The New York herald., 1875-07-20
NEW YORK HERALD TUESDAY JULY 20 1875-TRiPLE SHEET

20 llsX. the lowest figure OF the day. the other
extreme being 1t47S as above, closing at ia. In
the GOLD loan Market the rates were to per
cent per annum and 1-64 OF per cent per day
for its use The gold clearances were S36 $50 600;
gold balances, $1,127,54; currency balances.
81, ,3O2 TAT. The Assistant treasurer paid out TO-
day 1927 900 account OF interest and s43, coo on
redemption OF Ave twenty bonds. The Treasury
balances reported from Washington to-day are -
Currency, $3,330,000; gold coin, SOS, ,OO0, OoO or
which $23 $3.50, 900 are certificates. IL is scarcely
necessary to enter into any analysis OF the innu-
ences operating to iurther reduce the gold pre-
MUM to-day, but it may be said that the candid
exposition by the Secretary OF his purpose to
manage the Treasury upon business prin ,iples and
use all the powers conferred upon him by the
act oil 1875, for he purposes mentioned IN such
act, has given greater confidence on the street as
10 the certainty OF resumption in 1879 than Was
before felt, as well as called crth higher regard
for the ability OF the present Secretary than was
ever accorded to his two immediate predecessors.
The customs receipts to-day were $45ooOO.
THE MONEY MARKET
presents no new features, call loans ranging rom
IL TO . per cent. Prime commercial paper is IN
demand, with a limited supply, discounts ranging
IRON ga to Ter cent.
FOREIGN EXCHANGE
was steady with fair supply OF grain bills Offer
ing. Asking rates for prime bankers sterling
were 4s71a for sixty days and 490 Tor sight, with
sales Tor long at 4s6h 4.S7, and sight IN good de-
mand at 4.yO 4.9Oh Rechmarks were quoted at
e5 a 95h. Cables in good demand at 95H. Prime
Paris, 5.l63s 5.12h.
THE LONDON MARKET
reports show British consols and American Sc
curltes firm. Closing prices, half-past four, p. M,
were as loliows:-Consols tor money. 94 1-16; do.
f0r aid
1s67s. 1O7A; ten-forries 1O41s 1O5; new 1ves,
1929 1903; Erie, 1917; do. preferred, 2sK. The
Bank OF England gained balance to-day Of
9183, 900 bullion. Money on the Stock Exchange
was per cent on consos, in the open market
for three months bills ~ "a, or u TO u per
cent below the bank rate.
GOVERNMENTS
were generally quiet, and d TO per cent below
Saturday in some OF the issues, consequent upon
the lower range OF the gold premium. The follow
ing were the closing prices s:-Unted States cur
rency skies, 122h 1873; do. skies, 1881, regis
tered, 11sT 100; DO. do, do. coupon, 12l2&
12lA; do. 1ve-twentles, 1862, coupon, 1l524; do.
do.. 1864 registered, NIX do. do do, coupon III
a 117M: do, 1865 regis tered, 11Sh 1l9; DO. do,
do, coupon, 119,S 1194; do. do, do, new, reg
istered, 11s1 11SA; do, do. do, coupon, 1181a
1lSM, do. do, 1867, registered, 120 1908; do.
do, do, coupon 12o a 1204; DO. do, 1868, reg
istered, 1l9A 100; do. do, do coupon 119&
12o; do ten-forries, registered, 1l714 ll7%; do.
DO, coupon 1171a 49, 40. ives, 1884, registered.
1l5A 1l5H; do. DO, do, coupon, 116zS H.
STATE AND RAILROAD BONDS.
State bonds were neglected excepting Tennes-
sees. Railway mortgages were In fair demand,
Chicago and Northwest consolidated coupon gold
bonds being the feature OF the list, ana advanc-
ing SO to S41a selling later at s4A. Sales OF
these several securities will be found In the off,
cial list. The Pacific mortgages closed, Union
Pacific nrsts, 1Ol11 1o12l; do. land grants, e92s
o9h; do sinking funds, 95X 96H. Central Pa
cinc, 1ol 1o1H.