Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-03-19
MONEY MARKETS.
RY TELEGRAPH.


PARIS, March 1S-Rentes, $751; $50
NEW ORLEANS, March IS.-Gold
lI4s; sight, premium; sterling, bank
557.
LONDON, March 1S.-The rate of dis
count in the Opea market for three
months bills is 8t(G3s per cent. being
per c6nt. below the Bank OF EOgar {
rates. The amount of bullion gone into
the Bank OF L IgIsnd on balance to day
is e!l 900. COnsol5-fCf money, "a 5-l6
on account, "a T-l6; 5-20s of 1865, LOST
s fos OF 1867, los; 10 40s, 106; new hves
1855; New York Central, l04; Erie, la
Erie preferred, 80.
NEW YORK, March 1S.-Money
closed at 3(A5 per cent, after leaning NJ
| TO per cent. Prime mercantile paper
%95 per cent. Custom receipts, 1924, 900
The assistant treasurer disbursed S54
600. Clesrings, SCI, 900, 600. Gold steady
at 1145@ll4s. Carrying rates. 2 20 4 PEI
cent loans were also made fiat. Gov,
eminent bonds we're steady; coupons o.
1881, 1923; do. 1865, ll64 do. 1865, new,
1871; do. 1857, 1919; do. '6S. 1891; new
fives, 1881; I0-40s, regalar, lis; coupons
! llS2; currency IS, 1854. State securities
nessee IS, new, 4lS; Virginia, old, "a;
Railroad bonds quiet and firm. Stocks
opened firm and higher with the princi'
pal activity in Western Union, Lake
Shore, Pacific Mail, st, Paul end Erie.
Western Union advanced from 67s to
6S55 with subsequent reaction to 68i
regular, ard to 67596Ss seller sixty days.
T.al-a G1oro r.cuo Froy,o ri 10 GE. DaniAo
Nal declined from 2IA to 20s and after
advanced from AIT to 49,; preferred from
81 to 81; Erie from 1873 to 204; ohios
from 20i TO 215; Northwestern common
from 4Si TO 4s5; Union Pacific from Sc
70 66l, and Michigan Central from SAT TO
65s. During the last hour the market
WAS quiet, and the closing rates showed
a reaction of ] to per cent. from the
highest p-ice of the day. The greatest
decline was in Western Union and St.
Pail common; the former fell off from
66s to 6Ss and the latter from 43b to All,
closing at 43t. Pacific Mail reacted
from q to q, with the last sales st q
Adams Express advanced to 1904 bid,
and offered at Ito. Investment share 8
dull on very slight changer. The fes-
tuiS Vi Tut speculative ltSt lD-u61 WdS
the salss OF Western Union seller sixty
days from to per cent. below price in
q regular way. Transactions to day
were $4,000 shares, of which 2O,OOO
vera Pacific Mail, SO coo Western
Union, 1000 st. Paul, $1,000 Erie, 25, =
600 Lake Shore and 70 600 Michigan
Central. The closing quotations at the
stock exchange were as follOws
Western Union telegraph, 6Ss; Ps-
cific Mail, 2ls; Adams Express compa-
ny, 100; Wells & FsrgO's Express COM
pany, So; American Express com.
pSny, $50; United Ststes Express oOmps-
ny, 70; New York Central, 1l34; Erie,
20f; Erie preferred, SO; Harlem, l4l3:
Harlem prefeIred, 1874; Michigan Central,
6i3; Union Pacific stock, G54; Lake Shore,
644; Illinois Central, 1921; Pittsburg,
96l; Northwestern common, 43;
North western prefeTtd, 64S; Cleve-
land, Columbus, Cincinnati and In
disnapolis, IS; New Jersey Central,
107; Rock Island, 1l0l; st. Paul, 49,;
st. Paul preferred, 8ls; Wabash, AZ;
Wabash preferred, st; TT. Wayne, 104;
Terre Bsute, Al; Terre Haute preferred,
is; Chicago and Alton, 5; Chicago
and Alton preier'd, 103; Ohio and
Mississippi, 19i; Indiana Central, Al;
Chicago, Burlington and Quincy, II;
Hannibal and st. Joseph, 18f; Delaware
and Lsckawsuns, 19i; Atlantic and
Pacific telegraph, 19t; Central Pacific
bonds, 1851; Union Pacific bonds, 104b;
Union Pacific land grants, 1924; Union
Pacific sinking fund, 9O4; MarIpOsa, 81;
MaTiposa preferred, st; Panama, "a;
Missouri Pacific, lag; Atlantic Pacific
preferred, l04