The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-03

Golu oaianccs.. ....................... l545,4O9
currency palances ACKNOWLEDGEMENTS. 23O9,4l8
The Sub-Treasury paid out $4,000 on account Of
interest and 500 on account OF redeemed FIVE
twenties. The European steamer took out $240,45o
in silver bars.
GOVERNMENTS STRONG.
A smart rally and recovery in government bonds
attested the widespread popular faith In these in
vestments, the buyers Of which, as the result
proved. being far more numerous than the sellers,
who had to part with them to raise cash. The de-
cline OF Tuesday enabled the fulhlment OF great
many standing orders and also stimulated host
of new ones, so that, with the frmer tone OF the
gold market and the promise OF an early cessation
OF the stringency in money. the government brok-
ers had an active day of IL. great many banking
corporations took advantage OF the decline to buy
heavily for investment OF trust moneys and inter-
est-bearing deposits.
THE CHIEF RALLY
was In the '67s. which at one time were back to
117%. The currency skies sold at ia, and the gold
skies Of 1881 left or at 19H. The following were
the closing quotations: limited States currency
sixes 1l3h ia; do. do, 1881, registered, 116A
III; do. do. co., coupon, 119k 1191S; do. FIVE
twenties, registered, May and November lex inter-
est, 11lx 112k; do. do 1862, coupon. d., 115x
ICY; do. do, 1854, 40. do, 116x 116h; do. do,
1865, do. do. 117H 1l8; do. do 1867, registered
January and July, 115X a 1854; do. do, 1885,
coupon, do, 1854 1l6; do do. 1867. do. do, 117A
1171s; dc. do, 1858, do. do, 116h III; do ten
forties registered, Ill 1l1k; do. do, coupon,
1llA l1lH; do. nves OF 1881, registered, 1131s
Hay; do do. do. coupon, 1l3k ll&1.
STOCKS UNSETTLED AND LOWER
The story OF the stock market may be readily
inferred from the course Of the money Market
vuith uvhf N, und fho
been its wont since the advent Of the present re-
markable stringency in the latter. That is the
market opened firm, and by midday and down to
one O'Clock underwent general Improvement in
prices, particularly where the buyer was allowed
the privilege OF waiting few days before paying
for the stock he contracted for In these transac-
tons buyers options OF one to three days were
worth all the way rom y to x per cent above the
"cashn quotation. In TACT, the difference between
''cashn and sreguar' tone day. varied from y to
"a per cent in many Of the active stecks which the
holders we're unable to carry otherwise, or which
they preferred turning" In that way to under
going the annoyance of
HUNTING FOR MONEY
in the usual manner But decline set In with the
semblage Of the Second Board, which was partially
checked by the easier turn In money towards three
O'Clock, but resumed it's progress during the last
fifteen minutes OF business, when the market
broke down to the lowest stage OF the day. and in
some instances to the lowest OF the present crisis
Harlem was conspicuous for fall to 1907, repre-
senting the disappointment OF the street at the
terms OF the lease Of the road 10 the New York
Central; and wabash in the last five minutes OF
business went or from u to 69h on the sale OF
only few hundred shares. new feature New
Jersey Southern-a pet idea, 80 reputed, OF Jay
Gould (totvours R Jay GouldD was exceptionally
strong and sailed against the current, rising from
27x to 80. The books OF the Lake Shore Railroad
Company will close on Saturday next, at three
O'Clock, for the annual election, to be held at
Cleveland, May I, and Will not reopen until May 8.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest