The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-12-16

-, tern, Is . 5sA; do. preferred 81 . s7k; Pa.
49, - 49, l24; Western Union Telegraph,
Tss ro,sx u.,.s, -. .asy turing the weok to Dor
cali q. seven per cont Sue =.
GUS transactions at six, especially tow. 80, a N,
tendency being In favor Of increased abun-- 49,,
supply OF loanabis funda In the discount line
was diminished activity and The banks took their custo
uer paper 10 moderate extent tho legal rate while
on tho street the best grade quoted at per cent
there being less dsrust OF credits ihaa there was last
month, owing 10 tho abssnco OF fresh mercantile fall
Although the movement OF tho pork crop has
made the Western money markets active the drain
and from this centre and the West about equal Many
Of tho packers according 70 Chicago paper, say that
the packing season nearly over already At present,
however there 10 brisk demand for currency 81 tho
West and between large remiitancss 10 the interior
from Chicago and Cincinnati to pay for hogs ana pro-
duce and TO New York and other Eastern cities or
change account there does appear 70 much pros
poet Of immediate increase In the supply The semi
annual interest the juno series OF sevsnthrty notes
falls due to-day also the principal and interest OF the
December compound interest noes. The principal or
the latter held by the banks wi II 10 understood be
paid three per legal tender certificates and the
interest IN currency, and thus the supply Of money
In Wall street win b augmented 10 the amount
OF nearly eight millions. The statement or the assoc
ated banks OF this city for the week ending yesterday
indicates that the Internal exchanges are sghtly In
favor OF this CENTRE aud sufficiently for In
creased supply OF capital offering the stock Exchange
The legal tsnder notes have Increased 81 s55 tho
deposits $211T sos and the circulation e2e TOO while
the loans nave been reduced 81 $50 and the specie
ssl8 lO0 The liabilities u the banks In deposits and
circulssion are now $2li Ics lsl upon which the
CURED reserve Of twenty-five per cent would BE-
$52 90 no. whereas the reserve In specie and legal tender
notes actually held s &c., s4i1sS siIi5o 500 in sx
cess Of the legal limit n. however, omit the specie
from the calculation And the legal tenders
only g. lsa,tls
Tho foreign exchange market w0 arm throughout.
although quiet and yesterday shs leading drawers ad
vanced their for sterling for the next seaner 70
1l0x a sixty days. and 110 u three days. but s,her
bills we're quoted nomnsiy q the previous ratss. The
supply or cotton and produce bills 70 light aod in NEW
OF the state or trade the amount Of commercial In
dsbtedasss Europe, the prospective remittance OF
portion OF the January Interest the public debt To
Europe, and the payment after the appropriation 10
made, OF about sT,0eO, 900, in gold 70 Russis for
Alaska bankers arc willing 70 draw except e rates
which will permit Of shs shtpmsns u specie against
them The latest sales Friday u Ito for prime
bankers' sterling ~ sixty days. and llOx u three
days. Commercial bills were closely scrutinssd and
rated It Iosx l09K. the market for continental
bills was very nrm and rates advanced Bills Paris
closed q ST. l2kc 81 1oc. for short sehs and g. iso
. st. l2kc. for long sight. =
comparison Of the items OF shs last two statements
place In the various forms Of Indebtedness the month