Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-09-21
MONETARYAND FINANCIALMATTERs

NEW YORK, September @-MONEY was
easier to-day Early in the day call loans
were made at 7 l-32, but afterWard rates ue-
clined, and late in the day dealings were
eTected Al 3 To- 4 II is understood that the
Clearinghouse Association VIII adopt a rule
which viii prevent holders Of large certlned
house. Public sentiment fayors the position
Of he bankS. II is understood that the lock-
up people have decided TO restore their locked
up greenbacRs 70 circulation. Ine November
interest to be paid by government amounts 70
nearly elS,OoU00, and nearly nlne-tenIhs OF II
belong to European holders Of our bonds.
II Is reported that a portion OF me sloItlh
terest on the stock market was closed out To-
day, but the amount still uncovered Is known
as enormous. 1t is rumOred that the corner1ng
party in Erie came TO terms with the bears IN
the stock, but il Is probable the stock VIII
be Immediately Oversold, 50 II Is extremely
hazardous to deal IN IL one way or the other.
Gold was weaker to-day, and Declined from
49,, the opening price 10 llIe4' closing AZ
.u4lk. Loans were made from = for use down
to for carrying. C~learings to-day we're csA-
oOGo0. The Treasury disbursements 1or the
day were $4,000. Sterting was dun at 1890
1857. Governments were hrm in The morning,
but declined at the close. The following are the
quotations., f51s of ISL, 1855 DDS OF lS6Z,
5-2s Of 1885, new. I3L: 520s Of 1851, ia;
5-2s Of 1852, new IA; l0-As, lCei new 5s, LB4;
Currency, Is. ul Soahern See'T5S5es were
nessees, old, ia; TenHessees, new Y; Viz
ginias, old, a; Virginia, new, so; North Car
olinas, old, 81; North CarOnnas, new, ~.
Stocks were generally nrm during the day,
with an advance rangiug from = 70 8 per cent.
Harlem and Western Union showed the great
est advance, the former advancing from no 70
.II3, and the latter from 81 to 6g5s. In the bal
ance OF the list the advance was from = uoI1s
per cent. The most marked was IN
common, New York Central, Lake shore,
OhiOs, Rhode Island, and Indiana central.
The volume OF business was not large. Erie
was a marked exception to the general rule Of
the market, declining from &2 10 4sLa- The
- -.m-HwaH 100 hauwn~ Of tho nHR-4 and
decline Of u TO q from the prices Of
the afternoon. The bankers held ameetng 10
take into consideration the action OF those
members Of the association D refused 70
pay ~greenbacks on their checks in any way
except through the clearinghouse. Quotations
Canton, 81; Western Union Telegraph Com
pany, 6sE; Quicksilver, -; Adams Express
COMPANY. IS: American Merchants Union
Express Company, 654i United states Express
Company, 20; Pacific Mail, 80; New York
Central, $50; Erie, 81; Erie, preferred, 20;
Harlem. Isl; Harlem, preferred, lis; Mlch1-
gan Central, l3i Pittsburg, Fort Wayne n
western, preferred, s.; Rock Island, 1875;
New Jersey Central, l03H; st Paul 56S; st.
Paul, preferred, z5k; Wabash 20; Wabash
preferred, 81; Fort Wayne, 81; Terre Haute,
%; Terre Haute, preferred, 20; Chicago and
Alton. III: Chicago and Alton, preferred,
ll3; Ohio and Mississippi, 2s; Cleveland,
Columbus and Cincinnati. 50; Burlington a
Quincy. L4; Union Pacific bonds, 80; Cen
tral Pacific bonds, 995s; Union Pacific bonds,
80; Delaware M Lackawana, $50; Harlem
and Erie, "a.
LONDON, September %, 5p-m-The mar
ket at the close showed the annexed prices:
COnsols, for money, Gh; O.. :. 5-Ns, 1850, &Is;
q. ;. SOS, 1867, Sl4; U. 5. lO-4Os, 671a;
new IS, 81; Erie, S3h.
FRANKFORT, September 20, 5 p.m-U. 5.
Coupons, 5-20s, 1892 60
PARIS, September 2.-Rentes SCI. &c.
Specie in the Bank Of rance increased dur
ing the week 100000 francs.
NEW ORLEANS, September, 0u.30 Am
exchange, q discount. Sterling ex-
change, 29ZZ.