The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-12-12

specie -............... 1858, $50 ~ 10, 1872
Glrcuiauon ............ a. l1J, t53 I12s,lT
deposits ............. 1s2 Gg0,lD 1872 179.79S
Legal lenders Al, oas,27s 46SS4,42o
And the following are the specific e,rerences:-
decrease IN loans ACKNOWLEDGEMENTS. $6O6oH
decrease In specie. ACKNOWLEDGEMENTS. 0l7177
Decrease In circulation 49,. ............., 1851
Decrease IN deposits ............... 5l0,342
Decrease In legal tenders. ................ $685. 1855
From the above it will be seen the total liabilities
have been reduced s5a269s, against o loss in
resources Of $22O52 The hold OF lawful money
In excess OF the legal reserve s22 52 sl3 which Is
gain over the preceding week OF s10s,652 to
which may be added 100000 specie, that
amount, sold yesterday by the government,
not being included In the statement The money
market worked to-day well UP to the legal rate
which figure was generally paid by borrowers
call, as well on governments stock collateral
Exceptions In the OF the former occurred SIX
but were rare. Discounts continue about as last
quoted prime double name accceptances pass
Ing at to IL per cent ana single paper
at IL to "a per cent. The street was sin9u-
larry Indifferent to the news from Wash
ington, to-day, the announcement that Mr. Ingersol
had third time introduced his bill providing
for the issue OF additional S4s 900 900 OF legal
tenders producing no effect whatever, the accompa.
nying intelligence Of its reference to the
Banking Committee serving to counteract what
ever influence upon values it might other
wise have had. The wellknown views of Repre-
sentative Garfield, the chairman OF that commit
tee, upon the subject OF tho currency, he being
pronounced contractionis render that reference OF
Mr.. lngersops bill equivalent to It's defeat, and In
deed, considering the struggle that has taken place
between The Committees Of Ways and Means and
Banking and Currency to get possession OF this bill,
with the fact before stated OF Mr. Gared's dec Jared
financial policy, this disposition Of 1t may likewise
be regarded as expressing the sense OF the House. at
al events against imitation. 1t would be premature
however, to suppose that the fight Is already over.
1t Is more likely that this Is simply "nrst knock
down" for Garfield. The Western men, who, in the
interest OF their agricultural constituents 20 for I'M
limited greenbacks and high prices, are not likely to
give up the contest SO easily, but may con-
ndently be expected to make stubborn
fight yet Gold was steady to-day within margin
Of Il per cent, ranging in extreme quotations from
123 to 1884, the bulk OF tho days business being
however, about equally divided between 1881 and
1881. At the close Of business the price was 123A
to 123a; g. 6 and per cent paid Tor carrying.
The steamship Pereirc to-day took out $9l, 600 In
specie. Governments were about steady through
out the day but weakened towards the close and as
the result OF the days dealings exhibit decline OF
e to per cent on most OF the issues Regis
tered ISL skies and tenorties were exceptions
and closed strong aud higher State bonds were firm
and generally On the entire list meeting Of bond
holders OF the State OF Tennessee was held in the
afternoon to discuss some means OF protecting their
interests In that regard. A gentleman present
stated chat the debt OF the State $780, 0OO OF
which $30,000000 was issued to railroads, 0ne-han
OF which, he said, couii pay such Indebtedness
demand IL was further stated that the railroads OF
the State had In reality nore than double the
amount OF the subsidy. II is proposed to ap
point committee, who shall proceed to Tennessee
and make application to the Legislature to have the
defaulting railroads placed IN the hands OF q
missioner for the benefit OF tie bondhoders The
stock market was moderately active and buoyant
to-day, and with an average business fairly dstr
buted among the speculative shares prices were
wen maintained. Adams Express was q leading
feature Of the market advancing one and 0ne-half
per cent 1t stated that the company at their meet
ing next Tuesday, are to discuss proposition for
the purchase Of the railway lines given up by them
at the time OF their compromise with the Merchants
Union. These comprise some forty-eght hundred
miles, United States Express advanced IN sympa-
thy with Adams. Fort Wayne was strong on the
declaration Of dividend OF z per cent free the
guaranteed stock, payable January l. Inc market
was not affected by the bank statement and closed
steady. The following were the prices at the second
Call OF the Stock Exchange:-Canton, 501s So;
Cumberland, 2eh 285s; Western Union, 347s
IS; Quicksilver. Tx 17f.; Mariposa rs
o 8; do. preferred, Is q Is; Pacific Mail,
b2N q So; Boston Water Power, 1914 bid;
Adams Express c254 Q So; we[Fargo Express Tx
. 17zs; American Express, Ala AZ; Merchants
Union Express, az q IL; New York central and Hud-
son River Railroad, Ok 90; do. scrip, 1914 o 81;
Harlem, 1873 a les; Reading, Io1H 10lA; Michigan
Central, 1921 bid; Lake Shore s71s s7>i; Illinois
Central, 1895 135k; Cleveland and Pltsburg, s2S
bld; Chicago and Northwestern, TAX 70; do pre-
ferred s4ss s4x; Cleveland, Columbus and Cincin-
natl "a 74a4; Rock Island, 107 r07h; Milwaukee
and 81. Paul, 74k 74st; do. preferred, s84 s6h;
Toledo and Wabash 81 a5s; Fort Wayne, SO ss14;
Alton and Terre Haute 20; do. preferred, So; ONO
and Mississippi. 255. &c; Delaware and Lacka-
wanna. 1913 q los; New jersey Central "a o 94L;
Chicago and Alton, 143 u 147; do. preferred. 1887
148; Morris and Essex, ssj5 bid; Hannibal and st.
Joseph lOoK; do. preferred, 100 bid; Erie, 265s a
~; do. preferred A61 a471l; Columbus, Chicago
and Indiana Central, ga H.
The extreme fluctuations OF the leading stocks
during the day are thus shown
highest. LoiCsst
New York Cen. and Huda Consol o. Ola
New York Central and Hud. scrip. SAY S3I
ERE. -..................... Iots 2OSa