Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-11-18
MONETARY ANDFINANCIAL MATTERS

NEW YORK, ADMINISTRATIONS
was less active in the forenoon, ranging
from : 1872 a short time before the close
of the bank hours, and after nearly all
the bank accounts were provided for,
unemployed balances went IS low as
3G4 per cent. Sterling Exchange is
heavy at s. for sixty days, and 10 to lOs
for sight. Cold is quiet but firm at
ll34GIl34. Loans early in the day
were fiat to 1854 for use; later 1-64 to Z
per cent. for carrying. ClearIngs $751;
100000. Treasury disbursements, S455,-
600. Exports to-day, S64O,OOO; fOT t5C|
week nearly $1,000, coo. Governments
closed firm at about the highest prices
OF the week. at the following quo
tations: L. S. coupons Of 1881, 1l6t; 5 20s
Of 1862, 1I2k; 5 Dos Of 1864, ll2s; 5 Dos Of
1865, 112E; . Dos Of 1866 new, ll4B; 5 2Os
Of 1867, ll54; 5 20s of 1865, l15s; l0-40s,
IOSs; currency IS, D34; new IS, 1893.
State Bonds dull and steady. The bank
statement was u~nfavorable, having a
net loss in reserve Of Sl,645, $50. The
banks now hold . $50 sos, above 25 per
cent. required by ir Missouri,
g34; Tennessee old, 74a; Tennessee, new,
IA; Virginia, new, 81; Virginia, old,
45I: North Carolina, old, IS; North
Carolina, new, p. Socks opened dull
and weak, but steadily improved in
price from to Is per cent. Erie was
The feature at the close, advancing from
5OR to 524. There were also large deal
hRgs in Western Union and United
St5tes Express, both having advanced.
Next in point Of interest are Lake Shore
and st. Paul. The common market
closed at about the highezt cures in
. " NHLHa ..Na mo
carried down by a decline 81 stocks, on
Monday, has been readmitted 70 MEM
bership. The Sock Exchange Post says
that the Chicago and Northwestern
Railway Company have under cOnsid-
Grafton the issuing Of a consolidate
mortgage on their property, instead of
issuing ten million convertible bonds,
As recently authorized by the directors.
This change, in the form Of security,
will only be made on certain conditions,
among which are that these bonds viii
be taken by some Of the large holders Of
common stock, who are interested in
seeing no further increase of that
class Of the company's securities.
Quotations: Canton, 1881; Western
Union Telegraph Company, H3i
Quicksilver. As; Adams Express Com
pany, "a; Wells & Fargo's Express
Company, SO; American Merchants
Union Express Company, SO;
United States Express Company, 76s
Pacific Mail, So; New York Central,
933; Erie, 52a; Erie, preferred, Il; Har-
lem, Il3; Harlem, preferred, I25; Mich
igan Central, ll4@; Pittsburg, Fort
Wayne and Chicago, ST; Northwest
ern, 81; Northwestern, preferred, S64i
Rock Island, los; New jersey Central,
1908: st. Paul, 5l3; ST. Paul, preferred,
74l; Wabash, So; Wabash, preferred,
so; Fort Wayne, SO; Terre Haute, Is;
Terre Haute, preferred, IS; Chicago and
Alton, 1851; Chicago and Alton, pre-
ferred, ia; Ohio and Mississippi, +43;
Cleveland, Columbus and Cincinnati,
IS; Burlington and Quincy, Us; Union
Pacific, 80; Central Pacific bonds, 100;
Union Pacific bonds, 81; Delaware and
Lackawana, $50; Hartford and Erie, Y.
NEW ORLEANS, November To-
Sight exchange, }95 discount; sterling,
y.
LONDON, November l6.-Consols,
money, 924; account, 92s; United States
coupons, DOS, 1865, 500; 5-20s, 1867, 80;
l0-40s, SO; rev hves, So; Erie, 404.
PARIS, November l6.-Rentes, 52f,
55c.
FRANKFORT, November l6.-Uni-
ted States coupons, 5-2Os, 1867, 965.