The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-05-24


lows
Sod balances. LAG 4I3
currency DalanCeS. 1888, 1896
The Germanla, for Europe, took out $780, 500 in
specie, OF which $4,000 was in silver. The engage
ments for 10 morrow's steamer amount to about
$S5o,01O.
MONEY THREE TO FOUR FER CENT.
There was essential change In money, except
perhaps rather better supply at four per cent.
Tho government dealers borrowed and loaned at
three per cent. Exceptional transactions were re-
ported at two per cent but they consisted OF sudden
offerings Of balances late in the dav when accounts
had been generally made up. The inquiry for prime
paper is undated, and first class names can be
placed at five per cent discount.
GOVERNMENTS LOWER.
The government list follows the gold market, bat
In diminishing ratio. In fact should the decline
in gold assume serious rapidIty 1t would doubt
less cross the government quotations ana leave
them al slight premium particularly those OF
bonds not liable TO immediate redemption. We
have already Indicated that Mr. Boutwes success
IN placing the new loan hes rather in the marking
down OF gold than in any stimulus to governments
themselves for the reason that II god were once
at par the fyetwenties would command q
premium. II New YORK Central skies are worth IS,
as quoted to-day, there Is no reason why govern
ment SIX per cent bond would not be worth los.
The topic is painful, however as suggesting what
maladministration there has been OF the financial
affairs OF the government The final street prices
were as folows:-United States currency SKIES
1l5A ll52s; do. do, 1881, registered, 117l4 q
117x; do do, coupon 117il I175s; do. FIVE
swenties registered, May and November 11l,s a
1IlA; DO do, 1852, coupon, do, 11Iss 11Ia; do.
do, 1854, do do, Ills 1llA; do. do 1885, 40. d.
Ill lllsi; do. do, registered January and July,
ll3S l1SX; do. do, 1865 coupon, do, 1885
1887; do do. 1867, do. do, 113s1 49,; DO,
1885, do. d. 1877 ia: do. ten-forties, registered,
1oaa4 losh; do. do, coupon, 1924 1927.
SOUTHERN SECURITIES FIRM.
The southern list was firm and moderately active
the inquiry to-day running on the Tennessees. which
were strong and higher. The leading bonds were
quoted at the close as fonows:-Tennessee ex-cou-
pom. rs ia; DO new, 71S 7lsl; Virginia
ex-coupon, 6sls 90; do. new, 7SH a "A: Georgia
skies s7a 80; do. sevcns, &c "a; Norh Carolina ex-
coupon As ASK; do. new, 26s4 81 do. special
tax, 20 2015: Missouri skies, e5h Q5L: do. Han
nibal and St Joseph, e4b e5; Louisiana skies, CD
II; do leyee skies, 20 a u; 90. Fights, 81 81;
Alabama fyes 20 rs; do. eiIhts, lo3 a 1o4 do.
railroad Fights, e5 1907 south Carolina skies. :.
so; do, new, January and July, GA 64is; do. do,
April and october, 81 a o2i4; Arkansas skies, 55
o IS; do. seyens, so d2.
STOCKS UNSETTLED AND IRREGULAR.
The complexion OF the stock market was
changeable as the weather on an April day, although
It's general movements might be described as fol-
lowing the line OF curve, dropping down in the
afternoon and sharply rising again toward the close
OF business. me cliques evidently determined
TO confuse the mind OF the street to their plans
and hence the fckle and unsettled tone which they
gave TO the market, weakening II ut one time
10 depression and Strengthening 1t at an
other TO buoyanoy and hrmness The re-
sult at the Close very irregular
line Of prices some being up and Others well down.
Union Pacific was the weak spot, aud went of two
per cent-a decline paraeled by New Jersey Gen.
trial. which was In less request, on the theory that
the Reading Company have withdrawn their offer
or a lease, although such an ntimaton may org-
nate In desire 10 get the stock al cheaper prices,
Its recent sharp advance having been too much Tor
the plans OF interested paroles Reading was firmer
on the developments made with reference 10 the
new loan and The object thereof Rock Island pur-
sued Its upward movement, and got far as il7i<.
Lake shore, after puzzng the street, as usual by
going down to 49,, continued the puzzle by rising
70 ll4}s. Consolidation Coal advanced 10 81.
FlGaE6T AND LOWEST PRICES.
The following table shows the highest and lowest
49,