The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-07-25

| 1 AZ "a N inc..... Col Chic Ind LIST $50
S$s E! 81 E Ess;!: x va t Wis
S SSs 81 ISL % WI ~ % d." u
2s 'fs BIDS. s ss. E0st i. 81
I s9SS s ss E. MINI s" l: il g.
GOVERNMENT BONDS.
The market in these was quiet and nrm,
the prices at the close being as follows:-
United States currency skies, lax q 114h;
do. skies, 1881, registered. 1852. 11s,I
do. skies, 1881, coupon, 1l9X Q 1903; do. Ave.
twenties, registered, May and November, 1853
q III; do. do, 1852. coupon, do. lit l17x; do.
do 1884 do do, MY l17z; do. do 1895, do. do,
110h l19H; do. do, 1867, registered, January and
July. III n7k; do. do, 1866, coupon, do. l17H q
lis; do do, 1867, do. DO, 11SX 11s; do. do,
1858. do do. 1857 1lsk; do ten-forties, regis
tered, ll4A: do. do, coupon, ll6h 1lSx; do.
dves Of 1881, coupon. 1l6x ll5X.
| BANK SHARES.
Bank shares were In fair request. Hanover sold
at l04, Shoe and Leather at l49, Metropolitan at
lbs and North America at 101. The latest bids were
| as follOws:-New York, 1888; Manhattan. 164; Mer.
chants NIX; Union. 1856; America, ISL City, 255
Fulton, $50; Mechanics and Traders, 1856; Galatin
National, 100; Commerce, HAY; Mercantile, 1876;
American Exchange, lO7; Bank OF the Republic,
| ITO; Bank OF North America, 1O1; Hanover 101 /;
Leather, 1917; Corn Exchange. 100; Continental
so; st. Nicholas 10; Commonwea SO; Import
ers and Traders, 1888; Park, 14S; New York Ma
tional Exchange, 81; Central National, 90; Fourth
National lis; Ninth National, 103; Gold Exchange,
liz; Bankers and Brokers' Association IS; German
American, COX.
SOUTHERN SECURITIES.
Southern bonds were comparatively dull. Sales
were made OF new Tennessee skies at s0A, Mis-.
souri, skies at 93H, Alabama fves at AK, Virginia
skies consolidated at &c. and Georgia new
sevens at 90. The following are the prices
quoted :-Tennessees, ex coupon, 81 ASK do, new
s0x 81; vrgtnias, ex coupon, AZ q a.; do. sxes
consolidated bonds, So 5sH; do skies, deferred
scrip, l0A II; Georgia skies, u 70; do sevens
30 q Of; North Carolina ex coupon, q %; do.
funding, 1865, 16 10; do do, 1868, Is q II; do
new. Is II; do, special tax, ID a IA; Missouri
skies, 93k 93A; do, Hannibal and St. Joseph,
90 93h; Louisiana skies, As so; Alabama fves,
Al so; do Fights. 10 IS; South Carolina skies,
new, January and July, IA Is; do do, April and
october, 20 "a; Arkansas skies, funded, So 40.
THE STOCK MARKET.
Western Union to-day again led the market, and
perhaps lent to 1t somewhat OF the firm tone which
this stock has recently assumed. The price may be
high, artificial and deceptive, yet active specula
ton in Western Union continues, and there is no
immediate indication that 1t will cease. The OPEN
ing was at 9o,S. and q steady advance to 81, when
there was some nuctuation and recession but
nnal and firm close at 91H. Marked Improvement
was also manifest in Northwest common, which
commenced business at 69K, and late in the day
was in very active demand at 69T, 10 a II, with
but small offerings at the advanced price. The
change In the relationship OF operators since the
noted corner is gradually renewing confidence In
the stock, and the known condition OF the road
seems to be regarded rs q guarantee to those
who are at present investing against any sudden
speculation on q false basis.
PACIFIC MAIL.
This eccentric stock which has so long been the
| shuttecock OF the market was again brought into
notice to-day, by meeting of the Board Of Direc-
tors, who have gone through the formula Of asking
lawyers to decide whether the company had right
to issue bonds for its relief The answer mas been
given In the affirmative and the President has
been authorized to prepare plan on which they
may be issued. The next question that arises will
probably be, who will take these bonds, and at
what price' and, when TAKEN what will the value
OF the st0ckP The upward movement to-day, after
the fluctuations Of the morning ceased, were very
decided, the figures rising from 81 to 3Sh. At
the present writing 1t is OF course unknown
whether the proposed issue will cover only pend
ing obligations or embrace sum sufficient to put
the contemplated new steamers in full working
condition. AS has been already stated, the Cali
fornia negotiations amount to nH Dispatches
were received in the city to-day
FROM BALTIMORE
stating that the first express train from Washing
ton to New York had passed through the new
"UniOn" tunnel in the Monumental City. This
largely enhances the convenience OF through
travel, and doubtless will materially affect the in
terests of several of the railroads which converge
in Baltimore, and will be compelled to employ this
new device for getting rapidly through the city.
LAKE SHORE.
The important announcement Is made that the
entire sinking fund Of this railroad, amounting to
So 900, has been taken up This places the line
in that condition which 1t is understood was re-
quired Of 1t by its President before assuming
control and his presence In the city would seem to
be an suRury that something still further is to be
done In the way OF improvements calculated to
make the entire line over which he now exercises
both direct and indirect control one Of great i'm
portance to the railway interests Of the country.
or
OTHER STOCKS
there is not much TO be said. The record of their
movements will be found below. Erie rose per
cent, occupying, however, but little prominence.
wabash grew stronger, and sold at 71h 72h.
st. Paul common showed q difference OF SKA
52K. Ohio sold between a9X 3oX. c. c. and l.
G. declined from 32h to SIX, improving, however,
to s2,i. Hannibal and st. Joseph declined to SsK.
In Harlem there was an advance Of n per cent.
New JERSEY Central sold at 102K . 102x. Rock
Island closed at 11oK. New York Central was
steady between 104k 104H.
The following exhibits the earnings Of the Mil
waukee and st. Paul Railroad for the third
week Of July 1872 and ls73:-ls72, $94,S56; 1873,
$1e7, 47o-showing increase of earnings for 1873
OF $72,8l4.
HIGHEST AND LOWEST.
The following table shows the highest and lowest
prices OF to-day
Highest Lo,cest.