Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-11-12
MONEY MARKETS.
BY TELEGRAPH.


PARIS, November 11.-Rentes, 65f.
50S.
FRANKFORT, November 11.-U. S.
securities-new 5s, 983.
NEW ORLEANS, November H.
Gold, II4z; sight, discount; sterling,
commercial, 553@554.
LONDON, November 1.-THE rate Of
discount in the open market for three
months bills is 25(93 per cent, being Ia
IL per cent. below the Bank of England
rate. Consols, for money, 81 Is; on
account, "a 3-l6; 5-20s ofl865, 1881; 5-20s
OF 1857, 1851; I0-40s, I044 new fives, 1881;
New York Central, So; Erie, Is; Eriepre-
ferred, 29.
NEW YORK, November 1.-Money
essy az 2}94 psr cent. Prime mercsn'
tile paper, 6(a17 per cent. Customs re-
ceipts, S249. 600. The assistant treasurer
discussed $40 coo. Clesriugs, S4l, COO
900. Gold opened at 1l4t, fell off to ll4s,
aud later advanced to 1l4g, at which it
closed. Rates for borrO wing Werel, Sand
2 per cent per annum and l.64 per cent.
I er diem. Government bonds were quiet
and firm; coupons of 1881, 1929; 1864,
Il4t; 1855, 1l5a; 1865, new, lI9; 1867, III;
1858, 1913; new 5s, Il5S; 10405, regular,
Il5!; 10 40s, coupons, ll64; currency Is,
I23E. State bonds were steady; Ten
nessee Gs, old. AZ; Tennessee IS, new,
Asst; Virginia IS, Old, 81; Virginia
S. new, 40; Missouri 81, 1921
Railroad bonds were firm, with C;eve-
land and Pittsburg consolidated, Han
nibal and ST. ice, the Pacific issues and
Northwestern as the features. The stock
market vas buoyant and active, with q
large advance ia prices, TIE leading
feature of the day was Union o -.c,,ii1
which advanced from 6S4 70 y. The
next greatest ADVANCE was in Pacific
Mail. which rose from 3Sf 10 39i. Chic
and Mississippi was active, and adj
vanced from III to 49, Northwestern
common rose from $50 TO 80; st. Paul
rom 355 to $50 and preferred from 644 to
IS, and Michigan Genital from 66s to
6TI Western UniOa fell eff 10 764, and
later rose to 76k Lake Shore advanced
II 62l, and subsequently declined to 6l3.
Hannibal and ST. Joe common advanced
to 22E Missouri Pacific rose from lat to
I5g, aud later declined tol33. Tne other
changes were slight. Stocks we're buoy
ant during the afternoon, with an act
i've business in the leading shares, but
in the final sales there was reaction
rom the extreme advance on real
izations. Union Pacific continued
To be the feature of the msrket, aud
rose to IA sgaiust 684 at The opening. At
the close there was a reaction to 7l39
I4. Pacific Mail was also prominent
IN dealings, and closed st 39(@39t, after
selling at 3St(9S9s. HANNIBAL and St.
Toe advanced to 23t for common aud to
36g for preferred, but there was subse-
opept decline to 22t and % respectively.
Michigan Central rose from 664 TO 67s,
out finally sold at 66s. Missouri Pa
cific after declining from l54 to l33, IA
lied 10 l4s, and closed at l34 illinois
Cantrsr ADVANCED from 80 10 SO. North
western closed at 3Ss, after selling up 10
80 s.. Paul ross to S5B, preferred, to DC
aud Rock leland to l04I, bnt closed at 3
reaction Of 1Gt per cent. Lake Shore
rcse from 6lE 10 62t, and declined to 81 I.
Western Uuion fell off from 76s 10 76i.
New Jersey Central advanced u los,
and Ohios TO lS5, the later closing al
ia. The charges ia the balance OF the
list are less important. The movement
at tie stock exchange to compel COM
NAMES Whose securities are there dealt
| iu to furnish trustworthy information II
regard to their properties, is making
hesdway. The railroad earnings
| thus far in November continue
to show handsome gain. The
first week SHOWS an lncTeas'
| On he st. Paul road of So, 600; and OF
Rock Island OF $50 COZ The Union
P.cific gains about SOS, 900 for the frs
two days Of the second week. No[th
| western shows 81 increase OF $40 OOO
while the earnings Of the Ohio and Mis-
sissippi railway, Juue Both to Oct0oe'
81, 1875, were, less transfers formerly IA
cluded, 81 ,OSS, 1885, less operating expe1
ses, 1874, SSH surplus, S2s5 5l4. GfSH
ard other produce is coming IN rapidly