, 1873-11-09
BUSINESS PROSPECTS.
A Slightly Improved Feeling
in Wall Street Yes
terday.
Collapse Of Rotten Speculative
English Schemes.
A Shrinkage Of 81, 900, 900, 1000
in Foreign Securities.
Another Advance in The Bank Of England
Discount Rato Looked For.
State Of the Manufacturing Interests
in New England.
Cincinnati clearinghouse Certificates
Redeemed and Cancelled.
Dry Goods---Railroads--.The Trades.
Another Advance in The Bank Of England
Discount Rato Looked For.
State Of the Manufacturing Interests
in New England.
Cincinnati clearinghouse Certificates
Redeemed and Cancelled.
Dry Goods---Railroads-..The Trades.


BRIGHTER pKosrEor.
NEW YonK, Nov, 8.-I'ho week olosos with an
Improved fceling. Wall street fcels botter than
yostorday thoro are no further suspeneions.
Banks are growing stronger; reports from the
West are encouraging, and cab1o kilograms from,
London are much less dismal, though not alto
gcthcr as assuring as desired.
LONDON ADv1CEB,
Money In London WAS reported yory active Ia
open market at per cont, aud some firms had
the bank rato would be advanced to 10 psr
cont ncxt week, and the. Bauk act aus
pended. somc foreign bankers also re-
negotiations with caution. There, tt soemB,
shares Of new diamond, gold, and silver minea
Of the widest description, securities OF doubtful
railroads, and bonds of tottering mud rotten
amounts that we're astonishing. Tho Continent
has suffered from the collapse of these wild
schemes, and now London III feeling tho pres
sure. 1t lB estimated that the shrinknEo at
beah At least IL 0u0 U0o 600 within tho year past.
Money horo loaned at 1882 to per cont.
FoaEIaN EXCHANGE
TnB quiet and firm, cloHtng at 1861 @f05M for
prime bankers 60 days sterling. 1oal for sight;
bills dull, Us tho advance in bankers sterling ia
tho result Of distrust and not active demand.
GOLD
declined to lot carly in the day, but afterwards
advanced to 107M, and olosod at 10716. The
rates paid for carrying we're Lie, 3.G4.
l-32, 7, 5, 3, 6, and pcr cent gold,
and fiat for borrowing. The fna1 rate was S
per cent for carrying. Clearanccs, $5l, ,000, 900.
Tho Treasury operations for tho week at the Nov
York Office included the disbursement Of 80, ,918,
600 on account Of intcreBt aud in redemption Of
6-20 bonds. and receipt Of 81 ,006 for Gus
toms. Specie shipments tho en1no timo $780,
600. principally in silver bars. Total exports,
$5,022, ,75i, OF which 81, 018,527 were norchan-
disc, aud 81, ,009,2 ,220 dry goods.
GOVERNMENTS o.,
steady at nominal prices.
sTATE BONDS
iul1, with very little doing.
MISCELLANEOUS.
Railway nnd miscellaneous speculation to-day
was exceedingly quiet but firmer feeling pre-
vailed. Tho advance in prices ranged from II
to ~ por cent. Erie rose from So to 10, and
finally broke to a714. The rise in Eric was en-
in their stock loaned to the bears which made
things lively for q time. One banker lo:nod
5000 shares llat, but afterwards as high as, Il
6Ds@ per cent WAS paid for borrowing.
Tho general market roae & to II per cent
from tho opening to the end OF the first call,
whom tho temper Of speculation changed, and
pricos reacted II to per cent. Late in the day
there was o firm feellng again, and tue highest
quotations were made toward the close. Tho
largest dealings were in Western Union, Lake
Shore, Now York Central, Erie, Wabash, Rock
Island, and Pacific Mail.