The New York herald., 1872-09-21

ADVANCE IN GOVERNMENTS.
The restoration OF confident feeling In the strec<
was instanced In q remarkable advance m govern
ment bonds, which underwent an improvement Sor
the fEe-twentes ranging from H to per cent,
although the whole of 1t was not retained to the
close The 6t's sold at ll4<, but were offered o
quarter per cent lower at the close. Tho following
were the final quotations :-U0ited States currency
ssxes. 11lX 112H; do. do, 1881, registered, ia
ll4x; do. do, coupon, Ia5h il5S; do., hve-
twenties, registered, May and November, al4h
114& do do, 1862, coupon, do, llAX ll4>t do
do 1864, do. do, 114X 1l4aI; do do, 1886, do
do 1l4ss 1l4X; do. do, 1867, registered, January
and July, l18x a 11sX; DO do, 1855, coupon, do,
113A 113X; de do. 1867, do. do, ia 114H do
do, 1865 do. DO, ia 1AH De- ten-fOrties, rers-
tered, 1917 10sX; do do, coupon, 1oS o 1885; do
aves, Of 1881, registered. 11oX NIX; %. dodo.
coupon, IOX 1l1H.
SOUTHERN SECURITIES FIRMIR.
The Southern State bonds were firm ana gene
rally higher at the close, but quotations continued
to be mostly nominal, the amount OF business hav-
ing been too little to test the tone OF the market
The following were the closing prices Tennessee,
ex coupon, nv 72k; do, new, 71k TN; Vir-
ginia ex coupon, 45 a At; do registered STOCK old,
SO 40; do skies, consolidated bonds, 80 81; do.
sxes deferred scrip Is o II; Georgia skies, 10 O
IS; do. sevens, s5 So; North Carolina, coupon,
81 "a; do, to North Carolina Railroad, as q 4s;
do, funding, 1864. "a rs; do. do lsea q % do,
new, 2oh %; do, special tax, 10 . IA; Missouri
skies, DIX 90; do, Hannibal and st. Joseph, so O
90; Louisiana sixes "a 56 do, new, 40 IS; do,
levee skies, so 90; do. do, eights 10 IS; do do,
eghts, 1875. 70 q So; Alabama fves IS 90; do.
eights, "a q SO; South Carolina sxes As; do new,
January and July, 2sX o "A; do do, April and Oc-
tober, "a a 25; Arkansas sixes funded, 4s o so.
STOCKS STRONG.
The stock market was strong, but, quite natur-
ally, irregular in its Improvement The popular
impression that the clique had been slgnally
worsted In their latest designs upon the money
market and had unwittingy driven all the
banks Of the Clearing House into fresh
defensive policy against them impaired ut once
bullish feeling to the speculative movement
and started stocks on the upward turn almost as
soon as the Board opened. Indeed 1t Is
believed that the clique were frightened
into covering their contracts, and some heavy
purchases Of Pacific Mail were traced to their &C.
count, the stock being at the same time freely fur
nished the Pacific Mail pool, who appeared to
have "missed their tip" as regards their renewal
OF operations in this stock, which they have bought
"high" and sold "low." The smaller "bears" all
over the street took the alarm also, and joined In
the general scurry to rectiy their speculation. As
q consequences TIE MARKET 8uVanceu an average
of 1 2per cent, Harlem rising per cent to 1I3,
Western Union nearly as much and Northwestern
and Pacific Mail nearly per cent.
Panama recovered to 1884. The Erie "corner"
was greatly relaxed but was still closely main.
tained There was at one time difference OF y
per cent between cash and regular transactions,
but for the stock itself the highest borrowing rate
was q per cent, the lowest 'nat' and the closing
per cent The price opened at sly and advanced
to 52h cash, but declined to 49s on report that
the steamer Rheim, coming up the bay, had con-
signment OF Erie on board. Either the report was
untrue or the steamers express packages were not
delivered IN time for to-day's deliveries, for the
stock reacted to 5lH and closed in that vicinity
1t was also rumored that Daniel Drew had been
selling quietly, but that the German bankers were
still capable Of maintaining the corner as eectually
as before he lent them his volunteer assistance
The best prices OF the day were made toward three
O'Clock, or when the money market was 80 remark
ably easy, subsequent to which hour there was
reaction of more or less, but OF no important ex-
tent.
HIGHEST AND LOWEST PRICES OF STOCKS.
The following table shows the highest and lowest