The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-04-06
A SLIGHT ADVANCE IN GOLD
Government Bonds Steady and
Firm.
THE SOUTHERN LIST QUIET AND IGNORED.
Heavy Imports of Foreign DRY
Goods.
WALL STREET,

WALL STREET, |
FRIDAY, April SIS p NJ.
On 'Change to-day wheat was lrm but inclined
70 duness. The cotton market was steady.
THE DRY GOODS IMPORTS.
The imports or dry goods at this port during the
past week were S. 10000. The amount marketed
was $4.s33, 0s0
MONEY STRINGENT.
The money market was stringent throughout the
day, and rs high as $40 per cent was paid. In addi-
ton 10 per cent, equivalent TO about rs per cent
per annum. The standing bid most OF the
time was per cent, or 45 per cent per
annum. Some OF the leading government dealers
got little accommodation at plain per cent, but
loans to the best parties on stocks were made at y
O 3-16 per cent, and coin interest was freely
ceptcd by the anti-Shylock class OF leaders Bank
accounts were unusually late. and many were not
made up until near four O'Clock. A little after
three O'Clock there brief cessation in the de-
mand, and some lenders who came out to employ
balances took per cent coin; but their offerings
were RAPIDLY absorbed and i per cent was bid 10
she last moment the market hung together
AS already Intlmated IN tins column the natural
activity In money has been aggravated OF ARTIFICIAL
means To-day the Tenth National Bank
creditor at the Clearing House for the unusual diff
ference of 81 7T0,O0o which amount must have been
counts in that bank. The other banks vcnemently
denounce the Tenth National for its connection,
willingly unwngly, with this "lock-up," and
were reported TO have decided TO exclude IL from
the Clearing House; but the rumOr doubtless arose
from threat on the part OF some OF the officials Of
the Bank OF Commerce that they would refuse
70 take the checks or the Tenth National II II re-
peated these Objectionable transactions. Whatever
the agency OF the bank the par ties owning the
locked-up money are professional spectators, ann
Ing by this to produce decline in prices, Ii
not panic, at the Stock Exchange In this latter
respect the scneme was decided failure, viii
be seen by the paragraph about Stocks further on
Prime commercial paper IL quoted a per cent
discount, but Is neglected.
Foreign exchange was steady and shade flrmer
at the rates given yesterday.
GOLD sTRoNG-I10R A 1109<.
The gold market was strong. but only moderately
active at 11015 ll0a, with few sales NJ HOY.
The closing quotation was ITO 3-l6 q 1l0A, with
. number of bids at 100, buyer three. The Sub
Treasury paid out s29d.0o in redemption or the
called bonds OF 1862. In the gold loan market the
rates ranged from per cent to l-32 Tor carrying.
The operations OF the Gold Exchange Bank were as
fOllows:--
GOu cleared. sly, IlO,COO
Sou uainces. i,2lo'o.4
GOVERNMENTS STEADY.
The government list steady and quiet, which
simple comment Is about much can be made
upon the market. me foreign quotations were
little lower, except in the one instance OF the CTS,
which were unchanged IRON yesterday. The follow
ing were the closing prices:-United states currency
skies, 15A l15ss; do. skies, 1851, registered, lax
Ais; do. do coupon, 1863 l15x; do hvetwenties,
registered May and November, 100 l099S; do.
do 1867, coupon. do, 1121s ll2A; do. d. 1864,
do do. 1925 112A; do. DO, 1865, 10. do, 1l274
ll3; do. do, 1897, registered, January and July,
l12% l13; do. d. 1896. coupon. do, lily 1lls /;
do do, 1867, DO, do, 1l2N lib; do do, 1865,
do, do. 1l2H l1Sx; do. hves Of 1881, funded,
registered, 1o9H i1o14; do. do. DO. coupon. 1904
llo5s; do. ten-fortles registered, 1914 los; do.
dO coupon, 1854 1851.
SOUTHERN SECURITIES QUIET.
The Southern list was seldom so neglected, the IN
difference OF both the investment and speculative
interest not being susceptible OF ready explanation
unless on the theory that these securities now
feeling the III effects Of the scandaous admlnisra
ti0n OF the finances OF so many OF the Southern
States. The following the prices at the close:
Tennessee, ex coupon, % 81; do. new, 90 a
C7 Virginia. ex coupon. 90 DC; do. registered
stock, old, "A 49, DO. skies, consolidated bonds
b5 a 58 DO. skies, deferred scrip, l6 II;
Georgia SKIES, 70 rs; do. sevens, IS a 81; North
q
do, special tax, IA 10; Missouri slxes 951 a 90;
do, Hannibal and ST. Joseph, 93 "a; Louisiana
Hxes, so O.; do. evee SKIES 60 63; do. do. eghts
10 so; Alabama 1ves, 5S 81; do. eights So a 90;
South Carolina skies, 81 a SO; do, new January
and July, 371a 3s; do. do. April and October, SO
n 500; Arkansas skies, funded, 81 IS.
THE ILLINOIS CENTRAL RAILROAD.
The Official report OF the Illinois Central Railroad
for the year 1871 contains the following summary or
Opcrations:-
The earnings OF the line In Illinois were. ST, o5244o
1he working expenses. .s8sl7,009
And the stale tax................ 463,5l2
- 4.2s0,5?2
Leaving net earnings. .................S2 I'll gis
The earnings OF The leased lines In Iowa
were. 81, 34s, 7oI
Which, deducting The working ex-
pelses...-. ..-..... S8z4,Vl0
hent. ..-......-............. 80. 5l332o
Anu tiAes. ...............s...s... 1902
- 1,3s7,772
shows o deficit OF. ...................... $3e,o7o
IN working the Iowa lines, and reduces =
The net earnings OF the lines operated by
Against net earnings IN 1870. 2Sj7,32l
!, a falling on IN 1871 of................ 124,s74
MaAing the proportion OF expenses and
anAes TO gross earnings ............ Oh per cent.
me Land Department sold In 1871 Sg27.3I acres
SaM wa hus donated TO aid the construction OF the
20 tns ioI ssoe4oi 20 making the aggregate sales
e. s sne - close OF 1871 22I57s977 acres for
s;e.2Io23 acres ana leaving unsold at that date
whch SlOoO 900 has been added m Inc constrnction
ou ,uhu. Inc loss 10y fire OF the trustees records
Iurther literal compliance WIN the Harms -, mo
construction mortgage. 10 protect me nmrcnase ere
~ ANUS " mas mas been deemed advisable ~ mace
ut the control OF the trustees suoctcn s ~ paeu
All the ponds. Iney mad received az sanw w. P"y
" statement OF December 81, 1871 slS'Sos bao Of
Lfe Inc construction bond fund nmnnnt5n.. W