The New York herald., 1869-01-15

The transactions in Southern state bonds were
egain prominent feature OF the days business 1t
will be remembered how, q few months ago, these
securities were frequently passed over without re-
sponse to the call at the boards. Nova
days the list Is filled, as VIII be seen by
She quotations annexed. The demand to-day
came from persons who are not generally
seen in Wall street. and the fact points to the popular
belief that the Southern States with their productive
territory, are entering upon period OF revived
prosperity. The louisiana bonds, 1t will likewise
be remembered were but recently placed on the list
at the boards; but they have outstripped their
neiehb0rs IN the prominence which they have
sumed In the present speculation The Tennessee
bonds were frmer on account Of q telegram
from Nashville stating that resolution to withhold
any more STATE aid from railroads which were
behindhand In paying their interest "passed the
House by fourteen maorty.n Prices closed as fol-
aows:-Tennessee, coupon, COX 70; do, new, esx
a6eX; Virginia, ex coupon, 67s bid; do. new. eoha
81; Georgia sixes s01z 81; do sevens, 91h 80;
North Carolina, ex coupon, 65k 65h; do new. 62a<
90; South Carolina skies, old, 70 o II; do, new 81
os; Louisiana sxes old, 72K q 70; do, levee, GIN;
DO. eights, levee, rex so; Alabama eights ss SO;
do. aves, 90 "a; City Of Memphis, 4aH 5oh; M.
and 0. Railroad sterlngs. 90 81; do, interest," A
b AS
Governments were steady for the general list with
IN their attack, after assaIng the market with all
borts Of stories concerning the issue OF new bonds
The last OF these attempts was made onight by an
evening journal, which SAYS that stne government
agents 10 this city, 1t IL believed In the markets.
have been making very heavy sales Of government
bonds, aud prices are depressed in consequence
Rumor is busy with the subject, and says, now that
these agents are specializing for their own
upon Information obtained from the government,
and that the sales consist OF new issues OF
bonds, the Treasury having secretly increased the
debt paying gold interest to q large amount and
having secretly given the exclusive benent Of know
ing that fact and soeculating It to its favorite
agents. The officers and agents OF the Trea
sury deny all knowledge OF such new issues OF
bonds, but suspicion Is not quieted by this denial,
and rumor asserts that the negotiations have been
conducted in Washington instead Of New York, in
order to preserve the secrecy which is so valuabcn
The object OF this attack 80 apparent that the
paragraph did not create even o ripple Of excite
ment. Questionable as may be the past conduct Of
the Treasury officials In aiding the spectators
In Wall street there Is nothing at pres
ent to warrant the charge above made. The
closing prices on the street at halfpast
four O'Clock we're as follows-United States sixes
1881, registered. Ill Ill Vi do. do, coupon, 1l2Ka
112h; do nve-twenties registered, 1857 108 do,
coupon, 1884, 1124 a1l2Jl do do, 1854, 1osx lo9k;
do. do, 1885. 109z 100x; do. do, new, 1885, 10sk
10sz; do do, 1857, 1osI los do. do, 1885, 10sZ
> 1oe do. ten-fortles, registered, l04X q lo5; do.
DO. coupon, 1o7x q los. Currency bonds 10ik
,0K.
There was larger volume OF business In the stock
market. owing to heavy realizatons upon the firm
prices at the opening Of business These sales were
made principally at the first open and first regular
boards, prices declining under their effect but not
80 large degree. The abundance OF money gives
strong impetus to speculation, and where one
sbull" becomes tired OF carrying another
is ready to take his burden. An examination Of
prices for the st week or ten days win show
the steady appreciation OF prices produced by the
ease in and the prevailing disposition to In
vest Each Of the railway list It will be observed
in particular, has been visited, "movement- In
augurated and the price put up. The 'bears" are
afraid 10 begin attack, lest It might prove dsas-
trous failure. Tne tendency Of the money market
30 stiii greater ease gives the "bulls- constant
source OF strength until the condition OF the market
changes. The "bearsr are therefore indIsposed TO
s'seil shorti while this state Of aiairs lasts or
until the imitation has been continued 10
such an extent that attack will be aided
by the natural reaction from too high prices. The
marketrecoveed In the afternoon from these reallza.
tions, and prices went back to former figures, st.
Paul selling up to 75I, ST. Paul preferred over o5,
And Fort Wayne 70 122K. The Northwestern stocks,
which had been neglected In the visit TO the general
list were called upon to-day The common stock
went up to 81 and the preferred TO soX. Pttsburg
went up TO ssx, on account OF the defeat OF
Che Erie clique, which was effected by throwing
the road into the hands OF o receiver. Har.
lem was progressive and sold up 10 134 on the
report that scrip Dividend is Forthcoming as well
as upon the announcement that connecting line
had been completed, making a new ana direct route
60 Montreal. OF the express stocks Adams was &C.
Ave, selling up TO 5ok. New York Central advanced
30 15e upon the reported settlement OF the jerks.
yanderbIt suit and report thar the Legislature
was favorable to the passage Of bill TO authorize
She conversion Of tho scrip into stock. Reading
klso vsiied" and sold up to e6x. The closing quota
eions Of the last regular board were a. follows:-
Canton b5< A b5t.. Cumberland. 3si< A 3sis; west