The New York herald., 1875-10-23
FINANCIAL and COMMERCIAL.
The Stock Market Generally Firm
Business Exceptionally Active.
GOLD RECEDED TO lis IL A 1l5 5-8.
The Value Of Rag Currency S647-lnVeStmsnt
and Government Bonds Steady.
WALL STREET,

FRIDAY Oct. 22-6P M
The stock market to-day unusually active, the
transactions amounting TO 35l 900 shares SECURITIES
heretofore comparatively dormant we're sympatneI-
caly stronger The advance, however, Is not OF
character that warrants a change in the opinion which
has been expressed this column for the last two or
three months The condition is purely artificial,
orces are being worked up by mere force Of concen
trated capital and thero is bold attempt 10 walk
stocks into public favor stlts Without therefore,
regarding the auctoneers Of the Stock Exchange
may for the moment bid or ask for their favores We
repeat that in the he will dnd himself fortunate
who ignores temptation, withholds support from
the pending game, and leaves the gamblers OF the
street delude themselves in their way with their
loaded dice 1t is easy matter TO daub the days
with attractive colors but the picture imper
feet and false When 15 600 shares OF Pacific Mail are
reported sold in the face of the recent revelations of
Vice President Scott and OF other statements yet to
be made II is to the common mind more like poultce
than paint Concerning the document which has been
expected from this Official before his next departure for
Europe and in connection with tho present attempt to
push tho stock more into public favor
we learn through confidential sources that well
posted members OF the company with reference TO the
purposes of the know nothing OF any report that
is likely be made and have nothing either favorable
or unfavorable communicate. STILL 1t is said that
early and very favorable statement will be made as
soon the public able to appreciate the ruth"
The speculative community must draw Its infer
ences Activity continued in Lake Shore; but 1t is
intimated that the principal bears having covered
GONE of the members Of the pool have gracefully
retired with their profits and sellers OF the stock
II is also alleged that order to make the
shares appear they were borrowing
at the same time that they buying An mpor-
tant decline occurred in Illinois Central to-day, from
92 to SS Recently this stock selling at 102 The
of weakness ascribed to the fact that the
pany have disposed of of their choice lands and
embarrassed by Washngton dispatches saying that
the of Internal Revenue decides that the
received by the company from the sale of sub
sdy lands, where sold time Is taxable earnings
Of the company Missouri Pacific declined to 9H,
after sales at H. Atlantic and Pacific preferred
sold at AZ Az. Hannibal and St. Joseph opened
at 1sA and ended at 177S. Ohio and Mississippi
receded from Tx to 16H a 16%. Wabash
was nrmer at g. New Jersey Central, New York
Central Rock Island and Delaware and Lackawanna
were generally steady; Western Union strong on
advance from 757s to Tx; Northwest common,
after sales at &c. advanced to 37sS ending at 37A At
lanc and Pacific Telegraph closed at 19h Canton sold
down &c. other stocks including active securities
will be found reported in the tables Immediately follow
ing Before reading these interesting records, how
ever is well enough for the enthusiastic bull to recall
the fact elsewhere noted that the commercial failures
for the nine months of this year exceed by $13 900
the failures for the period last year. The figures
arc officially given by commercial agency.
HIGHEST AND LOWEST PRICES
The following table shows tho opening, highest and