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

PARIS, July 6-Rsntes, Cal.
FRANKFORT, July CO. 5. 5-2Os OF
| 1862, IS 9.l6C.
NEW ORLEANS, July 6.-Gold, 1l7B.
Sight, premium. Sterling, 572.
LONDON, July 6.-The amount of
bullion gone into the bank on balance
to-day is Gl27, 900. COnsols for money,
So 1916; on account, 81; United States
5-2Os OF 1856 1868; 5-205 Of 1857, 1868;
IO-4O5, 1919; new s., 10S3; New York
Central, SO; Erie, l2s; Erie preferred,
%.
NEW YORK, July 6.--MOEey easy
at 2624 per cent. Prime commercial
paper, 31lg5 per cent. Foreign exchange
was dull at 4S64CG487 for sixty days, and
4S9t@490 for sight. Customs receipts,
S444, 900. Exports of produce for the
week, Sc, 1870 155. Gold closed at 1I7B,
after selling at ll73 and III. Carrying
rates, 192 per cent The assistant treas
urer discussed $685., 600. Clearings, $780,
OOO,0 900. Specie engagements for to-
morrow's steamer, 5000, 600. Gov
eminent bonds were firm; coupons OF
1881, 1925; 1862, us; 1864, lI8&; 1865,
1928; 1865, new, 1909; 1857, 1929; 1868,
12l4; new fives, ll85; I0-40s, lI9B; cur
rency Is, 1924. State bonds were
quiet; Missouri IS, 500; old Tennes.
see, AZ: new Tennessee, 49,; new Vir-
ginia, 81; old Virginia, 81; old North
Carolina, 20f; new North Carolina, 10.
Railroad bonds firm. Stocks opened
strong and higher, the improvement
ranging from to II per cent, Pacific
Mail was the leading feature, advancing
from 39s to 40s; Lake Shore rose from
70 I, Cd 70
3Sk, st. Paul to "a, Union Pacific to 758,
Western Union to 79s, and Erie to l5t,
At the second call the market YVES
quiet and firm. Stocks were strong
during the last hour Of business, when a
general improvement in prices took
place. TIE most marked advance was
in Lake Shore, Pacific Mail and West
ern Union. The greatest activity seemed
in Western Union, which rose from 794
TO sol on considerable purchases 0fstOck
for investment. Pacific Mail and Lake
Shore each advanced II per cent, the
former from $50 to $50, and the
latter from 39& to 400. Dealings in
both these stocks were attended with
more confidence than for soma time
past. Western shares are firm, North
western advancing to 39$, st. Paul TO
"a, and Rock Island to 1913. Union Pa
cific was firm at 75@754, and Erie at
15@I5l. At the close there was slight
reaction in the general list. Transac-
tons at the stock exchange ag-
gfegated Y 600 shares, of which
$4,000 were Pacific Mail, 22.000
Western Union, and q, 600 Lake Shore.
Closing quotations were as follows:
Canton, So; Western UniCn Telegraph,
79s; Quicksilver, ISL; Adams express
company, 99B; Wel!- & Fargo's ex-
press company, rs, ex-dividend;
American express company, SCI;
United States express company, 484i
Pacific Mail, 4O3; New YORK
Central 1921; Erie, Is; Erie pre-
ferred, 23B; Harlem, 1893; Harlem pre-
ferred, I3l; Michigan Central, 81; Pitts
burg and Fort Wayne, 9I4; North
western, $50; Northwestern preferred,
493; Rock Island, 1899; New jersey
Central, ITO; st. Paul, 332; st. Paul pre-
ferred, 554; Wabash, Sd; Wabash pre-
ferred, 10; Fort Wsyne, 81; Terre
Baute, los; Terre Haute, preferred,
1173; Chicago sEd Alton, 1929; Chicago
and Alton preferred, 10Y; Ohio
and Mississippi, %; Cleveland, Column
bus and Cincinnati, 49,; Burlington
and Quincy, Il2; Lake Shore, SGT;
Chicago, Columbus and Indiana Cen
trail, 81; Illinois Central, 1903; Atlantic
and Pacific Telegraph, 228; Union
Pacific, IS; Central Pacific bonds,
1929; Union Pacific bonds. l03; Della
ware and Lsckswsnns, 1881.