The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-13
The Stock Market Unsettled aud FcycfIsh-
A Brokers' Day.
GOLD FIRM AT ll3 A lib IA.
Governments Easy Investment Shares Steady
Railway Bonds Generally Firm-Foreign
Exchange Quiet-M Money on Call 1-2
Per Cent-A FURRY Abroad.
WALL SrREEr,

WEDNESDAY, April l2-5 r. II.
Speculation to-day ran in tho same grooves that u
did yesterday though the pace not SO rapid and
the results less important such variation a. there
was tended upward; but as in the case Of
The reason Why I cannot tell.
In fact there was no observable cause except that
the droop stocks for tho last week and the belief In
lower prices resulting from the absence Of business
aud general staenaton OF rado had created an over
grown short interest which opened opportunity for
q sudden turn upward discomntng 10 weakly bears
and profitable 10 venturcsome bulls. Hence for the
moment prices higher two or three Of the spccu
atve stocks and bears, driven 70 cover
their contracts prone to excaim with the apothe-
cary in "Romeo and Juhet'-
My poverty. but my will. consents.
Thus, while the cubs 10 grief the bigger bears
have the opportunity OF better market and higher
scale prices which add their short sles Lake
Shore noticeable for its steadness to-day IL
for its persistent decline yesterday. The frcshct
Of long stock which carried disaster with 1t in its
downward course subsidized to-day and tho rise and fall
Of the food were reduced to such dimensions that less
than single point marked the fluctuations
There less variation in Western Union, but
such there pointed In the direction Of hiaher
6gurcs the stock having opened G6 and sold up
6ds+, closing an eighth or from these quotations Tho
Twentythird street party have got idea that
the time has arrived lher shorts in this prop
erty, they have been persistent buyers for two
three days past Whether they have been gifted with
the capacity OF second sight as to its Iuture course
whether they are TO be classed In the catalogue OF
thosc whom 'wshing 10 destroy tho gods first make
mad" the future will show.
Pacific Mail, far activity went had apparently
come 10 anchor for the day. and tested by variation in
prices there not enough TO keep dog watch awake.
Tho only real excitement OF the day hung about
Central and Hudson, which declncd about ono per
cent from yesterdays prices under a sudden on
slaught. ssThe inward and spiritual gracen Of
The operation only to be guessed vt,
but the .soutward and visible signn was presented
In the person of tho commodore's own broker an
apparent buyer and q well known Board operator as
apparent seller Nothing appears to DO sacred in
Wall street, and brokers will trade readily the
prospect OF death they will In the chances Of divi
dend. The attack on Central and Hudson was gcncr-
ally accepted as speculation on Commodore Wander
bits prospective deccusc, tho nstsators being willing
despatch the Ancient Mariner secaaium aytem after
The OF duplicated Fuchs, and afterward feast
such 'sluncral baked meats might be realized
nom short sales Of his favoritc properties
This ghoul-lke effort was disappointing 1t was
iisgraceul and the false activity quickly aroused
quickly faded away.
Michigan Central quietly settled down point or SO
~hout cciting any marked attention, and such nuc-
1uaons a. characterized the rcst OF the market went
by scarcely observed under tho greater attractions
offered by the more speculative stocks
Beyond general nrmer feeling, tho natural reaction
from tho state OF in which the market has been
SD long lying. there special features worthy OF
other than the list of fluctuations offered below
THE sALns TO-DAY.
in Exch ~
aggregate lbs 600 shares, which distributed as
Iolows.-
New York Central and Hudson, 3,4O0; Eric, :, 200
Lake Shore, H. 4o0 Northwestern, 800; do preferred
LOO; Rock Island, 400; Pacific Mail 1860; St.
Paul 400; preferred, 1900 Ohios, 1900; Western
Union 80 500; Wabash, 1907 Union Pacific, 400; c.. c.
and L c., 800; Michigan Central 1900; New
Jersey Central 1900; Hannibal and ST Joseph l, 700;
do preferred 400
OPENING HIGHEST AND LOWEST PRICES
Tho following table shows tho opening, highest and
Iox oft n