The sun., 1872-11-27

paasiIle, that 70 the suppoeition s,ich tender
would be oonsidered good wss the advance 20
1O2 caused IN the preferred shares yesterday.
Insisting upon this view of the question, a4O0
shares were bought In for this account under
rule this forenoon at 40, while for the account
Of whom II may concern 500 more were pur-
chased at 49, This was the condition Of Affairs
until nearly o'clock, when the pnce was
quietly aud Without undue excitement let down
to par, a which 1t was offered thenceforward
10 the close % being the best price bid for both
common and preferred, the two stocks for tho
moment being cqusllzed. At this time II was
sscertained that Mr.. Smith and Mr.. Gould had
amicably adjusted their stock differences, and
that peace rcignod again between these great
sachems Of speculation. And thus has culmi-
mated the most brilliant and ssful corner re-
corded In the history Of the stock Exchange, and
one long to he remembered as developing de-
vices and tactics hitherto unequalled.
The remaining shares were active and largo
business was done. The general market opened
frm and in some cases prices advanced, but
only temporarily, for the market soon developed
heaviness under the break In Pacific Mail from
9Ik to SIX. This was the most important
change OF tho day, the other active stocks
yielding n to 2 per cent. until mid-afternooD,
when the market rallied and closed with
btedu1eT ttcunR. Inefe WtTt boule imke fc6IL-
ing sales to-day. There does not seem to be any
inclination on the part Of spectators to renew
operations until next week when Thanksgiving
will be over, Congress will have resssembled, and
the corner in Northwestern passed into partial
forgetfulnees. The larger dealings were In the
usual prominent shares, the course OF which 10
fully set forth In the usual comparative list. At
lantic Mall advanced TO nv, and fell back 10
159, Boston, Hartford, q Erie advancing to sis.
aFfIh hat hAaN NaFN aaA At and
interesting, speculation having reverted To- its
original dullness. The market was disposed to
heaviness at the start on account OF the cheer
ful condition OF affairs abroad, and the advance
In consols and bonds at London, where money
rate. This disposition was overcome and neu-
sterling was held, and between the two.
very little beadway was made. Sales were chiefly
for mercantile account, and the range of the
price was Il2KGll3 Loans cost from LIZ.
paid bv borrowers for the use to y cent. paid
by holders to have their gold carried. The As.
sistant Treasurer dsbufsed on account Of called
receipts. t32p24542; gold payments, $2.5,2Sl 10
gold balance, t48,1i2.lS.i6; currency receipts,
reSsS SslsSSe, SSsrss ssiysiisi customs, ssCen y
The total clearings at the Gold EIc hange Bank
were f1l.sl00; gold balances, slG0, ,th; and
currency balances, si,%B,'Sl The following
were the quotations
1879 1879 4 &ii iiiis ili3 i!s 4 5SP d, Siil
Foreign exchange has ruled quiet and nrm on
| the basis OF los "a l0s1 and lloXdll0A for ~
days and sight sterling respectively. The extra
mail for Europe tomorrow "wednesday, per
| steamer Cuba win close at 12D r. NJ, at the
| Merchants Exchange, so and 52 Pine street.
The money market worked closely during the
early portion Of the day, borrowers on call hav-
ing paid as high az sixteenth and interest for
money. Most Of the business was at thirty
second, tine rates at the close having been to Z.
Considering the condition Of the banks aud the
continued remittances OF currency TO the West
and South now In progress, well as the policy
Of conserva' iveness on the part Of business men
n the year draws To n close the prospects for an
easy money market and freer movement of meT-
camille paper are hardly favorable as We could
hope, though it IL quite probable "A temporary
| condition Of moderate ease may he noted.
Prime discounts move ON the basis Of II to Is Il
cent.
| The movement In Government bonds was
quiet The market improved Ia tone. however,
under favorable London Hdyices, and the Treas
ury purchase Of Sisg,l50 bonds, AT les tn ll2l4
| The offerings To the Treasury amounted TO ST.
Gallo at ll2.3o to 1893. sales of lS6,s made
nj the boards at III y 6Is. new. ll5 ;6S ll5', and
| 6as, old llSA. Henry Clews CD, 3! Wall street,
II