The New York herald., 1875-12-12
Stocks Dull-Prices Barely
Steady.
GOLD 114 1-2 A 114 SO.
Government Bonds and Investment Securities
Generally Firm-Money on Call 6
and Per Cent.
RAIL WAY SECURITIES STEADY
WALL STREET,


SATURDAY, Dec u-6 p. n.
Six moro "weary, STALE fiat and Improbable days"
were closed up at gong sound this afternoon at the
STOCK Exchange Six more days to DO added to tned
weeks Of past dulness
Saturday is seldom fraught with financial events OF
any great moment and to-day has been exception
to the rule. To employ nautical phrase there has
scarcely been breeze enough give steerape way to
the market and stock vessels lay inert with tapping
sails, ''like painted ships upon painted!
ocean" Tho Lake Shore comedy was performed!
again to-day, as it has been for days past
and all the strength OF the original COM.
pany was in tho cast In lieu of something
better 1t is perhaps wise the part Of the manag-
to keep persstenty before the public, for it s
nearly the only piece that possesses any attractions to
the eye that has speculation In IT. yet the performances
Is growing wearisome and familiarity with tho
dramatis persona, their mannerisms contortons and
tricks has measuraby aayed the public interest at
time felt
AS paying speculation IL is doubtful success when
expenses scarcely balanced by receipts, and
missions and interest eat q serious hole into
the money taken in at the doors very consider
able activity marked tho of the stock early
in the day, and tho price up chiefly
by the young OPERATOR who, by matched orders and
apparent transactions, succeeded in keeping things
from falling torpidity. AS have remarked
tho price of a stock by persistent buying but IT.
is n thousand times difficult to market it at
q profit A thousand times moro difficult just now
than years back since OF outside purchasers there
absolutely none and short sellers few and far
between. These two classes farm the market upon
which the bull specuator depends to unload his stock
and IL will be apparent to tho untutored reader
that in tho absence of these elements the task must
be a difficult indeed.
That the entire stock market is under the control oh
few prominent operators and that prices madc TO
advance recede according to their pse dt1it with
out reference to outside influences, be readily
proved by inquiry OF the many oldfashioned conserv-
alive commission houses which do not and for months
past have pot been paying their current expenses.
for the brokers proper the 'pad shavers'' OF tho
board, their condition is becoming most serious one
Few OF them are making bare living, and the little
Of money put aside in past prosperous times for
rainy day is melting slowly but surely away. There
are even many Of actual want, and were 1t not
brokers appear to be gifted with vitality and in
nate checrfulness that seems peculiar to them, as
class the floor OF the Stock Exchange would be con-
yerled into a veritable slough OF despond.
Aswe have had occasion previously to remark, there
are more reasons than which may be attributa
BILE this lamentable condition Of affairs but probably
the greatest OF them all may bo summed up IN these
two sylables-Jay Could.
There s no lost between him and the broker fra
ternity and when the day OF reckoning comes-as as
suredly IL will come-there will be some old scores to
settle that will tax his ingenuity to the utmost The
street being absolutely void of gossip rumors OF any
description simple record OF prices and transactions
will be all we ocer to the reader.
The fluctuations in the active stocks have been ae
follows:-western Union, 7ex Te% 761s; Pacific
Mail, 4oX q 4oA 4On 4o1; Lake Shore e13I
62 61K; Michigan Central, 61ki Union Pacific,
Tx a rs IT Tx; Erie, 16H 16S; Northwest s9A
4oh 4oa< do preferred, 661l sex soy; ST. Paul.
Sex a sex S63S; do. preferred, o6A 66k Cox a
coz; Ohio and Mississippi, 17h; Hannibal and St.
Joseph, 22K a 22K 22H 22A; do. preferred, 20
28M 2Sk; Central and Hudson, 1864 106 Pacific or
Missouri, II; Kansas Pacific 49, Kansas and Texas ~
IL; Wabash, AZ a Az; St. LOUIS and Iron Mountain,
1sk 1sX 16H; Chicago and Rock Island, lo4T, and
Illinois Central 96H.
THE TOTAL rRAysACrIoSs
OF the day were for 76 500 shares distributed among
the active stocks as follows:-New York Central and
Hudson 600; Erie 1900; Lake Shore, 1900; Cleve-
land and Pittsburg, 200; Northwestern, II 05o; do
preferred soo Rock Island 100; Pacific Mall 300;
ST. Paul 500; do preferred 21oo; ohios, 1oo Western
Union, $500; Wabash. 700; Union Pacific, 1850; G.,
c., C. and l., 2,4oo
OPENING, HIGHEST AND LOWEST.
Tho following table shows the opening, highest and