The New York herald., 1875-11-02
FINANCIAL AND COMMERCIAL.
Ihe Stock Market Irregular, with but One or
Two "FaRciCS" Active or Strong.
GOLD CLOSED AT 116.
Rag Money at this Price S6.22-Currency a
Trife More Active on Call Loans.
FURTHER DECREASE In THE PUBLIC DEBT.
WALL STREET,

NJ.
No comment need be made with reference TO the
course Of the market to-day, the changes in price
being sufficient to warrant whatever nforences may
drawn Tho strength of Lake Shore, and sympathetl-
cay OF several other securities due entirely the
repor-but whether 1t circulated for speculative
purposes we are unable to state-that the company Is
TO enter into 'pooling' arrangement with Michigan
Central, Erie and Fort Wayne.
There not few, however, who continue to in
duge belief and without reason that the pres
ent movement in two thrce 'fancies has no other
object than the profit that will small minor
ity OF operators whose principal aim at the present
moment to transfer to other buyers the great bulk OF
stock that has accumulated in their endeavor to naugu
rate and control 'bulr campaign. There is more
for unusual strength in the stock market
than existed six weeks ago. Real values have not
changed and business prospects not percoptby i'm
proved No little risk therefore, attends the tcmpta-
held TO buy anything at the present time
until the process of liquidation has ceased and know
with tolerable certainty that the market Is to be
disturbed by heavy failures and other indications of "a
dry rot is not probable that the capitalists of the
country viii lose their OF shrewdness as to
sustain any stock in simple obedience the "matched
orders" that advance the price of two while all
the others are left to speak, to the charity of the
street.
follows:- Shore was tho most active the
transactions amounting to co 500 shares The opening
90, from which there advance to 62x, after
which the shares found market at 61 q and 62h with
further recession to 81 and close at 62h Western
Union was next most active, opening at &C. rising
z6X and ending at 76H. Erie sold at 1s% with its
highest price at 18 and its close at 1871 Pacific Mail
opened at 4o sold up to Al a. and fell of to and ended
at 40&. Northwestern common sold at 37h moved to
37Z and ended at 37% Tho preferred was steady at
51a51H St Paul opened at 81, sold up to 34k and
ended at 34% bid Missouri Pacific opened at 10k ad
vanced to 1S and closed at 1oZ Ohio and Mississippi
was steady at 16% 1877 16%. Hannibal and ST. 10.
seph advanced from 20 to 21I and closed at 20%.
Union Pacific steady at 60 the majority of sales,
but ended at 65K. Panama was without change at 100
Delaware and Lackawanna, New York Central New
Jersey Central and Rock Island generally steady
the opening figures Atlantic and Pacific Telegraph
dull sales at 19h 49, Michigan Central Grmer
at 62h 62zS.
SALES TO-DAY
amounted to 135, 800 shares, which distributed
among active stocks follows New York Central and
Hudson, 30o Erie, 200; Lake Shore, 60 5oo North
western $780, do. preferred, 4oo Rock Island, 800;
Pacific MAIL 445o; St Paul, 700; do preferred 100;
ohos, 200; Western Union, 10000; Union Pacific,
1000; c., c. and l. c., 100; Missouri Pacific, 51OO;
Hannibal and st. Joseph, 1,100
OPENING, LOWEST PRICES
The following table shows the opening, highest and
tla Aav