The New York herald., 1872-06-01

do. eights, 1875 30 " no., penitentiaiy
sevens 90 10; do. railroad eights, 70 so; !;
Alabama fves, 90 o 65; do. eights 81 a 90; do.
eghts, Montgomery and Eulaula Railroad, IS q 90;
South Carolina skies, 5a a So; do. new. January
and July, 33 81; do. do, April and October, 81
33; Arkansas sixes funded, sc a SO; Mobile and
Ohio Railroad sterling, SO 90; do. interest eghts,
"a o SO; do. second mortgage eights, rs O 49, Mis-
sissppi Central Railroad first mortgage sevens, SO
SO; do. second mortgage eights SO 81; New
Orleans and Jackson first mortgage 90 90; do.
second mortgage, II a 80; Memphis and Charleston
Railroad first mortgage, 85 a 81; do second mort
gage, so a 50; Greenville and Columbia Railroad,
guaranteed by South Carolina, 45 90; Macon and
Brunswick Railroad, guaranteed by Georgia, 65 q
7O Wilmington, Charlotte and Rutherford eghts,
40 SO; Memphis city skies, "a 81; Savannah city
sevens, So ST; New Orleans consols, old, 10 a 70;
do issue railroad, skies, TO- do sevens, "a OF.
THB CITY CREDIT
As will be seen by reference to our general news
columns, the credit OF the city has fully recovered
from the prostration 1t experienced half year ago
under the first exposure OF the extravaganza and
corruption OF the old political clique SO long
trolling the government. The bids for the dock
bonds yesterday were about three times the amount
offered, and the premiums ranged from to Az per
cent on par. The awards were made at an average
OF over lO3 per cent.
STOCKS HIGHER AND STRONG.
For some reason the ''bears' lost courage to day
and were discovered to be heavy buyers Of stocks
TO cover previous speculative sales The result was
reaction in the tone OF the stock market and q
generally frmer feeling although as yet there Is an
absence of widespread speculative interest. 1t
may be that the "bears" perceived signs OF an in
cipent revival OF operations the part OF the
called Vanderbilt party and their numerous Off
shoots and affiliations, for the dealings in
Lake Shore and New York Central stock
and scrip were enough to indicate some
thing Of this kind. On the other hand
the long slumbcring interest OF the Vandcrbiters
may have been at length aroused by the very per-
ceptble expansc of short interest enough to render
it worth while TO try quick and brilliant turn be-
fore their summer rusticati0n. The "bcars" have
worried and leased the market so long, and with
such Indifferent success except In such instances
as Pacific Mail, where they are supposed to have
had the help OF inside treachery that the larger
"bul' operators are beginning to think there is
inherent strength enough In the market to
allow OF their safely venturing upon It, even
with the undOubted imitation OF many OF
It's fancy features Be this as 1t may,
the 1rmer feeling is In another view, only logical
sequence OF the present situation Of the treaty
question II, say the 'bulls,n the anticipation last
Monday OF full settlement OF the whole matter in
dispute between England and the United States
could have had the singular effect 1t did upon
stocks then the prophesied rejection of the supple
mental article, and with 1t the undong of the whole
Washington Treaty, must nure to the advantage of
those who are holding stocks at the present time
Harlem should not be included in the strength
spoken of as appertaining to the Vanderbilt
fav0rites, that stock having been weak and
lower, its depression being explained
by the possible chance that Commodore
Vanderbilt is selling Harlem stock to build the
derground railroad, which is eventually to be
solidated with Harlem as an extension of the same
down town. The tunnel is to be begun within
few weeks and the completed underground road
may be looked for within year or two. The sales
Of Erie for London account continued depress its
price, which went Of to 62%. The chief improve
ment was In Northwestern, which advanced nearly
two per cent. Panama recovered to 11S1a and Della
ware Lackawanna and Western to 107. The pro-
posals for the bonds Of the latter road will he
opened and the awards made tomorrow.
HIGHEST AND LOWEST PRICES
ha toJ,i cl,o tha htnbo