Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-05-28
IBY TELEGRAPH.7
PARIS Nav 81 -Rentaa 110f 65c

lOL L66EOhAI II III
PARIS, May 27.-Rentes. l10f. Csc.
@l011i; New York sight, Il premium.
LoNDoN, MAY 27.-Consols for money
and on account, 81 lie. United States AIS,
105x; do. 5-20s of 1866, 1895; do. l0-40s,
10911; do. new IS, 1071&; Erie, ID; Erie pre-
ferred, BIZ; Illinois Central, Si4; Penn
sylyania Central. 30A.
NEW YORK, May 27.-Money easy at 3
@416 per cent, closing at per cent. Prime
mercantile paper. AZ per cent. Customs
receipts, $349, 900. The assistant treasurer
discussed $25, 1000. Clearings, $13,OOO,OO0.
Sterling weak; actual business-long. 4e4;
short, 4861f. Gold opened at 1908, and
closed at lOl. Borrowing, rates, = to per
cent. per annum, and l-64@1-32 per
cent. per diem. Government bonds
were generally 6rm, but a triae
lower for some issues; coupons Of 1881,
1885 do. 1866, new, 1045s; do. 1857, 10711;
do. new As, 1858, 100; new IS, 1854; new
AIS, l045s; new 4s, 10l1i; l040s, 1919;
do. coupons, l071<; currency Is. 12lA.
Tennessee 6s, new, So; Virginia 6s, old,
"a; Virginia Is, rev. q; Missouri 6s, LOG.
Railroad bonds strong and higher. Specuia-
ton on the stock exchange was characterized
by marked activity and buoyancy. Early in
the day the improvement In prices ranged
from 4 to 21S per cent, as compared with
the closing quotations Saturday. Nearly the
entire list participated In the upward move
ment. Among the investment shares the
greatest advance was in Fort Wayne, which
sold up to 9!A against 3d. at the close Sat
urday; and In PIttsburg, which sold up to 81,
against sos at the close Saturday; Rock
Island and New York Central were strong;
Chicago and Alton sold up to 70, and prefer
red to 1908; Chicago, Burlington and Quin-
cy to l041s; Illinois Central TO ssh. Among
the active stocks, Northwestern and st. Paul
led the advance, and dealings were attended
with much excitement. Trunk-line shares
were strong, as were also Western Union,
Cleveland, Columbus, Cincinnati and Indian
apolls, and Union Pacific. Late In the after
noon there were sales to realize profits and
general decline IN prices of Il to l Is per
cent, but at the close there was steadier
feeling and recovery of "a to % per cent.
One of the bucket" shops failed to-day.
with liabilities about $1,000; assets unknown.
Transactions aggregated $4,000 shares, of
which 81 900 were Lake Shore, Is, 900 North
western common and 1900 preferred, 5000
st. Paul common and 5000 preferred, 1900
Lackawanna, $500 New Jersey Central, 1000
Morris and Essex, 1900 Michigan Central,
2600 Union Pacific, 20U0 Ohios, and $1,000
Western Union. Closing quotations as follows:
Western Union telegraph company, S34;
Quicksilver, 1911; Quicksilver preferred, -;
Pacific Mail, 1917; Mariposa, l0l14 Maripo-
81 preferred, lOl4; Adams Express compa-
ny, l02; Wells & Fargo Express COM
pany, 90a4; American Express company, 4811S;
United States Express company, AZ;
New York Central, I0S16; Erie, 1244 Erie
preferred, 30; Harlem, AM Michigan
Central. 664; Panama, IS; Union Pacific
stock, II; Lake Shore, 6216; Illinois Cen
trail, SO; Cleveland and Pittsburg, 50;
Northwestern, 522i; Northwestern prefer
red, 755s; Cleveland, Columbus, CINCINNATI
81 IndSananol,s %. New Jersey Central
p; Rock Island, I091S; st. Paul, 522I;
St. Paul preferred, 79lli Wabash, 1875; Fort
Wayne, 81; Terre Haute, l02; Terre
HaGte preferred, III; Chicago and Alton,
7S; Chicago and Alton preferred, 100;
Ohio and Mississippi, 1855; Delaware, Lack
awanna and Western, ssh Atlantic and Pa
ci6c telegraph, 222i; Missouri Pacific, l0l1s;
Chicago, Burlington and Quincy, 1883;
Hannibal and St joe Ills; Central P I9sII
Union Pacific land grants, 1861; Union Pa
ci6c sinking funds, l001l.