The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-25
HERALD TUESDAY FEBRUARY 25 1s7srRP1E SHEET

and like amount on the sterling debt; holders OF
coupons, when the same are presented at the
Treasury to receive . non-interest bearing certia
cate in lieu Of the unpaid interest No provisions
are made for the redemption OF matured coupons
it being thought best to leave that branch OF the
subject to be acted upon independently by the
Legislature. bill will be Immediately
prepared and introduced embodyng the pro-
vision OF this agreement. The following
were the closing quotations Tennessee ex cou-
pom, s2H So; do new, s2K SO; Virginia, ex
coupon, As a SO; do, registered stock, old 81 a
AZ; do skies, consolidated bonds 55k 55I; do.
skies, deferred scrip, Is l5H Georgia skies, rs
so; do sevens, SO Of North Carolina ex coupon,
32 "a; do, to North Carolina Railroad, 90 a O.;
do, funding, 1866 % 81; do. do 1868, % Is; do,
new, Is 10; do, special tax, Ia a 16; Missouri
skies, s4h 95; d. Hannibal and st. Joseph, 91h
92; Louisiana SKIES, ~ a So; do, new, As so;
do, levee skies. SO q So; do d. Fights, so a 65;
do. do, Fights, 1875, 60 a 65; Alabama 1ves, 81
81; do. Fights, so 81; South Carolina skies, 40 a
5o do, new, January and July. 2o,a 81; do, do,
April and October "a rs; Arkansas skies, funded,
40 q so. "~'''Ar 80. * '--"sss-sx7..
GOVERNMENTS STEADY.
The government list was moderately active, and
prices were steady, except for brief interval In
the afternoon, when few sales Of CTS were made
at decline to 116I. The new flves were firm The
following were the closing quotations. limited
States currency sixes las 1l4s; do. do, 1881,
registered, 116X 117h do do. do, coupon, 1IsH
1855; do. fvetwenties, registered, May and No
vember. 1157s 1853; do. do, 1862 coupon, do,
1853 l15%; do dO 1854, do. do, 115a 1855 do,
do. 1865, do. do, 116 1854; do. do, 1867 regis
tered, January and July, 114s 114A; do. do,
1855, coupon, do, 1142s 114H; do. do. 1867, do.
do, 116h 1863; do. do, 1868, do. do, 116n
1863; do ten-i0rties, registered, 111A a 111H;
do. do, coupon, 11471 l145s; do. fves of 1881,
registered, 1881 l13H; do. do. do, coupon, 1884
ia.
STOCKS STRONG AND DULL.
With two or three exceptions the stock list was
firmly supported, despite the scarcity OF money,
and the market, while stll incontestiby dull, was
appreciably more active. The chief feature in the
upward movement was Western Union Telegraph,
which advanced TO 9254, but reacted about one per
cent before the days business was over spirited
demand for Rock Island carried that stock up to
las, and as high 115'S was paid where the
buyer had the option of waiting sixty days before
making payment. The see-saw between
WABASH AND LAKE SHORE,
under the further influence of the completion of
the Canada Southern Railroad, which is an ally Of
the one and'a rival OF the other, was again Illus
trated in an advance OF one per cent in
and half per cent in the latter. Erie, keep
ing ahead, as usual recently. of the London
market, advanced to $50, and New York Central
recovered to 1041S. The enormous earnings OF the
latter road-about $25, ,OOO-or the year ending
October 1872 explain the position the price the
stock'has occupied the past month or so, or since
THE OFFICIAL REPORT
was made public through its transmission to the
State Engineer in obedience to the requirements or
the law on the subject Of railroad returns. In con-
spicuous contrariety to the general tenor of the
market Pacific Mail was weak and at times IN a
condition of halfpanic, the price dropping from
7Os to 672 and reacting to 69li. only to fall still
lower to Ga, the depressing influence being the
expected withdrawal Of the subsidy granted last
Winter by Congress, now that the members Of that
virtuously indignant body have had their anger pro-
voked by the charge of the Of corrupt means in
the furtherance Of The passage Of the law granting
the subsidy Boston, Hartford and Erie sold at
9X on the news that the Erie Company had moved
IN the United States Courts in Massachusetts, for
an injunction to prevent the Trustees from fore.
closing upon the road.
. HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest