The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-07-22
WHEAT.

SMALL COTTON FAILURE IN LIVERPOOL.
The cotton market was dull and heavy. being
assisted thereto by the report OF failure in
liverpool yesterday, cabled as un1mportant,
although causing an uneasy and depressed feel.
ting, but without the apprehension Of further
trouble. The market there is stated as dun and
irregular.
MONEY
Is abundant here, with call loans at IL q . per
cent ana prime mercantile paper S1s 8 per cent,
with wide difference between long and short
date paper. In London discounts were quoted in
the open market Tor three months bills "a per
cent, being y per cent below the bank rate. The
rate Tor money on government securities at the
London Stock Exchange Was l to per cent. The
Bank OF England further gained on balance to-
day 22l7,oOo bullion.
CLEARING HOUSE STATEMENT.
Currency exchanges 500 SIG, 800
currency balances .........s.......... 3,U2l,2S2
6Od excnanses.. 0,4b2,9I2
Cold balances. ......................... sos, $40
FOREIGN EXCHANGE
continues heavy for 90 days bils in spite OF the
decline in gold, first class bankers sterling being
quoted at 4,s6 a 4.S6]E with good bankers 4S5}i
A.Se. Bankers sight bills were comparatively
arm at 4s91< 4.sO2<. Grain bills, with bills OF
fading attached, sold at asa Ass, while CONNER
cial bills generally were quoted ASH 4S6.
GOLD LOWER.
Gold opened at ll3A, speedily declining TO 1923,
but recovering again TO l13, going or subsequent-
iy to 1879 and closing at 1925. Tue Assistant
Treasurer paid out to-day $l27,OOO for hve-twen-
Gies, redeemed. and $4,000 for interest. Tie
customs receipts were $4,000 To-day's steamer
gor Europe took out $25O00O gold coin and $4,000
silver; $3.50 900 gold coin intended for shipment
was Withdrawn. In the gold loan market the
Gates were 1-04 per day and per cent per an.
mum for use nat, and 10 per cent for carrying.
These figures Indicate some covering, ana show
that the present disposition to sell IS not alto
Kether on the "shorLo side.
OPERATIONS OF THE GOLD EXCHANGE BANK.
Iou Dalances........'... SZ1o9 SO
loUjVVU
TIE LONDON MARKET
showed consOls active early in the day and Amer
can securities frm, consols closing quiet and
american securities strong. Closing prices were
as folows:-Consos Tor money, 945s 9l1S; do. Tor
account, 942s 9i1l; 1865 bonds, old, 1913; 1867
bonds, 1875 a 1878; ten-orties, 1916; new fves,
1854 1895; Erie. 1874 a 1874; do. preferred, rs
esq; Ere sterling bonds, second, consolidated,
s613; gold bonds, 391S
THE STOCK MARKET
opened with but sght changes, and in the early
dealings was steady. Later there was deciiEe
Of q to III, the latter In st. Paul preferred. sub
Iequently the market reacted, and under the
leadership OF Pacific Mail advanced "a TO ia per
cent, continuing strong 10 the close, with North
Tes, Lake sRore, Pacific Mail and Union Psctnc as
she features.
HE RESULTS OF THE DAYS BUSINESS
ore shown in the following memoranda of che ad-
vance or decline ia the dealt in, as
compared with the closing figures OF last night
and those unchanged at toe close tonight
ADvANCE.-Erie, %; Hannibal, "a Harlem, X;
Lake Shore 4 Northwest, "a Onio, = Pacific
Mail, IA; QuIcksWer, y Rock island q Wabash
": Union Pacific * Weste n Union Telegraph
4; Delaware Lackawannl and Western, Il.
DECLINE.--C., Z. ana !. e., "a; ST. Faul preferred
q; Marposa, q Erie III LONDON q;
- tJNcuANGED.-Atantc aud Pacnc telegraph
AtantIc and Pacific Railroad, Central and hud-
son, Panama, st, Paul common, District OF Column
bla 3-65's.
The subjoined tables give
THE HIGHEST AND LOWEST PRICES, Win sALEs