The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-09-27
NEW YORK HERALD FRIDAY 1e72TR1pLE SHEET

better at the close. The following were the
latest prices tennessee ex coupon, 72z Tx;
do, new, TN tax; Virginia ex coupon, A
co.; do. registered stock, old, So AZ; do.
skies, consolidated bonds, 60H 81; do.
skies, deferred scrip, Is IL; Georgia
skies, 10 IS; do. sevens, IS So; North
Carolina ex coupon, 80 q "a; do. to North Carolina
Railroad, 40 4s; do. funding, 1866. q a24; do.
do. 1868, 20 %; do, new, 20 o 81; do,
special tax, 10 o IA; Missouri skies, o2,1 a %;
do, hannibal and st. Joseph, so Of; Louisiana
skies, So a 50; DO new, As S.; do, levee skies,
so So; do, do. Fights, II a rs; do do. Fights,
1876, 10 a so; Alabama flves, IS 63 do Fights,
So q So; South Carolina skies, As a IS; do, new,
January and July, 2aA 24H; do, do, April and
October, "a rs; Arkansas skies, funded, as o SO.
STOCKS UNSETTLED AND STRONG.
The announcement Of the advance In the Bank OF
England rate Of discount caused heavy feeling at
the opening OF business on the Stock Exchange
especially as the opportunity was taken advantage
of by the "bears to depress prices by sales OF
the leading stocks. Their efforts were directed
against Pacific Mail chiefly and the "burl" and
''bear" cliques In that speciality had desperate
struggle all day long. The "bear" clique had
worked the price down to II, and were congratulate
ing themselves that success was at hand, when
suddenly the "bulls"
TURNED THE TIDE,
and put the price back to 7lss. Here the "bears"
In turn frightened money, and by throwing upon the
market for cash some five thousand shares, which
they had borrowed for the purpose. caused de-
cline to 7oA; but, as money relaxed soon
after to per cent, the price shot
up again, going this time to 721S, the
best point of the day, and taking with it the rest
Of the market, which was generally highest at the
close. The collapse Of the Erie "corner" was
quite evident this afternoon, although in the fore
noon as high as 4 per cent was the rate for cash
stock. 1t is said that the smith-Goud party
SETTLED WITH DANIEL DREW
at cost to them of about $780, 000 including their
previous losses from day to day in borrowing the
stock. The story is given for what it is worth In
view Of the fact that the clique sold their North
western preferred there is little doubt that they
have been heavy losers in their recent operations.
When the clique were defying the corner" by sup
plying the bids for cash stock each afternoon In
the transactions ''under the rule" 1t was thought
they had vanqulshed their venerable opponent.
He reserved his trump card for the last and taught
them trick worth two of theirs. He caused the
question Of the legitimacy OF their conduct to be in
vestigated at the Board. The governing commit
tee considered it at special meeting on Wednes-
day, and ruled that the
EVASION OF CONTRACTS,
as practsed by the "shorts" In Erie was suscepti-
bic OF the punishment melted out to cases Of sob
vious fraud" The clique perceived their last
chance OF breaking the corner defeated by
this decision. Like Captain ScOtt's coon,
they came down without further parley
Erie declined from sos to As in face Of the letter Of
the President Of the road refuting the recent whole
sale charges OF mismanagement and corruption in
the new administration Of the road. The earnings
for the third week in September show decrease
of $9,749 compared with last year. the total gain
since April I, 1872, as compared with the CORE.
spending period Of 1871, being reduced to $4,000
NEW JERSEY CENTRAL
and Lackawanna were quiet and 1s per cent
better The recent advance In coal, If not spas
modic NATTER is likely to exert beneficial effect
upon these stocks and Erie The Pacific Mail party
suffered Panama to lie IN allegiance at 142. The
directors Of the Murray Hill Bank have declared o
dividend Of "a a share, payable October l. The
coupons of the first mortgage bonds Of the Inter-
national Railroad Of Texas, due October l. Will be
paid in gold On and after that date at the National
City Bank, 50 Wall street.
ADDITIONS TO 1.-THE CALL"
The Governing Committee have added the fol-
lowing securities to the regular list
The seven per cent convertible bonds OF the
Lackawanna and Western Railroad Com
pany.
The seven per cent consolidated mortgage gold
bonds of the Erie Railway Company.
The first mortgage seyen per cent gold bonds Of
the Burlington, Cedar Rapids and Minnesota Rail-
way Company.
The scrip OF the Chicago and Alton Railway Com
pany was placed on the regular call after the stock
Of the same company
And the following to the free list
First mortgage six per cent gold bonds; the sec
Ond mortgage seven per cent currency bonds, and
the stock OF the Pacific Railroad of Missouri.
The stock of the Kansas Pacific Railway.
The bonds and stock Of the Louisville, Cincinnati
and Lexington Railroad Company
The bonds and stock of the Louisville and Nash
vile Railroad Company.
HIGHEST AND LOWEST PRICES OF STOCKS.
The following table shows the highest and lowest