The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-07-02
FINANCIAL and COMMERCIAL.
TIE PUBLIC DEBT STATEMENT.
The Monthly and An
nual Decrease.
July Disbursements and Their
Results.
ONLY $6,5C0,00O In TEE TREASURY.
An ACTIVE STOCK MARKET.
Excitement Among the BOndholders
of Union Pacific.
GOLD QUIET---MONEY EASY.
Railroad and Southern Seouri-
ties Dull.
An ACTIVE STOCK MARKET.
Excitement Among the BOndholders
of Union Pacific.
GOLD QUIET---MoNEY EASY
Railroad and Southern Seouri
ties Dull.
WALL STREET,


TUESDAY. July Id p. NJ.
On 'Change to-day cotton was quiet and steady
for "spot." but easy for culture" Flour was dun
and unchanged Wheat was quiet and heavy,
while corn was active for export at full prices.
EXPECTS.
The exports of produce for the week ending
to-day amounted to $5,66S, 6S1, mixed value.
THE NEW FISCAL YEAR
We enter to-day upon new fiscal year, and
under circumstances which, measured by the re-
suits of tue recent past, give hopeful pledges of
the future. The disbursement commenced to-day
In coin and currency by the government and pub
lie and private corporations constitutes species
Of eloquence which will touch the pocket nerve OF
the American people far and wide, for they tell
OF promises fulfilled; OF growth, enterprise and
success; OF splendid mass OF capital everywhere
at work in the production of wealth. Granted
that immense sums have been borrowed by scores
OF corporations to enable the payment Of this July
interest; granted that earnings have not, in many
instances been equal to the outlay; nevertheless,
the thought will come home to every man that
here Is backbone-here is an ability that has
already achieved wonders and a pur-
pose that Is working out the CONNER
cial and financial welfare Of the nation.
As has already been stated in this column, the
amount to be paid in New York alone Is nearly
equal to the public debt OF the whole country but q
few years anterior TO the war; The government
will disburse about $27, 900 00o OF which ALL except
say two millions, will be in gold. 70 this amount is
to be added $loO, O0o 900, more less, represent
ing the interest due by States railroads and hdu-
ciary institutions. 1t may well be imagined that
with such attractions to bondhoiders Wall street
to-day presented busy scene.
THE UNITED STATES TREASURY.
Dispatches from Washington report that the re-
$2145, 159 SO. Coin balance, $s7507, 4O2 6s; cur
rency balance, SATISFIED II; coin certificates,
$50 400 900 special deposits for the redemption OF
legal tenders, $S1, 7soooo legal tenders outstand
ing, 356,oOo,OoO
The Assistant Treasurer at New York to-day paid
out 81, 600 on account Of coin interest and
So, 900 In redemption OF the called bonds OF 1862
The sum OF Sos COO in currency was also paid out on
account OF interest," The receipts from customs TO-
day we're $3.50
THE PUBLIC DEBT STATEMENT.
The following Is q reorganization Of the public
debt statement at this date
DEBT BEARING INTEREST IN COIN.
Bonds at per cent. 2sl 23s $50
Bonds at per cent. Ala, 1900
Principal 81 ss5, sos, $50
Interest 4,554,6o7
DEBT BEARING INTEREST IN LAWFUL HONEY
Certificates Of Indebtedness at per
Navy Pension fund at per cent. l4.000,000
Principal $14,67s, 900
Interest Observation-Disclosures. 2l9,040
DEBT ON WHICH INTEREST HAS cEAsED SINCE Ma
TURrTY.
Principal. $5192s, TO
Interest. ACKNOWLEDGEMENTS. 56S,470
DEBT BEARING NO INTEREST.
Old demand and legal tender notes. $356,0T9,9 67
Certificates OF deposit .......-....... 31,73O,000
Fractional currency. 44.799,365
Coin, certificates Observation-Disclosures. 89,46o,000
Principal. $472, Oes. sa2
Unclaimed interest. Observation-Disclosures. 1A.534
TOTAL DEBr.
Principal. g. 234 4s2 993
interest,". 42,356,652
Total. ....-.......... 276 s39, 64o
Coin on hand $751; ,402
Currency. 9,7S3,52s
Held Tor redemption. 31,730,0O0
Total. $129, 020, 0s2
DEBT, LESS CASH IN THE TREASURY.
July J. lS13. 81 147, s1S, 713
June 1873. 2,l49 963,S73
Decrease of debt in June, 1873. ...... 2l45,l59
Decrease OF debt since March l, 1s73.... a56l 9S6
Decrease OF debt from March /, 1862
20 MARCH l. 1878. 363,OS2, $50
The public debt statement shows reduction
in Juno OF $2,145,l59 &c. Coin balance.