Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-06-13
kGNEg MARKETS.
BY TELEGRAPH.

PARIS, June l2.-Reutes, 64t zoe.
NEW ORLEANS, June l2.-Gold,
ll63. Sight. 5 premium. Sterling, SO.
LONDON, June y The rate OF dis
count in the open market for three
months bills is 81 OF 3 per cent. below
the bank of England rae. ConsClS for
money, SO! on account g3}G.93g; Uait-
ed States 5-2Ds Of 1855, 1863; 5-2Os Of
1867, lC9l; lO-40s, 1915 new s., l03I;
New York Central, 81; Erie, IA; Erie
preferred -.
NEW YORK, June 12.-doneyc closed
at , per cent. On call Foreign exchange
firm. During the afternoon tbs leading
bankers advanced The official asking
rates TO 469 and 49l. No business f5T to-
days packet was done above 4S73 and
400 ret. Prime mercantile paper quoted
at 33G5 per cent. Gold opened at lleE
and closed at 1863, at which all lrans-
actions Of the day were made. Carrying
rates, lE.2 per cent Loans also made fiat.
CleaHugs, $1,000 The assistant
treasurer discussed today s.. 600, 900, Of
which 81, 655 600 was paid on account Of
the sixteenth cAll Tor bonds. Customs
receipts, $4,000, Government bonds
closed firm; coupons Of 1881, 1853: 1852.
llS!i 1854, llS4i 1865, 1923; 1865, new,
1879; 1857 i25; 166S, 1913; new Gves,
ll75i lC-4Js, ll9i currency Is, 1921
Stsle bonds we're quieI aud nominal;
Missouri 6s, 1927 old Tennessee, 4g.
new Tennessee, 49,; new Virginia, 81;
old Virginia 81. old North Can.
lima, 2J!; new North Carolina, 10
Railroad ssCuT. tiesGull in late afternoon
dealings. S.3css strong a. the opening
on the general belief that the railroad
war wss virtually st an end. Later on
the whole list fell of, but aiterwarG
rallied, and sdvsuced I toI3 per cent,
aad then became Irregular and con-
tiEued so until late in the afternoon,
when western stocks became weak, par
riCular.y Northwestern common aud St
Paui common. The general lis5 was
very dull, a large Iuwbe Of operators
having LOIe 10 the jerome lace. The
Pacific Mail directors met for the pur-
pose Of considering the question Of rails
ing money to meet the maturing in
stailmeuts on account Of the three iron
steamers now building, aud also 10 pay
of he Panama loan. After disgussi N
the matter wGs referred 10 the executive
committee. The decline il North
western common R8d preferred
was based on q TumOr that the company
intended to make 8 fresh issue OF stock.
a story was also started that the Sr.
R&ui company intended to issue new
stoc6, which was without the slfxhtest
Of truth. Stocks at the close
were steaiier, with q recovery Of ! 10
Il per cent. from the decline before mo- |
uced. Northwestern Gnd st. Pagl led /
the market IN the recovery. Transac- |
lions to-day aggregated lSS 600 shares, /
oi which 10, $40 shares were Erie, 90 900
Lake shore, Il coo North western, 1900
Pacific Mail, 5000 -, Paul, $3.50 CaiUs. /
- $40 Western Union, aud Is 600 Union
Pacific, Closing quotstious were:
Canton 81; Western Union Telegraph, |
~; QuiCkz'ivET, I57; Adams express
100; Wells q FARCE
express cOmoanv 81 American express I
50; United States express /
Al Pscac Msii, S2l: New
York Central, 104; Erie, I8E. Erie
preferred, p; Harlem, 1874: Harlem pre- /
erred, 1873; Michigan Centre C51: Pitts I
JuTg and Fort Wayne, $50; North /
western, 36g; Northwestern preferred [
IS3; Rock Island, l0Z: New jersey |
central, 1851; st. Paul, 29B; st. Paul pre-