The New York herald., 1872-12-05

HScS OI 1901, IcSIsUcIcO, llV;s llVIs, uO w.,
coupon, 110k 1101a.
THE UNION PACIFIC RAILROAD.
The following is the latest circular report OF the
land operations of the Onion Pacific Railroad
Company
September and October, ls72-34,743
$5-loO acres, for: sls4,oss g
Average per acre re................... ~
Land grant bonds cancelled. ....... $4,000 90
Total sales to October 81, lS72:-
Average per acre. re.................. 4 "A
Lands belonging to the company re
naming unsod, 11,430,94S 7S-l00
Land Grant Bonds.
Total amount issued. 1o4oo, 600 90
Less bonds cancelled by
Land department. $1,lS1,ooo
Bought by trustees....... 1000
- 1,452,o00 90
Leaving bonds outstanding. ........... Ss4s,OO0 90
Lana Notes Hand.
October 81, 1S72-Principal Interest
not lncluded) )..................... $l,377,233 II
THE TRAFFIC OF THE ROAD.
The following is the Of1cial report OF the trafllc
OF the Union Pacific Railroad for October and from
January to October 31:-
Oct, 1871. oct, 1872
Earnings. ..................$777,S6 ,S62 $3.50, 706
Expenses. s*................. 1896, 332 53S, 1878
Net earnings. ........... $500 SAL, 1927
Increase gross earnings for October. $203 345
Increase net earnings for October. ....... 59,7S7
oss rs s. : ,s9n. 81 oc.. sas, s, 1sss. ! e
EARNINGS. 343, 60S $7.2l9,027
Expenses. 2,99s,15S 1885, 6407
Net earnings. 50, 346, 449 So, 49,, $40
Increase gross earnings TOR ten months. . 1875 4l9
Decrease net earnings for ten mouths. 212 S29
an az ss p &
Of blockade The increase Of expenses has
vent the recurrence of snow blockades
STOCKS DULL AND STRONG.
The stock market in its general features was
duller than during the earlier days Of the week.
but was active enough for q few Of the leading
spccialties such as Pacific Mail and Rock Island
The former was depressed by the pool, who took
advantage OF thin market late in the afternoon
to run the price down to s4zs, which figure was
the starting point by the way, Of last Monday
morning. when the pool in their operations were
surprised by the Presidents recommendation In
his Message OF general and liberal system or
SUBSIDIES
to steamship companies. The movement in Rock
Island was quite a sudden one, and lifted the stock
from 1114 to 114Z, reaction to ia occurring at
the close. The rise is attributed to purchases for
the Tracey party, although disclaimed by some Of
the members OF that pool. Certain outsiders who
were shrewd enough to watch the brokers who
bought the stock reported that they had traced
the orders to the Tracey pool. But II the move
ment has really originated with q combination
outside the veritable
ROCK ISLAND
pool the Stock Exchange need not TO be surprised
at early receipt Of the usual preliminary notice
OF new issue Of Rock Island shares The general
market steadily improved throughout the day, and
the change in the speculative sentiment was quite
perceptible. The depressing influences contained
in the Presidents Message and the Postmaster
Generals and Treasury Secretary's reports have
expended their power upon the market and have
induced
WIDESPREAD SHORT INTEREST
at a comparatively small decline. The cliques
would, at any time, have willingly consented to q
similar decline in the market for the sake of the
extended "shortn interest now in it, the forma-
ton or which would, If inspired by them have en-
tailed great sacrifice OF their .long' stock. The
postal telegraph scheme has been committed to
the Appropriations Committee, where it win lie
shelved all winter as 1t did last year. Erie was
weak with the course OF the London market and
went or to 52a. Harlem was steady at 1lS q 1ls1s.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest