Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-03-02
MONEY MARKETS.
BY TELEGRAPH.

PARIS, Msrch 1.-Renles, CO.. 753.
NEW ORLEANS, March 1.-Gold,
ia; sight, ! premium; sterling, bank,
55495544.
LONDON, March 1.-ConsOIs for
money, "a 3-16; on account, 947-I6; 5 20J
If 1865, 105; $50. Of 1867, 1883; 10 40S.
LOOT; rev fives, 1861; New York Cen
RAJ 105; Erie, I5i; Erie preferred, 81.
WASHINGTON, March The fol.
lowing is the puoli3 debt statement:
six per cent. bouts, 1854 999 $50; five
per cent. bonds, 1897 6S4, 750; TO al coin
bonds, 81 662 SS4 AGO; lawful money
debt. $l4 0C0 600; mstured, SIS lS2, 0S0;
legal tenders 1871, oil 444; certificates
OF deposit, $50 AS, GOO; fIa stiOnat cur
reucy, Si5.I20l32; coin certificates,
$50 9l5 600; total without interest, S437,-
09l, 976; total debt, SD 202 l5S. 457; total
interest, $50 400 OPS; cash in the treas
ury, coin, $40 035, 772; cash in the treas
ucy, currency, $3.50 404, special de-
POSTS held for the redemption of ceI-
tificates of deposit, $50, c4j, COO; total in
the treasury, S1l7, $40 l76; debt, less cash
10 the treasury, 81, ll8 233 ,O39; decrease
of deGt for February So 272 1913; decrease
OF debt since Juue 80, 1875, SIS, 72S,
4l9; bonds issued to Pacific railway
companies, interest payable in lawful
money. principal outstanding, 1854, 623,-
5l2; Interest accrued and nQJ yet psid,
S6i6. 235; interest paid by the United
States, $50 l4l, 5i3; interest repaid by
transportation Of mails, ETC., Sc 724 9i7;
balance OF interest paid by the United
States, S23, 307 1875.
NEW YORK, March 1.--Mouey easy
at 3(G4 per cent. Prime mercantile pa
rev, sac per cent. Customs receipts,
SAB 0J0 Tire assistant treasurer dis
Cursed Stops coo. Cl6arinfs. S27 Co.,
coo. Gold strong, opening AT li4A and
closing at ll44. Carrying rates, TO
per cent. Government bonds steady:
coupons Of 1881, 1888; do. 1865, li65;
10 1855, new, l19s; do. '67 1913; 10.
'6S, 1898; peW fyes, 1l65; lO-4Os, regE-
lar, 49,; coupons, 11SB. ex div; curren-
CIV 8s, III. State securities quiet; Ten
nessee IS, old, 444; Tennessee IS, new,
49,; Virginia s., old, 359; Virginia 6S,
new, 81; Missouri 6s, lO3. Rail-
road bonds steady. The stock ex-
change to-day was the scene OF great ex-
element, ard very large busiaess WIS
transacted in some Of the leading shsras,.
with unusually wide fluctuations. The
speculative interest ueuteTed in Pacific
Mail, which opened al 294 9294 and sab.
sequently declined rapidly until 26 was
touched; fCOm this point there was &
rally to q, followed by a decline to 254
and a recovery to 25t. There was a great
Lref sure to ssll the sock at interval
and large stocks changed hands. This
excitement and decline in Pacific Mail
WAS generally attributed to renewed
talk about an opposition line. Western
Union was next in point of interest,
opening at 70s, advancing to 7O4, and
subsequently declined to So; later there
was recovery to 69s In this stock
there was also pressure OF sales on the
revival Cf rumors about the Iasssge Of
8 dividend, and 2 large business was
done The decline in Western Union
and Pacific Mail affected the general
market, and there was decline OF to
l per cent. After the second call the
narset was firm and higher. Daring
the last hour stocks were irregular and
the market psesed Through fequent
rallies and reactions. The final sales
were st e recovery Of / to Il per cent.
from the lowest point of tde day. Pa
cific Mail recovered from 254 to 27t, re-
acted to 264 aud closed at 263; Western
Union rslIed from 50 to $50, with last
sales ct SGT; Lake Shore rose from 500
to 6O3, sud closed st 500. Fluctuations
in otner shares toward the close were
slight and not mote than per cent. as
8 general thing. Transactions were
246 900 shares, of which 81 600 were
Pacific NAL, SO OCO Western Union,
5000 Northwestern, lI,0G0 st. Paul, SOTO
Erie, 81 ,OC0 Lake Shore, and 1900
O1ios. Closing quotations as fCl.o@s:
Western Union telegraph, I'll; Pa
cific Mail, 26i; Adams Express comDa-
ny, 1914: Wells & Fargo's Express COM
pauy, 81; American Express com
pany. 62l; United States Express cOmpa-
ny, at; New York Central, ll5ti Erie,
ISL; kie preferred "a; Harlem, lao: Her
"a preferred, 1874; Michigan Central, CO.,
Union Pscitic stock, IS; Lake shore,
500; Illinois Central, 1919; PittsOuTg,
93l; Northwestern common. AZ;
North western preferred, est; Cleye-
land, COlumt us, Cincinnati and In
disnspClis, 30; New Jersey Central,
1855; Rock Island, 10; 81. Paul, -;
st. Paul preferred, Il; Wabash, 1881;
Wabash preferred, I09t; Ft Wayne, 1925
Terre BRute, s.; Terre Haute preferred,
-; Chicago and Alton, l0l; Chicago
and Alton preieI'd, I07; Ohio and
Mississippi, 2O.; Indiana Central q;
Chicsg., Burlington and Quincy, 1877
Hannibal and st. Joseph, 49,; Delaware
aud Lackawanns, 1l73; Atlantic and
Pacific telegraph, 20; Central Pacific
bonds, 1853; Union Pacific bonds, 1865;
Union Pacific land gTaUts, 1881; Union
Pacific sinking fund ,9l3; Mariposs, 1914;
MsripCsa preferred, 1919; Panama,
81; Missouri Pacific, ll2i; Atlantic and
= = r i