The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-09

lOuOWS:-
\ or the month OF March, 1873. .... 1914 AGO
20, the month Of March, 1872. ............ S75 763
For she month OF March, 1871 ............ 6l4.s4o
increase this year over 1872 ........... essl7
Increases MS year over lS7l............ S60,0l4
Earninos III. Il three months, 1879 . 2.52l. 335
Earnines arst three months, 1877. ... 2O39 $40
Earnings irsE tAree months, 1871. ..... 1856 435
Increase this year over 1872. ........... 4S15l3
Increase this year over 1s7l.... SS4, 800
The earnings OF the ono ana Mississippi Railway
Company for the month of March, 1873 were
1892, scan increase Of s43,o97 over the CORE
spending month OF last year.
SOUTHERN SECURITIES DULL.
The Southern State bonds were exceedingly dull,
the days business being conhnet to few sales OF
Tennessees which were weak and went or to 1917
a 7s1s, but closed steady at the decline. The
following were the closing quotations :-Tennessee'
ex coupon, 79a a 80; do, new, 79h SO; virginia,
ex coupon, "A as; do. skies, consolidated bonds,
524 a 521; Georgia skies, 20 70; DO. sevens,
81 a 90; North Carolina, ex coupon, 20 ~; do..
to North Carolina Railroad, 81 90; no., new II
a 10; d. special tax, 1917 14h; missouri siXes'
es15 a "a; do, Hannibal and st. Joseph 90 OIL /;
Louisiana skies, 43 a At; do, new, 40 ~; South
Carolina skies, 80 40; do, new, January and
July Is a 20; do, do April ana OCTOBER, 20 o 80;
Arkansas skies, funded, 80 A.
GOVERNMENTS LOWER.
in gold, but not to the same extent, the yielding
in the one being only about 4 per cent against u
per cent IN the other. In other words bonds were
really higher than gold quotations. fact con-
frmed by the advance of q In the CTS in the Lon
don market. The following were the closing
prices:-United States currency skies, 1134 q
1875; do. do, 1884, registered. 117A 117h; do.
do. do coupon, 1904 120h; do. fve-twenties,
registered, May and November 1l3A a 1857;
do. do 1862, coupon. do 1173s 1l74; do. do,
1864, 117a a 1l74; do. do, 1866, do do, 1l91s a
119T; do. do, registered, January and July,
1861 III; do. do, 1866 coupon, do, 1l7h a
117A; do. do. 1867, do. do, 11Sla 1889; do do,
1868, do. d. 1171S 1l71a; do. ten-iorties, regis
tered 111i4 1l1a4; do. do, coupon, 1l2s 1929
do. fves Of 1884, registered, lis 115h; do. do.
do, coupon, lis lisa
STOCKS UNSETTLED-CLOsING STRONG.
The stock market opened with fair degree of
steadiness and strength under conviction that
money would be easier; but as the day advanced
and the rate on call hardened to d a Il per cent
prices began to decline as if the patience of the
'bulls had at last given way In the pressure of
sales "for cash. in the interval between one and
half-past two O'Clock the active stocks went down
quite smartly, wabash falling to 67A, New York
Central to 1905, Rock Island to 1925, Pacific Mail
to 55 and st. Paul to 81. The sudden relaxation in
money at q quarter to three O'Clock caused no lit
tie sensation, and came in time to revive the eX-
hausted courage OF the ''bulls," who went to work
once more and by vigorous purchases
RALLIED THE MARKET
to the opening price for most Of the list, and in
many instances effected an Improvement there
upon. In the less active features Panama was
strong, and recovered from 1o4 to 1861. The new
Board of Directors organized to-day and elected
the following officers president, A. b. Stockwell |;
Vice President F. W. G. rellows Secretary j.
Keller and Treasurer, II. Smith Harlem under
went further decline TO 12oA, but closed at re-
action to 123 Canton went OF to so. New Jersey
Central Tell to 90 the announcement that the d-
rectors had passed the current quarterly dividend,
the object OF which procedure is supposed by some
to be for the purpose OF equalzng matters with the
Lackawanna stockholders, who in the pooling ar
rangement Of the two roads, have received one
dividend less than the New Jersey Central Railroad
Company. This is the more charitable interpreta-
ton, however, of the omission Of the dividend,
which is otherwise variously explained in the
street.
HIGHEST AND LOWEST PRICES