The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-11
A Break in Rock Island and
Northwest.
GOLD los l-S A l05 IL A los 3-S.
Government, Railroad and State
Bonds Higher.
MONEY ON CALL EASY At 3 IL A 4 PER GEN.?
WALL STREET.

TUESDAY, April l0-6P ~
Not even tho political news, which still comes to-day
in threatening shape from Europe, has any Pcrcept-
ible effect upon the tor railway shares Cereals
have improved and the price OF gold has advanced
but the great lines Of traffic. which TO be especially
benefited by the transportation OF produce TO the sea-
board Tor shipment, refuse to respond. The rumor
alluded TO yesterday regarding the leasing OF Lake
Shore by Central and Hudson this morning
worked up into a plausible shape, details being given
as 10 the percentage of rental and the exact amount oil
stock acquired by Mt Vanderbilt in iurherance OF the
scheme duly stated Perhaps onehalf per cent or SO
was squeezed of the Shore line in tho way
OF riss by the ingenious invention, but
believers werc few and stock plentiful, and
tho price shortly fell back TO opening hgurcs. Vi
moro serious moment was n real sensation provided
by break down Rock Island and Northwestern
shares The first named declined from 96 to "a, and
of tho second tho common sort fell from 81 TO ~,
ana the preferred from 4szs to 46s. To account for
this there were plenty of slop- shop reasons, ready
made to suit the tastes OF inqustve operators and
OF these the following received chief credence:-
FIRST that Mr. Tracy desperately III, II not de-
ceased and second that certain bank holding these
stocks colaerals against loans had called In the
latter and compelled forced sale OF the securities BY
way of lending additional pungency to the sensation,
IL was whispered in Thespiau way) that prominent
operator 'Changc had come 10 grcI tnrougn INC
compulsory process aforesaid We have reason TO be-
iieve the report to entirely unfounded, and the
subsequent rally although OF moderate proportions
confirms the impression. fall back on the part OF
Burlington and Quincy from 1921 to 100h was re-
rarded as suspicion that the entente cordsde between
this company and Jay Goud's Western combination
was not so we'll founded had been represented, but
nothing definite was known about the matter.
Tho market closed nearly as 1t had opened, the cpl
lode referred being the only relief TO what would
otherwise have been a state of supreme dulness
THE TO-DAY.
The sales to-day aggregated 1927 shares, which
were distributed ioows:-New York Central IL, 666;
Harlem 500; Erie, 200; Lake Shore, 1900; Wabash,
300; Northwestern, 300; Northwestern preferred,
1885, Rock Island 1880; Milwaukee and ST. Paul.
500: Milwaukee and St. Paul preferred, $500; Della
ware, Lackawanna and Western, 81, 400; New Jersey
Central 1000; Delaware and Hudson Canal, 4,si4;
Morris and Essex, $50; Michigan Central $500; Ii-
NOS Central 1850; Union Pacific, 500; Chicago. Bur-
lington and Quincy, $40; Ohio and Mississippi 800;
Panama, 200; Western Union, 57,4oo; Atlantic and
Pacific Telegraph, 154 Pacific Mall 1850; Quicksilver,
200; Adams Express, 2S5.
OPENING, HIGHEST AND LOWEST.
Tho frl,owng table shows the opening highest and