Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-07-04
MONEY KARKEIS.
BY TELEGRAPH.

! PARIS, July 8 -Rsntes, 64f IOc.
NEWORLEANS, July 8.-Gold, III!
Sight, premium. Sterling, $40.
LONDON, July 5.-The rate of dis
count in the open market for three
months bills is $40 per cent, or 5-I6
below the bank OF England rate. The
amount of bullion gone into the bank on
balance to-day is 100000 ConsOls for
money, "a 3-16; on account, 9i5.l6:
United States 5-2Os OF 1855, 1868; 5-2Os
of 1867, 1867; l0-40s, 1043; new So, 1899
New York Central, So; Erie, 12s; Erie
preferred o.
NEW YORK, July 3.-Money closed
at l4G2 IeI cent. Foreign exchange
rather more active than usual on Satur-
day, because OF the late hour Of the sail.
ing or the packets. Nominal rates I'M
changed, but 10 tone the market is
e2sler, and good bills can be bought at
4S54 less Lie, aud sight below 400
Prime commercial paper was quoted at
S795 per cent. Gold opened and closed
al Il7sr with sales in interim at III:
rates psid for carrying, I0I4G2 per
cent Clearings, S29 600 600 The as
sistsnt treasurer disDursed S62I, 600, and
received for customs 1924 600. Govern
ment bonds dan but steady; coupons of
1881, l223i 1862, lis; 1854, IIS2; 1865,
lZ2i 1855, new, 1901; 1857, 1921; 1858
l2l3; new tives, IlS}; lO-40s, 49,; cur
rency 6s, 1924. State bonds quiet and
nominal; Missouri IS, 1909: old Tennes
see, AT: new Tennessee, ~; new Viz
giDia, o14; old Virginia, 374; old North
Carolina, 20; new North Carolina, IL.
Railroad bonds were quiet. In late az
ternoon dealings the stock market was
dull, as usual on the day preceding a
holiday, and the Long Branch races also
helped 10 take awsy the crowd. At the
opening OF business prices were lower,
but aiterwRr3 recovered, and after re-
oOveEy continued almost stationary un-
III just before the close, when there wgs
slight squirt in some al the speculative
stocks, with s tendency to higher prices.
The Chicago, Burlington aud @ lincy
railroad company gave notice TO the
stock exchange that on and after August
let the company will substitute its stock
certificates for thCs Of the Burlington
and Missouri River railroad and its
branch stock; also that II will issue its
OWL certificates Of stock in exchange Tor
convertible bonds OF the Burlington and
Missouri River railroad. The sales O.
sregsted 75 500 81 ares, Of which 300
were Erie, IS 600 Lake Shore,
Il 900 Pacific Mail, and IS 900
Western Union. Closing quotations:
Canton, IS; Western Union Telegram,
79s; Quicksilver, Is; Adams express
49, Wells & Fsrg0's ex-
press company, 79; American express
company, 81; United States express |
AZ; Pacific Mail, 395; New |
York Central, 1921; Erie, Ia; Erie |
preferred, 235 Harlem 1899; Harlem pre-
ferred, 1871; Michigan Central, 81; Pitts. |
burg and Fort Wayne 9lI; North
western, $50; Northwestern prefsrre d |
49,; Rock island, 1899; New Jersey
Central. ll0I; St. Paul, So St Paul pre-
terred, IS: Wabash, s.. Wa bash pre-
ieTed, 10; Fort Wayne, 81; Terre /
SsUte, los: TerTe Hsute, preferred, |
l174; Chicago sad Alton, 1929; Chicago
ana Alton preferred, 10Y; Ohio /
End Mississippi, 225; Cleveland, Column
bus and Cincinnati, 40; Burlington
and Quincy, ll2; Lake Shore, 5Sg;
Chicago, Columbus and Indiana Cen
trail, 81; Illinois Central, 1929; Atlantic
and Pa-ific Telegraph, 22I; Union |
Pacific, 743; Central Pacific bonds,
l024; Union Pacific bonds, 1893; Della
ware and Lsckswanns, 1l8J.