The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-08-22
NEW YORK HERALD THURSDAY e. SHEET
Fcursn National, III; Ninth National 40; Tenth
National, 90; Oriental ITO; Bankers and Brokers'

FOURTH national, III; Ninth National no; Tenth
National, soi Oriental, ITO; Bankers ana BROKERS
Association, 90.
SOUTHERN SECURITIES Dull.
There was continued absence OF interest In the
Southern State bonds outside few features, such
as the Tennessees, which on actual sales were
fraction better, although not 80 well supported In
the closing bids and the new South Carolina July
bonds, which went on to 27X. The following were
the nnal quotations Tennessee, OK coupon. 7aX
"a; do. new, 73K q "a; Virginia, ex coupon.
40 q 81; do, registered stock, old, SO q 40;
d. skies, consolidated bonds 6Ox o 81;
do skies, deferred scrip, Is 49, Georgia
skies, 70 rs; do. sevens 81 90; North
Carolina, ex coupon, S31s S41S; d. to North Caro-
lima Railroad, 40 80; do, funding, 1866, 25 n;
do do, 1858, % Is; do, new, q %; do,
special tax, IA Is; Missouri skies, 93H a "a; do,
Hannibal and st. Joseph, Of o.; Louisiana skies,
so "a; do, new, as So; do. levee sixes so 65;
do do eights, 70 49, do. do. eights 1876, 10 70;
Alabama nves, IS co; do. Fights, SO IS; South
Carolina sixes SO SO; do, new, January and July,
81 2S; DO, do, April and October, 25 81; Ar
kansas skies, funded, 45 so.
A NEW ORLEANS TEN-MILLIoN LOAN.
Advlces rom London state that negotiations are
pending and quite near o satisfactory conclusion
for the disposal in that city of the ten-milon con-
solidated seven-per-cent gold loan Of the city Of
New Orleans authorized by the Legislature Of
Louisiana for the conversion and funding OF the
present indebtedness Of the city. The expected
takers are the famous Messrs. CrOssley Co., the
great carpet manufacturers, who are to pay the
equivalent of about IS 90 per cent in currency, the
exact terms not being disclosed az yet.
The currency sevens of New Orleans have advanced
nearly ten per cent since these negotiations were
commenced The following are the latest quota
tiOns for the leading Southern railway and cor
porate bonds mobile and Ohio Railroad sterling,
90 o %; do. interest Fights, IS a 81; do. second
mortgage Fights, rs So; Mississippi Central Rail-
road first mortgage sevens, SO 92; do. second
mortgage eights "a a 81; New Orleans and Jackson
first mortgage, 90 q %; do. second mortgage, 81 a
81; Memphis and Charleston Railroad first mort
gage, SO q %; do. second mortgage so IS; Green
vile and Columbia Railroad, guaranteed by South
Carolina. Is a so; Macon and Brunswick Railroad,
guaranteed by Georgia. 90 a ~; Memphis city skies,
So a SO; Savannah city sevens, 81 o 81; New Orleans
consols, DID, 90 20: do. issued railroads sxes 60
q 70; do. sevens, 90 q 10.
GOVERNMENTS LOWER.
Government bonds were lower and weaker than
the standard called for by the ruling of the gold
premium the discrepancy being the more marked
in view Of the strength Of the London quotations.
which were firm for the 1925 and an eighth higher
fully one-haf per cent, comparing to-day's with
yesterdays quotations-lies In the quiet sale Of
bonds by banks and other moneyed corporations
which bought governments as an investment for
their idle and surplus money during the dull
ness and low-interest rates Of the Summer
months. The prospect OF return Of higher
rates Of interest and the necessity Of preparing
for the activity Of the Fall season impel these In
situations to begin the conversion of their bonds
into money. The following were the clos
ing quotations, the market leaving OF dull:-
United States currency skies, 1871 1854;
do. do, 1881, registered, lis 115h; do do,
coupon, 117H 11s; do. fve-twentles, registered,
May and November, l15I 1853; do. do, 1862
coupon, do, 1152S 1l55S; do. do, 1854, do. do
115X 115H; do. do, 1885, do. do, 1854 1854; do
do, registered, January and July, 1141k 114X; do
do, 1865 coupon, do, 1l4H 1145s; do do, 1857,
do. do, 115 115h; do do, 1868, do do, 1141S
lis; do ten-forties, registered 100 a 1O9h; do.
do, coupon, 1l2X 1125.; do fves OF 1881, regis
tered, 1127S a 1928; do. do. do, coupon, 112I
1928.
COMPARISON OF THE EXPORTS.
The following table shows the exports, exclusive
Of specie, from New York to foreign ports for the
week ending August q and since the beginning Of
the year,
Total for week.. s3,0a5,961 $4,729437 $3,90e951
Prev. reported. 114O36,3l9 145,2 4S9