Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-09-28

FRANKFORT, Sept. FL 5-2O's, 1852,
961c. % 81 ,-i1cl t"
PARIS, Sept. 27.-Rentes ST 27sc.
ANTwERP, Sept 27.-Refned petroleum
Ali. IA -, -
New York Money Market.
NEW YORK, Sept. 27.-The ten days clos
ing this afternoon have been the most event
full In financial circles for fifteen years. The
excitement ragged without limit and at
times there seemed no end to the calamities
possible. On Thursday the fires died out
for want of fuel, so far as Wall street was
concerned. Theystbeh began their work 10
mercantile circles, but there is now rea-
sonable hope that they may be checked, and
what has often been said, the worst has
been seen. ~ gui -eiEz ~ ,ligH -su
The day closed with decidedly better
feeling in all directions Foreign exchange
closed with an improved tone, the iast
quotsble rates having been 104G4e4a G0'
prime bankers so days; sterliyg los for
bankers demand, 1055n105s for cable
transfers, and 1020103 for so days eom-
nercial, and 104 for three days'sight. ThRFe
were no regular rates for money, loaus
having ranged from per day to per cent
the restoration of confidence now going Cd,
it may be mentioned that money, which
had been extremely scarcs at to 2 per cent
per diem, was accessible at per cent on
approved collaterais. In this connection it
may be stated that that the resumption az
rangemeft Of Henry Clewes & Co. has re-
ceiyed general endorsement, and most Of
their old customers have aequissced~ In
transferring their accounts to new special
accounts on thsir books. Numerous new
accounts have also been opened. Messrs.
Howes & Macy make an almost similar
report, all of which goes to slow that the
lately suspended firms retain the confidence
of their customers and the sympathy of
business men generally. 3
Gold was unusually active and ut times
the room presented an animated appear
ance. The price opened at Ia, advanced
to 1854, declined to 1874, rallied to 113s,
and in late dealings sales made at 49,.
At opening Of the room loans in gold were
made at ; per cent, but the rate soon fell to
fat, followed to 50 advance of per cent,
and finally s reaction to fiat. The bank
statement W II not be ready bsfore Monday.
The Assistant Treasurer paid out to-day
81, 600 on account Of interest and the re-
demption Of 500 bondE. The Customs re-
ceipts to-day wer5 S277,000. For she weak
| 81 ,9OS,8S7. Total imports for the week
| S10,902, 46S, of which s7,464, TOP were mer-
chandlse and So, 437,766 dry goods. The
amount of dry goods marketed were, 3d.
S33, S35. Total export of specie since Jan.
1, $40, S51, f51, against $57,9T3, 1881 last
year. go
The street dealing was snsnand devoid
of any new feature early in the day except
that prices were lover in cof,s5 Qu6nee OF
the pressure to sell stocks for cash, but in
the afternoon an improved feeling prevailed,
the change being sudden and very marked.
Prices advanced rapidly on the small offer
| ings. "A large business would have been
done if they could buy stocks, but street
dealers did not appear to have the money.
The greatest advance was in Lake Shore
which rose from 81 TO 76. New 7 ork Cen
trail sold up to 90, West Union 50, Rock
Island SO, Harlem 110, Pacific Mail 81 aud
Union Pacific 81. At the close the market
was very irregular from the fact that so
few stocks were offered.
| The following are the la'est prices cur
rent among the crowd OF miscellaneous op-
orators on the street: New y ork Central
and Hudson, 80 bid and SO asked; Erie,
50655; Lake Shore, 73676. Northwestern,
40045; Rock Island, S7090; Pacific Mail,
31632; st. Paul, 29630; Ohio, 30632;
Western Union, 6!665; Wabash, 42645;
Union Pacific, 20 d22; G. G. and l. c.,
PLAZA; Harlem, 106N110. s.-t--t 4
1t was ruIncred late 10 the day that one
individual had borrowed from Eve TO ten
millions on New York Central and Lake
Shore bonds and also that other large loan
had been made on various stocks.