The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-06-04
FINANCIAL AND COMMERCIAL.
The Stock Market FeVeriSh and Unset
tled---PriCeS Generally Lower.
GOLD ADVANCED TO ZIG rs.
Money on Call Loans as Usual,
with Capital Abundant.
WALL STREET,
- "a so 40 AsAAAAA
!, THURSDAY, June 3-6 p. M.

THURSDAY. June 3-6 p. M.
Tie stock market to-day was again feverisn and
unsettled not so much as the result oil things that
nave happened as OF events expected. The sItua-
tion Is one which few are able TO understand, and
these few belong to a circle VINO gather their IN
Spirarion from one two leaders The latter
have long taken their cue from the unpromisng
business attitude or the country and have prohted
thereby. From their standpoint and with their
wealth, IL was easy, weeks ago, to foresee and
lake advantage OF the existing depression. They
have done so; but the question that still regns Is
whether they intend to stop; whether prices are
az low as they propose TO put them; whether
Pacific Mail, Lake Shore, Erie, New York Central
and other stocks are not likely TO be again ham
mered TO the misery OF those who may be '1ongn
Of the respective securities. The chief demoTalz-
ing agent to-day was Union Pacific, which opened
II 74A and declined to 7oG, with rally 10 73@
and o close at tx. Sympatneticaly this stock
has become closely allied to the rest OF the mar
ket, and there are those who base their judgment
concerning
GENERAL FEATURES
npon It's movements, SO that much and sustained
weakness In Union Pacific 10 more or less likely
TO afYect the course OF other prices. Similar re-
marks may be made with reference TO western
Union, which receded from 75X TO 1873, recover
ing TO 74gS and ending at TAX. Notwithstanding
street statements to the contrary the executive
committee OF the company have recommended
the directors to declare the regular quarterly
dividend at their meeting next week. Lake
Shore declined from cox to So, advanced to
691s and closed at 5s15. The feeling concerning
this stock ia not particularly encouraging.
Northwest common opened at 4oh, sold
Rp to 40A, receded to 3oA and ended
&c the opening price. The annual
slectIoR of the company's Officers took place at
Chicago to-day. The following gentlemen were
elected directors;- Harvey Kennedy, s. M. Mills,
W. L. scott, Milton Courtright, W. Ii. Terry ana
]. l. Tenhave. Erie was steady at Tx q IT,
wabash sold at % aeh ,91f so "a. ohio
and Mississippi opened At 23E and closed &C 22I.
Pacific Mell opened at 34k, went down to 80 and
ended at s2%. Rock Island advanced from lo2 to
lO2A and New York Central from 1o2 TO 1os.
Hannibal and ST. Joseph closed at 81 Illinois Gen.
tral AZ looK, c., G. and l. @. at AZ.
THE sALKs TO-DAY
amounted to about $50, 600 shares which were dis
tributed among active stocks as follows:-Sew
York Central and Hudson. 21Co Erie, Ia. 600; Lake
Shore % 800; Cleveland and Pittsburg, 4oo North
western, II, 300; Rock Island. L4o0; Pacific Mall,
sooo St. Paul, LOO; do. preferred, 500; ohios,
1000; Western Union, 1O2 800; Wabash, 500; Union
Pacific. $500; O., @. and ]. c., 100.
ADVANCE AND DECLINE.
The following are the changes lor the past
lwenty-lour hours
ADvAScE-New York Central, n; O., @. and L
c., u; Erie, II. Gold, -.
DEcLrNE-Atlantc and Pacific Telegraph, 81:
do preferred Il Delaware and Lackawanna,
~: HanniDal and st. Joseph, Il Harlem, b
Lake Score, ~: Northwestern, Il; ONO and MIS-
nssippi, y: Pacific Mail, Ia quicksilver ~;
Rock Island, a; ST. Paul, q Toledo and WABASH,
\; Union Pacac, 2H; Western Union, *; Kan
bas and Northern Pacific 31s; Kansas Pacific, ! |;
Missouri Pacific, y; Erie In London, u.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest