The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-28
FINANCIAL And COMMERCIAL.
Stocks Strong aud Higher, Especially for
Dividend Paying Securities.
GOLD STEADY AT ll5 IA.
Money on Call Easy at . IL Per Cent and
Government Bonds Firm.
WALL STREET.
TUESDAY, April 27-s r. NJ.

TUESDAY April 27-6 p. nj.
The principal feature OF Wall street operations
to-day was the unusual attention bestowed upon
dividend paying securities. Tnis Is accounted for
by the great ease IN money, superabundance OF
capital and the opportunities afforded for making
large and rapid pronrs by investment in FIRST class
stocks. Several western securities have likewise
come TO the front and give indication OF re
newal Of confidence and purpose on the part OF
their friends that may possibly result IN much
higher than present prices. The impression OBJ
tains-and, probably, not without reason-ihat
certain movements are on foot among the
western capitalists and their CONDUCTORS IN
New York which have for their objective
point reconciliation OF conflicting in
tcrests. If the arrangements now under
discussion should be made favorably there
is little question that several OF the western rail
road stocks will become active in this market at
no distant day, especially such as have not de-
faulted upon their interest, ana arord prospect Of
. fairy profitable business In THIS connection
may be mentioned Missouri Pacific, Atlantic AMI
Pacific preferred and Kansas and Pacific. There
was also some talk with references 70 s.. Louis,
Kansas City and Northern, concerning Thich -
was stated that measures are pending which IN
volve consolidation or this and certain contribu-
tive ROADS with Union Pacific, that Will enable
the line frst named 10 control tran1c and ship
than can be done by any other competitor. such
is the plan mapped out aud described BY those
who are identified with the movement
THE ACTIVITY ~ STOCKS
developed itself larger line OF securities than
usual. New York Central advanced from 1O2 = to
los closlrg az lO4a4. Harlem rose from 1873 to l3s
on sales OF about 100 shares. Rock Island moved
rom 1881 10 1851, ending at los. New Jersey
Central rose from 1l6i4 to 40. Delaware and
Lackawanna sold at l2i4 123 10. Panama
was quiet but strong at 1914 a 1875 a 1906 Erie moved
from so2l TO 49,, but sympathetic with general
depression at the close fell OF to 3oss Lake shore
advanced nom 7o1 to 7lss, but ended at the open
ing price. Wabash advanced from 1876 TO l6tl. the
last figure. Union Pacific Notwithstanding the re
ports from the broken portion OF the road, rose
from TIA to 1874. at the close IL was quoted at 77s.
Pacific Mail was active in its movement from 45is
down to 44S a 447s United states Ex-
press showed heavy decline from 57h
70 50. in consequence, Il IS said, Or
certain complications with Erie. Missouri Pa
chic sold up TO STA gain or nearly . per cent.
OHIO and Mississippi was without important fea-
Eure. The remark equally applies 10 st. Paul.
western onion showed strength in an advance
from 77sS to 5e4 ana a close at 5sgs. New Jersey
southern is said 10 be on the GDts and The recent
consultation OF tie railway magnates at Long
Branch is regarded indicative Of an early move
ment. We give the fact without Endorsement.
THE SALES or The DAY
amounted 70 sos, 900 shares, which we're dis
tribured as fonows:-New YORK Central and Hud-
SON G.s7e; Erie, ls,6oO; LAKE shore, 80, 100; Gin
cinnau and PittsbuFg. ..12o; Northwestern, e,60o;
10. preferred. 40; Rock Island, $4,000: Pacific
Man, IS, zoo; &. Paul, 5000 Onios, 5000; western
Union $1,000; Wabash, $500; Union PaeInc. g. 200;
Panama. si0: Harlem. ], $50; Delaware and LacSa-
wanna asa. New Jersey Central i 400 ntted
states Express. 1850; Missouri Pacinc, 1000; At
lantic and Pacific preferred, $500; Atlantic and
Pacific Telegraph, 1000.
OPENING, HIGHEST AND LOWEST PRICES.
The following table SHOWS the opening, highest
ana Lowest nrlces or the day.-