Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-06-21

PARIS, June 20.-Rentes, 1l2f. SOC.
NEW ORLEANS, June 20.-Gold, I01@
10l1i; New York sight. 3-l6@4 premium.
Sterling, 46712.
LONDON, June 20.-Consols for money,
% 7-16; on account, 9515; 5-20s of 1867,
1855 Illinois Central. Sc; Pennsylvania Cen
trail, 81.
NEW YORK, June 20-Money easy at %
21S per cent. Prime mercantile paper, 3@415
per cent. Customs receipts, 1864, 900. The
assistant treasurer discussed S34, 900. Clear
ings, $40, 100000. Sterling exchange, bank
ers' bills, 435@4S7. Gold opened at 1909
and closed at l005s. Borrowing rates, 3 per
cent. to fiat. Government bonds were firm.
I04B; do. 1867, 10S16; do. new 4s, 1858,
1105s; 10 40s, registered, l06; do. coupons,
l0315; new 5s, i0l q new AIS, l0S18; new
As, los; currency 6s, 1905. State bonds were
quiet and firm; Tennessee 6s, old, sc; Ten
nessee 6s, new, 35; Virginia Is, old, 20;
Virginia Is, rev, %: Missouri 6s. 1929.
Railroad bonds were irregular. The stock
market was weak in the early dealings and
declined 10 q per cent but afterward be-
came firm and advanced l1@1 per cent,
Rock Island and Cleveland, Columbus, GIN
cinnati and Indianapolis being the most
prominent in the upward movement. Toward
noon the market became irregular. In the
change, the entire list recording sharp de-
cline under heavy pressure to sell, both for
long and Snort account. The break In prices
ranged from 4 to Is per cent, Northwest
ern, st. Paul and Pacific Mail leading the
downward movement. At the close the low
est prices OF the day were generally current.
Pacific Mail, however, rallied to 75B.
Prospective dividend on Lake Shore was Of
fered at ll1S per cent. on blocks of 5000 to
10000 shares to-day. The executive COM
mittee of the Lake Shore road will meet In
this city on the twenty-eighth instant, when
the question of dividend will be considered.
There is still much mcclure on the street
as to what the dividend will be and the price
of stock Is affected more or less by the varl-
Gus rumors ailoat IN regard to the matter
The Pacific Mail directors voted to pay the
Panama railroad $50, 900 instead of the
$l50,000 claimed. Transactions aggregated
10000 shares, of which l400 were New
York Central, $500 Erie, Al 900 Lake Shore
1000 Northwestern common and 1900 pre-
ferred, 300 Rock Island, 5000 st. Paul
1900 Lackawanna, 1000 Delaware and Hud
son, 100 Michigan Central, 1900 Ohio, 720C
Western Union, and 1900 Pacific Mail
The closing quotations were as follows
Western Union telegraph company, ex-dlv
S37a; Quicksilver. ID; Quicksilver preferred 81
Pacific Mail, l5;S; MarlpOsa, lOI; Marlpo'
sa preferred, l0l; Adams Express compa-
ny, 102; Wells & Fargo Express com
pany, 922f American Express company, 473s
United States Express company, Al; New
York Central. 1885; Erie. 1914; Erie
preferred. 800; Harlem, 35; Michigan
Central, 662li Panama, %; Union Pacific
stock, $685.; Lake Shore, SO; illinois Cen
trail, "a; Cleveland and Pittsburg, 781S
Northwestern, 45%; Northwestern pre-
fersed, 703s; Cleveland. Columbus, Gin
cInuati aud Indianapolis, q; New Jersey Cen
trail. 292f Rock Island, 1879; st. Paul. 1895
st. Paul preferred, 781S; Wabash. -; Fort
Haute preferred, 10; Chicago and Alton
784; Chicago and Alton preferred, 102
Ohio and Mississippi, 1878; Delaware, Lack.
awanna and Western, 5744 Atlantic and Pa.
ci6c telegraph, 1919; Missouri Pacific, 1913
Chicago, Burlington and Quincy, 1861
Hannibal and st. Joe, l12; Central Pacific
bonds, lO8; Union Pacific bonds, los
Union Pacific land grants, 1878; Union Pa
ci6c sinking funds, 1925