The New York herald., 1873-07-01
eoUrHKRN ,sscuRIr1Es.

In this department Vothing was done during the
day. not single sale occurring to change the
either -of market or Of price. 1t ID SAID
that the lttley y'State of Florida will during the
coming monv. pay the interest due on her ponds
in gold. Hsr public debt amounts to mere baga-
telle, and while it has been involved in some DIM
Guilty byreason OF past bad legislation the State Is
now emerging from the tolls, and promises to take
her place among her honorable interest-payng SIS
ters of the Union The south Carolina bonds are still
IN legal muddie. An investigation into the char
acter Of about three millions OF dollars OF
BONDS ALLEGED TO BE FRAUDULENT
IL demanded by the people, and the suit pressed oy
Northern bondholders to compel the Comptroner
or the State to levy tax to pay the interest,"
thereon Is not yet decided Should man.
damus be granted, the bonds will, doubt
less, advance in price, and holders here may
take advantage Of the occasion to unload
The following the present quotations OF the
Southern securities Tennessee, ex coupon, 80 a
500; do, new, 1914 a 80; Virginia, ex coupon, 43
4S; do. skies, consolidated bonds 547s 55A; do.
SKIES, de.erred scrip, 10 IL; Georgia sixos, 70 a
so; North Carolina ex coupon, 20 2S; do. to
North Carolina Railroad, So a 60; do. funding, 1896,
Is 10; do do, 1868, 15 II; do, new Is IT, do,
special tax, II IA Missouri SKIES, 95A 961s; do,
Hannibal and st. Joseph, 90 93; Louisiana skies,
45 a 55; South Carolina SKIES, new, January and
July, Is 10; do. do, April and october, q "a;
Arkansas skies, funded, 80 40.
STOCK MARKET
manifested trine more activity than is customary
on Mondays at this season OF the year, and GER
tainly more tnan was anticipated at the close of
business on Saturday. The morning speculation
was comparatively tame. but subsequently, owing
to variety of causes several OF the stocks began
to move IN sympathy with each other, and con-
siderable sales were made. The most prominent
feature Of the day was Lake Shore, which began
work at s3a, and steadily advanced under the pro-
pelling power OF couple OF industrOusy circulated
statements to the effect, first, that q member OF
the Vanderbilt family would probably be elected
President Of the company; and second, that the
payment OF a dividend was assured. The price
went to "a 941o d a q, but at the close receded
to 946. Next IN Importance was Western Union,
which opened at s4a4, advanced to So at the first
board and S51 after noon. Later reaction set in,
as consequence, doubtless, Of the weakness of
some other stocks, and the last sales were made
at s41s s436. Pacific Mail travelled hard road.
Various rumors were noated concerning the pos
sibilities of the company and
THE PURPOSES OF THE DIRECTORS
under the influence OF which the stock was vigor-
ously fought down from 37}s to &c. then through the
fractions of the latter figure to 357S 35al, with
rally at the very close to &c. This depressing effect
was felt on the general market as the day waned.
Northwestern common put in a modest appearance
at 71% a 71h and sale of the preferred stock
was reported at 81 ex-dividend. Union
Pacific sold at 25I4 253s 25&, but re-
ceded to 25h 25's. Ohio and Mississippi
found market at ssh Ss1s 3s94 asH,
touched 80 and closed at 3S%. g., G. and l. G.
steady at 2S1S q 2s1a. Rock Island advanced from
1854 to 1Oo14, with the loss Of Is per cent at the
final sale. Toledo and Wabash was dull at 6S 6S1s.
st. Paul sold at 5O2S, 81 511s 51A4 81.
Boston, Hartford and Erie at 21d; Harlem at 124;
New Jersey Central at 1858. Erie opened at 62a4,
but declined in sympathy with London quotations
to e2,s. Hannibal and st. Joseph sold at 36aI
37K, New York Central between the extremes of
1925 1014
HIGHEST AND LOWEST PRICES.