National Republican. (Washington City (D.C.)) 1872-1888, 1879-11-18
FINANCE AND COMMERCE.
M0NETARY MATTERS IN NEW YORK
AND SIN FRANCISCO.
Sew York Money Market


NEW YoIK, November II, 1879.
Money loaned up 20 l32 per diem, but closed
easier at per cent -,
and short sight making the nominal rate isl@lSl
respectively while actual business was transacted
Mt lsOA@lSQH and 4s3@iS3A. The advance has
materially checked the inquiry for bills.
Government bonds were quiet and shade
weaker.
bama state bonds, except classes A. Is and Z, nave
been taken of the stock list, rs they have been
either all funded into these bonds or taken up by
the State,
Railroad bonds were active and higher; Erie
new seconds fell off from 0ll4 to 50 and rallied 70
consol flrsts advanced to 1l6. Boston, Hartford u
Erie iirsts ranged from 5lA to 5i13 Chesapeake y
while currency 6s rose from 40 to AZ and fell off to
3gA. Kansas & Texas firsts advanced from 9l12 to
93S and reacted to 92A do seconds flnctuating be-
tween 40 and 1875. Lehigh & Wkesbarre consos
nssented rose from 954 to 96lS Lake Erie & West.
ern incomes from 6S to 65; G CO C frsts from S7h
TO 10; indianapolis d Bloomington incomes from
81 to 3d. Chicago, Burlington & Quincy IS from ITO
to112; American Dock rs from l07 to l0s Canada
Southern frsts from 81 TO 49, Ohio & Mississippi
from 70lS to 75Il Western Pacific from 1903 TO 1906;
Fort Wayne firsts from l26 to l27; Rome ogdens-
from 963z to 100; do convertites from % to 95lS;
Great Western seconds from g624 TO 9s; Iron Noun.
tain Arkansas branch) lrsts from 1O2 to l032 and
Mobile K Ohio firsts from % to 96. Texas Pacific
land grant incomes rose 'front.' to7219 and reacted
to7l%: Denver 4 Rio. Grande irsts advanced to
SIN NEW 1OIh NculIal coupon HIhlS W 10 nun
sas Pacific 6s asscnted with coupon certificates TO
1034@103; Northwestern frsts TO 1857; Kansas
City and Northern (Ohio -division) firsts to 107;
Kansas Pacific land grants 10 l2l, and Jersey Cen.
trail ossented consols TO 1917
The stock market was irregular In the carly deal
ings but in the main firm and higher, especially
for 9 q & @, Kansas & Texas and Oregon Railroad
d Navigation which rose Dab per cent. Suisse
quently the speculation became weak and prices
declined 15Gs4l per cent, the coal shares and Erie
ending the downward movement Toward the
close buoyant feeling prevailed, and under brisk
purchases recovery Of = 10 "a per cent ensued,
the latter in Erie Missouri Pacific sold up from
IA TO 1879, reacted to II, and recovered TO Is. Man
haitian Elevated dropped from 70 10 90, but reacted
TO 6715. The general list in the final dealings was
strong.
The sales aggregated $4,000 shares, including
Erie $4,000 Lake Shore $4,000, Northwest 10000,
81 Paul 1900, Delaware Lackawanna 4 Western
10000, New Jersey Central 1000, Delaware Il Hudson
10000, Reading 5000, g IL Z 5000, Hannibal "
81 Joseph 1900, Ohio Mississippi q 900, Western
Union 5000, Pacific Mail 10000, Kansas & Texas
3000, Iron Mountain 5000, ST. Paul Il Sioux City
5000 Lake Erie q Western 5000, Indianapolis Gin
cinnati Il Lafayette 5000, Chesapeake d Ohio 10000,
st. Louis Il san Francisco 1000, Marietta d. Gin
cnnau 5000, sutro Tunnel 1000, Quicksilver 5000
and Manhattan Elevated 10000.
The closing quotations were as foiows