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The, Mishaps and Misfortunes When Have Pursued Stock Speculation Tight Money, Defaulting Cashers and Broken Banks. PACIFIC MAIL A FINANCIAL JONAH. The Money Market for the Memorable Month of April, 1873. SATURDAY'S BANK STATEMENT. WALL STREET SUNDAY, May 4, 1873. The career of the stock market the past week, and in fact for a series of weeks, has been anything but remunerative to the OPERATORS FOR A RISE. From day to day the most rational calculations of a better state of affairs have been defeated by some mishap or accident as mischievous as unexpected. The market has been like those unlucky people whom everybody's experience is more or less familiar with in everyday life. No matter what opportunities are afforded, no matter what help is given them, they are always breaking down and getting in trouble. The stock market ought long ago to have been in the smooth water of easy money and sailing on the buoyant tide of THE SPRING RISE. But something kept turning up. In the first place, the money was blocked in the remote interior of the Western States, and withheld for nearly two months beyond the usual time. Then, when it began to reach us the cliques locked it up or sorted out the greenbacks and sent them out of town, and so kept the banks a good deal poorer than poverty. Then the cashier of the Atlantic Bank defaulted and the bank broke, and every depositor in the city began to 1ear every other cashier would default and every other bank would break. A small run on the Continental and Manufacturers and Merchants' Banks was the consequence of this APPREHENSION, the public mind being assured only when the Clearing House had passed upon the solvency of the banks last mentioned, and declared them in good standing. With this matter settled it was thought the situation was all right. As the poet has told us, man isn't, but always is to be blest. By Friday the money market had settled to comparative ease, and the Spring rise seemed at hand this time, a sure thing and no mistake. But alas for the trusting faith of the bovine herd, the wagging tongue of scandal began to make free with the fair name of several of the biggest houses on the street, "for whom could you believe sound after the failure of Barton & Allen?" Rumor even went so far as to say that COMMODORE VANDERBILT had fathered the difficulties of one of the half dozen or more "Vanderbilt houses," and, acting less impartially than in the Barton & Allen case, had opened his purse strings and loaned his posterity a million or two of dollars to help them out of their troubles. To cap the climax, on the last day of the week the street, with a Paul Pry mischievous shrewdness, scented out the alleged embarrassment or Mr. Stockwell, a heavy operator in Pacific Mail, and, watching his movements as closely as though they were his creditors. jumped to the conclusion that he had failed. Something of this reBult had been anticipated early in the week, ac counting for the weakness in PACIFIC MAIL, the price of which declined about 21/2 per cent up to Friday night, and fell 6 per cent more during the excitement on Saturday, occasioned by the reported failure of the party referred to. In the semi-panic following this tumble and the rumors of impending bankruptcy in the case of several prominent brokerage firms, the market declined quite seriously, touching, by the one o'clock Board 01 Saturday, the lowest prices of the week. The greatest fall, as stated, was in Pacific Mail, which went down 8 1/2 per cent to 493/. The next greatest was in C. C. and I. C., which fell per cent to 3234. Union Pacific and Ohios went off about 4 per cent, and Ohios 3 per cent. The other fluctuations were confined within a range of a 2 per cent. WESTERN UNION TELEGRAPH being exceptionally strong and rising to 86 1/2. The publication of the bank statement, with its excellent showing, checked the decline, and a later relaxation in money caused a reversal of the course of the market, which assumed considerable strength in the last few minutes of business, the rally being helped by a rumor that Messrs. Horace F. Clark and Jay Gould had agreed to assist Mr. Stockwell out of his difficulties. The bank statement was the real secret of the reaction, however, as it promises an immediate future of easy money. The rate on call during the week ranged as high as 3/4 per cent a day, but declined to as low as 5 per cent per annum, both being abnormal EXTREMES. It would be hard, however, to say what the average was. The month of April was the most stringent in the history of Wall street. The rate on call for the thirty days, according to calculations made by several brokerage firms, averaged about 43,per cent, or about 54 per cent per annum. Commerciar-paper was nominal at 9a 12 per cent discount. Gold WES weaker under the disbursements on account of May interest, and declined from 1173 to 116% 3 reaction to the opening point being occasioned if the middle of the week by a decline in London prices, the result, in turn, of apprehensions of civil was in France. LATEST PRICES OF GOVERNMENTS. The following were the closing prices for government bondy Saturday evening:-United States currency sixes, 11434 a 115% do. sixes 1881, registered, 1171/2 a 11734; do. do., coupon, 1203 a 121; do. live-twenties, registered, May and November, 1141/2 a 114% do. do., 1862, coupon, do., 114 1/6 a 11434 do. do., 1864, do. do., 114 1/2 114%; do. do., 1865, do. do., 11736 a 117% do., 1867, registered, Jap aary and July, 11734 a 117 % do. do. 1865, coupon, do., 117 1/2 a 11714 do. do., 1867, do. do., 1193 a 1191; do. do., 1868, 1173 118; do. ten1orties, registered, 11114 a 111 1/2; do. do., coupon, 1131/4 118% do. fives, of 1881, registered, 114% 114 X do. do. do., coupon. 11414 114% THE COURSE OF THE GOLD MARKET. The extreme fluctuations daily in the price of old during the week were as follows:Lowest. Highest. nday 117 1173 Tuesday 117% 1161/4 Wednesday