The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-11-16
FINANCIAL and COMMERCIAL.
Western Securities Generally Steady
Other Stocks Irregular.
GOLD ia "a A Ia 1-2.
Money on Call 2 l-2 and 3 Per Cent-Rag Pa
per S7.33-Railway and Government
Bonds StrOng-Another Call.
WALL STREET,

MONDAY. Nov I'D P NJ
When Count Smaltork assisted At Mrs Leo Hunters
Source he sapienty remarked that politics surprises
by himself" The members OF the Stock Exchange in
The ante, board half hour yesterday morning we're
equally inclined 10 come to the conclusion, as
CARDS tho action OF the Panama Railroad d.
rcctors on Saturday, the report surprises by
himself" Given steamship company with
a floating debt likely to swamp the whole concern,
borrowed money held al the mercy OF the lender,
uhps at sra morteaged 10 the builder,
and general ''sixes and sevens' OF
things and have the present status
OF the Pacific Mail Company. But the Panama
Railroad choose TO look at the light of these
facts through Tense of roseate hue II is matter
10 say they, that the Pacific Mail Company cannot
keep its head above water even on
monopoly OF business; there is warning in'its IN
satisfactory statements in the low price Of itssock
wc deal with the matter the principle OF "fncrS
a non Incendo;" look at The matter
through the big end OF Geld glasses ana the DIFF
hculties seem very small indeed. So our committee
reports that we have no hard feelings against Pa
cinc quite the contrary, indeed We only mean
TO help them carry such load Of traffic as their own
strong back cannot bear; in word We mean % be the
5ood Samaritan and by means the unpleasant party
who passed on the other side
sswalk up" say the Panama directors; ''observe rs
is to be profit buy packages, every one Of
which contains prize
Extraordinary il may appear. Panama prize pack
ages opened decline Of about Ave per cent, and an
unapprccativc public was doubtful the unbcliev-
ing Simeon.
s'Vogue la garere," which may be rendered "Kccp
things moving the watchword for the opening Of
the market yesterday. In obedience thereto Pacific
Mail under the Panama opposition suffered sudden
- A.~Ifr 1ttt Ia
almost all OF whom keep the chief operators books,
and therefore, know exactly how they stand elected
that Mr. Park, the President Of the Panama Railroad.
had not yet covered his shorts and thercupon 10 make
things pleasant him. engineered rise as sharp as
had been the previous decline. Union Pacific was
not allowed 10 sympahze with Pacific Mail, as IL,
should have done but under the pea and hmbe bust
ness started up from 73la 20 "a and almost I
quickly fell ~ when few shares OF real stock
were offered for sale
The Ohio and Mississippi hook received fresh bait
yesterday and advanced nearly thrcc-quarters ,
per cent nearer the noses OF the Montreal
trouts A bite is expected during the week.
Lake Shore to have got into rut, slough OF
dcspond. which even our young operator, as the
infant Hercules. fails TO extricate it from.
Acrimonious operators say that it must be not work
under the scalskin coat-this endeayor to move the
uock-and that the hirsuc garment has been Land
aside IN camphor as useless since nobody can
be found willing TO sfrceze the security pres
ent figures. Beyond dash at Northwestern common
by Mr.. d. p. Morgan, who is contented to turn flip
naps on the market fo- half per cent profit,
md some little strength in Western Unions, OF which
moro anon the Board closed up with fair days busI-
at sustained prices In answer to inquiries con-
corning the right OF the Panama company build and
navigate steamers examination shows that
IL is clearly allowed not only by the original charter
but by subsequent amendment to the A
despatch from Washington states that the
United States Supreme Court did deliver any
opinion in the Union Pacific Railroad case to-day
Ono OF the justices authority for the statement that
all the reports relative 10 determination OF
the case BY the Supreme Court without foundation
1884,. Hannibal and ST. Joseph stinened 23K tho
close. after an opening at % Tho Producers Land
and Petroleum Company stock which has Just been
placed the list, advanced from 81 u TO 92k The
other changes not important
THE SALES TO-DAY
The transactions at tho Stock Exchange today az
greeated 1856 900 shares New York Central and Hud-
SON 30s; Erie $500; Lake Shore 100; G and Pitts.
burg 49, Northwestern II, 600; do preferred BOO;
Rock Island, 500 Pacific Mail, 20 200 S. Paul. 5, zoo;
do preferred, 2,4oO ohios, 13. $50 Western Union
27osO; Union Pacific, 100; G., {. and !. G., $50;
Panama, 321; T., l. and W., 1927; Hannibal and St
Joseph. $500
OPENING HIGHEST LOWEST rRIcEs.
Tho following table shows the opening highest and
lowest nriccs OF tho