The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-19

Gross clearances ~ 900, 600
THE UNITED STATES TREASURY.
The Treasury balances IN washington at the
close OF business to-day were as follows:-
currency .............-..... S1,300,00
com.
Certificates 100000
The receipts from internal revenue amounted to
$2G0, 0o0. The receipts from customs Tor the week
ending June amount to 81, 75o 900. The receipts
from customs to-day In New York were s30l, 600.
and the Assistant Treasurer paid out SOC, 900 on
count of interest, and $4,000 in redemption OF fve
twenty bonds. 5#
SOUTHERN SECURITIES.
New Tennessee skies were sold at 79i4 old do.
at 79Is; old North Carolina SKIES at 70. The
quotations OF the list fOlows:-Ten-
nessee, ex-coupon, 79i4 7oal; do, new, 79iA
1915; Virginia, ex coupon 43 AZ; do, SKIES conso
dated bonds 547s 5514 do, SKIES deferred scrip
10 IL Georgia skies, 20 70; do, sevens 90 90;
North Carolina, ex coupon, 20 ~; do, to North
Carolina Railroad so So; do funding, 1866, 16 10;
do do, 1865, 16 10; do, new, 10 all; do, spe-
cial tax, 12s IA; Missouri skies, 954 952S; de-,
Hannibal and st. Joseph, % a 93; Louisiana skies,
As a So; South Carolina skies, new, January and
july 10 a II; do. do, April and October. 70 81;
Arkansas SKIES, iunded 80 40.
THE NORTH CAROLINA BoNDHoLDERs
meeting OF holders OF North Carolina special
tax bonds was held this afternoon at the offce Of
Thomas Denny, 80 Wall street, who, as chairman.
reported that, after the submission OF the case
to Reverdy Johnson, OF Baltimore, Nd, TO under
take the suit OF the bondholders against the
State OF North Carolina on terms favorable to the
bondhoders, or rather to that part of them JOIN
ing in the suit the same kind OF engagement was
made with Mr. T. Mcdonald to carry an additional
suit on equally favorable terms An abstract OF
the opinion Of Reverdy Johnson read at the
IN 10 al fay
bonds are binding upon the State. Second that
the State had no right to appropriate to herself
the provisions for such a levy as the legislation
under which the bonds were issued. Third that
her proper officers were bound 10 levy the annual
tax provided for to meet the interest, and the
holders OF the bonds who are not cirZens of the
United States may compel them TO do so by writ
OF mandamus from the United States for the dis
tr!ct OF that State. An abstract Of opinion OF Mr..
Caleb Cushing, furnished by Mr.. c. Mcdonald, given
in regard to a special tax case, but bearing equally
on the various special tax bonds, was also read.
to the effect first that there is process by which
the collectors using this in general, to rep
resent proper persons to collect the taxes, can be
compelled 10 collect the tax in question; second,
that the holders OF these bonds have legal claim
upon the special tax fund imposed and collected
and in the hands oil the treasurer, until improperly
appropriated by the Legislature for purposes
other than paying the interest the special tax
bonds; third, that a Circuit Court Of the
United States cannot issue the writ OF man.
damus except to enforce judgment previously
rendered 10y it, IL VIII be necessary TO obtain "a
Judgment on the coupon in the Circuit Court be.
lore applying for the mandamus. Mr.. Denny fur
ther stated that the committee mad prepared blanks
and receipts, aud were now ready to receive the
assents and subscriptions OF those willing TO Join
in the suits, and desire to commence these suits as
soon possible He also stated, on Information
that the amount In the treasury to the credit OF the
various special tax issues at the time Of Its msap-
preparation by the state was enough TO pay nearly
all the back interest the 81 200 600 bonds invited
to Join the suit, and that the committee Will make
1t their cndeavor TO obtain Judgment against those
moneys for the benefit OF those joining In suit Ii Will
! he borne IN mind that Congressman Smith, from
North Carolina, has recently written letter Ia
| voring the reputation OF the entire State debt.
GOVERNMENT BONDS
| These remain steady, with but light business.
! The following are the quoted prices United
States currency skies, 114l4 l14ls; do. skies,
! 1884, registered, 1l6 1l6i4; do. do do, cou-
pom, 10 l221z; do hve.twenties, registered May
and November ll61s 1893 do. do, 1862, coupon,
do 1t6S 1895 do, do, 1884, do, do, 16G 1862
do. do 1865. do. do, 1l71s il77s; do. do, 1861
registered, January and July, 1855 1853; do do.
1865, coupon, do 1879 lle9s do DO, 1861 do do,
121 1914 do do, 1865, do. no., 1905 1908; do.
tenorties, registered, 1I21s 1928 do do coupon,
ll3A 1888; do. fives OF 1881, registered, ia.
ll4Js; do, coupon, 114's 1l41s.
MEMORANDA.
SIX proposals 10 sell lve-twenty bonds to the
government were made to-day, amounting in the
aggregate 90 1901, 500. The bonds VIII be paid for
in national bank notes, and the price ranged from
5.40 to 1892 The amount called for was
s5Oo,coo. Tomorrow $2ooo,ooo Of gold is to be sold
the steamers which SALES FOR Europe to-day took
$780, 900 silver bars and $780, 900 in silver CON-
| THE STOCK MARKET
The stock market in some Of its features ex-
hibted life, though without encouragement.
Taking the average the prices were tribe less
| even than yesterday. Dulness was the order OF
| the early part OF the day, but subsequently there
was q revival of speculative interest and partial
i rqcOVprV. ON whole nrfrCS egtff cl NvpaK