The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-22

ally steady and firm. The following were the
closing quotations tennessee, ex coupon, 10
so; do. new, 70 30; Virginia, ex coupon,
As o SO; do, registered stock, old, 81 q AZ; do.
skies. consolidated bonds. 55x a 557t; do. skies,
deferred scrip. Is 10; Georgia SKIES 70 so; do.
sevens SO 81; North Carolina ex coupon, SO 33H;
do, to North Carolina Railroad, So 90; do, fund
ing, 1866, rs 2S do, do, 1868, "a 20; DO, new,
II 81; do, special tax, IL; Missouri sixes
s2X 93n; do, Hannibal and ST. Joseph 90 a
81; Louisiana SKIES, 90 a IS; do, new, IS so;
do, levee SKIES, so So; do. do. Fights, 80 65;
do. do. Fights. 1875, 60 rs; Alabama ves, 81 80;
DO eights SIS a SO; South Carolina skies, 40 SO;
do, new, January and July, 22k 23k; do. do,
April and October, "a 20; Arkansas skies,
funded. 35 As.
NEW YORK CITY STOCK.
Proposals for $2,6O0,000 city Improvement stock,
authorized by the Laws OF 1859, will be received at
the Comptroner's office up to Tuesday next jan
uary 49, The stock will interest at the rate OF
seven per cent per annum, payable semiannually.
and the principal will be reduced November /, 1892.
Capitalists and others seeking desirable invest
ment are here presented with an opportunity of
getting one.
GOVERNMENTS STRONG.
The government list was strong and higher for
the gold bearing issues, and tribe lower for the
currency issues, the former being quite active and
the market presenting unusual animation, partic-
uarly AFTER 1t was known that the Syndicate had
been virtually given leave to proceed with the ne
gotaton or the new fves. The last mentioned
advanced to 113n-equvalent, ex coupon, to
1l2H-or ~ per cent below the par OF gold, a
margin of difference which must be closed up be-
fore the Syndicate can hope Tor success in proceed
ing to negotiate the remainder of the new ives,
unless they rely upon what they may make out Of
n vhi cd
them In
THE ORIGINAL AGREEMENT
with the Secretary of the Treasury, and Is now
sanctioned by the Committee OF Ways and
Means. The following were the closing prices -
United States currency skies, 1l3N ia; do. do,
1881, registered 115I lie; do do, coupon,
NIX a 1l7%; do. 1ve-twenties, registered May
and November, 1l4}4 114k; do. do. 1862, coupon,
do, l14S 114%; do. do. 1854, do. do, l14H
11475; do. do, 1885. do do, ll61S 1853; do. do
1857, registered, January and July, l142s H6A;
do, do, 1865 coupon, DO, 1141s 114% do. do
1851, d. nSs, 115k 1876 do do, 1858, do' do'
115a. a 115%; DO. ten-lorties, registered, ll2A
49,; do. do, coupon, 1l3 1l3A; do hves OF
1881, registered, nix 1l2A; 40. do'' coupon
113A "A 113h
ERIE RAILWAY EARNINGS.
The following il the latest return of the earl:
Seven Days. Sepen Days.
For week ending January 49,. ss45,5oo $s57,i24
Previously reported-x ....... 1885, SOL 33s5,9O3
Total earnings since Sov:1... ss,54l, 4sl sa74so27
Increase Tor two months and two weeks, to
GATE ACKNOWLEDGEMENTS. 20l,646
STOCKS DULL AND IRREGULAR.
The stock market, while dull and irregular in its
general details. was stronger in many Of its lead
ing features and ut times essayed effort at &C
tlvity and buoyancy. Thus fairly animated bust
ness was done in Erie. Lake Shore New York Gen.
trail and Rock Island at firm prices Erie undergoing
rise to 63ss in sympathy, frI, with the tenor of
the London quotations and in consequence later
Of surmises that the special committee to whom
had been referred the question of the dividend on
the preferred stock had agreed to declare one, and
of reports that the agents Of the company in Lon
don had succeeded in satisfactorily negotiating the
recently authorized
LOAN OF TEN MILLIONS
Should this last mentioned matter prove true,
the success OF the negotiation speaks volumes for
the estimation in which the present Erie managers
are held In England An advance in Lake Shore to
93A testified recurring faith in the ability Of the
company TO keep up the payment OF dividends, and
q rise in Rock Island to 112 is remarkable
sequence to the recent creation Of SIX millions of
new capital. New YORK central was STEADY at
pretty nearly the highest of its lately achieved i'm
provement, and st. Paul in better demand at
rally to 537s. On the other hand there was fresh
pressure to sell Western Union on the
UNEQUIvOCAL DENIAL
by Commodore Vanderbilt Of his alleged COM
plicity in the "bull" movement therein while
lower range of quotations for Pacific Mail and
Wabash attested the existence OF a bearsh sent-
ment, the latter stock experiencing natural re-
action under the wider knowledge and less IA
vorabe Interpretation OF the action OF the COM
pany in issuing the new mortgage loan of five mil
lions. The coal railways were lower under the op
position threatened by the coal trade TO the COM
binatiOns nearer the Mines Otherwise the char
acteristics Of the market are summed up briefly in
the Observation-Disclosures ana dulness, the re-
ported success of the new Syndicate movement
producing much less enthusiasm than might have
been anticipated. However, this last influence is
one which may develop into one of exceeding
Importance before 'the Spring rise" has buried
the debris of "the January thaw."
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices of the principal stocks during the day.
Highest LOtoest.