The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-22
una SKIES. Is q 40; do, new, January and July
lSk 10; do, do, April and October, "a rs
covRRNMENTS aTRnHG.

una SKIES, 25 40; do, new, January and July,
1874 q 10; do, do, April and October, 24a2S.
GOVERNMENTS STRONG.
The government list opened dull and weak ana
was feverish. with the decline in gold. continuing
until rallied by purchases Tor the foreign mar
ket and by the ease in money late in the day. The
currency skies became buoyant in this recovery,
and were held at lis at the close while the new
I'VE per cents advanced to 116. The follow
ing were the closing quotations:-United States
currency skies, ll4A a us; do. skies, 1881,
registered, ll7A lls; de. do. do, coupon, 1904
a 121 do hve-twenties, registered, May and No.
vember, 1884 a. l14A; do. do, 1862, coupon do.
11S14 1lSh; do. do, 1864, do. do. 1854 1lSh;
do. do, 1866 do. do. 100 a 1904; do, 1857
registered. January and July, III 117A; do.
do, 1866, coupon, do, 1l7h ll7A; do. do. 1857,
do. do, l19 1873; do. do, 1858, do. do, 1l7A
ll7%; do. ten-forties, registered 111A 1924; do.
do, coupon. 113I ia; do fves OF 1884, registered,
1l4h lis; do. do. do, coupon, 1l6 a 1l6H.
THE c., c., C. AND I. RAILROAD.
The Injunction procured by the stockholders oil
the Cleveland, Columbus, Cincinnati and Indian
apolis Railroad, deferrng indefinitely the ratinca-
ton OF the lease OF the road to the Atlantic and
Great Western Railway has been supplemented by
legislative enactment intended to further protect
the stockholders. The new law is thus sum-
The bill provides that no proposed purchase,
lease or arrangement between the managers OF
any two railroad companies shall be perfected
without the assent oil the holders Of at least two
thirds OF the stock oil the company whose road Ii TO
be leased; and STIMULATES that 1.-THE rental reserved
and secured for said leased road shall be equal to
at least the earnings OF such leased road Tor the
fiscal year next preceding the one in which said
lease is made" 1t also enacts that stockholders
refusing assent to the lease, &c. II the same be
carried shall be entitled $40 demand and receive
from such lessee or lessees previous to such lease
purchase or arrangement being consummated, the
average market value OF their stock for six months
hext preceding the day Of the meeting Of the COM
panies at which said lease is approved as aforesaid
on the surrender OF their STOCK" Provision Is
also made for determining the market value OF
such stock in cases where the parties cannot mu-
tuay agree upon the price The fourth SECTION re-
road leased .lul and adequate security for the
payment OF rental and for the preservation OF the
finally it is provided that any railroad corporation
organized prior to the present constitution, and
leasing its line under this act shall thereby ior1et
and lose the special privileges contained In It's
original charter, and be held to be recognized
under the provisions OF the present constitution.
STOCKS UNSETTLED AND LOWER
The feeling in the stock market and In Wall
street in general was much quieter. aud business
opened as calmly as II the late panic were months
instead OF a few days old. The market led of
strong, and during the first hour or two prices i'm
proved 4 per cent, the latter extreme being
attaineu III the case Vi ot. raui WHICH rose 10 oZ74
AS the day progressed the disposition to sell be-
came ascendant, and prices under slow reaiza-
tions gradually receded u IN per cent st. Paul
going back per cent Among the newer fancies
New Jersey Southern advanced to 3s. The clique
controlling this stock are headed by Jay Gould,
whose personal vanity has been aroused, so 1t is
said, to make the road the nucleus OF a new trunk
route to the South. He Is building q leviathan
ferryboat to carry the trains over the water gap
between New York and the long dock at Raritan
Bay, and connecti on will be made with Philadel-
phia via the Camden and Atlantic line. When the
stock is 10 20 per cent higher we shall doubtless
learn that the concern is to be '1eased to the
Pennsylvania Central"
STOCKS DURING THE DAY.
following tahle shows the highest and loxUnct