Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-29
MONEY MAREEFs.
BY TELEGEAPH

PARIS, July 28.-Rentes, 60; S24c.
NEW ORLEANS, July 2S.-Gold,
ia. Sight, premium. Sterling, moth
ing doing.
LONDON, July 2S.-The amount oil
bullion gone into the Bank Of England
on balance TO. day is El52, 900. ConsOls fol
for money and account, "a 9-l6; 5-205 OF
1866, 107t; do. 1857, 1881; 10 40s, 1861
new fives, 1885. New York Central, SO;
Erie, I'll Erie preferred, q.
NEW YORK, July 2S.-The money
market is easy at 2t94 per cent. Prime
mercantile paper, 3395 per cent. Gus
toms receipts, $24l 600. The assistant
treasurer di=bursed Sl23, 600. CIesrings,
S92, 900 600. Gold active with frequent
fluctuations, opening at ll3, advancing
TO ll44, declining to ll5s and closing st
ll3S. Borrowing rates 1872, l-16, 81
and per cent; loans were also made
fiat and at 2 per cent. for carrying.
Government bonds lower, in sympathy
with gold; coupons of 1881, 1904; 1862,
1854; 1864, 1l93; 1865, ll83; new, =;
1867, 1901; 1858, 1901; new fives, =;
l0-40s, regular, 1l7i; 10 4Os, coupons,
1l7t currency IS, 1929. State bonds quiet;
Tennessee Ga, cid, so; TenneSss es,
new, so; Virginia IS, old, So; Virginia
Is, new, 81; Missouri 6s, 1911. Rail-
road bonds were firm. The excite
ment growing out of the failure OF Dun
can, Sherman q Co. has entirely SUBJ
sided, for the reason that it seems IS if
no fresh troubles would arise thereirom.
On the cotton exchange there was a
better feeling, and the opinion prevails
that no difficulties will arise thereirom.
The failure and suspension of the Com
mercial warehouse company produced
hardly ripple, as the failure was not
connected in any way with the general
situation Of affairs in this country.
Stocks opened firm and fell of, but az
terwsrd the market became buOyant
Snd active, with sharp advance in
prices. At the second cal the market
wss buoyant at The highest prices of the
day Stocks during the last hour OF
business were buoyant and higher, and
the best prices OF the day were made.
The largest advance was in Western
Union, which rose to sat. Union Pacific
was next in point OF advance, rising to
735- Iake Shore was also prominent,
and advanced to 500. Northwestern rose
to 400 for common and sat for preferred;
st. Paul to 364 for common, and So for
preferred; Pacific Mail to'3S8, New York
Central to 1884, Rock Island to los,
ObiOs to %, and Erie to l53. The mar
ket was generally active at the advance.
Transactions aggregated 24l 900 shares,
Of which Sc, GOO were Pacific Mail, 10000
Western Union, "a 900 Northwestern,
1900 ct. Paul, 1900 Erie, As
900 Lake Shore, 10000 Ohios,
and 5000 Union Pacific. The clos.
ing quotations were: Western Union
Telegraph, S05; Pacific Mail, 384 Adams
express company, 100; Wells q Fargo's
express company, 81; American ex-
press company, 81; United States ex-
press company, 4l4; New York Cen.
tral, 1881; Erie, IA; Erie preferred,
20; Harlem, 1872; Harlem preferred,
l32; Michigan Central, 633; Union Pa
cific stock, 70; Lake Shore, 60s; Illinois
Central, 973; Cleveland and Pittsburg,
81; Northwestern, 400; Northwestern
preferred, 46B; Chicago, Columbus aud
Indiana Central, Al; New jersey Gen.
tral, lG9f; Rock Island, 1O43; st. Paul,
SO; st. Paul preferred, 5S3; Wabash,
st; Wabash preferred, "a; Fort Wayne,
974; Terre Haute, Al; TerIe Haute pre-
ferred, 10; Chicago and Alton, 80; Chi
cago and Alton preferred, s; Ohio and
224; Indiana Central, 4s;
Chicago, Burlington and Quincy, IA;
Hannibal and st. Joseph, Is; Delaware
and Lsckswanna, 10; Atlantic and Pa
,ific Telegraph, 20l; Central Pacific
bonds, 1909; Union Pacific bonds, lC04.