The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-01-11

THE MONEY MARKET
was easy at from to per cent In fact we hear
OF more funds Offering by banks and banking insr
buttons than could be conveniently used. The in.
ference is natural. Foreign exchanges closed firm
At ABB 4.S3X for prime bankers 60 day sterling
and 4S6H q 4S7 for demand
IMPORTS AND EXPORTS.
The foreign commerce OF the port for the week
was:-General merchandise imports, including dry
goods, $7254, 124 produce exports 81, 6s5, and
specie exports, $540447. The total merchandise
imports since January are 1924, 1N as against
$5,34s,loe in 1873 and $780, $50 in 1872 The total
exports Of produce since January are a. 90S 6s5,
against $3,513,9O6 in 1873 and 49, 1ss,209 in 1872
The total exports Of specie since January L. this
year, are $54o,447, against $2695,2a3 in 1873 and
$3,4lS in 1872.
GOVERNMENT BONDS.
Government bonds closed firm at the following
quOtatons:-United States skies, 1881, registered,
116x 1851; do. do, coupon. 117k 1l71s; do.
hve-twenties, registered 113 1i3n; do, 1862,
coupon, la l14t; do, 1864. registered, ia; do.
do, coupon, l15% 116; do, 1865 registered 115M;
90. do, coupon, 1161s 1851; do. do, new, reg
istered, 1861 115X; do, do, new, coupon, 116
1l6A<; do, 1867, registered, 1861 1l6H; do do,
coupon. l16s Tl7 do, 1858, registered, 1l6H; do.
do, coupon 116t4 do. ten-iOrtes registered, 1124
11s; DO do. coupon, 1875 ia; do. hves, 1881,
coupon, 1l2a; do six per cent Pacific Railroad,
I14K 114x.
THE UNITED STATES TREASURY.
The customs receipts to-day were $349, 900. The
receipts from internal revenue amounted to
$239,OOO The Assistant Treasurer paid out to-day
$40 900 on account OF interest and $4,000 In re.
demption Of fve-twenty bonds. The legal tender
circulation to-day shows o further increase Of
100000 The government balances to-day were:-
Currency, $4s71, 1885, special deposit of legal ten.
ders for the redemption of certificates OF deposit
$3e. 900; coin, SIS, 3eo,43O Including coin GER
tihcates $42 90s, 900) outstanding legal tenders
$751; ss1 o02. The following is the statement of the
United States Treasurer The money held as
security Tor bank circulation, 1892, $685. 500; for
deposits OF public moneys, SIG, 1850 200; bank cir
culation outstanding $34s, 1851; internal reve-
nue. receipts to-day, $239,Os7; do. for month,
$3452 $780, do. for scaa year to date, $51,279o 59.
The tt easury operations for the week at the New
York Office included the disbursement OF
$36s9 1856 gold for interest s3O35 900 in redemption
of fve~twenty bonds, and the receipt OF 81, 5000
for customs. 1t is announced by telegraph
from Washington that 100000 OF the bonds
OF 1858 were received at the Treasury to-
day for payment and 100000 for exchange.
The Secretary again to-day made draft upon his
'reserve" for 100000 legal tenders, s25o,oo0 OF
which went towards swelling the balance in the
Treasury to s4,5OO.OOO This further draft to-day
was made public at an opportune moment, when
the stock market had become heavy The Secre-
tary has but about $lS,0o0, 900 sreserven LETT II
may oe expected that while this balance Is COM
Ing out the market will be subject to frequent and
wild fluctuations in the excitement of which the
leaders doubtless expect TO realize upon their
loads.
RAILROAD BONDS
Railroad bonds were strong and higher, the in
vestment demand continuing active. Central Pa
cities advanced to 95k, with few offerings. Chicago
and Northwestern consolidated gold bonds were
nrm at S4M a SAN Union Pacific nrsts sold at SO
81, land grants at TX a'7% and incomes at lax
75A The latest bids are:-
New York cen 6's. s7. s9x han 81 Jol g....... 95
New York Cen SIS, r. e. " Han dSt 10 SIS cow. SAY
New York Cen % sub. 10 Del kaek " AuR~. .lulk