The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-03-13
WALL STREET NOTES.

NEW CONNECTIONS OF ERM-nLNEss OF A RAIL-
WAY PREsDENT-RUMoR BUN MAD-AFTEn
THE FoRaERs-aoLD GRABBERs-THE BIG
BoNANzAs OF CALIFORNIA.
Upon inquiring yesterday OF President JeweJt
Of the New York and Erie Railway Company, il
was ascertained that the proposed arrangements
with the New England railways in connection
with through travel via the Newburg ferry had
been satisfactorily arranged, but Mr.. Jewets
refused TO make known the exact terms OF the
compact or reciprocity treaty, until 1t had been
signed and properly ratified by oil the paroles in
interest. 1t is supposed that this new arrange
ment would divert q portion of trade from the
New York Central road, the old rival OF Erie.
business meeting OF Panama Railroad d.
rectors took place at their of1ces yesterday. but
nothing OF especial public interest took place.
RIDICULOUS RUMoUR
in morning paper yesterday to the eject that
the Union Pacific Railroad was about to negotiate
loan Of 100000 In order to place it to the credit
OF the Racinc Mail steamship Company, with
which corporation u close alliance has lately been
elected, was investigated. An Otficer OF the latter
company 81 ated that it was both absurd and UNI
true: that the steamship company did not want
any such sum or loan. and that 1t would be about
as proper Tor the Third Avenue Railroad Company
TO negotiate bonds Tor such purpose as Tor the
Union Pacific to 90 so. Mr.. sidney Dillon, Presi-
dent OF botn companies, was confined to his house
RECENT FoRGEEIEs
Of wabash bonds are being investigated by the
proper committee OF the stock Exchange. and az
they have In their employment one OF the aolesG
detectives IN the country, and are governed-lik9
the Adams Express Company-sOlely by desire
to run 10 earth the swindlers without cOmpru.
mise or com poundlng the .elonies committed IL 10
believed some revelations OF startling character
Will soon be maze. The writer was SHOWN by all
energetic officer OF the Neutrality-suspicious. duty it
has been to direct the pursuit OF lorgersa Inst OF
the criminals who nave either been imprisoned or
are now awaiting trial TOR the various crimes "
check raising, oond forging, &C., since May LAST.
The catalogue Is u formidable one and bears ample
testimony to the good work performed.
TIE RAILROAD WAR
Sttll goes on, and, from good Information, A. -
believed the end Ia not yer. The whole question:
having to paw interest on $780, 600 900 OF lndeot-
edness can serve the public as chesply as those
built upon an economic basis, ana with oniy an
Indebtedness OF ope.third the amount above meu-
toned.
THE GREAT QUESTION OF GOLD
IL still the absorbing topic OF Wall street, In con.
nectton with the recent call oil Secretary Brstow,
and WIN be noticed In the appropriate column
The squeeze" In the commodity yesterday bore
very slightly on the merchants, tue comoination
apparently letting the market severely a'oas.
terday expressed among the bankers as to what
the bank statement to-day would De anu thelr
snow OF coin balances. -
The Sub.lreasury yesterday paid xsl,.40O log
bonds and So. 900 In terest.
In this speculative era IL may not be without in
terest to the HERALp readers TO look over tue Big
francisco quotations. OF mining stocks yesters
dsy:-Gould curry Il; savage, la; Cnaliar
Potosi, %; ophir, ll3; Hale Norcross, 81;
Imperial 5; Virginia coDsolida ed. A62; California
q. ", !, Best 4 Beloner, IS; KentGck, IL; Union
sierra Nsssas IL; H sxscan, a. Is SslsSonss ~ s
yer HUI Z.