Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-12-22
MONETARY ASD FINANCIAL.


/ NEW YORK, December 2I.-MoNEY
was I per cent. per day, but declined to
{ Z per cent. gold, and at the close declined
: to : per cent currency. Sterling Err
I chdnGe-Bankers' bills, g. Gold was
duh throughout the day at 1ll3Glll};
rates for carrying to-day were ga ), 2lo73
aud per cent. Daily clearings, S62,-
600, 600. Specie exports for the week
amounted to S48S, 292. State Bonds
were steady and very quiet, closing as
follows: Missouri, "a; Tennessee, old,
/ 7g4; Tennessee, new, 80; Virginia, new,
50; Virginia, old, 46; North Carolina,
old, "a; North Carolina new, 10.
GOueTnmeats-the market has been very
duh, without any new or interesting
features. The following are the closing
quotations: L. 5. coupons Of 1881, ll74;
5-20s Of 1852, lll1; 5-20s of 1854, ll2;
5-2Os Of 1865, 1929; 5-2Os Of 1855, new,
list; 5-20s OF 1867, ll6; sos of 1868,
ll6; 10-40s, 1893; currency IS, 1l23; new,
Is, ll2l. The treasury to-day discussed
8, $50, coo, in anticipation of the Janua-
ny interest on the public debt; also
5000 for the redemption Of 20 bonds.
The bank statement is UnfavOrable; it
shows a net decrease Of 1852, Us in legal
reserve. The banks now hold only
1868, Us above the 25 per cent. required
by law. There has been a quiet feeling
in the SIOcE market, with the exception
of a short furry in Erie and Pacific
Mail during the morning, without
which the market would have proved
dull and uninteresting. Western Union
and Union Pacific were active and
strong. Ohio and Wabash rose los per
cent. during the morning, but lost the
advance in late dealings. The market
closed without change Of note, except
that Western Union rose TO 81 4, Pacific
Mail remained at rs, and Erie at 59s
The last sale was steady. The London
quotation, however, which has been re-
ported at 80 all tie afternoon, is equal to
626(G624, and il creates some wonder
why the two prices do not agree more
closely. The closing quotations are as fol-
lows: Canton, 100; Western Union
Telegraph Company, SIT; Quick
silver, A; Adams Express Com
pany, 923; Wells q FaTgO's Express
Company, SO; American Merchants
Union Express Company, 664
United States Express Company, 49,;
Pacific Mail, IS; New York Central,
$50; Erie, cog; Erie, preferred, rs; Har-
lem, 1l3, extra dividend; Harlem,
preferred, 122, extra dividend; Mich
igan Central, l14{; Pittsburg, Fort
Wayne and Chicago, IS; Northwest
ern, 50; Northwestern, preferred, S64;
Rock Island, 100; New jersey Central,
1909; st. Paul, 55f; st. Paul, preferred,
Ut; Wabash, 72I; Wabash, preferred,
81; Fort Wayne, "a; Terre Haute, Is;
Teue Haute, preferred, 40; Chicago and
Alton, III; Chicago and Alton, pre-
ferred, 1l2; Ohio and Mississippi, asst !;
Cleveland, Columbus and Cincinnati,
81; Burlington and Quincy, 1877; Union
Pacific, so; Central Pacific bonds, 1929 ;
Union Pacific bonds. S93; Delaware and
Lackawana, 80; Hartford and Erie, 8.
NEW ORLEANS, December 2l.-
Sight exchange, }93 discount; sterling
exchange, 2lR.
LONDON, December p, $50 pm
Consols, money, are 9l3@9l5; account,
9ls,aS2. American securities are quiet
but steady; United States coupons, 5-20s,
1865, 92t; 5-20s, 1867, 50; lO-40s, sS3;
new fives, S93; Erie, 81.
PARIS, December 21.-Rentes, 58f 55c.
FRANKFORT, December 2I.-Uni-
ted states coupons, 5-20s. 1852, 953.