The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-08
FINANCIAL AND COMMERCIAL.
Stocks Stronger and Bust
ness Active.
MONEY ON CALL ) AND 5 PER CENT.
Gold Firm at ia ga Without
Excitement.
COVE RNMENTS FIRM.
WALL STREET,
WEDNESDAY. April T-6 p. NJ

WALL STREET,
WEDNESDAY April 7-6 p. M.
The STOCK market was moderately active to-day,
but undisturbed by any startling features by
the usual rumors which are invented TO give zest
TO the speculative situation. The chief surprise
Of the moment was a sudden and, TO the maj GRITTY
Dfoperators, an unexpected advance in Atlantic
and Pacific Telegraph, which opened at 24h,
quickly advanced TO 26T and almost as quickly
receded TO 25A. From this point the movement
upward was steady until at the close 1t sold at
PIX 271z The rise is said to be due to the de.
parture OF the steamer Faraday and the posi-
bIlIty that in the event OF success IN completing
the new cable consolidation viii be made with
Western Union. This, however, is among the
events OF the future, and in the absence or MT.
Orion nothing is likely TO be done except by the
spectators. Pacific Mai signaized Itself oy drop
ping TO AN soon alter the opening, but recovered
to 43A on buyers option closing at 43h o 43ss.
There was considerable speculation concerning
the future arrangements between Pacific Mail and
Panama. and 1t was said tnat agents OF the latter
company were large purchasers OF the stock;
hence it's rise; but we failed TO trace these state
ments TO truthful source. Western Union
opened at Tx, with large sales, and gradually
advanced 70 7S% at tine close. Wabash advanced
80 1917 and closed at 1874. Union Pacific began at
70A, advanced with various fluctuations TO Il,
closing at 70M. IL was noteworthy that the move
ment in This stock to. day was less irregular and
rapid ana confined within one per cent Erie
moved from 2S7S TO 3o4, ending at 80. Lake shore
was STEADY at 1871. ST. Paul common maintained
in frmness and encouraged holaers by advancing
to o91S and ending at this figure. The preferred
stock reached $50. OHIO and Mississippi sold at
2saI a 2SH a 2sL. Hannibal and st. Joseph was
steady at about 271s 2s. other changes VIII be
found below.
ADVANCE AND DECLINE.
The stocks which advanced since last nights
prices were as follows:-
ApyANcE-New York Centrai, II; G., Z. and l.
o. X: Delaware and Laekawanna Ia; Erie, q;
ctnc MAIL /; Rock Island, u; st. pau, n; wa
basn, 81 Union Pacific. u; western Union.
Atlantic and Pacific Telegraph, ga; northwestern
preferred, 70. -. ,-s -
Panama. ~; quicksilver, Ia.
The stocks that remained steady we're Hannibal
and St. Joseph. Harlem, Ohio and Mississippi and
Canton.
THE TRANSACTIONS TO-DAY
amounted to 2O5 600 snares, OF which the bulk was
represented by Erie, Pacific Matt, western Union,
Union Pacific and Atlantic and Pacific Telegraph.
The details are as folows:-New York Central
and Hudson 1000; Erie, "a, leo; Lake Shore $3.50;
Cleveland and Pittsburg 240 northwestern, 3, 500;
do. preferred, 100; Rock Island 900; Pacific Mail,
g. 600; St paul, 100; do preferred, TOO; ohlos,
asoo western Union. SO, 200; Wabash, 500; Union
Pacific, $4,000; O., @. and l. O. l4oo; Panama, 100;
Atlantic and Pacific Telegraph. $4,000.
HIGHEST AND LOWEST PRICES.
The following table SHOWS the opening, highest