MONEY MARKET.
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The stock market to-day very fat and the transac
tions unusually limited Nearly all the operations made
hA result Of former contracts Time sales previously
made daily falling DUE and purchases are made to
meet them It is hardly possible that there will be the
slightest Improvement in the stock market until the Open
ing Of the spring trade when the revival Of business win
give impetus 10 stock specuations Although there
does not exist the slightest connection between the sock
operations Of Wall street and the legitimate business Of
the country, yet the former movements are Influenced
very much by the condition Of the latter The only
cause for this fact is that large portion Of those who 60
into Wall street for the purposeo specuating stocks
are engaged in commercial pursuits and any activity or
prosperity in their regular business induces them to en-
gage in stock operations to rapidly increase their wealth.
II will be general thing that speculation in Wall
street is carried more extensively, when all other
kinds Of business active than any other time In
dependent of the influence Of external difficulties on
the stock market we havs doubt the season has
tain effect on prices The year about closing operators
are indifferent about doing much until new eeason
opens.


AT the old Board today, Pennsylvania SIS fell off per
cent lllinios Reading Railroad Il Indana and Har.
lem, Canton and Long Island closed firm at yesterdays
prices Norwich and Worcester improved 4; ; farmers
Z Morris Canal a East Boston 1t will be observed
that Pennsylvania 5s declining. This no doubt
caused by the belief that the interest due in February
will not be paid.


The receipts Of the Western Railroad for the week end
ing Dec H. 1874, compared with the corresponding week
IN ls43, show an increase of about fifty per cent