The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-11-18

ne President resolves siasy. heladiug Aesnnukss
q half psr cent on dvidsnA Of shout twenty ssvss
thousand dollars IN gold that The ssns II he com
pany's e6soss in wall street. $4,000 pss
aunum. "a ehas ne once sxpenWs sn charEsdq
70 b mare than avs hundrsd thoasand dollars per
num- II d also charged, and not denied. shat
nsion II ave per cent in gold on al fsshs carried by
The company paid TO Wells Fargo ca, and The psss-
- ssaiss pssadsat M Louis hsIAss = hkswiss
prssidsnt Of Wells Fargo c., suhe receive several
hundred thousand dollars IN commissicns yearly. 10
further charged that he company has sctsd in
asr calculated % promote violent speculative nsctua
tons II tho sook ~ ingnnca when ~ qna1eo1ly
dividend reduced from nvs 70 three per cent n
though the earnings = thas lie greater
than before The SECRETARY Of the company. whom
before the Legislative Investigating Committee in March
las said in answer % the question, -wAeAhsr ~
sant nactuasions in the prics o. the stock Of great
corporations like this noe injurious 70 the stock
holdeni ~ think they advantage astockhoder
Il he b we'll acquainted with The Affairs Of the company
and has money enough buy when he has the oppor-
tpnity" How any eas q The oonAisnes ~ We dlsts
tors were Or as we'll acquainted sih the affairs Of The
Pacific Nail Company may be judged when ~ thas
the present managers have never made report Of it,
condition, the approach 70 Il having been mere
balance sheet At the olsss q business q quarter
x Saturday the general stock market stsady
The subjoined quotations New FORK Central lllx
lax; Erie 7sK 7sx Hudssa River. l9sK NAY;
Reading, "a o7k; Michigan .southern, SIX ssslxss
Cleveland and Pitssbarg - AK; Roek islnnd, seK .
0os< Fort Wayne, % osx; Northwestern, t4sS atA;
do preferred, 6sA e5X Ohio and Mississippi csrtn-
Gates 25s< %; Western Unien Telegraph, slk ak;
PAoine Mail. l3SX lSSK. IN W etsAs4
Money was easy throughout q ssvsn Per osnh With
transactions in many instances q six this being the
rs q which the dealers In government securities we're
accommodated There wss very moderate m0vsshent
in discounts at the banks and the latter coBnns tha-
solves 70 selections from paper offered by their own
Customer. the prsferencs being 70 employ money On
call rather than Ieck u Up II eonasrcil papss. ~
cy nov when the rate for ioans 70 the Stock Exchange
equal 70 that charged for discounts OF prime paper
In the opsn market discounts made with great
ton but best grade Of paper negotiable y TX
per cent and In some Gases T. while inferior sgna
turss Of favor and have % submit TO high rates.
the drzda Of currsncy from tho West continues
and The now soushwaFd i very limited sThss
statement Of the associasd banks Of this city for The
week ending yesterday VIII show decrease Of
81 I'll 23s in legal tender and $l0o,o5o ID a.
posts and the eshsr isems increase namely ;lnr
loans OF $72O6so in specie Of $ol7oSo and in circula
tiop OF $c4 ASS The totals q the statement togssher
with shat a the previous wssk. are - subjonsd -
".
Loans. $247, Jls,l7s $24s zao SO
Specie. ..................N lz0l0,9sA 16J94 -
i soos,ss lS3sassoe iS77sa ssS
Legal tenders. ......... $3.50, SS3 "a S2a go
IL appears BY tho foregoing figures that the legal
reserve exceeds tho required limit II twenty.
Ave par cent on deposits and circulation b Mo-
sum Of sl5.oo4,slo, the liabilities In The two
forms mentioned being s2ll,s772io, upon which
tho reserve would b ga seo,804, whereas
the amount actually held viueiadpg spscsa -
ses oo3ol4 II No omit 70 count tho specie, however,
the excess only 81 $50 sAN The decrease in legal
tenders in the present statement Il owing mainly %
payments the Sub Treasury, the balance in which
increased to the sxsns or a. s04 $50 during ths week
THIS decrease IL however, largely cosst ~ The insass
IN tho SPECIE that the banks nearly - strong IN
point Of reserve Is they were wssK ago. d,
Tho foreign EXCHANGE market frm bat extremely
dan during the week. shs demand for btls beng
lighter than usual Al the Close bankers' bills Eng
land At sixty days quoted a. 100 looK; Il thrse
days. 1oox looX: commercial Bills 1oox 100; bills
on Paris At slxty dayA SILK SICK; = three days
b.16x 5.14H. ~ tNxk go
Tho suboined statement shows hs highest prices ~
which the leading osks sold - the nrs regular board
~ each n the following SatuYdava:-- ~