The Portland daily press., 1873-09-26
Boston stoch List.
New Yora stock and rloney mar,.e,.

New YuRK. Sept 2s--Ecensno-A general quiet
feeling WAS apparent in the street at the close and
though matters have not very greatly improved dur
ing the day. there is disposition NANTES ed to view
the position as it really is L cannot be denied that
the situation is full OF peril arising from the cnd-
tlon of Wall street affairs proper the grave position
of Foreign Exchange and its bearings upon the pro-
duce movement 1t is clearly necessary that some
immediate steps should be aiken for relief in Money
There are no reliable quotations though some tran
sactions are reported at per cent per day. There
was fir activity in Gold AMI the price fuctuated
frequently between liz a 1i1s, closing at 1l1a fhe
rates pal for carrying to-day were 3, 5, 667 per
cent, and fat for borrowing. The snb-Treasurer
$4,000 of called bonds. The customs receipts to- day
were S245000. The days business at the Gold Ex-
change Bank: Gold cleared $2S, 273 600; Coll bal
ances $877 266; currency balances 142620 Furth-
er am lunts of Gold reported to be on the wav
from London here. Loan certifcat were issued by
the Clearing to-day to the extent of $4,000 OO6
making total of Sj7 100000. Greenbacks are still
worth premium and sales were made to-day all the
way from to 81 cent. for certificate checks For
egn Exchange closed weak and still lower. the nomi
nal rates beng basis of 1868 a 1863 for 60 day
bills and 1919 q 1913 for sight. The Clearing House
committee issus t'-day 900 600 in certificates
ment: Cure cy exchanges Sc, 292, 1856; currency
balances S5I27 2O. The internal revenue receipts
day were $3.50, 1853.
In Stock circles there is much better feeling and
clearances considerable xient have relieved the
brokers. The fact that the brokers beginning to
make these settlements quietly among themselves is
of the most cheering indications of early re-
viz of trade. Orders from the interior to purchase
Stocks at the present low price are increasing Re-
sponsible firms have traded among themselves to-day
to quite extent. meeting of the governing COM
mittee of the Stock Exchange was held at p 10. at
the call of H. G. Chapman, President. 1t re-
solved to appoint committee of from the body
of the Exchange effect clearances of stock small
amount of stock business done on the street
than yesterday, and less interest taken in
the dealings, as the parties doing business outside
of the Stock Exchange circle. Not much dependence
be placed on the quotations given. At the close
the flowing quotations were ma e and the market
was firm: In late business Central 80 bid, 90
asked; Erie st asked; Western Union So bid, Sc
asked; Pacific Mail 294 BID 80 asked. These clear
ing prices were better than they had been early in
the afternoon. based upon the rumor that the gov.
erning committee of the Stock Exchange had cal ed
upon the brokers to SEND in their statements.
The day closed without any further failures nor
any fresh outbreak of excitement. The banks to-day
in the Clearing House association pooled their legal
tender notes provided by yesterdays resolutions.
One two which proved exceptionally strong refus-
ed at first to put their legal tenders in but finally
concluded to rather than be expelled from the ass1-
citation. The dead lock in Foreign Exchanges is now
its greatest point of danger involves not only
our foreign trade but every department of domestic
trade, from the shipper of produce frm this port
the grower of grain at the West the Cotton at the
South. Should this continue few days longer it
might produce serious troubles The signs of en-
enlargement as lie from this are that the banks ar
gaining in deposits and that their machinery for 60
ing through the crisi- is working satisfactorily.