The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-06-24

u
l14t4 ll4A do. do, 1867, registered, January and
July, 1l2S 1927 do. do, 1885, coupon do, lloA
1l63s; do. do, coupon, do. do. ll74 1l73s; do.
do 1868 do. do, III nix; do. ten-fortes regis
tered, 11o1s lloss do. do coupon, 1ll's l11h;
do, fives, OF 1884, registered, 112s 113; do. do.
do, coupon, 1121 q ll3.
THE SOUTHERN LIST.
The following were the closing quotations for the
Southern State bonds:-Tennessee, ex coupon, TAX
! 1914; do, new, TAX 76h; Virginia. ex coupon,
As so; do registered stock, old, 3s a As; do. skies,
consolidated bonds, SIS a 55A; do. SKIES deferred
scrip, II Is; Georgia skies, "a 49, do. sevens. SO
90; North Carolina ex coupon, SO "a; do issued
to North Carolina Railroad, 81 As; do, funding
1865, 20 80; do. do, 1865 % "a; do, new, 81 %
do, special tax Is 10; Missouri skies, OF 97h;
DO, Hannibal and st. Joseph, % a 95; Louisiana
skies, so 80; do, new, so IS; do. levee skies, 90
65 do do. Fights, rs s0 do. do Fights, 1875, so
81; Alabama fives, 60 a IS; do. Fights, 81 90; South
Carolina skies, so 55; do new, January and July,
2SS %; do. do April and October, 20 %; Arkan-
sas skies, funded, SO a SO.
And the following were the latest prices for the
leading Southern railway and municipal bonds:-
Mobile and Ohio Railroad sterling 81 and 90 do.
interest Fights, IS 81; do second mortgage eights
rs so; Mississippi Central Railroad first mortgage
sevens, SO Sc; do second mortgage Fights, so 80
New Orleans and Jackson first mortgage, 90 %; ;
do. second mortgage 7s a So Memphis and Charles
ton Railroad first mortgage, So q 81; do. second
mortgage so a So Greenville and Columbia Rail-
road, guaranteed by South Carolina, 40 SO; Macon
and Brunswick Railroad, guaranteed by Georgia,
10 rs; Memphis city skies, ga a &c. Savannah city
sevens, IS ST; New Orleans consols, old, rs TO-
do issued railroads, skies, rs a 76 do. sevens, So
a67.
THE BANK STATEMENT.
The weekly statement OF the associated banks
proved quite unfavOrabe, and at q more active
time In the stock market might have induced con-
siderable nuctuaton in prices. The surplus reserve
has been impaired to the extent of pretty nearly
two million dollars owing to loss OF that amount
In legal tenders and specie. The loss in legal ten
ders is about million and half dollars rejecting
the beginning of the temporary outflow OF money
for the 'woo clip" which is marketed between this
time and the latter end OF July This year the wool
interest is of much more Importance than hereto
fore, account both OF the large increase in the
consumption of wool and OF the enhanced price OF
the commodity.
THE EFFLUX OF MONEY
to meet this demand is of course, insignificant as
compared with the necessities OF the wheat and
cotton crops, but for few weeks to come the
requisition upon New York will be quite large, but
hardly enough to occasion any apprehension as to
q arrangement OF the money market. 1t may
have the effect OF advancing the rate on call to 0
a per cent but that will doubtless be the maxi
mum effect. The loss in specie Is not so easily eX-
planned, but in so vast a movement as occurs
weekly in the metropolis discrepancy of a few
hundred thousand dollars is not of much import
ance, especially as the statement is only
AN AVERAGE FOR SIX DAYS
and not a specific total for one day. The banks
now hold the sum OF so, ,625 reserve over and
above the per cent limit required by loss for
variation has been In the item of loans which show
an increase OF over four Millions This result Is due,
doubtless, to the greater willingness OF the banks
to discount business paper, for which so active
an inquiry has been noted recently. The statement
compares with its predecessor as iolOws:-
June Is. June o. Changes.
Loans. s2ss 764 800 1922 500 500 Inc. 81 o42 500
Specie.... 2O299, 700 19,912,000 Dec. 1897, 700
Circulation 27,5l9,3oO 27,52s1oO mo-. $500
Deposits. 22s, 9e5,3O0 22s,93lO0o Dec. $4,000
Legal ten 55,424 500 53929, AGO Dec. /, 495, 100
AN ANALYSIS
Of the bank statement, in comparison with its pre-
decessor above, gives the following results:-
speo,e s ss u ssg ns q Dec tha s 700
Legal tenders. 5542i,5oo 56,y29400 Dec. A5lO
Total reserve s757242OO ss 4oo Dec 81 So 500
S 6,ls%lason 2 sS5S as s Dec Dec sS
Total liabilities $3.50 $4,000 s25645a1oo Dec sS5,50o
Is per cent 800. 64,l2s,65O 61,ll4,75 =
reserve ....... 1595,5O 9726,625 Dec... SOS g25
STOCKS ON SATURDAY.
The following table shows the highest and lowest