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


Circuatlon.. 34ooo,oH S3''4hSoo
Total liabilities. ..... $780, 4S512O 1884, 167, 993
specie ................. T,6tl,933 1200O3,v.o
Legal tenders. 56.lol,6ss 00o5e,S34
Total reserve ,. $50, 973,509 ss2 O5O, 1850
twenty-five per cent rev.. 57,62l, $50 6S,541, 998
Exoess over legal res've. $685. 352 go $2s6ls, 7o1
The money market continues TO work freely
within the range OF rates reported yesterday, vz:-
0ve to per cent. with liberal offerings gov
ernments at the lower figure, and six per cent as
the ruling rate on these and mixed collateras.
Seven per cent Is becoming quite exceptional. the
banks exhibiting Willingness to loan national cur.
rency In large sums below that rate. Discounts
also unchanged, with fair demand for accommo-
dalton. mostly supplied between the extreme rates
OF seven and q half and ten per cent
The stock market was less active to-day than yes
terday or the day previous, opening strong and
buoyant, although somewhat feversh on both the
New York and western Railways but speedily react.
aug n TO per cent upon free offerings to realize
In the afternoon however 1t rallied and recovered
greater frmness closing strong at nearly the best
figures of the day. At this period Lake Shore was
an exception aud having sold at 1OsH, closed ~
per cent OIL. Pacific Mail was in sympathy with
tho railways and active. The other miscellaneous
shares. and the expresses were dun and steady.
Hannibal and st. Joseph was surprisingly active
towards the close OF business, advancing to 1907
132 The following were the prices at the second
Gall OF the Stock Exchange:-Caaton. SO q 60: Cum
berland, SAX bid; Western Union 3SX q SO; Quick.
silver, 15H 16z; Mariposa, TX 0; do. preferred
AK q 1915 Pacific Mail, S55S S51s; Boston Water
Power, IA a 15H; Adams Express 59ji 597s; Wells
Fargo Express, 19X 20; American Express, Al a
ak; United States Express, es1G cox; New York
Central. 211 ELK; Hudson River, 1851 1917;
Harlem. 1e4 1877; Reading, o71s OK; Michi-
gan Central, 100 bid; Lake Shore. 1881 1osx:
x1liinos Central, 141X 142; Cleveland and Pitts.
burg, 107H 108; Chicago and Northwestern, COX
COX; 40. preferred, ok 97x Cleveland, Columbus
aud Cincinnati, "a . 55j Rock Island, 110x 11s%;
Milwaukee and St. Paul. S35s q S3s4; do. preferred,
COX soX; Toledo and Wabash, TAX 76>s; do.
preferred, 80; Fort Wayne 1854 15s,s; Alton and
Terre Haute SAX SAX; do. preferred, 50 o 6sX;
Ohio and Mississippi, s2h a2as; Delaware and
Lackawanna, 1124 bid; New Jersey Central 1O5H
1O5k; Chicago and Alton, 164 a 16d1l; Morris and
Essex, ssH 80; Hannibal and st. Joseph 1871 bid;
do. preferred, 128 1861; Columbus Chicago and
Indiana Central, 335T s5H.
Erie was strong to-day at the noon call OF the Ma
Htonal Board, closing at 90 o 29X for the common
and 81 SAX for preferred. subsequently 1t went or
and closed lower. Boston, Hartford ana Erie was
quoted at 20 a 21x.
State bonds were depressed to-day by the de-
spaeohes published IN the morning Of ex-President
Johnson's speech in Tennessee favoring repudia-
tlon aud the bonds Of that State reacted from the
advance OF yesterday. North Carolinas in sympa-
thy. were duh and heavy at lower figures and the
balance OF the list neglected The following were
the closing prices for these and other Southern
curlties:-Tennessee, ex coupon 6l1s 62; do new,
657< 55%; do, i've per cent. so; Virginia, ex
pon, SIX 57}S; do new, coz cox do, registered
Stock, 491 49X; do. registered, 1855, SIX
b S.; do registered, 1867, 81 5i)S;
Georgia SKIES, So q 81; do, sevens, ok o.;
North Carolina, ex coupon, 81 SIX; do, new, 81 a
BIZ; Missouri skies, S714 SIX; do. Hannibal and
Bt. Joseph, 90 o.; Louisiana skies, 70 q II; do,
tevee skies, "a 64s; do, levee Fights, "a SO; Ala
bamR Fights 92H al dQ. flves, &2 85; do, SKIES,
1terling 30 95; South Carolina skies, 65 67 Do;
view, 81 e2IS; do registered STOCK 65 OF; City OF
Memphis sixes 49H so; do. Atlanta Fights, 81
BS; DO Savannah sevens, 90 "a; do. New Orleans
consols, "a q 49, do. do, issue railroads, 6s 90;
Mobile and Ohio steriing 66 es; do. do, eghts SO
2 60; Mississippi Central Railroad FIRST mortgage, 70
, 70; no., second mortgage. SO a 81; Memphis and
Charleston, first. IS 80; do, second "a 49, do,
STOCK, IS O 46; Greenvlle and Columbia Railroad,
Guaranteed, 65 o 81.
The government market was generally quiet to-
day. but dvm. opening strong on the s1 Sizes ten.
torties and new '65s, ana steady the other Ave-
twenty issues. Currency bonds likewise advanced
upon last nights closing quotations At the noon
eau 0Eb 0Jby oo'S anu t6n-IOrty coupon DOnOS were
stronger and advanced upon the figures OF the
Ing. Eighty.one skies, upon the expectation Of
Arrivals nom Europe, weakened and declined, but
the other Issues, including currency skies, were
arm. THE denial on the part OF the agents
OF the Central Pacific Railroad OF any
overissue Of first mortgage bonds Of that
TOAD, as insinuated recently In an evening paper
has called forth similar demand from the Auditor
Of the Union Pacific road. In q card published to.
DAY referring to the article making this nslnuatlon
quoted here yesterday that gentleman states In be.
AaIf OF tho Union Pacific Company "that there
has been no overissue Of bonds by this company.
On the contrary. the company has been scrupu.
lously careful to keep the total amount OF their
mortgage bond issue below the amount OF subsidy
bonds received or 70 be received from the
government. The company hold to-day one
and q half millions OF their own bonds
faat have neither been sold nor offered
Tor sale. It Ia difficult, therefore, to how any
idea OF an overissue the part Of the Union Pacific
Railroad Company could possibly have found an
0xistence.u
Thus matter that was likely to have caused q
nuter IN financial circles is happily set at rest. The
Following were the closing prices Of governments OF
ave oclock:-United states skies, 1881, registered,
a24x 1876; do. do, coupon, 124X q 1875; do.
avetwenties, registered 1874 123x; do. do, cou-
pom, 1862, 126 l25k; DO. do, coupon, 1854, 123X
1855; do. do, coupon, 1885, l2sx 124; DO. do, cou-
pom, new, 1885, l22X l22,i; do. do, coupon 1867.
l22x 122k; 40. do, coupon 1868, l22Y 122x; do.
fenfortes, registered. 112 1875 do, coupon,
tlST alio; currency bonds, 11lX Xix.
Foreign exchange was quiet after the steamer and
steady at the following leading quotations, with
urmcr feeling In francs:-stirling sixty days. CON-
nercial losK look; good to prime bankers, 1907
ti1oX; short sight 1l0,E 11ox.
Gold was dun ana steady to-day, between 1s8X
and 1861 as the extreme figures of the day. The
higher quotation was confined 10 the morning hours