The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-06
CONVENIENT BONDS.

".
Nothing more strongly indicates home and foreign
faith in the government securities OF the United
States than the firm price which they have main
tanned through all the fluctuations Of the market
for several weeks past. The demand for these
bonds now largely exceeds the supply. II foreign
banker desires to purchase o large amount for the
purpose OF filling an order from Germany, England
or Scotland where these securities are being
largely sought as permanent investments he IL
obliged using Q street phrase, to ''scrape the
MARKET" not only Of New York. but OF Boston and
other commercial centres, and he adjudges it good
luck II at the present time he can garner from the
field million. Such fact - this IL potent,
for 1t il tribute nom the peoples Of
the old world TO the stability OF the
new; to the financial strength and energy which,
In . little more than three years. have wiped ont
upwards OF $3.50, 0o0, 900 OF public debt and II yet
moving successfully on to the solution OF q prob
lem that has disturbed the nnanciers OF the
mother country for almost three-quarters Of Gen.
tury. The following are the quotations of the days.
United States currency skies, 1l3k l13H; do.
skies, 1881, registered, ll6X 11ek; do. do, do,
coupon, l22x l22X; do. nve-twenttes, registered,
May and November, llex III do. do, 1852, coupon
do, 1l6x III do. do, 1854, do, do, llek III;
DO. DO. 1886, DO, do. 1lsk llsX; do. do, 1857
registered. January and July, 1l6k a1l6H; do. do.
1885, coupon, do llsK q ll0x; do. do, 1867, do,
do, 121X 121z DO. do, 1895. do do 12ox 12oH;
do. ten-forties, registered, ll2x ll2A; do. do,
coupon, Hay . lllx; do. fves. 1881, registered,
lis 1l51z; 40. do. do, coupon, lis 115h.
SOUTHERN SECURITIES.
These were dull ana there Is little change to re-
cord. New Tennessee skies sold at 70 Q 1914 and
Missouri skies at 93H q %. The prices quoted are
as fOllows:-Tennessee, ex coupon, 1871 S0;
do, new, 1914 70H; Virginia, ex coupon A o
As; do skies, consolidated bonds, 81 q 54Z1; do.
skies, deferred scrip, l0x IL; Georgia Hxes, So;
do. sevens, 9ok; North Carolina, ex coupon, 20
80; do, funding, 1866, IS q 20; do. do, 1865 II
a 20; do. new, 16 o II; do, special tax, IL Ia;
Missouri skies, osK 9sX do, Hannibal and st.
Joseph, 81; Louisiana skies, Al So; do, new, 40
SO; South Carolina sixes new, January and July,
IA q Is; do. do April and October, 20 rs; Arkan-
sas skies, funded, IS 40.
THE PUBLIC DEBT FOR MAY.
Secretary Richardson, bringing his report down
to the close Of business In the Treasury Depart
ment on the 31st OF May, makes the following ex-
hibit The debt bearing interest in coin Is
ST. TAI, 305, $50, the unpaid interest on which is
$35,154, l9s The debt bearing interest in lawful
money, embracing per cent certificates Of indebt-
edness and the per cent navy pension fund, ID
the unpaid interest on which is $751; $50.
The debt bearing no interest, consisting Of legal
tenders certificates OF deposit, fractional currency
and coin certificates, amounts to $3.50, 1884, The
total debt, therefore, on the 31st OF May last was
81, 2z5, ,0S4, besides an interest due of
s35,e69,o04, or an aggregate OF $2,260, 742, $3.50.
There was in the Treasury At the time specined-
Coin. $7o6SS,5l6
Special deposit for redemption Of GER 0''''
tlhcates. ......................... ~ lzo'ooo