Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-06-23
lBY TELEGRAPH.7

PARIS. jane 22.-Rentes. 113f. I0s.
NEW ORLEANS, June 22.-Gold, I007a
"a l0l1 u; New York sight, 3-l6@ L premium.
Sterling. 4S714.
LONDON, June 22.-Consols for money
and on ecc0unt, IS 9-I6; 5 Dos of 1867, l07;
10 4Os, lO9l2; new D., los; AIS, l053k:
Illinois Central S51S; Pennsylvania Central,
81: Enc, 1885; Erie preferred, 32{.
NEW YORK. June 22.-Money easy at ga
> per cent. Prime mercantile paper, 3@41s
per cent. Customs receipts. 1928. 900. The
assistant treasurer discussed 5000. Clear.
inQs, fl00000O0. Sterling exchange, bank.
ers' bills, 4s5@ 4S7. Gold steady at 1905.
G lrryIng rates, "a pr cent. Borrowing
Tatrs, per cent. 10 fia., and LEA per diem.
Government bonds were firm; coupons OF
1881, 1924; do. 1865, new, I047s; dc.
10 -4Us, registered, I081S; do. coupons,
los; new IS, 1868; new AIS,
1895; new Is, l0l % currency6s, l2094. State
bonds quiet; Tennessee 6s, old. 80; Ten
nessee o., new, 35lS; Virginia 6s, old. 20;
Virginia 6s, rew, y: Missouri g., 1914.
r abroad bonds were firm, except fer Pacific
issues. Th5 stock market opened excited,
heavy and lower; principally because of the
break II the Union Pacific from 6824 to GA,
on an announced omission OF the usual quar-
tery dividend. but toward the close became
strong and advanced Il TO l per cent. The
Improvement was most marked IN the Rrapg-
er shares; Northwestern, st. Paul, Lake Shore
and Michigan Central were also firm and
higher; Northwestern reached the highest
point yet, selling up to S73s. AT the close
coal stocks were weak and lower, especially
for the two Delawares, and Lake Shore was
heavy. The movement IN w estern Union
VIA the great feature OF the afternoon mar
ket, and the strength OF this stock vas due to
the reports OF immense earnings and profit.
under the arrangement with the Atlantic and
Pacific, aud the repeated story Of a stock divi-
dead. Transactions aggregated $4,000
shares, of which 400 were New York Central,
5000 Erie, $1,000 Lake Shore, "a, 900 No, tn
Rock Isla I'd, $500 st. Paul, % 900 Lacka-
wanna. 1900 Union Pacific, 1900 Western
mon. 1900 PacInc Mail. Closing quotations:
Western Union telegraph company, 1854;
Quicksilver, 1884,: Quicksilver preferred, 391s;
Pacific Mail, 1853; Mariposa, l0l; Maripo-
sa preferred, l0l; Adams Express cOmpa-
Inv. 1929; Wells & Fargo Express com
pany. 9}ls; American Express company, 4S;
United states Express company, 4I1S; New
York Central, 1854; Erie. 1874; Erie
preferred. 81 Harlem, 35; Michigan
Central. 81. Panama, %; Union Pacific
stock, "a; Lake Shore. 5S4; Illinois Cen
tral, 81; Cleveland and Pittsburg, 7S;
Northwestern, 469s; Northwestern pre-
tered, 7Oaz: Cleveland. Columbus, CILcIn-
matt md ludlsnar oils, 26A1 New Jersey Con-
tra. 3OJI; Rock island. I7sS; st. Pau, 49sS;
St Paul preferred. 1885; Wabash, ll3i Fort
Wayne, SO; Terre Haute, l0l; Terre
Ha1te preferred. 1903; Chicago and Alton,
Is; Chicago ,and Alton preferred, l02;
Ohio and MissssipoI, 1913 Delaware, La K
awanna and Western, 57ll Atlantic and Pa
ciic telegraph, 20. Missouri Pacific l0l15;
Chicago, Burlington and Quin y, 1854;
Hannibal and St Joe, mi; Central Pacific
bonds, lOS; Union Pacinc bonds, l074;
Union Pacific land grants. 1918; Union Pa
ci6c sinking funds, l0li9