04; western Union was
Bteady at 54As IA a. Int lot possible CON-
petition the iriencs OF this security 2legc that i
hs In > financial condition winch deserves greater
sashgtn.
in connection win the changes recorded below
nwu be observed mat Improvement - shown IA
nearly al TIE active stocks This Is reAut y hicR
GAYS ago We ip6lcaEed Is probable, because Of the
pTessute 81 outside investors WHO, remembering
ire oens1t ihey oD.Glned 81 buying a. panic
Hrsces IA IsTa have again e1lerea tie red 20 taEe
aoTxnt1ge Of TIC figures wnica year hence are
nE-y 70 be regarded a. exceptionally IoE aud m
v.11g.
ADVANCE AND DECLINE
me changes ID eios.ag prices s.ncs saturday
are a. foAowss-
AprlxcK-Aran-l and Pacinc preferred. y
NershwesL 4, OsIo ano Mississippi y Pacihc
haN. y (: EgcE Isiaco. - 81 PAU, II; Union
Pacific, j; western Union Telegraph, = 80. PAU
preserrea, - Ere IN London, -.
LKCLNK-sew YORK. Central, = G., 2. and L.,
Delaware and Lack2WaREa, - Harlem, lsi
las SEore, \ Quicksilver, common, =.
TIE stauon4ry stocks were Erie, e. Joseph,
PAazna s8d wsoAs1.
TIE SALES To-pAY
smo-rrs6 20 about 1890 shares, and were repre-
seated am0ng acnye stscEs - ioiioUs.-Sew
Ye-k c.atral ana HUDSON. - shares; krc,
1.loe, Lake snofe, el.700 Cleveland and Pittsburg,
100: EortHvssrsrn, 1900; 90 preferred. lsOo;
ROcK s.sno. l.5C0: Peclnc Nan, - coo; 4. Paul.
400: 40. preisrTed. 20: oplos. 100; western
Up.on. Loo Onion Pacific, 1900; &, g. AND J.
&, 10.
oPK7,rN0. HIGHElr sSD LOWEST PRICES
me iog0ring saD.e SHOWS fhe opening. highest
an l0SssI pree. y Tie 1aY E.