The New York herald., 1872-11-27
FINANCIAL and COMMERCIAL.
elimination Of the Great "C0r-
ner" in Northwestern.
THE STOCK RECEDES TO 90 A 95.
Quiet Termination Of the Famous
Speculative Sensation.
Settlements Effected with Everybody
Except Henry N. Smith.
The "Bcar" Leader in the Hands of
His Friends and Lawyers.
The Tender of Northwestern
Preferred.
Its Legality in q Court Of Law and Pros
poets Before Jury.
AN ANALOGOUS CASE FROM CHICAGO.
A"Corner" in mo. 2 Wheat" Broken by
Deliveries Of mo. Wheat"
DECLINE IN THE STOCK MARKET.
Gold Steady and Quiet-Governments Higher
and Strong-Forcign Exchange az Be-
An ANALOGOUS CASE FROM CHICAGO.
A "Corner" in mo. 2 Wheat" Broken by
Deliveries of mo. / Wheat"
DECLINE IN THE STOCK MARKET.
Gold Steady and Quiet-Governments Higher
and srong-Forcign Exchange as Be-
fore-Money Easier-The Govern
ment Purchase of Eonds.
WALL STREET,

TUESDAY. Now 2e-6 p. M
On 'Change to-day cotton was quiet and easy
but not quotably lower for lots on the spot Flour
remained dun, while both wheat and corn were
dull and lower.
THE EXPORTS OF THE WEEK.
The total exports OF domestic merchandise from
this port during the week ending November 25,
1S72, were to the value OF $5,79e,772.
THE FOREIGN MARKET.
Advices from London continue to Indicate more
cheerful If not an easier condition OF the English
money market. Consols have again advanced and
are e higher than yesterday, and an equal i'm.
provement is noted in the quotations for United
States bonds. There is q chance Of O reduction Of
the Bank OF England discount rate on Thursday
morning The news from the Paris BOurse reflects
the further agitation arising out OF the political
complications and rentes show a fresh decline Of
10 centimes, to 52.62.
MONEY EASIER.
The money market was stringent as usual in
the early hours of the day, and the rate ON call
ranged as high as lilo per cent; but after two
O'Clock there evident and quite sensible in
crease in the supply of loanable funds and q
gradual yielding to per cent, at which rate the
last loans were made, with quite an interval still
remaining before the close OF banking hours.
Mercantile paper was neglected and nominal
Foreign exchange was only steady for sight and
nrmer for sixty-day sterling the former at ITO
HOY and the latter at 16s9s.
THE GOVERNMENT PURCHASE OF BONDS.
The Treasury programme for this week being
moved one day forward on account OF the Thanks
giving holiday of Thursday, the subTreasury in
vited proposals to-day for the sale to the govern
ment Of million OF hve-twenties, and was offered
only s1o59,15O, at prices ranging from 1925 to
1890. The price OF gold was taken to be 1924
which limited the purchases to sass, ,150 at 1926
11274. In furtherance of the alteration OF the
programme for this week, the government sale OF
gold will be made tomorrow "wednesday under
the otherwise usual conditions.
GOVERNMENTS STRONG
The government list was strong and higher to
the extent of fully quarter per cent. with a
scarcity in the supply, indicative OF the in
hcrent 1rmness of the market. The following
were the closing quota limited States
currency skies, 1l31s 1l3'<; do. do, 1881,
registered, ll52i ll6; do do. coupon, l16H
1l6A; do. tive-twentes registered, May and No.
veMber, 1928 1l27s; do. do., 1862, coupon, do,
112& 1l27S do. do, 1864, DO. do, 1928 l12x;
do. do, 1885, do. do, 1928 q 1l3; do. do, 1867.
registered, January and July, 1861 1l59s; do. do,
1866, coupon do, 1855 115H; do. do, 1867 do.
do. 1853 115}8 do. do, 1885, do. do 115& 115H;
do, ten-forties, registered 10s 10Sk; do do,
coupon, 1854 los's; Do. Gves Of 1881, registered
lo94 ITO; do do. do, coupon, los1l a ITO.
GOLD sIgADY-112Z A 113.
The gold market was quiet and steady at an av-
eragc OF 112z, the extremes having been 113 and
112X. There was no fresh interest manifested on
the part OF the German bankers who had sold
Northwestern preferred the day before. They
doubtless closed mp the business by buying all the
equivalent gold and foreign exchange at the same