The New York herald., 1872-07-08

boj DO, registered stock old, 81 AZ; do. skies,
consolidated bonds. 81 So; do sxes deferred
scrip, 10 III Georgia skies, u rs, do. sevens, SO
50; North Carolina, OK coupon, 83x "a;
do. to North Carolina Railroad, 40 as;
do. funding, 1865, 20 q 2s; do. do, 1868,
% rs; do. new, % q 2j DO special tax, Is 49,.
Missouri skies, e4H q 96; dO Hannibal and st.
Joseph. 91 91A; Louisiana sixes so SO; do, new,
90 ss; do. levee skies. IS 90; do do. eghts, rs
80; do do eights 1875, so q IS; Alabama nves, 60
o., do eiehts s5 81; South Carolina skies, 81 IS;
and October. s5H 20; Arkansas skies, funded, So
81
MISCELLANEOUS
The following were the latest prices for the lead
ing Southern railway and municipal bonds Mo-
bile and Ohio Railroad sterling, 90 a 90; do. interest
eights, IS ST; do second mortgage eights, rs 80;
Mississippi Central Railroad first mortgage sevens,
"a So; do. do. second mortgage eights so 50;
New Orleans and Jackson first mortgage, 81 80;
do do. second do rs 80; Memphis and Charleston
Railroad first mortgage, SO a 90; do do. second do
10 IS; Greenville and Columbia Railroad, guaran-
teed by South Carolina as a so; Macon and Bruins.
wick. guaranteed by Georgia, 65 20; Memphis city
skies, 81 81; Savannah city sevens, "a 81. New
Orleans cOnsols, old, 10 75 do. issued to railroad,
skies, 70 "a; do. sevens 90 a 90.
THE UNION PACIFIC RAILROAD.
The sales OF the Land Department of the Union
Pacific Railroad Company for the month Of June,
1872 were 200 acres, amounting to s1O3610, at
average Of 81 80 per aore. The total sales from
July g. 1862 to the present date are 571 100 acres
amounting to g. 4lo, at an average Of 81 20 per
acre.
NEW BANK.
The recent large increase In the business activity
OF the quadrangle between broadway and the
North River and between Fulton and Chambers
streets, has made a demand for increased banking
facilities and led to the establishment of u new
bank which has been located at the corner OF Park
place and College place, and is designated as the
Produce Bank. 1t commences operations to-
morrow Monday morning, with paid up capital
OF 5000 900 (Which may be increased to $1,OoO,OoO,
and under the presidency Of gentleman who has
been engaged in the banking business almost
since 1850.
THE BANK STATEMENT.
The statement Of the banks Is highly favorable
and shows that those institutions are in an I'M
usually strong condition, the surplus reserve
being close upon fourteen millions-an accu-
mutation OF funds likely to amply fortify
them against the demands upon the money
market in the fall season. The gain in deposits
is over nine millions, although the actual gain
in reserve is only about three and half mil
lions. The increase in specie is nearly six Millions
rejecting the outflow Of coin from the Treasury in
payment Of the July interest on the public debt. A
decrease of nearly two and a half millions in legal
tenders is the result of the retention Of greenbacks
by the numerous savings banks throughout the city
in order to meet possible demand from depostors.
An increase Of nearly
EIGHT MILLIONS IN LOANS
while explaining the increase in deposits, is not so
readily explained in view of the current dulness
in trade and at the Stock and Gold Exchanges
The statement compares with Its predecessor as
fOllOws:-
.yu71e 90. Jllu g.