The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-08
SOUTHERN SECURITIES DULL.

SOUTHERN SECURITIES DULL.
Tne southern State bonds were duh and quiet.
The Tennessees were lower. The April and October
issues Of new South Carolinas, which have been
creeping up lately, sold at 81. The following were
the closing Observation-Disclosures, ex coupon so
sou do, new so asoh; Virginia, ex coupon, 4a Al;
DO, registered stock, old, SO 40; do. sixes con-
solidated bonds, 81 So; do. skies, deferred
scrip, 1s2t l4k; Georgia skies, 70 a IS; do,
sevens, 81 90; North Carolina, ex coupon. 30 a
80; do. to North Carolina Railroad, 81 go; do,
funding, 1865 10 25; do, do, 1868, 10 %; do,
new. IL IS; do, special tax, 13ia IA; Missouri
skies, 931l "a; do, Hannibal and st. Joseph, 30
81; Louisiana skies. As At; do new, AZ Al; Ala
Dana lives, IS q 60; South Carolina sixes 80 40;
do, new, January and July, Is 49, do, do, April
and October, 20 q 80; Arkansas sixes funded, 40
o AZ.
GOVERNMENTS BUOYANT.
The government list was buoyant on orders from
Europe, the demand for which market could not be
supplied, owing to the scarcity ofbonds. One German
house took nearly million OF six per cents to-day
and mad orders for twice as much, which could not
be executed The 'o7's sold at 119 and the skies of
's1 at 1901, and both issues held the advance
despite the subsequent decline in gold. Even the
currency skies were frmer, with sales at ia. The
rise was all the more remarkable as q good many
out-oi-town investors including some savings
banks and country banks, sent In orders to sell
bonds owing to the temptation to secure the profit
Of realization at present prices on bonds bought in
the Winter or previously. AS to
THE FOREIGN DEMAND
1t shows the popular undercurrent of esteem in
Europe for the United States government and it's
credit, which the Bank Of England and the London
press cannot repress or divert. The following were
the closing quotations United States currency
uix
117s; do. do. do. coupon, 1909 q 12I; do. five-
twentles, registered, May and November, 1884
1134; do. do. 1862, coupon do, 117ls a 117A; do.
do 1864, 11715 117a4 do do, 1865, do do, 119a4
100; do. do, registered, January and July,
1l6% q MY; do. do, 1885, coupon, do, 1171a
1173s; do. do. 1867, do. do, 11S5s a 119; do. do,
1865 do. do, 117s us; do teniorues, registered,
nix l11& do do, coupon, 11221 113; do. nves
OF 1884, registered, ia 115; do. do. do, coupon,
lis 1l5h.
CORPORATE ELECTIONS
The following gentlemen have been chosen q
committee to make nominations Tor officers of the
Stock Exchange, to be voted for at the election
the 18th of May:-Messrs s. G. Hay George w.
Ely, S. w. Patchen, L. Joseph and S. +. Lock wood
This selection Is equivalent to a denomination OF
the present executive officers Of the Board.
The stockholders OF the Second Avenue Railroad
have elected the following Board of Directors:-
Thomas Crane, Edward Haight, Waldo Hutchins,
Julius WadswOrth, LIE Grand Lockwood George
Bell Joseph Richardson Augustus Z. Masters, John
]. Donaldson, Solomon Mehrbach, William s. Thorn,
Frederick de Billier, James D. Fish, For Inspectors
OF Election for 1s74-Jchn II. Platt, Cyrus II. Lou
trel and Jacob +. Oakley.
The annual election Of the Panama Railroad
Company resulted in the choice of the following
new Board OF Directors by q unanimous vote OF
47.152 sharss:-
S. L. M. Barlow, Edwards Pierrepont, T. B. Mus
grave, A. II. Stockwell J. NJ. Burke G. G. Haven
Gray, L. s. StOckwell, G. A. Avery, +. w. G. Bel
lows.
STOCKS UNSETTLED AND LOWER.
The stock market opened strong, and prices for
an hour improved u a y per cent, on the ex-
pectation of early relief In the money market,
Erie rising to 64s4 in response TO this influence
and the additional effect OF the early advance In
the London quotation An active movement in
Western Union Telegraph caused rise in the price
of that stock to $50. All this Improvement was
rapidly lost soon after, when the stringency in
money recurred and the market eventually went
to still lower prices, Erie, Western Union, Pacific
Mail, st. Paul and wabash declining an average OF
about one per cent. Harlem was demorazed and
tumbled from 129 to 124n, while Panama fell to
l03h.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices Of the principal stocks during the day.
Highest LOtcest.
New York Central. .102 1919
Erie. ACKNOWLEDGEMENTS. t4A 63A
Lake Shore. ACKNOWLEDGEMENTS. 92 9la
WABASH. OBSERVATION-DISCLOSURES. 1Uta 69S
Northwestern. mo tranSactons.)
Southwestern preferred........ mo transactions.)
ROCK Island. ....................ll38 1881