Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-06-23
MONEY MARKETS,
BY TELEGRAPH,

PARIS, June ZZ--Rentes, 64f. Z5c.
NEW ORLEANS, june %. Gold,
1I7B. Sight, premium. Sterling, 572.
LONDON, June 22-The amount Of
bullion gone into the bank Of England
on balance to-day, GISS, 600. CoQsols for
money, 93EIG93@: on account. 93b(G935;
United States 5-20s Of 1865, 1865 5-20s Of
1857, 1865; 10-40s, 10z4; new IS, 1885;
New York Central, SO; Erie, II4[G12;
Erie preferred, %.
NEW YORK, June 22.-GIoney ex.
tremoly easy this afternoon, and loaned
freely at l per cent. on call. The feature
OF the market was free Offering OF cap
ital for the balance Of the year at per
cent, one lot OF $780, coo being offered st
this rate without finding borrowers;
prime mercantile paper, sos Per cent.
| Sterling weak at 4S6394864 for sixty. 4 ay,
and 4S956490 for sight, Exports for the
week, So, 697 ,0i9. Customs receipts,
S346 coo. Gold opened al 1i75, ana
closed at lI7}, Borrowing rates, 2 per
cent, and carrying, 2lG3 per cent. Loans
were also made fiat. The assistant tTsEs.
urer DISTURBED S436 eco. Clearjngs, S42, =
000, 000 Government bonds were firm;
coupons of 1881, 1861; 5-205 Of 1862, us;
1854, 1l9; 1865, 1921; 1865, new, l24; 1867,
1851; coupons Of 1868, I25; new fves,
l1Ss; 10-4Os, 1lSB; currency Is, 1929.
State bonds quiet, except Tennessees,
which declined in the morning on the
rUmors Of q default Of the July interest,
bat closing with an advance Of l per
cent. from the lowest point. MissOuri;6s,
lO3; old Tennessee, 463; new Ten
nessee, 454; new Virginia, 374; old Viz
ginia, so; old North Carolina, 20; new
North Carolina, Il. The day opened
with further improvement in financial
circles, and rise in securities on the
stock exchange, and subsequently there
was q reaction, but the markets closed
steady for bonds and stocks, and weaker
for gold snd exchange. The stock
market opened strong at an advance Of
/ to I per cent as compared with the
closing quotations yes .eTday. Pacific
Mail was the leading feature, advancing
from 3S to 40 amid great excitement.
Lake Shore rose 10 81, Erie to l43, ST.
Paul 10 80, Northwestern to 81, Union
Pacific to "A, Western Union 10 IA
Rock Island to l03, and OhiOs to 33B
Toward midday Pacific Mail fell of TO
365, Western Union 10 72I, Lake Shore
to 60s, and Union Pacific TO 49,, but at
the second call the market was firmer
and prices showed a recovery Of ! to
per cent. After the call the market was
weaker again. At the final close the
market was generally firm at the re-
cOvery of TO per CEN, from tle ! west
point Of the afternoon. Tie greatest
advance was in Pacific Mail, the last
sales OF which were at $50 TO 81, Lake
Shore rose from SOL to co., Western
Union from Il! to 728, ana Delaware
Lsckswsnna and Western from 1l93 to
49, Northwestern closed at 378G37l,
and st. Paul at 32s932!. Union PACING
was quiet and steady at 735G738. Erie
closed at 50, after selling up 10 l4!,
Transactions at the stock exchange
25S, 600 shares, Of which 50 900 were Pa
cific Mail, A 600 Western Union, 5000
Northwestern, IS GEO Erie, 81 coo Lake
Shore, and 5000 Union Pacific. Mari
posa stock, long considered dead,
sold to-day at IS per share.
Canton, 63l; Western Union Telegraph,
72i; Quicksilver, IG; Adams express
company, SO; Wells d FargO's ex-
press company, 49, American express
company, 50; United States express
company, As; Pacific Mail, So: New
YORK Central, l02; Erie, 1871; Erie
preferred, 81; Harlem, 1870; Harlem pre-.
ferred, 1872; Michigan Central, 66; Pitts.
burg and Fort Wayne, 70I; North
western, 77s; Northwestern preferred,
494; Rock Island, l02s; New Jersey
Central, 10; st. Paul, 32ss; st, Paul pre-