The New York herald., 1873-12-06
DO do.. DO. coupon, liox 1ilX do. do 1894 DO,


lI2k lis; do. do, 1865, do. naH lls1; do. do,
1866. do, January and July, ll6H ll6is.
SOUTHERN SECURITIES.
The principal attraction In Southern bonds TO-
day seems 10 have been Tennessees, which sd-
vanced to 76 for old and TEX for new. Missouri
sixes called for %. We note the following bids:-
Missouri skies, 92; do. do Hannibal and st. Joseph
ISSUE 49, Tennessee SKIES, old, 76 do. do new, 761S;
Virginia skies, Old, "a; do. do, new 40; do. do,
consolidated, 4sX; do. do, deferred, 81: Georgia
SKIES, 65; 90. sevens, new, S5; North Carolina
sxes, old. "A; do North Carolina Railroad Company,
coupon, 80; do. do. ex coupon, 25 do. Funding act,
1866, Is; do. SPECIAL tax o; South Carolina skies,
~; Arkansas skies, fund, 30; do. sevens, Little
Rock and Fort Scott issue, II; do. do, Memphis
aud Little Rock, IT 40. do, Little Rock, Pine BUNS
and New Orleans, ls; do. do Mississippi and Ohio
River. Is; do do., Arkansas Central Railroad, 49,;
Tennessee tens, 1876, SO.
BANK SHARES.
Bank shares sold at TO for Continental, s3 for
Ninth National and 95k Tor Republic. The
latest quotations are annexed New York, 100;
Manhattan, 1888; Merchants, ia; Mechanics. l29;
America, las; City, $50; Phoenix, 100; Fulton, l4o
Greenwich. 2o,n; Galiatin National, 100; Leather
Manufacturers, l5o; State OF New York, l04; Com
merce, ITO; Mercantile, 90; American Exchange,
l04; Bank OF the Republic 95;4 Hanover, 100;
Irving, 100; Metropolitan, 100; Market, 10; Corn
Exchange, 1lo; Continental e5; st. Nicholas, 1903;
Importers and Traders, lGO Central National co.
THE STOCK MARKET
was irregular and confessed itself subject to
various disturbing influences. A decline followed
the opening OF nearly ell the shares but there was
o subsequent recovery, and thereupon began
fluctuations which continued throughout the day
At Two O'Clock there was an advance OF from n to
3A per cent from the lowest point; then followed
depression and market barely steady in tone
until the close. Western Union sold at 7oM a
69M O 69k 70X q II a 7oI. Pacific Mail
advanced from % to 39h. Lake Shore gained
about one per cent. Northwest common ad-
vanced to 40. Harlem sold at 119E and 12oA
buyer 60. Wabash sold from AN to 4sh and
closed at AK. New York Central opened at
e2I, sold down to 90 and closed at 92s4. Milwau-
kee and st. Pau! preferred gained ~ per cent
Erie was 80 openly and so recklessy "washedn as
to forbid investment. We can, therefore, make no
legitimate quotation Of the prices Curious iacis
are awaiting publication in connection with this
stock. The President OF the company is about TO
return home He mas not been successful in his
mission. The following appeared in contem-
porary yesterday morning:-"A story prevails to
the effect shat the Lake Shore Railroad officials
have decided upon additional issue OF S10 600
OF bonds to pay or the floating debt, to go with
necessary construction and to provide for the next
interest upon the stock and bonds. This report,
which did not seem improbable, could not be
officially substantlated" OF course 1t is not i'm
probable. 1t is just what they appear to have
been doing since the present ROAD was
organized selling bonds and new stock,
and borrowing money to pay the dividends.
sharp movement is taking place in Alton and
Terre Haute shares. These have strongly advanced
as a sequence Of the improvements OF the COM
pany in earnings. We note sales at % q 20. Time
was when this stock belonged to the dukedoms OF
the street. general review OF the attitude OF the
stock market however, is not extremely cncOurag-
ing 1t has attained what in England would be
called the ''apprehensive" point. There is no
strength 10 it. But the efforts OF few specu-
lators it would drop OF Its own dead weight, and
il is by no means certain that these very specuat-
ors are not making market on which TO sell.
HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest
and lowest prces OF the day:-