The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-29
NEW HERALD TUESDAY, S7sQuADKUPLE SHEET.
May !, WIN ne pu1o AZ maturity at the once OF the

May l. WIN ne puIa AZ maturity at the ONCE OF the
company, No. % Pine street.
The coupons OF the first mortgage bonds OF the
New York and Erie Railroad, falling due May i
1873. will be paid on and after that date at the
offices Of Messrs. Duncan, Sherman a. Co.. NO. II
Nassau street.
Coupons OF the Central Colorado Improvement
Company bonds maturing May win be paid on and
after that date upon presentation at the ONCE Of
Drexel Morgan Co., No. So Exchange place.
SOUTHERN SECURITIES DULL.
The Southern State bonds were dull but SO far
rs quoted firm, the Tennessees bringing SOY and
the new South Carolina April issues rs. In expla-
nation OF the recent frmness In new South Caro-
linas we have advices from Columbia which state
that a number Of the holders of the bonds have
united in demand for payment Of interest and
the levy OF special tax next FAN to meet it. The
authorities in reply quoted the action OF the State
Convention in protesting against any payment OF
interest until the extent and nature OF the State
debt had been investigated and definitely ascer-
tanned. The claimants will next take legal pro-
ceedings to enforce their demands which, they al
lege, are justified by
LEGISLATIVE ENACTMENTs,
their action SO far having been preliminary to a
movement for redress in the courts Alabama
Fights were done at 81 q SO. The following
were the closing quotations Tennessee, ex
coupon, 80 Sok do, new. 79A S0A ;
Virginia, ex coupon, 43 So; do, registered STOCK
old, 81 q 40; do, SKIES, consolidated bonds, So o
53h; do, skies, deferred scrip, 1917 IA; Georgia
SKIES, IS rs; do. sevens, 90 81; North Carolina,
coupon, % q 80; do, to North Carolina Railroad,
81 GO do, funding 1885, Is 10; do. do, 1858. II
10; do, new, 10 IS; do, special tax, IA Isl;
Missouri skies, 93z "a; do. Hannibal and st.
Joseph, 9011 81; Louisiana skies, 40 o so; South
Carolina skies, rs 40; do, new, January and july
IS 10; do, do, April and october, ~ 80; Ar
kansas skies, funded IS q AZ.
GOVERNMENTS STEADY.
The government list was q fraction lower, in re-
Spouse to the decline in gold, but steady fair
demand for bonds having arisen in connection with
the reinvestment OF the May interest. The cur
rency skies were exceptionally strong, and at the
close were held at 115H. The following were the
final quotations limited States currency skies,
114x 115E do. skies, 1881, registered, 17 117h;
do. do. do, coupon, 1905. 1907 do. ve-twenties,
registered, May and November 115 1151&; do. do,
1892 coupon, do, l1Ss 11Ss<; do. do, 1864, do.
do, uSh 1881 do do, 1885, do. do, 100 120k I;
do, 1867, registered, January and July, 1171
u7A; do. do, 1865 coupon, do, 117x 117A; do.
do, 1867, do. do, 1898 a 119A; do. do, 1865 do.
do, 117h 11s; do. ten-fortes registered, 111a
liz; do do, coupon, 113x 113X; do fves OF 1881,
registered, ia lis; do. do do, coupon, 116
1161.
STOCKS WEAK AND LOWER.
The uneasy feeling In monetary circles begotten
OF the peculiar circumstances attending the sus-
pension of the Atlantic Bank led to weak and
lower market at the Stock Exchange the decline
in prices being accelerated by sales of Pacific MAIL
Western Union and other stocks held by brokers
who had been doing business for the defaulting
cashier of the broken bank. These latter transac-
lions were generally through with by midday after
which time the market rallied and was getting
along promisingy until 1t encountered the activity
in money, when IL succumbed . second time and
fell to still lower prices the last quotations toward
four O'Clock being the lowest, or within trine OF
the lowest OF the day. The greatest change was in
Pacific Mail, which
FELL THREE PER CENT,
to 5514. The decline elsewhere ranged from x to OK
per cent, these extremes being illustrated by Erie.
which was held by q clique against the general
drift of prices, and st. Paul, which seemed
abandoned by the party lately supporting 1t.
Western Union declined to 83A. The Treasury
programme was generally regarded by the street
as opposed to easy money; but the fact was for
gotten that with the copious supply Of national
bank notes now in the banks the Treasury gold
sales will aford the banks an opportunity of con.
verting their deposits into legal reserve and
thereby greatly strengthen their capacities for the
accommodation Of borrowers. The announcement
is made that the transfer books OF the Chicago and
Northwestern Railroad will clese the SOth inst.
against the annual election. During the course OF
the day of the banks notified their customers
that they would not certify as literally as usual
heretofore, and asked a modification Of business
accordingly.
n nvVc cr pDYN
! The following table shows the highest and lowest
prices oil the PRINCIPAL stocks during the day =