The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-06-13
TREASURY MATTERS.

The Secretary OF the Treasury win buy one million
OF nve-twenucs on Wednesday and sell two millions
OF gold on Thursday.
The following were the Treasury balances Mt the
close OF business to-day--Currency, S5,29o,ooo;
coin, $50, o0o or the latter amount Sl6,3o0
represents outstanding coin certificates. These fg-
nres show an Increase In coin of $4,000 and Ill
currency OF $4,000 since the 7lh inst.
The additional subscriptions to the new loan re-
ported to-day are $4,000, making the total to date
sec, 1861 $780,
GOVERNMENTS FIRM.
The government bond market exhibited little
life in response to the advance in the price Of gold
and quotations improved, the market closing frm
The hnsl street prices were as follows:-United
States currency skies, ll5h 1l5s4; do. do, 1881,
registered, ia ll4a; do do, coupon, 111ss III al
do. 1ve-twenties, registered, May and November,
1l23s 1924; do. do, 1862, coupon, do, 1928 a
112h; do. do 1884, do. DO, 1928 I12i; do. do,
1865, do do 1925 l12l; do do, registered, jan
uary aud July, Ill IA do do, 1886, coupon, do
1149s l1ll4 do. do 1907, do do, l143s 1I4S; do.
do 1868, do do, 114ss ll4iz; do tenfortes regis
tered, 1925 1923; do do, coupon, lo92S llos.
THE SOUTHERN LIST DULL.
The Southern State bonds were dull and generally
steady. The offerings OF the new issues Of south
Carolina bonds were more plentiful than The orders
to buy, and prices fell or about half per cent.
OF North Carolina, which were moderately active
and strong. The general list closed fol.
Iows:-Tennessee, ex coupon, 711s Tx; do.
new, 11h 7l1; Virginia, ex coupon, 6s3s 70;
do. new, 73 "a; do registered stock old, 54s 90;
Georgia skies, So q 90; do. sevens. 9a s5;
North Carolina, eX coupon Ala ~ "a: do. funding,
1865, 81 a 3s: do. do, 1868, so n S3; do new, q
IS; do. special tax, 20h 201s: Missouri SKIES s51
e6; do, Hannibal and st. Joseph, 94}s ae424 LOUISE
Ia q .ln Lawn dfv
20 ~; do. do. eghts s5 a 50; do. Penitentiary
sevens 90 a 20; DO. railroad Fights, rs q so; Ala
bama ives, IS u.s. 40 Fights, 102 lo4 do. railroad
eghts 90 a 100; South Carolina skies, II a so; do
new. January and July, 62ai a 63; do. DO, April
and OCTOBER, 81 81 q; Arkansas skies So a IS; do
sevens 80 a82.
STOCKS STRONG AND DULL.
The stock market was strong put dull, and with
the programme Of races at Jerome Park extending
over the current week there is little prospect OF i'm
proved activity unln the races are over. The bull'
ciques are seeking 10 stimulate the public from
their apathy by selling "putsr or privileges to de-
liver them their own stocks any time within thirty
days for consideration OF one per cent,
the price fixed being one per cent or so
below the market. The cliques make this
one per cent clear profit. The buyers or stock
against the puts sold the stock by the ciiques,
who keep the price up until the contract TO denver
expires when the holder OF the stock Is without the
hanoht Of any guarantees against loss. Tho cliques
get IN reality ono per cent more than the market
price for their stocks. Those who are specializing
with good margin prefer 10 insure themselves.
Hence the sale OF one 'put leads TO the
easy marketing OF three or four times as
much stock. The heavy sale OF puts by the
cliques Is u sure indication OF preparation
on their part to sell out their stocks, although such
result may not be Immediately perceptibie as the
unloading process may occupy from thirty to ninety
days and be attended with an intermediate Duoyant
and active market, resulting from the purchases of
stock by those who are provided with puts and
by those who know OF the existence OF such .'puts"
and take the risks without them. so much by way
OF explanation for those who desire TO comprehend
the mysteries OF clique manipulation IN Wall
street. Let the reader stick pin anent
This paragraph and read It again next winter. The
general market to-day was strong and steady, and
toward the close improved IN sympathy with an
active movement IN New York Central which adj
vanced TO 89ss followed by Lake shore to has, and
Rock Island to 122R. The Hannibal and ST. Joseph
stocks panicky, the common falling to IS and
the preferred to s6il. II Is said that Boston,
which was "shor,r but holds control OF the ofices
OF the road, ipduced New York,n which was 'long,n
to sell out Tor the purpose OF breaking the stock to
lower prices In order that both parties may 60
.long" tremendously ana after catching heavy
short interest among outsiders put the price
every high" again. AT least. so "they say.n And
1--WE tell the tale as twas told TO u.s.
HIGHEST AND LOWEST PRICES.
The following table shows the highest ana lowest
| prices OF the principal stocks during the day.
Highest. L0cest
| New York Central Consolidated. es1s ss
...ntet Al N