The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-07-02

do. ten-iorties registered losH losx; DO d. cou-

NEW
d.. tenfores. registered los,s losI; DO. do, cou-
| pom. l0Ssl 100.
SOUTHERN ACCOMPLISHMENTS CARoLrNAs ACTIVE.
| Ia the Souhern'Siare bojds the North Uirollu ~
were active the old rising to 81 aud the 10 "a.
The rennessees strong and higher. Tne follow.
ilg were the closing prices:-Tennessec, coupon,
6G1s 81; do, new, % 65h; Virginia. ex coupon, 90
a6s; do. new, CT 6S do, regular stock, Old. SAX
55; Georgia SKIES. ex interest, SIS q 81; do.
| sevens, ex Interest, o. 92H; do. sevons. Old,
| 90 o.; North Carolina. ex coupon 81 a
5lM do. funding. 1866. 3s a 30; do. do 1861, 80
| 34 do. new 3o1s 81: do. special tax, II a 27A;
Missouri SKIES, ex interest, Ok a 90; do,
Hannibal and ST. Joseph, DO, Ola 90; Louisiana
skies do. "A 741 do new do, TIA 72 DO ltvee SKIES,
7711 rs; do. do eighs lex interest,, Of %; do.
pententia,y seyens So SO; do. railroad eights, 81
90; Alabama lves, "A 70; do. eghts lex INTEREST,"
81 IS; do railroad egnts do. 90 s5; South Caro-
lima SKIES tex ltcrest, IS s9 TO- new, January and
July lex INTEREST,", 70 70; do. do April and October
SO 81; DO. registered stock Old rs 81; Arkansas
sevens ~ 70: Mobile and Ono Railroad, sterling.
SO a 81; DO. interest eighIs, 10 u; Mississippi
Central Railroad nst mortgage sevens, rs so; do.
second MORTGAGE eighis, 63 u 81; New Orleans aud
Jackson first mortgage Tex INTEREST," "a SO; do.
second, 70 II; Memphis ard Charleston Rail- DAD
urst, % IL 81; GO. secOuO loA INTEREST,", uO
stock. 40 q AZ; Grecnville and Columbia Railroad.
guaranteed by South Carolina Tex interestl, 10 u;
Macon and Brunswick, guaranteed by Georgia tex
INTEREST,", 81 q 80; Memphis city sixcs SO a 65H;
Savannah city sevens tex interest), 8! SO; New
Orleans consol Old tex INTEREST," IA 70; do. Issued
to raj roads, eixes Tex intcrest, II u; do. new
sevens, IS a so.
FOREIGN EXCHANGE ADVANCED
The leading bankers have again advanced the
rates Tor foreign exchange and the market was
strong ana fairly active at the higher quotations. The
following were the new rates:-sterling sixty days,
commercial, lo9< 1o9a4; good to prime bankers.
| 1922 10; short sight, lloss llot; Paris, SIXTY
days, 5ls4 515; short sight, 5.l4s 5.l3lS; Ant
werp, 5.18X 5.l5; Switzerland 5.1sx Sis; Ham
| burg, 35A 361s; Amsterdam, 40H a an; Frank
fort, 4ox IL; Bremen, 1874 1915 Prussian thaers
| II AZ.
| MONEY EASY.
