The New York herald., 1871-06-27

| IL A. NJ .lI2x SF M............1lZ1a ~
IF. $3.50 p NJ ..Iiaa il2ss
In the gold loan market the rates ranged rom .
| per cent for carrying to nat for borrowing. The
operations OF the Gold Exchange Bank were as
| follows:-
Gold cleared. s22, 2e5, 600
Gold balances. ACKNOWLEDGEMENTS. 947 l2O
Currency balances. .................. l,O66,6SJ
The engagement OF specie for tom0rrow's steamer
| already amounts to $780, 900.
GOVERNMENTS STRONG.
| The government list was steady and strong, but
| quiet. The transactions OF the day developed TO
new feature OF interest," and prices closed on the
| street as follows:-United states currency skies,
us a 1l5A; do. do, 1881, registered, 1l4'i
114H; do. do, coupon, 1l7zs lis; do.
five etwenties, registered, May and November
1928 1l2X; do. do, 1862 coupon, do, 1928. a
1125s; do. do, 1864, do. do, 112,s 1l2x do. do
1865, do do. 1l2s l12x; do do, registered, jan
uary and July, 1l1S 1l1%; do. do, 1855, coupon,
do. 1141s lis; do. d0 1867, do. do, ll5 ll5s;
do do. 1885, do. do, 115 ll5i4; do. ten-fortes,
registered, 1l02s l10M; do. do, coupon, ll01a
ll0X.
SOUTHERN SECURITIES DULL.
The Southern state bonds were duh outside OF the
Tennessees. which were dealt in to some extent but
hardly enough to be called active. The old issues
were sJrong and the new barely steady A rather
and special tax bonds Prices closed as Iollows:-
Tennessee, ex-coupon, 72k %; do new, 1914 721s;
Virginia, ex.coupon, 60 81: do. new, 72 a 73; DO.
registered stock, Old 5414 55; Georgia SKIES, So
SO; do sevens, OIL 49, North Carolina, ex. coupon,
4os4 Az; do. funding, 1868, 35 81; do.
do, 1858, 80 q 49, do. new, 27H 27H; do.
special tax, 21 a 21A; Missouri sixes, 96k
81; do. Hannibal and St Joseph, 95 95la;
louisiana sxes so a ~; do. new, "a 81; 90 evee
skies. 20 70; do eights, SIS a SO; do. Penentiary
sevens, 10 -; do railroad eights IS a 10; Ala
bama nves, 67 20; do elghts, 102 l04; do. rail-
road eigh:s, 90 100; South Carolina siXes "a IS;
do. new, January and July, 61a 81; do do, April
and october, 60 a 81; Arkansas skies. 81 a SO: do
sevens, so a GA; Mobll, and OHIO RalrOad sterling,
81 a IS; do. do. interest eights, 80 50; do. do.
second mortgage egnts, 81 20; Mississippi Central
Railroad first mortgage sevens, SO q S5; do. do.
second do etghts II q so; New Orleans and Jackson
first, 30 90; do. do second, IS 7s; Memphis and
Charleston Railroad first, s5 a 81: do. do second.
20 81; Greenville and Columbia Railroad, guaran-
teed by South Carolina IS a 81; Macon and
Brunswick, guaranteed by Georgia, "A "a II; Will
mington, Charlotte and Rutherford eights, SO a So;
Memphis and Little Rock Railroad eights, ~ a rs;
Memphis city skies, 81 a So; Savannah city sevens
So; New orleans consoIs old, "a 10; no. issued
Railroads, SKIES, 73 rs; do. seveus IS a Il.
STOCKS STRONG AND DULL.
The stock market was strong and IN the forenoon
quite buoyanr The bears seem to have oversold
the market in the panic last week. and the discovery
OF the fact has impeled the covering movement Of
the past two or three days. The outside public are
still doing almost nothing and the market is entirely
in the possession OF the professional operators The
bears, in seeking to remedy the oversales Of the
Rock Island panic have bought quite largely, induc
ing the recent rise in prices while the cques have
utiu lotn hV hnv olc
movement communicated fair degree OF activity
to the earlier business OF Today, but after the
second board the market became nearly stag
nant The books OF Lake Shore have been
closed, and the parties to the question OF further
issue OF the stock now enrolled 1t is Intmated
that in the interval the clique who are in the ma
jority, will quietly sell their stock cx dividend,
which will give them a handsome profit, and
then 60 ''short against the meeting in Cleveland
next month"; at which they will adopt cut and
dried resolutions to the effect that "Whereas.
&C., the declaration OF an extra stock dividend Is
not expedlent. &c, &c JUST now, the whole matter
be indefinitely postponed. This intimatlon is based
doubtless upon the possibility rather than upon the
probability OF such q contingency. 1t is Ger.
tain, however, that with the books closed
the persons thereon registered as stockholders can
part with their stock and yet retain their power to
vote at the meeting. II the matter OF an extra
dividend on Lake Shore should be prolonged to
next year il will he only IN futherance OF the grand
"milking process 10 be employed In this stock, to
which reference has been made in this column, and
for which 50 many temptations are offered. The
street was 'milkedr Tor several years with the New
York Central extra dividend, and the intermediate
viclssitudes OF the stock were OF the most varied
character. But the clique In this instance appear
TO be loaded up with the stock at time
who
and not so ready to eaten at the glittering bats
Of Wall street. In fact. the community at large
are more conservative and less enthusiastic about
the fortunes to be made In st0ck-gambllng than IL
usually the experience at time when money Is SO
much Of drug as 1t now is in this city. The clique
may therefore be driven to the desperate necessity
of declining an extra dividend for the purpose OF
extricating themselves from their present situation.
The deliveries OF Lake Shore for transfer to-day
quite irregular, and some or the ''sh0rls' were
compelled to pay as much as a quarter per cent for
cash stock In advance OF the price the regular way
The transfers OF Reading and the scarcity OF Ohio
and Mississippi occasIoned transactions in both these
shares at nat for borrowing.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and Lowest
prices OF the principal stocks during the day.
Highest. Lo,rcst.
New YORK Central consolidated...... s7ts 96A
New York Central scrp.............. ~ Sla
Erie. ...........'.'..''.......N Ns NA
keauln9 ......s.............llt5 Ilosa
Wabasn Observation-Disclosures. 50 SIX
pittspuIg: ll,ss az
Northwestern. rn........................ 1914 TN
Northwestern preferred ............. sS;s S7a
Rock Island .......................Il1s l1oX
~. Paul. .......s........,.......... 6ota 5Sss
st. Paul preferred. ................... l9h 7lI
ohio and MISSISSIPPI ............... 4bA 451s
" Y. anu S..........s .s......'....... IDss wa