Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-25
MONEY MARKETS.
BY TELEGRAPH,

PARIS, August "a -Rentes, 1861. 224c.
NEW ORLEANS, August 24.-Gold,
lI1t; New York sight, premium. Ster-
ling exchange, bankers bills, 544.
LONDON August "A -ConsOls for
money and on account, IS 16; 5-20s of
1855, 1851; 5 2Os Of 1867, 1851; 10-40s, 10Y;
new IS 1919 New York Central, 81;
Erie, 12f; Erie preferred, Sl.
NEW YORK, August "a Money
more active, 2(93 per cent. Prime iner-
camille paper. 3(94 per cent. Customs re-
ceipts, $685., 600. The assistant treasurer
discussed S., 900. Clesrings, SIS, 900, 900.
Sterling firm with an active business;
sixty days, 4SS; sight, 1891 Gold
opened st ll0b, advanced to I'LL and
closed at Ill. Carrying rates, per cent;
b1rrowing, l and per cent. to fiat.
Government bonds firm; coupons 1881,
Il93; do. 1865, l14a; do. 1855, new, 1l5A;
do 1857, liz; do. 1858. 1909; new IS, III;
10 40s. regular, ll6B lO-4Os, coupons,
1l91; currency g., 1851 State securities
steady; Tennessee 6s, old, 48a; Ten
nessse IS, new, Asa; Virginia IS, old, 25;
Virginia IS, new, 26: Missouri IS, 1863
Railroad bonds were firm, except New
Jersey Central, which was lower. AT
one of excitement, with heavy transsc.
lions and almost panic il coal shares.
Few jersey Central suffered the worst,
and declined Is per cent, the stock III
ing down to 40 against So at the close
last evening. Delaware, L2ckawanns
and Western followed, with 3 decline of
par cent, dropping from SS5 to 81;
then came Delaware and Hudson canal,
with fall OF 6per cent, from S43 to 7S4
regulsr and 753 seller so days. Morris
and Essex sold only in cd lots, at de-
inc of per cent, the lowest GALES hRv-
ing been at 80 Pennsylvania coal was
go bid, without business The general
mark ct outside of coal stocks was more
active than OF late and sympsthized to
some extent with the depression in the
anthracite roads; the decline ranged
from I to ! per cent. st. Paul common
fell off from 365 to 342; preferred from
68a to ST; Northwestern common from
38S to 37t; preferred from 50 to 6l4; Erie
tom 1871 TO ID; Rsck Island 1851 20 I054;
Lake Shore from 543 to SGT; Union Pa.
cfic from 632 to So; Pacific Mail from
2iE to 23s; Western Union from III to
7O8, and Michigan Central fr0m Al 10
40s After the second call the entire
market Was frmeT, and showed 8 re3ov-
cry OF / to per cent. Toward the close
there WAS great activity and excitement
in the market, with q heavy decline in
soms shares hitherto quiet and steady.
Erie declined from 13f to 81 on reports
from LOndOa that a new scheme had
been brought out lOclling to the fore
closure of the road, Toe Germans were
heavy sellers, but at the close the stock
rallied to 108 Ohios formed another
weak spot, declining from l3b to III,
and closing at about the Dwesg point,
Among other shares Western Union
dropped to 20, Lake Shore to 53B,
S.. Paul common to 33s, pre-
ferred to 81, Pacific Mail to 2S4,
and Rock Island 20 104k The coal
roads were weak in late dealings,
New jersey Central declining from 43{
to 40, and Delaware, Lackawanna and
Western from 81 to 500 In explanation
OF the decline in New j ersey Central to-
day, two reports we're current: one to
the effect that the ''pu" for large num-
Der OF shares at so, against which stock
had been bought, could not be honored
by the maker, and settlement was
made st As; and the other that large
bank in this city he'd loaned g promi-
nent holder So on 5000 shares OF stock,
and the holder not being able to take up
the loan when called upon, the sto K
Wss .old out. The market closed active,
feverish and III sttled. Transactions
aggregated 270 900 shares, of which IL, 600
were Western Uai0D, 1000 Northwest
erd, 5000 Rock Island, Is, 900 ST. Paul.
II GOO Erie, 26, 600 Lsks Shore, 1000
Odios, IL COB Michigan Central. 10000
Delaware, Lackawanna and Western,
&C. 600 New jersey Central, and 5000
Delaware and Hudson canal. The fol-
lowing were the closing quotations.:
Western Union telegraph, 7O5; Quick
silver, ID; Quicksilver preferred, Is;
Pacific Mail, 293; Msriposs, 6; Mari
pcsa preferred, z; Adams Express
liz; Wells 4 Fsrgos Express Company,
85k; American Express company, 6l3;
United States Express company, IS;
New York central, 1868; Erie, 10&;
Erie preferred, %; Harlem, 1877;
Harlem preferred, 1873; Michigan Gen.
trail, s0S; Panama, 20; Union Pacific
stocK, 50; Lake Shore, 63I; Illinois Gem
trail, s81; Cleveland and Ptttsburg, 92;
Northwestern, 364; Northwestern PIE
ferred, 6lA; Cleveland, Columbus, Gin
cinnati and Indianapolis, Ala New Jer-
say Central, 39f; ROCK Island, 1O4s
st. Paul, "a: st. Paul preferred, SIT;
Wabash, 102; Wabash preferred, 102;
Fort Wayne, 1913; Terre Hsute, 81
Terre Hauis preferred, 1911 Chicago and
Alton, IS; Chicago AID Alton
preferred, A; Ohio and Missis-
sippi, lit; Delaware, Lsckswanna and
Western, S0t; Atlantic and Pacific
telegraph, III; Missouri Pacific, AZ;
Atlantic ana Pacific, preferred, IL;
Indiana Central, 50; Chicago, Burlipg-
ton and Quincy, Is; Han
nibSI and st. Joseph, II; Central
Pacific bonds, 81; Union Pacific bonds,
q. IIrfon Pacific land rrauta n