Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-03-09
MONEY MARKETS.
BY TELEGRAPH,

PARIS, March S.-Rentes, 66i. rs ;.
NEW ORLEANS, March s. Gold
I143; sight, l premium; sterling, bank,
5563.
LONDON, March S.-The amount of
bullion Withdrawn from the Bank of
England on balance to-day, eIO,OC0.
Copsols for money, "a I-l6; on account,
"a 5-l6; 5-20s Of 1855, 105; 5-205 OF 1857,
1917; 10 4Os, 1O6; new fives, los; New
York Central, l04; Erie, l5z; Erie pre-
ierred, 80.
NEW YORK, March S.-Money easy
at 2(93t per cent. Prime mercantile pa
per, 4A(953 per cent. Customs receipts,
$685. OO The assistant treasurer dis
bursed $4,000. Clesrings, $2S 900, 900.
Gold was strong, opening at 114s and
closing at ll4s. Rates paid foI carrying
were to 81 per cent. Government bonds
firm; coupons of 1881, 123; do. 1855, Ils;
do. 1855, new, 1873; do. 1867, 1911; do
i6S, 123; new f1ves, 1885, l0-4Os, regu,
lar, u.s. coupons, 1l9; currency
IS, 1921. State securities were dull:
Tennessee Is, old, 4Sb; tennessee
6s, new, 4ls; Virginia, old, 323; Vir-
ginia, new, 81: Missouri IS, 1881
Railroad bonds were in good demand,
and prices vel sustained; Hannibal
and ST. Joseph convertible rose l per
cent, selling at II. The stock market
was strong and higher in early dealings.
the advance ranging from to q per
cent. Pacific Mail rose from q to 23I
Union Pacific from 68s to 69J: Lao
Shore rom 63t to 64s; Miohiga5 q
trail from SGT 20 623; New Yor1- Zen
from 1854 To lie, and s. p = central
from 43 to 43s. Towo -sri common
reseted ! r. SET in, and prices
deciinir III per cent Pacific NJ Ill
sr; ~ 70 %, Western Union to $50,
ii lake Shore to 81, bat tue decline
was partially recovered sitter the second
call. The advance in Pacific Mali was
based sOn rumoIs Of the settlement or
negotiations for the same with Pa0ams.
The advance in Western Union was due
to rumoTs that dividend had been de-
clsred, and the decline which followed
was the result of the announcement that
the directors had passed a dividend. To-
ward the close the prices were lower,
when there was decline of ] TO II per
cent. from the highest point Of the day
Western Union fell off from 693 to 63t,
and closed st 6S3; Pacific Mail reacted
from 23s to p, rallied to %. and closed at
al A4oAO O3s 10 Oh,
and closed at 644; Erie fell off 10 III
Michigan Central to 62s, and Canton to
43; Union Pacific rose TO 6S5; st. Paul
preferred to S0t, and Atlantic and Pa
cifio telegraph to 10; Wabash closed at
los, a decline OF per cent for the day.
Transactions were las, 600 shares, Of
which Al ,000 were Pacific Mail, 25, 600
Western Union, 1000 Erie, 81 900 Lake
Shore, and 5000 Michigan Central
The statement that the Rock Island
company agreed to give monthly re-
ports to the stock exchange is mistake.
1t should have been Chicago and Alton.
Closing quotations were as tollows:
Western Union telegraph, 6Ss; Pa
cific Mail, 22i; Adams Express compA-
ny, 1861: Wells & Fargo's Express com
pany, 81; American Express com.
pany, 62t; United StatesExpress compa-
ny, 74A; New York Central, 116; Erie,
17f; Erie preferred, 35; Harlem, lag: Hsr-
Ism preferred, 134; Michigan Central, 62s;
UaiOn Pacific stock, 6S1; Lake shore,
Sat; Illinois Central, l02; Pittshurg,
$50; Northwestern common, 43s;
North western preferred, 644; Cleve
land, Columbus, Cincinnati and In.
disuapolis, 54a; New Jersey Central,
1861; Rock Island, 1101; st. Paul, 434;
st. Paul preferred, So Wabash, l0S;
Wabash prefened, 1O9i; Fl. Wayne, 1OSi;
Terre Baute, 5; Terre Haute preferred,
10; Chicago and Alton, 1929; Chicago
and Alton prefer'd, 109; Ohio and
Mississippi, 2lb; Indiana Central, AZ;
Chicags, Burlington and Quincy, 1873;
Hannibal and st. Joseph, 184; Delaware
and Lsckawsnna, 1l75; Atlantic and
Pacific telegraph, 10; Central Pacific
bonds, 1885; Union Pacific bonds, 1859;
Union Pacific land grants, 1885; Union
Pacific sinking fund, 1l04; MsrIpOsa, ~;
MAriposa preferred, u; Panama,
IS; Missouri Pacific, I12; Atlantic and
Pacific preferred, l043.