The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-24

Leather Manufacturers. $50; State OF New York,
losH; Commerce. ll3k; Mercantile, 1872; American
Exchange, 1lOH; Pacific, $50; Bank OF the Repub-
lic ll4X; Bank Of North America, lo2; Hanover.
coz; Irving, 122; Metropolitan, 1872; Grocers 100;
Nassau l01 Shoe and Leather, IA; Corn Exchange,
1870; Continental, ST. St. Nicholas, 1l4 Marine, 165;
Commonwealth. s3k; Importers and Traders, 1872;
Park, l47; Manufacturers and Merchants 9s;
Central National, s5; Fourth National, Ill; Ninth
National. lO4; Geld Exchange 100; Bankers and
Brokers' Association, 80; man-American, 1OaX.
GOVERNMENTS STRONG.
The government bond market was firmer both in
gold and currency values, the cts touching 115x
for some small lots and the new nves holding their
own In face of the decline of u per cent in
geld The fve-twenties show the apprehension OF
the rounding process In the better demand and
higher scale OF prices for the issues most remotely
Liable to redemption, the '6ss being nearly 2k per
cent higher than the '62s. Indeed. the latter are
now accessible at a tribe below their par In gold,
their closing price "nat" this evening" having been
little under 1897, when gold was li3k bid. In
the same way the ten-forties, which are redeema-
bic after 1874. were quoted only about the same as
TIE NEW FIvEs,
although they carry a coupon OF nearly double
value The following were the closing prices:-
United States currency skies, 1917 1l4H; do do.
117H 1l7Z; do hve-twenties, registered. May
and November, nay a us; do. do. 1862, coupon,
do, lax us; do. do, 1864, DO. do, 114N
115; do do, 1866, do. do, ZIG q 116H; do. DO,
1867. registered, January and July, lis q 1l5%;
do. do, 1865, coupon, do, 1l4K NAY: do. do,
1867, do. do. 115h 1l5H; do. do. 1868, do. do,
1l5h 115A; do ten-iorties, registered, 1l3
1877; do. do, coupon. 1i3h ll3I; do. fives of
1881, registered, nv liz; do. do, coupon,
1874 1877.
SOUTHERN SECURITIES STEADY.
The Southern State bonds were steady and for
the Tennessees firmer and more active. The North
Carolina special tax issues sold at 10, the first trans
action i'll a long time. The following were the
closing quotations Tennessee, ex coupon, 79A
sou; do. new, 79% 500; Virginia, ex coupon,
As a so; do, registered stock, Old, 81 a az; do.
SKIES, consolidated bonds, 55A SO; do skies,
deferred scrip, Is 16; Georgia skies. 20 80; do.
sevens, 90 90; North Carolina, ex coupon 80 33G
do, to North Carolina Railroad So 90; do, fund
ing 1866, rs %; do, do 1865, "a 81; do new,
is 20; do, special tax, 10 IL; Missouri skies,
90 93h; do, Hannibal and st. Joseph, 81 a
90; Louisiana skies, so So; do, new, 10 a 80;
do, levee skies, SO 60; do. do. Fights. 30 60;
do. do. Fights, 1885, 60 20; Alabama fves, 81 62;
do eights 81 a 81; SOnth Carolina skies, 40 so;
do, new, January and July, 22h %; do do,
April and october, 241l 25H Arkansas skies,
funded. IS As.
STOCKS STRONG AND BUOYANT.
The patient believers in January rise" were
rewarded with market to-day that promises
liberal reward for their abiding faith and hopeful
expectations, the dealings in stocks having been
not only on more active basis, but attended with
the development OF a strongly bullish sentiment
The secret OF the changed tenor Of the speculative
sentiment lies In the moral influence OF the new
lease of authority to be given the Syndicate in the
matter of refunding the national debt not to
speak Of the confident belief in an easy working of
the money market during the interval hence to the
Spring settlements. The advance taking the lead
ing features, ranged from q to 27S per cent, the
latter extreme being attained in the
CASE OF PACIFIC MAIL,
which sold at as high as 1919, illustrating the
faulty Of the speculation for a decline at COZ per
cent only few days ago: further rise In New
York Central to 1861 has confirmed the prophetic
indications of the nervous presence in the
Long Room Of eX-Congressman John Nor
rissey, to which attention has been so frequently
directed since the stock has taken a leap
above its conventional and average maximum.
An advance in Rock Island to llS1 finds, in ad-
dition to the general explanation Of "a bull mar
ke" the especial reason of an alleged victory for
thescompany in certain lawsuits out West affecting
the title of the company to lands included
claimed TO have been granted by the government.
In Western Union and Ohios there was
AN UPWARD TURN
OF about one per cent, and in Erie a decline and
subsequent reaction of similar extent. Boston,
Hartford and Erie, among the lighter iancies ad.
vanced to So a 0, and Atlantic Mail declined from
II to 1oh, the latter owing to the legal distraint
upon the companys vessels for unpaid claims of
creditors. In this connection 1t was intmated that
these claims had been pressed in the interest of the
Pacific Mail and SANTANA Bay people" with view
to a depression Of the stock or sale of the COM
pany's effects, in order that the line and its fran
chises might pass into their possession. Harlem
was exceptionally lower at 120 1917. sale of
800 Marposa (od stock) was recorded at the mimi
tessmal price OF half per cent-or fifty cents Tor
each share of the par value of 500.
HIGHEST AND LOWEST PRICES.
The following table shows the highes: and lowest
prices of the principal stocks during the day.
Highest. LOrest
New YORK central. ....... .lO5A 104l4
Erie. .......................... 631a 62ss
Lake shore ACKNOWLEDGEMENTS. 81 93l5
wabash Observation-Disclosures. 70 72ss
northwestern. .:........... tNo transactions)
Northwestern preferred. SS% $50
Rock Island 10