The New York herald., 1871-03-14

P. P.M............. 1llX $50 p. M....llll1 lllX
In the gold loan market the rates ranged from 4
per cent for carrying to nat for borrowing. The
operations OF the Gold Exchange Bank were as
follows:-
COLO cleared 81, ,512, 600
Gold balances. 84S,9l2
Currency balances. ces....................... 04s,373
THE NEW LOAN
Up to last Saturday the subscriptions to the new
loan reached 81, 80O, ,000 To-day number of addi.
tanal Subscriptions were announced in Washington,
making the total nearly SIC, ,0o0 Mail advices
from Europe are now awaited to learn the manner
IN which the loan was received on the other side OF
the Atlantic
GOVERNMENTS STRONG.
The government list was strong, under q disposi-
on to discount the effects Of the large purchase to
be made by the Secretary OF the Treasury next
Wednesday, when the least amount taken win be
g. 000 such being the figure already advertised.
The final street prices were-United States currency
skies, ia ll4H; 90. sixes 1881, registered, 1l5K
a115Z; do. do, coupon ll5H l15A; do. ive-twen-
ties, registered, May and November 1l2 l12< do.
do 1852 coupon, DO, 112H l12h; DO. do. 1884,
do. do, liz ll2h; do. do, 1885, do do 112 112h;
do. do. registered, January and July, 1101 Ill;
do. do 1885, coupon do., 110X 1l1t; do. do, 1857
do. do, Ill lily; do. do, 1885, do. do, l11I
1113s; do. ten-forties, registered. 1855 losX do
do, coupon, 1887 al09.
THE SOUTHERN LIST IRREGULAR
The Southern State bonds were irregular ana in
the main Gull. The new Vlrgnias continued in good
request, and better demand noted for the reg
istered stock. The North and South Carolnas were
weak and lower. The fnal street prices were as
follows:-Tennessee ex coupon, "a 64%; do,
new, "a 64h; Virginia, ex coupon e7h 90; do,
new 0SK 60; do, registered stock, old, SEX 53h;
Georgia slxes. 81 SO; do. sevens 91 o2; do.
do, old, 92 e4; North Carolina ex coupon, ~
49,; do. funding. 1885, ss 80: do. do, 1855, 20 a
a. do. new 20 27; do. special tax, 20 a q; Mis-.
souri, skies, ok q 90; do. Hannibal and St. Joseph
90 sl; Louisiana sixes 80 70; do, new, es e5; do
evee sixes IS Is; do. do., eghts, s6 49, do Peni-
tentary sevens IS 10; do. railroad eights 70 81;
Alabama fves, SO 72; do. eights, 100 o 101; do.
railroad eights, o. 90; South Carolina sxes Is 80;
do. new. January and July. 6ok 66x; do. do April
and October. 90 II; do. registered STOCK OLD, 70
Is: Arkansas sxes 81 q 90; do. sevens, IS 90.
THE STOCK MARKET UNSETTLED AND FEvERIsH.
The course Of prices at the Stock Exchange fol.
lowed the line OF curve, sharply rising at the begin
ming OF business; then descending during the
boards rising again suddenly in the afternoon, and
bending sharply downward again at the close of
business on the sidewalk. OHIO and Mississippi was
perhaps the most active feature Of the day. and also
the most unsettled. Opening at 4sA, 1t jumped
to 4sK, settled gradually aown to AK. jumped
TO 49H. and LETT of finally In the vicinity OF 4sh.
western Union was feverisn and nuctuated between
b6A and SAX. A fresh "bull" movement In Union
Pacific appears to be on the cards now that the
company have the signature OF Secretary Boutwell,
over virtual promise, conveyed In the shape OF
message TO the financial agents in this CITY, that he
win not demand payment OF the interest as was In
tlmated he would in face Of the SPIRIT though per.
haps not the letter, OF the recent law
passed by Congress. The government also
has commenced paying fifty per cent
in cash Of transportation. Harlem and Erie pre.
sented an interesting contrast, the former going I'D
to 1877 and the latter declining to 20 The reports Of
railway earnings Tor the first week in March show
an increase OF $s23 In Milwaukee and St. Paul,
and an increase Of 6,43l in Marietta ana Cincin.
natl. Union Pacific for the month OF February
shows decrease OF s19437o, and Central Pacific an
increase of $se909 The sudden decline in prices at
the close was attributed to q further reduction in
freights to Chicago. owing to the rivalry of the
trunk lines, rates being lowered 80 1-3 per cent from
those Just prevailing.
HIGHEST AND LOWEST PRICES
The following table shows the highest and lowest