The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-02-12
TIE uerrED STATES TREASURY.

81 the Treasury ON each day -
Legol Currency
Tenders. Balances.
February 4-Dec. $40 S4,50000O
February Sine. .......-.. l,lOo 4,oO0,Ooo
Rebrnary ENC ......... 1878 4,sO2, l55
February Inc. .......,.. ls6uoo 4,976ooU
February 9--Inc 2l0l00 $3.50 600
February lQ-Dec.......... 6t6.O12 4,s5OOO0
when il is remembered that the currency bal
ance represent is the amount which the governments
daily employs to meet it's expenses the contrast
between the foregoing figures will be strikDgly
apparent. The Assistant Treasurer paid out to-
day $e7 600 account OF interest, and $4,000 IN
redemption OF five-twenty bonds. The customs
receipts were $359,OO Internal revenue receipts
500, SEQ.
was unchanged, cali loans ranging al and per
cent Prime Mercantile paper Is quoted at a
per cent with and Ga as ruling rates. Gold
paper Is lower. Foreign exchange closed firm ut
AS4h ass for prime bankers sixty day ster-
ling and ass for demand. 1t is expected that the
Bank OF England win soon advance it's rate of dis.
count Commercial bills are scarce and the sup
ply of cotton bills has also diminished.
GOVERNMENT BONDS
are still the object OF much demand and, in sym
pathy with gold, were very strong at the following
quotations limited States currency skies, 1l69s
NoH; do. do. SKIES, 1881, registered, 12o 1905;
%. do, do, coupon, 1901 1201a; do hve-
Swenties, registered, May and November, lish
lls; do do, 1852, coupon, 117i4 NIX; do. do,
1894 coupon, 11914 1893 do. do, 1865, coupon.
llys< a 11eX; do. do, 1867, registered, January
and july lie 11sl4 do. do, coupon. 1865, llsa4
Ifs do. do, do, 1867 1872 l2o; do do do. 1868,
llex q IIo,s; do. ten-forties, registered III
i12k; do do, coupon, 1852 II5a 40. fves, 1881,
registered, Il3 113x; do. do. do cOnpoD l13 a
l131.
SOUTHERN SECURITIES
were dun and neglected. New South Carolina
uxes, August and October, sold AT 20, Missouri
sixes at a3 931.. The bids on the rest Of the mar
ket we're as follows :--Missouri SKIES SO; do do,
Hannibal and St Joseph issue 900; do do, Asy
lum or University, s91l; Tennessee SKIES, old, s24
do do old, ex-coupon, o3aa do. do, new. s214;
do. do, new ex-coupon, $50; do. do, new Sc
ries $50; virginis skies, old, $50; do.
do new, As; do. do. consolidated, 5lA;
Georgia sevens, new, 81; do. do, gold bonds,
S.; North Carolina SKIES, North Carolina
Railroad. January and July, IS: do. do, do,
April and October IS; do. do do. off, jan
nary and July, Is do. d. do, Oh, April and Octo-
Der, %; do, Funding act, 1866, %;
do, special tax, class No. 1, na4; do, do,
class No. 2, IL; DO, do, class No 9, IL; South
Carolina SKIES %; do, Funding act, 1866, Is;
Arkansas SKIES Funding act, "a; do. sevens, Little
Rock and Fort Smith issue, 90.
An effort is being made to procure the payment
of the interest upon this issue, Of which there
outstanding $11, 400, OOO and the question is now
pending before the State Legislature whether
not they shall be absorbed in an exchange OF new
six per cent bonds OF the State at the rate OF nifty
cents on the dollar for principal and interest
suit is also pending In the Superior Court OF Wake
county North Carolina, which was Instituted by
Nessrs. August Belmont h Co., OF this city, on be-
half OF the Northern bondholders, to compel the
Auditor OF the state collect the taxes LEVIED in
the Especial Tax actr for the payment Of the in.
serest.
to-day advanced rom 1l2--the opening prlce-to
li215, receded TO 1927 and closed at liaA. Much
speculation is INDUCED as to the cause of the
upward tendency in the face oil the INDIGESTION Of
Congress- The rates paid for carrying to-day were
4, 3, az, and per cent, and for borrowing rat.
The final rate was per cent for carrying.
OPERATIONS OF THE GOLD EXCHANGE BANK TODAY.
Gold balances. 81 700 LOG
currency balances. OBSERVATION-DISCLOSURES. 2O.stlo
hEoss ctdrances.. +i,.is
CLEARING HOUSE STATEMENT.
currency exchanges. $50. J4l lo5
currency palances. Observation-Disclosures. 5.9ooyos
Soid excnanges. .'..........''..'''.'' ,'ooc os9
Vou DaIdnCes ACKNOWLEDGEMENTS. l,foou"l
THE FOREIGN MARKET.
London advices by cable to-day state that 5000
have gone into the Bank OF England on balance.
The following are late London quotations, the
market being reported dun, but steady:-Consols
for money, 91H 90; do. for account 81 e2is;
nve-fwenty bonds OF 1855 Old, 10s{ l09: do. DO,
1867, 100 1905 ten-forty bends, los 1861 new
nves, 1927. 1885,; Erie Railway shares, 45s;
New York Central shares es Paris dispatches
snote rentes puoyant at 1915. In Frankfort,
nve-twenty bonds OF 1882 were strong at 9s1f.
The following are prices in Amsterdam Central
Pacific nrst mortgage bonds, 49, Union Pacific
nrst mortgage bonds, 73g4; Union Pacific stock,
3o'.; st. Paul preferred. s.; Northwestern pre-
ferred, s7}S.
RAILROAD BONDS.
These Wanilestec great strength to-day. aud IN a
large proportion OF the sales there was marked
advance indicating the direction OF much or the
surplus money which holders prefer to invest
rather than lend az present low rates Of interest
Erie fonrths SOLD at % Union Pacific tens, $50:
40 nrsts, s6IIs do. sevens, s2}k; st. Louis and
iron Mosntain, "a 4; Western Union Telegraph
seVens az s6i Milwaukee and st. Paul drsts, La
Crosse division, at 81; Lake shore consolidated
coupons at 81; c., C. and /. c. 6rsts at 90 HanD-
bal and st. Joseph Fights convertible, $50; DeIa-
ware, Lsckawanna and Western, 1O4], New Jer-
sey Central nrsts. new, lolid; Erie seconds at log
DO thirds. 100; Michigan Central sevens. s7,, a
s'A; Alton and Terre Haute seconds. preferred.
@1s Toledo and wabash drsts, 9s; d. do. ST.
LOUIS DIVISION So; Great Western S. The fol.
'o"ibg were the bids as AMENDED by the sales at
the respective boards
new ork 4 en- bs, 81. psl set a.. - toa,,