The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-05
SOUTHERN SECURITIES DULL.

SOUTHERN SECURITIES DULL
The Southern State bonds continued dull but
rather more business was transacted to-day than
usual OF late. The Tennessees were weak and de-
clined to so. The others were steady and perhaps
q shade 1rmer. The following were the closing quo
tati0ns Tennessee, ex coupon, so a s04; do,
new. so sou; Virginia, ex coupon 49, As; do,
registered stock, old, 81 49, do skies, consolidated
bonds, 558 Sc; do. skies, deferred scrip, 14I a
10; Georgia skies, rs so; do. sevens IS co. North
Carolina, ex coupon, 81 80; do. to North Carolina
Railroad, SO 81; do, funding, 1885, 20 81; do,
funding, 1868, % 26 do, new, II Is do special
tax, IA a 1871; Missouri skies, "a; do, Hannibal
and st. Joseph, 90H 90Z; Louisiana sixes so (;
Alabama fves, 81 a 81; South Carolina skies, new,
January and July, COX 81; DO, new, April and
October, 23 "a.
GOVERNMENTS LOWER.
The government list was q fraction lower in SYM
patty with the early decline in gold, and the CTS
sold at 1105s. Currency SKIES suffered depression
OF y, to ia from the activity OF money. The fol.
lowing were the closing quotatons:-UnitedS States
currency sixes la 1143s; do, 1881, registered,
116a 1861; do. do, coupon, 1854 1lSH; do.
hve-twenties, registered May and November, l15H
1859; do. do, 1862, coupon, do, 1861 1857 !;
do do. 1864, do. do, 1853 115s do. do, 1865, do
do, 1861 l16zS do 1867, registered January and
July, HAS 1145S; do do, 1885, coupon, do 1l4ss
114%; do. do, 1867, do. do, 1867 1863; DO. do
1868, do do, 1864 116A; do. ten-orties, regis
tered, 11094 a III; do. do, coupon, 1l114 11lH;
do. ives of 1881, registered, 1872 1884; do. do
coupon, 1877 1884.
STOCKS ACTIVE AND STRONG.
The stock market was active and buOyant with
general and considerable advance In prices. Early
In the forenoon the "bears' gave 1t final shake,
directing their efforts against the ndrensve c., G..
nd hatfa IN 10 n n To-
where, and they knocked the price OF that fancy to
| 80 and sent the others back to about the lowest
prices OF the ''breakn on Monday. At the decline
they quickly scrambled into their 'bull' boat amid
CRY Of "all aboard for the Spring rise and were
joined by hundreds Of heavy buyers the market
becoming excitedly strong and advancing rapidly
during
THE REST Og THE INTERVAL
up to the close OF banking hours, when the pro-
tracted stringency in money and numerous reali-
cations to secure the profits OF the days rise
caused reaction Of more or less extent, but with
out impeacning the general nrmness OF the market.
The advance was led by Pacific Mail, which jumped
to 56Z the intelligence that the investigation OF
the company's affairs had not only not revealed
any loss OF money by the speculatons OF the Presi-
dent but had shown all the loans to be amply Sc
cured by large margins, as much in many cases as
so per cent. 1t also denied that the President
had made any assignment. On the contrary, Mr..
Stockwell appears to have
LEE ALL HIS ENGAGEMENTS,
as he said he was prepared to do, and no broker
has as yet had to complain OF any default in
the keeping OF his engagements The relations Of
Mr.. Stockwell and OF Mr. Jay Gould are further
more represented to be those Of strong friendship
and active alliance. We refer the reader again
to our special reports in an adjoining column OF
the Pacific Mail agitation and excitement and
particularly to the interview with the latter Of
these gentlemen, the revelations OF which will
throw good deal Of light on matter heretofore
GREATLY Misunderstood
in the street. The runner that the House OF Rep
resentatiYes had authorized the Treasury Depart
ment to issue, If necessary or expedient, any part
or all OF the s44 600 Of legal tenders claimed to
be the complement Of the amount fixed as the
circulation OF the legal tender or Treasury issues
OF paper money was not generally credited, al
though the resolution to that effect may possibly
have been adopted In the hurry OF the closing
hours OF Congress without attracting attention.
II so 1t was probably inserted in the Appropra-
tons BILL and was sprung upon the House and
rushed through by the majority OF Western infa.
tionists and paper money men.
HIGHEST AND LOWEST PRICES.