Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-11-27
MONETARY ANDrBANCIAL MATTERS

NEW YORK, November 26.-The
Northwestern Common eliminated this
afternoon, when the stock declined and
was offered at 100, with So bid. With
the possible exception Of go shares re-
ported yesterday at $50 and ISS, it is
probable that every transaction above
l55 has been a hoax. All the settle
ments possible to make have been made
privately. 1t is believed that the clique
has taken in cash between g, 5000, 600.
and s., 000, ZOO, and that about g, 900, 600.
differences remain to be adjusted by the
courts, when the corner viii, with the
Erie suit against Gould, hereafter divide
attention with the city ring suits. Money.
was active and stringent during the
forenoon at 1872 TO lie per day, and
closed in the evening at 566 per cent.
Sterling Exchange was quiet at 81 long,
and lOSI05 for sight. G0Id was dull
and steady throughput the Gay Il 1890.
lis, and closed at lI2J6Ile. Loans were
1872 TO fiat for borrowing, and Gas per
cent. for carrying. Cearings, 81 600, GOO.
Treasury disbursements, Sl67, 900. The
Treasury will sell a 81, {, 200 to-mor-
row, Thursday being a holiday. Co..
erHmeuts were quiet and firm, closing:
L. s. coupons Of 1851, 1l6l; 5 20s
ol 100, LIZ . - VI Aoot1 AA-ss . 2es VI
1865, 1929; 5 20s Of 1861, new, I151; 5 Dos
Of 1867, H5s; 5 2Os Of 1865, 1l54; 10-4Os,
10Si; currency Is, 11S4;ss new IS, 1094.
State Bonds were dull and steady. Clos
ing quotations: Missouri, s., Tennessee,
old, IS; Tennessee, new, T5l; Virginia,
new, 50; Virginia, old, AZ; North Caro-
lima, old, 35f; North Carolina, new, p.
The Sock market has been irregular. II
opened weak, and fell 1Gl3 per cent De-
fore the first call, with the Pacific Mail,
Western Union, Northwest Preferred,
and Ohio's leading the decline. The
market subsequently recovered per
cent notably in New York Central and
Wabash. After the first board the prices
were again weak, and 80 continued
until about three O'Clock, when the
lowest figures of the day were made, the
Pacific Mail selling at So, Lake Shore
at 9ls, st. Joseph at 81, Northwestern
Preferred at 50, Erie at 81, Ohio at 46s,
Rock Island at l09s, Western
Union at ~, Wabash at 81,
Cincinnati, Columbus and Indian
apOlis Central Central at 32s, and Union
Pacific 35s. After three O'Clock, it was |
announced that all Northwestern settle
ments would be made, and the market
quickly advanced and Is. Pacific,
Lake Shore, Pacific Mail, Western IN
ion, Rock Island and Union Pacific be-
ing features. There was a slight reae-
ton from the last advance under sales
to realize profits, but the market closed
steady. 80 was bid for Northwest Com
mon. The clique now own all this stock,
which is thought TO stand them in at
They are also reported as hold
ing a controlling interest in Lake Shore,
Northern Pacific and Ohio aud Missis-
sippi The short interest in the
market is smaller than for years.
Quotations are as follows: Canton, 10la;
Western Union Telegraph Comply, IA;
Quicksilver, As; Adams Express Com
pany, 81; Wells & FargOis Express
Company, $50; American Merchants
Union Express Company, 69l
United States Express Company, ga;
Pacific Mail, So; New York Central,
94f; Erie, SIT; Erie, preferred, y; Har-
lem, Il44; Harlem, preferred, 125; Mich
igan Central, ia; Pittsburg, Fort
Wayne and Chicago, S6}; Northwest
ern, 80; Northwestern, preferred, 694;
Rock Island, I093; New Jersey Central,
1924; st. Paul, STA st. Paul, preferred,
74i; Wabash, IS; Wabash, preferred,
y; Fort Wayne, 81; Terre Haute, Is;
TerTe Haute, preferred, IS; Chicago and
Alton, los; Chicago snd Alton, pre-
ferred, ll2; Ohio and Mississippi, 463;
Cleveland, Columbus and Cincinnati,
50; Darlington and Quincy, 1914 Union
Pacific. So; Central Pacific bonds, 100;
Union Pacific bonds, ST; Delaware and
Lackawans, 95b; Hartford and Erie, q.
NEW ORLEANS, November "a
Sight exchange, ! discount sterling
exchange, %.
LONDON, November 26.-ConsOls,
money, 924; account, 92I; United States
coupons, 5-2Os, 1855, 9l5; 5-20s, 1867, 93z;l
l0-40s, sig new hves, $50; Erie, 44.
FRANKFORT, November 26.-Uni-
ted States coupons, 5-20s, 1852, 96b.
PARIS, November 26.-Rentes, 52f
re. #