Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-10-22
MONEY MARKETS.
BY TELEGRAPH.

PARIS, October 2l.-Rentes 65f 624c
WORLEANS, October 2l.-Gold,
ll6B9ll6t; sight, z discount; sterling,
bank, So.
LONDON, October 2l.-The rste for
NOR ey NJ the stock exchange on gov
eminent securities y 1919. Con-
5 Dis for money and on account, "a 3-I6;
5-20s OF 1865, 1854; 5-205 o. 1857, lG74 ;
lO-40s, lO4S; new tivas, 1893; New Yo.k
Central, 92i Erie, l3S; Erie preferred,
81.
NEW YORK, Oototes 2l.-The mo-
ney market il easy at 2l@3 per cent
Prime mercantile pspeT, 6<d7 per cent
Customs recti pts 1858, coo The assist
ant treasurer disbugsGd S76 900. Clear
ings, $40. 900 0C0 Gold opened at 1862,
declined TO ll55 and recoveiei ID lI6k
a which it closed. Borrowing rates,
Lie, "a, 81, so and I,64 per
cent. per diem, TO 3 per cent. per
anGum. Government bOCd5 were
bsle'y : eldy; ecu DOES Of 1881, 1921;
1864, llS3; 1865, Il9; 1865. new, 1854;
1867, liza; 1868. 12Os; new IS, 1867; 10.
4GS, regular, ll5s; 10 4Os. coupons. 1863;
currency Ga, 1888. In State bonds the
only transactions wGr5 in Tennes-
sees, a. 10 for the old and As for
the new series; Tennessee IS, old, As;
Tennessee IS, new, As; Virginia IS, old,
393; Virginia IS, new 40; Missouri 6s, 1911.
Railroad bonds weIe quiet Sales
amounted 10 los, GOO shares, of which
Al 900 were Union Pacific sinking funds
ct $50; l6, 600 Union Pacific fiat mort
gage st 1929, and 1900 land grants at 98
The stock market was active, excited
and buoyant, with an sdvagce during
the day OF 4C93B per cent. Lake Shore
was the greatest feature, and under large
purchases for the rise ana efforts ID cover
short contracts, rose from 81 TO 6Og
with subse quent reaction To 50. anu
finally closed at 594; come IumOrs f.
vOrabls to the road wee sfiOst. Michi.
gan Central advanced from IS to 594,
aud closed a. 5S4 bid and offered a. So;
Pacific Mail was active and higher, ris-
ing from $50 TO 393, and Cl; sing Al 39s
Western Union advanced from 754 10
765 reacted to 75B and cl lsed a 7j5:
Onios fell from l6s to Is, rose to l7E;
uuder heavy purchases and covering { f
shorts reaching 10 Is and closing st l6I;
Erie opened at an advance o!atoGs per
cent, but af-eI ward fell from lot TO Is,
t. IS, aud closing IT I55;
Northwestern declined from 36l to 35f,
to 36l and closet at $50: [ e
preferred sold at 50, 49I@ sol; 81. Paul
common sold al 331 334(a 335. aud pre-
fer!ed at 6ls@624; Hannibal ami
st. Joe declIued from rs to I63
and rosa 10 174; Union Pscific was
firm ct 673@6S. The earnings Of this
aye large, tOti in freight
sni passengers The earnings 81 O.her
western roads are also looking up. Mis-
sour Pae fic was weak al day, and fell
from Is to /, and Atlantic and Pacific
preferred from 81 to 4! The movements
If these two stocks have cease 10 in
fiuence tue general market, which
closed active and strong At a concession
from the highest rstss. Transac-
tons at the sock exchange aggre-
gated 267 600 shares, Of which 46 600
were Pacific Mat, SO coo Western
Union. ii 600 NOTthwc tern common,
5000 Erie, lis 600 Lake Shore, 26 GOO
OniOs, and $500 Missouri Pacific
Tie closing quotations were: Wet
err Union Telegraph, 75s; Pacific
Mail, sci, Adams Express company,
l0l; Wells d FaTgs's Express COM
ptBy, 7S4; American Express company,
573; Uulted States Express company,
44t; New York Central, l03 Erie, l55;
Erie preferred, %; HsriuIa, l3I; HsT-
N preferred, 100; Michigan Central,
5Si; Union Pacific stock, 674; Lake
Shore. set; Illinois Central, e.; Pitts
burg, 80; North western, $50; North
western preferred, 50; Cleveland and
Columbus, 40; New jersey, 1919; Rock
Isiacd, 1881; st Paul 35I; Sc. Paul,
%; Wabash, 81; Wabash,
preferred, :; Fort Wayne, 96l; Terre
Haute, ;; TeTTe Haut- preferred, lS5;
Chicago AID Alton, -; Chicago AID
Alton preferred. 1903; Ono aud Miasis-
sippi, Isl: Indiana Central, g. Chic5 %,
Burlington and Quincy, III; Hsnni-
bal ard st. Joseph, l75; Delaware and
Lgckawsnns, isl Atlantic and Pacific
lS4; Central Pacific h0ud-,
l06; Union Pacific bpnGs. l0C