Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-12-24
New York Money Market

| New York Money Market
NEW YORK, Dec. 23.-Money is firm at
per cent gold. Gold heavy at 10Sb6O Ss.
| Government securities are duh but steady.
State Jonds dull. Stocks dull, although
| prices are somewhat strong. Western
! Union 6Sll, Adams EXPRESS 30 SO, Wells
and Fargo 553, American 594, W. S. 645a,
| New York Central S35a, Scrip IS, Erie 3255,
III. c. lis, Rock Island 1881, St. p. 535,
PREFER ID u, Wabash 67s, preferred 81,
Fort Wayne SO, TeTe Haute 16, preferred
AZ, Chicago and Alton 116, preferred lis,
| o. & NJ. Al, indiana Central 19, B. & @.
| 126, Hannibal and St. Joe 80.
NEW YORK, Dec. 23., P. M.-Gold opened
weak at 1853, sold up to 1881 and closed at
| 10S3610Ss. Loans were 6 fs cent for car
rying. The daily clearings were six mil
lions. The weekly bank statement shows
! the following changes: Loans-decrease
$11, 796, 700. Specie-decrease S2,9S6, 300.
Deposits-decrease $lS,544,600. Legal
tenders-decrease $3,3I4,600. The bank
statement gives an unfavorable exhibit. An
analysis of the figures shows that the banks
have made net loss of 81, 550,20O. In their
legal reserve; they now hold STOOL 1925, and
above % % cent. as required by law. The
large loss in legal tenders is the natural re-
suit of the outflow of currency from this
point, but the decrease in specie was not
expected. Money was firm at 7 % cent.
Gold was dull and steady all day. State
bonds were very dull. Stocks opened very
strong in prices. Before and after the call
there were a number of transactions in
leading stocks at advancing prices. There
was but little business transacted Oh call,
for it was taken up with the usual Christ
mas jollity. After the bank statement was
made known the market declined about 4
% cent, and closed strong in prices but
very dull. The advance to-day was most
marked in railroad stocks, Wabash and Pa
cihc mail.
Sterling Exchange-bankers' bills 1904;
U. S. coupons of 1881, 1174; do. 5-20s of
1862. 1904; do. 1864, 1921; do. 1865, ILL.,;
do. new, ia, do. 1867, lis; do. 1868,
lis; 10-40s, 1891; currency is, 114a; Mis-
souri, bonds, 81; Tennessee, old, 6l4; new,
Gil; Virginia, new, 50; old, IS; North
Carolina, old, 81 J; do. new, II.
New York Dry Goods Market.
NEW YORK, Dec. 23.-The dry goods
market is languid in all its departments,
owing partly to inclement weather. Prices
are firmly maintained. Rockport Corset |
Jeans mas advanced 10 1915 4. u. " 20. |
bleached muslins have advanced to Is; |
Amoskeag d ticks Sc; do. G B 20c; b 22c;
do A Easton B do III; Boston improved !
Dennins lie; Franklin G do 15c; Oakland |
AA do zoe; Otis &C do lie; Workingmen's |
do 1Sc; Brooks, j. & P. Coats and Clark's |
o. N. 7. six cord spool thread SOC; Green |
& Daniels do 423c; do cord do IS; wor-
stead breads 25c, alpaca DO of best brands
Sc, and printed calcoes Of best makes lie.
Baltimore Markets.
BALTIMORE, Dec. 23.-Flour, wheat,
corn and oats nominally unchanged. Whis-
ny 96d97c.
New York General Markets.
NEW YORK, Dec. 23.-Flour 6.50d$9.25
Rye flour and corn meal dull. Whisky S7c.
Wheat $1.5661.75. Corn 76d77I. Oats
54656. Eggs more active. Coffee and su-
gar unchanged. Molasses steady. Rice