The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-12-25
.ase $4i2, TT ITS, 5T2
ease = 39l ,6ai

Increase $4l2lZI lFIs,oIZ zioo-ifoz
This increase OF specie ia more than was ex-
pected considering the difficulty which has arisen
in relation to the deposit Of the British gold which
has been received here. The increase of loans is
small; that of deposits is large. The statement,
as whole, is strong, and indicates a position
which renders it certain that. unless actual civil
war should break out our banks are in no danger.
Money is unchanged The market would pro.
badly have been easier but for the disquet pro-
duced by the disclosures of the great robbery at
Washington. Russell & Co.'s drafts on the Secre-
tary of War. accepted by Mr.. Floyd, have long
been familiar to buyers of paper; they used to sell
with difficulty at enc per cent month when mo-
ney was worth seven per cent per annum. We
quote, as before, call loans al per cent; first
class paper, per cent a month:
The foreign exchange market is steady. Bankers
are buying mercantile exchange at 1903 a n, and
selling their own bills at lo41x los. Francs
range from 5.s71I 40.
There was very little done on the Stock Exchange
to-day, partly in consequence Of the approach Of
the holidays and partly from the shock given to
confidence by the robbery at Washington. The
bears had many stories about members Of the Ca
binet being implicated in the affair; Mr.. Floyds
Thompson's and Mr.. Cobb's names were mentioned
in the same connection in severe terms. This talk
lad the effect of causing decline in State and the
speculative railway stocks. After dull day the
market closed weak, the following being the quo
tations:-Un ted States SIS 1871, % 81; Virginia
c's, IS 70; Tennessees, rs II; Missouri 6's, 6794
a GS; Canton, Ii; Cumberland Coal preferred, s
al Pacific Mail, 81 a 81; New York Central, 74l.
I. Ecu HID Diva - Ilar
lem, IA a: do preferred, "a 81; Reading, 81
4; Michigan Central, 1917 ~ Michigan South
ern and Northern Indiana, l35s Ia; do guaran-
teed, 3l1. 80; Panama III III; Illinois Gen.
trail, G511s a sc; Gaena and Chicago, CA Il x;
Cleveland and Toledo, 1895 "a; Chicago and Rock
Island, 80 a Il; Chicago, Burlington and Quincy,
62 u.
The topic Of the day il the great robbery Of the
Indian Trust Fund bonds In the Interior Depart
ment at Washington. Very little is known in Wall
street beyond what was stated in the HERALD
this morning; but the street is full of rumors.
The idea seems to prevail that the clerk Bailey Is
not the real principal in the affair." and that his
name is being used to screen more conspicuous
personages. Wepresume that the mattax will be
thoroughly sifted at Washington, and that the
true offenders will be detected and punished. To-
day William II. Russell, of the firm of Russell q
Co., army contractors. of ST. Louis, was arrested
on charges growing out Of the robbery, and sent
to Washington. II is evident that several per-
sons must have been concerned in the
robbery. There is q good deal Of specu-
lation in the street TO the amount
stolen; jxdgng from the free supply Of all
kinds of State and United States stocks
Of late, IL seems quite possible that the
amount distracted may prove as large as was
stated by our correspondent-thr millions Of
dollars. In looking back through the reports Of
sales on the Stock Exchange, it appears that the
heaviest sales of State stocks took place during
the ten days previous to the election. At that
period there was very large short interest
which was predicated on the probability of poll
teal trouble resulting from the election Of Lin
coin This interest became exceedingly profta-
BILE through collapse in the market. which was
mainly superinduced by heavy offerings of
State stocks for cash. These offerings Gre
ated the greatest surprise at the time. No
one could tell where SO much cash stock
was coming from. 1t was conjecturcd BY some
that the bears had discovered some nest Of stock,
But the immense quantity Of stock sold from day
to day was difficult to reconcile with this theory,
and people at last came to the conclusion chat the
public must be selling. This inference had much
to do with the stock panic. As all facts bearing
upon the matter must be Of service to the govern
men, subjoin the principal sales Of State stocks
for cash at the Brokers' Board during the ten
la,-. TO- a. ..r