The New York herald., 1872-12-04
Anticipated Renewal Of Operations by the
Gold COrnesrs.
A Flurryin Harlem and the Gossip
III Gave Rise To.
ERIE RAILWAY EARNINGS REVISED
Government Bonds Frm-The '6Ts Higher
Southern Securities Steady-Union Pacific
Incomes Lower-The Brokers and the
Funeral Of Horace Greeley.
WALL STREET, I
TUESDAY. Dec. 86P. N.

WALL. BTREET 4
TUESDAY. Dec. Sc P. M.
On ChaDge to-day cotton was in moderately fair
demand, and sc. per lb. higher for both ''spot''
and "iuture.n Flour remained steady, and wheat
and corn were In moderate demand, at essentially
vnaterated prices.
THE EXPORTS OF THE WEEK.
The total exports OF domestic merchandise from
che port OF New York during the week ending
December g. 1872, were $4, ,344,s9s.
THE FOREIGN MARKET.
The cable advices show no important change in
che tenor OF the foreign markets and the situation
shere political and financial has settled down into
quiet. In London consols are quoted 91as lex in
seresD for the account and 92T for money. Five
swentes strong for the 'o7's, which come e4's,
and the new nves are higher at sszs. Eries have
Aeen active and closed this evening at 42a.
THE FUNERAL OF HORACE GREELEY.
The Governors Of the Stock Exchange met to-day
to take appropriate action with reference to the
funeral OF the late Horace Greeley, and decided to
send committee OF ten as representatives OF the
board to e-present at the obsequies tomorrow.
The business OF the Board will not be suspended.
The Gold Exchange subsequently decided to adjourn
tomorrow at one o'clock and will send O deputa-
sion Of thirty members to represent the Board The
committee selected by the Stock Exchange are as
f0llows:-
g. v. White, Thomas Denny, Jr., George Fl. Brod-
head, G. Graham, T. b. Musgrave, G. j. Turner,
Eugene Thomson, II. T. Morgan, Robert Colby,
George w. Mclean.
MONEY STRINGENT.
The money market was active all day. and at
times stringent. The lowest rate on call was per
cent, which occurred only where the coraterals
were government bonds or prime stock securities
and the borrowers first class houses, and the high
est rate was llo which was paid in the shape or q
commission for "turning- the highest priced
stocks. The scarcity Of money thus indicated Is
greater than there is reason for expecting consd-
ering the return OF currency from the West and
the interior, and is due to clique manipulation for
siIect at the Stock Exchange. The bulk OF the
days business was at 1872, equivalent to about II
per cent, and the market closed 7, gold 1872 Mer-
camille paper was quiet at 10 a IL per cent for
prime names. Foreign exchange was steady and
unchanged at 1855 1os% for prime sixty days
sterling bills.
GOLD sTEADy-112X A 112I.
The gold market was steady at 112a<, which was
the average OF the days business, although quota
tions were made at ll2s 1l2H. The market was
devoid of any new feature, excepting the appear.
ance as buyers OF the parties known as 'the
squeeZists, "who were thought to be getting ready
for another corner" in cash gold. Some OF the
s'shOrts" who were afraid OF such q contingency
were willing to pay this afternoon q sixty-fourth
for the use OF gold tomorrow. The Sub-Treasury
paid out $24 900 on account OF interest and $2 400
on account OF redeemed hve-twenties The course
Of the market s shown in the table -