Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-07-28
LEY TELEGRAPH-I
PARIS, July 27.-Rentes, 113f. soc.

PARIS, July 27.-Rentes, 113f soc.
NEW ORLEANS, July 27.-Gold, 100 "a
1909; New York sight, Il premium. SJer.
ling exchange. bankers bills, 4851f.
LONDON, July q. - Consols-mouey,
% 3-l6; account, 95lf; Illinois Central,
S71<; Pennsylvania Central, 1874; Read g,
194; Erie, l71s Erie preferred, 331<.
NEW YORK, July 27.--Money ma ket
easy at lag per cent. Prime mercar tile
$l55.000. The assistant treasurer disbursed
$4,000. Clearings, 100000. Sterling
exchange-bankers' bills, 4-215; sight ex-
cnange on New York, 4Sj1k. Gold dull at
1905. Borrowing rates, l per cent. aad
fat. The London Economist says a W tn
drawal of gold from the bank OF Eng lad
for the United States is highly pc0b-
able. Government bonds firm; coupons of
1881, 1071E; do. 1865, new, 1925; do. 1867,
1853; do. 1868 los; do. new 5s, I07S4; do.
AS, I04a4; do. As, I001s; l0-40s, 1895 do.
coupons, lO9l currency os, 1905. State bonds
steady; Tennessee 6s, old, "a; Tennes zee
6s, new, 3316; Virginia 6s, old, 20; Vir-
Railroad bonds lower. There was less activity
and excitement in the stock market to-day,
but a much firmer tone prevented, and prices
advanced sharply in some shares. The seller
of the past few days were buyers to day in
many cases. At the opening the market was
IN
l per cent. This was followed by decline
A@l5s per cent, and std later 10y an adj
vance OF 1E92H. In the afternoon the mar
ket was buoyanb, and prices advanced up to
3 per cent. from the lowest point of the morn
ing. There were large purchases of leading
shares, based on a belief that the damage to
the crops at the west had been exaggerated,
and that the trunk lines will announce an adj
vance in rates for east-bound freights
at an early day. The features of
the market were Northwestern, st.
Paul, Erie, Lake Shore, Western
Union and Lackawanna. Transactions ag-
oregated 10, 900 shares, of which $4,000 were
Erie. 5000 Lake Shore, 1910 Northwestern
common and 8 800 preferred, As 900 st. L iul
common and 1900 preferred, II, 900 Lacka-
wanna, 1900 New Jersey Central, 1900 Nor
ris Il Essex, and 800 Western Union.
The foll)wing are the closing quotations:
Western Union telegraph company, 93s3;
Quicksilver, Is; Quicksilver preferred. 3-ilS;
Pacific Maui. I62l: Mariposa, 10024; Maripo-
sa preferred, 1909; Adams Express com pa
ny, 1031S; Wells g. Fargo Express com pa
ny, 90; American Express company, 46;
United States Express company, 46; New
York Central, l092s; Erie. 1871; Erie pre-
trail, Sc; Panama. 126; Union Pacific
stock, 621S; Lake Shore, $50; Illinois Cen
trail, SAL; Cleveland and Pittsburg, S215;
Northwestern, IS; Northwestern pre-
ferred. rs; Cleveland, Columbus, Cmcln-
matt and Indianapolis, 26ll; New Jersey Cen
trail. 3721; Rock Island, ia; st. Pau, 4l24;
St. Paul preferred, 26; Wabash. 1881; Fort
Wayne, "a; Terre Haute, 10l16; Terre
Haute preferred, 1885, Chicago and Alton,
S21S; Chicago and Alton preferred, lob;
Ohio and Mississippi, ~; Delaware, Lack
awanna and Western, So Atlantic and Pa
ci6c telegraph, 2615 Missouri Pacific, 10l4;
Chicago, Burlington and Quincy, 11I1&;
Hannibal and St Joe, l1lli; Central Pacific
bonds, 1855; Union Psclhc bonds, 1855;
Union Pacihc land grants, 1919; Union Pa
fic sinking funds. 100l4