The New York herald., 1872-08-19
THE COURSE OF THE GOLD MARKET
The extreme fluctuations daily In the price OF
gold during the week were as f0llows.-
SOUTHERN SECURITIES.


The weeks business In the Southern state bonds
was limited and the tone OF the market steady,
with, toward the Close frmer feeling In the Ten
nessees The following were the closing quotations
for the Southern list inclusive OF the leading South
ern railway and municipal bonds :-Tennessee ex
coupon, IA TAX; do. new, IA 74x; Virginia, ex
coupon, 45 90; do, registered stock, old, 3S Az
do, skies, consolidated bonds, 5o'l 61; do, do,
deferred scrip, Is IT; Georgia skies, Is Is; do
sevens, ss 90; North Carolina, ex coupon, 3sh q
"a; do, to North Carolina Railroad, 40 Al; do,
funding, 1869. 25 20; do, do, 1868, "a 2S;
do, new, 81 q %; do. special tax, IA q l6;
Missouri skies, 9ak o.; do, Hannibal and
St. Joseph. 91 %; Louisiana skies,
80 IS; do, new, 4S 65; do levee skies, 60 65;
do. do eights TO rs; do. do eights 1876, 70 80;
Alabama fves, 80 q 90; do. eights, SO so; South
Carolina skies, 54 SO; do, new January and July,
2SK %; do, do, April and October, 20 q 81; Ar
kansas sixes, funded. as a SO; Mobile and Ohio
Railroad sterling, OIL 93; do. interest eights So
81; do. second mortgage eights, rs SO; Mississippi
Central Railroad first mortgage sevens, 80 90; do
second mortgage eights, 81 a 81; New Orleans and
Jackson first mortgage, Of q %; do. second mort
gage, "a a 81; Memphis and Charleston Railroad
first mortgage, 80 q 91; do. second mortgage, 80 q
"a; Greenville and Columbia Railroad, guaranteed
by South Carolina, As a SO; Macon and Brunswick
Railroad, guaranteed by Georgia, OF IL; Memphis
city skies, So SO; Savannah city sevens, SO 86j
New Orleans consols old, 65 70: do. issued rail-
roads skies, o5 7oi DO. sevens. e6 a 81.
THE BANK STATEMENT.
The weekly statement Of the associated banks ig
favorable In so far as 1t shows much stronger
position OF the banks In their reserve, which bears
Q larger proportion to liabilities than 1t did last
week, the surplus above the legal limit having in
creased about $e50OOO. The least satisfactory fea-
ture is loss of two millions in legal tenders which
is Offset 80 far as reserve is concerned by more
than equal gain in specie but points to an outward
movement OF mOney-dOubtless as beginning OF
the usual eux Of currency at this season and later
on In the FALL The loss In deposits is just the
amount Of the loss in greenbacks The decrease In
loans is nominally three and half millions, three
millions Of which is correction Of an error in last
weeks statement The gain in specie is the most
tnexplicable result and has been taken to mean
that
THE GOLD CLIQUE
sold good deal of their holdings when the market
dropped to 114% early in the week. The statement
compares with its predecessor as follows:-
ICON. .1s9 Asgss sss 10 To- sssS 1%g,ss; sss aao ~
circulation. 2s,sisoos 2S,seo's0o
Deposits. %! ,6GS, 2Oo 2S5, 757 EGG
Legal tenders. b4,67O,0OO 02,o3S,4OO
The changes since last week being as f0Ows:-
Increase in specie 22OO30o
Decrease in circulation. ................... 22,4O0
Decrease In deposits. ............. 100000
Decrease IN legal tenders. 2,037, 200
AN ANALYSIS
OF the statement and comparison with that Of the
previous week give the following results:-
August TO-. august H. Changes.
Specie. Sls 600 $50 390 800 Inc. zoe, 800
Legal tenders g. GOO $685. 400 Dec. 2O37, 200
Total reserve. $I2 769 600 S72 700 nc $163y100
Circulation. 27,3l3000 27,29O,6O0 Dec. 24,2O0
Deposits. 237 66S, 200 235, ,757 600 Dec 100000
Tot. liabilities 2e4 200 200 Dec. 900
26 per centre
serve....... eo,245,SoO o5Te2,O5O Dec. 4s3, $50
Excess over
legal reser. 6,524 800 7,l70,650 Inc. 646,350
STOCKS ON SATURDAY.
The following table shows the highest and lowest