The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-05-20

Gold cleared So. $40, Oo0
Currency balances ACKNOWLEDGEMENTS. 1858, 149
The engagements for tO-morr0w's steamers are
estimated at over 100000.
NEW LOAN.
The additional subscriptions to the new loan re.
ported to the Treasury Department to-day amounted
to 100000. making the total subscriptions and con-
versions TO date $64,o7o0Oo.
GOVERNMENTS STEADY.
The government list was a shade lower. In sympa-
thy with the reaction IN gold but steady, Its ten
dency to fall back with the latter being checked to
a great extent by the prevailing ease in money,
which renders government bonds peculiar favorites
for temporary investment pending the inability to
get better than three four per cent for the OF
money on call. The folowip.~ were the closing
street qu0tatons:-Bnited Sta currency skies,
1855 1i5a4; do. do 1881, registered, 1174 1l7i;
do. do. do, coupon, 1174 117s; do. 1ve-twentes,
registered, May and November, 111ss 1l1A do,
1862 coupon, do, 11ll 1l12s; do. do. 1861, do,
d. ll1ss 1117s; do do 1865, do do, III Il 111T;
do. registered, January and July 1lsI ia; DO
do, 1865 coupon, 1857 ia; do. do. 1867. do,
do. 1875 l4; do do, 1868. do. do, ia a 11AH;
do, ten-fortes, registered, 1895 100I; do. do
coupon, 10 ll0L.
SOUTHERN SECURITIES QUIET.
There was O duller feeling in the Southern State
bonds, but prices were generally steady. The lead
ing issues were quoted follows at the close:-
Tennessee eX-coupon. 70Ts Il; do new, 705s q II;
Virginia ex-coupon 6sk a SO; do. new, 1915 70;
do. registered stock, Old, 81 a 57d; Georgia skies,
| SIS 50; do. sevcns. e3 a o5; North Carolina ex-
coupon. asa 4sal; do funding, 1885, So 80; do.
do, 1865. 80 a 81: do. new, 26l 271f do. special
tax 2Ois 81; Missouri skies, 95k 9514; do. Han
nibal and st. Joseph, "a 95 Louisiana skies. os1s
q 20; do. new, 81 a 65 do levee skies. 70 -; do
Fights, "a 81; Penftentiary sevens, 70 70; do.
Railroad eghts "a IS; Alabama fves. 70 70;
do. Fights, 103 l04 do. Railroad Fights, 95 %;
South Carolina skies. "a rs; do. new, January and
July, 63 $50; do do. April and OCTOBER, 6l1a g.;
Arkansas SKIES. 55 a 60; do. sevens, SO g.
THE QUESTION OF COMMISSIONS, AGAIN.
BY way OF protocol to the original decree on the
question of brokerage the President Of the Stock
Exchange has caused to be circulated the following
Instructions, mandatory and explanative.-
J. Commissions are to be charged under all cir
cumstances purchases or sales Of stocks, bonds
or other securities either Tor members OF the Board
or for persons not members or the Exchange.
sesaon applies 70 al persons a1s not members
trust companies. &C., and In no case can such per-
sons banks, trust companies, &C., be represented by
clerk on salary, but such parties must pay the
rate OF one.slxtceuth. OF one per cent commission
on the par value of all securities bought sold by
5. Firms Of which one is member of the New
YORK stock Exchange; or any individual member OF
the New York Stock Exchange, can have u repre-
factory obllraron with the secretary OF the Board
that the SAID firm individual member is respon.
sibe for the acts OF his attorney, and the SAID
attorney his part podgng himself to do business
ne is the acknowledged representative at the New
WIN. g. CLERKE, President.
STOCKS ACTIVE AND UNSETTLED.
The transactions at the Stock Exchange embraced
wide range AMI large dealings, with the
speculative sentiment active and divided. The
movement for higher prices had rather brilliant
beginning in the forenoon, but under pressure OF
sales to realize aud OF sales on speculative account
the market broke down In sympathy with q sudden
decline III Erie, which, after an early advance 10
g.; ran down to 2S5s. The influences at WORK
IN this stock have been alreauy fully ex-
planned in this column, wherein 1t will be
remembered, care was given to omit all reference
TO the various rumors OF It's Intended purchase by
outside parties. These stories having served their
purpose ana brought the public in as buyers, the
clique have sold out, and are now manGuvrng to
get the stock back again at the cheapest figures pos
| sible. Lake shore, following its progress Of the
day previous, had risen to 1131 before turned by
the downward tide. New Jersey Central. which
s also among the numerous lines to he
.lcased, Gt is singular these wonderful leases
are not arranged in the winter time, when
stocks are low advanced 10 ll4sz. The proposition
to lease Is said to come from the Reading Company,
who are WILING 70 Jake the roao anu pay per
cent upon its capital stock, raised to $20,000,00
which would allow stock dividend OF 33k per cent.
New York capital stock and scrip came on the car
pct quite suddenly late in the day. owing to private
advccs that the internal revenue tax on the 80 per
cent dividend Will not DC enforced.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices of the principal socks during the day
Highest LOWEST.
New York Central consolidated. l00A 00h
New York central SCRIP. ........... 954 %
Erie ......................... 81 2SX
Readmg .........................1l 114A
Lake shore. ..u3ls I1L
Wabash ACKNOWLEDGEMENTS. 6f7s 64A
Plttsbur1 .................. .128k 127
Northwestern. ACKNOWLEDGEMENTS. S8n s5X
Northwestern preferred. ............ 9sn 9s
Rock Island .........................115h ll4k
Milwaukee ana ST. PAUL.. 62L 62ss
Milwaukee ana 80. Paul preferred. ...s2 SIX
Ohio and Mississippi. ............... 81 HL
New