The New York herald., 1874-12-31
WALL STREET NOTES.

INCREASING EARNEST FEELING RESPECTING OUR
COIN REsERvE-wHAT Is REQUIRED OF THE
BANKS AND TREASURY DEPARTMEST-How
MUCH ACTUAL GOLD COIN Is THERE IN THE
COUNTRY FACTION OF THE PRODUCE Ex-
CHANGE CONCERNING THE APPROACHING aoLI-
DAy-RALwAY EARNINGS.
There was an exceedingly limited circulation OF
the subject matter expressed in the above title
outside OF the stock Exchange yesterday, ana even
there the circulation was not lively, will be seen
by reference to the money column. The year
promises to wind up quietly. with peculiar alb
sence OF ieverisnness in the current situation.
That Is, perhaps one OF The most hopeful assur-
ances such situation could at this time
give for the future. Nothing new Ia to
be expected now until the yearly bal
ance sheet throughout the country has been
made out inspected ana passed upon. This
clear understanding OF their assets and liabilities
on the part OF our people will, it Is hoped, prove
more favorable than feared. IL is much 20 be de-
sired tnat the Treasury Department would set an
example to the banks which the bank examiners
should require them to follow OF making
A COUNT OF THE ACTUAL COIN ON HAND,
irrespective OF gold certificates bonds pledged az
coin and any other obligation regarded In of1cial
exhibits as coin which Is not the hard metal IT.
SELF Let Us, as on thus lst OF January ensuing.
emerging as we ore, from severe shock to all
credit throughout the country-a shock 80 severe
that we are, In q measure, prepared for almost
any disclosures-learn exactly where we
visible coin supply to meet existing coin obliga-
tons. Il We are not well axed IN tnat regard the
country should know IL, that on the eve OF re-
yyal OF business 1T may De able TO regulate It's
future obligations accordingly upon an Intelligent
comprehension OF present circumstances We
are IN sound condition IN tnat respect there Is
the greater re ,son that We should know Il, In
benefit and stimulating impulse OF such satisfac-
tory assurance There can be no good reason for
and under sncn circumstances especially as the
clear erstanding that would thereby be gained
OF our actual coin resources un hard PAM would
DO MORE TO DESTROY THE OCCUPATION OF THE
GOLD ROOM,
that standing menace 70 al snorts at specie re-
sumption, and so help the contamination de-
vouty to be wished" than the combined wisdom
o. az ali events the present Congress IS likely TO-
OF the Treasury IL empowered BY law to issue gold
certificates to the amount Of twenty per cent IN
tnat such issue now exists to the extent OF some
$6.OOo.Ooo, an amount considerably within the
here Is the objection made IN this matter-there
being no provision Tor their appearance IN the
Treasury statement, and they being equivalent to
coin at the tary centres. 1t Is asserted. arc
counted as coin In the bank reserves and 1t may
be Treasury deposits, ana SO made the basis of
fresh twenty per ceut issue, should such be re-
quired, Gd tfLfnltun This Is somewhat ting
onage 10 rng our t @ n
assailed nave an easy way TO defend themselves
frOn the SOFT impeachment, II IL s SOFT Dy fur
nlshing correct count OF the actual metal they
hod against all coin obligations. Thts Is unJouOs
edly
THE MOST PROPTTIOUS PERIOD
for agitating such q matter. Whatever the result
only the minimum OF harm would follow in our
present business status; but should this count bo
put on to six months or q year hence, 1t is inn
possible TO tell what disaster might follow an un-
favorable exhibit.
1t is announced that Messrs. l.. Roberts d Co.,
after a suspension OF two months, have resumed
business having settled and paid In iuil all their
liabilities.
THE BUSINESS or THE CANALS
Amount Of tolls lor the season, 81, 19d, ,470 81:
number OF boats cleared 7643; number OF arrivals,
1861 Shipments-Fiour. 40, 1872 barrels wheat,
q, 1,672,048 busnels; corn, 16,al8,84l do; oats,
2. 1884, ,935 do; barley, l33 600 d0; barley malt,
104,7 ,754 do; iumber 8008l IT'S teet; staves 1850
tons; misce celaneOus, 10 1884 tons. Total shipments,
l,445.i72 tons. Average number OF boats thas
cleared daily during the season. IS; average num-
ber OF boats that arrived daily during the season,
35
THE PRODUCE EXCHANGE
decided yesterday. alter q little spirited discus.
sion OF the matter, not to adjourn over Saturday,
January2.
RAILWAY EARNINGS.
The earnings OF the Indians polls, Cincinnati and
Lafayette Railroad Company Tor tna hlst three
weeks IN December were--
9.26G
ihcrcasc >SstS