Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-03-16
MONEY MARKETS.
BY TELEGRAPH,

PARIS, March l5.-Rentes, 66f. 9Oo.
NEW ORLEANS, March I5.-Geld,
ll4l; sight, l premium; sterling, bank,
$50.
LONpor, March l5-Consols-for
money, "a 5-l6; on account. "a 7-I6;
62Os Of 1866, 1054; 20J Of 1857, 1851;
10 4Os, 1855; new ,fves, 1O6; New YORK
Central, 1O4; Erie, 49, Erie preferred,
81.
NEW YORK, March 15.-Money, 5,
co. per cent. at closing offered at per
cent. Prime mercantile paper, 5,96 per
cent. Customs receipts, S438, 600. Tie
assistant treasurer disbursed $I46, 900.
Clearings, $22 DOC, 900. G1ld closed at
ll41, afteT selling at ll4s9I14s. Carrying
rates, 3 to Z per cent. Government bonds
firm nd in active demand; coupons of
1871; do. 1887, 1919; do. '6S, 1881; new
pOns. llSa; currency IS, 1861. State Sc
curities were dull; Tennessee IS, old,
43; Tennessee 6s, new, Al; Virginia, old,
81; Virginia, new, "a; Missouri IS, 103
Railroad bonds quiet and strong. Stocks
opened irregular, but in the main strong
at advanced figures During the last
hour the market was firm and higher. In
the final dealings there was q resction
of 1(9s per cent. in some cases, but the
market generally closed at the highest
point OF the day. Michigan Central
made the greatest advance, rising to 654
and closing at 655; Lake Shore rose TO
IS, Erie TO 2Os, Northwestern common
to 435, preferred to 643, Rock I3lsnd to
llOE st. Paul common to AL, preferred
to S2!, Ohio to 2ls, Union Pacific to
65s, Pacific Mail to 235 and Western
Union to IS; Mariposa sold up to 94(993.
Other changes slight. The ST. Paul d.
Tectors will meet this week to consider
dividend on preferred stock. Tne comp
trOiler Of the currency has sssented to q
voluntary liquidation Of the Bank Of the
State, the conditions being that assUr-
ances shall be given, in the form Of
bond, that the assets will be faithfully
applied to the discharge of debts. These
assets are known to be sufficient to pay
the depOsitors. Some OF the large de-
pOsitors, to the extent Of about one mil
lion dollars, have sigDified their willing
ness to allow their deposits to rem ain for
sixty or ninety days in order to enable
the bank to reallzs on their bills receiv-
able aud loans. IL has not yet been de-
termined whether the bank will be reOr-
gsnized with new officers or go out Of
existence on completion Of the liquida.
ton. Transactions were POS, 600 shares,
OF which e, 900 were Pacific Mail, $1,000
Western Union, 5000 Northwestern, IA
600 St. Paul, $1,000 Erie, 5000 Lake
Shore, COCO Ohios and 5000 Michigan
Central Closing quotations as follows:
Western Union telegraph, 591; Pa
citio Hall, 23s; Adams Express compa-
NJ, 1851; Wells d Fargo's Express COM
pIny, IS: American Express COM
pSny. So; United States Express compa-
ny, 73; n. Y. Central, ia ex-diV.; Erie,
20s; Erie preferred. So; Harlem, 1871:
II .rlem preferred, 1874; Michigan Genital,
500; Union Pacific stock, $50; Lake Shore,
Gag; Illinois Central, 1913; Pittsburg,
got; Northwestern common, 43a;
North western preferred, 643; Cleve.
land, Columns, Cincinnati and In
diapapoiis, So; New Jersey Central,
1855; Rock Island, ll0s; st. Paul, 44A;
1T. Paul preferred. SIT; Wabash, St;
Wabash preferred, ct; TT. Wayne, 1881;
rerre Baute, Al; Terre Haute preferred,
Is; Chicago and Alton, 4; Chicago
and Alton prefer'd, 100; Ohio and
Mississippi, pit; Indiana Central, Al;
Chicag>, Burlington and Quincy, IS;
Hannibal and st. Joseph, 1st; Delaware
aud LEckswanna, 1Ss; Atlantic and
Pacific telegraph, 10; Central Pacific
bonds, lOS4; Union Pacific bonds, LOST;
Union Pacific land grauts, 1893; Union
Pacific sinking fund, 9l3 Marlposa, 81;
Msriposa preferred, 81; Panama, "a;
Missouri Pacific, 49,; Atlantic Pacific
preferred, lO4!.