Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-23
MONEY MARKETS.
BY TELEGRAPH.

PARIS, August % -Rentes, 1861. Soc
NEW ORLEANS, August 22.-Gold
lI05; New York sight, premium. Ster'
ling exchange, bankers bills, 5424.
LONDON, August % Consols fol
money and on account, 96 8 Is; 5-20s o.
1855, lost; 20s of 1867, 1O9i; 10 4Os, l073
new IS. 1919 New YtrK Central, 81
Erie, l2t; Erie preferred, 20.
NEW YORK, August 22-Money easy
at 1392 per cent. Prime mercantile pa
per, 3(94 per cent. Customs receipts,
$346,000. The assistant treasurer dis.
bursed $4,000. Clearipgs, ST., 100000
Sterling firm with aa active business
at 4S74@4S94 Gold opened and closed
at lI03, with sales in the interim at Il0s
Carrying rates / to l; borrowing, fat
Government bonds were in BET
ter demand at slightly i'm.
proved prices; coupons 1881, 1I9E;
do. 1865, ia; do. 1865, new, lis;
do. 1867, l19B; do. 1868, 1909; new 5s, III;
10-40s, regular, 116s; l0-40s, coupons,
1194; currency g., l26b State bonds
steady; Tennessee IS, old, 4S3; Ten
nesses 6s, new, 4S3; Virginia IS, old, 25;
Vir yinis IS, new. q; Missouri IS, 1864
Raj road bonds quiet and firm, except
Fries, which are lower The specula-
tive intert st in the stock market to day
centeTed in coal shares, in conse-
quence Of a meeting of the mem
Ders Of the combination, which was
held this afternoon. at this nesting q
long preamble was adopted, setting forth
that the Lshigh Valley railroad, after
agreeing TO operate with the combina.
ton, had produced more than its quota,
and also that there had been an over.
production throughout the Leh 'gh val
ley region in April last, and, in conse.
quence of the Lehigh valley operators
representing their inability t. pay the
penalties for over production, II S Jlu.
ton was unanimously adopted dis Ilv-
ing the combination. Immediately
after this the Philadelphia and Reading,
Delaware, Lsckswanna and Western,
Delaware and Hudson canal and Penn
sylvAnia companies resolved to offer Fl We
hundred tons coal at auction Tuesday,
the twenty-ninth instant. This
establishes free trade in coal,
and will not only benefit
the strong companies, but will have a
tendency TO revive some Of the PROSTATE
industries Of the country. The first ef-
feet of the coal NEE. ing was to depress
the shares of anthracite roads, but this
was soon followed by firmer feeling
and an advance in prices. the "besrs,"
who had been anticipating = panic in
the disruption OF the coal Combination,
were disappointed. Deiawsre, LScka-
wanna Snd Western, after declining to
901 rose to 9l3, and closed at cit; New
Jersey Central fell eff to 571 and clio ed
at IS; Delaware and Hudson canal was
steady at 800, and Morris and ESex at
963; Lake Snore was strong anG { high.
er; Michigan Central opened at Ali, ad-
vanced to 42g, and closed at All The
general market, in late dealings. was
strong. Transactions aggregated, 81, 600
shares, of which 5000 were Western
Union, 5000 st. Paul, 1000 Erie, 5000
Lake ShCrs, 5000 Michigan Central 5000
New jersey Central, and $4,000 Della
ware, Lackswsnna and Western. The
closing quotations were as. follows:
Western Union telegraph, ut; Quick
silver, u; Quicksilver preferred, IA;
Pacific Mail, "a; MGriposs, 81; Mari
poss preferred, 7s; Adams Express,
llO3; Wells & Fargo's Express company,
S5s; American Express company, 81;
United States Express company, 664;
New York Central, I07; Erie, l3t;
Erie preferred, 20; Harlem, 1874;
Harlem preferred, 1873; Michigan Cen
traI, Az; Panama, 80; Union Pscific
stock, so; Lake Shore, SAT; Illinois Gen.
trail, $50; Cleveland and Pittsburg, 923;
Northwestern, 49,; Northwestern pre-
ferred, 62i; cleveland, Columbia, Gin.
cinnati and Indianapolis, 4l3; New Jer.
sey Central, IS; Rock Island, 1851:
st. Paul, 36t; st. Paul preferred, 6Sf
Wabash, 102; Wabash preferred, lO2;
Fort Wayne, 1919; Terre Hsute, 81;
Terre Hsute preferred, 1877; Chicago and
Alton, So; Chicago and Alton
preferred, Al; Ohio and Missis-
slppi, 13t; Delaware, Lackawanna and
Western, 9lt; Atlantic and Pacific
telegraph, 17l; Missouri Pacific, ST;
Atlantic and Pacific, preferred, j;
Indiana Central, 81; Chicago, Burling.
ton and Quincy, 10; Han