The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-30

Union Fac Fac income los Ri ST.. g
Aita N 'i pred -: . NM stp a M sSk
SSls int * Get enc ! In$ I'm
Han stJo ls........ios Toi, Peo War con rs. IS
4 I e. Fl. c. s.; -
GOVERNMENT BONDS
closed nrm at the following quotations. with larger
business than had been exhibited Tor several days.:
United States currency skies, 113A 113X; do.
skies, 1881, registered III q 117h; do. do,
coupon, 119k 119X do. fve-twenties, registered,
May and November 116X q III; do. skies. 1852,
coupon, 116X 117H; do. fvetwenties 1854 do, III
I17X; do. do, 1886, do, 11S1S 11sT; do.
do, 1867, registered, January and July, 117H
117%; do. do, 1866, coupon, no., III 117A; do.
do, 1867, do, do 11sa< 119; do. do, 1865 117x
11sk; do. ten-forties, registered, l1Sk ia;
do. do, coupon, 116K ICY; do fves OF 1881, reg
istered, 114H. lis; do. do. do, coupon, 114%
lax.
SOUTHERN SECURITIES.
New Tennessees sold at 81; Virginia sixes con-
solidated at 81; Texas tens, 1875, at S. Missouri
State skies at 3d. The quotations are as follows:-
Kentucky skies, 100; Missouri skies, 90 Mississippi
SKIES, Hannibal and st. Joseph ISSUE 90; Missouri
skies. Asylum or University, 90; Tennessee
skies, old, 80; do. do, new, S1X; do. do,
new, 80; do do, consolidated SIX; do. do,
deferred, Tx; Georgia sevens, new, 80; North
Carolina skies, old, 27K; do, Fund at 1866,
II; do. do. do, 1868, 10: do, new, 15T;
South Carolina sixes s2X; do. do, January and
July, IA; DO do April and October, %; Arkansas
sevens, Arkansas Central Railroad, 22h; Alabama
ves, 1885, AS Louisiana skies, 45h; do. do, levee
81; DO. eights do, "a. For Florida gold skies "a
was bid, and at private sale large block
changed hands at so.
THE CHICAGO, ROCK ISLAND AND PACIFIC RAILROAD
correspondent, following up the discussion on
the above subject, writes:-
In yesterdays HERALD ''Mehr LIGHT" has disposed
of the money realized from the sale Of 600 shares
Of stock by appropriating 1t to advances to the
Chicago and Southwestern Railroad, said advances
highly satisfactory to certain parties; but we are
curious to know how he as satisfactorily dtsposes
IN and M as set IN s1S Of the
9th inst. It is quite refreshing In these times
to notice with what perfect faith he accepts the
management o. the company" Now it is just
by the company which in previous articles we have
been preparing to drive through and we should
his expressed desire Tor more light until such time
as our tables were fully completed and we were
70 hoM to 81 s
have not for several years past earned the full
amount OF dividends paid, and that the whole
strate SO clearly by figures and comparisons that
cooked" statements will no longer deceive. We
viii give "Mehr LIGHT" one item as a cue, which
he may follow out for himself while we are COM
plotting our table. Thus, in 1865, the Chicago and
l,2a475l miles, and carried equal to s5,l42,s7a
tons one mile at al an expense ssrs on OF
cent cent per psnSum and were sseiins no STOCK &.
road ess miles, trains running 5.2 oe7 miles and
the carving equal to POI 265 IONS one mile, al
cost, as they report" OF only an additional ex.
pense Of 81, 1874, or 14 cents for each ton per
mile.
Does any one believe that there has been any
when we recoiect the increased length Of road to
be kept up? Will 1t occur to ''Mehr LIGHT" that
''open construction account is convenient thing
to have about railroad' into which to submerge
incOnveniently large operating expenses when 1t
is desirable that met incomed should keep good
whether the company are likely to pay their October
dividend, the reply Is that we are not in the conn.
the Chicago, Rock Island and Pacific Railroad Com
pany ever fall to pay their regular dividends SO
long as there Is market for the stock above par.
THE STOCK MARK1r.
The impelling force to-day was from the line of
Vanderbilt stocks. These controlled ana held the
market. Various small speculative influences were
at work elsewhere, but nothing was strong enough
to successfully antagonize the strength which the
stocks referred tn gave to the general situation
1t may be wrong to consider these securities as the
keynote OF the position, but they have shown such
power during recent fluctuations; they
have brought out such a host Of sup
porters; they have even to-day evoked
from Saratoga such large orders for the purchase
Of western Union, as to verify the belief uttered
several weeks ago. that when one man, old as he is
chooses to move Wall street up or down. he not
only possesses the power to DO So but the personal
relationship that brings out bank checks and
makes men swear by their faith in his ultimate
determination to win.
The record Of transactions at the Board Is as
follows I'm Lake Shore, Western Union and New
York Central the advance ranged from n to1x
per cent. Erie responded to the London market
and after an opening at eo% moved up to 90, with
q close at e1k. Wabash opened at e7x ana sold
at co. with a close at esk Northwest
common sold at e4h a e5, and Ohio and Mississippi
at ssx s9k. Pacific Mail nuctuated between AK
a A. most Of the business being at the smaller
fractions. The changes In the remainder OF the
list were only about u to u per cent.
HIGHEST AND LOWEST.
The following table shows the highest and lowest
prices Of the day.
New York Central and Hudson
River stock consOlidated..... los l04x
Erie. ..................s..s. oI 6lH
Lake Sn0re. ooH V2X
WABASH. ...............''...'... ~ o7z
Northwestern .............. 90 6H
Northwestern preferred. SIX SIX
Rock Island ................... 1904 109
Milwaukee and ST. Paul........ 51k SIX
Milwaukee and st. Paul pref. 70x 70h