Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-09-05
MONEY MARKET.
BY TKLRGRAPH.

LONDON, September Amount oil
bullion gore into the Bank Of England
on balances to-day, eSOO0 Consols fol
money and on account, IS IL Is; 5-2Os OF
1885. 1861; 5-20s of 1867, lC63; iJ-40s,
lot; neS IS. 1913; New Y rz Central,
IS8; Erie, st; Erie preferred, IL.
NEW YORK, September Money
easy at per cent. Prime mercantile
paper, 394 per cent Customs receipts,
1867, 900. She assistant treasurer dis
Dufsed $4,000. ClearinRs, $3I 600, 600.
Sterling dull; so days, 4S6; sight, 4S7.
Gold was active this afternoon. and sd-
vanced to 1898, closing at 1898. Toe
lowest price Of the day was IU9f-the
lowest since July, 1874 Carrying rates,
2, II, 1, and ! per cent. Loans were also
made fiat and at and a per cent. per
anDum, and l-64 per diem for use. Toe
advance was due to rumors unfavorable
to the success OF the syndicate In its OPP
erations with the new loan, although
nothing defi0Ite could be known, as the
bankers receiving subscriptions did not
close their books till four o'clock-an
hour later than the close of business in
the gold room. Government bonds were
weak this afternoon, and made q further
decline of tot per cent, but at the close
tue market was steady, in sympa-
thy with gold; coupons of 1881,
III; do. 1855, Il24; do. new, II2a;
do. 1857, I16a; do. 1858, lis; new
IS, list; 1O-40s. regular, 1144; 1O-4Os,
coupons, list currency g., 1854 State
bonds quiet; tennessee IS, old, 4St; Ten
nessee IS, new, 4St; Virginia "a, old, %;
Vir. ginis 6s, new; %; Missouri IS, 106t.
Railroad bonds were generally weak
In firsls afternoon dealing. New jersey
consolidated frsts made a farther de
cline OF per cent, touching SO; New
Jersey convertible, steady at so Lehig
aud Wilkesbsrre consolidated sold as low
as 64E. Union Pacific firsts declined
lO6f, and Morris and other consolidate
firsts to 100, and just befors the close
business stock telegraph instruments re
ported sales Ct New Jersey Central con
vertible st SO and down oS6. 1t should
probably be F9 to 76. The most
active stocks to-day were Lake Shore,
Delaware, Lackawanna and Western,
New Jersey Central, Michigan Central
and Western Union telegraph. 1t wss
not made known whether any Of the
stock forced On the market were by res.
son of embarrassment Of Randolph
Buckley & Co., OF New York aud Phila
delphia, and Of VIM. B. Clarke, an ole
member of the board, the failure OF the
latter being announced earlier in tht
dsy and the suspension Of the f0Imel
lust before the close Of business. The
week opened with great depression on the
stock exchange, and further heavy fsl
in prices: the decline ranged from ! tt
81 per cent, and was most marked IL
coal Michigan Central, Illinois
Central aud Lake Shore. Just sftel
noon stocks advanced I to IL; New Jer'
sey Central rose from 3l5 to 32t; Michi
gan Central from 354 to set; Delaware
| Lsckawaana aud Western from so Il
800; Lake Shore from cot to 50a; snC
Sc. Paul preferred from 65i to $50. 1h'
market Ia the earlier part of the las
hour advanced I to * per cent, but il
the lest half hour it again became veal
and declined I to II led by Lake Shore
The market finally closed active, I'm
settled, feverish. Transactions at the
stock exchange aggregated 23O, OO
shsres, of which 1900 were Erie, 760
Lake Shore, 1000 Northwestern, $500 Rocl
Island 1000 Pacific Mail, 1900 st
Paul, SO, GOO Ohio, Il, 900 Western U zion
42, 600 Laekawanna and Western, % 90
new jersey Central, "a 600 Michigan
Central Snd 1900 Illinois Central
Western Union telegraph, 69s; Quick
silver, ID; Quicksilver preferred, II; Pa
cifie Mail, q; Msriposs, 8; MsripOs'
preferred, 6; Adams Express, l07; Well
4 Fsrgo's Express company, So; Amer
lean Express company, So; United State
Express company, 50; New York Cen
trail, 1851; Erie. 81; Erie preferred, Is
Harlem, 1885; Harlem preferred, 1873
Michigan Central, IS; Panama, q
/ Caion Pacific stock, 81 Lake Short
49I: l..inois Central: 383; Cleveland an
PIitzburg, 81; Northwestern, SO; North
western preferred, So; Cleveland, "a
lumbus, Cincinnati and InoiaSanoll:
IS; New Jersey Central, 32}; Roc
Island, 10Sa; st. Paul. 2S; st. Paul pre-
ferred, 65s; Wabash, 1929; Wabash p1e
ferred, l02; Fort Wayne, 101; Teri
Hsute, l02; Terre Haute preferred, llC
Chicago and Alton, 81; Chicago and A
ton preferred, 1881; Ohio and Mississippi
LOT; Delaware, Lackswanna anu Wes
ern, 500; Atlantic aud Pacific telegraph
l6t; Missouri Pacific, 2; Atlantic an
Pacific, preferred, It; Indiana Centrs
Ii; Chicago, Burlington and Quincy
Y; Hannibal and st. Joseph, l0a; Ger
trail Pacific bonds, i0E; Union Pacif
bonds, e.; Union Pacific land grant
ST; Union Pacific sinking funds, 92t.