The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-06-06
THE CITY BANK STOCKS.

THE CITY BANK STOCKS.
The following were the bids for the city bank
shares New York, 1886; Merchants u.s. Mechan-
ics 1877; City, 245; Phenx lO4h; North River, 95;
Tradesmen's 1872; Butchers and Drovers', las;
Leather Manufacturers, 1855; Seventh Ward, 1902;
State OF New York, no; American Exchange, 11s;
Pacific 1925; Chatham, 1874; East River, ia;
Market, lbs; Nassau, 1903; Shoe and Leather, 1853;
Corn Exchange, 1877 Continental, 95k; ST. Nicholas,
114s; Commonwealth, 50; Importers and Traders,
1SS; Park, 157X; Manufacturers and Merchants,
100; New York National Exchange, 99a; Central
National 105; Fourth National, ll4ls; Oriental, 100;
German American, ITO.
SOUTHERN SECURITIES DULL.
The Southern State bonds were duh and heavy,
and prices were lower for the leading features the
old Tennessees declining to ". The following were
the closing prices Tennessee, ex coupon, 7l 72
do, new, 72h a 70; Virginia, ex coupon as SO; do
skies, consolidated bonds, 54l; do. skies, deferred
scrip, 10 II; Georgia skies, II 80; do sevens, SO
a 90; North Carolina, ex coupon, 30k 32h do,
new, 20h a II; do special tax, Is a IS; Missouri
skies, OF 9S; do, Hannibal and ST. Joseph, s3s4
"a; Louisiana skies, 60 65 do. levee skies, 63 OF
do. Fights, 70 a 50; Alabama fyes, 90 q 65; do
Fights, IS a 90; South Carolina skies, So q So; do,
new, January and July 33h 34l4; do. do, April
and October, 31A 80.
STOCKS DULL AND WEAK.
The stock market was intensely dull Specula-
ton appears to be hating awaiting the result OF
the Philadelphia Convention Qoregone as that
suit now secms), the chances of the reOpening OF
the Supplemental Treaty negotiations and the
action OF the various stockholders annual meet
ings, which, by q curious coincidence, happen so
numerously this week. The New York Central cleo
ton at Albany, this afternoon, went the usual way
and the Commodore was reelected nen con- The
faat Of a e.
cline in Erie to 624, following a decline In
the London price to 49A. Central scrip continued
strong, and at one time was hardly two per cent
under the stock As the HERALD has steadily refused
to credit the rumors of the intended conversion OF
the scrip take pleasure In quoting the following
very sensible remarks of our brother of the COM
neeyciat expressing as they do so completely our
own sentiments 1.-THE common fancy, that New
York Central scrip has approached so much nearer
the stock lately, because it is to be converted
into stock, has been correctly criticised as
improbable on its face, on the ground that
it would increase the stock to ninety mil
lions, which is regarded as rather unmanage-
able amount to control. On the other hand we
learn that Commodore Vanderbilt sought fol-
proxies on the stock for this election, and we dc
not remember him to have done this before. IT,
therefore, he has sold stock very largely, as some
people suppose, and replaced 1t with scrip at five
per cent lower prices, he would stand to be the
! largest gamer by the conversion" Harlem re
covered to 122 on the announcement Of -four
Aper cent semi-annual dividend payable July
| l, the transfers closing June 20. st
Paul declined to 55h for the common
and TX for the preferred. The general market
was 'on" u q per cent, closing heavy, Wabash
being exceptionally strong, with sales at II.
HIGHEST AND LOWEST PRICES
| The following table shows the highest and lowest