The New York herald., 1870-09-08
TuE CITY BANK SHARES.


The following were tne bids to-day for city
bank shares:-New York, 1885, Manhattan, las;
Mechanics, 1873; Union, 1874; America, 145; City,
2IO; Phenix, 100; Tradesmens. ISL; Mechanics and
Traaers' 13o; National, lls; Seventh Ward, ITO;
State Of New York, liz; Broadway, $50; Mercan-
tile, les; American Exchange, 1l5; Chatham, 165;
Irving, 1870; Citizens, 13O; Peoples 14o; East
River ia; Market 12O Nassau, 1OS; Corn Exchange,
100; Continental. 90; Importers and Traders, 1855;
Park LOO; Central National, 1861; Fourth National,
los; Ninth National. 100; Tenth National, l26X;
Oriental. 165; Bankers and Brokers' Association,
10OH.
SOUTHERN SECURITIES MORE ACTIVE.
There was more doing III the Southern state
bonds. The Tennessees were fairly active aud strong.
but without important change In price. The North
CarOnas were lower. The general list was steady.
Tho New Orleans papers report extensive forgeries
of the coupons OF the Louisiana bonds, some OF
which were so well executed that they were
cashcd in the State Treasury. The follow
ing were the final street quOtatiOns:-Ten-
nessee, ex coupon, 90 e2k; do, new, 601a so14;
Virginia, ex coupon, SIX 6S; do, new, SS 70; do.
registered stock, old, SIS o SO; Georgia SKIES. So
S5; do. sevons, ok a 90; do sevens. OLD, 90 aS2;
North Carolina ex coupon, 81 q 81; do. funding,
1886, 3S 40; do. do 1885, 81 85; do. new, 251s u
20; do, special tax, 23S "a Missouri SKIES. 90
901; do, hannibal and st. Joseph, go 0l; Louist
ana skies, 72 a 70; do new. GO a 6S; do. evoe sxes.
741S 75 do do. eights, S74l S9 do. penitentiary
sevens, rs 7s; do. railroad eIghts, SO s5:
Alabama lves, 70 72; do eIshts 1Oo,a lol; DO rail-
road eights, "a a 99 South Carolina SKIES, 80 s5;
do, new, January ana July. 90 q 10; do. do,
April and October. II 73; do, registered stock,
Old, 10 73: Arkansas sevens, 70 rs.
FINANCES OF FLORIDA.
correspondent In Florida sends US the following
brief resumg of financial matters In that state:-
At the close of the war the State OF Florida had
aoat about $1,000, 900 railroad bonds, OF which she
had guaranteed the interest," NcaIlY all these have
been called In ana cancelled and the Legislature
has authorized an issue Of bonds to be secured ny
1rst-mOrtgage bonds OF the railroad to the amount
OF $4,000 per mile for each mile OF constructed
road from Jacksonville to Pensacola, 374 miles, and
from Ca,nsvilie to Tampa Bay. $50 miles. TWO hum
dred and Lweutythree miles OF the road from jack
sonville west. Is III running order and $4,000 600 In
State bonds has been exchanged. As the road Is
extended the company s emitted, for each section
OF twenty miles completed, to receive State bonds
to the amount of $4,000 per milc In exchange for
fits FIRST mortgage bonds. The time for completion
OF the road Is limited TO five years, and the entire
amount OF bonds authorized would be about
and sell the roads failure Of the companies
any one year to pay the interest on tue bonds.
The bonded debt OF the state itscli, as appears
from Official data, is as fOllOws:-
Seven per cent bonds, issued In 1884, to
defray expenses in Sen:nole war;. 500 coo
Eight per cent bonds, issued by Constitl-
tlOnal convention. on........................ go 200
Six per cent bonds payable IN thirty years,
issued under new constitution 1SG3..... 100000
Six per cent bonds, payable In twenty
years, issued under new constitution,
1860. 200, 900
Total $50, 900
The bonds, issued under the new constitution,
were for the purpose OF unding noatng Obligations
and past due interest incurred by the Old govern
ment. The constitution requires the Legislature
annually TO levy sufficient tax to meet the interest
upon the public debt and defray the current cX-
penses OF the government Cne half of one per cent
upon the assessed valuation or the property Is
deemed sufficient for that purpose, and Is much
lighter tex Than In many other States.
or the seven per cent bonds $l32 900 Is In the In
dian Trust Fund ut Washington and the state
claims indemnity from the federal government for
the entire amount OF these bonds issued for ex-
penses in the Seminole war. Over $4,000 people
have been added to the population OF the State since
near 100000, against 100000 In 1860. The city Of
Jacksonville alone numbers IL 400 inhabitants, hav
ing quadruped since the war. Under the new gov
ernment the state has entered upon fresh career
OF prosperity, and 1t Is expected that 400 miles OF
railroad will be added within the next two years.
their construction and also Tor the improvement OF
the navigation OF Her internal waters.
COMPARISON OF THE ExroHTs.
The following will show the exports exclusive OF
spece) from New York TO foreign ports for the week
ending September aud snce the beginning OF the
year,
1888. 1869. 1870.
For the week. $3074,6i2 $4,sD3 1913 $3,Ol2,4S7
Prev. rep0r q. 11l45S 100 602. 793 1880 883
Since Jan. 742 $3.50 996,570 Sl22, 4To
THE suB-TREAsURY REPORT.
Uv..