The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-04
NEW YORK HERALD TUESDAY FEBRUARY f. SHEET.

within the next two years. The South Carolinas
were heavy and the general market steady.
The following were the closing quota
tions Tennessee, ex coupon, s3h a S3Z; do.
new, s3H q s3&; Virginia, ex coupon, Al a so;
do, registered stock old, 81 a AZ; do. skies. con-
selidated bonds, 551s 56I; do. sixes deferred
scrip. IA Is; Georgia skies, rs SO; do. sevens,
90 q 90; North Carolina eX coupon, "a q 34a; do,
to North Carolina Railroad, SO a 81; do, funding.
1896, 26 %; do. do, 1865, 23 81; do, new, Is
10; do, special tax, Il a Is; Missouri skies, 90
9Sk; do, Hannibal and st. Joseph, 90 a Of;
Louisiana skies, so 60; do, new, As q So; do.
levee SKIES SO 81; do do. Fights, so 10; do. do.
Fights, 1875, 65 a rs; Alabama nves, 81 a 90; do.
Fights, 81 81; South Carolina SKIES, 40 a SO; do,
new, January and July, % 22H; do. do. April and
October 2416 20; Arkansas skies, funded, So 45.
GOVERNMENTS STEADY.
Government bonds were steady for the general
list, the new fves being firm at 1872, on level
with the London quotation to which reference has
been previously made. The lower ruling of gold
caused parallel depression in the newer five
twenties, but seemed at the same time to stifien
the quotations OF the currency skies. The follow
ing were the closing prices:-United States cur
rency skies, lis 1851; do. do, 1881. registered,
1l6s a III; do. do, coupon, l1sX l1S%; do. fve-
twenties registered, May and November, 114's q
Hay do. do 1852, coupon, do 1l4s l14H do. do.
1884 do. do, nay ll4% do. do 1866, do. do ll5A
a Il5<; do. d. 1867. registered, January and July,
141 ajax; do. do, 1866, coupon, do l14h nay;
do. do 1867, do do, ll6h ll6H; do. do, 1885, do.
do, 1l64 116x do. ten-iorties, registered, 111X
111X; do. do coupon, H4X 1851; do. fves OF
1881, registered, lis bid; do. do coupon, ll3%
1l31.
STOCKS ACTIVE AND BUOYANT.
The signs OF coming animation furnished In the
tenor of the stock market last week were not illu-
sive as the record OF to-day's business will begin
to testify. Almost as soon as the brokers got to-
gether this morning the market led Off with an &C
tivity and strength which 1t maintained pretty
much to the close Of business, exciting every now
and then from the delighted spectators the re-
mark that It was ian old-fashioned bull market"
1t looked as the several pools had got their forces
we'll In hand during the leisure of the interval since
Saturday and had made q brilliant dash all along
the line, to speak In the
MILITARY METAPHOR
so often used In narrating the movements OF ope-
rators In the stock market under cover of the
syndicate flourish Of trumpets. The leading
feature was Western Union Telegraph, which
was carried up to 90. as against 81 the
last price Saturday evening. During its ascent,
and when in the vicinity Of SO, 1t was
subjected to the pressure Of series ofheavy sales,
under which it receded to s7. the sellers being it
was alleged, the brokers Of Horace F. Clark for
whose reputed account they disposed of nearly
twenty thousand shares; but the pool shouldered
this additional load and gave the market fresh
start which took it to
THE DAYS MAXIMUM
of 90. The entire transactions in this stock
ceeded one hundred thousand shares or over one
third Of the capital stock not in the Treasury The
next more Important movement, which was again
heralded by the presence Of ex-COngressman John
MOrrssey, in the vicinity of the Long Room, in
New York Central, whose price advanced from
1o47s to 1861. Northwestern preferred advanced
to "a, but receded to 90. An active revival Of the
speculation in Erie in the Tendon market was fol-
lowed by fresh activity this side and advance
to 69h. The several
SMALLER FOOLS
came up in the rear with rise OF IL per cent in
c., G. and l. c., X per cent in st. Paul, and per
cent in Lake Shore. Boston, Hartford and Erie,
after early advance to 1917, fell OF to Ga on the
rumor that the directors had decided to open the
transfer books, which would make market for
the Boston certificates recently selling at s O So
per cent. Lackawanna advanced to 103, and closed
at 1929. 1t is said that the recent injunction
against the New Jersey Central Company was
granted in friendly way to enable an appeal to
the Court OF last resort and so hasten the end of
the dispute by
FINAL DECISION.
1t will be seen by an article in an adjoining COL
umn that the Harlem Railroad Company have de-
cided to issue consolidated mortgage of
So, OOO, 900, Of which an equivalent amount will be
devoted to the cancellation Of outstanding bonds
as they fall due, and the remainder to number Of
contemplated improvements" among which it Is
shrewdly surmised is the Fourth Avenue Under
ground Railway The company will negotiate at
present only two millions of the new bonds, which
will bear interest at per cent, payable seminar.
nually in May and November, the principal being
redeemable in the year 1900.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices of the principal stocks during the days.
Highest LOrest.