The New York herald., 1869-02-28
FINANCIAL AND COMMERCIAL.
SATURDAY, Feb. 27-6P.M.
The statement OF the associated banks OF this city
shows the following changes for the week.

SATURDAY, Feb. 27-8P.M.
The statement OF the associated banks of this city
shows the following changes for the week.
Decrease 70 l0ans...... III
decrease IA Specie 25lS ISS
Increase IN circulation. $50
Decrease In deposits. 396, ,37l
Decrease In legal tenders. 82,143
The decrease in deposits and specie exhibit the
large payments for customs by the merchants, and
the difference between the two items Ia due to re-
cepts Of currency at this point from the country.
The decrease in loans the effect OF the heavy sales
OF government bonds holders being tempted to real
lie and large amounts OF capital being thus set free.
The totals OF the two weeks are as follows:--
FEB. 20. Feb. n.
Loans ..................$ .$sea4ss,oos $soi 1887
s|scn,ation sPege. sS1ssi soss2 ss2 SSs SSs
Deposits. 1S7,dl2,5f8 1s6,2l8l7s
Legal tenders. ........... 6O.907,l97 50,s35,06z
Washington despatch says that the Treasury
expenditures thus far this month have been about
100000. The currency balance Is about $1s5OO
0oo The coin balance stands at sos, 100000, In
Guiding 500, 1000 certificates.
The activity in government bonyis to-day was again
the absorbing feature Of interest in Wall street.
telegram by the cable In the forenoon announcing
the London price at s2A created great excitement,
and holders OF '02's demanded l10, with 11Sk bid;
'67's were quoted up to 113H. Later In the day
there was closer approach Of quotations, and '62s
were 1875 1lS1. The market subsequently under
went sharp reaction on tho report OF panic in
London and decline in bonds. The latter part OF
the story was true but the panic portion originated
in the tact that Saturday the great English 'set
ting day." and prices were in consequences on
from the best figures. There was again some unac-
countabe tampering with the press dispatches.
which placed che London price enormously at SO,
when the highest attained was 82A. The fact that
there was considerable realization at the larger
figure induces the suspicion that the was pur-
posely made. The telegraphc reports during the
day were very confused In the reaction 82's went
back to III When the excitement had subsidized and
definite telegram had been re eved fixing the for
eign price ut S24 there gradual recovery in tho
list, but not to tho highest figures Of the day,
the delay in the Senate over the Schenck
bill causing some hesitation among purchasers.
The foreign bankers bought several millions to-day.
Late In the afternoon they received orders to pur
chase bonds. The closing quotations at five O'Clock
were as folows:-Unitei States skies, 1881, regis
tered, lis 1l5H; do, coupon, 115A 118; do.
52Os, registered ia ia; do, coupon, 1882 111T
q 11s; do, 1884, ll4,l ll41s; do. 1855, 1l5H
115X; do, new, 1885, 112X 1l2a4; do, 1857, l12N
1l3; do 1858, l12N 1l3: do, 104Os. regis
tered, 1O3Z q 10i; do. coupon, ITO 11o4; cur
rency bonds, 102 1924.
Gold was perfectly logical In following the tele-
grams to the foreign price Of bonds. The lowest
price ut the board was 1907, put small sale
(slO,Ooo) is reported at 13oA. The decline In bonds
in London In the latter part Of the day stimulated
the price and there was full recovery OF one per
Ut. - r.tnr f~ut-.