The New York herald., 1874-11-20

firmly at l11x. The rates paid for currency were
|, 1K and 2 per cent, and Tor borrowing per cent
10 nat. The hrmness OF foreign exchange con.
tinues to be reflected In this market, and the pre-
dictions Of the street favor higher figures.
OPERATIONS OF THE GOLD EXCHANGE BANK.
Golo palances.... .......................... SLI363z
Currency balances. es............."....... 2.2l7,3o6
drOss clearances. ..................... AS,3O00OO
CLEARING HOUSE sTATENHNT.
CuErency eAcnanges' go @ ~
currency balances. es.................... $500, 232
1oiu excnanges NEUTRALITY-SUSPICIOUS.. l0,oSo 64o
1olu oaiances... ............s........... %0o%slo
The bids for government gold at the Sub.
Treasury to-day amounted to $1,4S5, 900 at prices
ranging from 1l0.75 to 1l1.o7. The amount,
$4,000, was awarded at from 11o.os to l1lo7.
The shipments OF specie to-day were s4ao,ooo, of
which es05,oo0 were in gold coin.
TIE MONEY MARKET.
Money was easy at and az per cent on call
loans. Foreign exchange was frmer at the close,
and the quotations were 4s5 a ASK for bankers
sixty days sterling, ana 4.s9 4s9K for demand.
Some OF the German bankers were free buyers OF
exchange on account OF liberal sales to-day OF 1862
and other dve.twentles lor European account.
BANK sHAREs
Bank shares sold at 1o0X for Central National.
lo4k for Repopic, ana Fourth National at esK. The
latest bids are annexed :-America, 14s; Ameri-
can Exchange, 11lK; Central National, 1ooX;
Chatham, 1871; City. 800; Commerce, 11e;
Corn Exchange. 100; First National. 200; Han.
pver, 1ook; Irving, 1928; Mechanics, 1856; Mercan.
tile, ll2,S; Merchants, lie; North America, %;
Park, 1877; Peoples. lao; Phoenix, 90; Republic,
ic4; st. Nicholas, 107; Union, l34.
THE FOREIGN MARKET.
Late London advices state that the Bank OF
England has lost In bullion during the last week
se23, 900. The proportion OF bank reserve to LA
bihties Is now 39x against sex per centlast week.
Specie in the Bank Of France has increased during
the week II, 321, ,o00L Rentes at Paris are frmer
al eit 52kc. The strength OF the Bank OF France is
naturally q subject OF comment, because 1t not
only illustrates the healthy financial condition OF
that country, but accounts In measure for the
Iubtraction that has recently been recorded In
connection win the Bank o: England. II Is ex.
pected that she Governors or the last named In
Ittution Will again advance their rate OF discount
1t an early dag. The rate In the open market is
llready gradually approaching that OF the Bank.
The market for consos and American securities Is
reported dun and without mater.a. change. Erie
closed at 26k q 26k.
sAERoAp BONDS
The business In tais department was well scat.
sered and shows moderate demand on the oaj OF
investors. The marke: was frm In tone. Sew
YORK Central nrsts advanced TO l..X, Central Pa
cincs TO 90, Onion Pacific nrsts 70 COX and sinking
unds 10 '6k Chicago and Southwestern coEso-
ioateo Sold ponds brought 50. and Michigan Gen.
tral sinking iund ll2 Harlem Grs,s, sevens, regis
tered, sold at los. ana New YORK Central sixes or
1887 At loo Central Pacific bonds closed at ask to
10 and Union Pacincs soH to ooX Tor rrs.s, ssX to
ssK for land grants and 7ek to 7ek for sinking
funda O., Q. and I. c. nrs:s sold a. sex and sec.
onds 1t 24k; Erie thirds at 100.
SOUTHERN BONDS.
Long Missouri slxes soic az s6k, new Tennes-
sees at S5h. new Georgia sevens a: 90, virginia
sixes, consolidated, at SIX. The market was
only moderately active, but is supported
BY patient undertone wa!ch Is ap.
pafsnt,y waiting on the action or the
Legislatures about TO assemble. In view or the
popucG changes that hare taken place through.