The New York herald., 1875-12-03
FINANCIAL AND COMMERCIAL.
The Stock Market TrifIe Firmer with a
Comparatively Dull Business.
GOLD OPENED AND CLOSED AT III rs.
Rag Currency S7.O4-MOney on Call Easy at
and Per Cent-Actiyity in Railroad
Government Securities Strong.
WALL STREET.

THURSDAY, Dec 30 Z. d.
The great pachas OF the stock market did not appear
upon the all to-day, and were probably resting
quietly in their seragos engaged plating their three
tails the Oriental fashion The dancing dcrvishes
the board room had the matter all themselves and
whenever they could spin eight out Of a stock they
nid and then twired into contented obscurity Left
lhus devices OF petty operators the stock market
showed little inclination TO leave its natural OF
Buggshness, and from first to last the fluctuations.
were inconsderable-open fancy and closing prices
were SO near OF the figure that naturally
reminded OF the Egyptian symbol Of eternity, where
the circng serpent feeds upon the tip Of its tail lack
Ing more generous diet.
In plain words prices left Off at the close pretty
nearly they opened the record in this column
will show. The 'bruIsed arms" Of the contestants
AFTER yesterdays enjoyment "to-day hung up for
monuments"-some time is required to fill up the list
Df killed and wounded some time wanted to get over
old hurts-but Of this may be assured, that many
days will not elapse before tho contending hosts are
again position when the of speculation will 20
vigorously as ever.
commendahle zeal to prevent a panic is shown
the part Of those who profess to quietly
pull the manipulating wires from the ''back'
Offices of certain well known brokers' From various
indications Pacific Mail is likely be practically
dormant Union Pacific during it's washing
into notorety. The game is evidently being
played The impression is fast gaining ground that,
with ''spoter in the market who registers the pur-
chaser's and sellers OF every transaction made
the chances for making money by either buying or
selling it growing beautifully less. To-day the
stock has fuctuated widely than any other sales
being at 41n AZ al and 41%. Yet probably not a
dozen members of the Board could at any moment
have given quotation without making special in
qury so little has it attracted attention interest
mi will ina tran of
shares, has vibrated thus, so S1& so.
Michigan Central sold TO the extent of O. 800 shares at
68 59h $50 595s SO 59sS. The demand for
this stock largely from shorts'' who had early in
formation concerning the published egpose' in the
Boston papers, and hence the advance. without de-
eractng from the reputation of the Boston expert who
has the credit OF having recently exposed the affairs of
the eastern Railroad SO that the price of it's stock
dropped from above par to about 20, it seems good
time to remark that there many in New York TO
whom his examination of Michigan Central furnished
information, they having long since discovered
chat with the 'rates" for transportation which have
prevailed for the past twelve months II simply i'm
possible for the roads running east and west between
New York and Chicago, to the interest their
enormously inflated debts. And they confidently
looking forward to the next annual reports
Go vndcate their opinions by showing increased debts
either floating or bonded Lake Shore quite active
with sales OF 60 600 shares at 58M 593z 58k 59.
Northwest exhibited life an advance from 3Sh
The opening to 80 the closing price, with apparent
effort to connect Mr.. Goud's with the movement
by employing ono of his prominent brokers to do the
buying So far as the public concerned it should
make but little difference who is the buyer of stock
that has ahead OF $2 600 OF preferred stock
which seven per cent per annum must be first paid
before anything is paid on the common stock, and
which only net SIS, 900 0O0 $51s 900 its
Interest indebtedness. And this a 2 600 miles
long in 1874, against net earning in 1869 Of over
SO with but 156 miles of road The preferred
stock also firm, advancing from 537< 53% TO "a.
st. Paul sold at 35K 35H 35X 35% and the pre-
ferred at 65ss 65X 65x. Eric nuctuated from 15.
15X. Ohio and Mississippi declined from Tx to 16<
with close 17A Hannibal and St. Joseph closed q
after sales at 20 and the preferred 26K after open
ing at q and declining to 25K In the Investment
stocks nothing done worthy of remark. Western
Union fairly active and closed the price of
the day 75Z, after sales at 74I a742< Illinois Gen.
tral declined from "a TO 93k. New jersey Southern
which a few Of our readers will remember as the
promised Bonanza" OF 1s73 sold a plain 81 per
share Not few bought this stock on Mr.. Gould's
point at IS, with visions of entire blocks of brown
stone fronts
SALES TO-DAY
amounted to l53 600 shares which were distributed
imong active securities folows-New York Central
and Hudson, 22o Erie, $500; Lake Shore, 90, 125;
Northwestern, 4,6oo; do. preferred, 1,4oo; Rock
lIsland, 400; Pacific Mail, 27,47o; ST Paul, 1000;
do. preferred, 1900; ohios, 4,6oo Western Union,
q, 900; Wabash, 200; Union Pacific, 4,500
OPENING, HIGHEST LOWEST PRICES
The following table shows the opening, highest and