The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-06-21


from Washington. Is as follows
Currency 81 10000
Less coin certificates ................ 20 5O0 900
While the Assistant Treasurer In New York re-
ports as follows:-
Gold receipts. ST. s43 218
Cold pay s.......-.................. 1876, i73
GOlu DaanceS... 1921 1T
The difference between the two statements, as
TO the coin on hand, Is too great to pass UNDECIDED
or uncon tradicted; because the mass OF the peo-
pie believe the Washington sta tements to be true.
and are therefore, induced TO regard with apathy
the steady loss or our precious metals. In
the New York Cold Exchange statements
are openly made that the Washington re-
ports or balances false in every respect.
In fact there are parties In the Exchange who
orer to wager $4,000 to $500, money up In any
trust company, that the government does not
hold by over $4,000, 900 the amount they claim.
In view OF the critical condition OF a1airs In Lon
don think 1t most important that our own hnan-
clal condition should be thoroughly understood
and not mlsrepresentedm 1t may be several days
before the counting OF specie and currency on
hand In the treasury Department. now supposed
10 be in process, will be completed ana an exact
statement be made. When made. however, IL Is
desirable that the statement shall embrace the
amount OF silver as well as gold, and inaIcatv
whether the former is reckoned as part of the
''colnn daily reported as on hand.
THE MONEY MARKET.
Concerning this department. there Is nothing
new to be said. Call loans were easy at p % per
cent, with exceptions at "a, and prime discounts
at ga per cent according TO the maturity or
notes. The bank statement shows further gain
In reserve or $780,, $3.50 and the banks now hold
S22 036, 475 in excess OF the legal requirement.
The foreign exchanges were nrm up to very near
no iii ~ q
borrowing rates for gold to l16 u per cent
weakened long sterling. The closing hguces were
a. S8 400.
GOVERNMENT BONDS
were in good request by both home and foreign
investors and prices were drm. IL IL estimated
that about ST. 60, 900 were taken for foreign &C
count. The close was marked by an advance upon
that of last week. Closing prices of securities In
London have been as loows:-
June 4. June IL. June IS.
o. s. 6's, 5.20's. 1885, old. 1861 1861 1861
L. 5. 6's, 5-20's, 1857. l09& 1o9h 1861
Y. ). 5's, lo-40s...... IO4 l04A lOlh
New 5's................... lo2A 1854 1854
--Stace Jan. l. ls75.--
Z. s. as 52os, 1856, 1854 Apr. % 1851 Apr.
U. 5. o's 5-20's. lS67... 1867 June Is lO91l Way
Y. 5. 6s. 10-40's....... 1929 teo. IL l0554 Feo.
New 5's................ 102 Apr. 10 1881 June 10
RAILWAY BONDS
These were in demand especially the older
classes but IL Is not unlikely that tine great ease
OF money and the inviting character OF many
more OF these securities will induce increased
activity aud nrmness at a not distant day. Gen.
trail and Union Pacihcs continue strong and the
dealings IN them were large. One per cent OF the
outstanding sinking fund bonds OF the Union
Pacihc Will be drawn July Is aud redeemed sep
TENDER l, according to the terms OF the mortgage.
STATE BONDS.
The transactions were moderate. Tennessees
sn4< fha 40 he Iuiv tar
win not be paid. me necessary money, however,
may yet be borrowed. Georgia gold sevens sold
at o. Nothing further is known with regard TO
the negotiations between the Alabama boadnold-
ers ana the state Commissioners.
IMPORTS AND EXPORTS.
IRE imports OF foreign merchandise at the port
or New York during the week are $4,Gs4, co., and
since the beginning OF the fiscal year, July l. 1874
70 the present time, as lohows:-
July..... $50. $50 900 February. $35. $50 900
Augusta. 32,1O2OoO MaIch........ 35,52S, GOO
september. 20 343,00O April........ 2s,6l4,00O
OctoUer.... Is, CS3OC0 May.... ..... 80, $50 900
NOyemDer.... 20, $50, 600 Juue 5. ..... 5.g05 900
December. n 0o6,o0o june 49,. 6,2s7,o00
January. ,.. 24,6s5,0Oo June b.. 4,6S4.OCO
Totalto cate. .................... ssl5 $50. 600
10 same date, ls74...-................ 57o7C7,ooo
Decrease since July 1............... S24, 947. 900
The exports or gold aud silver from New YORK
since July /, 1874, are az foLoWs:-
July. .......... s35o4.OoO February..... Ao41.OOo
Sgggs; S 5s oo9 S Io oSo
OctoDer...... l,6l5,0C0 Mdy........... e,355, 900
November $9 34 June S....... 4'4ls'OoO
January TO- Il9,O00 June l9....... 6,23I,00O
Total 10 date $50, 544 900
Increase since Juiy So, 322. 600