New-York tribune., 1875-10-09

scarcely two weeks since a dividend was declared,
payable Oct. 80 of 1l2 per cent upon the stock Of
tho Company. Neither investors spectators
easily get used to this sort Of thing, you know"
and matter Of course. confidence il just the least
bit disturbed Bat, seriously the Street is coming to
feel that there is something nearly akin to fraud
in this matter; and if the law s such
that the buyer of this stock before the close of the
books and after the declaration of the dividend, has
redress against the directors individually, then IL
is suggested by the victims that the law needs
amendment. The stock of the Missouri Pacific con-
tinues upon its downward course and if half the
reports concerning its financial condition and man
agement be true it will very possibly continue In
the same direction till it may come to keep company
with c., C. and l. C.. and other similar stocks, which
might be mentioned. From sources to which we are
inclined to give credence the statement comes that
the Missouri Pacifc's business has fallen OF so
seriously that its earnings for year past have been
less than those of tho preceding year by something
like $500 OOO that the decrease i'll earnings for the
month of September, compared with September
1874, amount to something more than T|o,ooo !;
that the floating debt of the Company is somewhere
in the neighboThood Of S2,OOO,OOO; that OF the
= 100000 third mortgage bonds offered on the
market some time ago. some S6OO,OcO 10 TIoo,Ooo
were taken generally bythe friends of the road, az
10 cents to tho dollar and that the remainder
hypothecated for loans at 40 to 30 cent that
the dividend declared for the Goth inst. will not be
paid. and that every dividend which has been ac-
tually paid since the Missouri Pacific passed under
the control of the Atlantic aud Pacific Company has
been paid from the proceeds of loans made for the
purpose The total transactions were about 100, 900
shares. NewYork Central, on sales of ZOO shares,
declined from 1921 to 1Ol 81 with final sales at lO2.
l. -. t,,Ir nna1,a hay
ing been traded in during the day. Lake Shore
showed some iirmncss in the early trade at
5Ilsa 537sa5ll. but later Welded to $500 53l2.
The sales of this stock amounted to 81 700 shares,
and it seems vet to be held upon an idea North
Western, after opening at 3Sli0353s betrayed
weakness at 370365o oa37li ia37. and 1000 shares of
the Preferred sold at 2a52ls05l3 d, closing offered
at 51l2 OF Rock Island . 100 shares sold Mt 1O3is
6o103 st. Paul quiet. with sales OF 900 shares
at 333i 3ta33l ls03l2, but the Preferred on sait<
of 1900. declined from 62as062l2 to Gl3ia 81 p.
Delaware. Iackawanna and Western was active at
117lia al155sle ia llGls, with sales of $500
shares. Ncw-Jersey Central opened at lOca99 2,
rallied 10 1913 with closing sales at 1O1, after
transactions of 3.iOO shares Michigan Central
took another dip from 56 to -, closing at 5laoa
5l5o after sales of 1000 shares. Union Pacific
huctuatcd wildly between 617sa633t062li 61 with
sales o IIOO shares, anu ~ thc Only rtoch upon 'Ho
list that shows an advance from yesterdays closing
price. Pacific OF Missouri started at 22i2,
declined to ~, rallied 10 23ls. only subse-
quently to sell ut 20, closing at 2o's,
after sales of 13.1OO shares. Atlantic and
Pacific Preferred dealt in only to the extent of
| 900 shares at Ga6lla6ls. Hannibal and It. Jo-
seph sold at 1Gl2a 1G0 017alj7s to the extent of
2 400 shares Ohio and Mississippi, on sales of 400
shares, declined from 157s0lG to lJ's. Western
Union came in for its share of the decline, being
aided thereto by the talk about the new telegraph
company which yet does not own one single rod Of
wire 81, 800 shares were traded in at 75i215al0
7i7s Pacific Mail comparatively quiet, only
49, 100 shares having been bought and sold, at 35os
G3J3sa3j7sa 80 ia35is. The market generally
closed weak without recovery. The opening, high
est, lowest and closing prices of active stocks sold
today will be found in the subiOincd table,