The New York herald., 1871-11-14


At the special meeting OF the Gold Exchange this
afternoon an effort was made 10 abolish the rule en-
forcing lilo as the lowest rate Of commission. but
the movement was overruled by o vote OF 90 to IS
against II. The repeal OF the rule would have re-
quired two-third vote.
GOVERNMENTS FIRM.
The government market was nrm and generally
steady, The little decline in gold checking buoyancy
especially as the London quotations remained sta
uonary in spite OF the reported easier rates for
money in the foreign market. The ten.forlles were
strong and higher, however, in symparhy with the
exceptional Improvement OF the several classes OF
United States fves In London the new loan being
quoted at an improvement to lzs per cent discount.
The currency skies, being Influenced by the local
reasons Of easier money and lower gold, were very
strong and rather the feature OF the market. The
following were the closing street quotations this
evening:-Unted States currency SKIES, ll3
113x; do. do, 1851 registered, 1l54 a 1lo; do.
do, coupon 17,s ll7H; do. fve-twenties, regis
tered, May and November, III 111X; do. do,
1862 coupon, do, l1lh 1l114; do. do, 1864 do.
do ll114 1l1s do. do, 1895, DO. do, lux 11lT;
do. do, registered January and July, 1884 q 1l4N;
90. do 1866 coupon. do, l13s ia; do. do.. 1867,
do. do, l14s HAY; do do, 1858, do do. l14ss
ll47s; do. tenforties, registered, 100A ITO; do.
do. coupon, lO9A 40.
SOUTHERN SECURITIES ACTIVE.
The Southern state bonds displayed more activity
than has been their wont for a considerable time
the speculative and investment inquiry taxing quite
o range OF the list. The Tennessees were quite
strong, with dealings up to 67k and the new
South Carclinas were IN better supply, at SO 35.
Good buyers show disposition to take the latter
bonds at current quotations, even with the uncer-
tainty as to large overissIe, tho eject Of which,
they reason, has been discounted. Or course they
take oil the chances with the investment The
new Texas ten per cents met their first sale
to-day, at co. which was bid Tor more Tue fol-
lowing were the closing street quotations FOR
the Southern st:-Tennessee, ex coupon, 81 q
6s; do new, 671s t8 Virginia, coupon, SOY go;
do. registered STOCK old, 81 So; do skies, eonsoli
dated bonds 62l+ 90; do. skies, dcferred scrip,
PIX 2S; Georgia skies, n 81: DO sevens, 81 Oh;
do seveDs gold, 81; North Carolina, ex coupon,
s7a 3e do. funding, 1866, 2s 20; 40 do, 1868. %
a "a; do. new, 1919 20; do. special tax, is q l6;
Missouri Sizes 96A 97i<; do. Hannibal and st. Jo-
seph, e3 95: louisiana skies, 6a GO; do. new, 5s
62; do. levee sxcs. 81 65; do do. eights 20 o so;
do. do cights 1875 20 rs; do Penitentiary sevens
60 IS; do. railroad eights 20 SO; Alabama fives
81 70; do. eights, 80 100; DO eights, Montgomery
and Eufala Railroad, 30 VS.; do. eights, Alabama
and Chattanooga Railroad, 90 So; South Carolina
skies, 20 IS; do, new, January and July, sAa< 35
do do, Apr and october, 81 u 3S; Arkansas sixes
STOCKS s1RoSa AND HIGHER.
The fortuitous combination OF circumstances at
tending the monetary situation here and abroad, SO
unusual, II not abnormal at this season, has been
further taken advantage Of by the 'buln c.iques
but without as yet enlisting much interest on the
part OF the outsiders, although that will doubtless
come lsay the "Dus') II human nature remains the
same for a few weeks hence as 1t has been
In the past experience OF Wall street In
deed the courage OF the 'bulr' cliques IN
taking hold and buying without stint month
ago, when the Chicago disaster and the
failure Of abeut thirty insurance companies threat
ened universal panic deserves no ordinary reward.
They have wavercd once or twice since they turned
the market In the upward direction and would per.
haps have taken their profits had public enthusi-
asm been extended enough TO have made market
for the immense quantity OF stocks which they are
credited with possessing. But the public have sell
dom had so little interest In stock speculation.
Hence the absence OF an essential requisite to the
success OF unloading. 1t was doubtless desperate
determination to await their day-for s'Dulls" and
"bearsb each have their day, wait they ever so long
that turned them once more TO the business OF ad-
vancng prices, and as the only speck OF danger In
the future SO far they could see, the danger
OF a 6zzle IN The Syndicate manipulation OF The new
loan on December ], and as Washington and London
advices gave assurance that trouble need be ap-
pretended in that direction, steam was let into the
speculative engine once more and fresh departure
taken for an indefinite des,lnation the high road
OF prices. The extent Of the days Improvement Will
be seen by an inspection OF the table below OF
tie highest and lowest quotations OF the leaddg
stocks in which enumeration we omit Lake Shore
'oldu stock, which is now rarely dealt In owing 10
the small sup ply the street, the certificates hav
ing been nearly all submitted TO the Union Trust
Company Tor receipt OF the scrip dividend and con-
verted, by stamping, into new" stock. Pacific
Mail was active report that the parties seeking
control or the next election viii, II successful,
for an immediate distribution Of such assets
stand in the company's treasury.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices OF the principal stocks during the day:--
Highest. Losrest
New York Central consolidated ...... g24 el1s
New York Central scrIp............. 67A s6ss
Erie. .....,............... u "a 3lla
EeaQtnR III 1U31a
Lake SnOfe new .........s..ss.... BOA to4
Lake shore scrip. SO4 fg4
WABASH. ....................,... 03I 62l
Northwestern. 80. .....,......... Cl2 G0M
Northwestern preferred. d.............. 20 s9A
Rock 1sland.. ..102X 10lH
ST. Paul .......................... 5d4 6eH
St Paul preferred. ed.................... rs 77I
Ohio and Mississippi ................. 40k so.
Union facihC. .:...........s.,.... 255s PAX
Hannibal and 81. Joseph.............. 5f5 55
Hannibal and 81. Joseph preferred. 10 osH
western Union Telegraph. ........... 65. G41,