Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-15
MONEY MARKETS.
BY TELEGRAPH,

PARIS, July 14.-Rentes, 64f. 2Oc.
FRANKFORT, July IA United
States 5-20s Of 1862, 9S4
NEW ORLEANS, July 14.-Gold,
lI53. Sight, premium. Sterling, 565
LONDON, July I4.-The amount Of
bullion gone into the bank on balance
to-day is e744, 900. The rate for money
at the stock exchange on government
securities is q per cent. Consols for
money, 945; on account, "a 3-l6; 5-2Os
of 1865, 1861; do. 1867, 1868; l0-40s, 1044;
new fives, 1914; New York Central, 81;
Erie, 12l; Erie preferred, p.
NEW YORK, July 4.-The market
is easy at per cent; prime mercantile
paper, 3495 per cent. Customs receipts,
1924, 600. CleaTings, S5S, 100000. Gold
weak, opening at ll5B and closing at
1l44. The decline was occasioned by
better prices for consols and American
securities abroad, and the following dis
patch from Washington: Secretary
Bristow claims authority under the spe-
Gle resumption act to continue the issue
OF five per cent. bonds over and above
the five hundred million dollars author
lied by the funding act Of 1870, to any
extent necessary to carry into effect that
law" Borrowing rates, los per cent. per
aDnum. and 1.l6 per diem; loans also
made fiat. Governments weak, in SYM
pathy with gold; coupons of 1881, 1872;
1862, 1l5i; 1864, 1875 1865, l19s; new,
1lSE; 1867, 100; 1868, 117s; new fives,
ll75; 10-40s, regular, III; 10 4Os, coupons,
1l74; currency IS, 1921. State bonds
quiet, except Tennessees, which were
q little off; Tennessee 60, old, 49B; Ten
nessee Is, new, 494; Virginia IS, old, 81;
Virginia IS, new, 81; Missouri 6s, 1909.
Railroad bonds were weak. There was
little interest taken in stocks to-day.
The market opened dull hut generally
firm. Toward the close prices declined
to per cent, and the market left off
weak at the decline. The only feature
wss the break in Atlantic and Pacific
Telegraph from 223 to Is, with the clos
ing sales at IS. In the stock exchange
the suspension Of Smith d Seaver was
announced, the failure growing out of
some old transactions. The sales OF
stock to-day were $1,000 shares, of
which II 900 were Pacific Mail, $4,000
Western Union, IL 900 Erie, q, 200 Lake
Shore, and 5000 Union Pacific. Clos
ing quotations were: Western Union
Telegraph, 793; Pacific Msil, 393; Adams
express company, 99a; Wells & FargO's
express company, 70; American ex-
press company, SIT; United States ex-
press company, 434; New York Cen.
trail, 1881; Erie, 13s; Erie preferred,
%; Harlem, 1871; Harlem preferred,
l3I; Michigan Central, IS; Union Pa
cific stock, 73s; Lake Shore, 5Ss; Illinois
Central, 103; Cleveland and Pittsburg,
Sl3; Northwestern, 323; Northwestern
preferred, 493; Chicago, Columbus and
Indiana Central, AZ; New Jersey Cen
tral, ll03; Rock Island, l043; st. Paul,
34g; st. Paul preferred, SIT; Wabash,
5; Wabash preferred, 81; Fort Wayne,
974; Terre Hsute, 5; Terre Haute pre-
ferred, Is; Chicago and Alton, %; Chi
cago and Alton preferred, q; Ohio and
Mississippi, %; Indiana Central, 80;
Chicago, Burlington and Quincy, u;
Hannibal and st. Joseph, 23a; Delaware
and Lsckawana, 2O4; Atlantic and Pa
cific Telegraph, 10; Central Pacific
bonds, 10l; Union Pacific bonds, 1905.