The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-08-22

Circulation. .............. 33,992,257 34,02s, l04
Iepai tenders. 54,sso.osa 5s.o7ossi
The following are the changes from the previous
statement
Decrease In loans. So, 1854 232
Decrease in specie. 1869 989
Increase in circulation. 3oS47
Decrease In deposits. ACKNOWLEDGEMENTS. 6,928 l65
Decrease in legal tenders. 1.65926S
Washington despatch reports the present
amount OF currency in the Treasury at ga 900.
Commercial paper was dull, owing to the tempta-
ton to keep money employed ON call, and rates
ranged from nine to twelve per cent.
The following were the bids for city bank stocks:-
America 142 City, 200; Phenlx. 1eo North River, 90;
Tradesmen's, $50; Butchers and Droyers', 1874; Ma
tional, ll6; Merchants Exchange, III; Seventh
Ward. 112; State Of New York, 1lOk; Commerce. 1875;
Ocean, Iol; American Exchange, 1l5H; Chatham,
le5 Bank of the Republic, 12l Hanover, 1os Irving,
ITO; Metropolitan, 1856; Market 122; Nassau, 1o6;
Shoe and Leather, lab; Corn Exchange, 100; Cont.
mental, 100; st. Nicholas, 115h; Importers and
Traders, 1873; Central National 1924; Fourth Ma
tiona, 1861; Ninth National, liz; Tenth National,
.1O5A; Oriental, 100; Gold Exchange, lao; Bankers
and Brokers' Association, 100.
There was dull market for governments and
street operations were suspended an hour or TWO
earlier than usual. This apathy, as we'll as the de-
cline in goId leo to weak feeling In earlier opera
tons despite the stcadness OF the foreign market.
The bank statement was also regarded as prejudi'
cal to bulsh speculation and there was little dspo
pitiOn to buy In the best hours Of the market CTS
bold at 12ok. The 62's were extremely duh. On
the other hand there was very logical advance
in the bonds which are. Of course, favor
ably affected by o decline in gold and sold as high
rs 1921, with none Offering at one time less
than ITO. The following were the closing
street quotations:-United States skies, 1881,
registered. l2s 12Sk; do. do, coupon, 1913
q I23<; do. nve-twenties registered, 12I1 1915;
do DO, coupon 1902 122h 122a1; DO DO coupon,
1884, 121H 1213S; do. do coupon. 1896, 121 1917
do. do, coupon, new, 1855, l2ox 1924; do. DO.
coupon, 1851, 12o,s 12oA; no. do, coupon 1868.
72Oh 12Ok; do. ten.fores. registered. Ill Ill u;
do do, coupon, ll4,f Il4si currency bonds, l0sX
q 1927.
Southern securities did not follow the general
course Of the market except in few instances, but
were steady and strong, in sympathy with further
advance IN the new Tennessees for which there was
better demand to cover speculative sales, the pur
chasers apprehending that the full effects OF ex-
President Johnson's speech had been felt. The
special tax bonds OF North Carolina were weak
despite efforts to "wash" them at the board. The
bill for which injunction was issued to restrain
the Treasurer OF Alabama from endorsing any bonds
purporting to be issued by the authority OF act
OF the General Assembly, Of March is, 1869, in the
shape OF state aid In the construction OF the
Brunswick and Albany Railroad, at the rate
OF $ 900 per mile in gold sets forth that the con-
etructon OF the proposed road would be breach OF
faith with the compliments and violation Of exist
contracts that the act to aid the Brunswick and
Albany Railroad Company is unconstitutional and
void, based upon fraudulent allegations and pre-
eences; that the proposed appropriation 49, 900 mile
Ia gold equivalent s 600 in United States curren
Cy, Is fully $4,000 mile more than Is necessary to
build the road and that the whole transaction, from
beginning to end Is fraud upon existing companies,
and upon the payers and bondholders of Georgia,
concocted In the interest Of persons who are
6trangers to her soil, who have paid no taxes into
her treasury, who have no abiding interest In her
permanent welfare and prosperity and who are
seeking upon preences the most fraudulent, to pos
CESS themselves OF large sum Of money over and
above the expenditures which they can possibly
make In the construction of the road' The follow
ing were the closing street quotations this afternoon
of the Southern iist:-Tennessee, ex coupon, 61t4
6lH do, new, 53I 53k; do, five per cent, so bid;
vi xinia ex coupon, SO SO; do. new, 60 o 60s4;
d., registered stock, 40 AZ; do, registered, 1885,
81 O IS; do, registered, 1867 531s 90; Georgia
sixes SO 81; do. sevens, etk 90; do. seveps In
terest payable In Georgia. 81 90; North Carolina
SKIES ex coupon, 56)i 81: do, new, 49h so;
missouri skies, soll a S626; do Hannibal and st.
Joseph, 30 q va boufStaha Shts, ~ ~ uO.,
sevens, 20 O "; do. levee skies, 65 90; do do.
eights, san SO; Alabama Fights, 93 e3h; do.
nves, g. 6sK; do. SKIES, sterling, 90 bid; South
Carolina siyDo, 90 q "; do new, 641s 60; do,
registered stock, 65 60; City Of Memphis SKIES SO
ST. do. Atlanta eights IS 81; DO. Savannah
,eevens, 90 92; do New Orleans consols, "a 70;
do. do. issue railroads, 80 a 20; Mobile and Ohio,
sterling, e5 o sS; do do, eghts So SO; Mississippi
Central Railroad, FIRST mortgage, II Y; do second
mortgage. 60 03 Memphis and Charleston, first 81
q 90; do, second "a q 75; do, stock, As 461s
Creenyille and Columbia Railroad, guaranteed. CT
a67.
The declining course Of gold was quite marked
to-day, and the price at one time touched the com
paratively low figure of 131A. The sales below
a31X were not numerous. however, and the ten
dency on the part OF the majority OF operators
seemed TO be in favor of covering the efect OF which
was reflected In two reactions, to 1919 and 9
second one towards the close OF the day to 13l q
The short interest has oecn largely closed up, 81
that the market IS IN that hesitating ant
undecided state which makes 1t easily sus
ceptbie Of the influences OF o bold move
ment either way. While the price at presen
"a low enough to tempt operations for a rise, tn
steady and increasing shipments OF cotton-th
amount this week being three thousand bales II
excess Of last wesk--the demand for our bonds II
EUROPE and, alphabetically, the decline In the En-