The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-06
FINANCIAL And COMMERCIAL.
The Stock Market Active and
Unsteady.
Money Firmer at 5 and 9
Per Cent.
GOLD ia ga A ia SIS.
Government Bonds, Foreign Exchange and
State Securities.
G OLD la ga A ia SIS.
WALL STREET,

J
MONDAY. April Sc p M.
The stock market to-day showed tribe OF lever.
lshnesS in the manner, rather the results or
Its manipulation. but closed steady, and in some
Instances with hrmness Sundry rumors were
prevalent In the board, under the influence OF
which Erie and Pacific Mail were Sharply handled
and declined. The former after opening at 29X
3D. receded to 291S, and ended at 29Js 29z. Pa
slhc Mall opened at 45A moved up to 45h. when
considerable short sales were made, and the stock
went OF TO 4335, closing ut 435s 4324. Western
Union was subject TO bearish demonstration,
growing out OF the departure OF the steamer
Faraday and the renewed attempt TO complete
the cable that has been laid within few hundred
miles oil our coast. While 1t was generally
given out as "a poinr'' the effect OF the compile
ton OF q rev lntercontinental telegraph line was
discussed In various circles, and there is dIspo-
sitlon await the result before engaging In addi-
tional ventures. 1t would be among the curious
events Of the year II Atlantic and Pacific Tele-
graph and Western Union should meet on q COM
mon ground as regards real value ana
SPECULATIVE ACTIVITY.
The prices were from Tx to rex, the closing
price. sc. Paul showed more than usual strength.
Advancing from 3sH in the morning to 391 bid.
The close was made at 3916. The transactions In
this stock amounted to 100 shares, although 1t Is
said that large amount has recently changed
hands privately. The preferred stock sold at 81 q
SIX 5714. Hannibal and st. Joseph likewise
maintained strength at 2sh, with but slight nuc-
tua lions in the face OF somewhat depressing sur.
roundlngs. Wabash opened at 15z, sold up TO
I524 and closed at 15A. Northwest common con-
tinues to be one or the couundrums OF the street,
the movement IN this stock being full of mystery,
which loses none OF It's force by reason or the
presence IN The city OF several OF the influential
officials and friends or the road. As part OF the
gossip OF the moment that must be taken cum ara
no sails we record the rumor that arrangements
are penang between ST. Paul and Northwest for
combination or the respective interests OF the
TWO corporations Rock Island sold at 102A, ex
Dividend. Union Pacific gained 2A Ter cent, and
after sundry curious nuctuatons. which nave be.
come par; OF its late daily experience. ended
drm al 7l%. New Jersey Southern was more active
thanusual at a TX. OHIO aud Mississippi opened
OF 29 advanced u, el OF to 2s5I and closed at 2sA.
Lake Shore sold at 73h 7sk, ending at 73,S. At
lantlc ana Pacific Telegraph was quoted at 24X q
24h Panama was firm at 120
THE TRANSACTIONS OF THE DAY
amounted to 2470oO shares, which were distributed
as rollows:-New York Central and Hudson 400;
Erie, $1,000; Lake Shore. $500; CLEVELAND and
Pittsburg, 200; northwestern, 5000; do. preferred
400; Rock Island, 45oo; Pacific Mail, $4,000; st.
Paul. 400; do. preferred. 1000; 0hios, 1000;
Western Union, Is, 400; wabash, 1900; Union Pa
eific, So 200; c.. G. and O., 2,l25; Panama, 100
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest,