Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-11-30
MONETARY ANDFINANCLAL MATTERS

NEW YORK, November 29.-MoNEY
after loaning at 7G73 gold, closed easy
at 5G7. Sterling Exchange was weak
and lower in the morning at ST for
prime, 81 for sight; in the afternoon
I rates were advanced to 81 for so day and
10 for sight, but there was no business
over SsG95. Gold was heavy and lower
in the morning, declining from 1l24 to
ll24: in the afternoon it was irmer and
then 8 to : for use. CleaTings, SIS, goo, =
600. Treasury disbursements, Sl7l,000
I Governments were irmer, with q general
I advance in prices. The report that the
Treasurer intended to call in $4,000, GOO
I bonds. had q buoyant effect. EQUATIONS:
u. S. coupons Of 1851, 1853; 5 20s
| of 1862, I123; 5 Dos Of 1864, 1928; 5 20s Of
1865, 1l3; 5 Dos Of 1866 new, D54; 5 Dos
of 1867, rs; 5 Dos Of 1865, 1155; I0-40s,
1851; currency IS, ia; new IS, 1093.
| State Bonds were generally firm, with
most Of the business in new South
Carolina. Missouri, 50; Tennessee,
old, 753; Tennessee, new, 754; Virginia,
new, 50; Virginia, old, As; North Caro-
lima. old, IS; North Carolina, new, 20.
Stocks opened firm and slightly higher
than at the close on Wednesday. After
the first board, the general market adj
vanced ! to L per cent. Lake Shore
reached 95 on purchases BY the clique,
New York Central 955, and Union Pa
ef6c 37g. Pacific Mail was the one weak
SPOT in the market, and declined steadi-
" from the opening TO the close. 1t is
reported that the clique are trying
to induce short interest in this
stock, SO that it viii be readily
allowed to drop to about 50, and then
rallied. Erie opened in London , per
cent. higher, but there was no response
here, the stock being comparatively
steady throughout the day. The mar
ket closed steady, with slight reaction
from the highest point reached. Six
hundred thousand dollars more, with
which the Treasury relieved the money
market, have been refunded. The en-
tire amount placed in the banks since
October seventh and tenth, amounted to
I. O28, 3S7, of which S4,20l,871 remains;
but this viii probably be called in within
the next few weeks. The closing quo
tations are as follows: Canton, 1884;
Western Union Telegraph Comply, ~;
Quicksilver, Al; Adams Express Com
pany, 92z; Wells q targo's Express
Company, IS; American Merchants
Union Express Company, Uti
United States Express Company, 783;
Pacific Mail, S43; New York Central
95I: Erie. So; Erie, preferred, T34; Har-
lem, II4i; Harlem, preferred, l25i Mich
igan Central, 114s; P%ittsburg, Fort
Wayne aud Chicago, 81 Northwest
ern, s44; Northwestern, preferred, 9O4
Rock Island, 100; New Jersey Central,
1921; st. Paul, 534; st. Paul, preferred,
70; Wabash, 69s; Wabash, preferred,
Isl; Fort Wayne, 92g; Terre Haute, Isl
Terre Haute, preferred, IS; Chicago and
Alton. los; Chicago and Alton, pre-
ferred, III; Ohio and Mississippi, AZ;
Cleveland, Columbus and Cincinnati,
IS: Burlington and Quincy, l3l; Union
Pacific. 81; Central Pacific bonds, 1909;
Union Pacific bonds, SSl; Delaware and
Lackawana, 96t; Hartford and Erie, =.
NEW ORLEANS, November %
Sight exchange, discount; sterling
exchange, p.
LONDON, November 29.-Consols,
money, are 925; account, 925G9 SO;
United States coupons, sos, 1865, 9l4;
sos, 1857, "a; lO-40s, ST.; new hves,
SSE; Erie, 423.
FRANKFORT, November 29.-Uni-
ted States coupons, sos, 1852, 96g.
PARIS, November 29.-Rentes, 52f.
g7e. Specie in the Bank of France in
creased 81, 600, coo since lost report.