The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-05-09
FINANCIAL and COMMERCIAL.
WALL STREET,
MONDAY. Nav 8-0 p. M.


MONDAY, May SO p. MI
On 'Change today wheat was heavy and lower.
The cotton market was firm and moderately active.
THE STOCK EXCHANGE ELECTION.
The members OF the Stock Exchange have been
largely engrossed to-day with the annual election
for officers. The contest at the last moment mar.
rowed down to the selection for vice chairman on
the main ticket and to difference on three four
names upon the list Of candidates for governors.
As usual, the canvass has been conducted
with considerable merriment. In addition
to the "regular' and independently tickets
there were an ACKNOWLEDGEMENTS" ticket,
o .'united Germany ticket and o .'wOman suf.
frage" ticket, the last mentioned presenting among
its candidates the name Of the fair Helen, who
created such row In the Erie camp by transferring
her affections from one to another or Two OF the
leading dsputants in one Of the numerous Erie
quarrels. Tie tickets for governors were badly
scratched, indicating quite q determined fight on
the part OF the opposition. Otherwise the election
had at the time or the closing Of the Stock Exchange
resulted In the choice OF the following gentlemen
For President, William B. ClerKe; for Chairman
NJ. A. WheelOck; for Vice Cha rman, James Mitchell;
for Treasurer d. @. Hays Tor Secretary, b. O. White
The alterations Of the Stock Exchange will be
commenced tomorrow, and, pending the operations
of the wOrknen, the sessions of the board Will be
held in the old hail OF the open board OF brokers,
where the "Long Room'' viii also be temporarily
established. The State bonds will be called in the
government room, which will not be disturbed.
MONEY FOUR TO FIVE PER CENT.
Money seems to have settled down for the present
to the rates Of four per cent on governments and
five per cent on stocks. Some exceptions occur,
however, at three per cent ON governments and at
six per cent on stocks. Prime paper ranges from
5H to Ga per cent.
Foreign exchange was dull and arm, but un-
changed.
GOVERNMENTS STEADY.
The government list was steady, but DUH The
currency skies were fraction better ana the
ten.forlies o shade lower. The following
were the closing street prices this evening"
United States currency skies, ll5H 115X; 90 SKIES,
1851, registered, 1864 117; do. do, coupon 1l67s
NIX; do. fve-twentles registered, May and N0vem
Der, 10Y 1lA; do. do. 1852, coupon, do, Ill a
ll11s do. Co., 1884, do. do, Ill NIX; do. do 1885,
do do. Ill 1111; do. do registered, January
and JuiS, 1l3h 1872; do. do, 1855, coupon,
do, 1874 l133S; do. do. 1867, do. do, 1874
1881; do. do, 1858, do. do, 1884 1857; do.
ten-fortes, registered, 1854 100; do do, coupon
1905 q 1898.
THE NEW LOAN.
The additional subscriptions TO the new loan, re.
ported by the Treasury Department to-day, amount
to Sl2i,OoO making the total subscriptions and con-
versions to date So, co., 700.
GOLD DULI-1l1 A nix.
The gold market was intensely duh until some OF
the shorts,n weared of waiting for decline, began
to cover. Their purchases produced little ami
nation late the day and Occasioned rise to III u.
But sacs at this figure we'll at ILL., the other
extreme, were almost nominal The course Of the
market Is shown In the table,