The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-07-02
GOVERNMENT BONDS.

With the exception OF one or two classes govern
ment bonds were dull, and the market closed
without special feature. There was good de-
demand for ten-forties for investment ana
the supply was not equal to the occasion.
The following are the quotations limited
States currency skies, 114,s 114H; do.
skies. 1884, registered, 1867 117X; do. do. do,
coupon, l1o q 1lsA; do. fvetwentes registered,
May and November. 11eH 1leA; do do, 1862,
coupon, do, 116h 116a<; do. do, 1854, do. do,
116h III; do. do, 1856. do. do, 117h lis; do.
do, 1861 registered January and July, l15A
115A; do. do, 1865, coupon, do, 116H 1861; do.
do, 1857, do. do, 117k 117x; do. do, 1865, do.
do, III 1177I; do. ten forties, registered, 1l3
ia; do. do. coupon, 1874 ia; do. fives OF 1881,
registered, ia nay; do. do. do, coupon, 114A q
114h.
SOUTHERN SECURITIES.
The only transactions noted at the board in this
department was the sale Of 1000 new South Caro-
lima skies, August and October, at 2OA. The
prices quoted are:-Tennessee, ex coupon, so q
500; do, new, 79A so; Virginia, ex coupon, As
As; do skies, consolidated bonds 52H So; do.
skies, deferred scrip, 10 II Georgia skies, 70
70: do. sevens, So q IS; North Carolina ex coupon,
IS 2s; do, special tax, 12h Ia Missouri SKIES,
92I 90; do. hannibal and st. Joseph, 90 a SO !;
South Carolina skies, new, January and July Is a
15H; do. do, August and october, 20 a 49, Ar
kansas skies, funded, 35 40.
THE STOCK MARKET.
More activity was manifested in the stock market
than even yesterday, the same speculative inhu-
ences then noted being still at work. Pacific Mail
opened at its best price of resterday-35I-bu
gradually receded after lively business to 34K
strengthening at the close, however. with final
price OF s5h; Western Union sold at SAL, SAY,
SAX, SAX a S4X; New York Central opened at lO1X
and sold between the extremes of 1O1& and 1902,
improving at the close; Erie showed a loss, at 62n
to 61H; Lake Shore opened at 94h, but grew
strong as the day advanced, and showed final
price OF o5H Panama rose from 110h to 11Oz, but
declined TO no.; St. Paul was steady at 5OA
81, wabash at 6S q 6SH, Michigan Central
went on from 95 to 931s, and Atlantic and Pacific
preferred from 20 to IL. Ohio and Mississippi
changed but fraction or two. North Western
common showed encouraging symptoms Of re-
newed vitality, with larger transactions than of
late, by opening at IN. advancing to TX, and
holding its own until near the close, when it was
sold at 71A. Delaware. Lackawanna and Western
was steady at ga OK, and Rock Island at
lO95s 1O9.
UNION PACIFIC
commenced business at asa but declined at the
first board to PAN without much recovery until
late in the day. The last sale was at 26A. Much
comment was occasioned by the cause which so
much depressed the above stock-to wit, the post
ponement of the payment OF the interest due to-
day on the first mortgage bonds until the I'd inst.
The following letter from the Treasurer Will fully
explain the situation.
OFFICE OF UNION PACIFIC RAILROAD CoMPANY.(
Boston, July l, 1873.
This company having been enjoiDed yesterday
afternoon, at the suit OF the United states, from
paying or permitting to be paid the interest due
this day those of its first mortgage bonds which
were distributed as dividends allotments OF the
profits to shareholders OF the company, either
directly by the company itself, or Indirectly
through or by the seven trustees under the cakes
Ames contract or Davis contract, or through or
by the Credit Mobiller OF America, and which
bonds remain In the ownership, custody or control
OF any stakeholder, person or company, to
whom they any OF them were distributed or
allotted. Notice is hereby given that each party
presenting first mortgage coupons for payment
will be requested to state who are the owners
thereof and II the same belong to the classes OF
bonds above described, then whether said bonds
or the said coupons or either OF them remain In the
ownership, custody or control OF the persons or
companies above described or either of them. All
coupons not enioned as above will be paid on and
after the (third) Sd instant.
BY order OF the Executive Committee Of the
Union Pacific Railroad Company.
HIGHEST AND LOWEST PRICES.
r'he toInuving fable ehov tho hi III lowaet