The quotations for Three years Compound Interest Notes on each Thursday of the month have been as shown in the following statement: 105% 106% 105% 107% 107% 100 100 105% 99% 99 994 99% The first series of figures represents the buying, and the last the selling price at the first-class brokers' offices. The total number of shares sold in the month of January, 1866 and 1867' comparatively, is shown in the following statement: The amount of Government bonds and notes, State and city bonds, and com. pany bonds sold in January, 1866 and 1867, compare as follows: The following are the closing quotations at the regular board to day, compared with those of the six preceding weeks: The price of Five-twenties in London has been, upon the whole, sustained, notwithstanding the unfavorable effect which at first resulted from the introduction into Congress of measures looking to the impeachment of the President, and at the close of the month prices show unusual strength: COURSE OF CONSOLS AND AMERICAN SECURITIES AT LONDON-JANUARY, 1867. 3 72% 81% 45% 72 81 45 Saturday .15 91% 72% 81% 44% .16 90% 72% 81% 44% .17 904 72 81 44 Lowest.. Cons Am. securities. for U.S. Ill.C. Erie mon.5-20s sh's. sh's. .18 90% 72% 81% 43% 19 904 72% 81% 44% 201 21 90% 2% 80% 43 .22 90% 72% 81 43% 23 90% 72 80% 43% .24 90% 72% 81 434 25 904 724 81 432 26 91 7234 814 43 27 28 91 73 $1 42 .29 90% 734 82 40% .30 90% 73 814 39 31 90 72% 81% 39% 91% 7% 82% 46% 90 72% 80% 39 The Money market has shown a very decided stringency throughout the month. In all parts of the country there have been complaints of a scarcity of money, and balances held at this centre have been naturally drawn down. The exports of cotton from New Orleans and Mobile have called for considerable remittance of currency to those points. While the general rate on call loans has been 7 per cent., yet the prevailing lack of confidence has caused money to be offered to the best borrowers on easy terms, and on Governments heavy amounts have been placed at 5@6 per cent. Discounting has been severely checked by the prevailing mistrust and by the high rates on call loans, but at the close of the month a healthier tone prevailed with respect to commercial paper, transac tions being larger and at easier rates. The following are the rates of loans and discounts during the month : The month opened with considerable speculative activity in the Gold market, but the subsequent excitement in stock movements diverted attention from the gold room, and only on the last two days of the month was there any disposition apparent to renew speculation upon extensive scale. The large supply paid out by the Treasury upon January coupons has kept the market abundantly stocked with gold, and prevented any vigorous combinations for forcing up the premium The price opened at 1327, advanced to 1377 at the middle of the month, and subsequently fell to 134, closing at 135g. The amount of treasure received at this port from California and foreign ports and the amount exported therefrom to foreign countries during the month of January, 1867, was as follows: Movement of Treasure at New York, January, 1867. Treasure received at New York from California... $2,472,895 146,000 $2,618,895 2,750,000 131,105 Compared with the returns of the ten previous years the following results : COMPARATIVE MOVEMENT IN 1867 and the TEN PREVIOUS YEARS. 1858 3,173,219 309,572 3,482,791 4,745.611 1,262,820 1857.... 2,730,007 886,509 3,616,516 1,307,946 2,308,570 The Foreign Exchange market has been high and firm, but towards the close feli suddenly and weakened. This latter movement is due to the large shipments of cotton and Government bonds which were made in the early of the month. The following table shows the daily range for first-class bills: Days. 1 2. 8. 4. 5 6. 7. 8. 9. 10. 11 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22 23. 24. 25. 26. 27. 28. 29 30. 81. Jan. Year. 1094@109% 5164@515 41%@41% 79 @79% 36%@36% 72% @72% Returns of the New York, Philadelphia, and Boston Banks. Below we give the returns of the Banks of the three cities for the month of January. |