The New York herald., 1875-12-07
FINANCIAL AND COMMERCIAL
Stocks a Trife Stronger and
Slightly Feverish.
GOLD la IA A ia l-2 A III 3-8.
Money Oh Call Easy at 1-2 and 4 Per Cent
Government and Railway Sc
curities Steady.
WALL STREET.

MONDAY, Dec, Go T. M
Few stock brokers have been fortunate enough these
past two years to find their nightly couch bed OF
roses Most of them have had to put up with flock
mattress something worse and the annoyance Of a
crumpled leaf has been dream OF inconcevable
luxury.
Up to midday stranger would have imagined from
the intensity of dulness that prevailed that members
had buA just risen from some couch of poppies, had
rubbed in the waters OF Lehe and breakfasted upon
bountifu repast OF lotos leaves The whole market In
a word was narcotic and somniferous But shortly
after the change which the poet sings or came over
the spirit OF this dreamy of things and matters
began to wake up. The first stock to throw open the
shutters to the light of coming activity was our old
fayorite Lake Shore. The chief brave attached to
the lodge of the 'big Injun," Jay Gould,
in all the pride Of paint feathers showed upon the
warpath personally, and all the little 'Injunsn
claimed in their native tongue, 10 look for
scalps" Taking these trophies the price of So it
was not long before the other big Inuns scented the
fray from aiar, and they soon Joined in the scrim
mage.
hr. Merryman shed his motley and donned the garb
OF the noble savage and the young operator dvested
or his hrsute attire and "accoutred as he was
plunged the melee thirstng for pride OF place and
profits Even the Teutonc element forgot its proverb
ial stodity and took hand in tho struggle and SO
the fancy, and the price from SO oo reaching
which figure the gong sounded cessation OF business
Tor the day.
1t was clear of Greek joining Greek or rather
pull together OF all the Indian CHIEFS and the results
were undoubtedly satisfactory The intent of the
movement, however is not clear, and there is much
comment as to the animns which actuated it. Whether
u be concerted movement of the great Mogus of the
street, based upon apparent price OF the stock
an expected favorable report and promised dividend
or whether It be simply twr upward for the purpose
OF strengthening the general market and thus organ
izng eligible basis for sales arc queries to which
day twos business will probably afford an answer
Ore thing certain that the rise Lake Shore vsiby
stimulated the rest of the market stocks generally
closed with feeling of buoyancy strength that has
oeen conspicuous for its absence for many day past
during the dull hours Of the morning the discussion
oI MT. Gouds course in refusing to honor call upon
nm 70 deliver certain amount Of Union Pacific stock
was matter OF much comment in stock circles As
nearly as gather the story seems to be as fol-
lows:-When Union Pacific was selling at 65 Mr. Gould
banded TO an eminent ex Judge who at tho same
Ame his own legal adviser, privilege call during
certain period and at the figure of 500 shares
OF the above stock. There was no money payment
made by the illegal adviser for this CALL but he was 10
FENDER an equivalent in the shape OF informa-
hon as 10 the decision TO be rendered by the
supreme Court at Washington. For reason thu
sa passed from the hands OF the first holder those
third party, and on Saturday the demand made
npon Mr.. Gould for the stock and delivery refused
The amount Of money in dispute at Saturdays price
probably amounts to some SO 600 Mr. Gould alleges
IN explanation, that information was given az
promised and that the matter being private one be-
tween himself and his lawyer, the documentary call
improperly passed out OF the possession Of It's original
owner
The quarrel pretty one as stands but it may be
exact status OF contracts known 'puts and calls
Union Pacific first weak at Tx q
76k, and then steady at II Tx until noar
the close, when 7sH bid, with no sales
Northwestern steady at 80 3s7S 39k while the
preferred after remaining quiet at 541S 54x sud
denly at the close spured to 551 ST. Paul sold 35
Sc 35k 36K and the preferred at 66 661s. Michi.
gan Central nucuated between COX and 61 -, showing
considerable hrmness small amount Of trading
Pacific Mail after opening at 4OA and selling at 40,
manipulated at about 4O1 until the close be.
came valuable at Il AK. We understand that a
meeting Of its board OF directors called for to-day
at Mr. Gould's house The remainder of the list pre-
sented material changes
rHE SALES TO-DAY.
The transactions at the Stock Exchange TO- day
aggregated 1lo6oo shares, which distributed
among active shares foows:-New York Central
and Hudson, 36o; Erie, 1885, Lake Shore As, 200;
Cleveland and Pittsburg 400; Northwestern S10o do.
preferred, $500; Rock Island, 100; Pacific Mail,
81, 800 St. Paul, lloo; do preferred, 1850; ohos
$50 Western Unon 1O,soo; Wabash, 2oo Union Pa
cdc $500 Panama, 400
oPENISc LOWEST PRICES
The following table shows the opening, highest and
lowest prices Of the day
Oneninq Hiqhest LotcesL