The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-07-11


Increase IN o 0vvas
Increase IN deposits. 3,267,722
Increase In legal tenders. 1896, 465
The total amount OF reserve held by the banks in
excess OF the twenty-five per cent required by law is
ga 500 sta gain during the week of s7,ssO,174.
The Grocers' National Bank OF this city Is now, by
vote OF two-thrds OF the stockholders in liquida-
ion. The bank has, however. reorganzed under the
avs OF the State Of New York, and Is conducting
business AS usual. The following were the bids
oday for the city bank srocks:-New York, 100;
Merchants, 127: Mechanics, 1885, America, 14l;
National. no. Merchants Exchange, III; State of
Jew York, 1l2; Commerce, 12sls American EX-
mango, ia; Chatham, 1856; Bank OF the Republic,
20; Metropolitan, 1877; Nassau, l04 Shoe and
,eather 1873; Corn Exchange, 1S3; Continental, SO;
/. Nicholas, lis; Commonwealth, 49, Importers
nd Traders, 1872; Park, 1877 Central National los;
irst National go; Fourth National 1O1; Ninth Ma.
onal, llo1s; Tenth National Ga oriental, 150
Governments felt the effect OF easier money and
the recent purchases by the Treasury. The reel.
tents OF these influences were the domestic bonds,
lore particularly the '67s, selling high 1177S,
he late sales having rendered the local supply
leaare. The 1925 were more steady during the
,guar hours OF business, in sympathy with the
DndDn quotation which came Sl,s, but advanced
lac street transactions with the whole market.
he blowing were the closing prces:-Untted States
xes 1881, registered 1171s 1lsls: do. do, coupon
81 l1S1s; do. 5-20's, registered, 1lsh liz;
J.. d.. coupon, 1882 12lT 122 u; do. do, coupon,
5l,il9 q 119H; do. do, coupon, 1855, 119H
81 do do, coupon new, 1865, 1l7ss 1175S; do.
D., roupon 1867, 117H a us; do. do, coupon,
g. 1l7;a 1l77S; do. ten-forties, registered 1854
lOSE; DO. do, coupon 1885 1903; currency bonds,
81 1865.
Themarket for Southern bonds was rather AMI
Rtedat the first session of the board, and very
Il lit of quotations made. Prices then became
iavy,nd irregular, and upon sudden decline in
Nv Tnpessees to IS and IN new North Caronas to
"a he whole market broke down. private
epath sent yesterday by high official in North
trOlia says that suit was recently brought in
carts OF that State by the University Railroad
tmpny-one OF the roads to which the State ap-
pplated bonds-to compel the Governor to issue
bnds. This he declined to do, on the ground
ut work the road had not been begun and
ut he appropriation must first be sanctioned
vote OF the people. The decision OF
Is question viii not, 1t is said. affect the
tidiy of the bonds issued to the Wilmington,
,arltte and Rutherford, the Western North
r0ha aud the western division OF the same the
rbGo and the other roads whose bonds have been
lcet on the call at the stock Exchange. The vir.
alas were about the Hrmest Of the list probably
Id to a pacific administration of the State and o
,reorderly management of its finances. Prices for
e Southern list closed as acknowledgements, ex
apon so 81; do, new, 551a 55s Virginia, ex cou.
N 81 5I1S; do. new, 81 62; Georgia skies, So
{; 10. sevens 90 o %; North Carolina, ex coupon
ass; do, new, As 43}4; Missouri skies, 81 Il So;
Otlsiana skies, 6s &C., do. levee skies, 81 g.;
o. do. eights SO IS; Alabama Fights, % %; do.
We, 60 90; South Carolina SKIES 81 q 50; do new,
SB7; City Of Memphis skies, 81 a 5lls.
Mining stocks have been neglected since the de.
mtion Of the apartment formerly occupied as q
bad room and the few transactions confined 10 Con.
srated Gregory, Quartz Hill and smith Parme.
lie.
Cad was dull but steady and strong. On ex.
tre quotations 1t touched 1855 and 1885, but only
lcuonal amount Of business was done at these
nges, the steady quotations being 1854 a 1854,
Interpretation Of gold shipments keeping up the
pra on the one side and free sales by the bears"
depssng 1t on the other. The demand for cash
g0lwas more noticeable to-day and the rate paid
forlrrying diminished from Lie ito Monday TO 8,
tx, Ga, S and 4 per cent The course OF price
dung the day was as follows:-