The New York herald., 1872-12-30
SOUTHERN SECURITIES.

The Southern list has shared the general dulness
OF the week and has been mostly heavy, with q
lower range OF prices, the decline being more
ticeable In the Tennessees, Virginia consols and
new South Carolinas. On the other hand the Mis-
souris have been strong, with an advance to 90,
while the Aabamas improved considerably with
the abatement Of the political excitement in the
State capital The Governor OF Alabama recon-
mends an issue OF two million eight per cent bonds
to pay current expenses ana pay noating indebted
ness. The following were the closing quotations.
Tennessee, ex coupon, 70 q so; DO, new, 10
s0 Virginia, ex coupon, 45 SO; do, registered
stock, DID, 81 AZ; do. skies, consolidated bonds,
65 o Sc; do. skies, deferred scrip, Is 16; Geor-
gia SKIES, 70 a SO; do. sevens, SO q 90; North
Carolina ex coupon, 81 IS; do. to North Carolina
Railroad, SO 81; do, funding, 1905, 25 %; do.
do, 1868, "a . %; do, new, 10 Al; do,
special tax, Is o Is; Missouri sixes 90
96k; Hannibal and St. Joseph, o2 q %;
Louisiana skies, 80 SO; do, new, so 55; do. levee
sxes SO q 90; do do. eights, 65 20; do. do. do,
1875, e5 20; Alabama lves. 55 90; do. eghts, 81
"a; South Carolina skies, so q So; do new, Janu-
airy and July 22al 49, do. do, April and October,
25 20; Arkansas skies, funded, 40 o 45; Mobile
and Ohio Railroad sterling, 81 a ss; do. interest
eights, SO o S5; Mississippi Central Railroad
first mortgage sevens, 80 o IS; do. second mort
gage cights, so o IS; New Orleans and Jackson
first mortgage, 90 93; do. second mortgage, so a
85; Memphis and Charleston Railroad first mort
gage, rs 80; do. second mortgage, 70 IS; Green
vile and Columbia Railroad, guaranteed by South
Carolina, so 81; Macon and Brunswick Railroad,
guaranteed by Georgia, o5 20; Memphis city
skies, 81 bs; Savannah city sevens, so s5;
New Orleans sevens, 90 65.
DIVIDENDS, COUPONS &C
The following additional announcements are
made In our advertising columns -
The Dry Dock Savings Bann, nr East Fourth street,
near avenue d, will pay per cen. Der annum on
all deposits under $4,000.
The January coupons OF the East Tennessee vir-
ginia and Georgia Railroad mortgage bonds will
be paid on and after "a proxlmu, by the Gallatln
National Bank.
The East Tennessee and Georgia Railroad cou-
pons, due January l. 1873, will be paid on and after
I'd pr0ximo, by X. T. Wilson Co., A Broad street.
t THE BANK STATEMENT.
The weekly statement OF the associated banks is
favorable. thanks to the government disburse-
ments Of coin In prepayment OF the January inter-
est, which were ample enough to more than coun-
terbalance heavy decrease In greenbacks the re-
suit, it is now known, OF locking-up movement
on the part Of clique spectators at the Stock Ex
change. The legal tenders ore down three and o
half millions and the specie has increased four and
half millions, so that with decrease in deposits
OF s80O,0O0 the surplus reserve of the banks has
been increased good million. It is objected that
the
STRENGTHENING OF THE RESERVES
has been made by specie only, but it should be re-
membered that for many months to come the banks
will have little need to ship currency, SO that their
enlargement Of credit may be made just rs well
upon reserve OF gold as upon one Of greenbacks.
Furthermore the greenback average Is rising one,
and the banks are really better or than they seem,
az the present cOmpaYsOn il made with their sitl-
alton week ago, when they were really weaker
than they appeared In the statement OF that occa-
I sion. At the same time the specie average is a
| rising one although the result may not be SO
| important In this respect for the reason that
THE SPECIE SHIPMENTS
of the past week will count against the steady
daily disbursement Of coin by the Sub-Treasury.
The statement compares with Its predecessor as
| folows:-