The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-07-14
STOCKS DULL AND LOWER,


The stock market was dull under seemingly gen.
eral disposition to await the shot OF the gold uc
tuations as well as the final adjournment Of Con-
gress. The feature OF the day was Rock Island,
which fell to 1l3 on sales Of stock held abroad in
Germany, Holland and England, the order
by cable having been received day
or two since, when affairs in Germany
were regarded as portentous Of war and likely to
lead to a sharp decline In American railroad secur
ties particularly. The stock sold will, OF course,
he borrowed for delivery until the arrival OF the
original from Europe. The effect on the rest of the
market of the unexplained weakness OF Rock Island
was gradual decline, which puzzled the street
greatly, inasmuch as gold had reccded to 49, Dos.
ton, Hartford and Erie was weak ana Tell to 81 II
is said that the stockholders disappointed of aid by
the adjournment Of the Massachusetts Legislature,
have made application to the Connecticut Legisa-
ture which Is yet In session, and hope to obtain
bonds to the amount Of $15,o00oOO by mortgage OF
their franchise. Later in the day the general
market improved on the announcement that the
Funding bill shorn OF Its compulsory section.
had passed both houses OF Congress- but closed ex
tremely dull. The following were The closing prices
OF stocks at the last session Of the Stock Ex.
characterization, 81 q 6SX; Cumberland 4o Con.
soldation Coal, 29t< q aoh; Western Union Tele.
graph, 3.ss 34a<; quicksilver, Ga s; Mar1posa,
ga ~: do. preferred, 1871 152s; Atlantic Mail
81; Pacific Mail, Az AZ; Boston Water Power
15H bid; Adams Express, 6s16 6sI; Wel!s-Fargo
Express, Is 1914; do. scrip, 22l a 81 American Ex-
press, AN AK; United States Express, 49,. a
46h; New YORK Central consolidated, eS q 9sL: do
scrip, 93K s3A Harlem, 1854 1897; Erie, 23h
241l; Reading, 1929 1929; Michigan Central
1l9I; Lake Shore, 100 100A Illinois Central I3o
a 14l; Cleveland and Pttsburg, 100 1O9A; Chicago
and Northwestern, s214 a s22; do preferred, So a
ss!6; Cleveland Columbus and Cincinnati s2Is bid; ;
Rock Island, 113ss 113sl: Milwaukee and ST. Paul
65S 651s; do. preferred, S0}s SO%; Toledo and
WABASH, 551S 55M; do preferred, IS q 7ek; Fort
Wayne, 95 a 96; Ohio and Mississippi, 35,s 351z:
Delaware and Lackawanna, 105 o 1o5&; New Jersey
Central, 1885 10i; Chicago and Alton 11ssi III:
do. preferred, 117H a 100; Morris and Essex se,.
a OIL; Hannibal and st. Joseph, 115s bid: Boston,
Hartford aud Erie, 3al a s1S; Columbus, Chicago
and Indiana Central, 2oAa 2o1
GOVERNMENTS STRONGER.
me governments list gradually improved with the
oecne In gold, the e7's advancing to 1lO,.. On the
passase OF The Funding bin, with the clause permit.
e ''ie secretary OF the Treasury to redeem the
o'oI"ue Ne-twcntes with such gold as may be de-
posi'eo III the Treasury I'm pursuance OF the desire
70 earn ia Per cent interest thereupon the mar.
hct reacteo IRON the best prices and closed
as Iohows:-United States currency SKIES. 114s<
liA1a; 40. do., 1881, registered l14K liz. do
do., coupon, 114H 1141t; do. hve.twent,es reoa.
tered, May and November, 11o,l: do. do 1sao
coupon, do, 11ok llo; do. do, 1884. do. do 11n,3
IlOH; do do, 1865 do. d. 11ols q IIos>. do do
1885, coupon, January and July, 1Oess 1ooss; do
ao' 1867. do do 1929 looa4: do. do. 1sos do d..