The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-04-29

Gold cleared, ear -ha mn
CUrrency balances ''... 1'S 20, 1Ss
Ihe Assistant Treasurer paid out $470, 900 Oh &C.
count OF May interest. making total OF $4,oO00 600
shsbnrsed SO far this week. 81 ,~.~~- va. -
49, Governments HIGHER AND FIRM.
The advance in gold, the easier feeling in money
Hnd an Improvement In the London quotations for
hve-twenties rendered the government list
buoyant and induced further advance in
prices. The 'eTs sold at as high as Ils, and
the '62's at the close were not offered
1t less than ll41<. The buying movement derived
much Of its forceIrom The anticipation OF demand
next week for the reinvestmsn Of coupons and also
Eom feeling that the programme OF the Treasury
department for May Will include the purchase Of not
less than eight millions Of fve-twentes. The fol.
lowing were the nnal street prices:-United States
currency skies, hoy IlS1i 40. slxes 1851, regis.
tered, llex III do. do, Coupon, 1l6T If; do.
nve-twenties registered, May and November, llOss
Alloh; DO. do, 1862 coupon, do, ia lax; do.
d., 1884, do do, III lllx; DO do, 1896, DO. do,
Ala lax; DO. do. registered, January and July,
1l2X l1Sh; do. do, 1885, coupon, do, Ils
1l3h; do. do, 1867, do. do, ll3 q Il3H; do. DO,
1885, do do, ll3 1l3s do. ten-fortes registered,
a0sH . 1851; do. do, coupon 1927 q 1907.
THE NEW LoAN-THE TREASURY BALANCES
The additional subscriptions to the new loan re-
amounted to SOL 0Oo making the total subscriptions
and conversions to date SOL 400 The following
were the Treasury balances at the close Of business
to-day:-Currency, $e,745.OOO; coin, $780, coo, oOo
Ol the latter the sum OF ST. $50 900 is represented
by coin certificates.
STOCKS HIGHER AND STRONG.
The discovery or the supposed discovery, that the
more recent heavy sales which occasoned the break
in the stock market were not the unloading OF the
s'bul" cliqpes, but the offerings OF grand .'bearn
combination recently organized, or, to speak more
properly. perhaps, recently revived, with view to
reverse the course Of prices, led to o steady
and gradual but powerful reaction, which
Dolterated IN considerable degree the traces
OF the recent depression There is no Disgusting the
fact that the sentiment OF the street and the public
Is strongly enlisted on the 'bul,n side, obeying
doubtless an impulse which is only natural at this
season. when imitation and expansion are invited by
the redundant abundance OF money for speculative
uses. AT the same time there was cautious and
nervous feeling evident In the days transactions as
eachery were constantly dreaded. In fact could the
sbul cliques convince the public that they are not
selling through the "bearr cnques they would Gnd
them generous allies in all that they may undertake
20 do the remainder OF the season In the way OF a
movement toward higher prices; for a "bear'' is
NJ all times fair game for the street. and would
agonies. Al least good many who have faith as
well as cash took stock to-day in the professions
Of the "bulr' leaders and lent the market their
assistance in It's reaction. The serenity Of the
day was not at all cloudess, however, for
early in the morning this faith was weak,
especially as Lake Shore went down TO 1884, and
eome OF the other specialtles OF the hour In the
same proportion. The reaction produced consld-
cradle uneasiness among the "bears' later in the
day, particularly those in Lake Shore, who on being
poked with the jest which offered in fun, but re-
eeved with seriousness that the scrip dividend
would be declared over night, thought 1t best to
avoid such danger and hence the price OF Lake
Ehore took sudden start by itself and outstripped
everything else In a sudden upward turn TO liz on
the sidewalk after the crowd OF brokers had left the
Stock Exchange. In fact. the best prices made
and maintained toward or at the close OF dealings
ON tue street
HIGHEST AND LOWEST PRICES.
q xiuyt abl ha vys hest nd law