The money market was easy at three per cent on
governments and four per cent on stocks The adj
| vance in prices ami larger business at the Stock
| Exchange created an increased demand, which was
readily met at the higher figure above quoted. The
market does not of course, feel yet the full relax
| alton to he brought about by the heavy disburse-
| ment OF semlannual dividends and interest, Incl
| dent to the st OF July, but the money distributing
| viii come on the market within the ensuing few
| days. An evening paper draws so graphic ana
| faithful picture Of the busy scenes the street
to-day in connection with the disbursement OF these
| moneys that We copy 1t In full
| The Treasury once, the banks, trust companies,
anu other financial Institutions as well as banXels
| odces. presented lively appearance today and
there were long files OF individuals collecting tie
amount Ia be disburs u AZ This pol IA propa0iy
larger tnan ever before in the hist ~ OF the
| poils, owing to he creation OF great many Lew
securities, when epresJ mt rarOa and other IN
ternai improvements. The treasury Department
viii pay about s2y 900 coo ID gold fvr iteret
on the funded debt and also he haiiyea ~ est
In currency sos 0OU 900 bonds issued in oil he
Pacific ra,roais. In addition To this treasurer
Spinner Will renvest 81, 100 900 gold, the accumu-
on aa 's c y
| banks Will pay out i've pr cent GA the ave-
rage on about s7o,ooo,coo capital as a hall-yeariy
vision OF profits The saving banks Of THIS city
d.sburse 3M per cent on Their depO Its OF $2)0 j0
0oo Tne Brooklyn savings banks pay on s2s,ooo,oOO
deposits. The disbursements ON account Of some
OF t,e States will be quite heavy Ut tais point New
York ) ave takes the eld anu the Manhattan Com
pany commeuced today to dl,bursc ss45o.3
| currency and $sis.oi3 gold on the Interest and
pilucipal OF the State debt. The state OF indiana
wlll Ills urse about sl,ooO,0oO VIII cn nearly wipes
pays tie interest on ire Missouri Geo AND some Of
the NJ ssotri railroads. Tue south Carolina mt st
IL paid ere by Mir. IL. H. kiial ton, the financial
agent o. the Sac Agents Ia this CITY pay tie IN
terest the Ala ANA debt, and also that OF the city
state debts IS also paid 10 a. considerable
extent IN tnis city, Messrs., Morton. Bliss
| ~
ST. 237, ooo Inst mortgage londs OF The Union Pacific
| railroad, and Messrs. Fisk q Hatch pay the July
gold coupons IN $25,5l1,000 Cen,ial Pacific bonds,
2,Sos go We ten Pacific bonds and s9Ol,ooo Cali.
ioruia nnd oregon bonds. Messrs. Jay Cooke u Co.
pay tie July god coupons OF The Lake supsror and
mississippi abroad. The old railroads OF the coun-
Try whose bonds are on the Stock Exchange list DIS
burse heavily Tor IN eresC at tn pollt. Many OF the
southern railroads. have resumed payment OF inter-
est on their bonds, and The disbursements
Oh this account amount to large sum IA
me agg egaie, much Of wnicn Is paid here.
In addition 10 the abjve a very large anUunJ
OF money will be disbursd here OH account Of dive
dends OF Ia road, trust an. insurance companies
ana other financial Institutions. the hall-yearly
interest on the county bonds OF West I'll States IS
eettmg to b, an Important iiem in the Yves. rail-.
road building has become q mania ana Almost every
lmpor ant county has been bonded III AL o. rail-
roads, thus large amount Oh new securities have
been made, to say nothing Of The geai amount OF
first mortgage Lon Is OF new roads, In tire proceed.
| ing remarks the reader has survey OF The
total OF these disbursements IN ,hls city, 1t only
fair To e. innate thai Tn wni relcn iron s6O000.l0
| 10 S.0,0oJ,0t0. I'll vast amount OF money,
or al lea very large portion OF Il, VIII b. rein
vested here and the lDliuen:e IL IN reliyestent
VIII PROBABLY De reuec Ell la ni2ef range o. values
| in Wall street. Already tue government Dond
marker has RESPONDED 10 The demand IRON Investors,
and prices nave advanced, vita every prospect OF
further impro ement Waen the full force o. he re-
investment demand Is ielt. All good div.end pay
ing curtles are likely 10 receive an impetus on the
upward turn IRON the July disbursements, and
money Will probably become easi,r even tnan 1T Is
now. The great plethora o money bids air To start
q lively speculation IN Na street as soon as Con.
Rre5s Is out of the way ana the present railroad war
over
MISCELLANEOUS.
The following were the comparative earnings OF
the Cleveland and Piitsburg RAILROAD Company for
the second week IN June:--
$50. $10T732
!
Increase. OBSERVATION-DISCLOSURES. S3,3l5
Tie following shows the results Of to-day's ousi.
ness at the SubIreasury in this city,
Gold payments. 5251, $50