The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-04-16

l4,Is
Legal tenders. 5o,9i5.e9I 81, 554 l43
The exact changes are, therefore, as Goows:-
Decrease in loans. 81, 521 204
increase IN specie. ..................... 20o,o,
decrease IN circulation. Observation-Disclosures. 1214
ueclcase IN deposits. .........."........ lO6Isl9
lnc case In legal tenders. ............. 1,5s3,lB
An analysis OF ths above shows that the BANKS
have made gain OF Sl,7sS,9l4 In legal reserve
against decrease OF $1,000 500 In their liabilities,
enabling them to add $2,06l,584 to their surplus
above the amount required by law, which now
stands az iG,677,l0 100. They now hold over - per
cent OF legal reserve.
MONEY FOUR TO SEVEN PER CENT.
Money among the government dealers was quoted
five per cent. with exceptions al four and i've per
cent, and among the stock houses az six 10 seven
per cent, with considerable doing al the higher
figure. Discounts We're quoted a 7 per cent
as the extremes for TIE various grades OF prime
paper.
Foreign exchange was dull after the steamers, but
firm and unchanged.
GOLD srRoNG--llo1 1lo7s.
The gold market was strong at the recent advance,
although there was partial reaction at one time
The discover that the specie shipment was only
Sl,4s9,sOo instead OF the larger amount originally
reported a. engaged for export There was
little disposition to take part with the
"Dulls" who ran the market up FRI
day, and the "bears' who covered lacked
The courage TO their contracts In this state
Of affairs the market relapscd into duness and be-
came steady but continued strong. The cosing out
Of so mGca OF the short interest is reflected In the
carrying rates. which ranged as ben as per cent,
with more doing at 'iat.r The course OF the
marke0 IS shown in the Table--
10 A. 10Y r. M............ 1I0ss
j 4 M......iiS9 r NJ :.lio;. iioI
IL M.-...-........ .liu&
N lon mar n rhn rata nj fvnp
10 cent for carrying. The operations Of
the Gold Exchange Bank were as foows:-
1on cleared. s4s $4,000
1ou -. L4a5,ZSs
tuIeuc9 paiaHCeS... 2,lIJ,.Io
GOVERNMENTS FIRM.
The government list strong in the anticipa-
ton OF good bank statement and In response to
the higher price OF gold, which counteracted the
effect of q fractional decline in the London
quotation. The following were the final
street prices:--Unlted States currency SKIES,
ll51a ll55s 40. SKIES. 1851, registered, ll6si
III: do Co., coupon, u67s q III; do. Eve
twenties, registered Nay ana November. 1927
10; DO do. 1857, coupon, no.. fl34 n 1857; do.
o.. 1854, 20. do, ll3& il3s. do DO, 1856, do.
d. IL 3ii li37S; do do. registered, January and
Jus, lI2s 12i4: ito. do, 1866 coupon, do, 1872
lI2ii do 40, lo67 do. do, ll2is 1l2l4; do do,
1865, do. DO, 1923. lax; do ten-lortes. regis
tered 1885 a IuS5s; do. do coupon. 100 1905.
STOCKS AGAIN ACTIVE AND STRONG.
AT the Stock Exchange there was continued ex-
element and activity. ana q further advance IN
prices the chief feature OF interest being Lake
Shore WHICH upon rumors that the directors would
meet tonight lSaturdayl to declare the long ex-
peeted scrip dividend ran up TO 1861 but sIbse.
quently declined to l0jI on heavy sales,
which in many quarters were attributed TO rea-
zation on the part OF the clique who. If the
report be true are evidently preparing TO milk
street, on the old plan which was employed in the
case OF New York Central. The removal Of the
political deadlock In the state Legislature started
fresh movement in Central stock and scrip on the
hypothesis that the Legislature s. therefore,
Adjournment, and the prices made Tor these secnri.
ties the highest reached this season. The
general market showed signs OF realization and
closed "tiredn and duh after the active of the
week The following were the highest and lowest
prices to-day Tor t1e principal stocks:--