The New York herald., 1875-12-19
Stocks Still Without Animation Outsiders Sus-
piciOuS and Brokers mpecuniOuS.
GOLD ia l-S A l13 SIS A 1l3 3-4.
Money OH Call Loans in Fair Demand at a
to z Per Cent, Closing at 3 Per
Cent-The Bank Statement.
EOVERNMENT AND RAILWAY INVESTMENTS.
WALL STREET,
SATURDAY. Dec. 1S-R z. NJ [

congress OF photographers could scarcely evolve
Krom their joint erudtion adjectves enough qualify
khe noun substantive "dulness applicative TO the
existing Broad street gamble. We were on the point
of writing 'market" instead OF the sporting phrase
above mentioned and refrained only from the pressure
f the general fitness Of things and the belief that truth
must and will prevail SO 'gamble" let 1t stand and if
Stock Exchange people choose to cavl at the ephetlet
hhem like the Cornish the old Trelawncy ballad
~show the why.n Like the games Of many days
past there enough profits pay for the
dies, and business III the operations in the Board
room be designated by so respectable term)
or the most homeopathic description. There was
something OF stir In Lake Shore and Pacific Mail, due
20 which we alluded to yesterday, and which
events OF to-day have confirmed The first named
stock the recipient of much attention. and friends
and foes seemed about equally divided to its future
IT is not province to emulate the prescencc OF
prophets of old connne ourselves to the events
or the day, and, without pretending than
our neighbors, quote Sir Benjamin Backbite, in the
sschoo for Scandal,n that 'people do say" as fol-
nows:-
Lake Shore has been taken hold OF by the Gould
party (vce Jay, the sick ist under the impression
ehat, with only $50 900 shares available for speculative
purposes and an important short interest existing the
stock could be Immediately marked up figures which
would enable the pool to sell out a satisfactory profit
Unfortunately for these sanguine bulls taded although
rhey were by tho young operator and the sage Of
William stree there arose opposition at the
of Broadway and Fifth which has materially
disconcerted their plans. II has become matter OF
believers and non-believers; question OF dividend or
nondividend; the bulls conndingly whisper the proba-
bilty Of sudden and important rise bears equally
sanguine OF disastrous fall Our advice operators
rs to ''pay their money and take their choice"
Pacific Mail weakened to-day from 4o1S to 39, clos
Eng shade stronger. The retrocesson caused by
Hhs cxpation Of ''puts" at 40 and ''straddles" to
she amount OF II 900 u, also due to-
day.
Mr.. Gould, having gobbed 500 900 by this little
game, afford 70 stake his in his inn and with
draw the wet for the time being from his Pacific
Mail bantlrng
Money at the old, cheap prices to-day, quite OBJ
Bervable from contrast with yesterdays stringent
Ehe desire to obtain two days. interest," and the fact
shat the qucscent prices Of stocks have tended
disturb loans probably the this ease in
Abe money market.
Although the closing rate OF three per cent or
thereabouts was the mark for borrowers general
stock pledges II is becoming known that Gould and his
brokers are getting advances with difficulty at per
cent, and only then margins OF 95 40 per cent it
being sine qud with the banks and great money
lenders that Union Pacific Pacific Mail stocks shall
mot form any part of the colatcras
Union Pacific sells at rs cents on the dollar pays
per cent dividends and Is as worth 35 cents
on the dollar by judges Of tho artice-to wit our
banks and money lenders. Verbum sapienti.
ADVANCE AND DECLINE
ADvAScR.-Central and Hudson, q Delaware, Lack
pwanna and Western, Is Rock Island, u Western
Union Telegraph, u New Jersey Central, Il.
DEcLNB.-Michigan Central, Il Erie a Hannibal
and ST. Joseph, X; Harlem = Lake Shore n; North
west, u Northwest preferred, q Ohio and Mississippi
y; Pacific Mail II st. Paul, u ST. Paul preferred,
u Toledo and Wabash, u District of Columbia, u
gold, Il.
STATIONARY Atlantic and Pacific Telegraph, Pana-
ma, Quicksilver, Union Pacific, Erie, in London
TO-DAY,
the Stock Exchange aggregated 900 shares which,
among active securities, divided follows:-N
York Central and Hudson, 465 Erie s4Oo Lake Shore
81 4o0 Northwestern, 4sOo; Northwestern preferred
12OO; Rock Island, 500; Pacific Mail 10 100; St Paul.
a. 100; ST. Paul preferred 100 Ohios 190O Western
Union, 1O,5Oo; Wabash 200; Union Pacific, 2,S4o;
c., c. and c. 100; Panama 1870; New Jersey Central,
1,250; Michigan Central, 1900
OPENING, HIGHEST PRICES
The following table shows the opening, highest aud
No. nrice NJ fha dav.