The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-05-10

buyers being domestic investors OF Moderate
means. the following were the closing quota
tions United states currency SKIES 1lSx u6H;
do SKIES 1881, registered, 11sk 1lSh; do. DO,
coupon, INK 12Ix; do. nve-twenties, registered.
May and November, 1l5k 11o; do. do, 1862, cou
pom, do. ll5x ll6; 40. do, 1854, do. do, 1854
lle; do. do, 1855, do. do, 117k 1l7h; do, 1867,
registered, January and July, 1lS 1ls&; do. do,
1886, coupon. do, llsh 1lSh; do. do, 1857 do.
do, ll9 a12o; do do. 1858, do. do, 1lss l1SI;
do. ten-forties, registered, 1llz a liz; do. do,
coupon. 113h ll3K; do. fves OF 1881, registered,
ia lis; do do. do, coupon HAY a lis.
INCREASE OF INSURANCE CAPITAL.
The business OF fire insurance In the State OF
New York is recovering rapidly from the pros
trating effects OF the Chicago connagraton, not
withstandlng the intermediate drawback OF the
Boston calamity. From the report OF O. w. Chap
man, the State Superintendent OF Insurance, re-
Gently made to the Legislature, we learn that
between January l, 1872 the Chicago fire was IN
October, 1871, and the Boston fre in November,
1872 and April l, 1879 there has been added to the
insurance capital OF fire and marine companies or
gained In our own State &c. S500O0 contributed by
TWELVE NEW COMPANIES.
II to this be added the capital that has been
raised to make up impairments the total amount
OF new capital invested In the fire and marine in
specified was se.o5a,ilo The reduction in insur-
ance capital by companies OF the same class and
during the same time has been 81, ,OOO-the re-
suit OF shrinkage by losses at Chicago dlscontn
uancc OF business. At the close Of the year 1872
there were seventy-two fire, nre marine and ma
rine insurance companies OF other States and c0un
tries doing business In this State and although
there had been many changes the total number
was the same as at the close OF the previous year.
On the LIST OF April, 1879 the total number Of such
companies had increased to Lightweight, the add
tiona capital represented by their agencies in this
State being about $1e.5OO.O0o.
STOCKS STEADY AND FIRM.
The stock market was nrm and singularly steady,
the average nuctuatlon in the greater part Of the
list having been only y a X per cent. St Paul
varied only per cent The extreme nuctuation
was in Pacific Mail, which advanced from 53K to
So, closing at 55A. In addition to rumors OF q
struggle for control Of the company at the coming
election the explanation OF the rise 1t was said
that q heavy "bearr operator In the stock had
been taken dangerously Ill and had sent
orders to his brokers to close his inter-
est. Panama jumped from 115A to 117A,
and closed at reaction to 49,, the
statement being made at the same time
that the following members had retired from the
direction, viz. Edwards Pierrepont, G. L. Hotch-
kiss, L. S. Stockwen and G. G. Haven, and that the
new Board. OF which A. B. Stockwel remained
president, was as follows:-W. B, Leonard, T. w.
Park (of Bennington, Vermont), H. II. Baxter,
George H. Pullman, George s. Scad Alden B. Stock
well, T. B. Musgrove, Il. W. Gray s. J. Herriott, J..
M. Burke, A. Masterson, S. L. M. Barlow and F. W..
G. Bellows The proposition to
POOL THE EARNINGS
Of the Northwestern and ST. Paul roads, announced
in the HERALD as having been under discussioNa
few months since, has led to an agreement by
which the Northwestern is to get so per cent and
the st. Paul 40 per cent Of the aggregate earnings,
the arrangement to go into effect as soon rati-
fed by the holders OF the preferred Northwestern
and preferred st. Paul stock and to continue seven
years. At the close OF the day q smart advance
took place in New Jersey Central which sold at
1861 las high as LOT being bid at one time, without
bringing out any stock), and in Delaware, Lack
awanna and western. which closed at 104h. The
sudden rise is attributed to Q rectincation of the
differences of the two boards Of directors and the
adoption OF harmonious plan OF operations I'M
der the consolidation agreement. The movement
in Western Union was stronger on the reports OF
the contemplated absorption OF rival lines, and
the shares left OF firm at an advance to S7h.
HIGHEST AND LOWEST PRICES
The following table shows the highest and lowest