The New York herald., 1873-11-22
The Wall Street Markets and
Their Fluctuations To-Day.
GOLD STRON @ II R.
War and Rumors of War-No More In
fation of Currency.
ETOCKS WEAK ENIN G..
WALL STREET.

: Money to-day hardened to lilo per cent on call
Aoans after loanlng at per cent, and the market
cl0sed with this rate as the rule, save IN excep-
wional instances. In some quarters IL Is beheVed
That this result IS due to the speculation OF one or
two persons, from whose reckessness something
worse Is anticipated The fact Is commented upon
that the banks are doing very little for the Drok-
ers and that the difficulty OF obraining certiica-
fions is being increased 1t reported that these
institutions have gained since yesterday $o75,0O0
of legal tenders and now hold $50, ,635,o00. From
what source does this increase comes The
express companies state that they not bringing
large amounts oil money from the interior. and
there to be no better explain alton than that
the savings banks, which sold some twelve millions
OF bonds, are now gradually making special depos-
It's OF the proceeds. These special deposits, how
ever, cannot be regarded as a part OF the active
capital OF the banks, does IL seem that the gain
is being used for the purpose OF diminishing the
liabilities existing In the shape Of some $22 0O0
Can we not have 'clean bill of fare'' from these
institutions and thus obtain substantial encourage
ment' Their history during the past sixty or
ninety days would be not only interesting, but
convey facts to which stockholders and deposltors
are entitled. We have had one magnificent balloon
go up in tine shape OF Jay Cooke Co.. and the less
we have or such conservative banking" the bet
ter it will be Tor the public.
Foreign exchange was lower at the close, when
sales were made at 1064 1861 Tor prime bankers
go days sterling 1881 Tor demand and 1861 1861
for commercial. 1t is reported that the Union
Trust Company win resume December l.
GOVERNMENT BONDS
were strong and higher the Closing quotations
being the highest made. The demand to-day was
more active than for some time past. We annex
the latest quotations:-Ented States skies, 1881,
registered, 1l3yS i14s; do. do do. coupon. l14x
115; do. fve.twenties, 1862, coupon, l0Sal 109;
do, 1864, do, 1o9H no. do, 1865 do, ITO 10H;
do. do, do new, l1394 ia; do. 1867, coupon,
1141 1l4h; do, 1863 do, ia 114h; do ten
forties, registered 1881 1857 do, coupon, 10S
109 do. fves, 1881, coupon, 1o9 l09H six per cent
bonds Pacific Railroad, 100A 11c.
IMPORTS.
Dry goods imports for the week. 81, ,223, 422 and
the amount marketed ss67,s76. The following is
recapltulation OF the dry goods imports:-Entered
for consumption, s5o2, 1885, Withdrawals, s465, 5,22o;
warehoused, $720,668.
THE UNITED STATES TREASURY.
The Treasury balances at close or business to-
day IN Washington were:-Currency, $3,250,000;
coin, $s225O.0Oo; certificates. $29, 100000; out
standing legal tenders, $3e5 0OO increase Of
81, 1000 since yesterday.
The customs receipts to day were s263, 900.
The Assistant Treasurer to-day paid out $50, 900
on account OF interest, and $144, 600 II redemption
of 500 bonds.
The amount OF bullion which went into the
Eank ofEngand on ba aances to-day was $4,000.
The following are the latest London quota ations:-
Consos for money, 921 027s; consols for ac-
count, 93; fve-twenty bonds, 1865, old, 92Z; do,
1867, 964 ten forty bonds, 91 new 1ves, 01L 91L
Erie Railway shares. 36'4 367s. Consols and
American securities were dull. Rentes at Paris,
EsL 25c. New York Central is quoted at TAX a rs.
1t is said to be the general opinion on the Stock
Exchange that the Bank OF England rate OF dis
count will be lowered on or before Thursday next.
The above information is OF course purely specula-
tive IN both its origin and purpose.
The following are the late quotations in Amster-
dam :-Central Pacific first mortgage bonds, sOH;
Union Pacific first mortgage bonds, 67A; Union
Pacific shares, lsH; Northwestern preferred, 565S;
milwaukee and st. Paul preferred, 4sa; Erie
shares, 39h American securities irregular.
SOUTHERN SECURITIES
were dull and firm. The latest bids were: Mis-
souri, skies, S6A; do. do Hannibal and st. Joseph
issue, s3h; do. do, Asylum or University, s3h;
Tennessee sixes old, 71ss do. do, new, ~; vir-
gina skies, old, "a; do do, new, 40; do do con-
soils, 50a /; do. do, deferred o; Georgia sXes 61
do sevens, new, 80; North Carolina skies, old, %;
do, North Carolina Railroad Company, coupon so;
do. do, cx coupon, 25 South Carolina SKIES, %;
do. do. January and July, sA; do, Funding act,
1886, ILL.,
BANK SHARES
sold at 10l for American Exchange, 81 for Phoenix
and 92s 92 for Fourth National The latest bids
were as follows New York, 10; Manhattan 140;
Merchants, los; Union, 125 America, 1876 Phoenix,
81 J; Greenwich 2O71s; Galatn National, 100; State
pf New York. 105; Commerce, 10; American Ex-
change, 1Ol; Bank Of the Republic, s5; Corn Ex-
change 10; Central National, IS; Fourth National,
90; Ninth National so; German-American, sc.
THE GOLD MARKET,
Ghougn irregular, was strong and sympathetic
with the various exciting reports relative to the
difficulty with Spain and tho probability oil war.
Rumors followed each other in quick succession,
and the instinct OF the Board showed itself alto
gcther in favor OF higher prices. 1t is not unlikely,
however, that in the event oil actual war fresh
loan VIII be negotiated abroad IN preference
to the issue OF larger amount or legal tenders at
home. Ike natural impetus given to trade by the
necessity OF warlike preparations viii do much to
draw forth from its hiding place the hoard OF
greenbacks from which the country is now suffer-
ing, and thus materially relieve the financial stu
alton; while, on the other hand the country is
sufficiently rich in produEs to warrant, If 1t be
necessary an addition to the debt bearing gold
interest. The chief aim Of the governments Is to
prevent further imitation OF paper currency. The
following have been the principal quotations in