The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-12-19
FINANCIAL AND COMMERCIAL.


emoag the brokers and ether professional speculation
- sxsrsns range 10 day from lsok 10 1884,, with
eslssing transactions prior 70 ths Adjournment a she
,n6fa ana Afterwards 1854. Ths .shorts Interest
tput sanding heavy that The borrowing demand for
~son very active. Notwithstanding The large noa
- Rppiy loans nsds - . per csns Per annum
nd 1ol pr cent per diem In favor Of the lender =
~sIi "na" and q four per psr annum for car
fying Ths steamer HeciA aAlaiag to-day took out
&222 S33 h specie and the Minnesota Sos, 500
= addition % aooat quarter Of million shipped
~ thee Boston steamer. The curious finance bill
Imported from the comnittss Finance In The Senate
eserdsy wi,soa. material eject upon the premium,
raf thsrs ID no probability Or IL passage II snsodiss
ne psaa " nsw loan advocated by Mr. McCpoch in
~ aas spev the bonds 10 bear SAX pr inierss 10
Iold o. their face, sui DO exsmp from al national
n1 lscal taxaion but 10 confederation or sxmp-
Hon the Treasurer ~ the Upisd States % rsservs one
bxth q the interest sccrung Them which sum sto
Vsrn special fund. ons-hsu Of ~heh y 70 b. dis
bussd anesg the states IN proportion to Their pcpula-
hioa. and the remaining half to be devoted 10 the
psynsnt d tbs nsiiouRl debt Ths bouds yin
phsrsfors really bear only hvs per esss iutsress 70
ne holdssA and thoy arc % b. Issued only In
xchsngo for other sscariea The iaducsmeus 70 con.
sr nve-twsniiss into them 10 b found pledge
nas u principal q vel - the slersst. h pay abe
Soln. The stock IA " BE- known the consolidstsd
osbs Of the Uui,sd Statss. inc bill further authorizes
me Secretary Of the Treasury to issus boads payable,
eincipal and interest," CON- In frankfort o. London
- The amount or i've hundred nlilioss, and bearing
eur auA half per cent pcr annum. This bill y b.
sIes1s4 = . several groundA IN ne nrst place. The
shsus q dsdncsins per osst fron The Interest %
1ntrbuts bali the among the staass u iuequi-
- ~ impol'tic Ths bonds SHOULD carry on
Qhss iacs No high rats THAI y actually paid
- - hesdera a,d thsrs y - pufaoisas reason
NAg " general governmsnt should pay anything 90
ehe esatss In tho PROPOSE II Tie ssosd psss
- contrary TO She insrsst es Tn governments 70
haaA branch Of the rrsascry. q fiscal sgsscy II
any part Of Errops for she ssue ana rsdsmption or
sssTitiss and tho pas ment q the ntsrsst thereon
psruga coin. h FAR bsttsf % allow the avsswsnss
- psuain - they than 70 resort any such eXpsy
neat which could no. fai 70 prove costly Job the
s0ury Yet the oljscs Of this bill 10 70 sscare
ne inuA q new foreign loan, the ess Of negotiating
6hich y nos ~ exceed one PER cent OF I'VE
Millions o. the authorized amount or ave
AssdFs4 naliIona idsasiy there would - nice I
skngs for those concerned, and The Treasury would
Avs 70 maiatan Costly bursan Abroad and iaeur Ill
8he risks attendant upon such a undertaking In
Dbssdga country. lners are other good rsssous Why
h bin should b promptly soostgnsd 70 oblivion, but
Aa1s ~ have mentioned ars enough y osndsmnil ana
lpeaoTsm shouId promptly decide asaiaA NR Necuf
as pss seAs&a which = uawssthg : ssrisus co.
ykal&Aea y
! eDsculasoa on the Stock Ezehaaes b bssoniss
lpeaavA and ths largo earnings q The railways
asi1g tAs year, tho hoy y CssUss n sus
n6lng saalsss,ion, aud the growing nsnssary go
- soh esntrs, ara lInpartisy a upward inpsiss -
neea uhish even tna bears sswillns - rssst
slng = tasy DO thar the tide y agaIsss them Ess =
v1n ow isadng sbe'moysmsst ~ ~ tsunsassions n
- 49, tsAsy have Ossn vsy heavy the prospect q
4saasslIdntten y esrsiass uslh tAsss u lhs New
Nak Central asd PennssvanIa Csasral preliminary ss-
e1aliens towards which have already taken pass b.
gon1euaasa y stimulate The sdvanoa lnessassd coo.
1ooeo b vsiuss " also man fssae1 viii respscs =
- securities and property II general Nssy \ u
esndnnt supply 1t six per csut e call y first eiass
see sisAesgh the coasiaus ~ ssvsa . mis-
pslaassus esllassaa shs sams uns ~ iasssr ars
sssntag with moderate freedom IT. sAsIr ssstensrs
- - lsga rsts are that The nsxs
uaEossly statement Of nssioasl banks vn nads
~ wtthsas the sligntsss disturbance In ~ moosy
n9ks< styte..a& s
Gevument securities aetivs q sdvsnslng pioss
Esvsd qsolanoas for nvs.tWsaues y LenAoa csase1
s7x y - BID Tor the issue q lss2 ssss assa days
g1aaa lo5K yesterday DssniaG fss s.shsr" -
osssse tn Ne bosds y knswn V - hsavy. - ne
lpnssat nsw - sheIswsy nsn Harcps y eWiuassd 70
ua % ~ TIE supp,y free shis ssnsse WI proha-
~, bsinssmeien& = NEST ths waats u shs bssr a1d
sprsu he uaksl lhsss wusa ~ sssvs borssv,se =
IA m lsoas shas ssssrny. - ~ psiss rs~slss1
knHy m nese ~ caose wtso y ssvs Nv : fr,ss,sn
krvesvsatiss q 1855 49, oena a .ss.s - 4
kuunu1x - snarp vsrs 49, = 1oss<. VIA sons
lssa bs1sw 1eskta - asusssA - hvsaensss
osaaad IT. I'll The sold bessue 49, iuinssns1ug ~
snssfss hsa - rse<as dspssnssss pssnisss y -
-, ~ a.. e,o.. ~ ,.errsA -. $3.50 - N.
.sIo,,sa sus.aao,.,-Reruses,a 80. 1o7w : 1osr
-. lssl. ma NV. IVA rsr.s,s,sd. rs1a
- ! ,Nxr. ao,s $40. ~ rmx resa<. ~ a
80 law lasx. a. -. 1nesr : Ia r. ~. iaes'
..sssv - 1.,v io7x 1oex, q. NJ. n ! ,os
ao,s raa.r.a loos< 1oocrt = - e,,pe,. loos<
,oos[. J.,e -. a. = 49,. y.iv ~. 40
Ia1w. ~ ..s...-.s .,.1s1r, il,x : my. w..
iIox iael<: ss.se..>.r ~ NV I -. o.ssr.r