The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-06-15
principles are showing their euect. the following


Currency balances 5ioao'e9a
Gross elearances .................. Sl,ZozVVo
CLEARING HOUSE STATEMENT.
Currency EXCHANGES. $50 l9lseo
currency oalances = kooo12S
SOu eAcAahGeS. $780,
SCla oaauces. 0s'I''o
GOVERNMENT BONDS.
These closed firm at the following quofa-
mons :-Uni,ed States currency SKIES l22K q
l22A; 60. a.. 1851, registered, l2o& 12o3 20.
do, do, coupon, 1853 10; 40. fve-Iwenfies,
1862, registered. us; 90. do, 40, &oup0nv us
lls4; Do. 40 1854, registered, nSfG llSx; DO
DO, do, coupon, llsA 10; CO. 10, 1854 regis
tered l20H a III; do. 60, DO, coupon, 1874 a
1923. 40 40, 90, new register ed. 1909 a 1903
40, DO, Co. DO, coupon, l2S3/a ia; 40 do 1867,
registered, 1907 al2lA; doSdo., do, coupon, l25
i l25k 90 40, 1868 regis0sreu, 1905 aI2lA; do.
40, 40, coupon, l24A-a 1875; 40. ten-forties,
registered, ~ llss 40. do. coupon lls a
L9A: DO, nyes 1881, registered ll7k lls; do
DO, 40, coupon. lie a1Is1.
TegEIUS ADvIcEs
Cable dispatches report gala OF 6l54, ocU ster-
ling IS the Bank OF England on balance today
ana an expectatcn that tue bank will reduce lis
minimum rate Of discount on Thursday next The
BANK has again reduced the purchasing price OF
German gold coin I'd. The market for securities
nrm The following Is the halipast Jour
=. NJ. report ;-Consos for money, 98h 9334; con-
soils for account 93h % Sic; 1875 bonds SOLD at
1861 loeA; 1867 do los1S; ten-lorty do, lo41;
new nyes, 1881 1898; Erie, l49l AlAs; DO. pre-
ferred, ~.
RAILROAD BONDS
me business IN this department was not active
but the market shows nrmness. Union facnc
nrsts sold 1t 1897, SINKING iInds q, %, Central
Pacincs los, DO san Joaquin branch at 92fs, Cali
fornia and oregou branch 81 % ana western Pa
cilcs a. OK. Morris ana Essex hrsts SOLD At
1lek, against l11h on Saturday; seconds selling
az 1857 los, and consolidated az 1929. Rock
Island seyens were reported lower selling &c
ITO O.. Z. and ]. 9. nrsts declined 10 - They
we're nrmer IN the late afternoon dealings. Union
Pacific frsts SOLD al 1887. The other issues were
he'd 1rmy. Erie nrsts SOLD at lo244 ana thirds az
s5, ag4ins. 81. on saturday. New Jersey Central
nrstS new sold &C ia
MEMORANDUM.
The report tna' Reading has passed It's regular
quarterly dividend mas not been ofneially con
armed Is YET. IL Is generally believed that II II
strike continues the dividend wiz be passed; but
Notwithstanding This the stockholders Will be as
sured ten per cent Tor the year.
IL is part or the gossip or the street that the
Union PacInc, Kansas Pacific, Kansas City, 81.
Louis ana Northern and Hannibal and 81. Joseph
companies have maze arrangement Tor a
through line from 81. Louis % san Francisco.
There is another story extant that Erie, Lake
shore ana Southwestern are lavoraDly regarded IS
the chief connecting links between New York and
Omaha, and that the present low prices are being
taEen advantage or by those VINO ara supposed
to seek Tie establishment Of q grand trunk line
between the Atlantic and Pacific coasts.
The coupons Of the Buffalo, New YORK and Erie
road. as well as those o. me Long Dock oonis, are
being paid BY tie receiver or the Erie Railway.
Philadelphia stocks are reported as excited.
W. quote to-day's transactions as iolows:-Penn-
sylvania skies. third issue, l12h; Reading Rail
Ioaa, 53s.; gold, ll6s.; Philadelphia and Ere
Railroad. 2o5S Pennsylvania Railroad, sos.
ghe Erie books FOR the annual election closed on
Saturday, 50 that the company is not affected BY
the Railroad bill sirnee By The Governor
The latter provides FOR postponements OF cleo
tionA, allows companies IN gnis state 10 rod ana
operate mineral lands IN another State, and re-
peals 50 much Or the law OF 1893 as prevented tne
stakeholder. director. or osicer OF the New York
Central HUDSON River aud Harlem ROADS rom
becoming director Or oriIer or tne krie and al
lowed Classification OF directors
NEW YORK STOCK EXCHANGE SALES