The New York herald., 1871-09-08
AdvIces from London State that the Bank of Emo.
land rate is unchanged. The bullion In bank shows
Q decrease for the week OF G225,Ooo

AdWces lrOm London state that the Bank OF Enc.
land rate is unchanged The bullion III bank shows
decrease for the week OF G225,OOO.
slI GOVERNMENTS STRONG.
The government list was quiet, particularly at the
earlier boards, but the advance In gold stimulated
buying. and the closing dealings were at
slight Improvement In prices. The fol-
lowing were the fna street quotations.
united States currency sixes 1l6 1l6t<; do. 1881
registered, 1l7,s NIX; do. do. coupon, 1l9
ll0h; do, hve-twenttes, registered, May and No.
vcmber. l16N 1851; do do. 1862, coupon do..
1l5H lbH; do. do, 1854, do. do. 1l5 ll5sS; do
do.. 1865. do DO, ll5H ll5h do. do. registered,
January and July. ia 1l4I; do. do, 1866, cou-
pom. do. ll45S Il4>l; do. do, 1867 do. do, 114k
q llA9S; do do. 1868, do d0 l14X o ll4x; do ten.
fortes. registered. l1l1x NIX; do. do. coupon,
111X l12.
1t should be noticed thar while the currency price
Of governments has improved The gold price is lower
IMAM Yesterday. The l862s are offered IN abundant
supply this evening at 1l5X-Or, to put the traction
In decimas, li537A. The pending coupon on the
62s Is now worth 2.10 per cent. Taxing the price Of
gold Mt lS.G2H, the coupon is worth in currency
2.3'1s per cent. Deducung this from 1l5.S7H the
net price OF 62s Is 1897 q per cent less than the
price OF gold. Yet Mr.. Boutwell, Is going to force
the holders Of G2s take par IN cpid for their
bonds on the LIST OF December when they are now
willing TO sell them ut q discount OF q per
nt Did we take gold at its Offering price
and ponds at their bid price the difference
would be over u per cent. Mr. Boutwell, is goiug
TO redeem one hundred millions OF 6as on December
at par In gold, When he might save half to three
quarters OF a million dollars to the Treasury BY
buying In the open market THIS little bagateiIe is
doubtless perqriste for the Syndicate.
STOCKS ACTIVE AND UNSETTLED
The stock market was irregular both IN tone and
In the course oi prices. The earlier feeling seemed
disposed to accept profits and heavy and lower
market resulted from large sales, Lake Shore taking
the lead and falling to 1lza4. Pacific Mall ST. Paul
and OHIO and Mississippi were exceptionally strong,
and not only stemmed the downward tide,
Dut advanced to higher prices. Western
Union also lost ground and went back 10
675s, but eventually recovered about one per
cent. New York Central meantime, had been
strong and gradually improved to iOlX. Late ID
the dag the rumOr that the scrip dividend on Lake
Shore was ready to be announced started sharp
reaction in that stock ana the price rose to 1l4jS.
Per contra, Rock Island decliued to Ill n on the re.
port that the directors were about to Issue new
stock for the purpose Of buying the Chicago aud
Southwestern road which Is virtually an extension
Of Rock Island The better inquiry for money in
the afternoon also assisted In producing the general
Decline but ths brilliant rise In Lake Shore turned
the market In the upward direction once more and
served to create q steadier feeling at the close
.tnts..r HIGHEST AND LOWEST PRICES.
The following table shows the highest AMI lowest
prices of the principal stocks during the day;--