The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-07-31

w. w., COupOu, 10y llo-4, uO. uVcS VI looA,
registered, ll4X 115H; do. do. do, coupon, 1le
1l6h.
SOUTHERN SECURITIES.
The market Ia Southern State bonds was about
as usual, prices being generally we'll sustained.
block OF $4,000 new Tennessee skies sold at 81 |;
Missouri skies OF Hannibal ana St. Joseph issue
sold al 90; Alabama Fights at s4k .
s4H; New Georgia sevens at co. The QUO
tations are nexed:-Tennessee, ex-coupon, SIX
sly; do, new, 81 slx Virginia. excoupon, AZ a
A; do, sixes consolidated bonds. 53n a 53I; do.
SKIES, deferred scrip, IL llH; Georgia skies,
70 rs: dO., sevens, 90 OIL; North Caro-
lina cx-coupon q a %; 40. funding, 1885, 10
q IS; do, do, 1858, Is IT; do, new, Is q 1917;
do, special tax, Is a IA; Missouri sixes, 93is .
e3h; do. do, Hannibal and St. Joseph, 90 a o.
Louisiana skies, 4s a49R Alabama flves At 81 do,
Fights. 70 So; South Carolina skies, new. January
and July, is 1914; do. do, April and October 20
%; Arkansas skies, funded, 35 a 80.
THE STOCK MARKET.
The chief feature to-day was the active specua-
ton foretold and developed in Lake Shore. The
cause of the advance may now prudenty be given.
The President and other representatives OF the
line are said to have contemplated, ever since the
accession OF the former to the management an
early lease of Lake Shore TO the New York Central,
with an attendant guarantee of per cent for the
stock, and interest on the bonds Various arrange
ments have been quietly made and others are still
in progress which look to an early consummation
OF the plan. The result will doubtless be known
within thirty days. Meanwhile large orders have
been received from Saratoga and elsewhere
for the purchase Of the stock at the pre-
vailing prices and both Lake Shore and
Central are advancing as natural sequence OF the
demand. The former rose from OAK to 96. recedng
per cent at the close. Central was firm and
steady at 1865 1851, largely increased activity
being shown in both stocks. western Union on
the contrary showed symptoms OF decline, opening
ut 93ia 93i4, selling low as 81 and closing at
92A. This result was doubtless partially due to
the large sales made to realize and desire to re-
invest profits in the more active and positive spec
uation springing up in the stocks above men.
toned. Harlem failed to sustain itself at the prom
sing figures marked against il yesterday, declin-
ing from 134 to 1884, recovering temporarily, but
at the last calling Tor only 1929. Wabash was
next on the attractive list, and was strong at 72A
a 722l 70, weakening q per cent from the
last named figures at the close. 1t may
be added, however, that nearly the entire market
was easier at this time, as compared with earlier
prices Erie advanced from 59H to 6o2s, but subse-
quently went or to 59ai. Northwestern steadily
holds its own for the present around 69l a SPA a
69%. Those who seem to know state that a lively
movement in this stock will probably occur early
in the future without, however, going beyond the
pale of speculative propriety. Union Pacific be-
gins to loom up again, and to-day sold at % 2Sh.
In Rock Island prices varied only 4 per cent. Pa
cific Mail was weak at 373i 371a 3714. Ohio and
Mississippi opened at 4c14, but finally receded to
s9% Hannibal and st. Joseph sold at 40 39A.
Delaware, Lackawanna and Western at 1907 q
1905 1907 a 1909. New Jersey Central at 1oa
4 Pan W a
was firm at 1O2. c., G. and l. G. was dull at 32ss
32a31Z.
HIGHEST AND LOWEST.
The following table shows the highest and lowest