, 1865-12-23
CUB NEN YORK LETTER.
General and Holiday Gosssp-Plnancte1
mud Stock NeWB-The Prairie du Csaen
ACKNOWLEDGEMENTS Statistics -
The Pennsylvania Central.
Correspondents Of the Chicago Tflbune.l

ueut may be compared to railroad. Ihe
mnnagcrs enjoy fat salaries, live in the best OF
style, md enjoy Nle equally we'll whether the
concern ia paying or not. Their family rela~
tiycs end friends have free passes, and occurJ
the best places either rs ofHce-holdors
Throughout the country, or as "passengers."
The bone and eineW, who do the hard Work
In any capacity, and make up the revenne,
must pay as they 20, full fare, or not 60. The
middle classes and the masses IN comfortable
circumstances arc merely passengers, nnd all
rush for the best car and best scats-they want
fah time, no matter ut what cost. A stroll
along Broadway or Fifth Avenue at the
proper time, when the cite promenade;
. p1trate interview with the statesmen IN
gents and ladies' furnishing stores, an hour In
the jrN elry stores, &C., where one witnesses
the almost fabulous prices paid for dress, will
convince the observer that the fashfonables OF
New York have no regard for economy, and
that 1t matters little to them what the amount
cities, there 1re almost countless numbers Of
deserving poor, and in many instances they
could be relieved, and placed beyond waht,
and made Industrious and honorable members
Of society, by the judiclous expenditure Of q
rnoiety Of the time and money so lavishly
FILTERED away By the dcxotees Of iashion.
Numerous ns nrc the charitable institutions
Of the city, there Is scarce day but unfor-
tunctc poor persons die in cellars and novels,
from sheer want, After dragging out q MiscT-
able existence
We arc in the midst Of the holidays.
Thanksgiving was very generally enjoyed.
Eyc.Jb body ID now looking ahead and pTepnr-
ing for Christmas, and business, already very
dull, will increase in du1lness until after New
Years.
Pcnt-up citizens Of Now York, true to
nature, relish sport, and have voted skating
.healthful and rational exercise. III the city
the principal "rinksn nre at Central Iarl,
where am informed by ono OF thee Central Park
police forcc, as many rs 81, 900 pcrsous were
i.iE surface las been considerably increased
this winter, and arrangements for comfort ere
fer mole complete ll,au last year, The five
acre pond Is Oh limo with sixty-FiT5t street,
md the new buildings Just completed. At
tie Central Lake ncy buildings have also
Gecu added. Hn1lcm Lake embraces II acres
--{ocatcd at 110ih street, between Fifth and
Sixth avenues. Professor Lowe has flooded
his amphlthcatre, and IS offering q bill Of
attractions, including balloon ascensions in
pleasant wtatEer. The Fifth nvcune rond Ia
very exclusive, and complete in all its ar
ranSc1nents. There arc also two Ane ponds
In Brooklyr-tbe Washington aud the. Union
-ttAtl5 AL VA4GC$ Nalyt Ao%okSA A%'aAA+AA5 S<SS
FINANCIAL MATTERS.
Transactions in financial circles have been
very materially enected by tho report Of the
Secretary Of the Treasury. Specu1stors are
not 20 reckless, aud the attendance ut Tho
opeu board has fallen Of in numbers, aud de.
creased in interest during the past week. Be-
lieving that money is steadily to Increase Ii
vuluc, buyers OF al commodities are prudent
md cautious. Merchants arc Offering their
H. ffr tnnAr fndr al
tho city. Thew is At an end, aud war prices
should be. 4 million Of men who were o yeaz
ago In the army, and then consumers, hart
resumed thclr places in Industrial pursuits
and arc now producers. This fact alone
wot,ld ere long insure ] decline IN the value oi
all commodities.
THE PRAIRIE Dc CHEN "conSEn-n
You know something OF the unprecedented
ADVANCE in Prairie lu Chien stock, last month
Tut there Gro some facts connected With tlt
transaction which nfc not generally known
except now (too ;ate) by the ''cornerel" elect
/ will mention 10 names, nor can now g1vt
the precise quotations; but m outline Of tht
,aodus oferondL Having determined to MAKE
| "coEner" to catch certain haukerd anG
brokers who were 30 unfortunate as TO be Ia
| strumentai (us stcckhol1ers} i.l making c
| change in tic Presidency OF a prominent New
| York railroad, the agErieyed party and hi
| particular friends purchased the pgiucipa
| part Of the Prairie du Chen stock then il
The market, ut about 81 cents. Having don't
this, the next step was TO start the "Prntr1t
Dog up. For two or three laysit advanced
ernlunlly TIL II reached IS or GU cents. Thos.
not In tho secret saw no reason f0r this ad
vnnee, md were confident 1t could not &
much. higher. So, when q proposition wnI
made by r. & Co. TO purchase few thons
and dollars at SIS cents, three days hence
Com: V. and Its friends, as fast IS applied to
swallowed the bait, hook mud all! They
looked upon this as rare chance for specu
was rampant -aeeelerating IN specd-and a
the lest board on Saturday closed at upward
of 100. Still, every one but the msnngcr1
considered this its maximum, and deferred
filling their contracts at such loss, prefer
ring 10 take the risk OF IN almost "ccftalt
must be filled, this stock was run up to tn
unprecedented figure Of $50! Of coursc, tn
loss was vcry great to v. aud his anpcs
friends, while tho ex- -Kallroad President made
II is said, upwards Of s, OK, 900 BY the opera
tion. A dozen or moro prominent broker
were badly bitten By .'Pfairie Dog" Seyera
country banks suffered, but tue most depIora
bic result nay not be stated Hon. Frestol
King Is said to have been heavy. loser
Some OF tue losing parties have brought sui
for ffnEd, upon The ground that the party VIII
contracted to bny had Intentionally placed I
out Of their power to comply with their con
tracts by buying up The stock. The cases thu
far decided a1c asain5t the "corncr'' build
cfs, and other suits VIII follow. II Is rulnore
tha, certain parties who suffered most severe
1y fiom thydrophobla on Wall street." con
template Publishing history Of the who'
transaction, which will bring to light strang
dcyc}ol nents in tic no1us o1,erdHdi Of stocl
uent, sanct1moniors capitalists.
| OIL AND NfS1S6 STocES,