, 1872-11-25
WALL STREET.

uOWlne south nNu WcSt Gold nlliptnentB have
been stopped by tho decline III foreign exchange
Some borrowers supplied themselves by borrow
ing bills OF exchange Oh London against collat-
crnl.
The lnaurance companies have commenced to
pay the Boston losHos and this has naturally a.
1ectod tAe money market. It ia oAtiMatou tho
total amount of insurance OH tho Boston burnt
tliatrict was $48, 00O, 600, OF which ut loaat
$7,0oo,000 was i'll New York State ana
city companies having agonu;os hero. Money
on Gall haA f!uetuatetl from to % por cent per
tuatlng course OF tho money market during tho
week. There IL q geueral impression that 10
permanent relief will como ul.tll tho return flow
OF cnrronoy sets In anu the JANUARY lsbrrse-
monts take place. The foreign exchanges have
boon genorally weall.
rranuaotions in gold during tho weok havo
boon On moro extended scale, and the two OK
trelnes 1928 and Ill. Cash gold has been
scarce and dear at intervals.
Some OF the fluctuations on tho Stock E1-
change have been wide and violent, the market
closing at mn advance.
The bank Btatenent ia ngan unfavorablo.
Tho Wall street markets to-day opened amid
grent oxoitemont. There WIS r,,nh at tho
opening OH the report OF those short, to cover,
anu u tho general market became strong. Tho
Northwestern N "eorner," which primarily caused
the oomnaoton is still kept up. 1t il reported
that good many short contracts in North
western wore priyataly settled last night OIL u
basis Ut l25, and TINT other private settlements
were made this morning at tho sumo price.
About ! =. m. the excitomont III Northwestern
M'ort1'.sa1, ,tco lsoslaont hlt1ea puytns ~
account OF brokers failing on their contracts.
Up to =. IN. !, ,0UU shaIoa waro 30 bought at
200; 100 sllaros at 1b5. and 1,SoO shares ut 20D
n1onSon, co3 u 20. having been ao1aultefs III
inoso t9 contracts. AZ ~ tho STOCK wns soId ny
!. ~ ,npJsl'y ING Ehohansoclo7ou F5om,-
y ~ O'CLOCK; Ihe entire amount OF North
western t ntook bought III undar tho rulo
Mnn f * eitou oat anatSs. .. a. rllcos ranging
t.o'n loo TO a'g, Tue aelaultlhf on oonttaots
,'sss;''s ,has;;'s noon ptoAets wno nsual1y ~
~, uuol',osa iol uanlo! n1e". ony snal! ta1s OF
ts tao nno.t interest," "as covered uituer tne l'e.
nr;,a,n nu % ao%ea 10 h s'n aa ose. aos
Pfasa.o 1 sots!emon1a 81, which may DO made oetore
~ a ',1ro 10 'n1l mtre eets uae
',,uan .,n.'1 80 ~ ntouo'' 3 LILO oi'11o us'
o's,eos. ,9ss., - ~, ~ a,!. ~ .llo nusaneo.
~" ln,n lo'41 .a1e nolo nto so1snn1 ohouSu ~
~ u"1 a.soSt ias noe's S ~. ~
.ne eanee u Jastlce. 1hat event Is simply the
,o Wh "ntnn' lnny ns 1te losans
NJ rn;s ii. ,..' 10y .ta up.. @ w." mn' os'u'Nt
c.>;ti W., s uto.uona MHm ~ 'nol "a0 1ou!5 ~.
wa la tha nrat, an1 we,' eaea % ,o"t ous
~ 40 - ,,s' tnp * p'Gts nnn Mon no .ons.
- wof ~; "l ~. - - c;..,. .saI.!. !n o4ue'
.o' W ouuet tn's' uou'o anu eAatn private A.
tONlLa wore ktIfL Ill 1uA1lGF. Only LDo
two partna1s sharing the secret.
Daniel Drew, few mouths ngo, gave Gould
and Smith sullee1o iu Erie md they resolved
to have vengeance OH him While oiltloayoriuc
to corner Drew. they nunrgolotl. and for nearly
throo mouths haye teeu rampant enemies,
Gould went over into yaularbilt's party.
which ib now giving q death hug
to tho g shorts'' il, Northwestern common,
Among tho shorts Are Henry N. smith, Drew,
and Traverse. They sold short about seventy
thousand sharos OF Northwestorn a. rs, which
today reached $50. Smith threatened Gould
with arrest ualess lie easel M the coruer. but
Gould VIVA obstnate for pecnuinry rsasons
therefore Smith hns .souealptl' on Goull'a old
operations in Erio. uhnrriur linn with stealinr
about ton millions smith would doubtless take
il ali ha,k II Oouid woull .s1a,ae hi. abort jn-
terost from cl,nutwry II in lila row h,twenn
colossal ramhars That thu Nav York Times
has,]l;nas :..t Int " na.n;,,,, thnt r;rhtso',s
inlrmant hss ovartaksn tha chfaf nlundsror ny
Erle. 0oull's arrest was aex.,led on in wall
ali nppearanoa today. Il has hnl tho onposite at.
feet.
MONEY
WAS stringent during the morning, when call
loans Wero made ID lirl Al 10 Ir.,. Itrn but in