The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-12-23

The foreign exchange market was throughout Arm at
per above par for bankers sterling sixty
days. and this resulted in export OF $15s4,20o in
specie and bullion from this port and about quarter
Of million more from Boston. Tho supply Of cotton
and produce bills light but yesterday bills drawn
BY Duncan, Sherman Co. on Barring Brothers, Of Lon
don, were thrown the market to the amount. Il is
sad Of fs5ooo and taken by tho foreign bankers. in
the absence OF which the shipments OF specie
would Il II supposed have been larger The
appearance OF tho bits Of surprise to tho
dealers In exchange. and Il Is not known what &C.
count they drawn. Cotton was exported 70
limited extsu The total from al the ports for the week
having less than - 500 Bales but the toa since
Ans lss Of September boon 2ss 700 bales, against
only 2lA,soo bales for the same time last year. Tho
rates OF exchange current about per cent
higher than usual At this season and various views
expressed to the The import and export re-
turns OF tho country throw light upon this Ac
eordng the reports OF tho Bureau OF Statistics the
soregn imports OF the United States for the four months
beginning with June aud ending with Sap.
ssmbsr In the present year werc valued at
$780, $50, 762 In gold, while the total EXPORTS in
c,udng gold and silver and foreign goods during the same
months were valued ct &l0s 400 o61 In gold, these
sgurss being obtained by reducing the amount in
ysnv 10 tho amount In specie at the currsnt premium
Here have balance against Of s23 $685. SOL. More
over. the export OF securities. which for two three
gears served instead OF gold balancing exchanges,
mas atterly bon very light scale, aud this Is not
without effect upsa the at the present time. At
the close the follo~ng quotations nomnaly
rent. some Of the eads drawers sti asking 1l0l for
sterling ct sixty days:Bankers' bills on England at
sixty days. ITO q 1iok; at sree days. HOY l10k:
commercial bills, loak fsaI; bills on Paris At
sixty days. s13x . hllk; at three days.
six $40; on Berlin, bankes', 72a 72k; COM
nsroial, Tx any; Bremen, baussrs, 10Y 7o,<;
commercial. 10 7ok; frankfort, bakers, al. :
S1x: commercial, ~ AK; on Amsterdam, bankers,
tllH ak; commercial II AK HAMBURG, bankers,
sex Say; commercial. asX . Az; Antwerp,
k13k SIX.
The supply or capital available for smploymsn. on the
Stock Exchange In excess Of the demand durng
she week, and loans were made freely 10 hrss class
houses. both BY the banks and private lenders at six per
cent although per cent generally asked for
small and moderate amounts on miscellaneous colat.
sras The transactions At this rate however became
very exceptional towards the close and Saturday
lenders found Il d1ncult 10 obtain SIX per cent and
balances we're len with soms Of the leading dealers In
government securities a. Ave cent In tho discount
line there was moderately easy movement the dis
trust Of credits which prevailed for some months prior
the passage OF the bill suspendIng contraction By the
House Of Representatives. having given place to more
sonhdent feeling Ia tho immediate future Of
nnnnciel eoo cOmmefclai Aualr& Inc oanke
have been laerly taking the best grade or their
toners papor without hesitation at the legal rate and
IN the open market prime been in request
N per cent with most OF the transactions At TX
The disbursements OF the Treasury In payment Of
nisnnuai interest due on the 18th inst the June
ssvenhrtiss and also In redemption or the December
compound interest notes which mAtured tho same
aats contributed swell the volume Of loanabe funds
while the western exchanges continued slightly favor
Of this centre or so.es62s) OF compound notes pre-
scented Al tho sub-Tcasury, ss,5soo 600 redeemed
IN three por cent certificates The statement OF the
ISOLATED city banks FOR the wesK ending yesterday
sfrain Their reserve or legal tender notes
mas Increased sa.357,l2i, aud their deposits
fSss3 while their loans chow . reduction OF
t2i62,1o2 their specie OF 81 4ls5 39 and their circu
iasion OF to2slo Thor liabilities ia deposits and cir
cuation amount 70 SAIL osi 6s4 sgaInst which they
soId reserve OF s777o.52i Ia specie and legal tender
notes. or e1s, 900 Of the legal limit or
twenty-five per cent which would BE- ss2oi2e2i. "
We deduct the specIs from tho reserve, however "
ind that u 10 only ssses sll above the limit
On the stock Exchange t,ers was considerable specu
iasivs activity during the week. and both government
securities and railway shares advanced. Pacific Mall
ras however, weak aud Saturday afternoon sales
were made below ia . lower price than IL has
soochsd Cor some years past The general market
iwss a the same time buoyans and Erie advanced 10
5lk Tho favorable condition Of monetary Affairs. and
s peospscs OF large addition 70 ths floating supply
~ mensy when the January dividends Of the bankers
nd other corporations are disburssd, are stimulating