The New York herald., 1871-08-31


40 A. M.............u2sl 2P. P.M.."...........ll2'i
Il Il a, NJ. ........-.ii2s az. .n2l
IL 2M..-............ll2ss M. 4 Y. P.M.............1t2I
r. NJ .1I2ss $3.50 +. M.. .Il2A. IA 1l2A
In the gold loan market the rates ranged from
3per cent for carrying TO Lie for borrowing. The
operations oil the Gold Exchange Bank were as
fOlows--
Gold cleared. $50, ,355 900
Nod Dalances.. OBSERVATION-DISCLOSURES. 3,1710l6
currency balances Observation-Disclosures. 3,635 02O
The European steamers took ou. Sl4G,0o0 In
specie.
THE GOVERNMENT BOND PURCHASE.
Assistant Treasurer Hihouse ut noon opened pro-
posals to sell five-twentes to the government ana
found offerings amounting TO s2,99l, 400 at prices
(ex-interesp ranging from ll2.4 to Il2.s9 Tnc ac.
ceptcd million cost 1l24l 1892, an average of
about ll2'a when gold was selling at ll25s.
GOVERNMENTS STRONG
The government list was strong aud higher but for
what reason was not clear. The foreign quotations
came weak and lower. gold was only steady ana
the offerings at the Sub-Treasury were about three
times the amount asked for. Taking the usual ex-
pericnce OF the market 1t ought, under such circum
stances, to have been lower. But, the contrary,
it was % u per cent higher. The more rccent
ISSUES OF ive-,wcntics show the most Improvement,
ana the currency issues the most depreciation Tue
following are TIE closing street prices limited
States currency siSes il5Ts 1i6 do. 1881, regis
tered 1lI1i IFS; do. do.. coupon Ilss. q 1Ie; do
ilve-twencs. registered, May and November, i14ss
1l4A; do. do, 1862 coupon. do. lI4ss p ulga; do.
do, 1864, do do has ll47s do. do 1865 do. DO,
ll4S llf2s; do. do, registered, January ana July,
IlS1s llS,l do. DO, 1895, coupon do lI3H a
li3Ss; do. do. 1867, do. do, 1l3s l13al; do. do
1858. do do, LA ll44 do ten.fores, registered,
1lo1s lilh; do. do, coupon, 1i4is 1laHi,
SOUTHERN SECURITIES QUIET
The Southern State bonds continue Inactive and
the daily business IN them Is trining. little more
inquiry was perceptibe to-day, however and a few
sales OF South Carollpas ana Missourls were made
at tui prices. The chief issues were quoted
at the close as rollows:-Tennessce ex coupon, IS
a 7514; do. new, IS 1874; Virginia, ex coupon. 63 a
ca; do. new, 20 Y; do. registered stock old, 52a
53 DO. cOnsos, 65l. 65sl; Georgia sixes s5 81;
do. sevens, 90 Cd: North Carolina, ey coupon a. a
As; do. funding. 1866 3a}. 36; do. do 1865,
80 81; do. new, 20 %: do. special tax, 10
Il l91s; MISSOURI skies, 911a 9S: do. Hannibal
ana 81. Joseph, 96 96iG; Louisiana skies, 81
GO; do. new, 81 q 64; do eyee skies,
Z, 72 do. do cighs. so S5; do. Penltent,ary sew.
ems. I21s -; Alabama 1ves, IS a 20; do. eights,
100 1O1; South Carolina slxes. 701l "A; do new,
January ana July. 57,a SIS; DO. do, April ana Oc-
tober, oaGl; Arkansas skies, SO 54 do. sevcns,
90 u 20.
THE CITY BANK STOCKS.
The following were the bids for the city bank
shares:-Manhattan l47; Merchants, l20; Mechan-
ics' 1874; Union, 1856; America, l4s CITY, 22s: Trades.
MEMS Isl: Galiatin National, I25; Merchants Ex-
change. 100; Leather Manufactures, 1885, Seventh
Ward, 101 Commerce, III; Mechanics Banking AS
sociaiion, 1ls; Ocean, o3h Mercantile, 126; Amer-
can Exchange, 1171s; Chatham. 1861 Bank OF North
America, 1o7; Irving, 1876; Metropolitan, 140; Market,
12S; Nassau, 1Os1s; Corn Exchange, 126; Importers
and Traders, 1873; Manufacturers and Merchants,
1ol; New York National Exchange, 100; Central Ma
tonal 106: Second National, lSO; Ninth National
l16; Gold Exchange, 70; Bankers and Brokers' As
socIation, %.
STOCKS MORE ACTIVE AND STRONG.
The 'bulls,i VINO III afford to nave stocks re-
main inactive, maze a bold demonstration to-day
and gave the market quite busy appearance. They
had the business all to themselves, however, and
stocks dealt In simply transferred from one
set to another of the various clique brokers' The
chef features were IN Ti;sburg or about 4
per cent and in wabash or nearly per cent. In
fact Wabash, whether IN good hands or bad, seems,
as We have had occasion several times
To rcmark 10 have the most legitimate
basis for rlse-tbe wonderful increase
III earnings, which, rs noticed IN this column for
two or three months past. have been improving at
the rate of about $500 900 per month. The Hannibal
and st. Joseph shares, both common and preferred
were also quite active and higher their being
attributed TO purchases by the wabash party, who
are forccasilng an extension OF the Wabash road
beyond the Mississippi, through Decatur and Hanni-
bal. The wabash party are said 10 represent the
same Interests which brought the Fort Way spec
ulation 10 so happy fruitiOn abou: two years ago,
the only drawback IN tue present In
stance being the reported alliance with them
OF professional specuiaori whose presence in the
movement will rob the stock OF any attractions IL
may hold out TO those who have faith enough be-
llevc that Wabash can be made new Fort Wayne.
Harlem also displayed sudden strength in anticpa-
ton Of the dividend TO 1871. Doubtless the
new fame which Harlem Will enjoy on the forthcom-
ing Inauguration OF the Forty second street depot
had much do with the advance. A very strong |
and buoyant tone prevailed but business was siill
Gull, and the brokers' face OF the apparentactvlty
In some OF the specates referred to above, COM
PLAIN OF having literally nothing to do. At the close
the market reacted, and western Union fell OF " |
6l1.
HIGHEST AND LOWEST PRICES. |
The following table shows the highest and lowest !
nS nctr ,ira1c ctnals Iurt rtY,vsp spn "a