, 1872-10-21

army, Tas one OF the speakers at the Repubi'
| can meeting.
NEW YORK.
! FINANCIAL REVIEW.
New York, Oct. 19.-During the past week
| financial events we're important in several re,
| spects. The monetary situation has been char
acterized by ease for call loans, which have
ranged from to Z per cent, with occasional ex.
ceptions at lower rates. Prime business notes
have been discounted in open market at 8 to Il
| per cent.
Foreign exchanges were generally firm, unit
near the close, when the borrowing rates fol
cash gold had tendency to weaken the market
In the Gold Room the price has fuctuated be.
tween 1121z and 1883, closing with firm feel.
ing. Speculation on the Stock Exchange has
been active and excited, with frequent and vio.
lent fluctuations in some shares. During the
first two days Of the week buoyancy prevailed in
3 marked degree, but afterwards there WAS
sharp reaction, followed by an upward move
ment and irregular market to the close. Pacific
Mail has been the leading feature throughout
the week, and has controlled, to q con-
advance in Pacific Mail for the week
FNA ~~-Ae3 A@AAA13 ~ Aeo<3s
! intermediate fluctuations have been wide aud
frequent, while dealings have been on an enor-
nous scale. Panama advanced 4 per cent, and
afterward lost part Of the improvement. Can
ton advanced per cent, from &c to 102. West
ern Union advanced 3s4 per cent, and closed
with reaction OF ~ per cent. Rock Island
! advanced 8 per cent, and finally lost the ad-
| vance. Erie advanced So per cent, and, later,
reacted about ~ per cent. The balance Of the
list advanced from to 3per cent, and toward
| the close lost the advance. In come stocks the
| lowest prices Of the week we're current at the
| close.
| The foreign commerce Of the port for the
| week was as follows General merchandise i'm
ports, including dry goods, $500, ,107 produce
exports, Sc, ia, ,056, and specie exports, 9626,
1888. The total merchandise imports since Jun.
we're $685., ,290, ,494, against s305, 9ao. .256 last
! year. The total exports Of produce since Jan. /
are s183 7o3 156, against s1ss o8s 795 last year.
] The exports Of specie since Jan. are 359 859,
425, against $61, I'll, ,546 last year.
Private advices from London to-day reported
money active in the open market, and following
close upon this were rumors that
the Bank Of England Directors would
| meet on Monday and adyance the rate Of dis
count to per cent. Late in the day special tel
egrams stated that the Bank Of France will de-
post one hundred million francs in the Bank Of
England. One authority stated that this waa q
movement Of assistance, while another had it
that it was an exchange transaction in connec-
ton With the French Indemnity, at the close
every one seemed to be puzzled in regard to all
these reported financial movements abroad, and
nothing was apparently known here, even
by those usually well posted.
The bank statement is favorable. It shows
that the banks have made o net gain OF $4,412,-
OTIS in their legal reserve. They now hold
S8,o27, ATS above the rs per cent required by
law.
CLOSING RATES.
Money was more active at intervals to-day,
and ranged from to Z per cent.
Foreign exchange closed up quiet at 1o856 to
1o8s4 for aixty-day, and 11o7z to 11o14 for sight
Gold was firm early in the day, and advanced
from l122s4 to 1888, but in the afternoon there
Was decline to 1123s, followed by q rally to
1885.
The stock market to-day was irregular; being
higher in Pacific Mail, and lower in the general
list Pacific hail opened at 95, advanced to 96,
declined to 931, advanced to 80, reacted to 9514,
and finally advanced to 100A. In the general
list there was a decline Of from Il to TX per
cent early in the day, but during the afternoon
there was partial recovery. Western Union
declined from 78 to 752&, and then recovered to
Tx, closing at 7611. Chicago, Columbus & In
diana Central declined from 35A to 3355, and
rallied to 3425. Rock Island declined from 111141
to 109sl, and later recovered to 110I. Erie de-
clined from 501 to 49554, and rallied at the close
to 56Sz. Union Pacific declined from 39111 to
3716, and afterwards advanced to 38sl, North
western common and Ohios declined TX per
cent, and rallied about per cent at the close.
New York Central and Wabash fell off per
cent and recovered part Of the decline late in
the day. Other fluctuations were about II to X
per cent, and generally unimportant. The
market YES affected by the reports abont the
financial situation in Europe.
Government bonds we're quiet and steady.
Central Pacific bonds cloecd Mt 10o@1001S;
Union Pacific frsts, 8sX@s9; land grants, TIC
tn; incomes, 80h@8oI.
BREADsTUFF5.
Flour very dull and irregular. Low grades
more plenty and easier; fancy grades in re-
duced supply, and very choice higher and in good
demand. No. 2 and superine dull and heavy.
At the close the market was weak forlow grades,
with moderate inquiry; choice family strong.
Arrivals light and stock OF winter very limited
Market closes steady for spring, firm for winter,
and fairly active. Demand chiefly for export. :
PROVISIONS.
Pork again better and in active demand, in
part to cover contracts. The stock ia much con-
centrated for future delivery. We hear Of
1000 brls mess, eeller November, at $4,000
1915, and 1,750 br1s do, seller October, at
$15.25@15.50. Cut meats dull and heavy. Bacon
scarce and fairly active. Sales Of LOCO boxes
long clear ut 959@919c Lard in full demand
and steady.
EIo the Associated Press1
THE RING THIEVES.
NEW YoRK, Oct. 19.-It is stated that e1-
Comptroller Connolly is at the Isle of Wight,
with his wife.
1tis reported TINT new indictment has been
found against lngeraol. the famous chair
maker Of tho Ring
Mayor Hall last evening stated that be had
heard nothing Of any new Indictment against
him, and the report that he had given bail was
therefore false. It is possible that he thinks
that the oily indictment may be omnibused, as he
himself wishes. He courts inquiry into his
of1icinl conduct, either in Court or elseHhere
so ,t,3 hwy ~ ,-;&1, II.