The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-04-25
FINANCIAL and COMMERCIAL.
G O L d II 2 1-S.
Upward the Course Of the Pre-
MUM Takes Its Way.
INCREASING PROSPECT Of DEAR GOLD.
History of a Dull Day on the
Stock Exchange.
Erie, Pacific Mail and Harlem the
Only Features.
Erie 81 SO, Pacific Mail 20 10,
Harlem 1873 IL.
AN EASY MONEY MARKET.
Governments Scarce, Strong and Higher.
Southern Securities Firm Railway
Mortgages Steady.
A Further Advance in Foreign
Exchange.
Report Of Special Committee on the Allan
tic and Great Western, with Interesting
Statistics for Erie Stockholders.
A Further Advance in Foreign
Exchange.
Report Of Special Committee on the Allan
ito and Great Western, with Interesting
Statistics for Erie Stockholders.
The Fable of the Spider
and the Fly.
TREASURY FACTS AND FIGURES.
O u r E x P o r T s.


WEDNESDAY, April 24-3 p. M
On Change to-day wheat closed heavy for spring,
with winter firm, upon steady shipping demand.
Flour was dun and unsettled, choice spring aud
winter wheat extras commanding higher prices.
Low spring was easier.
GOLD 1925.
The upward turn Of the gold premium was still
further marked to-day by advance to 1925,
which was maintained up to the close, notwth-
standing the disbursement from the Sub-Treasury
Of $4,000 gold on account OF fve-twenties re-
deemed, $4,000 on account of January and
March interest and sos5,O00 on account OF
May interest. When the market left Off the
premium was firm at 112b with lie bid. The
causes operating to induce this upward tendency
are those already mentioned here yesterday which
have not grown less in influence AZ antici-
pated the gold clearings to-day show the increased
business OF the room yesterday, amounting to
$40, 10000 The gold balances were 81, 637 05 and
the currency balances l,s85,7s4 To-day the excite
ment was greater, and larger volume OF business
was transacted. The oaning rates ranged from 1854
for borrowing to per cent for carrying, the high
carrying rates being paid after clearing house hour
In the early part OF the day the rate was 1-54 for
borrowing to per cent for carrying and the clos
Ing figure per cent In the latter relation The
customs receipts to-day were s46l,ooo.
FOREIGN EXCHANGE WAS FIRMER
upon the continuance OF the same causes already
noted, and leading bankers again marked up their
rates to 1895 for sixtydays sterling and l1o1s for
short sight.
GOVERNMENTS STRONG.
The government list at the last call to-day reached
the highest point for months with offerings Of
the principal issues. The scarcity OF bonds is every
day becoming more apparent, and the complete
exhaustion OF the supply available for ship
ment In former years being regarded as possible
helps the upward gold turn. 1t is argued that at
present prices bonds likely in any emergency to
come upon the market would be brought forward;
still European orders are filed with extreme dinl-
Guilty. The offerings at the sub-Treasury to-day
reached only $4,000 upon the offer to purchase
$lOOoOOO at prices ranging from lll61 to 1l1e5 OF
which the Secretary accepted $263 $50, at l.75 and
under At the close the market was firm, being sus
tanned by the strength OF the gold premium and the
character OF the market abroad and left OF strong,
as follows limited States currency skies, 1164 a
ll61s do do. skies, 1881, registered, 1l6S 1l04
do do. do, coupon, 1172S 117's; do fvetwenties,
registered, May and November, 1l1& a 1117s; do.
do 1862, coupon, do, 1147S 156 do d. 1864, do.
do. l147s 1l516; do. do, 1865, 1855 115a1; do
do. 1867, registered, January and July 114A 114si;
do. do 1865, coupon do, ia 1144; do do, 1867,
do. do, 114}i 1l41s; do do, 1858, do. do, 115
ll54; do. lves of 1881, funded, registered 10
fortes registered, lo02S ITO; do. do coupon, 10
ll0x.
STOCKS DULL AND FIRM, WITH A FEW sPEcIALTIEs.
The principal interest In the stock market to-day
centred in Erie and Pacific Mail, the latter of which
advanced to 7oM upon another favorable palpita-
ton OF the legislative heart las reported) In the
matter OF permitting q reduction of the CAPT
tai stock Erie rose to 67h, in response
TO fresh speculation In London, where
II was quoted at 81 through the ordinary
channels, with 54A alleged in private advices
Harlem, after selling at l2e early In the day, adj
vanced to 1881, with sales, closing firm at 1917
12S. Mariposa had slight galvanic movement, and
advanced from 2ac. to 41Sc. The rest OF the mar.
ket was extremely dull, and although on the whole
strong until towards the close, when prices re-
ceded only recorded an advance in the best period
OF the day OF y to u per cent.
THE EXTREMES OF THE DAY
The following were the highest and lowest pricea