The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-17

Currency balances OBSERVATION-DISCLOSURES. $780, 1853
The Sub-Treasury paid out $435,OO0 on account OF
January interest and s6s,oOO in redemption of the
called bonds of 1872 The total disbursement to date
account January interest IL 055 900, ana for
redeemed '62's 1913, $4,000.
GOVERNMENTS FIRM.
The government list was heavy, II not weak at
the morning board, but gradually strengthened and
closed FIRM The following were the final street
quotations: States currency SKIES 1151s a
115z; do. sixes 1881, registered 1l4h 1l4a<; do
do coupon, 1854 115h; do. fve-twenties regis.
tered May and November. 1921 11oK: do. do,
1882 coupon do ITO a 11O4; do. do. 1864. do. d.,
11oh 1lOA; do d. 1866, do. do, 11lH 1l114;
do do, 1867 registered, January and July. Ill 4 a
1l1,z do do, 1865. coupon. DO, 11Oh 11o,s; do.
do, 1867, do DO, lily 112; do. do. 1858. do do,
1l2 112H; do fves OF 1881, funded. registered.
ex interest," 1885 1887; do. do do, coupon 1927
ITO; do ten-rorties. registered, 1O9t4 1O91a; do.
do, coupon. 1921 10.
SOUTHERN SECURITIES QUIET
The Southern State bonds were quiet ana rregu-
lar. The Mlssouris were lower on the agitation
against redeeming the bonds IN gold, although the
agents in this city to-day paying of in coin the
principal of such matured bonds were presented.
The Tennessees were still strong and in demand,
doubtless for the railroad corporations who wish to
pay their Indebtedness to the State Sinking fund.
The South Carolinas were firm and higher on advces
from Columbia 10 the effect that an agent OF num-
Der OF the leading bOndhOlders in New York solicit
ing transfer OF the New York agency to the Union
Trust Company. on the understanding that the latter
will, II given lien the present years
taxes, advance the January and April inter-
est. The following were the closing street quota
ttons:-Tennessee. ex coupon, $50 q 651s; do,
new, 65A 65k; Virginia, ex coupon, 81 a 81;
do, registered stock, old, 45 so; do skies, conso
doto do at hnfn scrN
2OK a2l; Georgia slxes 10 80; do sevens, so So;
North Carolina, COUPON SO "a; do. funding, 1866,
% "a; do. do, 1885, 10 20 do, new 1871 171S: do.
special tax, l2N ID; Missouri skies, 90 O 96H; dO
Hannibal and st. Joseph, 90 92k; Louisiana
skies, SO go; DO, new so IS; do. levee skies, 30
q 81; do. do. Fights. 70 a so; do. do. Fights,
1875, 10 80; do. Penitentiary sevens,
60 a 10; DO. railroad eiRhts 70 80;
Alabama nves, 90 a TO- do Fights, 80 a s5; do.
eights, Montgomery and Eufaula Railroad, 81 %:
South Carolina skies, 40 a S.; d. new, January
ana July, 25h 20; do no., April and october, 20
23is; Arkansas skies. funded. 81 a So.
STOCKS DULL AND STRONG.
The stock market was quiet. but the lack OF anil
nation did not prevent gradual advance in prices.
In the forenoon there was temporary spell OF
weakness and trining reaction from the first
figures; but the upward current set in strongly as
the money market relaxed, and an advance OF y
per cent was recorded late In the afternoon. The
best figures not maintained in the closing deal
ings on the sidewalk, but at the reaction steady il
not firm tone prevailed. The principal business was
In Northwest, Ohios, western Union. Pacific Mail
wabash and Union Pacific The better prospect Of an
increased subsidy caused rise to SIX in Pacific
Mail. st. Paul touched IS, rise Of two per cent,
and Ohios Asa. Erie and Northwest preferred
were weak, and Reading and PIttsburo steady and
neglected. In the case OF the Milwaukee and st.
Paul Railroad IL Is claimed that although there was
decrease Of about three quarters of million dollars
in gross earnings OF 1871 as compared with 1870
there was net income OF 100000 which would
allow dividend Of seven per cent on the preferred
stock and OF nearly as much on tie common. Yet
the directors met the other day and adjourned ap.
parenty passing the dividends. It is also curious
that the dividend on Northwestern common was
passed" although a little ciphering upon the
earnings OF the first half OF the present fiscal year
shows that dividend Of i've per cent on both
classes OF stock was earned during that period.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest