The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-07-29

Mississippi was weak In consequence OF
supposed entanglements with the house OF
Duncan, sherman h Co., and barely held its
own al 22L 22k 22a<. Panama was steady at
1875 a $780, Pacific Mail advanced from 37K TO 3ssf;
the lowest price OF the day was G67S the close
$50. The changes 10 other securities Will be
found below.
THE UNITED STATES TREASURY.
Washington advices state that the syndicate
has he option until November 10 to take the re-
naming s4s5OO,OOO oil the 1--WE per cent loan under
the reiundlng act.
Tue following is the twenty third call for the
redemption OF five-twentY bonds OF 1862 In full:-
TREASURY DEPARTMENT,
WASHINGTON, July 2s 1875
by virtue OF the authority gwen by an act OF
Congress, approved July IA, 1870, entitled IAN act
60 authorize the rounding OF the national dept"
hereby give notice that the principal and ac-
nated known as ''nve-twenty bonds" VIII De
paid at the treasury OF the United states, In the
city OF Washington, on and after the 2Sths day OF
October 1875 and That the interest on SAID bonds
viii cease on that dav that Is 10 say. bonds OF the
act OF February 25 1862, dated May 1862 as fol-
Coupon bonds, fourth series, $50, Nos. %, sol to
25oss, both inclusive; $780, Nos. IS OOi 10 9o,697,
both inclusive $780, Nos. SO pol to 44.24S, both in
elusive; $1,000, Nos. 1OsOOl to 1870 936, botn In
elusive; total, STA, $780, $50
Registered Donds-Registered bonds OF $50 No.
Gig; 500, Nos. 1874 ~ 16 74o, both inclusive;
$500. Nos. 9155 TO o,15s. both inclusive $1,000.
Nos. 1904 10 81 OS7 DOth inclusive; 10000, NOS.
1921 1928, both inclusive; $4,000, No. 1892
Total, s66,65O. Total coupon and registered,
$l4s97, 200. or the amount outstanding lem
braced in the numbers as above) $l4S30. $50 are
coupon bonds and $66,650 registered bonds.
The above mentioned NUMBERS include all the
bonds Issued under the act OF February %, 1862,
not heretofore called In Tor redemption.
United states securities for warded for redemp-
ton should be addressed to the loan Division.
Secretary's OGhcen and all reglstered bonds
should be assigned TO 1.-The secretary OF the Treas
ury Tor redomptlon.n
b. II. BRIsTow. Secretary.
TIE GOLD MARKET.
Gold was unusually active, but the market was
attended with frequent changes. The opening
price was 1l3&, from which there was an advance
to lax. Alter this depressing influences set In
which caused q recession to 1857. There are
curious movements in this market to which 1t
may be unwise just now to alude. but in a few
days the purposes OF some of the leading opera
tors may become apparent and possibly IL
will then be understood why member
of the Syndicate pale-faced ana surrounded by
I'VE or six brokers, was anxiously buying gold
above H. The price to day advanced from 113Z
to 1l42l, declined to 113H. afterward rallied
TO 1881 and finally closed at 113I. The borrow
ing rates were 1872, Lie, 1-64 and per cent
Loans were also made nat and at per cent for
carrying.
OPERATIONS OF THE GOLD EXCHANGE BANK.
Cold balances.. ...................... 81 l4S,SS
Gross clearances. 9192S.0O0
CLEARING HOUSE STATEMENT.
currency exchanges. $62 460,1e1
currency balances. .'.........'.......... 3926,9lg
Gold exchanges. ACKNOWLEDGEMENTS. 6703,157
Gold balances. ACKNOWLEDGEMENTS. 365,963
GOVERNMENT BONDS
Government bonds were lower In the late
afternoon dealings In sympathy with gold,
and closed at the following quotations
United States currency skies, 122H a 122h;
do, do coupon, 1907 a 12l; do. fve-twen-
ties, 1852, coupon lis; do. do, 1854, registered,
116k 116%; do. do, do, coupon, 116H III;
do. do, 1865, registered 118H 119; do, do,
do, coupon, 119h 100; do do, do, new,
registered, 11Ss< 49, do. do, do. do, coupon,
11ss< 119; do. do, 1867. registered, 1914 12Oh
do. do, do, coupon. 1901 1907; do do, 1868,
registered, 1192< 1901; do. do, do coupon. 120x
12OH do ten-forties, registered, III 117X; do.
DO, coupon, 117k 117A; 40. ives, 1881, regis
tered. lis 1151<; do, DO, do, coupon, 1161l
III.
RAILROAD BONDS.
Railroad bonds were firm in the late dealings.
Union Pacific land grants advanced to o9%, and
Central PaciGcs to 1907. Chicago and Northwest
ern consolidated brought 9S, and do gold bonds
IS. Milwaukee and ST. Paul, 1. and M. division,
brought sS7s; Chicago Burlington and quincy
Fights, 113; Albany and Susquehanna seconds
los 4, and Morris and Essex consolidated hrsts,
1887. c., c. and |. c. hrsts advanced from so to
50I, ana seconds sold at 20. The closing quota
lions were:-Unlon Pacific nrsts, 10oN a 101; do.
land grants, e9s< 1907 do. sinking funds, s5k a
o5X; Central Paclncs, 1909 1O1. The freight
earnings Of the Union Pacific for twenty-five days
or July are 1865 Az %, against s229.744 81 last
yearan increase OF sl35, 6e7 So, or dfty,pin per
cent. The Rock Island earnings for the third
week OF July show an increase OF $35, 900.
THE MONEY MARKET.
Money on call loans was In more active demand
ana rated at and per cent IN the early part OF
the day, with closing prices at and "a per cent,
capital being freely offered at these figures. The
following are the Treasury MISUNDERSTANDING,
S. 500 OOo CON- Sos 500, 900; less coin certificates
$23, 0O0, 900. The customs receipts to-day were
100000. Sterling exchange quiet, but firm.
Prine. nominal asking rates. 4s7 and 400; selling
rates, 4s6h a 4.s7 and 4.s9h 4.90; reichmarks,
945< e5 and 95x o57I; cables, 800; prime Paris,
6Iek and 5.1SH.
THE FOREIGN MARKET
LONDON advices report firmness consols and
American securities. The following are late quo
tations:-Consols, money, 94]6; do. account, e4Ka
94A; 100 bonds, old, 1914 1O7K; '67 do,
1857 1oS%; ten-iorty do, 105K 1861; new
nvec, 1887 1o4; Erie, 12H 1873. Tomorrow
Is ticket day and Friday settling day. The report
that the Union Bank OF London is in trouble is
false. There is no foundation whatever for the
statement The market is firm and steady.
Cheap money and public investing overcomes bad
news from the United States. The rate OF dis
count In open market for three months bills is
XaT per cent below the bank rate. The rate
Tor money at the stock Exchange on government
securities Is IL per cent In Frankfort the
following quotations are ade:-Five-twenty
bonds of ls62, 9sa1 Os7s; do. 1864, 1914 s9JI:
old, '65is, 1O2; new. do. 1924 1924