The New York herald., 1869-04-25


week, OF $2,525,09l. The last two statements COM
pare rs follows:-
Loans .................. $255, ls4ss2 s257 o74
SRso,e Srcnts;on i,;.......... ,1sld1so $3.50 3so
StICuIaton. on......"........ 34,436, 769 IA 0bO,3S
xoPOsits. .............. l12203,494 III, $40 OS0
Legal tenders... 5l,0ol,2SS 53,677,S9s
The following are the differences
Increase IN Snece 2aS iS2 iS
increase IN circulation. ................ 376 1888
increase In deposits. ACKNOWLEDGEMENTS. 5136 $50
increase In legal tenders. 2,67661O
The money market reflected the condition Of the
banks, as shown by the statement and rates call
were quoted at six and seven per cent up to two
O'Clock, when the offerings still more numerous
and the banks took six per cent on government
coaterals to obtain the two days. interest to Mon
day. Before the close Of banking hours lenders had
great difficulty in placing their balances, and money
was offered as low as two per cent before three
O'Clock, which was the rate on one sum of
over two hundred thousand dollars rendered in the
government room. Some apprehension Is felt that
the opening of navigation on the lakes Will call for
funds next week, or in the vicinity OF May to move
grain which has been lying in the Western ports
during the winter, but the demand hardly be
great as the West is largely in debt to the East
and has been backward in making remittances, de-
pending upon the movement OF these remnants of
last years. crop. Commercial paper shows slight
yielding in rates, the country banKs being buyers of
choice four months double name acceptances at
rates ranging from eight to ten and eleven per cent
Foreign exchange was dull and steady GU the basis
OF 108i to 1855 for prime bankers sixty days ster
ling. The cotton crop OF the South has been ex-
hausted Of bills, and with the present de-
mand to make payment for the foreign coupons and
foreign purchases the bankers are not disposed to
draw until the character OF the market fully
gence the cotton crop far is in Of that of
1858. The aggregate receipts since September l.
1888, up to this lime have been 2.120,S68 bales,
against 1872 664 bales for the period last year.
being this last season of 81 100
bales.
Governments were more active, and the e2's were
largely dealt in at 12 the market seeming TO dsre-
gard decline of One-quarter per cent at London.
The 67s which have been heavily sold ''short" ad-
vanced to 115H in the afternoon under pressure to
''c0ver," and were lending "nat" late in the day.
Treasurer Spinner has issued circular informing
all national banks that have deposited IN the
Treasurers office In trust to assure public moneys IN
their hands, that all future applications for exchange
of such securities will be declined under instruc
tons of the Secretary Of the Treasury The circular
was doubtless the result Of inquiries Of Messrs.
Henry Clews & Co., of this city, who received the
following specific reply relative the Pacific sixes
TREASURY DEPARTMENT
OFFICE OF THE COMPTROLLER OF CURRENCY
WASHINGTON, April 23, 1859.
GENTLEMEN-Your letter OF the 22d instant in.
Quirng whether the Pacific Railroad currency bonds
are acceptable as security for circulation OF national
BY a late decision OF the Secretary OF the Treasury
the practice OF receiving these bonds for circulation
securities has been discontinued Very respectfully
w. X. HURLBURD, Comptroller Of the Currency.
The following were the closing street quotations
hia for Iuito Ctata
skies, 1881, registered, 1l7I 117a; do, coupon.
117x a 117x; do, ivetwenties, registered 1l2
112h; do. do, coupon, 1862. 12l 121is; do. do
pom, 1864, 116H 1862; do do, coupon, 1865, 1885,
1lsk; do. do coupon, new, 1865. l151l 1l5x; do.
do, coupon 1887, l15H 1855; do. do, coupon.
1865 115A 115h; do. ten-fOrties, registered 1861
106; do. do coupon, 1865 1861 currency bonds,
104x 105
The market for Southern securities was again
strongly active with an upward tendency In the
whole list The adjournment OF the Southern Legis-
latures which have been notorious for imposing
fresh taxation, and the renewal OF the investment
demand from the savings banks, combine to stimu-
late quotations. The features to-day we're the North
Caroinas, which manifested great frmness, and
were largely bid for with few bonds Offering, and the
Tennessees which reacted from the dulness Of last
evening. The Alabama eghts advanced to a half
per cent above par. The Louisanas were buoyant
with active inquiry for the levee skies and eghts,
which had been ouiet for several months. The Mis-
souris were strong In consequence of an expected
payment Of the principal in com. The Missouri Re-
publican recently said:-
It Will be remembered that the Supreme Court of
the United States has decided, the OF Bronson
Rodes and In the case Of Butler VS.. Horwitz that
~ money na s,a eseaar 'o @ IN Willing oerOre
able on their face in gold and silver must be paid in
coin All the bonds issued by the State OF Missouri
IN suppors oi % raiiroaas @ Veong sh 10 .ais casegory
ens anS a,a naveh,a on thar foco sn rid