Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-10-24
MONETARYAND FINANCIALMATTERs

NEW YORK. October 23-GOLD opened at
ll3, sold at 1885 and I25s advanced 10 ll35s,
and closed at ll3T, bid; u31sdl8H asked.
Loans were made from lS2 70 I per cent.
ments, s57l,7UO. Exports, 81 ,3l9. The prospect
OF an advance in the rate Of Interest Of the
Bank Of England tomorrow Is much dis
cussed. There Is much apprehension in regard
10 savings banks throughout the country ,trOu-
bic among which Is reported nom fferent
sections. The latest rumOrs are relative 20 the
Freedmen's Savings Bank, whose ranches eX-
tend through the southern States, and the
Peoples savings Bank Of Syracuse. The
Money market to-day loaned at Z per cent,
with most loans on stock collateral al per
cent. Private kilograms report great strin-
gency In the London market. The Foreign
Exchange market was weaker, lOSs for prime
bankers siXty-days sterling-lsZGiuS4 for
long, and l0Gll0a for short sight. GOUern-
uleIts were nrm, at an advance Of LGZ, and
in sympathy with the gold market United
States Coupons Isl, u5%; sos Of lS62, li57k;
5-ls Of lSd. U55s. 6-Is of 1915, ll6, bis or lSb6,
new, Lee: 62s Of 1856, us; 5Ds OF IS6S, Ll5Zs
Southern SeeuYftiea were duh and steady. Mis-
EouriG, 49,. Tenmesesses, old, 7fM: Teunessees,
new, Is; Ntrginias, new 81; Nirginias, old, q;
North CarOlinas, new, $50; North Carolinas,
old, %. The Stock market was comparatively
duh, with important fluctuations in only few
shares. The general feeling was one Of IN
easiness at the aspect Of monetary Affairs
abroad and at home, the stringency appearing
10 extend everywhere. At one time during
the morning the market showed a disposition
To nrrnueSs. but In the evening a weak feeling
and gradual decline. The leading bulls have
sold stocks freely in the last few days, and the
market feels the weight Of This load Of long
stocks. Pacific Mall huctuated between loo
and IOEz, and at close dealings were at 1879
and l02. Canton rose from l05 10 lU7 on the an
nouncement that Daniel Drew, and Others,
had gone % Baltimore 70 sell some property.
OhiOs advanced from 90 10 q, and later, de-
clined 10 s6L. Western Union advanced from
- to 49,, aud reacted 10 7S1s- Northwestern,
common, advanced from ~ 10 %, and after
ward declined 10 az. Atlantic Mail declined
from 49, 70 lgL. The fluctuations IN the bal
ance Of the list were \ to- percent. Canton,
1907; Western Union Telegraph Company,
va: Quicksilver, 49,; Adams express Com
pany, $50; Wells & Fargos Express
COMPANY, ~: American erchan Union
Express Company, ~; United states Express
Company, ~; Pacific Mail, l021s; New York
Harlem, I2; Harlem, preferred, -; Michi-
gan Central, JIG; Ptttsburg, Fort Wayne and
Chicago, S9L; Northwestern, ~; North
western, preferred, 81; Rock Island, ll0h;
New jersey Central lg5 81 Paul St
preferred. -; Fort Wayne, $50; TeTre Haute,
Is; Terre Haute, preferred, 90; Chicago and
Alton, lll5<; Chicago and Alton, preferred,
us1<; Ohio and Mississippi, 40Z; Cleveland,
Columbus andCincinnau 80 Burlington and
Quincy, I85; Union Pacific stock, ~; Central
Pacific bonds, 100; Union Pacific bonds, -;
Delaware and Lackawana, Hzi Harlem and
Erie, -.
NEW ORLEANS, october a-slght ex-
change, = discount; sterling exchange, 2S
ZA4
LONDON, October E-Consols, for money,
"; on recount, gl4; Us. 63slS5, tlE; US
sos, 80, ~; U. 5. lO-40s,. So; new IS, Ss7s;
Erie, feE.
FRANKroRT, October @.-U. S. Coupons,
52Os, %, 90.
PARIS, October ZSy-Rentes 52f SOC.