The New York herald., 1873-12-02
THE UNITED STATES TREASURY.

THE UNITED STATES TREASURY.
The recapitulation of the public debt statement
viii be found elsewhere. 1t is briefly summarized
here. The increase in the public debt Tor N0vem-
ber amounts TO $9,O2S,576 The coin in the Treas
ury is $50, ,7O9 $751; against which coin certif-
Gates 10 the amount OF s302 GOO. The currency
in the Treasury is 1896 44O the legal tenders out
standing $685. 922 Ols and legal tenders special
deposit, $2Ol6O, 600. The department estimates
for 1875 amount to $31e, 1856. The customs re-
ceipts to-day were $2S7, ,000 The Assistant Treas
urer paid out to-day $107,00 account Of inter-
est and 100000 in redemption OF nve-twenty
bonds. The balances in the United States Treasury
at the close OF business to-day were Cur
rency, $1.aOo00O; coin, $ss7o00oo; certificates.
$50 900; outstanding legal tenders $366 1852 900
increase since last report, $l,O62,000.
GOVERNMENT BONDS.
Government bonds closed strong as fol-
lows:-United States slxes, 1881 registered, 111x
1l2; do. do, coupon, 116 l16h; do. i've
twenties, 1862, coupon, 1l0H HOY; do. 1854
do, Ill; do. do, 1866, do, 111K q liz;
do. do 1885, do, new, 1l5h 115h; do. do, 1867,
do, l15A 1l6K; do. do. 1858, do, 115; do. ten
forties. registered, 1857 los9S; do do, coupon,
1osk 1OsH; New lives, 1881, coupon, 1925
ITO; six per cent Pacifcs, 10Sk a 109
SOUTHERN BONDS.
We note the sale Of $4,000 new Florida gold
bonds at 80. Missouri skies sold at &c. The follow
ing were the latest quotations missouri skies,
S9H; do. do, Hannibal and st. Joseph issue, 85;
do. do, Asylum University, 84 Tennessee SKIES,
old, TN; do. do, new, 72A Virginia SKIES, old,
34 do do, new, 4o do. do, consolidated 491s; do.
do, deferred, 9h Georgia skies, 621S; do sevens,
new, so; North Carolina skies, old, 22h; North Car
olina, issued to North Carolina Railroad Company,
coupon, 80; do. do. do, ex-coupon, rs; do special
faY A. GOuf ctY yonn ondT Tu1u q
Arkansas sevens, Little Rock and Fort Smith issue,
16; do do. Memphis and Little Rock, IS; do. do..
Little Rock, p B. and New Orleans, la; do do,
Mississippi, Ohio and Req River, 16; do. do.
Arkansas Central Railroad II; Texas tens 1876, 81
THE FOREIGN MARKET
was without interest The latest quotations are as
f0llows:-UonsOls for money, 93H q 93K; cons0s for
account, 92K 921, ex-c0upon; 1ve-twenty bonds Of
1885, old. 931 93x; hvetwenty bonds OF 1867, OK
. PIX; ten-forty bonds Dix 90; new fives, % q
OK; Erie Railway shares, 3sk 3sX; New York
Central shares, 77A . 78. American securities ale
reported steady. In Amsterdam the following
were the closing quotations:-Central Pacific first
mortgage bonds s0x; Union Pacific first mortgage
bonds, 90; Union Pacific stock, 23; Northwestern
preferred o2 st. Paul preferred, 54; Erie shares,
Ak.
THE NEW RATE OF EXCHANGE.
The committee or the London Stock Exchange
proposes from the beginning Of next year, to
adopt change in the ofncal par of exchange
which has been fixed for dealing in securities ex-
pressed in American currency. The present ON
cial par Is 4s. 3D. per dollar, which is widely diner
ent from the real par, and the consequence is that
to allow for this difference the current quotations
in dollars are much below what they would be II
the exchange at which they were to be converted
into sterling spproximated more closely TO the
real exchange between the dollar and the pound.
It is proposed. accordingly, to substitute A. for
As. 3d., and by this change the difference will be
hardly appreclable, so that the current quotations
IN future will represent somewhat closely the ac-
tual proportion OF the price of the stocks and
shares quoted to the price OF issue nominal par.
As It is American securities are at constant ap-
parent discount, even when they are at or above
par and the quotation is necessarily puzzling. The
improved quotation Of American securities on the
London Stock Exchange will commence simuta-
neously with the amended quotation Of the New
York exchange on London directly representing
the relation OF the dollar to the pound sterling.
The persistence of the old oficial forms OF quota.
tlon, which are now to be altered. Is one OF the
most curious proofs OF the conservatism OF trade
customs.
RAILROAD BONDS
preserve their recent steadiness and we note the
following sales Chicago Burlington and Quincy,
eights, 100; Central Pacific. gold bonds, % Union
Pacific Railroad. first mortgage 79X; do. do,
sevens land grant, 70h 71k; do. do., tens, IN
come, 651I, 655. a 81; Delaware, Lackawanna and
Western. convertible. ex-interest, OAK Toledo aud
Wabash, first mortgage, st. Louis Division, 50 q
s1k; Great western, second mortgage 7Sk; Chi
cago, Rock Island ana Pacific, sevens 103; Toledo
and wabash, consolidated, convertible, uk;
Ohio and Mississippi second mortgage, 7lK; NIL
waukee and St. Paul, eights, first mortgage, 101K
1o2; Alton and Terre Haute, first mortgage, 9sK;
Central Pacific State aid Donds 1OO Erie, third
mortgage, 90; Onio and Mississippi, consolidated
sinking fund. s9k. The following were the bids as
amended at the CALI
New York en- 6s 49,. 80 Tol wab lst m st L d slh
New York Cen 6's 81 S9L Toi 4 Wab I'd m ...... S5
New York Cen 6's r. e. S1H Tol Wab equip bds . 10
New York Cen 6's, sub ~ n Tol Wab cons con-, 7lL
Erie Ist m ex.. w CT West I'd IN, 92.... 7SM
Erie I'd IN rs, %. 80 Ill a So Iowa lst m. . IS
Erie Sd m rs 49, W Galena Chic ex...... 80
Erie 4th IN rs, 80 y26 Galena Chic I'd m. g5
Erie bth IN rs 49, lax SO Chi a Pac ........1OS
Long Dock bonds. * $50 Morris Essex LIST m l02
Hud rs. I'd m, ,S5 l05 Morris Essex ID m . y7k
Harlem con III a sf6s. 98 Cen LIST IN. new -. 100
Alb Susq lst bds..... IS Cen ID IN. ......... IS
Alb Susq I'd bds.. gts Southern LIST m 7's 40I
Mich col 1902. Pitts A Chic az tllE