Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-22
Money. MARKETS.
BY TELEGEAPH,
FARIS, July 2l.-R9ntes, s..

FARIS, July 2l.-R4ntes, s..
FRANKFORT, July 2l.-U. s. 52Os
of 1862, $50.
NEW ORLEANS, July 2l-Gold
1l2a. Sight, premium. Sterling, 553.
LONDON, July q. - Console for
money and account, 947-16; 5-20s OF 1865,
l07t; do. 1867, 1919; 10 40s, lO54; new
fives, 1881. New York Central, SO; Erie,
13s; Erie preferred, Is.
NEW YORK, July 2l.-The market
is easy at 2 per cent; prime mercantile
paper, 33(95 per cent. Customs receipts,
S313, 600. The assistant treasurer dis
bursed $3.50, 900. Clearings, S53, 900, 900.
Gold weak, opening at 1871, declining
to 1924 and closing at 1923, Borrowing
rates, 1-64@3 per cent; carrying, los;
loans we've also made fiat. Governments
irregular, but in the main were firmer at
the close; coupons of 1881, l20; 1862, ia;
1864, 116!; 1865, 118; new, 1I7g; 1857, 1i9f;
1868, llSs; new fives, lis; l0-4Os, 1l6;
10 40s, coupons, 1l6; currency IS, 1929.
State bonds neglected; Tennessee IS,
old, so; Tennessees, new, 494; Vir-
ginia IS, old, So; Virginia
IS, new, 81 Missouri IS 1903;
Railroad bonds active and higher. the
movement in breadstutt3 continues TO
attract genera attention, and in fact he's
became the great topic Of discussion in
financial and busines circles especially.
Crop accounts from the other side con-
tinue unfavOrable, ami English and
American markets are active and on an
advance. Chicago advices were very
interesting &c day, and the quotations OF
breadstUffs ia that market were received
with as much interest on Wall street as
they usually are at the pl0duce ex-
change. StocFs opened steady, then
became firm, fell off later, and still later
became active and strong, with western
stocks leading the advance, Northwest
ern being in the van. During the early
part of the afternoon a slight falling off
occurred in consequence OF nothing
further being hesrd from the Northwest
ern directors in relation to the report
which YVES - be made public to-day,
An effort was made TO push Western
Union to the fore on the dispatches from
London OF fall in direct cable shares.
The western stocks were firm as usual,
although the activity and strength Of
the market to-day extended to the other
shares which have not participated in
the recent advance. The earnings Of
both the Northwestern and st. Paul
railroads are increasing largely, the gain
by the Northwestern averaging about
$4,000 per day for nearly a week past.
Pacific Mail was the most active stock
of the day. There was az unusually
large business 10 small lots of invest
ment shares at generally full prices. The
whole market closed firm, with GispO-
sition to an improvement. The trans
actions Of the stock exchange were H.
900 shares, OF which 81. 900 were Pacific
Mail, l2,OC0 Western Union,
$4,000 Northwestern, 1000 st.
Paul, 5000 Ellie, 1900 Lake Shore,
and 1900 Union Pacific. The clos.
ing quotations were: Western Union
Telegraph, 500; Pacific Mail, 500; Adams
express company, 993; Wells q Fargo's
express company, sly; American ex-
press company, 574; United States ex-
press company, 444; New York Gem
tral, 1035; Erie, l5s; Erie preferred,
%; Harlem, 1874; Harlem preferred,
1872; Michigan Central, 674; Union Pa
cific stock, 74s; Lake Shore, 60B Illinois
Central, 9S3; Cleveland and PIttsburg,
91s; Northwestern, 424; Northwestern
preferred, 55; Chicago, Columbus and
Indiana Central, "A; New Jersey Cen
trail, lC9i; Rock Island, l052; St Paul,
37t; st. Paul preferred, 60; Wabash,
81; Wabash preferred, Il; Fort Wayne,
94s; Terre Haute, 4; Terre Haute Dre-
ferred, Is; Chicago and Alton, 81; Chi
csgo and Alton preferred, Il; Ohio and
Mississippi, 233; Indiana Central, 50;
Chicago, Burlington and Quincy, ll3;
Hannibal and st. Joseph, 25s; Delaware
and Lackawanna, 1873; Atlantic and Pa
cific Telegraph, 90; Central Pacific
bonds, IOl; Union Pacific bonds. lCO2.