The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-26
: TIE CITY BANK STOCKS

The following were the bids for the city bank
shares:-New York, 100; Manhattan, 157; Mer-
chants, 11e; Mechanics, 1874; Union, 1856; America,
14s; City, $50; Phenix 1907 GallatIn National 122
State OF New York, 109K; Commerce, 1l3K; Aer-
camille, ls2; American Exchange Ill; Bank Of the
Republic, IFS; Bank Of North America, 1o2; Han
over, 100; Irving, 122; Metropolitan, 1885, Nassau,
100; Shoe and Leather, IA; Corn Exchange, 1904
Continental, 60; st. Nicholas lax; Commonwealth.
IS; Park, las; Manufacturers and Merchants', %;
Central National, eS; Fourth National 11oK; Ninth
National lol; Geld Exchange, zoe; Bankers and
Brokers' Association, 80; German American, 100.
GOVERNMENTS STRONG
The government bond market continued strong
and prices advanced u u per cent, the new nves
rising to ll6K, at which they were nearly as could
be at par in gold. The coupons on the new nves
win be paid on and after Monday without rebate.
The London branches Of the two Syndicates
are to meet on Monday to make arrangements
for bringing out the new loan. The following
were the closing prices limited States currency
skies, 114X us; do, 1881, registered, 11ox
116N; do, do, coupon, 1881 11SX; do, fve-
twenties, registered. May ana November, 116K q
1l5X; do do, 1862, coupon, do. l15h llSH I;
do, do, 1884, do, do, 1l5k my; do do, 1865,
do do, 11oX 116x; do, do, 1S67's, registered,
January and July, 115K 1859; do, do, 1885, cou-
pom, do, 115H 1l5H; do, do, 1857 do, do, 116H
a11ex; d. do, 1858. do do, 1l6,f 1903; do. ten
fOrties, registered, 114k 114K; do do, coupon,
1857 115H do. hves Of 1884, registered, 1l3H bid
do, DO, do, coupon, 1l5x 115H.
STOCKS DULL AND LOWER.
The stock market drifted into quieter mood,
and at times during the day was dull, particularly
as compared with It's animation during the pre-
vious two days. The prospect Of active money
for few weeks to come was the cause of the fall
ing on In business, the market during the forenoon
declining and betraying weakness. Toward the
second board rally began, and as the bank state
ment proved better than anticipated the advance
became quite general ana assumed considerable
strength. But fresh reaizations In the last half
hour Of business caused second decline, and
prices went on again, but at the close were steady
at little improvement on the lowest Of the day.
ERIE PREFERRED
was strong throughout and advanced to s0H. St.
Paul preferred was firm and the common stock
strong and higher. The forthcoming dividend on
the preferred WILL 1t is said, be 3}s per cent cash
for the year ending February 1873 1t is probable
there will be no dividend on the common. The coal
railways were strong, New Jersey Central rising to
104H and Lackawanna to 9s5s Atlantic and Pacific
and Missouri Pacific were active and advanced to
IS and 59X, respectively, the announcement that
Mr. A. B. Alden President of Pacific Mail, had been
elected President Of the consolidated corporation
In the Southern State bonds the Tennessees
were active and firm, but without essential change
in prices The others were steady. New South
Carolina July ponds sold at %.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and
lowest prices Of the principal stocks during the