The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-12
FINANCIAL and COMMERCIAL.
Stocks Irregular and at the
Clcsa Lower.
GOLD STEADY AND BONDS FIRM.
Money Easy on Call Loans---A Furry in
Pacific Mail
WALL STREET. /

MONDAY, Jan. 1l-6 p. NJ.
Feverish, unsteady, with an advancing tendency
In some shares aud declining temper in others,
an absence OF faith on either side concerning the
iuture. and individual Judgment generally OF sea,
such ia about the condition OF the STOCK market
to-day. Business opened with moderate show
Of strength and it was evident that an effort was
being made to sustain prices; but, later, rne sup
porters some OF the principal speculative lines
appeared 10 lose confidence, and at the close the
decline was sharply marked. The market may
therefore be described as both strong and weak.
In point OF strength the chief feature Of the day
was Atlantic and Pacific Telegraph which ad-
vanced from 2SA to 27L4, but subsequently receded
and closed ct Is. Erie was likewise conspicuous
for frmness, opening At 20, falling on
u. but later recovering to and ending
at 29H. Wabash was generally steady
at Tx 17H q Tx q TX, closing at Tx. The
same may be said OF Union Pacific. which in the
MIDST Of tumbnng prices fairly held Its own At
BsH 81 SIX S7x. western Union was without
mucn strength and fell or from 70X to 76k, clos
Ing at 76X. Ohio and Mississippi sold at SIX SIX
q 81 q ok. Hannibal ana ST. Joseph ar 2&x IS o
HH. c., C. and !. G. sold ar sX . sH q sN SX.
Lake shore, after opening at 76K, declined 10 74A
ON large sales. Pacific Mail was comparatively
frm at the beginning and advanced from SAX to
863s, but subsequently, went on and closed 1t 34x.
The market closed before the announcement OF
4 change In the Board OF Direction was made pub
hc and therefore the event was not important IN
Influencing the prices. Northwestern common op-
ened al Al. advanced u and closed at 46,.. Rock
Island weakened from 1881 TO 1927. Other changes
are noted elsewhere. From the foregoing It will
be observed that the undertone Of the market
whatever 1t may have been In the morning, was
shaken later In the day. and that the close Ia again
favorable 70 the bear element.
ADVANCE AND DECLINE.
Compared with closing prices on Saturday the
following are the results shown ct the close TO
day.
ADyANcE-Atlantic and Pacific preferred. y;
Delaware and Lackawanna, u; Erie, u; Hannibal
ana ST. Joseph, y; Pacific Mai, 4; WABASH, 4;
Atlantic ana Paclhc Telegraph, 8.
* Northwestern, *; OHIO and Mississippi li0
Northwestern preferred, Y.
The stocks that remained steady we're c., @. and
l. G., Harlem, Quicksilver, Panama and Union Pa
ctac.
THE SALES
to-day amounted to nearly 24O, 600 shares II will
be seen that the leaders were Western Union,
Lake Shore, Pacific Mail. Onion Pacific, st. Paul,
Northwestern and Erie. Inc TRANSACTIONS were
divided among principal stocks as follows:-New
York Central and Hudson River. 800; Erie, $4,000;
Lake Shore &c. Northwestern, II, TOO; do. pre-
lerred 800; Rock Island, 100; Pacific MAIL a. 900;
81. Paul, le 800; do. preferred, $50; Unos $500;
Western Union, IS, 900; Wabash, o.loo; Union Pa
citic 500; c., and ]. c. 200; Atlantic and Pa
cite Telegraph, 5000.
HIGHEST AND LOWEST PRICES.
mr. r~,tnx tohta htOhao