The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-11
FINANCIAL and COMMERCIAL.
The Stock Market IIeayy-Prices Generally
Lower-An Unsettled Feeling.
GOLD ll3 A ll3 IA A ll3.
Government Bonds Firm and Active-Railroad
Bonds and Investment Securities
Steady Money 3, 4 and 5
Per Cent on Call.
WALL STREET,

MONDAY, April 1916 p N.
Verify this is pentcniia season for the bulls who
arc daily tho slaughter as II it were mardi gras
instead OF non-beefcating Passion Week. The
dull dispirting state of Affairs was continued to-day
enlvened however by occasional flashes OF activity
when blocks OF long stocks offered the market
for sale At these times the shorts covered brskly
and made a swirl in the pool as does when he
rises to n.y.. The bears in Western Union early smet
blood and like The ogre who manifested an
appetite Tor the Englishman, declared .thcy would
have some" They got II, too as the decline OF the
shares from GIN At the opening TO 65 at the close
will show The stories which have been used TO
leprcss the stock for some time past again
rent day, the most prominent being to the Of
Iect that the Atlantic and Pacific corporation con-
templating further reduction OF rates. on careful
inquiry learn positively that after 10 morrow
che above company Will reduce their tariff on night
messages consisting OF from twenty 10 thirty words,
10 prices ~ low paid by the press
The move Is important one not only to the pub.
hc to whom is presented the FIRST step toward sys
tenn OF cheaper tecgraphy but to the press Itself,
which will probably claim corresponding reduction in
Associated Press messages aud rebate the very
important sum OF $s0o,o0 now paid yearly into the
rofcrs OF the Western Union Company for
Tho performance OF this service. Whatever
be tho existing reasons for tho strife
between tho rival corporations, tho public
NJ large will not gricve movement which will
tend popularze the usefulness Of the telegraph and
perhaps eventually render mails and Post ONCE but
cumbersome relics OF the past.
Until noon Lake shore remained remarkably arm
Ut 60A, but at thIstImc drive was made at II which
carried the stock down to 59a, at which il closed.
Tho stcadiness was imputed to tho efforts OF a small
coteric OF not worry formidable manipulators tho
decline the report that they had given up tho scheme
rs pad job.
Pacific Mall cratic al usual, took a counter dircc
tion the stocks we have quoted, under the effect
OF reports that Mr. Gould had to the In its
financial extremity, far this end OF the line, at
least is concerned The result mark the quota
tion up from l6s to 177s and to keep it there at the
close Faith, however, in a rcgcnerated prosperity
under It's present debts and state of litigation
is exceedingly slim, while hope for Its future
and charity for Its past about
they are in the cases OF individuals. Apart
from Eric, tho remainder OF the market
offered no salient features. Tho Tcutonic clc
ment. which has sedulousy been riding the
sthird rail the Anglo American fancy tumbled OF
to-day because the London price had tumbled first.
1t serious fall however, and before the close
Germany astrde its hobby again, as firmly seated
Is at the beginning OF the day.
THE SALES TO-DAY
Tho transactions at :he Stock Exchange to-day
aggregated COO shares, which were divided fol-
lcws:-Ncw York Central and Hudson, 453; Eric,
2s,3oo Lake Shore, %, 450 Northwestern, 16o0 do.
preferred, 900 Rock Island 200; Pacific MAIL 80, 200;
St. Paul, 1900; do preferred, 1900 Ohios, $500;
Western Union, 81, 400; Wabash. $50; Union Pacific,
p15 Michigan Central, 1900; Kansas and Texas ], 500
OPENING, HIGHEST AND LOWEST PRICES
Tho following table shows the opening, highest and
lowest prices OF the day