Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-21
MONEY MARKETS..
BY TELEGEAPH,

PARIS, July 2O.-Rentes, C4s $50.
NEW ORLEANS, July 20-Gold
ia. Sight, premium. Sterling, So.
LONDON, July 2O-The rsIe Of Oi.-
count in the open market FOR three
months bills, q per cent or below The
Bank of England rats. The rate for
money at the stock exchange on gov
eminent securities is . per cent, The
amount Of bullion gone into Bank Of
England on balance to-day is 1854, 900.
COnsols-fOr money and account, "a 9-l6;
5-20s Of 1865. l07; do. 1867, 1914; 10 40s,
lC43; new fives, l63 New York Cen
trail, 81; Erie, 1911 Erie preferred, Is.
NEW YORK, July 20.-The market
is easy at l4Q12 per cent prime mercan-
tile paper, 34(95 per cent. Customs re,
ceipts, 1878, 900. The assistant treasurer
discussed SlS5,00O. Clearings, $88, 0OO,-
600. Specie engagements, $500, coo.
Gold weak at ia, declining to ll3l,
and closing 81 1873. Borrowing rates,
2(94 per cent. per sannum and "a per
diem; loans made free OF interest st the
close. Government bonds were weak,
declining t95 per cent, in sympathywith
gold; coupons OF 1881, 1919; 1862, ll53;
1854, III; 1865, 1IS5; new lis; 1857, 1l95;
1868, 1873; new fives, ll6; l0.40s, ll78;
10 40s, coupons, III; currency IS, 1923.
Stste bonds dull; Tennessee IS, old, 495 /;
Tennessses, new, 4S4; Viz
6s, new, 81 Missouri Ga 1eC3;
Railroad bonds strong for NOrthwest Tern,
Milwaukee, st. Paul and the Pacific is
sues. The stock market was buoyant
In the early dealings, and in many
cases the highest prices were made since
the present upward movement began.
Northwestern common advanced to 4lE,
preferred to SIS; st. Paul TO 81, preferred
to 6l3; Union Pacific r. 733, Lake Shore
to 6l4, Western Union to 500 and Pacific
Mail to 39t Missouri Pacific opened at
As against 40 yesterday, bu. later It ad-
vsnced to so. After midisy there was
u general reaction OF re9.iz2uons, 8
number Of holders having accepted
profits OF the recent advance, but neveEs
thelsss, the decline wsa not marked,
and at the close the marke. vas firm,
with some recovery in prices. The IN
junction against the Missouri Pacific
dividend has been dissolved, and The
same is now being paid at the Office Of
the Atlantic sud Pacific railroad. The
earnings OF the Chicago and Rock
Island road f1r the second week 10 July.
show an increase OF S65, 900. At q meet
ing OF the directors OF the E5ie TailTO2d
company to-day Mr. J5Wett, receiver,
WAS reelected president, Sherman
treasurer and M'DOnOugh secretary.
Transactions a. the stock exchange, 80
coo shares, Of which 5000 were Pacific
Mail, 5000 v esteTn Jnjcn, Il 600
Northwestern 1000 ST. Paul, 1908
Erie and $4,000 Lake Shore. Clos
ing quotations were: Western Union
Telegraph, So PaCif3 Mail, 3Si Adams
express company, 998; Wells & t1GgO'5
express company, ST.; American ex-
press company, 573; United States ex-
press company, Az; New York Cen,
trail, l0i; Erie, Isl; Erie preferred,
%; Harlem, %; Harlem preferred,
333; Michigan Central, SO; Union Ps-
cific stock, IS! Lake Shore, 500; Illinois
Central, $50 Cleveland and PittsCuTg,
9l4; Northwestern, Az; Northwestern
preferred, as; Chicago, Columbus aud
Indiana Central, As; New Jersey Cen
trail, ll0; Rock Island, 1851; -. Paul,
37s; ST. Paul preferred, 603; Wabash,
=; Wabash preferred, 81; Fort Wayne,
974; Terre Haute, +; TeITe Haute pre-
ferred, Il; Chicago aud Alton, St; Chi
csgo and Alton preferred, a; Ohio Snd
Mississippi, 23t; Indiana Central, s.;
Chicago, Burlington and Quincy, ll24;
Hannibal and st. Joseph, Is; Delaware
and Lsckawanna, ll9I; Atlantic and Pa
cific Telegraph, %; Central Pacific
bonds, l0l4; Union Pacific bonds, 1911.