The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-11-28
FINANCIAL AND COMMERCIAL.

HNANCaAA AND COMMERCIAL.
wznsxsDAr Nov IT'D r. NJ
rhs gold Market amer opsnisg a 1sox this morning
ad advancing 70 issx, asvsAspsd rsacsioaary ssa-
ENJOY and decline y 1sek sssk piacs. The closing
nnctions 10 The psios tho adjournnent having
Issa u laok. Subsequently there was some pressure
al. aud the puss dseissd % lSok, out recovery
lso6 followed IAs n ths sfsrsoon. partly In conss-
jusnos Of : report thsl Avsswsntiss had declined
fraction In Londea. Tbs volume Of business rather
zgs. the connctag views sntsrained With respect
Pc financial Legislation In Congress this session having
ne eject or stimulating speculation both FOR rise and
hiL Tne gross ciearngs amounted 70 t7Ooi8 000 the
old balances V 81, 037 u.s. and The currency balances
p 81 28s,s7G the sssauss Scotia took out
loo. 900 frapcs In spscIA n Ne absence Of political
disturbance abroad NE fersiga bankers importer and
hss similarly insssstsd Estimating the probable
laiars courss of the premium On psrsly commercial
osnds and Jus now foreign trade h adverse % IN
lAvaase. the imports bsing . somewhat declining
Icai% while the sxporss ars % rising ono, mainly
Fwng 10 the ENLARGED shipments Of brssdstufA The
political influences u Aons. however, and the fact Of
nors than ave hundred and nfty millions Of American
sourtes being held Europe about shrse hundred and
v miIcns Of vhish United States bonds are sui.
cant 70 keep the premlum considerably higher than
h vssId b. II governed ssisly By commercial oanssS
rhs returns & shs fsrsisn trade Of shs post
lAsw shss our sxpers IN October were valssd
nearly two millions and half mon IN cur
kncDtbs shsss fos the corresponding month last
|ksas. tho total having bssu e1S. 603 2s2, against
2ss; but To- the nrst ten months Of the year
HAsy more than twsnty-ons millions lighter than
|p ths consspsndiag months Of 1sos-namsly.
Die2 11o eos. againa osls AL esq The import trade
sAews considerable failing on compared with the
pguss Of iass year The fsrsisa imporassns other
Man specie In October valued u SIS 0756o7 In
sa. exclusive os freight charges and duties sgaass
No ~ SEQ IN The sAns month lass year; while the
1gHAs Of the ten mentha beginning with January,
lse moro shaa thirsy-ssssn millions lighter
bAaa In the csrspeaAips period Il lsse-nansly,
ezN. sAa,ssa againss ess7.eas ga rhs difference
Iseuid b sill greater II W included the entries
- pscio from foreign pcrss. which amounted to
Ie4se2oo in The pssssns year. agains $500 500 for
Ne sane hme In 1884 Ths Import returns for the
sill the lsrgsst 10 the history Of the port with
exception Il thoss a. last year. large Increase in
hs Trade having sniy begun IN August 1895. Tho slight
improvement which now felt In the export move
nsns encouraging bos the capacity Of the foreign
|gsing vessels In pert largely exceeds the bulk Of the
psoduos awaiting shipnsak
Tns stock market Arm but owing 70 Che approach.
ing holiday many Of the brokers aud professional specu-
listers len the street early 10 the day. and there was in
poassquencs Len activity In railway shares than there
eosh have otherwise bscn- There was considerable
Auying "covsr'' "shorts'' IN Pacific MAIL and the
ptock had rmsr appearances than 1t has shown Of late
hu the short" interest bassd upon the results Of the
opposition line To California u still very large. The
sliig In the general market Il becoming isss bsarsh,
ad With suspsnasa q cunsaey contraction active
bul speculation b anticipated By the great majority.
