The New York herald., 1871-09-09
sOUTHERN sECuRIrrFs pULL.


The Southern state bonds were dull and generally
steady. The Tennessees recovered rom their recent
depression, and closed with considerable nrmpess.
rhe following were the Hnal street prices for the
general lst:-Tennessee, ex coupon, "a o 74h;
do. new. "a 74X; Virginia, ex coupon. 63x o Ga;
do. new 70 72; do. registered stock. old. so "a;
do. consos, e5ss 65sl; Georgia sixes 50 s6; do.
sevens, 90 q %; North Carolina, ex coupon. 43
A.; 10. funding, 1885, 34]s 80; DO. do, 1868. 80
81; do. new, 25 a 20; do. special tax leK 20;
Missouri skies, ok a 0S; do. Hannibal and Ut.
Joseph. 90 a o.; Louisiana skies. 81 80; do. new.
81 62; do. levee sixes, n 70; do. eights. 81
49, do Penltentlary seyens, 70 70; 90. railroad
eights, IS 50; Alabama nves. eS 10; do. eiahts,
1ol 1922 do railroad eights. 90 o e5; South Caro-.
lima SKIES, 75a rs; do. new. January and July. SIX
s.; do. do, April and October. COX 81; Arkansas
skies, SO a 54; do. sevens, SO o 65 i4-- li -soht
80 ,- STOCKS FEvERIsH AND LOWER. ,ss os-g
The stock market was irregular, with feverish
and unsettled undertone The only new features in
the way OF strength were the New York Central
and Pacific Mail. The former advanced to 1927 on
a report that Mr. William Vanderbilt, who Is now
IN Europe, is negotiating mortgage on the road at
per cent the proceeds OF which Will be devoted
to retiring the scrip. This done the stock will be
made ten per cent dividend paying security like the
Illinois and Michigan Central shares. This, at least,
Is the current gossip OF the street. It also
to explain rise in the stock to the exclusion OF
the scrip, which latter was dun If not heavy.
Pacific Mail advanced 70 5Si on the statement that
the Pacific Railroad had consented to the PROPOSE
ton for The harmonious adjustment OF the freight
tariffs ana Erie had got as far as s., when the
whole market was rendered suddenly weak BY o
tumble OF 9 per cent In the Hannibal and ST.
Joseph. In fact the stock market was never In so
dangerous situation as at present. The distrust
Inv tho fha
local authorities Is intensified by the imbecty and
mlsmanagement OF the Treasury Department at
Washington. The cllques are loaded up with cnOrm-
Gus quantities Of stocks aud are ransacSing the
already dstendcd and expanded banks Tor further
accoh modation. The loans OF the banks already
exceed $307, ,OOO 600. The cllques started a fresh
speculation on the return of the croTd OF stock
operators from the country, but TIE enthusiasm did
not extend to the public. The ..bull, move
ment frightened all ,ne professional "pears''
into covering, an, the market is now without
short interest OF any account. The cliques only
increase1 their burden without strengthening the
/ market The dstrust and fear were most perccptl.
! Die TINS afternoon, both In tile closing dealings In
| the board ana ON the sidewalk. The drop" In
Hannibal ana st. joseph Is warning which should
! be needed. This stock was "bued" by the City
Hall ring and the Albany ring all the way from i2o
down 70 ." ~ onsH'ehoa W : M'ue WIN tne
| buoyancy OF The past week, but the Injunction
| Of Judge Barnard was taken to mean that the
| 'sb0ysp could get no more margin, and the stock
had TO go by the board. Northwest common fell to
| 7l4. Wabash was weak on falling or In the last
months earnings, which were only onc-third OF
| those ior each Of the months Of June and July
| while 1t seems certain that the Vanderbilt party
have been dcl eated IN getting control oil tht
! election. o,.
! HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest