The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-14
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THE CITY BANK SHARES,

THE CITY BANK SHARES.
The following were the bids for the city bank
shares:-New York, 1856; Manhattan. $50; Mer-
chants, l2o Mechanics. 1874; Union, 1877; America,
lat; City. 2so; Pnenix, lo4; North River s7H;
Tradesmen's, LAG; Fulton 159; Merchants Ex-
change. o. Seventh Ward. 1907; state of New
York, ll3; Commerce. 1l7k; Mechanics Banking
Association, lilo; Ocean, %; American Exchange
IFS; Pacific, $50; Bank OF the Republic, ia; Ham
over, lo2x; Irving, l27; Metropolitan l4O Peoples
lao; East River, ITO; Nassau. 100; Shoe and
Leather. $50; Corn Exchange, 125; Continental,
90; st. Nicholas, lib; Marine, 165; Commonwealth,
30; Importers and Traders. 1881; PARK, 1850;
Manufacturers and Merchants, 90; New York
National Exchange, 81; Central National 1ol;
Fourth National ia; Ninth National, l0S;
Oriental, 100: Gold Exchange, 1o4; Bankers and
Brokers' Association, eoK; .German-American. loS.
STOCKS DULL AND STEADY.
The stock market was intensely dun, and In the
main steady and nrm. The better prospect OF o
doubled subsidy for the Pacific Mail Steamship line
as developed in the wider agitation Of the question
In Congress and washington kilograms prophesying
the adoption OF the appropriation, started rise in
the stock from 6lX to 63, q movement emulated Dl
Erie, which advanced to 371k on orders from the
other side Of the Atlantic where Erie has been the
great speculative card ever SINCE the first news Of
the overthrow Of Jay Gould reached London, on
Monday night. These were about the only
features Of the stocks usually dealt In to
any extent by the street, If We except
q sudden turn In Northwestern to 10. But
In the miscellaneous list there was general shak.
ing OF the dry bones. All the expresses were
rampant the demand for them seeming to imply
that each company had been oil at once invested
with some extraordinary privilege or business con-
tract which was going to make the immediate for.
tunes OF the stockholders. Doubtless there s good
reason the rise In some or these shares as, for
instance, United States. which was always foot.
ball Of the Erie Ring, but Is now likely to be less
cavaerly treated in its business over the road.
The expresses being quite feature Of the after
noon and selling at the highest point OF the day
just as the market wound up we include their quo.
tations In table Of closing prices below. Quick
silver, which yesterday was thought TO nave 'cul.
minated" disappointed the spears" by rally to 80.
delaware Lackawauna and Western sold at 100;
Boston, Hartford and Erie was active, and advanced
to Az; Canton went OF to 90 and Panama to 81.
The annual election for directors Of the Panama
Railroad Company will take place April !, the
transfer hooks to close on tho 10th inst The de-
cline in the stock Is possibly que to the discovery
that the old directors may classify" and thus de-
feat the Pacific Mail party. The directors OF New
York central have declared dividend OF four per
cent cash both stock and scrip, payable April 49,
the transfer books to close March 16. In the after
noon Pacific Mail fell or on q pressure OF sales by
the clique, who are seemingly uneasy as to the
course or the money market during the interval to
next month. Harlem recovered to Ill.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest