Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-11-20
MONETARY ANBFINANCIAL MATTERS

NEW YORK, November 19.-MONEY
was stringent, loaning at from Z gold 10
Z. with a large portion at Is; mercantile
paper at 2ltGl5 per cent. The banks
have been calling in loans 10 supply the
outward flow Of currency, and there
seems to be an immediate relief for the
future. Sterling Exchange Is heavy
and lower, closing at St6S4 for 60 days,
and 95@I0 for sight. Gold IL o ae-
tive, huctuating between ll34@ll3f,
closing firm at 113iall3s. Loans from
Is for use 10 : per cent. for carrying.
Clearings $40. 600 coo. Government dis
bursed, SlS5,000. Governments were
dull and q fraction lower. Quotations:
Z. s. coupons Of 1881, 1l6k; 5 20s
Of 1862, 112l; 5 DDS Of 1854, 1924; 5 EOS of
1865, 1929; 5 Dos Of 1865 new, 1l44; 5 9s
OF 1867, ll5A; 5 Dos Of 1868, ll5s; l0-40s,
1851; currency Is, 1l3s; new IS, 1893.
State Bonds were duh and neglected.
Quotations: Missouri, 933; Tennessee,
old, 74k; Tennessee, new, 743; Virginia,
new, -; Virginia, old, A; North Caro-
lima, old, IS; North Carolina, new, p.
Stocks were dull; the market seems to
decline without assistance, and prices
are seeking the lowest range. Atlantic
Mai were from to I, mostly on a down.
ward turn. A mail declined . per cent.
on The eOnfscatiOn Of the steamship Co
lumbia for smuggling cigars. Erie ad-
vaneed 529 to 53k, and afterWard de
clined TO 52k. The market closed dull
and weak. The Chicago and North
western Railroad Company, instead Of
issuing 10, 1000, 900 convertible bonds. will
issue a consolidated mortgage amount
OF As, 600, 900, TO take up as fall due the
1000, 600 mortgages on the main line of
the leased roads and branches Of the
proceeds, the remainder to be applied
IN defraying the cost of the new roads
built last year, and to completing other
roads. The bonds will bear z per cent
coin interest. $500, 600 new bonds have
been taken to this city at 50, the like
amount to be marketed next year. The
remainder is reserved to meet ontingen-
cies. Quotations: Canton, 100; Western
Union Telegraph Company, 765;
Quicksilver, 45t; Adams Express Com
pany, "a; Wells & FargO's Express
Company, ST; American Merchants
Union Express Company, 20;
United States Express Company, NJ;
Pacific Mail, S4F; New York Central,
93s; Erie, 52A Erie, preferred, IL Har-
lem, ia; Harlem, preferred, 125i Mich
igan Central, 114t; P~ittsburg, Fort
Wayne and Chicago, 81; Northwest
ern, s3E; Northwestern, preferred, S.;
Rock Island, 1917; New Jersey Central,
1O1; St. Paul, 5l3; st. Paul, preferred,
74s; Wabash, st; Wabash, preferred,
50; Fort Wayne, 93f; Terre Haube, 10;
Terre HaUte, preferred, So; Chicago and
Alton, los; Chicago and Alton, pre-
ferred, 113; Ohio and Mississippi, AT
Cleveland, Columbus and Cincinnati,
So Burlington and Quincy, $50; Union
Pacific, S3E; Central Pacific bonds, 1907
Union Pacific bonds, $50; Delaware and
Lackawana, 49, Hartford and Erie, "a.
NEW ORLEANS, November 19.-
Sight exchange, 594 discount; sterling
exchange, %.
LONDON, November l9.-Consols,
money, S2s; account, 92sfG924; Uni
ted states coupons, 5-20s, 1866, 903;
sos, 1867, 925; I0-40s, SIT; new ives,
ST; Erie, Az.
PARIS, November l9.-Rentes, ST,
s2c.
FRANKFORT, November 19.-Uni-
ted States coupons, BIOS, 1852, $50.