The New York herald., 1871-01-14
GOVERNMENTS ACTIVE AND STRONG.

The government list experienced the very natural
effect Of the easier feeling in money, and large pur-
chases were made for capitalists and out OF town
banks, with whom the certainty of six per cent in
terest for their money the rest of the winter pre-
consideration in view OF probable lower rates
on call in the immediate future. rise OF 4 x
per cent was fairly established in the leading issues
and the market at the close was strong, with
the following quotatons:-United States cur
rency skies, 1101 1104; DO. SKIES, 1881, regis
tered, 110T Ill; do. do, coupon HOY Ill; do.
1ve-twenties, registered, May and November, 1887
10Ssz do. do, 1862 coupon, do. 1osh a 10sa.;
do. do, 1884, do do, 1881 1OsS; do do, 1856, do.
do, 1oSH 10Sx; do. do. registered. January and
July, 107% 10S4; do. do, 1855, coupon do. 107A
a1071.; do. do 1867, do. do, 10sS 1Osl; do. do.
1868, do. do. 1885 1Osh do. ten-forties, regis.
tered, lO75S 1o7s; do. do. coupon, 1919 107k.
THE STOCK MARKET HEAVY AND LOWER.
The stock market opened swimmingly strong, but
as 1t became evident that the speculative holders
were realizing for "turn" and reports were set
IN circulation tnat some Of the "bullu cidues had
quarreiled. pressure to sell ensued, and prices
gradually declined down TO the close OF the day. In
one iDstance-Rock Island-the fall was one per
cent, but this was the greatest change in the
list. Lake Shore, which had been worth as
much as 1l6 for its use in deliveries TO-
day, and commanded at times difference of
receded about three-quarters per cent. 1t was
rumored that the leading operator in Lake Shore,
having achieved his purpose running up the price
SO as to catch the dividend, selling ont again.
On the other hand it asserted that the '.bull;
cques, having succeeded in closing the "short' In
terest, were spreading their nets for fresh haul,
ana hence gave the market aspect very likely 10
tempt speculative sales At the close western Union
Telegraph, which had been originally borne down
by the general current cut loose from the rest of
the list and rose independently to the highest point
II has attained In Its upward course since the begin
ming OF its movement. In the miscellaneous shares
Alton and Terre Haute advanced to 30 because Is
supposed 1t will be wanted by The Vanderbilt party,
who, In entering the direction of the Cleveland
Columbus and Indianapolis road, Will seek 1t US an
extension OF through connection from Cleveland to
ST. Louis. The following were the closing prices at
the last session OF the Stock Exchange:-Canton
Company, 8s a 20; Western Union, 45sf 45z5:
Quicksilver, Al So; Mariposa bid; do. preferred,
9a9h: Boston Water Power, 1873 20; Adams Ex-
press, 66i4 661z; Wels-Fargo Express 33A bd do.
Scrip "a "a; American Express, 42]s 4s;4; United
States Express, 35 SO; Pacific Mail, Az 42;
New York Central consolidated, 929S a 92l6; do.
scrip, ss5a ssal; Erie, 2lM %; do. pre-
ferred 46 a Az; Harlem, 132 1925; Read
ing, 9s7S a so; Michigan Central, 1171s bid;
Lake Shore, 941s 94I; Panama. "A; Union
Pacific, IA 141S; Illinois Central, 1873 bd Cleve-
land and Pittsburg 104ss 1O5; Chicago and North.
western, 72as a T27s; do. preferred, s31s a S3h;
Cleveland, Columbus, Cincinnati and Indianapolis
81 a S7iS; New Jersey Central, 1884 bid; Rock
Island, 1863 a 1861; Milwaukee and St. Pa ul
513s so; do preferred 1879 73S; Toledo
Wabash and Western, 5osi a 5O5s; Fort Wayne, 92&
SO; Alton and Terre Haute, 2oal bid; do. preferred
56h 5S; Chicago and Alton, LA O las: do
,,raf L. and
st. Louis and Iron Mountain, AK As; Delaware
Lackawanna and Western, 1oS14 1887; Morris
and Essex, ss's sStS; Boston, Hartford and Erie,
~ 2; Hannibal and 81. Joseph, S5l4 81; do.
preferred, 1ooA 1oo7s; Columbus, Chicago and
Indiana Central, 1S1S 1874.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest