The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-05-18
sdurHERN SECURITIES.

Southern bonds remain strong, with the excep-
ton OF new South Carolinas, which, in cOnse
quence of the doubt attaching to the legality OF
about &c. 200 600, ind little sale. Old Georgas and
OLD North Carolinas are in good demand. The
bonds are quoted as follows:-Tennessec, ex cou-
pom, 81 a SLY; do, new, s1h S11h Virginia, ex
coupon, IS a 4S; do. skies, consolidated bonds 53
63A do. skies, deferred scrip, IL o 10; Georgia
siXcs 80 SO; do sevens 81 90; North Carolina,
ex coupon, % a 80; do. to North Carolina Rail-
road SO 60; do, funding, 1860, II 20; do, fund
ing, 1885, II o 10; do, new, 10 II; do.
special tax, IA Is; Missouri skies, "a a
94A; do, Hannibal and st. Joseph 81 90;
Louisiana SKIES, 40 a 40; South Carolina skies, 20
SO; do. new, January and July, 16 1873; do new,
April and October, 2o IS; Arkansas skies, funded,
IS a 40 Mobile and Ohio Railroad sterling. so q 81;
do interest eights SO IS; Mississippi Central Rail-
road first mortgage sevens, So 81; do second
mortgage eights, IS SO; New Orleans and Jackson
first mortgage, 90 a 95; do. second mortgage, "a a
SO; Memphis and Charleston Railroad first mort
gage, "a q SO; do. second mortgage "a 70; Green
vile and Columbia Railroad guaranteed by South
Carolina, 81 81; Macon and Brunswick Railroad,
guaranteed by Georgia, 81 a 65; Memphis city sixes
81 So; savannah city sevens, 50 SO; New Orleans
sevens, IS q 81.
GOVERNMENT BONDS FIRM AND ACTIVE.
A good business was done in government bonds
during the day. The market was active and the
price advanced, in sympathy with gold, \ per cent
higher. The following are the closing prices:-
United States currency skies, 115% 1l6; do skies,
1881, registered, 11S4 1852; do, do do, coupon,
l2lS 12lX d. 1fve-twenties, registered, May and
November, 1861 1164; do, do, 1862, coupon, do,
1861 1l8A; do, do, 1864 do, do, 1854
lls4; do, do, 1865, do, do. 117% 117T; do. do,
1867, registered January and July, 11SA q llsM;
do do, 1865, coupon, do, 1857 11S%; do. do,
1867, do. d0 1901 a 1908; do. d. 1868, do. do,
1881 1885 do. ten-fortes registered 1l2 a 1924
do do, coupon 1142s 114&; do. fves OF 1881,
coupon, 114X IFS; Central Pacific gold bonds,
1929 1903. over 100000 of called bonds were
received At the Treasury Department, but no pay
ments for called bonds will be made, with or with
out rebate, before the LIST OF june
BANK SHARES.
Bank shares were in good request The follow
ing are the quotations OF the prices bid :-Manhat-
tan, ISL; Merchants, 11eH; Union, 1872; America,
151; City, 255; Phenix, 100; Tradesmen's, 1884, Me.
chancs and Traders 1907 Commerce, 116; Mer-
camille, 1872; American Exchange, 10S; Irving 122 /;
Metropolitan, 1851; Nassau, 1881; Corn Exchange,
1875; Continental, 80; Commonwealth, Sc; New
York County, 200; Importers and Traders, 1856;
Park, 14s5z; Central National 95; Fourth National,
1l1h; Ninth National, lo4; Oriental, 165; Gold Ex
change, 112; German-American, 99h.
The market opened weak In consequence OF the
advance OF the rate Of discount by the Bank of Eng
land, but subsequently rallied, and towards the
close showed irmness and sympathy with the
steady tone OF the market abroad. New York Cen
trail opened at par went off to $685. but at three
O'Clock was again 1G0 Pacific MAIL which yester-
day closed at 46, went down to 4514, around which
the price lowered for considerable time, but
finally closed at AN. c., c. and /.
G. showed no recuperation. Wabash
nominal all day-6sA a 6sT being the
limits. st. Paul vbrated between 531z san. Erie
sold at 6lh. Western Union improved slightly,
selling at the close at S5sS. Union Pacific ductu-
ated between 80 a 30S.
the general market at the close indicated that
the street was inclined to disregard the foreign
ports and to rely solely on domestic Influences as
was illustrated by the rapid recovery in prices sub
sequent to the appearance OF the bank statement.
The bears PROBABLY achieved their purpose in COW
ering their ''shorts," and the same Iretexts that
have been used depress the entire line OF stocks
may next week be brought in play by the same
men, rampant in the opposite direction to produce
the opposite effect.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices of the principal stocks during the day.