The New York herald., 1873-09-24

adoption Of rules for the settlement Of contracts
This may be found dincult but 1t Is important to
the harmony Of the Stock Exchange. Many OF the
brokers were to-day making settlements between
themselves and 1t is estimated that 100000 shares
have been cleared. The Governing Committee OF
the Stock Exchange meet again tomorrow morn
ing.
was in full operation to-day, but unattended by
any unusual features. The price opened at liz,
advanced to 1924 then fell or to l12h, and con-
tinued at 1l2H Il2z during the morning. Later
the price receded to ll1H 1l11s 11lss with clos
Ing rates at 1l21s 1l21l-the advance been due to
the failure above alluded to. The carrying rates
were 4, 8, l-64, and per cent and iat for bor
rowing. The days business at the Gold Exchange
Bank was as follows;-
Cod Cleared. ST. 625, 600
EEoLu palHnces ....................... 34oOOO
currency balances. ..................... $50, l3o
The following is the Clearing House statement:-
Goio eAehanses.. $Ssg, .3o
% Su.u oaiances.. ZS1Sa2
currency exchanges.... ~, 4O2693
currency balances. 42S3, 365
These clearings were readily effected, and the
small character Of the drafts upon the country
banks indicated q cessation Of apprehension and
decline in the run upon the city savings banks
.FORRIGN EXCHANGE
suffered heavy fall during the day, prime
1918 to 100, and good bankers as low as 1o5 Cable
transfers were done at LOG. The demand for ex-
change is very small.
THE UNITED STATES TREASURY.
The following were the balances In the Treasury
ut washington to-day at the close OF buslness:-
Currency, less the amount paid for bonds
purchased in New York and not re-
Special deposit OF legal tenders ior re-
dempti0n OF certitcates OF deposit...... 31750o0
Including coin certificates es........:... se,24i 500
outstanding legal tenders. .356, ,000 900
The internal revenue receipts were $l99,27l. The
Assistant Treasurer paid out $500 account OF
interest and $1,000 in redemption OF fve-twenty
bonds. The receipts from customs were $4O4,0 900.
THE PRICES OF STOCKS
Stocks varied to-day according to the hour and
customer. At the close, however, New York Gen.
tral was quoted at SO 90; Harlem, l02 1O4; Erie
81 So; Lake Shore, 771S q 10; Wabash, 43 o As;
Northwest AZ 4Sh As; Rock Island, .Ss o 90;
Ohio's % 80; Union Pacific, 191S a 20; @. G. and
l. c., 20 %; Western Union, SO o "a; Pacific Mail
Sass; st. Paul, al11 a S5; Ohio and Mississippi,
2S q 20.
THE FOREIGN MARKET
was quiet the news from America producing
quieter feeling in financial circles. The rate OF
discount in the open market for three months bills
is 1916 per cent, or 3-16 per cent below the Bank
OF England rates. The amount of bullion gone into
the Bank OF England on balance to-day
is f2I,O 900. Paris dispatches quote rentes
at 67t 2oc. Uhe following are the
closing London quotations :-Consols for money
929s 924; do for account, 92A; FIVE
twenty bonds OF 1865, DID, 95S 95M; do
of 1861, e54 95z<; ten-forty bonds, oosl 9oN;
new 1ves, s111 91H; Erie Railway shares
45ss 4521; new French loan, TX per cent premium
COTTON.
On 'Change to-day cotton was quiet and re-
duced &c per lb. for "spot" and 1-lec. a &c per
lb. for cultures" Flour was quiet, and lower TO
sell to any extent Wheat and corn were less
sought after, but remained about steady In value