The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-03-13
The New Call Loan and Its
Prospects.
REVIVAL OF BUSINESS.
Gold Lower and Money Easy and
Abundant.
GOVERNMENT BONDS FIRM.
WALL STREET,
W ALL SIHEEI,
FRIDAY. March IL z. III

FRIDAY. Marcn 1t +. NJ
the chief point OF interest in this locality Is still
the recent call OF the Secretary of the Treasury
and It's ultimate effect upon the respective mar
kets. II has raised question that largely divides
the opinions OF the acutest observers. and is not
likely 10 be determined until after the end of
three months, when the practical results may
show themselves in the list OF Killed and
Woundedn among those who have entered the
aeld OF speculation. or the registered bonds 1t Is
generally conceded that the entire amount-to
wit, So 25O--is held in this country, so that
the gold paid for them will pass from the Treasury
into the bank reserves, and perhaps be renvested
In other bonds Concerning the coupon bonds,
amour ting to S24 600 OOG it Is idle to speculate,
because we nave no data as 10 the amount held
abroad OK at nome. Some of
THE BANKERS
believe that we hold about $4,000, 600; others that
the sum Is not less than $1O 000, 900. Whatever 1t
may be. however. there Is yet no assurance that
the country may not be called upon to export
gold. or that the Syndicate Will meet the very de-
sirable success OF replacing the bonds thus
SCALED" with the new nves. 1t is logical to be-
ieve that the action OF the Secretary Will
strengthen American credit abroad and induce q
larger investment in our securities; but would 1t
not have been better Tor us as nation to have
poured into our own Golfers these precious mill
ions and thus stimulate the trade OF which we are
10 much in nceds The immediate eject OF the call
has been encouraging.
GOVERNMENT BONDS
are stronger and In more active demand. The
following were the closing quotations :.United
States currency skies, 119k 1925; do. do. 1884,
registered, llo3S l19X; do. do, do coupon, 12Oi
1908; DO. nve.twenties, 1882, registered, 118A
III; do. 40, do coupon, 1851 III; do do. 1854,
registered, 117Z 1ls; DO do, do, coupon, NIX
11sX do. do, 1885, registered, 11s1s 1l9K; do.
do, do. coupon, l1oX 100; do. do, do, new,
registered. 11sh 1881; do. do, do, do, coupon,
11sK l1sX; do. DO. 1857. registered, l19,x q
1l0X; do. do, do, coupon. 1l9x q 119X; do.
do. 1868, registered. 11oA 119X; do. d., DO,
coupon, 1l9H q 100; do. ten.torties, registered,
llsX 1l4x; 90. do, coupon, 114k Q 114K; do.,
nves, 1881, registered, 1l5 q 115X; do. do, DO,
coupon. 1l4X 1l6X.
THE BONDS REDEEMED
at the Sub-Treasury to-day amount to $o17 900. OF
which It is said about 5000. 600 under the
cent call. The other business Of the Treasury
was az foNows:-
The Assistant Treasurer paid out $4,000 on &C
count OF interest
The customs receipts were $Iol. 900. From In.
ternal revenues, $24e, 800.
THE GOLD MARKET
was likewise influenced by the movement in
called Doncs and the rates were lower. The
opening price was 1861 and the close 115k. These
we're the extremes OF the day. There still must
exist stringency, however. The bank statement
will tomorrow, 1t is claimed, show heavy falling
or of gold. The rates Tor borrowing were 3.a2, u,
l.1e 1.32, 1854 and 1.64 per cent. Loans were also
made nat and at per cent Tor carrying at the close
OPERATIONS OF THE COL n RxCHANCE pANr