The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-07-06
FINANCIAL and COMMERCIAL.
a Holiday in Financial
Circles.
THE BANK STATEMENT.
"a Large Gain in the
Reserve.
Nearly $l7,OO0,OOO in Excess of the
Amount Required by Law.
"A Large Decrease Of Coin in the United
States Treasury.
sSP Gle EXPORTS
The Commerce of the
Week.
The Financial Condition
of Florida.
Nearly $l7,0o000O in Excess Of the
Amount Required by Law.
IS PECIE EXPORTS.
The Commerce of the
Week.
The Financial Condition
of Florida.
WALL STREET.


SATURDAY, July 8, 1873.
In consequence OF the adjournment OF the Stock
Exchange and Gold Board from Thursday until
Monday, Wall street to-day presented q sombre,
'woe-begone aspect that contrasted strongly with
the usual hustle OF the place. Comparatively few
business men to be found in their ofnces, and
clerk and employer alike took advantage Of the
welcome holiday that brought with 1t rest to weary
nerves and brain. AS the result Of this quiet con-
diti0n OF affairs no advices were received from
london correspondents as to the state OF consos
and American securities abroad. The chief and
only financial feature OF the day has been the
usual Saturday
BANK STATEMENT.
This continues to show, as it has done for several
weeks, a most satisfactory degree Of strength on
the part Of our banking institutions. inasmuch as
1t exhibits an increase OF specie to the amount Of
nearly 1880 900, thus considerably enlarging the
reserve heretofore reported. OF loans the increase
was $5.ss9,O0o and OF deposits s., 1926, 60O while
legal tenders decreased 1851 200, and circulation
fell on about $35,0OO. The total liabilities OF the
Banks are $685. co., calling for legal reserve OF
400, while the actual reserve is $751; TO- 400
$40 900 In OF the Is per cent required
BY law, This is q gain over the statement Of last
week Of g. So5, $50. The gain has been chiefly In
specie and Is the natural result OF the large Treas
3ury disbursements account of the July interest
tThe following is the statement as compared with
that OF last week.
June %. JMy5. Changes.
loans. 1000 $3.50 800 Inc. $685. 200
Specie 27,661,500 33,55l4O0 Inc. 6,8s9,900
Circulation. 27311, 400 27.27d 200 Dec IS, 200
Illegal tenders 49,l1900o 4S,l6s.oO0 Dec e5l,O0O
THE UNIrKD STATES TREASURY.
The following Is the currency statement for the
Spast week.
fractional currency received from the
printer ..................... $6o3 200
shipments. ACKNOWLEDGEMENTS. 34S,SO0
Notes shipped. ..........................- 1885, 400
Amount held by the Treasurer as secu-
rty for circulation OF national banks. 500 41a $50
And Tor public deposits 1850, 900
National bank notes outstanding 346, 094 237
! The internal revenue receipts to-day were
1885,, s0s; for the month, 81, SO, 266
The Assistant Treasurer paid out to-day $573, 900
ON account OF coin interest and 1900 in redemp-
zion of flve-twenty bonds.
Advices from Washington show decrease Of
mine and one-third millions OF dollars in the coin
IN the United States Treasury during the last week.
THE EXPORTS OF SPECIE
for the week ending July were s4o1, 515 which,
embraced with the amount reported since the LIST
OF January, 1873, makes sum total OF $27 1919 651.
The following table viii show the specie exports for
the same period in preceding years.
Same time 1872. 500, 224, sos
Same time 1871. AZ, AL 0S7
Same time 1870. Is 476
02me tlulc 1905 1o,oSo,ooo
Same time 1858. s. 2oS, TIC
Same time 1857 .......................3 O625, $50
Same time 1866 ACKNOWLEDGEMENT. 1882, 77S
Same time 1855 1884,, 921
The steamer sailing hence for Europe to-day took
Arnn