The New York herald., 1872-11-15
MONEY CLOSES 7 PER CENT COIN.
The Stock Market Heavy, Dull
and Lower.
A Counterpart Of the English
Rise in Erie.
Earnings Of tho Erie Railway-Neeting Of North
Carolina Bondholders- Resump-
Hons Of Lately Suspended Brokera
WALL SrHERr..
A0H Ia n II NJ

On Change to-day cotton was in good demand
and kc. per lb. in sellers favor for lots ON the
1tspOt" and 1-16c. nc. for culture" delivery
Flour was dull, but unchanged, while wheat and
corn were quiet and lower, more particularly corn
COMPARISON OF THE EXPORTS.
The following shows the exports, exclusive Of
specie, from New Yorketo foreign ports for the
week ending November IL, and since the beginning
OF the year,
For the week. ;. s5,sosoo2 s47sa,oos $685., 500
Prev. reported. .15s.12s7so 2sAs47sa7 l997e7,7 7o1
Since. Jan. L. s1es 1872 5000 1852 $0o5 $50
THE LONDON MARKET.
The Bank Of England directors made no altera-
tion In the discount rate this morning, and the
minimum stands as before at per cent. The bull
lion account shows decrease for the week Of
f136 900. The quotations OF the London market are
80 irregular as to AFFORD no real clew to the cOnd
tiOn Of money, our bonds having advanced 4 *
per cent, while consols are lower "for money"
with difference of n per cent in favor OF transac
tions s.for account" 1t is possible that consols
are suffering by
COMPETITION WITH AMERICAN BONDS,
and that while the money market is easier invest
ment seekers are taking the latter in preference to
the former and perhaps selling their consos. Erie
shares showed q rise at one time OF about per
cent as compared with the lowest quotation made
in London since the news of the Boston fre-the
sudden advance being attributed to rig" or cor
ner upon the bears incidental to contracts expir-
ing tomorrow, which Is the regular ortnighty set
thing day for the Stock Exchange, the next occur
ring November 20.
FOREIGN EXCHANGE LOWER.
The foreign exchange market was lower on
better supply Of bills drawn against commercial
and bond bills and at the decline fairly active
The following shows the range Of rates at the close
of business -Sterng, sixty days, commercial, lo7X
alOsK do, good to prime bankers. losh 1851 do
short sight, ITO 110,f; Paris, sixty days, 5.35 o
6.2SX; d0., short sight, 6.25 6.23x; Prussian
thalers. II 71x Antwerp, 6.s2k 5.2eAl; swtzer.
land, 6.3lk q 5.25; Hamburg, a5k 35x; Amster-
dam, 3oK 40; Frankfort, 40K 4OX; Bremen. s4h
ao4X.
GOLD FEvEn1SH-113 113k.
The gold market was feverish and unsettled
owing to q continuance OF the conflict and chang
bag sentiments Of the street. At nrst it was weak
and dropped to 113 ON the advance Of our bonds In
London and the decline In sterling, but rallied and
advanced to 113h, with the export Of nearly mil
don and half Of specie and the sale Of only .
million gold by the Treasury, but fell on again to
l13k and underwent q closing rally to 11sK. The
specie export Was 81 40 000 Of which only 500 900
was silver. The bids for gold at
THE sUBTRRAsURY
called for total Of 81, COS 900 at prices ranging
from 1898 to 113.25. The sale was confined to q
million, which was awarded at 1925 11a15. The
sub-Treasury paid out $3.50 900 On account Of in
terest and $4,000 on account Of redeemed dve-
twcnttes The course of the market is shown in
kha tah