Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-17
MONEY MARKETS.
BY TELEGRAPH.


PARIS, July 16.-Rentes, 64i, 474c.
FRANKFORT, July 16.-United
States 5-20s of 1862, 49,.
NEW ORLEANS, July 16.-Gold,
ll43. Sight, premium. Sterling, NOM
inal.
LONDON, July 16.-The amount Of
bullion gone into the bank Oh balance
to-day is ell 900. The rate of discount
in the open market, for three months
bills il 2gG24 per cent. COnsols-fOr
money, 50 5.l6; on account, "a 5-l6;
5-2O5 Of 1865, 1863; do. 1867, 107; new
fives, 1929, I0-4Os., 1043. New York
Central, 81; Erie, 128; Erie preferred,
p.
NEW YORK, July 16.-The market
is easy at l392 per cent; prime mercan-
tile paper, 33G95 per cent. Customs re-
ceipts, S20l 600. Clearings, S4l, 000,G coo.
The assistant treasurer discussed S243,-
90. Dry goods imports, SAB, 600. Gold
weak, opening at lis and closing at
l14s. Borrowing rates 1903 per cent. per
annum, JIG per diem and fag. Gov
eminent bonds weak; coupons Of 1881,
1913; 1862, 1l53; 1854, ll7S 1865, 100; new
1lS5; 1867, l203; 1858, 1901; new fives,
HIT; 10.40s, regular, ll7S; 10 40s, cou-
pons, ll73; currency IS, 1909. State secu-
rites dull; Tennessee IS, old, 50; Ten
nessse IS, new, 49S; Virginia IS, old, 81;
Virginia IS, new, 81; Missouri 6s, 1901.
Railroad bonds were quiet. Stocks
opened quiet and steady, with little or
no change from closing of yesterday;
later on the market became irregular
Western Union, Pacific Mail and Union
Pacific being weak and the others firm,
particularly the western rsilrOsd stocks,
such as st. Paul, Northwestern ana
Lake Shore. During the afternoon
western stocks were strong and the rest
of the market became steady under their
influence. A great deal is expected
from these stocks, from the fact that an
advance in grain and corn in England
and the disasters from floods in England
and France are expected to increase
shipments Of grain from the west and
stimulate business generally. The an
nual meeting Of the Rock Island COM
pany takes place next week, and the of
dcers OF the company are busy on their
annual report to be then presented. 1t
is said that the gross earnings Cor the
year were between SIS, 800 600 and Sl9,-
COG, 900. The Northwestern's annual
statement, which will be ready next
"CCAy WIZ SLtOM JS5 CA4ulHBo AOl NllC
past year OF about Sl3, 1904 The
market closed active and firm for west
ern shares. Transactions in stock eX-
change were 10S 900 shares, OF which
81, 900 were Pacific Mail, a COO Western
Union, 1000 Northwestern, 5000 st.
Paul, 5000 Erie, 2l00 Lake Shore,
and 800 Union Pacific. Clos
ing quotations were: Western Union
Telegraph, 79g; Pacific Mail, 3S3; Adams
express company, 99}; Wells & Fargo's
express company, 81; American ex-
press company, 563; United States ex-
press company, Is; New York Gem
trail, 1881; Erie, 14.; Erie preferred,
%; E9Jlem, I3G; Harlem preferred,
l3l; Michigan Central, 64l; Union Pa
cifie stock, 723; Lake Shore, 592; Illinois
Central, $50; Cleveland and Pittsburg,
924; North western, 40; Northwestern
preferred, 503; Chicago, Columbus aud
Indiana Central, As; New Jersey Ger
ira, 1904; Rock Island, l04s; st. Paul,
$50; 81 Paul preferred, 573; Wabash,
a; Wabash preferred, 81; Fort Wayne,
973; Terre Haute, 4 TerTe Haute pre-
feTred, Is; Chicago and Alton, q; Chi
cagO and Alton preferred, 81; Ohio and
23t; Indiana Central, 80;
Chicago, Burlington and Quincy l24;
Hannibal and st. Joseph, %; Delaware
and Lsckswaua, 1I9; Atlantic and Pa
cific Telegraph, 194; Central Pacific
bonds, lOl; Union Pacific bonds, 1C02.