The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-05-16


eagles 10 come out. Tue market was also strength
ened BY usual reports as 10 tne amount OF specie
ukely 10 be shipped this week, and by the rather
positive assertion that the steamer OF tomorrow
Will take al least half million. There Is growing
scarcity in the supply Of cash gold available Tor de-
Avery on speculative sales, and some borrowers had
10 pay consideration for Its use. The course Of
the market Is shown IN the table,
10 A M.............lIl1a L. M..............llI5s
lo:I5 A. M..........ll1S T.. M.............1llss
la M......... ....!lla I. NJ. ...lIlA
Il MS $3.50 T. NJ. ILLS lllA
4 4. M.......... ..lil5s
In the gold loan market the rates ranged from
swo cent for carrying TO two per cent for Dor
rewlng. Tne operations OF the Gold Exchange Bank
were as ioows:-
go e
SOiu pa,ances ....'..'.'............,. ovs4
currency balances. l,Ol2o42
THE NEW LOAN.
The additional subscriptions to the new loan
ported 10 the Treasury Department to-day were
$14l,ooo, making the total subscriptions and CONVEX
Ssons to dale So, 81, 700
GOVERNMENTS FIRM.
The government LIST advanced in sympathy with
the rise in gold especially as the London quotations
came steady If not strong. The general market was
firm at the Improvement but hardly active. The
following were tue closing street prlces:-Unted
States currency SKIES lis ll524; do. skies 1851,
ASsASiSu, ila1s lltta 10. 40, COApOu llits u
1l7l4; do hye-twenties registered May and Novem-
Der, 11l14 1l13s; 60. do. 1885,, coupon, d. 1l14
1ll1a; do. do 1864, 20. do, 11114 a l1ls; do. DO
1865, do do, ILL., l1l9S; do. do registered, Janu-
airy and July, 1881 11324; do. do. 1866, coupon,
1l3n ll3a4; do do, 1867 do. do 1885 1l3s4; do.
do. lt6S, do do, 1l3 1884 do. ten-fortes, regis
tered lo95s los'4; do. do. coupon, 1929 1922.
SOUTHERN SECURITIES STRONG.
The Southern State bonds were strong and fairly
active showing quite revival Of interest on the
part Oh investors. The inquiry freely on the
low priced North Carolnas, which likely TO
come In for favorable action on the part OF the
Estate authorities 1t Is not improbable that an
effort Will De made to resume interest payments
the special tax bonds which were the last issues
and were created under a law authorizing the
imposition OF a special tax 70 pay their interest.
AT least the committee 10 whom the financial
question was referred by the Raleigh Convention
seem disposed 10 exert their influence for a
speedy revival Of the States credit The
discussion and debates in the recent Convention
at Columbia, by giving vent to the nl-feehng or
both parties in South Carolina aud enabling them
10 come to something like harmonious understand
ing, nave produced better feeling IN the South
CarolInas evidenced to-day IN the advance OF the
July ponds 10 "a. The Tennessees were firm and in
strong demand at 20. The following were the final
street pr!ces:-Tennessee ex coupon, 20 q 1914; do.
new, ~ a 70I; Virginia ex COUPON GO 70;
90. new, " 721s: do. regular STOCK, old,
564 a 57 Georgia SKIES, So 81; do. sevens,
e3a a "a; North Carolina, coupon, As
45l4 do funding, 1866, IS 4o de- do, 1868, 80 81;
do. new 264 q; 40. special tax, 2ojs a 81; MIS-
souri, skies. 9j1a "a go; do. Hannibal and st. Jo-
seph "a a %; Louisiana skies, 90 TO- do new, 6215
q 65; do Levee sXes 10 a ~ do. do, egnts, SO
sS do. Pententiary sevens, 70 "A; do. Railroad
Alabama fyes. 10 a elQltS.
100 a l04; do. Railroad eights % 9S; South Caro-
hna skies, IS IS; do. new, January and July, 6314
C3S4 do do, April and October, 60 e. Arkansas
SKIES 81 u 90; do sevens, SO a co.
STOCKS IRREGULAR, WEAK AND LOWER.
The dealings In the stock market were irregular
Doth IN volume and IN tone. In the morning trans
actions limited TO Erie and Union Pacific, OUT
side OF which almost utter stagnaton existed, If we
except the modestprced II. tie Boston, Hartford
and Erie. which, being about as cheap as lottery
tickets usually are. attracted much OF the lighter
speculative interest as was INDIFFERENT about the
risks Of the big stocks. "Harem once sold
at 4 you know,n was an argument used more
than once to explain ventures in It. Union
Pacific advanced TO 363, Erie to y ana Boston,
Hartford aud Erie to 4 Ia the afternoon the market
grew weak on whispers that the Washington Ire atty
sure 10 be rejected by the Senate, and the I'M
eas.nes5 thus produced was intensified by rumors
that General PleasonIon had ordered the collection
Of the tax on the so per cent scrip dividend
OF the New York Central Railroad Company. The
stock and scrip OF the latter suddenly declined
one per cent, and the general weakness as
sumed activity, the. list giving way In all
directions. IL here announced that
the Senate had risen from the executive
session at two O'Clock without having uone any
thing worse than listen TO a speech In advocacy OF
the treaty, anu the market suddenly rallied, elicit
ing the usual suspicious OF "a scoop;r but the i'm
proyement was only transltory. The decline set in
again. and al the close the lowest prices OF the day
were made Tor majority OF the leading stocks. the
chef exception To this condition OF things being
Afforded by the dminutive Boston Hartford and Erie
wnlch held up at the best quotation made since the
original proceedings to place the road in bane-
ruptcy. The earnings or the Columbus, Chicago
and indiana Central Railroad for the month OF
April show an increase OF $40, 795 tile CORE
spending month OF last year.
HIGHEST AND LOWEST PRICES
The following table shows the highest and lowest
nrices of The principal stocks during the day