The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-12-15

Lowest price. ACKNOWLEDGEMENTS, 1861
Hlghest price,. 1859
Stosiug price, 1904
The transactions at the Gold Exchange Bank TO-
day were az folows:-Gross clearngs $40, 060, 900;
gold balances, $l,os9,7s9; currency balances,
Sl.557,570
Money was active to-day at the same rates as during
the close last week, but without any appearance Of
stringency the supply being quite equal to the de-
mand The regular rate to borrowers call was seven
per cent, and there may have been fewer exceptions
~ six, but some loans were made on governments
at the latter figure. The shipments OF currency to
the South and West still continue and we learn Of
one bank having received an order to-day from
Chicago for 100000. With seventeen millions
in excess Of the legal reserve in bank, and
the promise Of assistance rom the government,
there Is no cause for alarm In this however, but
rather subject Tor satisfaction at the heathfu busi
activity II represents In the country. This drain
Is not likely to continue much longer and BY the
middle Of January viii probably have changed Its
direction and have set In on its return, after fucti
flying and stimulating TO vigorous growth the various
Industrial enterprises Of the West sad South and
created q market for the products OF our Eastern
manufactures. The market for commercial paper Is
dull and rates are nominal at to per cent for the
best paper at short dates. Foreign exchange to-day
was dull. without change In rates. We quote
Prime bankers, sixty days, 1oss; do, short sight,
-1l0h sterling sixty days, commercial, 1osx q
1885, Paris, sixty days, $40 SICK; short sight.
h13x 5.lsH; Antwerp, $40 6.1ok; Switzerland,
go 5lsx; Hamburg, 36a q s61; Amsterdam, 40S
aHH; Frankfort, 4Os az; Bremen, 7ss . 70;
Prussian thalers, 71h a12
Governments opened this morning dull but steady
az the closing rates Of Saturday afternoon Al the
nrst board 67's sold at 10; '8S's lloIi $685. l07;
Hay bid for sis, 11oh for 62s 107 for '64's
and 1855 for l0-4o's. Between the calls business
was very dun and the inquiry hight. AT the noon
call more activity was exhibited, and '62's sold at
HOY and llo,.; ie4s at 1o7; e7s no.. and no. and
Pacifcs at 9s,S. Consols sold at this board for no.
After this call the market was again dull, With
out, however, change in price, but at the last
board, under the pressure OF moderate sales
another drop occurred, and 1878 sold at lloa
lo9E. closing ut Z bid; '6s's sold at 1lOn and
tenforties at 1861. The market remained steady at
these figures for some time, when upon news. cIrcu.
lated TO the effect that resolution OF censure upon
Andrew Johnson for hls scheme OF reputation had
been introduced into the House and unanimously
adopted lively demand was exhibited for all
classes OF securities aud large private orders given
at advanced rates, the market closing firm At tho
Improvement.
what erect the knowledge that the resolution had
been referred to the Committee on Finance will have
In tonng down this enthusiasm tomorrow 10 yet to
be demonstrated; but the report as Grst circulated
could thus influence the market there IL no great
likelihood Of a reaction. No doubt the resolution
win pass; i Is very proper and dgnined,
All really the correct thing for Congress TO do
!U~t now, TO declare its unwayeriug, unaltered
aud unaiteruplc judgment that the credit OF the
country stands pledged for the payment OF the entire
national debt principal and interest according 20
the letter and sprit or the contract; "a very
much ike an overwhelmed debtor assuring his
creditors OF his perfect ability TO them for tue
ance OF his natural life need be- II would be better
NJ Congress would act about examining It's assets TO
zee what available funds it possesses. ana the
quickest way In which it can 90 into liquidation.
The following were the closing prices for govern.
ments ut Ave o'clock:-united states SIS $751; regis.
tered, 1927 1oeS; do. DO, coupon, max I14A;
United States 5.so'a registered, lOeH io6;. DO,
coupon, 1851, l10h ll0.; do DO, 1884, Io1 q
i07&; do. do, 1866, lo7H 100; DO. do new 1885,
ilo4 1lo4; do, do, 1861 l1o1 1lo1; DO, DO,
iscs lloH 1ios; do, lo-i0's. registered 1917 .
IosI; do. do. coupon, 1861 1o5K; United states
s's, Pacific Railroad, esH a e9h.
state bonds were weak to-day. North Caroinas
falling or per cent on ths old and Ia on the new
on the doubt arising respecting the payment OF the
january interest In this connection II IL stated that
telegram was received from Governor Holden iate
fn the afternoon TO the eject tht the interest would
pe PAID Tennessees declined sp fresh rumors Of
the passage Of the omnibus bill BY the Legislature
Of that state. The following wee the closing quo
tations-rennessee sixes, ex coup,n, co 81; Ten
pessee skies, new, e5,s o c5X; vkginis skies, e,
coupon, % 10; Virginia sixes ex cotpon, new, 50
BIZ; North Carolina skies, ex coupon, e2x q SO
North Carolina SKIES, new se Missouri s,xss. s0n
sos. t.ssA.> 80. tH-s III. pNe
The stock market opened strong thIs morning with
fair share OF business. well distributed at price,
exhibiting q slight improvement upon the closing
rates on saturday night The following were IN,
FIRST quotations on the street:-pacinc Mail ia |
Jl3&; New YORK Central 125s; Milwaukee and st
Jaul, o29s q G3 do preferred, y bid Fort Wayne