Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-07-08
MARKETS BY TELEGRAPH.
NEW YORK.


NEW YoRK. July wall Street.-Gold
has been weak, and there seems to be no
confidence felt in its further advance at
present. It declined to 1l3 during the day,
but closed at Il31S. The exports to-mor-
row will be light. The cable announce
ment of an increase of specie In the Bank
OF France helped to depress the market.
In the morning per cent. was paid for
carving, and in the afternoon 2 and 8 for
use. Ciesrings, &47 ,5OQ, 900. The govern
ment bonds market was heavy and lower
at the close, in sympathy with the decline
in gold. A revival Of the stories that the
Government had placed large amount Of
the new per cents in London failed to
arrest the downward course of prices.
Stocks have been strong, except Rock
laland, which continues drag on the
market. Reading and Lake Shore are the
strongest stocks on the list, and Rock
Island the weakest, having sold down to
lO71<, the lowest point since the great break
began, Northwestern has been compare
tiveIv steady, Ohio and Mississippi, and
Western Union have been neglected. 1t is
stated that large amount Of Northwest
ern preferred has been bought lately for
Amsterdam bankers. The market at the
close was hrmer, and the highest quota
tiops OF the day were made. The volume
OF business was light. It is reported that
Wood ward offers to settle in full with
notes at two, three, four and five years,
with interest. Money abundant at per
cent, State bonds duh and heavy. The
only transactions were in Missouris.
Sterling exchange, 1l0H. Government
coupons of 1881, 1l5x; do 62s, 5-20s,
1145<; do 64s, ia; do: COS, ll4; do new
5-2Os, II25k; do '67 2Os, 1125S; do 68s, II3;
do 10 4Os I12; do currency IS 1l4S. Mis-
souri, State bonds, 951<; Old Tennessees,
7IK; lew, Tx. Virginia, new, 725<; do
old. "a: North Carolina, old, As; do new,
27. Canton, 7p; West. U. Telegraph Co.,
5S1<; Quicksilver, 11x; Mariposs, 81; do
preferred, 61<; Adams Express Company,
so; Wells, Fargo & Co.'s Express, 45X /;
American NJ. U. Express, Company, 52H; /;
Pacific Mail, 43H; New York Central,
81; New York Central scrip, 90; Erie
Z7k; do. preferred, so; Harlem, I27X:
do. preferred, 1872; Reading, lIIX;
Michigan Central, 120k; Pittsburg, Ft.
WAYNE and. Chicago, lis; Northwestern,
781S; do. preferred, 9lh; Rock Island,
lOs5E; New Jersey Central, l06; st. Paul,
0Ox do. preferred, 30; Wabash, 5s1S; do.
preferred, 81 Fort Wayne, 99K; Terre
aad Alton, 96x; do. preferred, I23 ;Ohio
and Mississippi, 47tS; Cleveland, Column
bus and Cincinnati, seM; Burlington and
Quincy, l65; Union Pacific, Sly Central
Pscifc bonds, e9H; Union Pacific bonds,
SO.
Dry GOods-The market is quiet but
steady and firm, tending toward harden
ing rates. We quote: Amoskesg and
Adriatic brown sheetings, 121<c; Allan
tic. AA, Appleton A and Continental G,
lSc; Appleton n and Great Falls s, lO1<c;
NJ, 1l1fc; E, 1211c; Golden Ridge are up
to 1O<c; Indian Head heavy brown sheet
ings, 13xc; do. 4S inch, 171<c; do. 40 inch,
Is; do. 80 inch lie; Laeonia, exc; 80 do.
IL, S21fc; do. lzs 37xc; Laconia and
Pepperel brown drills, 13Xo; Suffolk
brown, bleached and corset jeans, I3c and
Androscoggin sale OF ems at 15c; Nsum-
ksag bleached, 15I<o; Oriental Z purple
prints have advanced to 16]<c; Great
J Falls 8 bleached n Astors, Il3fo; dc. NJ,