The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-24

The Southern State Bonds were steady and
quite dull The Tennessees sold at 50, and the new
south Carolinas July issues) were lower At IL,
although 20 was bid for the April issues. The Mis-
souri, skies were strong The iowing were the
closing ations:-Tennessee. cx-coupon, 79A
1904; do, new, 79k sou; Virginia, ex-coupon,
4S As; do, skies. consolidated bonds $50 "a |;
do, skies, deferred scrip, 151 Ii Georgia skies,
70 IS; North Carolina, ex-coupon, 81; do, special
tax, lax 15H; Missouri skies, 93T "a: do, Han
nibal ana ST. Joseph 90 bid; Louisiana skies, as !;
do Levee sixes SO; Alabama fves, IS q 60; do.
Fights, so a SO South Carolina sixes rs 40;
do. new, January and July, IS a 10; do, do,
April and October. 20 IS; Arkansas skies,
funded, 80 a A.
GOVERNMENTS LOWER. .
The government list was lower under disposi
ton to accept the profits OF the sudden rise OF
Tuesday, and the market was, furthermore, sensi-
tive to the increased demand for money. At the
same time the influence OF the 1rmer market for
gold was neutralized by the lower for foreign
exchange. Hence the market lacked the support
OF purchases for the other side. The decline was
not OF important extent however, and varied from
u to Il per cent only, the old 1858 and the new
flves being about the strongest issue in the list
The government purchase had no effect upon
prices, as the amount taken was Of moderate ex-
tent lin the eyes of Wall street), while the Offer
ings were neither too large to Indicate pressure
to sell nor too little to indicate an unusual
SCARCITY OF BONDS,
although there Is no doubt offer of the govern
ment to buy two or three millions would not be at
tended with as comparatively large proposals to
sell. Tho following were the closing prices limited
States currency sixes Hay I14al; do. sixes 1885,
registered, l17h6 117aS do. do. do, coupon, 1908
1901 do. five-twenties, registered, May and No
a IN d0
1lsn 1857 do do, 1864, do. do, 1857 q 1lS1 /;
do do, 1885, do, do, 100 120A; d. 1867,
registered, January and July, 1l7L 1171; do.
do, 1856, coupon, do, 117h 117s4; do. do, 1867,
do do, 119h 119A; do. do, 1885, do. do, III "a
l17A; do. ten-forties, registered, 1114 1924 do
do, coupon. 1885 1lSX; do. fives OF 1881, regis
tered, 1l4h IFS; do. DO do, coupon, 118 116h.
STOCKS DULL AND UNSETTLED.
The recurrence or dear rates for money has dis
couraged the speculation for rise in prices at the
Stock Exchange and has prevented the accession
Of such outside support as would have been fairly
enlisted by this time had the rate call remained
at seven per cent, or even at slight commits
sion." Those who have been through the recent
stringency are unwilling to repeat the sudori1c
experience OF carrying stocks at "shaves" OF 1-1e
u per cent day, and new undertakings are de-
ferred until the money question is more definitely
settled. The market to-day opened quiet but
became weak at the CALL only to recover quite sud-
denly and become strong during the early part OF
the afternoon, prices advancing u a per cent.
This
BRIEF LIVED BUoYANCY
was soon dispelled by the stringency IN money
between two and three O'Clock, decline ensuing
which wiped out the days improvement and
little more too. The chief weakness was in Erie
which went Off from 65 to 63M, probably on
account OF decrease In the earnings for the past
week. the official return OF which will be received
in day or two. Doubtless all railroads this side
the Mississippi and those connecting with them
have suffered q loss OF traffic from the heavy snow
storm which has prevailed in the region between
the Ohio and the lakes. Otherwise the market left
of only q fraction below the opening standard.
western Union Telegraph advanced from s5h to
s6,S, but reapsed to $50 again, the rise being due
to the rumor already referred to concerning
negotiations for a loan OF five million dollars on
pledge OF the stock by the clique. In the miscel-
laneous railways, Panama declined to 1917 and
New Jersey Southern to 36ss.
STOCKS DURING THE DAY.
The following table shows the highest and lowest