The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-10
Ait 4 Tor lst m... ~ Bost II Erie rs LIST m Az
Ait Ter H "a M inc.. 80 BOst, II Il, guarn'd.. 60
Chic con bds.:.. 81 Ced Pals Min LIST M. TX

Chic 1 W extern bd; six Sur o r 1 rs. ist.g 50
SOUTHERN SECURITIES HIGHER.
The Southern State bonds were again quite dull
but with frmer tone 10 the market, the Tonnes
sees selling at 81 and the new South Carolina
July bonds at %, . proportiohate Improvement
appearing in the other leading bonds. The follow
ing were the closing quotations Tennessee, ex
coupon. Sok 81; do, new, Sok 81; virginia,
ex coupon, Is so; do, registered stock old. 81
AZ; do SKIES. consolidated bonds, IS q 65k; DO.
sxes deferred scrip. l5K 10; Georgia skies, 10 a
IS; DO. scvens, sc a 90; North Carolina, ex cou-
pom. SO "a; do. TO North Carolina Railroad. 81 q
60; do, funding, 1865, rs 49, do do, 1868, % %;
d. new. Is 20; do, special tax, IL IL; Missouri
sixes 93 a 9Sk; d. Hannibal and st. Joseph 90 Q
Of; Louisiana skies, SO q 81; do, new, As 81;
do levec skies, SO q IS; do. do. Fights, 6S 10;
do do. Fights, 1875, IS 10; Alabama fvcs 90 Q
81; do. Fights, 10 SO; South Carolina SKIES, 40 a
so; do. new, January and July, ~ a %; do. do.
April and October, Is 25k; Arkansas skies.
funded. So As.
RAILROAD EARNINGS.
The earnings OF the Central Pacific Railroad for
the month OF December and for the year 1872 CON-
pare with the previous record as follows:--
For the month OF December, 1872. ST. DOT 1926
For the month of December, 1S71........ 672,365
For the month OF December, 1S7O........ 6S3, 692
Increase this year over 1871 1884 .761
Earniag rs for the yeer 1872. $I2 900 120
Earnings for the year 1871 $40, O72
Earnings for the year 1870. 1895, 1T
Increase this year over 1871 ......... So, 433 O64
Increase this year over 1870. 1905 O09
DIVIDENDS, COUPONS, Ac.
The following additional announcement appears
in our advertisement columns ssr
The directors Of the Manufacturers and Builders
Fire Insurance Company have declared the usual
semi-annual dividend OF g per cent cash, payable
January 10,
GOVERNMENTS STRONG.
The government bond market was strong, with
q further advance In the gold issues, which was
not lost when gold eventually receded, the CTS
closing at 1l5x, the highest point OF the season.
The following were the closing prices Limited
States currency SKIES, 11s 11SH; do. do, 1881,
registered, 1l5H 115A; do. do do, coupon,
11sA a llsh; do. hve-twenties registered,
May and November, 1l3h 1lsA; do. do, 1862,
coupon do, ll3X 1857; do. do, 1854, do.
DO. 114H o max; do. do, 1865, do. d.,
1l5h 1l5X; do. do, 1867 registered.
January and July, 114x q ll4%; do. do, 1865,
coupon do. lax ll4k; do. do, 1857, do. do,
115% 1863; do. do, 1868, do. do, 1l5h 1857;
do. ten-forties, registered, Ill 111H; do. do,
coupon, Ill NIX; do. fves OF 1881, registered,
112Az 112H; do. do. do, coupon, 1925 1125<.
STOCKS WEAK AND LOWER.
The stock market was weak and fevertsh, with
gradual decline, which the ''bears" facetiously
termed q continuance Of ''the January thaw"
The theories OF the street, while quite numerous
as to the philosophy OF the movements Of the mar
ket, may be reduced to two. The "bears" assert
that the .bus" are running up New York Gen.
trail in order to sell the rest of the market On
the other hand, the 'bulls" say that the 'bears"
are running down Pacific Mail in order to buy the
rest OF the market and load up for 'the January
rise," or, rather, the 'Sprng rise," the former
being generally acknowledged
FLASH IN THE PAN,
tfnot delusion and q snare, to the hundreds Of
luckless operators who lugged their stocks through
the stringent money OF December to ind prices go
down as money relaxed. The strong feature to-
day and the card for the time being was Western
Union Telegraph, which advanced from s0a to
s2,4 and closed at SIX. Exceptional drmness was
also shown by q. G. b l. G., but the others were
lower, and subsequent to the spasm Of stringency
in money fell or u q TX per cent, Pacific Mail
dropping to 70. New York Central, while active,
was less prominent, the interest Of the market
seeming to centre upon Western Union, which Ia
likely to be an object OF lively contention between
tie two sides of the speculative element Of the
street.
HIGHEST AND LOWEST PRICES.