Year: 1875

THURSDAY Sept 23--B T. NJ


The course and temper of the stock market to-day is
best illustrated by description Of its prices No
citing element was introduced and beyond the effect
of the peculiar sympathy that is always manifest be-
tween certain securities there no unusual cause to
be assigned for the slight Improvement recorded 1t
will be observed that several stocks a decline has
taken place We fail however, TO discover any
therefor which inconsistent with the tendency of
the market that must have been observed for many
weeks with events hanging over the market such
men only talk about with "baied breath" hints Of
coming disaster rumors OF failure speculative trade
that is purely local and controlled by few ndivd-
uals, every attempt made 10 establish confidence
and encourage outside operations is met by
rebuff and every rebuff increases the
army of scepucs. Considerable comment was
made with reference to Erie, in view of the 1rm-
ness exhibited by the stock to-day 1t from
the expectation that the report OF the receiver when
published win present a favorable review Of the opera
tions OF the company. We learn. however, that Mr.
Jewett in his capacity receiver, Will report to the
Court only his monthly receipts and disbursements in
the usual way and will give the net earnings of the
road the statistics which usually looked for in
official exhibit The weakness Of Pacific Mail may be
accounted for by the statement that the City Of Toxic
has been replaced by another steamer, and will not
make her regular trip from San Francisco TO China
We give the gossip for what it is worth
Concerning Ohio and Mississippi there is a
wide divergence Of opinion among bro
kers; but there exists a conservative feeling
that seems unwilling to recognize this stock among
the pure "fancies the ground thar the interest
its bonds is advertised be paid In Northwest there
is said to be pool With reference ST. Paul, its
holders are reported as confident that the autumn
changes Will be IN their favor There may be general
principle involved in this belief provided full foreign
market can made for Western produce, but it.
in times past grain is be again burned for fuel be-
cause its volume both the home and export de-
mand it is useless talk Of railway profits Western
Union is sustained by those who content to buy and
hold II per annum per cent stock. Lake Shore
is for the moment the football Of daily spectators


THE PRINCIPAL TRANSACTIONS THE


were in Western Union, Lake Shore and Pacific Mail
The former opened at 75% advanced TO 76k, receded
to 754 and ended at 752!. Lake Shore sold at
b35S thence down to 5276, but at the close showed
recovery to 81 537s Pacific Mail declined from 3556
to 347S which the closing price. Ohio and Misss-
sippi also exhibited weakness by receding from 15
l49l but the close was made at 15H Erie opened at
l636, rose to 17h ana ended this figure Hannibal
St Joseph declined from 2oH, the initial figure,
10 at which the close made. Rock Island
steady at 1O71 New York Central at 1o3 1929.
Union Pacific sold at 70 7O7S the end being at tho
smaller figure, The extremes Delaware and Lacka-
wanna were 12O 120H Atlantic and Pacific
quoted 1873, with asking prices at 2oz q Panama
Al 13O 133