The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-04
Stocks Irregular, with Declining Tendency
The Market Dull.
GOLD DECLINED So PER CENT
The Price at the Close 1l3-Money on Call
Loans 7. s and 3 1-2 Per Cent-Govern-
ment and Investment Bonds Easy.

WALL STREET,
N % IN NJ

MONDAY, April Do r. -
Money Il sX per cent Bank Of England rate likely
70 be lowered on Thursday, speculation dead and
Liverpool failures reported are Ingredients Of which
soday's Stock Exchange punch is manufactured There
much sour as in tho mixture, and the re-
suit was about as vapid as the blending Of alkaii and
acid In ssidlitx powder. The market cven wanted
the az Of the lister decocton, for besides u per
cent dip In Lake shore and per cena fall In Pacific
Mail there was not q sparkle OF ebullition in the
market Reasons for the decline in Lake Shore We
have already commented upon Causes Tor the fall IN
Pacific Mail additional weight oday in the re-
port that suits in the in Panama Railroad
likely prove adverse 70 the former corporation,
and to threaten ultimate proceedings in bank
ruptcy.
Whatever may DO tho truth OF the matter, the price
Of this once fAvore investment Selling at ISL against
$50 ten years ago) exhibits sad state OF things, which
bad management more than bad luck 10 accountable
Tor.
Eric was shade better In late dealings than 1t the
commencement, though confidence in the third rail
project 10 beginning 70 out like Bob Acres cour-
age In fact it confidently stated that the scheme
had been entirely abandoned, and that all hopes OF
future rise las based upon this intenton as hope
less an oyster crossed in love.
Western Union still drowses along, with no more
awakening to speculative o than opiumeating China
men TO the necessities Of daily existence. When
Gould gets rid OF his law SUITS and President orion
returns from his trip matters will probably change,
and in manner that will astonsh expcctant dealers
There simply weakening steadincss III such
Term may be used) in the remainder OF the usually
lctve list and prices recorded at the close wore not
materially below thosel6f tho best of the day.
The distrust in Michigan Central which referred
70 some days since, was observable in sales at sixty
lays short options at a concession Of y per cent
below the cash prices Tho recent falling or Of receipts
and tho desire Of German bankers TO get out Of
speculation, which Is uncertain to say the least have
undoubtedly something TO do with the present weak
OF the stock for the dsant granger stocks
They may be dismissed with the simple remark that
they thoroughly ignored As is poor relation,
and the antagonisc Potter and the compacant Vance
we're as utterly forgotten though they had lived in
the time OF the Ptolemies
The Investment stock and railroad bond list wore
steady because buyers and sellers were few
yels' visits and because prices now ruling so high
hat In the shape Of interest unsatisfactory
70 small capitalists.
There every appearance Of dull market for some
lime to come, with short crop OF profits both 10
mission and general dealers, but there s an all
pervading hopo in . coming change for tho better,
Ehch Il 10 trusted, will be satisfactorily realized
THE sALRs TODAY
The transactions at the Stock Exchange to-day ag-
gregated 122 900 shares, which were divided among
active securities follows:-New York Central
and Hudson, 500; Erie 17,soo Lake Shore. 81, 200;
Northwestern, 1900; do preferred, 500; Rock
leland, 1000; Pacific Mall 10000; St Paul, 500;
do. preferred, $500; Oh'os 1900; Western Union
1900; Wabash, 100; Union Pacific, 1900; c., C and
l. c. soo Panama $50; Missouri Pacific, $500; Union
Mining, 1000.
OPENING, HIGHEST LOWEST PRICES
The following table shows the opening, highest and