Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-06-07

GI IELEbHd FH.f
PARIS, June 6-Ilentes, 1llf 40c.
NEW ORLEANS, June 6.-Gold, lola
l0llf; New York sight, 3-l6@4 premium.
Sterling, 4S9.
LONDON, June 6.-Consols for money,
So 1-l6; on account, 9618. United States
AIS, 1855; do. 520s OF 1867, l0912; 10-40s,
IO91S; do. new SIS, 1878; Erie railway shares,
1886 Erie preferred, 321a.
NEW YORK, June 6.-Money easy at
3@4 per cent. Prime mercantile paper, So
Az per cent. Customs receipts, 1853, 900.
The assistant treasurer discussed $96, 600.
Clearings, 50, 000,0 00 Sterling steady, 434115
@45615. Gold opened at l00B and closed
at l0l. Borrowing rates, fat to per cent.
and l-64 per cent. per diem. Govern
ment bonds were active and strong; cou-
pons of 1881. 100; DO. 1865, new, los;
do. 1867, 1919; do. new Is, 1858, 1919; new
So, 1855; new AIS, l031z; new is, IOl4;
I0.40s, regular. 1919 do. coupons, 1918;
currency 6s. 1l94 State securities were
steady; Tennessee IS, old, 3912; Tennes-
see o., new, 80; Virginia IS, old, q;
Virginia Ga, rev, q: Missouri 6s, lOI.
Railroad bonds were firm. Stocks opened
firm at an advance of Il to l Il per cent;
subsequently, however, the improvement was
lost, but in the afternoon the market was
buoyant and higher, especially toward the
close, when considerable excitement attended
the dealings. The advance ranged from 3
to Az per cent. The greatest rise was In
Rock Island, which advanced from 1l4I8 to
II9 on kilograms from Chicago that reso-
luton was adopted by the stockholders yes
terday instructIng the directors to divide the
stocks of the corporations IN which the h ock
Island company owns means In scrip dlvl-
dend of from % to 80 per cent. The North
western shares were strong and higher on
adyices from Chicago that all interests had
kou aH nj
Messrs. Howe and Flower made room for
new directors wanted by all parties in inter-
est The coal stocks, Chicago, Burlington
and Quincy, Lake Shore, and Western Union
were notably firm, and the market closed
strong, with active buying of leading shares
on orders from the west, especially from
Chicago. Transactions aggregated 15o,OOO
shares. of which 20)0 were New York Cen
trail. A.. 900 Erie, 1900 Lake Shore, 1000
Northwestern common and 5000 preferred,
5000 Rock Island, $4,000 st. Paul common
and 5000 preferred, 1900 Lackawanna, 5000
New Jersey Central, 5000 Chicago, Burning
ton and Quincy, and $500 Western Union,
The closing quotations were as follows:
Western Union telegraph company. $40;
Quicksilver, l52I; Quicksilver preferred, $50;
Pacific Mail 1871; Mariposa, l0l; Maripo-
"a preferred, IOl; Adams Express compa-
nv, IO3I6: Wells q Fargo Express COM
pany, ga; American Express company, 40;
United States Express company, 4ot4;
New York Central. Il0l4; Erie, 1873; Ene
preferred, 81 Harlem, AZ. Michigan
Central. $50; Panama, 20; Union Pacific
stock, 6916; Lake Shore, 635s; Illinois Cen
tral. S32l; Cleveland and Pittsburg, 50;
Northwestern, 53l4; Northwestern prefer
red, ma; Cleveland. Columbus, Cincinnati
and Indianapolis, 27ai; New Jersey Central,
30; Rock Island. 10; st. Paul, 523s;
St. Paul preferred, 1873 Wabash, 152l; Fort
Wayne, 81; Terre Haute, lO2; Terre
Haute preferred, ll21s; Chicago and Alton,
SO1k; Chicago and alton preferred, 1O2;
Ohio and Mississippi, 100; Delaware, Lack
awanna and Western, 33 81 Atlantic and Pa
cifc telegraph, 24Ii; Missouri Pacific, 10l1 =;
Chicago. Burlington and Quincy, 1919;
Hannibal and st. Joe, HIS; Central Pacific
bonds, 10Sl6; Union Pacific bonds, l08;
Union Pacihc land grants, 1855; Union Pa
eiic sinking funds, l0l15.