The New York herald., 1872-11-19
EEK. $4,906, 600 $4,653,6 6S2 f5,717, ,907
ted. 1863, l34,8 1874, ,339,7z 377,776, ,302
$264, ,041, ,4S3 $33s, 993, 400 1

since JAM l. 1884 04l 4S3 $33S $685. 400 1888 494 200
The week opened quiet in the Wall street mar
kets, if we except a little spasmodic activity at
the very start which later gave place to dulness.
MONEY ACTIVE.
The money market was active from the begin
ming, when the stock brokers paid per cent in
gold, although borrowers on government collatcr-
ais were, as a rule, accommodated at 7 rer cent
currency Towards two O'Clock borrowers began
TO allow a commission Of l-32. and before the close
Of banking hours there was sharp and sudden in
guiry, which led TO transactions at as high as
oNEEIGnTH PER CENT COMMISSION
in addition to legal interest," with, at the every
close, reaction to 1-16 and interest, the extra
rates being paid both for turning stocks and in the
ordinary way. In explanation of the Etringency
developed in the closing hour OF the loan market 1t
is said tnat the brokers, remembering the per
cent business OF Saturday afternoon, were in no
hurry to take their money to-day, ana in the gen.
erai scramble for balances to make up accounts
caused the precipitation OF so active demand
Kate In the day. At the same time the banks are
disposed to
CURTAIL THEIR FAvoRs
70 Wall street in view Of the low line Of their legal
reserve. These two reasons readily account for
the stringency developed in the money market this
afternoon. Mercantile paper is negotiable only at
o heavy discount, and prime names are accessible
at IL per cent. Foreign exchange was actively
weak and lower for sixty days. sterling, and heavy
and dull for sight bills. The former sold at l0si4
out or second hands, the transactions being for
account OF stock operators who had borrowed them
upon pledge OF stock collaterals while the counter
rate Of the leading drawers continued to be lOSss
Sight bills sold at Ito llOh, against 11Ol4 at the
desk. In London consols were u 4 per cent
better, and our bonds steady and frm the general
market being quiet. Money was reported easier
n 10 wnr
GOVERNMENTS STEADY.
The government list was steady, but only moder-
ately active The recent advance in prices has
checked the inquiry from the foreign bankers,
especially as the foreign market has receded a
fraction, under intelligence OF shipments from this
side. The currency were quoted as before but
actual business was at little improvement in
prices. The following were the closing quotations =
United states currency SKIES ll3iA 1l3la; do do,
1881, registered l16 llG4a; do do, coupon, III
1l7a do fve-twenties, registered. May and No
yembcr, 1928 1l27s; do. do, 1862. coupon, do,
ll25. 1127t; do do, 1864, do. do 1925 ll27s do
40, 1865, do. do, ll2zs 113 do do, 1867 regis
tered, January and July. l144 l15ia; do. do,
1855, coupon, l142s 49,; do. do, 1867, do. do,
1l5s 1l67s; do. do, 1868, do. do, ll5i4 a 1154
40. tcn-forties, registered, los l0s}a; do. do,
coupon, 10s}S 10sA do. Gves OF 1851, registered,
l0s1s llo; do. do. coupon, lo91a 10.
GOLD sfEADY-113k A 113A.
The gold market was quiet and steady at 1I3ls
l131, excepting for moment during the after
noon when, in consequence of an apprehension
shat the bulls" might attempt tomorrow to make
their longthreatened squeeze" OF cash gold, there
were few sales at 1874. The plans Of the pool
have been disconnected by the current weakness
OF foreign exchange but they rely on this very cir
Cumstance for an eventual increase OF the short
interest The course Of the market is shown in the