Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-07-12
IBY TELEGRAPHI

IBY TELEGRAPH
NEW ORLEANS, July 1l.-Gold, 1001S@
.l94; New York sight, Il premium. Ster-
exchange, bankers bills, 487.
LONDON, July 11.-Consols for money,
BIG; on account, 964; Illinois Central,
Pennsylvania Central, 3214; Reading,
liz; Erie, 1873 Erie preferred, 80; 5-20s Of
IA, 1914; 10-40s, Bll024; new 81, 1895
Is, 1855.
|FEW YORK, July 1l.-Money market
Ter at 2 per cent. Prime mercantile
/ per, 3@4 per cent. Customs receipts,
I q, 900 The assistant treasurer discussed
+ 900. Clearings. $1,000, 600. Sterling
|hange, bankers bills, 434; sight
Ihange on New York, 4S7.
u steady, l00Ik. Borrowing rates, fiat to
f br cent. Government bonds were gener-
steady; coupons of 1881. l07lf; do.
h B, new, 1925; do. 1867, 1854; do. 1868,
do. new 81, 1865; do. AS, 104l4; do.
f 3, 100; currency 6s, l201S. State bonds
g., new, "a; Virginia 6s. old, 20;
+ kinia 6s. rev. 20; Missouri Is, 1914.
f broad bonds, with few exceptions, were
f TX and lower. The feature was drop of
4 kr cent. in Alton and Terre Haute second
y terred to So; Chicago, and Burlington and
# hey, common, rose to 1l2, and South Pa
f I, first, to a. The stock market was buoy
land higher in early dealings, and there
X 4 further improvement in prices of Il TO
"A 3per cent. The strongest stocks were Lake
# Re, Plttsburg, Chicago, Burlington and
F. hey, Northwestern and st. Paul. During
K AFTERNOON the market was lower, and un-
short sales by the '.bears, New Jersey
NJ 3ral fell off Oh per cent, and in the gen.
list of Ii to l3I, the latter Morris and
f TX. At the close firmer tone prevailed,
+ prices showed recovery of to y per
L3. The investment shares were noticeably
.l Western Union earnings show an
base OF $4,000 for the fourth week
+ 1une, and $lS,5 for the first week
July; the earnings for the quarter
Il 500, 600 In excess of the estimate.
Il 4eonference of Secretary Sherman to-day
81 Il the represent ltIves of the late syndicate
+ Informal, and, according the best infor-
+ on TO he obtained, related solely to the
f t,on Of resumption. MIR. Sherman ex-
bed confidence in mis- ability to resume at
If necessary, and the bankers were gen
In of the opinion that there was nothing
X fevent resumption. To day the secretary
THAT, although he could not begin to re-
b greenbacks before January LIST, yet it
. In his power at any time 10 pay checks
|drafts upon the treasury in specie, and
hated that he would soon begin to do so.
Ipeci6c date was named, but member OF
Xyndlcate said after the conference that
#ould not be surprised to see the treasury
BIZ out gold on or before the first of Au-
Transactions aggregated l39, 900 shares
X hitch $500 were Erie, 5000 Lake Shore
N Northwestern common and 5000 pre-
n, 10000 st. Paul common and 200(
f. rred $500 Pittsburg, 81 900 Lackawanna,
n X .al l..la Il
II Eon, 5000 Morris and Essex, 1900 Michi
. #Central, 250O Union Pacific, 5000 Chr
Burlington and Quincy, 1000 Western
q and 1000 Pacific Mail. Th'
Btions at the close were as follows
eru Union telegraph company, S915
ksilver, Is, Quicksilver preferred, 3l4
Ec Mail, I71<; Maliposa, l0l; Maripo
Referred, l0l1S; Adams Express compa
boa: Wells & Fargo Express com
90ls; American Express company, 4I15
III States Express company, 4I24; New
Central. 1898; Erie. 1911; Eri'
rred. jl4; Harlem. l39; Michigan
Il bal. 67ls; Panama, l26; Union Pacific
81; Lake Shore, -; Illinois Cen
ssh; Cleveland and Pittsburg, 821S
hwesten, 5IH; Northwestern pre-
II ID, -; Cleveland. Columbus, Cincln
Ind Indlanarol oils, 20 New jersey Cen
Ih35S; Rock Island ISL st. PAU. 543S
1ui preferred, sal; Wabash. 1884 For
be, 95; Terre Haute, l0l; TER,
b preferred, lOI; chicago and Alton
Chicago and Alton preferred, l02
and Mississippi, 8: Delaware, Lack
|na and Western, 6056; Atlantic and Pa
telegraph, %; Missouri Pacific, 10l
leo, Burlington and Quincy, 1l2l4
Iibal and st. Joe. III; Central Pacih
IO5%; Union Pacific bonds, lO61B
n l., - "a
linking funds. l044.