New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-11-30

Government should withhold all moneys earned by
the Company for Government transportation, to be
applied to the payment Of the interest and prncpai
of the bonds. In 1864 an act was passed by when
the Government should withhold only onc-haf OF
the transportation money. In 1871 the Secretary OF
the Treasury, having withheld the whole, was IN
strncted by resolution of Congress To pay the one
half, provided by act of 1864 Still later, IN 1870
the Secretary was directed by act OF Congress
10 withhold all payments to the Company Tor trans
poration TO the amount of interest paid by the Gov
eminent upon its bonds issued to the road, and pro-
vded for testing judiciay the right OF the Company
to recover the same and the right of the United
States to recover back its advances. The Court Oh
Claims decided against the Government ana III iaVoi
Of the Company in both cases, the Judgment Oh
the Court being "that the claimant recover
of the defendants the sum OF Sol2,63Z %
THE amount then withheldl, and that the
claim Of the defendants be dismissed" lhis
decision has been affirmed by the Supreme court
with the amount earned and withheld since tne
rendering of the original decision in May last Ihis
determination of the case will put into the treas
ury of the Union Pacific Company about S7oo,0oo'
and should this prove to be the final ending OF the
dispute will improve the u. p. Companys exchequer
for the time being to the extent of about Sl50,0oo
or $500 900 per annum. The stock to-day opened at
74l2. and thereafter sold at 75as0HAG75@7i4
a 1865 a 76 "a 1919 "a 77i2 a 794, an advance
from Saturdays closing price of 47s per cent Inc
rise in Union Pacific gave stimulus TO the whole
market and for a time the afternoon sentiment was
decidedly bullish the eadBgspeclaties, bat suisse
quently became weak, noticeably in Northwestern
ST. Paul and Michigan Central, and while closing
strong on Union Pacific and Pacific Mail was fever
sh on the rest of the list. Pacific Mail evidently
felt the influence Of the handsome advance in Union
Pacific and closed strong at the highest price of the
day, which shows an advance of Il per cent over
the closing price on Saturday. Michigan Central
was notably weak, and the street gossips say that
there arc good and sufficient reasons for ITS
weakness, though they do not at present
deign to tell the anxious public the exact
character of those reasons The stock closed at b
a decline of 23i per cent since Saturday The
changes in other stocks from Saturday were trivial.
c. c. and !. c., and Delaware, Lackawanna and
Western each advanced L per cent, and Missouri
and Pacific - per cent, while Atlantic and Paclhc'
Central and Hudson, and Quicksilver, each declined
Il per cent; Erie, Is; Northwest and ST. Paul each
b: Lake Shore. Northwest Preferred, Ohio aud
Mississippi and ST. Paul Preferred each u per cent
The sales of the day aggregated about l2l,oOO
shares, Of which $500 were Pacific Mail, l9,6OO
Lake Shore, - 800 Union Pacific ~, 100 Western
Union, 1900 Ohio and Mississippi, $500 Michigan
Central, $500 Northwestern, 900 ST. Paul, $500
do Preferred, 1900 Kansas and Texas, 1000 Kan
sas Pacific 400 Erie and 900 Delaware, Lacka-
wanna and Western The opening highest, lowest
and closing prices for stocks sold to-day as fol-
lows.