The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-11

OF the four and half per cents his chances of in.
ducing Congress to consent to the payment Of In.
terest at the European money centres are
(. very small Government bonds closed as follows:-
United States currency sxes 1l5H 1853;
do. skies, 1884, registered, 1144 114x; do DO.
coupon, 1863 l153S; DO fve-twentles, registered
May and November 1OeX q ITO; do do, 1852,
coupon, do, 1o9X ITO; do do. 1884 do. DO,
11011 110K; do. do, 1896, do. d. 111H 1l1%;
DO. do, 1867, registered, January and July. 111H
nix; do. do, 1865 coupon DO, 1922 ITO; do.
do, 1867 do. do, 111H 1119< do. do, 1868 do d.
l11% liz; do fves Of 1884, funded. registered
1O9sS 1907; do. do. do. coupon, 109x 109yS; do.
ten-forties, registered, 100 a 1O9K; do. do, cou.
pom, 1923 1927.
SOUTHERN SECURITIES LOWER.
The Southern listwas heavy and weak In nearly
all the leading issues, and especially for the vir
gnia consols, which dropped So late in the day,
probably, although at this hour we are without ad-
vices that the State Senate has cOncurred In the
House action in passing the Funding Stay bill over
the Governors veto We give elsewhere q Rich
mond correspondents defence Of the movement to
stop the funding Of and payment OF In
terest on the Virginia debt. But while the
feelings which he expresses doubtless ex-
plain the recent action OF the Legislature
there Is good reason for believing that the move
ment has been assisted by the lobby with view to
deprecating the State bonds IN the New York
market, especially 1t as Is well-known that these
bonds will be received at par in payment for the
States interest IN certain railroads and canals 10
be disposed OF at auction in the city Of Richmond
on the 9th OF February next. The great Pennsyl.
yana railroad corporation has turned longing eyes
Toward many Of the Southern railroads. and 1t would
not be surprising If parsaps acting for this great
railroad monopoly were helping the present
decentralization Of Virginia finances as q means
OF getting bonds with which to purchase the vend.
able right Of the State in her domestic railroads.
Reference to the advertisement Of the Board of Pub
lie Works shows that at the auction fixed for Feb
ruary proxmo, there will be sold 80 1852 shares Of
common stock In the Richmond, Fredericksburg
and Potomac Railroad Company; co. 14o snares OF
common stock In the Chesapeake ana OHIO Railroad
Company; 1910 shares Of common stock in the
Richmond and York River Railroad Company; one
bond for 100000 executed BY the Atlantic MissIs-
sippi and Ohio Railroad Company, and secured by
second mortgage on said railroad; balance due
by the Richmond and Danvle Railroad Company.
amounting to about $427, 000 on account OF o loan
to said company, and secured by mortgage on said
railroad; three bonds Of the Alexandria, Loudon
and Hampshire Railroad Company. for $1e,s54
EACH payable respectively in 1872 1874 and 1877,
and secured by deed Of trust said rallroad
shares of preferred stock In the James River and
Kanawha Canal Company and 90, 900 shares of CON-
mon stock In the sae; besides the States interest
in numerous other canals and turnpikes, plank roads
and bridges. The following were the closing street
prices Of the Southern llst;-Tennessee ex.coupon,
63< "a; do, new, e3X a e4h; Virginia, ex coupon,
81 q 90; do registered stock, old As so; do skies,
CONSOLIDATED bonds, SO q "a; do. skies, deferred
scrip, 2oA 2l; Georgia skies, 70 so; do. sevens,
Is So; North Carolina, ex COUPON SO "a; do, new,
10 q II; do, special tax, IL ID; Missouri sxes
e5x q 90, do., Hannibal and st. Joseph,
s1n OK; Louisiana sixes IS 80; DO,
levee Sizes 60 90; do. do. Fights, 10 a Is;
Alabama nves. "a 6s; do. eights 90 q 95;
South Carolina skies, so q 90; do, new, January
ana July, "A PAN; do. do, April and october, % q
%; Arkansas skies, funded, 81 q IS.
THE RAILROAD BONDS
The following were the bids for the railroad