The New York herald., 1874-08-15
FINANCIAL and COMMERCIAL
A Season of Dulness in
Wall Street.
- General Rush to the
Country.
q O L D, 100 6-8.
WALL STREET,

WALL STREET, /
FRIDAY, August M-6 p. N.
The effect upon the street to-day has been re
marksble. The average opinion has been. "Well,
what do you think OPP As practical rule Of
business able business men have said We dismiss
current events from our consideration.
MONEY
The money market to-day was merely repeti-
tton Of days past; call loans were done at per
per cent and prime currency paper discounted at
Sc Z per cent the inside rate for choice Names OF
which the supply IL small. Gold paper is quoted
M4a5 per cent for prime go day acceptances,
ana domestic gold paper at 8 per cent for 90
lays and q per cent for 90 days and months.
The rates for gold paper are sustained BY the fact
uhat gold s lending nat to ll6 for use for 60 days,
ior use for 90 days. Time loans in currency are
4uotsd ct per cent for 60 days and q per cent
Ior the balance OF the year.
Foreign exchange was dull and weak at 4.se16
i.s7 for bankers 90 day sterling and 4.soX 4.e0
fOr demand.
opened at 1925, sold at 1OsN and closed at the
highest fgure. The carrying rates were to
per cent, borrowing nat. The customs receipts to.
day were $s74,Ooo. The Assistant Treasurer PAID
ont to-day $4,000 on interest account.
GOVERNMENTS
were nrm, closing at the following prices ,-United
states currency skies. ll7k ll7X; do nxes, 1881.
registered. nix NIX; do. do. do, coupons,
lleK 11sk; do. nve.twenties, 1852, registered,
nix 112H; DO. do. do, coupons INK 112k;
ao do.. 1884, registered, lax lax; do. DO. do,
eoupons, 1l5H ll6; do. do. 1885, registered, 11Ak
lis; do. do. do, coupons, 11eX l17X; do do.,
lse6, new, registered, l16H 116H; DO. do. do,
coupons. lle lleN; do. do. 1857. registered 11e
I1ek; do. do. DO. coupons, NIX ll7k; do. do,
1885, registered, 11e hey; do. do. do, coupons,
dn tnS.f Hfoo q
lloK; do. do, coupons, 1lsX llsX; do. nves,
1881. registered, INK liz; do. do. do coupons,
i1lN l12.
THE ERIE BusrNEss,
which u attracting Q good deal OF attention just
now, makes the following communication inter.
estlng:-
A1TT1l From CAPTAIN TYLER TO TIE LONDON
lANKIN0 ASSOCIATION, LIMITED.
LONDON, July 2S, 1874.
DEAR srR-I have the pleasure Of informing you
Snst returned from America last evening. Ny
inspection and Investigations In that country
have extsndsa over the Erie sys!en nS shs Assnac
Columbus, Cincinnati and Indianapolis system,
and their Observation-Disclosures upwards OF
znssr.oa have extended over more than 5000
miles. Ny report, therefore, upon the Erie system
the return 70 England Of the accountants, who,
Of the present month. Meanwhile, you may rely
on my Carrying out your Wishes which SO entirely
any Information either TO yourselves to others,
and when the time strives for the Issue OF my
report intend 10 take every possible precaution
to prevent any person from obtaining Information
pn0r to ~ publication. am' dear sr yours
truly. b. W. TYLER
STOCKS
were generally quiet, with an advance In the fore
noon dealings OF u TO u per cent. Later the
market was dnl and prices generally lost the
early improvement The total sales Of the day
were 4o, 500 shares, distributed - follows, which
also gives