The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-06
FINANCIAL AND COMMERCIAL.
Stocks Heavy, Transactions Moderate and Prices
LOwcr-Bcars on a Raid.
GOLD ll2 rs A liz SIS A III rs.
Money on Call Supplied at 3 and Per Cent
Foreign Exchange Quiet-lnvest-
ment Securities Easy.
WALL STREET.

wEDsxspAy, April SOP. NJ.
The bulls which ragged furoasly last evening as #
they possessed the eminent domain IN succession
OF china shops turned out to be short horned lot
alter all
Commencing at yesterdays prices the market was
fairly steady for the moment but speedily commenced
10 YIELD and finally wound up in the Same sckly
diion that has characterized IL for days back Lake
Shore, which was the head and front OF yesterdays
rsc opened bravely at 81, but from that point gradu
ally fell OF to tho closing figure OF 6ex. Erie, West
ern Union and Pacific Mail followed suit though In
less important way, and the only irumps in the pack
in tho hands OF the st. Paul fancies, which,
amer scoring higher figures at time, finally closed
She game fraction ahead of the opening.
Tho whole hoist In the market founded upon in
timidation, and feeble bears bore the brunt OF the
attack. In fact each days business is but the record
Of petty struggle between the opposing animals, and
Nc situation continues Nat enough until Taurus Maxi
Ursus Major tired OF inactivity, makes a dash
1t his feeble adversary. So the "sprng rise" which
somc Of the hopeful thought they had discovered in
yesterdays advance turned be little better than
Z scare on the part OF ephemcral shorts, who
driven 10 like Renard when 'srray, Blanche and
Sweetheart his trail and the scent lies hot In
word the market is market Of huckstcrs and deal
lngs are OF the most retail description. Meanwhile,
tho wealthy and powerful operators keep aloof and
content themselves with occasional swoop upon tho
quarry las did yesterday with tremendous scattering
Of feathers and satisfactory securing of prey. SO
adocscent bears and bulls low and growl in youthful
fashion and daily fall victims TO their nsatate foes
Pacific Mail TO be thoroughly watcrlogged and
sunk down to-day IS the lowest figure history.
No amount OF pumping with all bands at the brakes,
veems be OF avail TO keep the storm beaten vessel
lnoat, and appears TO be only question Of time
when tho unfortunate craft will sink utterly out Of
sight,
Holders OF New Jersey Central were not so anxious
10 keep their grip OF thor favore investment and
goody lot OF long stock appeared for sale with the
suit of reducing quotations TO par dividend The
company deserves the credit at least Of making ap
parently fair and square exhibit OF its condition albcit
. somewhat Disappointing onc); but stockholders gen.
orally will much stronger before abandon
ing faith in of the best managed roads in the
country
Western Union fell Off from IS TO 6Sll, in sympathy
with the rest OF the market but did exhibit any
special features The prohibition obtained in Phlade
phia yesterday against further increase OF poles and
wires in the public streets may find its imitation in
his and other largo cities; but far elect has
been produced upon the stock
We have noticed the features of individual active
ytocSs pass others by dull and unattraclvc In
single sentence have simply state that the
market opened u or hopes and closed with disap-
poinment
THE SALES
aggregated 40 shares which distributed among
active stocks follows Erie, 20, 200; Lake Shore,
IS so0 Cleveland and Pttsburg, 400; Northwestern,
s00 Rock Island 600; Pacific MAIL 2o4oo; ST. Paul,
p,6co; do preferred, 10000; ohios, 400; Western
Union 500; Wabash. 100; c., G. and c., $50; Pam
anna, 200; Michigan Central, AGO; New Jersey Con-
trial. ], 900; Missouri Pacific, 1000.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening highest and