The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-17
FINANCIAL AND COMMERCIAL.
Stocks Still in Statu Quo
The Situation Mixed.
GOLD STEADY AT 115 is.
Money Easy al Q a 2 IL Per Cent on Call
Foreign Exchange Firm
GOVERNMENT AND RAILROAD BONDS.
WALL STREET,

FRIDAY, April 1876 p NJ
The stock market to-day was again tame and
nninteresting, giving forth no sign concerning the
future and anordng little encouragement to tn Sc
VINO operate only for the hour. While the average
figures were stronger than yesterday especially
in the higher priced securities vhere Is still an
evident disposition on the part OF outside buyers
to wait until the market becomes more settled.
or &C least indicates with more than present GER
tanty in what direction 1t is likely TO move. Dull
Is the natural result OF this doubt and IL may
continue until some stock takes and maintains
the leadership, and, by sympathy. causes an ad-
vance among Its fellows. II, Tor instance 1T should
appear that the friends OF wabash had determined
to protect the common stock, securing them
selves by pledge OF he preferred stock. and were
quietly buying the former with view to much
higher price, even this neglected security might
communicate
AN INFLUENCE
TO the remainder OF the market and spur encour-
agement. The same may be said OF ST. Paul,
Northwest, Ohio and Mississippi Hannibal and
ST. Joseph--in fact OF any stock, no matter what
may be Its financial condition, that is moved up
ward, though 1t may be only per cent in two
DAYS, and does not teach the street by sudden
fluctuations or one, two or three per cent that 1t
owes its lie to mere manipulation. There Is no
prese reason why within sixty days there should
not be a larger and more legitimate volume OF
speculative and permanent Investment Money
win probably be easy the disbursements from the
Treasury and dduclary institutions Will be large,
and the temptations TO the same TO the Ut
most profit will be abundant. Whatever is rotten
must OF course 60 TO the WALL but IL is not In the
nature OF things that any stock which pos
sesses an element OF growth value shall be al
ways held down by such dead weights as now OPP
press the market.
THE CHANGES IN STOCKS
were as follows Erie opened at S2 and receded
to 31x, closing at 31h; small lots OF the pre-
ferred stock sold at 421S 43. Pacific Mail fell OF
from 43k to 42I. recovered TO 43h and closed at
4sK. Union Pacific was the most active security
on the list, and advanced from II to 72h; Lake
Shore was steady at "A 73k, the last being the
final sale: wabash improved from 15H TO 1917;
North estern common sold at AK q Az AK,
preferred at 81; Rock Island was steady at 1881
1o3k; st. Paul common was firm at 36H preferred
5sH. The highest OF ohio and Mississippi was 2S,
the lowest 27T; O., Q. and /. @. sold at 6H. At
lantic and Pacific Telegraph at 25< u 20: Panama
opened at 125 and advanced TO 12Tk. The
sales amounted TO 500 shares; western Union
rose from Tx TO 7sH and closed at rs. Hannibal
ana st. Joseph sold at 27K 27s<. MariDosa, az.
beesment paid. advanced 70 TX. Quicksilver re.
ceoed from az TO 2oX at the Jtasc. Other prices
VIII be found In the regular list. No meeting took
place be ween tue PanamS and Pacific Vail peo-
pie to-day ana their AFFAIRS. therefore, tomain
upadjusted.
THE SALES TODAY
amount to the small figure OF 10000 shares
These were divided among the most active stocks
rs folows:-New York Central auo Ha1son 200;
Erie $1,000; Lake Shore, $500; Cleveland and
Pittsburg $50; Northwestern, 1000; do. preferred,
200; Rock Island, 500; Pacific Mail 1880; ST.
Paul, GOO; do. preferred, 100y 0hios 800; West
srn Union, Is, ooo wabash. 100; Onion Pacific,
$4,000; O., Y. and /. O., 100; Panama 500.
ADVANCE AND DECLINE.
Compared with closing prices ye<ssfdsy those OF
TO-DAY were as lollows:-
ADvAScE.--C., y. and ]. O.. n; Erie, r.; Pacific
Mail. y Panama, az; Rock Island. u; Union
Paclnc, IL; western Union, Il; Erie IN Lon
don, q.
DEcLISE.-Hannibal and ST. Joseph. u; Lake
shore, u; Quicksilver y; 81 Paul common. =.
The rest are unchanged as follows Atlantic and
Pacific preferred, Delaware and Lackawanna,
Northwestern common aud preferred, ohio and
MIsslssippI. Wabash, Atlantic and Paclhc Tele-
graph, Canton and gold.