The New York herald., 1875-12-11
FINANCIAL AND COMMERCIAL.
Stocks Dull and Without
Feature.
GOLD Ia SO A 114 La.
Government Securities Steady Money Easy at
4 and Per Cent-Inyestment Secu-
rites in Fair Demand.
WALL STREHT,

L
II the English 'Herad College" had been applied 20
for crest which in the Of ''canting arms"
would have been peculiarly appropriate TO to-days
business for correctly, Of business), the
institution referred to would properly have granted
"skylark, gules Ell argentn
In fact skylarkng was the chief occupation OF men,
bes for the better part othe day. and Fortune suked
Frolic did her best 70 retrieve the situation
After yesterdays high jinks in Lake Shore and its
unsatisfactory wndup, II is not remarkable that the
stock should to-day have manifested tendency to
apathy and torpor Defeated in their purposes by
broken faith and unfulhled pledges the operators in
the pool disposed to reflect on the instability
of human promises in the retirement of their Offices
than TO appear upon the floor OF the Exchange Hence
the result have noted above-an intense dreary
dulness scarcely surpassed by that of midsummers
day.
We have pointed out again and again, until we
weary Of the reference that the stock market II left to
ITSELF will naturally fall into of 1t must
be pushed and prodded and generally excited in
artificial way 1t falls into lethargy 1t is like
who has taken overdose OF morphine-he must be
kept on the move, drowsness, which may be
DEATH overcornes him. Remove the stimulants that
the chief stock generally ready to admin
lister and find the patient in a sad state indeed
And to-days business history proves the truth OF our
proposition that there real strength stability
In the ssck MANI OF the Stock Exchange He will lie
quietly where he is and, possibly, grow weaker;
but IL must be time yet before, unaided be
take up his bed and walk Our stock doctors to-day
kept aloof from the invalid and, there being good
Samaritan public to lend assisting hand
he lay somnolent and comatose, and OF particular
benefit to anybody Not unfrequently prove the
eegiao truth that physicians were in van," as was
shown In their treatment OF the Lake Shore for
day or two back Here was patient notoriousy drop
sical, with It's life blood half water and weighted
down with five hundred thousand ills, attempted
to be cured by inHnitesimals. Our wise med.-
cal men, consulting together, recommended tapping
and OF So 900 shares of the watery stock,
hoping by this depletion 70 the Invalid upon legs
again. But the treatment proved 10 be failure. 1t
childish when should have been heroic and pellets
took the place OF pills In word the endeavor to
troll and advance the price Of cumbersome stock like
Lake Shore by the purchase of limited number Of
shares ated to meet with disappointment from the
start
There occurred nothing particularly remarkable in
the other ancies which usually invite attention. and
even the decision OF Judge Donohue granting the in
junction restraining the Panama Railroad from con-
vertng itself into steamship company failed to favor
ably affect Pacific Mail to to the high
est prices of the day. Northwest was at one
time active under the patronage OF the geometricai
operator, but failed to stick at the highest price, and
this remark generally Of almost every other
stock upon the list
AS the day drew its close there appeared TO be
concentrated action TO inspire some life into the entire
market as though guns were being loaded for field
day tomorrow. AS far advance in prices went
however # was "Vor Ct prGterea mill, for though
certain amount of activity manifested, stocks,
Will be elsewhere, closed of from the best prices
OF the day.
The principal changes to-day in the prices Of stocks
from the opening to the closing Of business
follows:-western Union, 76k 76x 761f 76K; Pa
cifc Mail 4Ok Al 4o1S 4o7s 4OH 4o%; Lake
Shore, 6O7S 61x Ok 6lx Michigan Central, 61K
a 6116 6l5S; Northwestern, 39A 39t4 40 a 39A a
s9A; do preferred, 55al 55H 561x 56 81. Paul,
36k 365S 367E 36k; do preferred, 66% 665S
Erie, 161 II l6I; ohio and Mississippi, 17sS a17K
171E; Union Pacific, 77A 76a< II; Central Of New
Jersey, 1o4 a 104% Delaware Lackawanna and West
ern 40 119at Hannibal and ST. Joseph, 21k an
22H 221S Pacific OF Missouri, 124 II and Atlantic
and Pacific Telegraph, 1sA 1917
THE SALES TO-DAY
amounted to $4,000 shares, which distributed
among active stocks folows:--Ere, 5,555; Lake
Shore, 35, 500; Northwestern 200; do. preferred
2O50; Pacific Mail, $4,000; ST. Paul 1,50o; do pre-
ferred, LOO; ohios, 500; Western Union, $500; Wa
bash, 200; Union Pacific, 1,540
OPENING HIGHEST LOWEST.
The following table shows the opening highest and