The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-20
SOUTHERN SECURITIES DULL,

SSIs sS$ 4 r. me ~ isS'ss s " i.s S
~ SOUTHERN SECURITIES DULL,
The Southern State bonds were dull almost to
stagnation. The Tennessees and Missourls were
better to the extent OF u o n per cent, and the
new South Carolina July bonds weak. The October
South Csrolinas were firm at rs. The special tax
ponds Of North Carolina were strong at IA. The
action OF the bondholders' meeting to-day will be
found reported In another column. The following
were the closing quOtatiOns:-Tcnnessee, ex
coupon, 79H 7eA; do. new, 7eK 79A; virginia
coupon, As q 80; do. registered stock, old, 80
AZ; do. skies. consolidated bonds, 65x S5h;
do. skies, deferred scrip, HH 14%;
Georgia skies, Is q 80; do. sevens, so 90; North
Carolina, ex coupon, 80 "a; 90. to North Carolina
Railroad, 60 62 do. funding, 1866, % 20; do. do,
1868, p 2s; do. new, Is 20; do special tax,
10 Is; Missouri skies, 94Z a94H; do. Hannibal and
st. Joseph, 81 . 90; Louisiana SKIES, At o So; do
new 46 SO; do. levee sixes 6oa 60; do. do. eights
20 65; do. do Fights, 1875, 90 70; Alabama fves
81 So; do. Fights, so a 81; South Carolina SKIES
40 q SO; do. new, January and July, q 20; do
DO, April and october, "a q rs; Arkansas SKIES
funded, 40 q 60
GOVERNMENTS LOWER
The government list was depressed by tie
scarcity Of money, and prices were n y lower
and barely steady at the decline. The market was
lows:-United states currency skies, 114H a 1l4zs;
do. skies, 1851 registered, 1861 1174 do. do DO,
coupon, I1s1l 11sA; do. fvetwenties, registered,
May and November. 115H a 1lt%; do. do, 1862,
coupon, Do, 115H q 1154; do. do, 1864 do. do,
11bH 1865; do. do, 1855, do. do, 115k 1l6;
do. do, 1867, registered, January and July, HAY
a l14A; do. do, 1856, coupon, do, 114H 1l4%;
do. do, 1867, do. do, 1164 ll6%; do. do, 1868,
do do, l16A 116h; do tenforties, registered,
III O 1l1h; do. DO, coupon, 1l4A nay; do.
nves OF 1881, registered, 1l3a 11s1s; do. do do,
coupon, ll3h 11aA.
STOCKS DULL AND LOWER.
The stock market was dull, owing to the contin.
ued absence OF an outside public interest, and
transactions were confined to the haottuGs and
daily operators OF the street. The SPECTATORS for
decline had the better OF the days contest, the
market being weak under the further pressure for
money and declining n q x per cent. New York
Central went Off to 1929 on the revival OF The pro
rata nightmare In the shape Of o 'rider' on the
bill in the Legislature to authorize the company to
lay two additional tracks between New York and
Buffalo.
THE PRO RATA PROJECT
Is regular phlcbotomizing dodge OF the Albany
Lobby, introduced every year. and Is never intended
to 60 beyond second reading. The pro
posed Erie investigation caused q further
decline to 63sl, but the price subsequently
reacted unler tendency TO sympathize with
the strength OF the London quotation, which,
as already narrated, closed at 65 Boston, Hart
ford and Erie fell to o. on the failure of the dreC-
tors to do anything at the meeting to-day In the
way OF propping up the stockholders position. A
report OF the meeting and Of the situation OF affairs
generally in
BOSTON, HARTFORD AND ERIE
will be found in an adjoining column. Pacific Mail,
after working its way up to 70, fell back to Tx on
the Introduction in the Legislature OF a resolution
to submit Its affairs to the investigation Of special
committee. The Governor Of New Jersey mas
signed the bill legaizing the consolidation OF the
New Jersey Central and the Lackawanna Railroads,
ceptionally strong, and advanced from SsA to ss%
in face Of the downward current Of the general
market, the movement being 'bul" undertaking
to Offset the speculation Of the "bearsn in the
stock, who are the alleged
LOCKERS UP OF MONEY.
Union Pacific was steady, all things considered,
result, doubtless, OF its being 30 heavily over
Sold (No pun Is intended upon the name OF the
party charged with overseeing the stock.) The
latest amendment on the payment question in
Congress takes the following form The Secretary
Of the Treasury is directed TO withhold all pay
ments to the amount OF payments made by the
United States for interest on bonds issued to the
Pacific Railroad companies, and such companies
may bring suit in the Court OF Claims to recover so
much OF the money claimed as shah have been
withheld. Either party to such suit may appeal
to the Supreme Court, said Courts to give pre-.
cedence over all other business. st. Paul was
lower IN the forenoon but rallied and closed strong.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
of no nriu alstO To rin no