Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-07-27
MONEY MARKETS.
RYrELEaRAPH.


PARIS, July 26.-Rentes, 55c. for &C.
count. -r-.---
FRANKFORT, July 26. U. s. bonds,
new IS, 1898. -....-
LONDON, July 26-Consols 965 for
money and on account; U. 8. bonds,
1G-4O's, 1885; Erie, 12S.
NEW ORLEANS, July 26.-Gold,
1l1B; New York sight, ! premium. Ster-
ling exchange, bankers bills, 54S.
NEW YORK, July Is Money easy
at 1A@2 per cent. Prime mercantile pa
Der, 364 per cent. Customs receipts,
$4,000. The sssis ant treasurer dis
bur ed $3.50, 600. Specie shipments, $780,
600. Clesriugs, S16, 600, 900. Gold steady
at lll391lI5. Carrying rates, 39l per
cent Borrowing rates, fl At. Government
securities steady; coupons OF 1881, 1904;
do. 1865, 1I6; do. 1885, new, 1l7b; 90.
1867, Il95; do. 1855. 1911; new IS, IlS3;
10 4Os, regular, lISk; l0-40s, coupons,
lI9; currency Ga, 1851 State securities bet.
ter; Tennessee IS, old, 44a; Tennesses IS,
new, 441; Virginia Sc, old, q; Wiz.
ginia Sc = rev, IS; Missouri IS, 1C3l.
Railroad bonds closed firm. The day
opened on the stock exchange with a
renewed depression in ccai stocks and a
further break. Delaware, LRckswSnna
and Western YVES conspicuous in the de-
cline, and tumbled AZ per cent from
1904 to 95E. New Jersey Central fol-
lowed with q decline Of II per cent,
from 643 to ga. These figures are the
lowest made for these shares for many
years, and are the result OF fear that
the coal combination will be broken.
Delaware and HUDSON Canal went off to
1904 in sympathy with other coal shares.
AT .er midday there was rally in these
stocks, which was not fully sustained.
Delaware, Lsckswanna and Western
recovered to 97$, and New Jersey Cen
trail to "a, with subsequent reaction TO
9S8 and 63t, respectively. Daring the
morning the general market cut loose
from tile coal stocks, and advanced t(9
II Der cent. Lake Shore advsLced II m
So to 53a; Northwestern, preferred. rom
64s to s.; st. Paul, fIom S74 to 31Bi st.
Paul, preferred, from SGT to 20; and
Western Uaion, from 69s to 70S Olios
went off from III to l0i, and later, rose
liz. At the second call the whole list
became weak, and outside OF coal stocks
! tne market declined /! to ] { per cent,
The latter st. Paul common. Toward
close of business there was sharp
| change forthe better in stock specUla-
ton, prices advancing from 5C95 per
! cent. st. Paul, common, rosa TO sft,
preferred to 69t; Northwest, common,
| to 4Os, preferred to SAT; Olios to ~
| Pacific Nail to 23s; Western Uuion to
| 7Os; and Lake Shore ID 53s. There were
some exceptions to the general improve
ment. New Jersey Genital declined to
| 62t, and closed 624; Michigan Central
! cell off to AL, and closed st Az; Han.
uibsl and ST. Joseph, common, declined
TO II, and preferred to %; United States
! express declined to "A; Delaware Lack
| aWanna and Wegtern closed at 923
Transactions l6S. 600 shares, Of which
1000 were Pee fic msil, ID 600 Western
! Union, $500 Northwestern, $4,000 st
Paul, 5000 Erie, 80 600 Lake Shore
| 26 600 Ohics, 5000 Michigan Central
| 5000 Delaware, Laekawanna snt
1 Western, aud 5000 New Jersey Central
Western Union telegraph, 7Ot; Quick
silver, l34; Quicksilver preferred, 10
Pacific Mail, %; MsEposs, 8; Mar
posa preferred, 81; Adams Express
/ IIOB: Wells & Fargo's kxpItss com 3aDy
SIS; American Express company