Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1876-01-25
Letter from new York.

Letter from New York.
Correspondence of the Alexandria Gszette.]
New YORK, Jan. M.-The improvement ID
securities of all kinds has continued from last
week, and New York Central stock, which
Gould and his Twenty. third-street gang pre-
dicted was not earning interest on its bonded
debt, advanced to liz, the highest it has ever
reached. The receipts of this great Company
will DOT fall much short this year Of thirty mil
lions of dollars, and the best efforts OF bad
men have not succeeded in i~pjuring the great
est corporation in America. and, at which their
attacks we're hard and frequent. But for this
stock sustaining itself we verify believe anoth-
or very heavy decline would have resulted in
all kinds of securities. The Western Union
Telegraph Company, another Of our best cor
porations, very prosperous, and doing a magnl
ticent business, is cried down by Gould, and
the u:onent the public begins to purchase this
stock some rumors come out injurious to
the Cou pany. This week som members OF
Congress offered a resolution about the Gov
ernment building telegraph lines. This was
at once seiz:d upon, and a decline 10 the stock
was the result, as if the Government of the
United States had not quite enough nov to do
without going into the telegraph business, es-
p~ecially as the Epglish Government have tried
the same thing at a very heavy loss. The
sooner our congressman find out they are elect
ed to act for the good Of the people. and not
to favor stock jobbipg the better. We Wish 1t
to be known that the Western Union is one
of the best managed, aud best paying corpora
sious 10 the country and in time, those who
persevere aud hold on to this stock, will be
richly rewarded.
The Atlantic and Pacific Telegraph Com
psny is also doing we'll, and the stock is far too
low, but Gould controls it, and as be p)lsons
everything be touches So he does this good
stock. The stock should be al 81. lis kept by
him at Is. We learn there is a party forming
| Of honest men who are buylog up this stock,
with a view OF dispensing with Mr.. Gould and
| his followers at the next election We hope
this plan may be carried out, aud that this
| poisonous man, Gould, will be rooted cut and
| made 10 take a back seat. Could he be driven
| from Wall street there would be rejoicing among
hundreds OF men upon whom he has brought
| ruiz.
The whiskey rings here has not yet been 10
dicted, but they are trembling in their shoes,
even those who ventured in this illicit business
a few years ago, but are now among the lead
ing stock dealers. E,
The c flee riggs feel very blue. Their load
is very heavy, aud the banks begin TO feel
! timid about the paper of such houses as are
known to be heavily loaded. The stock OF
| coffee is tee times greater than it was this
! time last Year, AMI then we had plehtJ. We
may see lively times yet, should tbs great
| staple make a heavy tall.
The news Of the week is scant, our daily pa
| pers fudlpg i, hard work to fill their columns,
and they are quite devoid of interest.
Hon. Charles O'Counor has been snatched
from the very jaw; of death. He now sits up
and reads, and is quite like the great lawyer
once again.
We See Maine has already nominated Blaine
for the Presidency. IT'S a good thing (Maioe)
is not the whole country, or we night have the
dynamite man 10 the White House. No !!
Maine and Blaine, We hope, will not be invited
to Washington, but stay at home and attend to
their own affairs.
1t tried very hard to snow Saturday, but o.
ly little fell. So far no snow this winter; very
urusual seas N this; It's Centeuuial and leap
year combined. II ought to be different from
others. ORMOND.