Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-07-25

PARIS, July 24--Rentes, Il4f 321sc.
NEW ORLEANS, July 24.-Gold, l00$8@
1905; New York sight. Il premium. Ster-
ling exchange, bankers bills, 4S511.
LONDON, July 24-Consols, 95 9-16; Hi
aois Central So; Pennsylvania Central, "a;
Reading. 20; Erie, 1875; Erie preferred.
80; 2js Of 1867. 1855; l0-40s, lll7s; new
IS, 1885; AS, 1863.
NEW YORK, July 24.-Mouey market
easier at 119@2 per cent. Prime mercantile
paper, 3@4 per cent. Customs receipts,
$94, 900. Ciearinus. S8,5Q0,000. Sterling
exchange-bankers' bills steady, 4Sa1S; sight
exchange on New York, 4Sj15. Gold opened
at 1907 and closed at 1905. Borrowing
rates, 16@2 per cent. Government bonds
were strong and higher; coupons OF
1881. i09}s; do 1865, new, l021s 90. 1857,
i055f; do. 1868, l08; do new 5s, iOI12; do.
as IO456; do As. l001E; 10-40s, lO9; do.
couo ons, IU9; currency 6s, 1905. State bonds
steady; Tennessee 6s, old, IS; Iennes,e zee
6s. new, "a; Virginia 6s. old, 20; Vir-
ainia gs, rev, 20; Missouri 6s, 106,
Railroad bonds were generally Grm, STOCKS
opened strong and higher, but sudden
break in the granger shares and New jersey
Central weakened the whole list During the
early part of the afternoon the market was
strong again, especially for Lake Shore and
Erie, which advanced to 655s and 1928, re-
spectively, on favorable advIces from SARA
f6Ca. Toward the close a fresh break IN st.
Paul stocks unsettled the general list, and
the tone In late dealings was weak, The
movement against the granger stocks was
based on rumors Of damage to crops, which
were not sustained 10y kilograms received
from the west, nearly all OF which were OF a
favorable character. The liabilities OF
Ketchum q Baikaap are about $4,000.
TRANSACTIONS aggregated lo6,O Wy SHARES OF
ghich $4,000 were Erie, 34,OOO Lake Shore,
1900 Northwestern coLmoa ana n9Ob
preferred, 80 900 St. Paul common and 49,
600 preferred, $500 Lackawanna, 440O New
Jersey Central $500 Michigan Central, 2OOO
Western Union and 1000 Pacific Mail.
The closing quotations were us follows:
Western Union telegraph company 20;
Quicksilver, -. Quicksilver preferred, 334 /;
Pacific Mail, 10; Mariposa, l0O1s; Marlpo-
Sc preferred, 1903; Adams Express compa-
nv, lO5; Wells Fargo Express COM
pany, %; American Express company, Al;
limited States Express company, Az; New
York Central, 1491s; Erie. l738; Enc pre-
ferred. 3l4: Harlem, 1879; Michigan Cen
trail, 6756; Panama, l21; Union Pacific
ttock. 63ii Lake Shore, 642f: Illinois Cen
tfai, IS; Cleveland aud Pittsburg, 80;
Northwestern, 47si; Northwestern pre-
ferced, n; Cleveland. Columbus, Cincln-
natl and Indianapolis, 26J2; New Jersey Cen
traI, 1877; Rock Island, 1I411I; st. Pau, Asa /;
St. Paul preferred, 1913; Wabash. 1874 Fort
Wayne, 94l4; Terre Haute, l0l;, Ierre
Haute preferred, 1918; Chicago and Alton,
"a; Chicago and Alton preferred, 1887;
Ohio and Mississippi, "a; Delaware, Lack
awanna and Western, Al Is; Atlantic and Pa
ci6c telegraph. q; Missouri Pacific, 10ll
Chicago, Burlington and Quincy, 1929
Hannibal and st. Joe, III; Central PaelhC
londs, 1855; Union Pacific bonds, 1904
UnIon Pacific land grants, 1881; Union Pa
fic sinking funds. 1924.