Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-11-22
FIN ANCIAL.

The banks were busily engaged yesterday
In way that shows a full revival OF trace. Money
the country-Tates 10 customers usually per cent
10 outsiders generally 10 per cent. kx hange dai'y
mand on New Engiand at IS of; sight on New kng-
land OF, selling at par; on Nev Orleans II dts
houses are everywhere deciding on their course
when New Years day brings The resumption OF sps-
pal points agreed upon are 10 treat gold and legal
tender notes alike, do away With special gold &C
paid in silver. Toe New orleans PiodyU,e of Tues
day, states: The banks o. this city VII,
ProgEamme at rae ne 1t meeting SaTE Of a. re
the action Of the New York banks Ia psatically de-
monetlzng silver by refusing to receive except on
quiet an1 easy aud call loans made during the
whole week at - per cent. Prime commercial
paper sold at 4l2U6 per cent The New YORK
Bajietin observes The p:ob Utilities are that,
partly out OF respect for western political influence,
and partly becauS- or the continuous accumulation
OF silver In the treasury which can be got lid OF in
no other Nay the secretary may before long begin TO
departmental disbursements in the standard silver
G8F TELEGRAPHI
PARIS, November 2l.-Rentes II2f 45c.
NEW ORLEANS, November 2I.-Gold, IOOI46
1OOls New York sight, II discount.
LONDON. November 2I;-ConSolsI-for money.
7g1s; Pennsylvania Central. 3312; heading, 1879;
Erie, 1915 preferred. 32I2; 5-20s of 1867, l0SI2;
IO-4Os, lO9a4 lew 5s, l6S2s; 4lss, 1O6.
NEW YORK. November 2I.-Money easy, 21+d4
per cent Prime mercantile paper 4l2d 5l2 per cent.
toms receipts, $3.50 coo. Clearings, So SOC, 600.
sterling exchange-b mixers bills, quiet, As Ils; New
York sight, 4S6. Gold q1et, luOls; par bid. Car
Tyng Rates l2S !i2 Der cent. Borrowing rates fiat,
liz per cent. Government bonds stead; coupons of
81 iOS3t; do %. new, 1881 q do. 1857, 1854; do.
1853 1855; new s. O5.s; Few iiss, l04ii new Is,
lOOl4; 104Os, registered, 1925; l0-4os, coupons,
IO1as; currency is. lEl@l. state bonds Gull;
old Tennessee, big; Lev tennessee, %; old
Virginia, 23i new Virginia 23; Missouri 3s. 1921:
com paraty ly quiet at opening prices, declined Is
10 81 per cent, but subsequently a nrmer tone
characterized the de7llngs. There was general ac-
vance o l4Tll2 per cent. Ia the 1nal dealiugs a
fractional IeaclOnirrom the highest point to place
The leading features OF the market were western
Union, Lake Shore, Northwestern. ST. Paul, Del
aware, iLactawanua and western. Investment
shares was generally fair. Transactions aggregated
5000 wabash, 23O0O Northwestern common, TO-
900 preferred 1000 s.. Paul common, 5000 pre-
5000 Western Union and 24OO Missouri, Kansas
and Texas Closing quotations were as follows :
Western Union telegraph company SoI2; Qulcksii-
yer. TO-; Quicksilver preierfed 3ZlI racine Mali,
1888; MarpoSa, pa; hartpOSa preferred, 2lS
Adams express company, iOb; Wells d Fargo eA-
press company, 9Sl3; american express company
da3l; United States express company, 47I2i
New York Central. il2 Erie 1885; Erie preferred,
81; Harlem, l40is; Michigan Central 6Sl2;
$50; Illinois Central. 16l - Cleveland and Pitts
burg, Sl3t; Northwestern, 443l; Nor hwesteTn pre-
ferred, 77is; Cleveland. Columbus, Cincinnati aud
Indianapolis, 81; New Jersey Central, 3O34; Rock
Island / I ia; ST Paul, so; St. Paul preferred,
fSls Waba 81, 2l.t Fort Wayne, Gnl2; Terre Haute,
Alton II; Chicago aud Alton preferred, lO2l4 Ohio
and Mississippi, q; Delaware, LackaYanna and
western 445 Atlantic and Pacific elegTS pn 28is;
Quincy 1Ois. Hlnnihal and st. joe l54;
Hannibal and St. Joe preferred So; Cen
IONS; UaIon Iacific land grants, I06; Union Pa
eihc sinking funds lO2ls.