Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-10-14
MONETARY AND FINANCIAL.
NEW YORK.


NEW YoRK, October l3.-Moneg-The mar
ket worked close to-day, and al one time loans
were as high as S-lo Per cent. per diem but the
bulk OF the business was done at 1895 per
cent. Greenbscks are still quoted at 1{915 per
cent. premium, Notwithstanding the express
companies report more liberal receipts Of cur
rency to-day than for long time past. Dis
counts are quoted at from II to "A per cent. At
a meeting OF the Clearinghouse association, a
resolution was passed 10 the effect that the
time for the redemption OF loan certificates,
originally fixed for November lat, shall remsin
open. A report was also received aud adopted
in the matter of the Bank OF the Common
wealth, which report confirmed the eAhlb tot
the affairs OF the bank as made by the receiv-
er TO the loan committee. The bank officers
report no material change In the condition Of
their banks to-day.
firIn at iO61z 9i0612 for sixty days, and l07149
IO75x for sight. Commercial bills range from
1917 9l055< Customs receipts, slO9,0D.
GoId-Stronger, advancing from l0S1s 10 l0S3s
closing at l0s5s. Loans were nom TO per
cent. Tor carrying, and nat for borrowing.
The final rate was per cent, for carry ing
Clearings, 500; ". Ine aisslstan nt-tressnr rer
disbursed SI55,00. $4,000 were received at
the assay office to-day, making total 70 date
OF fs37 90.
Jinited Sates Boalds-I,ess active than usual
early IN the day, but prices advanced in the
late dealings under the improved demand
and advance IN gold. u. >. coupons OF 1881, -
o. s. 5-50s Of 1884, ll5 5-20s Of 1863, lo15; $50 s
ilo1t: new 5s, Os; 10 5s, los; currency s's lios.
lSotlherT States SecJt5fties.-State bonds nom
ina: Missouri, s5; Tennessee, old, ~; new,
~; ;Ntrginis, new 10; old, S6; North Carolina
old, 20; new, l512.
FafiroGd lStocks and Bonds.-Rsilway stocks
opened steady, and as the day advanced they
became moderately active aud firm, but later
declined. After twelve O'Clock the ma iorlty
OF the list was quiet. Later in tho eY0plng
the market was active and irregular, and
fluctuations were rapid. AT the close prices
had declined TO the lowest point Of the day.
The chief drive was against Vanderbilt
shares, which we're forced down several
points. The decline was assisted by the bank
Tuptcy proceedings taken against Daniel
brew, and the decision Of Judge Biatchf I'd
in modifying the injunction in
the Grinnel case 90 lar as Blake
+. O.. & Co are concerned, allo ~ ing them, un-
der certain restrictions, 10 sell the securities
g. Bird Grinnell & o. bf focks closed weak al
the lowest point ofthe day. The pFesident Of
the Missouri, Kansas and Texas railway has
notified the stock exchange that that COM
pany has increased their stock 81, $4,000 for the
newly acquired road. The press says IL v as re-
ported on the street this even ug hat SecFe-
tary FichaIdsOn had either res gned OF
been requested TO hand In his resigna-
ton. Columbus Delano was men,
toned as the probable future secretary.
LONDON.
LONDON, October u, 2:3O p.m.-Fhe amount
of bullion withdrawn from the Bank Of Eng
land balance to-day sil 00O. Oonsols-money
g21Sd925k; account b2esgs2S<i United states
upons15-z0s, OF 65, sEs; do 81, 80 Il IO-s0's,
sisI; new SIS, 81; Erie, Al.
PARIS.
PAR1s, october l2.-Rentsss scr.