The New York herald., 1875-07-19
The following were the closing prices at three
GOVERNMENTS


were without special feature during the week
and were, seemingly unaffected by Mr. Bristow's
new departure. Toward the close prices went Off
slightly in sympathy with the decline IN the gold
premium. The following were tue closing figures
Saturday limited States currency skies, 122H
a 122zs; do skies, 1851, registered, 119% 1905
do. do. do. coupon. 121k 1z2; do. nve-twentles,
1852, coupon, 115S ll6H; do do. 1884, registered,
1175< q 1171 do. do. do coupon, 117H 117z do,
1855, registered, 11sA 1lo; do. do. do, coupon,
119I 120; do. do. do, new, registered, 11sX
119H; do. do. do, coupon. 11sX 119H, do. do,
1867. registered, 40 l2o1<; do. do do, coupon,
1901 q 120x; do. do, 1858, registered, 100 a
l2o1l; do. do. do, coupon. l2O16 l2oK; do. ten
forties, registered, MY 1171s do do., coupon,
1l7ss 117zt; uo nves, 1884, registered. 1l5S ll6;
do. DO. d., coupon, 1171@ a 117h.
THE GOLD MARKET,
after the recent aoortive attempt to bull II, fell
again last week into the familiar rut OF manifest
destiny, the price going of from 115X to 114X
which latter ngure 1t reached Saturday, closing
later at l14z This result Is directly referable TO
the action OF the Secretary or the Treasury under
the act OF 1875, known as the Specie Resumption
act. and the large discretionary power 1t was
found, upon examining his authority for sucn
action, tnis bill conferred upon him. It was ike
wise helped by the inability OF the spectators in
the "iong' side to carry their gold any longer in
the face OF a steadily declining market A con-
siderable ''short" interest Is, however, reflected
IN Saturdays gold loan market, where from to
per cent per day paid for the use or gold, and
l-e4 OF / per cent for the same to Monday.
THE MONEY MARKET
showed no change or ofimportance during the week.
call loans being freely made at 4 to 2H per cent
with per cent as the highest figure at the close.
Prime mercantile paper was quoted 3h to s per
rrt.o
this morning. shows only unimportant changes
from last week, except in the item illegal tenders
which show an increase not readily explainabe,
OF over 1884, 100, while the increase IN deposits
only $42l 400. Gold, TOO. exhibits an increase of
ST. 100. The surplus reserve Is s2s053. $50 which
Is an increase OF $50 over the previous week.
Foreign exchange was weaker lor bankers 80
days sterling upon the increased Offering or CON-
mercial bills, but nrm for demand. At the close
the market was steady
WESTERN TRADE PROSPECTS.
Quite O number OF large buyers from the West
ani North nwest are reported in the city making se-
lectIons for the fall trade. It ts understood tnar
stocks are low in botn these sections or the
prospects and outlook these merchants an tiolpate
much improved condition OF aralrs in respect to
trade the coming season.
OUR BORROWING CAPACITY
The London InuestoTs' Manual furnishes some
interesting Statistics concerning American loans
effected In London and on the Continent during
the nrst quarter OF the current year. These were
asked for by eleven separate corporations, ana,
with q loan OF $4,000 ON New York real estate
aggregated t23 7es, 76o against $2I 2s7 400 during
the same period last year. The western Union
Telegraph Company obtained for tneir ponds
marketed during the period named tnis ) ear,
$23l7,4o0. 1t is now stated that this company,
having withdrawn the gold loan recently offered
by them to take up other loans due November 1
next, they have successfully negotiated in its
stead seven per cent currency loan, and are now
prepared 10 pay principal aud interest OF onds
maturing at the daie mentioned, with accrued
interest upon presentation OF the same OF their
ONCE.
Mr.. JKwETT's RECEIvERsuIP,
It would seem, VIII not be easily vacated as the
rumor COMMITTEES on the street assume. Hol ding
appointments from the courts OF this State ana
New Jersey the following Is the record OF a third
commIss on:-A bill IN equity was nled In tue
County Clerks ONCE ut Milford, Pa, Oh tue 7th
inst, by The Farmers Loan and Trust Company
against the Ere Railway Company, upon tne con
solldated mortgages Tor So, 100000 Ths next day
the suppona was served and ihs Court oil Com.