Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-11-09
MONEY MARKETS.


PARIS, November S.-Rentes, 65t. SIC.
NEW ORLEANS, November S-Gold, II51a;
sight, = discount; sterling, bank, 5501I.
LONDON, Novemb Der S.-Consols for money
and on account, 81 3-l6; sos of 80, 1887;
do. 1867, los; l0-40s, 1922; new SIS, 1887; new
York Central, 80; Erie, l51s; Erie preferred, 81.
NEW YORK, November 8-Money easy at
$685. per cent. Prime mercantile paper, 81
a, Custom receipts, S299, 600. The assistant
treasurer dtsSursed s772,0O0. Clearings, $751;
100000 Gold opened at ll514, fell of TO ll45s,
recovered to 1855, and finally closed at HOS.
Carrying rates, l, 3 and per cent; loans Were
coupons of 1881, l221; do. 1864, ll45S; do. 1865,
Il6; 1865 new, l9; 40. 1867, 1905; do 1868, H.
new fives, ll514; I0-4Os, regular, u614; coupons.
steady; tennessee IS old, az; Tonnes
, f;.u, d. nee ! 49, Virginia r., old, $8;
Railroad bonds firm and higher, with Chicago
and North western consolidation coupon gold
bonds and Michigan Central sevens as teat
ures The Pacific issues, Milwaukee and st:
Paul Fights, Rock Island sevens and Fort
Wayne firsts were also strong and higher.
stocks opened firm and higher, with a general
improvement in prices, the advance ranging
I, ON u to per cent, and was most marked in
Cincinnati, Columbus and Indiana Cen
ira, Union Pacific, Lake Shore and other
western roads. Cincinnati, Columbus, Cleye-
land aud Indianapolis advanced to $50, and
aiterwsrd sold at so, against ssh on Satur-
day. At the second call the market was firm.
In late dealings there was strong buying, ami
as a general thing the last prices were the
best made. Lake Shore was Luc leading
feature and advanced to 623s on large
transactions; Northwestern was strong
and advanced to SS1s, closing with
that price bid. This stock is the object
of strong bull Dnbinatlcn in connection
with the d avy traffic on Inc roau, a re-
duction of nearly one millions in floating
debt from June LIST to October LIST, the pres
ent year. Pacific Mail was firm at 3SssG3S7s,
closing at 3S5s. The story about
opposition inc was reNl~uu a--.u to-
day, but without any eHecG the
stock. Union Pacific recovered from 655S to
661S; at the close Erie advanced 10 TX; West
ern Union was steady at 76Z@765z; st. Pau
advar ced to 3yA for common, snd 70 81 for
l05Z TO 1917; Michigan Central rose to 6454;
Chicago, Columbus, Cincinnati and Indiana
rose and clio Ell at 81 95S, after selling up 1885,.
Other changes generally slight Arrangements
were perfected Friday which are Likely to add
a large amount of passengers and freight
across the continent from Europe to China, ia
pan and Australia. The parties to the ar
rangement are the White Star and several
other of The Atlantic steamship lines, the
overland mail roads and the Pacific Mail
steamship company, operating lines between
IAN Francisco and Japan, China and Austria
liza. Through bills of lading and through tick
cts for passengers are 10 be issued from all the
leading European Giles to China, Japan, Aus
tralia and New Zealand, and Vfce versa. Mr.
ISmay, OF the White tar line, who sal ed for
Europe saturday, and who has been spending
some time here and at San Francisco, ex-
pressed the opinion that the new line will
draw a very considerable portion of the large
business between England and Australia,
China and Japan. Tue new Australia line
is about fifteen hundred miles shorter and
some twelve to fifteen days quicker than the
Suez route. Transactions at the stock ex.
change aggregated 10000 shares, OF which
1910 were Pacific Mail, 5000 Western Union,
1900 Northwestern common, 1900 St. Paul
C, mmon, 300 preferred, 400 Lake shore, 1900
Ohios, and 5000 Union Pacific. Quotations:
Western Union Telegraph, 761z; Pacific Mail,
3SH; Adams Express company, l0lL; Wells&
Fargos Express company, 7Sss; American TX
press company, 57L; United States Express
company, IS; New York Central, 1914; Erie,
l75z; Erie preferred, 50; Harlem 1879; Harlem
preferred, $50; Michigan Central, az; Union
Pacific stock, 65j4; Lake Shore, SIS; Illinois
Central, 81; Cleveland and Pittsburg, 901l;
Northwestern, 38H; Northwestern prefd, 52H;
Cleveland, Columbus, Cincinnati and Indian
apolis, 57%; New Jersey Central, l04; Rock
Island, 1881; st, PAUL, SS7si st. Paul preferred,
81; Wabash, 81; Wabash preferred, ]; Fort
Wayne, 81; ferre Haute, 5; Terre Hsufe
preferred, %; Chicago and Alton, 81; Chi
cago and Alton preferred, 1854; Ohio and Mis-
sssippi, 1875; Indiana Central, So; Chicago,
Burlington and Quincy, 49, Hannibal and
81. Joseph, 1914; Delaware and Lackawanna,
IISls; Atlantic and Pacific Telegraph, IS; Cen
trail Pacific bonds, 1855; Union Pacific bonds,
1887,