The New York herald., 1875-10-28
Continued Activity in Lake Shore, Pacific
Mail and EFie-The Rest OF the
Market Barely Steady.
ADVANCE In GOED---ll5 3-4 TO ll6.
Rag Money was Worth $780,
Government Bonds Firm.
WALL STREET,
WEDNESDAY,, Oct. 27-6 =. M.


shares were sold prices ranging from 6O5S at the
opening to 62H The closing hgure was 62ll. The
stock every evidence Of manipulation and ii
mains to be whether the operators on the long
side successfully market the at present
higher prices. OF Pacific Mail 60 600 shares changed
hands at from 4o3s TO 4l54, with final prices 4o1.
This stock was weak in the closing hour owing to the
fact that the Panama directors held meeting to-day,
which 1t is understood the determination
pressed to substitute another line of for those
OF Pacific Mail TO run in connection with this road Mr.
frenor w. Park President of Panama, stated that he
prepared to make public the result Of the
deliberations Of his coadutors but there is some reason
for expecting the announcement Of important changes
an early day Erie was exceptionally strong, ad-
vancng from 1716 to 1ss, ending at 1S1s. The up
ward movement was unexpected, and has caught q
large number Of operators who were "shortn OF the
stock but there those who regard the rise a
species Of sodawater eervescence and wisely
themselves with watching instead of buying The pub
lie large will also do well exercise extreme caution
In dealing with
"FANcY'' WALL STREET SECURITIES
at the present time. The recent advance is neither
natural healthy 1t is based no material changes
In the commercial situation the lions share of the
profits have already been absorbed Nothing would be
more grateful to the few spectators who have engi-
neered the rise than to have the confdng outsiders
come in and take stocks of their hands, and when
this is done, will probably be found that the former
are again the bear side of the market predicting that
the country going to ruin filling the street with the
widest of rumors and selling everything right and
left 'Points" freely circulated the street and
At the uptown hotels, and why still further
advance must take place are 'thck blackberres;'
but little less anxiety to favor mankind with cheap'
securities would be effective than the present bald
Ae,Ja
toned the changes were great New
York Central steady at 104 1o4h. North
west common sold at 373S 3SX, S7A,
Rock Island at lo3a, ST. Paul at 341 34% SAX, the
preferred at 62% 90 62H, Ohio and Mississippi at
t6% 171S 1914 Hannibal and St. Joseph at 20a 90
Western Union at 765s Tx 76& New Jersey Gen.
tral at 1861, Atlantic and Pacific Telegraph is
liz II. Missouri Pacific continued its exhibition OF
weakness and receded from ga 70 81, closing at So.
Union Pacific was poiut of much interest owing to
the argument pending before the Supreme OF
she United States The opening price 60 and the
closing price 65H A telegram from Washington states
that the decision may be rendered for two months
The argument for the United States made by At
torney General Pierrepont and for the company by
Mr. stoughon The prevailing feeling concerning the
issue OF the is that the decision OF the Court of
CLAIMS will be affirmed and the government be de-
eated.
THE SALES TO-DAY
The transactions on the Stock Exchange to-day
aggregated 22s 500 shares, which were distr buted
among active stocks follows:-Erie 40 $50; Lake
Shore, 0965 Northwestern, $780, preferred, 100;
Rock Island 400; Pacific Mail 60 $50; St Paul. 2 400
40 preferred 2oo ohios se45 Western Union, 20 9oO
Wabash 55o; Union Pacific, 45O; c., c. and l. c., 500
Missouri Pacific 8, 400; Michigan Central, 1000
GOVERNMENT BONDS
Government bonds strong and higher to day,
With increased demand from institutions and ind-
vidual investors. The supply in the hands OF the
dealers is very small and the market has rising ten
iency.
The following were the closing quotations United
States currency skies, 123 123% do do 1881 regis
tered, 1914 121h do do, do, coupon, 1924 l23;
10. nve-twenties 1862, registered, 1l5% do do. do
soupon, 11S7s do. do, 1864, registered ll5A
il5k do do, coupon ll9 119H do do, 1865 regis
tered, 1l6L 116A; do. do, do coupon, 1l9x 12o;
do. do do new, registered, 1lsX a 119sz do. do do
do, coupon, l1ss 11s1S; do. do, 1867, registered
1901 12l; do<do., do, coupon, 1907 121 do do.
1868, registered, l2l l2l do d. do coupon, 12l u
Al21k; do. ten-forties, registered, u6 HOY; do.
do coupon, 1174 MY; do. fves, 1884, registered,
ll5k 1l524; do do, coupon 1l7 NIX.
FRANCISCO ApvIcEs
report that the fire in Virginia City does affect any
particular interest there and the losses Will be felt
chiefly at San Francisco The Pan Mil and shaft are
all right but the Central Virginia works and ophir
works with all their surroundings, burned The
Pan Mil is located about quarter Of mile from the
Central Virginia Mill The Savage hosting works will
and water for the Consolidated Virginia Com
pany. The losses will not exceed $4,000, 000 Tho
Consolidated Virginia Mining Company had several
hundred men employed to-day removing the burned
tmbers and debris and taking apart the hosting and
pumping machinery. The Consolidated Virginia Mil
Is destroyed but OF the machinery Will be avaia-
bic. Tho company still has the Occidental, Morgan,
Marposa, French DEVILS Gate, Sacramento and other
mills uninjurcd by the fire. The Imperial Crown
Point Belcher yellow Jacket, Exchequcr and other
large mines at the south end of the oyn working
as usual. The Marposa Tunnel Is $50 feet long,
heading in gold quartz large gold vein 1000 feet
long, carrying ore ranging from $50 500 per ton,
has been opened the property
1t Is reported that the Consolidated Virginia Company
win pay the usual monthly dividend from their large
reserve fund on hand Subscriptions for the relief OF
the sufferers by the connagration will be received by
Nessrs. Laidlaw Co.
THE UNITED STATES TREASURY
The Assistant Treasurer paid out to-day s2o7 900
gold Of interest," sls4 900 in redemption
OF avetwenty bonds The Assistant Treasurer has thus
far dsbursed ST. ls7, 600 Of the November
interest
s7loo, 900; coin $4,000 900; less certificates
$l3,6O0 600; customs receipts $3.50 900; revenue re
eeipts, $3.50, 900; bank note receipts, $500, 900.
THE
The London adyices report the rate Of discount in
the open market for three months bills at 34 3M
per cent and money at tho Stock Exchange govern
ment at \ per cent consos are strong and
United States bonds steady Erie advanced to l5k 10
Twenty-threo thousand pounds in bullion was with
drawn from the Bank Of England on balance to-day.
rho following 4:3o p N. quotations;-consols for
money, e4x a e4k; consos for account o4s<i 1865
bonds old, lo31 1884 1867 bonds, 1917 lo72Ei
en-iorty bonds, 1o4k lOaai new loan, loaS losk.
Erie advanced to 15k 15H Rentes IN Paris, o5l 25o
THE BUREAU STATISTICS
The Bureau Of Statistics the Treasury Department