Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1866-12-01
MARKETS BY TELEGRAPH.
New York Money ana stock MarKs

New York Money and Stock Market
NBw YoRK. Nov. 3O.-The stock exchange
business is dull. There is disposition to defer
transactions IN anticipation of the opening of
Congress, but the tone of the markets.. upon the
whole more buOyant than on Wednesday Erie
and Michigan Southern are friction lower. In
the miscellaneous list the principal activity was
in Western Union Telegraph. which advanced
14c on quotations. which are 394c lower Gov
crnments are quiet at about the ordinary prices
Foreign exchange opened firm The Post says
sterling was quoted at 1927. Bills are scarce,
AID the demand more active. Gold Is inactive,
From u to re Is paid or longs Money quiet
with but little demand for either loans or dis
counts. and the rates show an easier tendency.
The banks are gaining in deposits, but are still
disposed to adopt cautious policy.
EEw YORK, Nov. 30.-The Posts money arti-
Gle says the loan market is abundantly supplied
at 6 per cent, with exceptions at 5. The dis
count business continues light. The current
rates are for very choice and shOrt6 per ct 7H7I5
for choice names. The return flow Of greenbacks
from the West and other points. excels at pre-
sent the drain to the South. as there is thus an
increasing amount of Z eacy with which to do
business, and as the reserve of the banks is no
longer being impaired it il regarded as probable
that we shall nave a continuance in the money
market for some time to come; and this opinion
is rendered the more probable by the plethora Of
disengaged capital seeking Investment on call.
The stock market opened dun bat firm. Gov
eminent securities well sustained and firm for
those of 1856 which are wanted, and the 730s of
I'd and Sd SERIES for which there has been con-
stocks quiet. Railroad bonds hrm.
Bank stocks fat. Railroad shares are inactive
but there is more disposition to buy, and quota
tons are fraction better, the low priced wes-
tern roads being most in favor. After the Board
met prices were better; Erie closed at 7lH n.
W. rose to 431s:lN. w. ptd to 10. Foreign ex-
change bills at go days on London quoted at 1881
@l09 for commercial 109H3I Og14; for bankers
%. at short sight ll01sgllOH.
New York Market.
NEW York. Nov. sO.-Cotton dull and fully lie
lower: 331z@34 for middling uplands.
superfeno western; so 909l2 % for choice,
$40 BOIL 40 for common TO good shipping
brands extra Rhode island.
Wheat receipts 81 $50 bushels; heavy and ga &c
lower: sales 10000 bushels at 81 90 for No. Mil
yankee and 50 1902 p for Ne. 2 do. Rye quiet
and heavy Barley dull and 2G3e lower: Cana
da West in bond nominal at gjG99 Corn heavy
andil92c lower; sales Of73O0O bushtl at 81 20 for
shipping mixed western in store and Rhoat, and
81 n for old white southern.
Receipts of oats 1880 bushels. Prices dull
and declining. Sales 10000 bushels at 6l@63 for
Chicago and Milwaukee. Coffee dull and heavy.
Sugar dull. Sales, Is hhds Cuba 1O9l1. Molasses
dull Hops quiet and iTTImer 99c for 1i Al kinds
31932 refined in bond. Pork dull and lower
Sales 435 barrels at 81 1922 81 regular for cash
new mess closing at S2l 81 for cash and Sl9 5O@
% so Cor prime. Also 1900 new mess $21 20@2l
IS. Beef heavy at previous prices. Hams and
bacon dull, Sales 10 bbls 12lI6ql3Z; Cumber-
land l2pl21%c; 10 shoulders sold at l79l31zc.
Lard heavy and dropping. Sales Of $50 bar
rels at 12af4c, the latter being the extreme.
Butter dull, at 55630c for Ohio, Cheese heavy.
Money easier at sos per cent. Sterling quiet
and firm at 1039l091z.
Gold opened at I4v3z. declining to l4O}z. and
closing at 1903. Government stocks steady.
The second board market was very strong; 5-20s,
1854 coupons, 1867 1865 do. 1917; new issue,
1881. Exchange very active; go days, 1890
1921; sight, jO03s. Money s per cent New
York Central. 113; Erie, 715s; Michigan Central,
ll2k; Michigan Southern, SlSs; Pittsburg S j;
Northwestern, As; Toledo, ll35<. 4 =