The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-16

and lowest prices OF the day.
THE MONEY MARKET.

THE MONEY MARKET.
Money was freely offered to-day at az and per
cent Commercial paper remains at recently
quoted rates, prime mercantile being In demand
at 8 and 6H per cent, according to date. Sterling
exchange was very firm. Prime, nominal rates,
ls6h and 400; selling rates, 4.S5Z 4.s6 and
4.sox 4.s9H; Continental firm. Reichmarks.
.95K 95A and 96H 96H; cables 95I 81; prime
Paris, 613Z and al0ss.
THE GOLD MARKET.
Gold opened at 112, but under the Influence Of
the various opinions concerning the effect of the
Presidents Message on the subject OF specie pay
ments and the probability Of q formal adoption OF
his views, receded to l1lX. closing, however, at
1l2. 1t Is not improbable, however, that other
influences are at work and that the near future
will witness sharp upward turn. Scarcity
augments value. Large operators who can afford
to wait recognize this TACT and are counting on
larger figures than those which rule at present.
The engagements OF coin for tomorrow amount
to 100000 On gold loans the rates were 2, a. ga,
3, az and per cen: for carrying.
CLEARING HOUSE STATEMENT.
currency balances. Observation-Disclosures. 3,4S3, 900
GOlO exchanges 9,O4O, AS
Gold balances. Observation-Disclosures. l,l33,422
THE FOREIGN MARKET.
Foreign advces are generally unimportant.
ConsOls are steady. United States bonds easier
and Erie lower. The rate Tor money at the Stock
Exchange is az per cent, or u per cent below the
bank rate. In Paris rentes are quoted OF g.. 35.
Consols for money, 92A a 92h do, account, 923I
q 92k; 1865 bonds, old, 1o71s 1913; 1857 bonds,
1917: ten-lorty bonds, lO43S 1O4H; new ives,
1929 lo2h; Erie, 26A 263<. Market dull.
UNITED STATES TREASURY.
The currency balances are as follows Cur
rency. $lo,7l4oSl; special deposit OF legal tenders
for fha rado NJ Of
$44o35,ooo; coin dncIuding coin certificates,
$2s, o47, 1901 s7l6O4,967 outstanding legal tend
ers, 1882, ooo 900. The receipts from customs 20
day were S294 900; from internal revenue. $3.50 ooo
The Sub-Treasury paid on account OF interest
$24o,oO0 and SAC, 900 In redemption OF dvetwenty
bonds. The national bank notes received for re-
demption were $s5o00o. The total payments by
the Treasury on accoun. OF the January interest
to date are $l3,206,OO
SOUTHERN BONDS.
These were without feature and transactions
were small. Missouri sixes long bonds, sold at 95
a 94X; Tennessee skies, new, ex coupon, at So q
53h SO. South Carolinas are steady Louisianas
are dull aud lower. Georgias generally firm.
RAILROAD BONDS.
New York Central first coupons. sold at l12 a
ll2,.; do. SKIES, 1887, 99h Chicago and Rock
Island sevens, 1859; New Jersey consolidated
103x; Chicago and Northwestern consolidated,
ok OIL; Erie third, 1ol; Alton and Terre Haute
l05H; wabash hrst ST. Louis division. 65; Union
Pacific sevens land grant, COX; do. first, 9ls /;
do. sinking fund, Sly; Pacific OF Missouri second.
so 1917; Wabash second, 90 82h; Great West.
ern first, SOY; Chicago, Burlington ana QUINCY
eights. l12; G., O. and ]. G. first, 6sS so SO
Western Pacific, s5X; Central Pacific, California
and oregon branch, s3A; DO. first, San Joaquin
branch, SAX; Central Pacific gold bonds 93A "a |;
Ohio and Mississippi second, 80; Hannibal and St.
Joseph egnts, convertible, 80; Gaena and Chicago
nrst, 1904; Michigan Central sevens, 1927; Michi-
gan Southern second l01H; ST. Paul nrst La.
crosse division, ss; do. 7 8-lo, 95.
The imports OF dry goods for the week were
$2,943, 255. and the amount marketed 81, 30s,714.
GOVERNMENT BONDS.
Government bonds closed quiet at the following
quotations limited States currency skies. l17K
al17k; do. do, 1881, registered, 11sX 1881 do.
DO, do, coupon, 1lsK llsx; do. nve-twentes,
sa2 registered. lax 114x do. do. do. coupon,