The New York herald., 1874-07-28
THE HIGHEST AND LOWEST PRICES



TNE NEGOTIATIONS RESPECTING THE NEW LOAN
formed the subject OF considerable speculation,
and. 1t was stated. occupied the cable actively to-
day. Nothing definite as to the result was made
known. but 1t Is said that upon the failure OF the
Secretary's circular to bring out more than rac.
ton over $40, 000 900 from bids for the remaining
nves there has been steady disposition to
close with the proposition OF the Syndicate, who
offer to take sos, 900 900 provided they have call
for the balance. The length OF time that call shall
have to is said to be the point now under con-
sideration. and the American representatives. Of
the Syndicate say that from latest advices, both
with the Secretary aud their correspondents
abroad, they have no doubt 1t will be satisfactorily
adjusted. The public have some curiosity on this
head, but must evidently wait another day for It's
qualification. Tomorrow or next day we are prom
tsed the result.
opened at 1Oosl advanced to 1927 and later de.
cllned to 1O9k, at which figure it closed. Free
sales of gold were made to-day upon the assump-
ton that the pending negotiations with the
Syndicate would be shortly closed. The carrying
rates were \ to per cent; borrowing nat. The
customs receipts were $3.50 The Subj -Trea-
svrer paid $1,000 In redemption OF five
twenty bonds and $19s,ooo on account OF interest.
THE FOREIGN MARKETS
were generally strong for American securities,
with Erie, exception, weak. The open
ing figure OF the latter was 301i to SOk,
going on at the close to 30; f2o3,o0o
was Withdrawn from the Bank OF England
on balance to-day. Rentes at Paris, at p. NJ,
were 81 francs a71l centimes. Bonds az Frankfort
were quoted 1881 for 1881; ten-forty's, 9Ss.; old
'66s 1929; new '65's, 1927; '67's, 1857. Closing
prices in London, at 5 p NJ, were as follows:-
CousOs, money, 92,I q 92h; do. account. 92h
s2.; hve-twenty bonds, '65's. old, l0s 1895;
do 1867, I0eA; new fves 104a.; ten-iorty bonds,
1861; Erie, 3O
GOVERNMENTS WERE STRONG
throughout the day with some heavy transactions,
aggregating on the two calls $A3,OO0, comprising
one lot of $256,OOO registered '65s new. The late
discussion respecting the new loan has no doubt
PROVOKED investment in this direction. The iol-
lowing were the closing prices :--Unlted states
currency sixes 1171 1ls; do. skies. 1881, regis
tered, LII q 117k; do. do, do, coupons, l1Ss.
I1sy.; do. fve- twenties, 1862, registered, ll3k
I13h; DO. do, do, coupons, 1l3X 1l3}s; do. do,
1854 registered, ia lis; do. do, do. coupons.
ll5k a ll52s do do 1865. registered 1l51s ll5.
do. do, do, coupons, 1867 Il7j. do do, 1865,
new, registered. ll5Is n5s<; do. do, do. cou-
p0ns HOY 1l6l; do. do, 1867, registered 1l5k
a1l6; do do, DO, coupons, ll7a4 ll77: do. do.,
1868 registered, tl6 ll6H; do. do, do, coupon
1lsaIls1; do. ten.lorties, registered, 1928. 49,
do do, coupons ll31s 1l3H; do. nves, 1881, reg
istered, INK ii2H; do. do. do, coupons, il3ta
ia
MONEY RULED EASY
at the rates so often quoted, "a and per cent
on call-and with a small supply OF short date mer-
camille paper, s per cent Tor 80 to 60 days. Best
acceptances. 3 to 4 months, sell at TO 6!s per
cent. The amount of deposits In the Treasury
against national bank circulation aggregated on
the 23d Si6. t5326p covering the deposit required
l1s n6r al han ri
that nearly the entire deposit required under the
new law against circulation has been already
made. The amount OF $3.3sO, $50 Of legal tenders
has been paid by the banks into the Treasury Tor
the withdrawal OF bonds deposited against circu-
lati0n, and the amount OF bonds Withdrawn ny the
banks from such use as deposits to secure circula
hon Is $4,so7,90O. The national bank notes re-
ceived at the Treasury to-day lor redemption was
$6S7,OoO The internal revenue receipts were
t5i0,0o0.
FOREIGN EXCHANGE
was quiet on the basis or ASS for bankers sixty
days sterling and 490H Tor short sight nominal
rates with sales at 4s7H ana 4,s9ls respectively.
Continental was steady. Reicbmarks, 90. and
96.; cables, 9s,s 81; prime Paris s6X 81.
CLEARING HOUSE STATEMENT.
Currency exchanges. SEQ 1885, 025
Currency balances, es,..........,,......... 2,5Q63o7