Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-02
York Central, IS; Erie, I2!; Sic pre-

York Central, IS; Erie, I2!; Sic pre-
ferred. 20.
NEW YORK, August Money easy
at 2(d3 per cent. Prime mercantile pa,
per, 3CI4 per cent. Customs receipts
S340,0OO The assistant treasurer dis.
burse S7S3 600. ClesrinRs, S35, 600 600.
Produce exports for the week, s., 42S 600
Sterling weak, with an active business;
steady st lll4(9lllG. Carrying rates, !
to per cent; borrowing, fiat. Govern
ment securities firm; coupons OF 1881,
1906 do; 1865, ll55; DO. 1865, ge~, M;
do. 1857, ll9i; do. 1865, 1919;
regular, ISL; 10 40s, coupons, llss;
quiet; Tennessee Is, old, 444; Tennessee
IS, new, Az; Virginia So, Old, 27i; Viz
gina 6s, usw, IS; Missouri! s., 1851.
Railroad bonds were strong and firm
Stock speculat on was characterized by
depression and low prices. New Jersey
Central w8s tue disturbing element Of
the market, aud dropped = per cent
from 49, 70 81 TegUlar-Thl.ess LES were
made IS low az 81. The reason geaeT-
ally assigned for this fresh decline in
stock for account of Philadelphia parties
Identified with the late disastrous cor.
ner in Hestonville shares. Delaware,
Lsckawana aud Western fell of one per
cent. This decline ia coal shares had g
demOrslizing Influence on the entire
stock list, and the whole market YVES
heavy and lower. RumoTs Of continued
decrease in the earnings OF sons Of the
western roads also had 2 depressing ef-
feet Oh speculation. Michigan Central
was pressed for sale aud went off from
4I3 to 404. Western Union declined
from 20 to 694, Lske Shore from 535 to
SGT, s.. Paul common from 36s 10 SO,
preferred from 674 to 675 and Union
Pacific from $50 to So. TIE decline
ia other shares was to ! per cent. AT
the second board the market wss WeSR
ard lower; the prices Of the day were
current, At The close the market wSs
frmer for some Shares, while others
were down to the lowest point OF the
day; Michigan Central rallied to 4QB;
New Jersey Central to 6lS; Lske Shore
10 334 st. Paul, common, TO 264, and
preferred TO 67s; Pacific Mail declined
TO 225; Western Union to 695 Della
ware. LackawsBa snd WPsttrI to $50,
ard New York Central to lO6. Borrow
ing rates fer coal shares were ! to ( er
cent. The recent decision at the west,
allowing the Atlantic aud Pacific Tele-
graph company to build lines over Ger
tain railroads, was used with effect
against Western U1iOn. TfanssctiOas
were about SO, 600 shares, of which 5000
were Pacific Msil, 1900 Union Pacific,
10 000 st Paul, $1,000 Lake Shore,
Is 600 Michigan Central, 1910 Delaware,
LackaWRna and Western. and 5000
New jersey Central. Closing quotations:
Western Union telegraph, 655; QuIcB
silver, II; Quicksilver preferred, IA;
Pacific Mail, 222; Mariposa, q; Mar
pOss preferred, 8; Adams Express,
Ill; Wells q FaFgO's Express company,
81; American Express company,
593; United States Express company,
81; New York Central, 1861; Erie, 1874;
Erie preferred, 20, Harlem, 1877;
Harlem preferred, 1873; Michigan Cen,
trail, 400: Panama, SO: UCion Pacific
stock, IS; Lake Shore, E3s; Illinois
Central, 81; Cleveland and Pi'tsburg,
IS; Northwestern, 39B; Northwestern
preferred, ST. Cleveland, umbus, Gin.
cinnati and indianapolis, 3d. New Jer.
sey Central, 6ls; Rock Islsrd, 1919:
st. Paul, 365; st Paul preferred, SIT;
Wabash, 2; Wabash preferred, 3
Fort Wayne, q; Terre Hsute, s;
Terre Haute preferred, 1885, Chicago and
Alton, 100; Chicago aad Alton pre-
ferred, 1917; Ohio and Mississippi, l29;
DelSware, Lackawannsa ndWes5eru, 500;
Atlantic ard Pscific telegraph, III;
Missouri Pacific, g.; Atlantic and Pa
cific, preferred, 2; Indi,na Central, 80;
Chicago, Burlington and Quincy, I73;
Hannibal and st. Joseph, liz; Central
Pacific bonds 81; Union Pacific bonds,
At; Union Pacific land grants, a.;
Union Pacific sinking funds, SAT.