uf On the Stock ExchAsge in the world q large,
phsrs 10 no knowing what day may bring forth, and
Shsrs afs always beam Watching for opportunity 70
Dsax down Whatever he bulls buid up ,s
! The demand for msnsy IRON the Stock Exchange was
olsrass and frssy nes ~ The banks ana other lend
~ institutions q per osn With transactions In
ppns iasancss = sir There YES no reisf expsrsncsd
the discount line however, owing 10 ne prevailing
Hisfsua OF crsdita On the street prime paper passs
aowiy q 10 pr esaa bus The banks discount 70
rsr limited extsnt foe their customers 1t seven The
raln Of currency - and from the West b about equal
md the remittaness ssosAward are very Light
! A. tbs conmsnesmsaA a basns1 che Stock market
ss arn and moderately acve and - The early session
r the open board thsrs v wsll dssribatsd volume Of
transactions in ali ne leading railway shares and Also In
NE express stocka = improving nsuzsa New. York
Csnsn sold 1t llsX; Eria 11x; Reading cox; Michi-
m Southern soK; nhnsh Csntsal lsoK; Rock Island,
bax; Northwssssn, SIX SIX; Do. preferred, OK
NIX; Pacific Maj. INK Ia; Wssssn Uaisa Tsls-
xnpE, ssx say & s
! A the ass regular ssard ne market Va Hrm,
especially for Michigan Southsrs, Rock Island North
Ssstsn preferred and Western Union Telegraph. The
bxprsss shares including Msrchanss' Union. also
m q further hight advance but the purchases Of
xss ~ connnsd q the parties manipulating them for
rsss New York Central closed u higher than q the
sHms time yesterday. Erie y. Reading y, Michigan
poushen 1, Rock Island ". Northwestern preferred
sx, Pacific Mail Atlantic Nail y, western Union rels-
ersph AZ Northwestern was y lower, Ohio and Mis-
Dsuippi certificates y. Quicksilver y. Government
pscusitlss steady. Coupoa nvs-twsntiss Of 1902
kossl lower issus Of 1855 n. coupon tsn-foriss ~
hvs-swsnHss q 1851 were higher, ssvss-shirtss.
hscond SORES, " Tennessee sizes now, advanced Il,
ma North Carolina SKIES declined Y.
A the open board a one o'clock the market wss quiet
kus arm, and New Yo Central sold atll3zs; Ens 71H;
beading, ss,s Michigan Southern, sos; Cleveland and
tssbarE, say; Rssk Island, ss1<; Northwestern SIX
h7x;d de- prsssd OK oho and Missisappi certificates
RsK; western Union Telegraph. ASK SIX; Psciae
h6siI, ia lax. There wss No late ssenacn either
X ne regular q OPEN board in view Of tonor-
kow being Thanksgiving Day, and - the iasssF
y isgni holiday win b. observed BY
btai suspension q busIss9 both 10 and OUT Of Wall
nsrsst including NE banks aad public scss. Dur,as
M rsss Of he afternoon there ~ nrn but duli mar
Ret for socks Of I'll kinds and q he clos soon After
i've O'Clock the following quotations were currsns--
blew Yerk Central. llsX ia; Erie. 71x 1lx; Hud-
- River. las 10; Reading, sok ssx; Aichigas
usushsm, 90 . e0k; Cleveland and PitssburE. sax
NIX; Rock Island. TX esh; Northwestern, SIX
bsx; d. preferred sk s7K; Pscins Mail, l22x .
hn: Ohio and Mississippi csrsineasss. 2SK 2ex;
wsssra Uaioa rssssraph. Az ARK. ts
me prices - Ne lssding stocks - Ne nvss board
RssssrdAy sad - shs ss time lest year together with
khs dinsrsross, are svsa below 4.ss X i,
leee. 1851.
Mos. -. Nos. -. Hokw. Lsxw.
4sw Ysrk CsnosAl. lilo 113k ~
H.: ;ai;.;:@:::..:,s -. 81 x
Koodlng. .s...AlSA In
miehiean Houtbosu..... olX tx ~
blevenn1 anx tRitAsburg - -
- I1land .........lozx - - 81