The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-13
FINANCIAL AND COMMERCIAL.
The Stock Market Very
Active but Steadier.
THE WRECKERS MEET WITH "A REPULSE.
Money 4 g g Per Cent on
Call.
GOLD lO5 7-S A LOG l-8 A LOG.
WALL STREET. I
THURSDAY. April 1916 p. NJ. !

THURSDAY, April 1876 p. N.
Yesterdays eruption in great measure, subsidized
to-day, though there not wanting times when
appearances OF . fresh outbreak were threatening
enough. Tho ground occupied by the Western and
coal stocks was no safe abiding place for tho
speculator OF average financial responsibility,
unless he wero spry enough to effect
change OF base when the spot grew hot un-
der his teot. This It did frequently through alter.
nations prices, VIII ch often enough and rapid
enough to keep tho souls OF bulls and bears vibrating
between ecstasy Of hope and paroxysm of terror
The game OF speculation was being played upon blue
day, with blue surroundings and ccruiean chips only
were tho mcto and fitting expressions OF opinion.
Sir goes without sayng that stocks which created
the hubbub yesterday kept up the racket to-day, and
accordingly popular attention directed to tho
OF such shares had been brought into prom
nencc by the events OF the day before. The positive
denial Of stories pointing to receiver for Delaware
aud Hudson aud tho declaration from Official sources
that tho Lackawanna Company was in no financial
stress restored confidence In great measure in these
securities and early hours created better range OF
priccs
subsequently quotations declined, and through the
rest Of the day performed baltedoor and shuttecock
movement which landed them triae better than at
the close yesterday
1t appears by a letter OF Mr. Gowan, published this
Ii not to be trusted the ''honor bright principle
after ALL but that sort OF police system is to be
devised to prevent surreptitious cheating
A ''cop" with q club, to arrest fraud In the coal
Trade will be feature at novel and uncompli-
nentary
The soreheads In Northwest and Rock Island
hibted their hurts by further selling down Of these
properties. The latter time especially weak
from natural solictude concerning the present ocal
habitation" of the company's 10000 shares. Any In
formation to whether this block Of STOCK Ia still
locked up in tho companys Golfers, or has been per-
mitted TO wander into tho dangerous precincts OF
speculative margins, win be gratefully received by
stockholders and stock gamblers alike
AS the day nearnod It's end considerable effort was
made by tho bears who feared that Thugs might BIO
carried to extremely to rally the market and with such
success prices all around and affairs
closed up under decidedly the cheerful feeling Of
the day.
THE SALES TO-DAY.
The sales Of active stocks to-day aggregated 253000
shares, which dstrib uted follows- New York
Central 1900 Erie. 800 Lake Shore, 50 500; Wabash,
100; Northwestern, $500; d. preferred 1870; Rock
Island 49, $50; Milwaukee, and ST. Paul. $500; do, pre-
rerred, It. 700; Pttsburg 635; Delaware Lackawanna
ana Western, 49, $780, New Jersey Central 1000; Della
and hudson Canal, 42,sso; Morris and Essex,
1896 Michigan Central IT. 45O Illinois Central 200;
Union Pacific 500; Hannibal and ST. Joseph, 400; do,
preferred 2oo Ohio and Mississippi, 1000; Western
Union 49, $50; Atlantic and Pacific Telegraph, 1,400;
Pacific Mail, 1900; Quicksilver, 100; Adams Express
2O0 American Merchants Union Express, 2O5; United
States Express, $780,
OPENING, HIGHEST AND LOWEST
The following table shows tho opening, highest and
lowest prices OF the day:-