The New York herald., 1871-10-28

In payment OF the November interest, making q
total so far on this account OF So, ,275,ooo.
GOVERNMENTS FIRM.
The government list was firm with the steadier
feeling IN the gold premium and further improve
ment in the London quotations, but business
was not active. Prices were a fraction
higher all around and closed steady as
1ollows:-Cnited States currency skies, llo7I
q Ill; do do. 1884, registered, 1l5h a 1851; do.
do, coupon, l1e 11614; do. nve-twenties, regis.
tered, May and November 1lo1s 10Y; do. do,
1862, coupon, do., 14% 11424; do. do, 1884 40.
ll4is HAS; do, do. do 1865 do. do 1l4t. ll4A;
do. do, registered, January and July, 1l3 ll31z;
DO do, 1865, coupon, DO, l131S 1l43; do. do
1867 do. do, 1884 1la7s; do. do, 1868, do. de-,
1134 1133s; do. ten-forues registered los los
DO. do, coupon 1921 1922.
STOCKS DULL, IRREGULAR AND LOWER.
The stock market was weak, and at the first
board, when the real sentiment or business Is most
legiimately expressed prices steadily Yielded until
decline OF y 24 per cent was marked IN the
general LIST. The latter extreme was reached In the
case OF Pacific Mail which opened at as, but rapidly
broke to 45a on sales Induced by heavy offerings OF
stock sellers options or fifteen thirty days-a
period covering the interval TO the closing or the
books for the annual election. The company give
notice thar the books will close November g. but
omit to state the day OF election, which
in the street is SET down for the 18th OF November
Whatever the real situation OF the canvass for the
election the stock has been quite teverish and SUBJ
iect to wide and sudden fluctuations. Furthermore
the street is at loss to understand the ready will
ingness 10 sell stock which may be delivered after
the closing OF the books unless on the hypothesis
that the parties interested 10 the complexion OF the
next direction desire the stock for its temporary
availability IN the election but lack confidence as to
IN nj nj no rEa parh in a Scuy
days the canse OF this anomalous movement may
be more susceptible OF explanation outside Of
that which Is generally Afforded with reference
10 any stock on the eve OF the closing Of its books
viz, that the shorc interest has provided against
corner" by buying in borrowed stock and put
ting out "short'' stock on time options. During
the afternoon somewhat OF q rally was occa stoned
py a sharp improvement In Wabash, which was In
better favor as result OF the showing of earnings
for the third week In October, the amount being
over s4S,ooo Glty per cent in Of the earn
lngs for the corresponding week OF Is70-a
retarn 10 the large trafic which attracted q
/ much attention in the earlier part Of tnt
1 year. Pacific Mail sympathlzed more particu
4 larry win this reaction, and the general lis
| indiferently. The relaxation In money to four pei
! cent, In accordance with the programme to let th,
"bull' clique get rid OF their load OF Stocks cheated
itself OF It's intended purpose by being overdone
Inc street regarded tue case IN money as artificial
and stocks eventually went Off again almost TO tn,
lowest stage OF the day, reaching 1t fully In the cast
OF Rock Island, Northwestern, Erie and Union pa
ciac, but exhibiting exceptional and continued
frmocss FOR wabash ana Pacific Mail, thereby ren
dering the market irregular IN It's closing business
Hannibal and -. Joseph was strong on purchases
by the new party, who intend TO contest the re.elec.
tion OF the old Board OF Directors.
HIGHEST ASD LOWEST pprrrc
The following taole shows the highest and lowest