The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-22
NEW YORK HERALD SUNDAY, MARCH QUADRUPLE
FINANCIAL and COMMERCIAL
Current Conditions in the Several
Markets.
WALL STREET.
SATURDAY. March 21-4 7. n.

SATURDAY. March a. +. MI
Tho expectant period continues The men on
Wall street do not know what TO do until 'ney
ascertain what Is the quantity OF the greenoack
dollar, our legal standard OF value. IL is not as II
that value was to be liked by the friction OF trade
then business and exchange might ioliow "itnout
detriment to the invested interests But the
present condition OF things Involves al other In
terests There is no nxed quantity. We are all at
sea. We do not know what anything Is worth to-
uay, because tomorrow 1t may be worth some
thing different And yet Congress does not
dare TO approach this solution. Does this
Congress and its individual members wish to pass
into history as body that, either through ignor-
ance or incompatoility, JAILED to find solution
for which the country was waiting. The feeling Is
excited on this subject, and unless Congress finds
prompt remedy is likely to produce dangerous
results.
OUR IMPORTS.
The Imports OF dry goods at this port for the
week were sS.25s646, and the amount marketed
So, 22s9s3. The imports for the corresponding
period OF last year we're 50, sS7,4lo, and in 1871
s., 23s, $50.
GOLD RANGED
between 111A and liz, with the closing transac-
lions at lllX. The rates paid for carrying were
2, 8. and az per cent The Assistant Treasurer
to-day paid out $4,000 on account OF interest and
$4,000 In redemption OF nve-t~enty bonds. The
customs receipts to-day were $576oOo.
THE BANK sTATBMRNT
reflects the currency movement which always
attends the April annual settlements. The Middle
and New England States have been drawing cur
rency from the New York banks for the wees, and
will probably continue do until the close of the
month. After the first week in April this currency
Will begin TO return, and the accumulation Will
increase until midsummer. The banks have lost
during the week, In net reserve, that above
twenty-five per cent OF their total liabilities
S. $50, but still hold $19, 953 800, which is
larger amount than for several years, and which is
a sufficient guarantee that the change In the money
market will be confined, at the most, to a mere ad.
be no strngency. The following are the bank
1gures:-
March a. March o. Differences.
Loans $3.50 III, 100 $3.50 s66, 200 Inc S4g 100
Specie. 27,9l43 800 26,6e6000 Dec. 12lS,O00
Legal tenders 61,652,6OO co. 400 Dec. l,465.2o0
Deposits. 243 23s 500 40, 9e1 100 Dec. 247 400
Circulation. 26,720,90O 26,71 800 Dec. $500
The following shows the relation between the
total reserve and the total labilities:-
March IA March q. Differences.
Specie So, 9l4, 800 $26, $685. 900 Dec. ST. 2lS 800
Legal tenders. ,652 600 601s4, 400 Dec 146S 200
Total reserve $50 $50 $780, 400 Dec ST. $685. 500
SEA, 100 900 $2a7l7, 800 Dec. $500
Deposits. 243 2SS 500 24o 9sl1OO Dec 2247 400
Tot liabilities $685. 400 s2o7 7os 400 Dec 81 900
Is p. C. reserve 67,4Ss,SSo es,s27,lo0
Excess Over25
p c. reserve 2,o7..o5o 1883, 300 Dec. 2,12s,75o
THE EXTREMES OF STOCKS.
The following were the highest and lowest prices