Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-06-17
MONEY Markets.
BY TELEGRAPH.

PARIS, June 16.-Rentes, 64i.
FRANKFORT, June 16.-United
States 5-2Os of '62, SO.
NEW ORLEANS, June l6.-Gold
1l68. Sight, ! premium. Sterling, $40
LONDON, June l6.-Consols fol
money, SO; on account, 935; United
States 5-2Os of 1865, 1868; 5-2Os of 1867,
ex-div., 1865; 1O-40s, 1O43; new IS, 1929;
New York Central, SO; Erie, 14i; Erie
preferred, "a.
NEW YORK, June 16.-Money easy
at 24Cf13 per cent. Prime mercantile ps.
per, 34CGy6 per cent. Sterling weaker,
487 for so days, and 400 for sight. Gus
toms receipts, 1921, 900. Gold firm at
116J9ll7. Carrying rates 193 per cent.
loans were also made at fiat. The as
sistant-tressurer disbursed $500, 900.
CIeaIings, $35,0OO,O00. Government
bonds were strong: Coupons Of 1881,
l26; sos Of 1862, 11SS; 1854, 118s; 1855,
1929; 1865, new, 124; 1857, 1855; coupons
Of 1868, 1243; new fves, 1881; 10-40s,
1871; currency IS, 1243. State bonds
quiet and strong and Tennessees higher;
Missouri IS, l02; old Tennessee, 500;
new Tennessee, so; new Virginia, 374
old Virginia, 81; old North Caro-.
lima, 204; new North Carolina, IL.
Railroad mortgages firm. The Bunker
Hill centennial andI New York yacht
race depleted Wall street to-day, and
the markets were intensely dull, espe-
cIaIly during tho afternoon. The mar
ket opened firm, and advanced / to
per cent. Union Pacific advanced from
74s to 744, ex-dividend; Western Union
from 754 to 75s. At the first call the
Pacific Mail declined from 33s to 338,
and there was O reaction in the re-
msindeT of the list in sympathy. To-
ward one o'clock q part recovery en-
sued, but another reaction took place.
At the second call Wabash broke from
8 to u, and recovered to s; Kansas Pa
citic advanced from 1913 to 20. News
from Baltimore caused q slight advance,
which was not long sustained. Stocks
were generally weaker at the close,
though the changes were slight, and
business very dull. Afeature of the day
was the strength Of investment shares.
New jersey Central advanced to 10;
Michigan Central to IS; Delaware,
Lackawanna and Western to 1183; Illi-
nois Central to 1914, and Morris and Es-
sex to 100. A cable dispatch to Kierns'
news agency reports further failures in
London. Among them were Benson d
Co., railroad supplies, and Rainbow,
HalbertOn & Co. The latter with liza
bilitits of 125, 600 pounds sterling. J.. L.
Kennedy d Co. were the New York
correspondents Of Benson & Co. Mr..
Kennedy, who is in London, tele-
grsphed this afternoon that all the bills
drawn by his firm on Benson & Co. will
be promptly protected. 1t is stated that
Alex. Call d Co., of Manchester, Eng
land, who failed yesterday, made great
deal of money in blockade running dur
ing the war. 1851, 900 OF st. Louis per
cent. gold bonds placed on the market
here have all been taken for investment
at handsome price. Transactions at
the stock exchange amounted to 165, 900
shares, OF which 10000 were Pacific
Mail, 20, 900 Western Union, 1000 North
western, 5000 st. Paul, 5000 Erie, 5000
Lake Shore, and 1900 shares of
Union Pacific. Closing quotations were:
Canton, So; Western Union Telegraph,
company, 1901; Wells & Fargo's eX-
press company, 500; American express
company, 60i; United States express
York Central, 1921; Erie, 16s; Erie
pEeI6Ereui ZGi hhIleluS iOti haIIeu pre-
ferTed, 1873; Michigan Central, 81; Pitts
burg and Fort Wayne, $50; North
western, 37i; Northwestern preferred,
50t; Rock Island, 1921; New Jersey
Central, 1l04; st. Paul, 1923; st. Paul pre-
feTred, 55; Wabash, "a; Wabash pTefd,
Is; Fort Wayne, SO; Terre Haute,
5; Terre Hsute, preferred, 10;
Chicago and Alton, l0l3; Chicago
and Alton preferred, 1861; Ohio
and Mississippi, 234; Cleveland, Column
bus and Cincinnati, 80; Burlington
and Quincy, ll3; Lake Shore, 64B;
Chicago, Columbus and Indiana Cen
trail, At; Illinois Central, 1014; Allan
tic and Pacific, telegraph, 234; Union
Pacific, stock, TAT; Central Pacific
bonds, 105f; Union Pacific bonds, I04s;
Delaware and Lsckswanns, 1I74.