The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-08-05

Total Observation-Disclosures. S6.l27,5l2
The correctness OF these figures having been
questioned In some quarters IS our reason for re-
publishing them. They are taken from the onlcial
statement Of the public debt OF the United States
issued from the Treasury Department and signed
by william A. Richardson, Acting Secretary OF the
Treasury. Par parenthese 1t may be said that no
announcement has been made OF the Secretary hay
ing been granted leave Of absence.
In connection with the figures given above 1t has
to be said that no account Is there taken OF
THE AMOUNT DUE FOR SALARIES
to the various people In the employ OF the united
States, including the army and navy, the larger
army OF civil ard uncivil servants, tho men en-
poycd on Notifications, and, in fact, the entire
oltente OF our present President. The sum due
these being taken into account 1t would doubtless
be found that the government OF the United States
10 pauperized to-day. This condition Of things ex.
plains the dIlculty we had In funding our five per
cent loan and the existence OF the Syndicate
FEATURES OF THE STOCK M,RgEr.
In tho stock market the principal interest is
centred In Erie. which. owing to the change in tho
administration, has peculiarly attracted the at
tention OF the street The sudden drop on tho
other side, which occurred In the middle OF tho
week, wSs quickly apprehended as being the result
OF an effort en- the part of the great En~lish bank
ing house which has engineered this entire move
ment to call In their loans upon tlo stock they
voted upOn. It Is also stated that they are not
satisfied with the manner In which the Atlantic and
Great Western interest has been treated by
THE NEW ERIE MANAGEMENT,
although the returns show that while the Erie Rail-
road receipts have fallen of during the last month
those OF the Atlantic and Great Western
have increased The difficulty Is mixed
one, and cannot DO clearly described
Of In I'M
Of tho Eric Railroad one passes under
sign reading "OGice OF the Atlantic and Great West
ern." DO this receipts go the same way is ques
ton the stockholders are likely to ask 1t Is said
the new management are not entirely agreed upon
this new departure of Erie, and that
THE GREAT ANGLo-AMERICAN RAILROAD nEroRMER
Is proportionately disguised OF finding himself
checked It is limited that this has had some effect
in causing the selling movement on the other side
which was reflected here during the week.
LAKE SHORE
The last instalment on Lake Shore and Michigan
Southern scrip was paid August and stock cer-
tdcates issued therefor, thus leaving the full paid
capital $40 Ooo 900. This scrip and that OF the New
York Central and Hudson River Railroad, which
was converted into full paid stock July 10, will
always have historical interest, as representing
two of the greatest stock "waterlng" operations
that have been accomplished in this country
The other stocks that showed any activity were
Pacific Mail, Union Pacific North West and G. G.
and l. G. Pacific Mail yesterday declined to 49, but
rallied again and closed frmer. An active move
ment in this stock Is looked for. The general list
otherwise was without particular interest.
THE BANK STATEMENT
for the past week shows loss in the specie aver
age Of $4,572s 800 and gain In the legal tenders Of
$12sesOO. The loans are down 1921, 800 and the de-
posits ,7e9 There has been loss in the total
reserve of SO, 900 and reduction in the total
liabilities of $3,547,5Oo. The banks now hold In
what they reckon as lawful money-to wit, gold,
legal tender, and three per cent certificates
$1l,761,3 300 above the legal requirement, against
$14,l47,4 25 last week. The following is compar-
son OF the bank averages for the past week:
JMv27. august 0. Differences.
$295 1885, 900 $685. 200 Inc. $291,3OO
Specie...... 28498,T00 23,925,000 Dec. 4,572, 800
Circulation. 27,a5O,OoO 27,3s7,29o Dec. 1880
LegI tend. 6a,7Sl,soO 55,o5I, 700 Inc. 1899, 500
The following shows the relation between the
total reserve and the total liabIlitics:-
July2 81. August3 9. Differences.
Specie s?s 4Ss 100 SIS s2s 900 Dec. a. 500
Legal tenders 900 b5,O51,7 700 Inc. 1,29esoo
Total reserve. $50 s7s,o77 Dec 900
Circulation. 27S5o,o0o 27,ss7, 100 Dec. 1850
Deposits. 245,S62 100 24l52S,O0O Dec 1854, 700
Tot. liabilities 272 200 2es, 200 Dec. ss547
serve....... es,1o3,175 e7,21esoo Dec. ss4,s75
Excess over
legal reser. 14147.4a5 11,761.aoO Dec. a,as6,125
MISCELLANEOUS