The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-18

account Of interest and SO 900 in redemption OF nve
twenty bonds
The Treasury holds s22 TOO 900 in legal tenders
for the redemption OF national bank circulation This
accounts for tho apparent discrepancy between tho
OF bonds held TO circulation and circula
tion outstanding
No order has yet been received at the subTrcasury
New York respecting the payment OF silver It
is understood that all fractional notes for which
Is desired Will, under the orders DO issued have TO
be TO Washington for examinations that then drafts
win DO returned the Sub-Treasury here and else
where which viii DO honored in silver l. Is
known that there Is In circulation less counter
felt fractional currency and the system TO be adopted
will its detection.
THE FUNDED LOAN or 1851
Secretary Brstow has just issued notice that sealed
proposals will be received at the Treasury Department
until twelve O'Clock noon the I'D inst, and be
opened Immediately thereafter for tho sale OF five
cent coupon registered bonds OF the funded loan Of
1881, authorized by the acts Of July IA. 1870, and
January co. 1871 bearing interest payable quarterly
from May 1875 In lots Of not less than $500 900 to
the total OF So sss Oo0 These bonds will be
sold for gold, and payment thereof must DO made
within five days after the acceptance by tho depart
ment OF tho bids Each bid must be accompanied
by gold deposit or per cent of the thereof
and no bids than par in must be considered
Payment may be made at the onice of tho Assistant
Treasury OF the United States, New York, and bonds
will be delivered at tho Treasury in Washington or II
preferred the Office of the Assistant Treasury of tho
United States New York, at the expense OF the pur
chaser The department reserves the right to reject
proposals that not deemed advantageous to the
government Proposals shall DO marked s'Seaed Pro-
posas for Loan and addressed the Secretary of the
Treasury.
THE roRvlCN MARKET
Owing 10 tho fact that Easter Monday is observed ms
holiday in England we have no London quotations.
INVESTMENT SECURITIES
Investment stocks were in good request and brought
the following figures :--Ptsburg and Fort Wayne,
lo2k; Chicago. Burlington and Quincy ITO; c. G., G.
and l., 534 81; Rock Island, l04; Central New Jcr
sey 99a4 a 1907 1907 1905; Illinois Central 90;
Panama, 12s a 127H; Delaware, Lackawanna and West
ern 1l4s1 Now York Central, liz 1927; United
States Express, 72h; American, 90; Adams, 1o75a;
Producers Consolidated Land and Petroleum Company,
1854 100 1924.
GOVERNMENT BONDS.
Government bonds closed steady at the following
quotations United States currency skies, 126 a
126h; do. do, 1881, registered, 1917 121A; do.
do, do, coupon, 122 l22H; do DO, 1865,
registered, l14ss 1l47s; do do, do, coupon 1177s
11sIs do do, do, now, registered, 11S7s 1l9; do.
do, do, coupon, lls% l19; do do, 1867, regis
tered 120a4 III do do, do, coupon, 1909 1908;
do. do. 1868. registered, 1921 1928; do do, do,
coupon, 122k 1885, do ten-forties, registered, III
a 1l7h; do do, coupon, lis l1ss; do nves,
1884, registered 1864 1865 do. do, do, coupon,
lis 11sA.
RAILRoAp BONDS
Railroad bonds were duh and in some instances
lower Toledo and Wabash nrsts however, sold at IS
"a The following were the latest b!ds:-