Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-10
MnNEE MARKETS.
by TELEGRAPH.


PARIS, July 9.-Rentes, 63f. 85c.
NEW ORLEANS, July 9.-Gold, 1163.
Sight, premium. Sterling, $50.
LONDON, July 9.--The rate of
discount in the open market for three
months bills is q per cent, or I below
the bank Of England rate. The amount
Of bullion gone into the bank of Eng
land on balance to-day is e37, 600. Con-
soils for money, "a 1-16; on account,
81 3-16; 5-20s of 1865 and 1867, 1863 /;
1O-4Os, 1919; new 5s, 104; New York
Central, 50; Erie, Is; Erie preferred, p.
NEW YORK, July 9.--Money more
active this evening and was loaned up
10 1 per cent, closing at per cent.
Prime mercantile paper, 3495 per cent.
Sterling firm at 4S63@4S7 for sixty days
and 4S9S@490 for sight. Dry goods i'm
ports for the week, 1856, 600. Customs
receipts, 1924, 900. Gold was strong,
opening at 1861 and closing at 1863
Loans were made fiat and2 per cent. for
borrowing. The assistant treasurer
disbursed S445, 600. CleariDgs were
SS9, 900, 600. Government bonds were
firm: coupons Of 1881, 1909; 1862, III;
1854, 1879; 1865, 1911; 1865, new, 1901 /;
1857, 1917; 1858, 1911; new fives, 1854 /;
lO-46s, 1lS4; currency IS, 1923. State
securities quiet, except TGnnessees and
CarOIinas, which were active and
strong; Missouri Is, SO; old Tepnes-
see, 494: new tennessee, 493; new Vir-
ginia, 81; Old Virginia, 81; cid North
Carolina, 203: new North Carolina, 10.
Railroad bonds firm. Stocks opened
firm, and prices advanced 5@s. This
Improvement was aiterWard lost, the
decline being most marked in Western
Union, Pacific Mail, Northwestern,
Union Pacific and Lake Shore. The
latter dropped off on the reported re-
newal Of sharp competition between the
Pennsylvania and Baltimore railroad on
the one hand and the New York and
Michigan road on the other. After
midday the market became strong and
prices advanced under al active buying
movement. This Improvement was
caused by the prompt settlement Of his
contracts by Jacob Rubins q Co, ard
the complete eXoneratiCn of the MIR.
Eccles by the stock exchange law COM
mittee. Stocks were strong aud higher
at the close. Western Union Wss the
leading feature, and advanced to 81 on
strong buying. Lake Shore was firm at
594G592, and Union Pacific at 75i@75.
Delaware, Lackawanna and Weslen
advanced to 121. Western shares were
ali firm, OF the advancing tendency OF
wheat and the prospect of large crops.
North western closed a. S9@294 for COM
mon and 50 for preferred. st. Paul was
strong at 34}@343 for common, and 555
for preferred. Rock Island sold at 104
Pacific Mail closed ct $4,000, the two
extremes Of the day having been $3.50
4O3, Erie was steady at Isl. TTsnsac-
tiOHg at the stock exchange were ISL O0G
shares, of which $4,000 were Pacific
Mail, 44,G00 Western Union, 5000
Erie, and "a 600 Lake Shore.
The closing quotations were: Can
ton, 50; Western Union Telegraph,
S04; Quicksilver, Is; Adams expIesa
company, S9s; Wells d F8rgo'g ex.
press company, ~; Am arica3 express
company, 81; United States express
company, IL; Pacific Mail, 365; New
York Central, 1929; Erie, l55; Erie pre-,
ierrsi, 22!; Harlem, I3l; Harlem pre-.
feTred, ISL; Michigan Central, Sc; Pitts
burg and Fort Wayne, 5lf; North,
western, IS; Northwestern preferred
493; Rock Island, 104; New jersey
Central, ma; st. Paul, 34f; st. Paul pre-
teIged, 573; Wabash, st; Wabash pre-,
lelTed, 81; Fort Wayne, 973; TerTl
Hsute, 5; Terre Baute, preferred
IS; Chicago AID Alton, 1929; Chicago
snd Alton preferred, 1861; Obi;
aud Mississippi, 29B; Cleveland, Colum
bus and Cincinnati, 40; Burlington
and Quincy, III; Lake Shore, 593
Chicago, Columbus and Indiana Cen
tral, 81; Illinois Central, 1929; Atlantic
and Pacific Telegraph, 224; UnioI
Pacific, 75i; Central Pacific bonds
l0l5; Union Pacific bonds, 1872; Della
ware and Lsckswanna, 1911.