The New York herald., 1874-12-09
WALL STREET WONDERS.
Pacific Mail Meeting-MaripOss ,minins
and Qutcksilver Qusrrels-Iht .Fresi-

Pacific Mall Neutrality-suspicious. Mining
and Qutckstlver Quarrels-Ih1 .Prcsi-
dents Message.
Yesterday In Wall street the brokers were t,sy
IN discussing the Presidents Message, the PasrAc
Mail quarrel the Mariposa Mining muddle and the
Quicksilver quarrel. In regard 20 the recommen-
dations OF the Executive the opinion OF financial
men generally seemed to be that however desira-
ble the return to
M SPECIE PAYMENTS
might be, the means proposed to that END were
totally inadequate and impracticable. 1t was gen.
orally conceded that further innation OF the cur
rency would be unwise and dangerous but ex-
actly now the millions OF "bills payab.en OF the
nation were 20 be met was q problem that puzzled
Wall street
The wrsngle In Pacific Mail assumed something
OF the udicrous The directors OF that company
in their meeting In the afternoon voted TO con.
tinue Mr.. Hatch as Managing Director and con-
stitnted him the executive ot1cer OF their board.
When the HERALD representative visited the
ornces, No. So Wall street. he was informed that
the report OF the condition OF the company would
soon be given to tue public-after passing through
the Auditing Committees hands-and that 1t
would show tnat the recent statements OF It's
liabilities had been or osalY exaggerated for stock
JoDDlng purposes. At all events, the natural pre-.
sumption would be that gentlemen OF such estab.
lshed character as Messrs. Alexandra, TapscOtI,
GulOn anu otners would not lend their names and
endorsement TO an enterprise In the con-
ditlon Pacific Mail is said by It's enc
mics TO be. Mr.. Johnson, the Secretary OF the
company, mas rendered ms resignation In order to
take the position OF cashier or the New Jersey
Central Railroad, but it has not been accepted.
Mr.. ". Il. Fogg, the new Director, accepted mis-
position and acted with the Board. II IL under
stOo0 that Mr. Ruius Hatch at IN early day Will
reply 20 the personal statement OF the ex.Presi-
dent and that the developments which led to the
resignation OF that gentleman will be set forth in
full, and perhaps be exceedingly lively reading
director OF the company was interviewed BY
the last statement" He said, In e1ect:-"l care
nothing for the quarrel between Hatch and Sage.
l own thousands OF shares OF the stock, and all l
desire IS to have my property protected and rem
Nothing new was developed IN the
hARiP0SA LAND AND MINING COMPANY
or the injunction obtained against them on Mon
day In chambers OF the Supreme Court by Mr.
visited Mr.. +. B. Wallace, the Treasurer, No. 20
Broad street, VINO said there was nothing new.
Mr. Kelly sues as the holder OF over $50O0, 600 lpar
value) OF the common and preferred stock OF the
company, held for an Indebtedness OF about
$150,00O, and claims that the company intend TO
make the stock worthless and absorb Las Mari
posas estate in California on the l4th OF this
month the dissolution or continuance OF the IN
Junction Will be argued. The STOCK, having once
sold as high as $24 per share, Is now quoted at
about 81.
Mp a THE QUICKSILVER MINING COMPANY
Is still IN hot water IN regard to the injunction
granted against the miscegenaton dividend by
Judge Donohue. Daniel Drew and others want to
assess the common stock tribe and pay divi-
would not have it SO and last week nOurished an
Injunction in the lace or the veteran speculat0r,
VINO Is said to control the fortunes OF .Qulck.
silver" Mr.. David Mahaney. the Secretary OF the
company, SAID yesterday thai affairs were In stdtu
quo, and the advlces from Philadelphia are that
no s.blacK stock" or original stock WAS Offering.