Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-12-05
FINANCIAL.

Yesterday was the fourth Of the month,
ana the banks had large business In consequence:
demand; regular bank customers, per cent;
others, 10 per cent Sales OF cotton, according TO
fore large accession was looked for in the supply
for exchange, but the demand equal TO all the
change and no activity; county scrip In some
inquiry a. S3dS5. There has been an advance in
Sequence Of the various projects brought before
gress, and It quO,ed 10OLi instead Of lOOls. The
lowing we're the rates OF exchange on New York At
the aforementioned cities: Savannah, buying at
i-I5 premium, isdIi premium; New Orleans, com.
meIcial, 3-lbnl4 Dank. Is; 81. Louis: par: Chicago
Herald, OF Sunday, had the following remarkable
paragraph I'm desperate attempt TO break the
IOOas-his intention being 10 squeeze money and
break stocks This is pretty dirty sort Of business
bank which is helping him, II there is any sort OF
credence to be ent 70 street reports" The Chicago
Ssy. Exchange h s viii no longer be Bought snd sold
Ses En- iRe regular s and Sxed That 9T eTa
what the Memphis banks have always done.
rBF TEL EGRAPH.l
PARIS December 4.-Rentes, II2f. 47lSc.
NEW ORLEANS, December 4.-Gold. 1O0146
IOOLs New York sight, Is discount. Sterling tx-
change bankers bills, 4sOd 48lls.
LoNDoN; December 4 - Co9s9IsI itS,,o money
trail, u.s. Pennsylvania Central 32S1; heading, ~;
Erie. 1855; preferred, 32ls; 5-2Os OF 1887, 1Osl2
rate Of discount in open market for three months
bills Is 414 10 per cent-below the Bank OF Eng
NEw YORK December Mooney market easy,
2lh65 per cent closing at 23s93 pei per cent cent
The assistant e. dsOHrsed sl2o
steady, 4sILs: New York sight, 4S6 Gold weak at
10oh. CARING RATES, id3 Ier cent; Coy
100; do. 1895, new, 1885; do. 1857, l05s; DO.
b nsSS Is, iG3 S nsg Ss re dSiS neT o
S: Tennessee Tenn srrx S old 49, old Esng gs
ginia s., new, -; MssouE, d., 90; l963s
Irresular In earJ ceallngs and prices declined La
las per cent. Lhe latter for Illinois Central; during
Dealings ana there was an advance OF 4 10 y per
cent from the lowest point The pnncipai aGuNIy
Delaware, Lackawanna and Western. Trancactiors
aggregated 1000 shares, OF which Zoo wtIe
common. 10 900 preferred. II 900 St. Pau com,
SSsn, IL 900 preferred, 1000 Pusburg. l4,OO0
sSsSs sSa Hudson 300 Morris ana EsseS 1000
Michigan central, 1000 Illinois Central. 2309 Union
Hsii. and 1860 Missouri, Kansas and
western Union tell graph company. 945s; Qucksl-
yes. l0lsi Quicksilver preferred, S3i4; Paciie Mall
Adams express company, 6Is; Wells q Fargo eX-
press company SSI9: American express company
Nv YORK Central. IA: Erie. 1885, ERIE preferred
R2Ib. Harlem. 40; Michigan central, $685. Papa-
ma. ~, Union Pacific stock. 65ss; Lake SnoEe,
S8Sa: Iilil. OIs Central SUSs Cleveland and Pitts
burg ~; M, thweStern, lSs; Northwestern pre-
ferred. 7s&t Sou yeaEd, Columbus, Cincinnati and
Indianapolis. 3lSsi lew Jersey Central zss4; Rock
72I4; wabash, 20; Fort Vase, 2Oas Terre HRute,
4 Terre Haute pTeferSd, l44; CnieaSo ana
Alton, 1874; Chicago and Alton IretefTed, lO2; ONO
and Mississippi. ia; Delaware, Lackawerna and
Western 4bls Atlantic and Pacific telegraph, y;
Missouri Pacific, liz; Chicago Burlington ana
tQuLneS. lils; Hannibal and St. Joe. l4i2
aannHL aud st. Joe preferred 36. Cen
trail PachS bonds, 7Ss; Union Pacific bonds,
5I2; Union Pacific land grants, Ga; Union Pa:ihc
sinking funds, iU2,