Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-11-28
Memphis and Little Rock.
FINANCIAL.

A SHOWS 'orm ysst ardsy morning almost
suspended business. the banks had, In consequence
lively little exch inse Money CONFINES in coed re-
ones, a. SdlO The New York HsyI'H, Of Sunday,
reports. The following Te the rates Of exchange
on New York At the aforementioned cite to-day
Savannah, buying at par, selling at lsdl2 premium;
leans commerc al 3-I8d i, bank j.; st. Louis, so
premium; chic igo hrm. par TO % premium. AID
quiet to-day. as IS usuai on SATURDAYS There was
10 change In the postal rates In our local market
"a IS the al StsgnatiOn, county scrip alone is
recovering In sufficient amount TO require quoting
- buying. 30 selling. Mexican dollars have fallen
into the 81 OdOr the APPEAL predicted for them over
three months ago when they were circulating II 100
cents on the dollar; the brokers now trade them at
S2l2 cents; who has lost tbs lTi2 cents decrease ON
then. Tue Eep y opie who complain OF hearf
taxation, but have voluntarily submitted 10 taxa
ton OF l7l2 per cent on these coins for the benefit
OF not Their country but mostly oil men who impolt
ell them 20 laJ 10 tneir woTkmen. The tfade liar
Is taken by the brokers' at 90 cents, but many per
sons are buying them up as II Is expected by them
that congress VIII m AXE them a legal tender. As
they are the same neness the stan ard do lar Of
4l2l2 gtans, ana weigh 40 grains such action OF
congress Is OF ian Jrcbab,e The INK OF England
has reduced rate from - per cent, and silver
IN London has advanced to 50as an ounce, so
that now the bullion in 4l2ls grain dollar is
worth SO.S54b, and OF the 42O trade dollar SOSIOl.
GBY TELEGRAPHI
PARIS, November 27.-Rentes, II2f 2Oc
NEW ORLEANS, November 27.-Gold, IOOIA d
lOOl2 New York sight i discount. Sterling eX-
change bankers bills. 49,.
LONDON; November 2T.-ConsOls-for money,
QB i-l6; Illinois Central 80; Pennsylvania Central,
33Ia; heading. 1912: Erie, less; preferred, 81
IOS5s; 4lss. l06as.
NEW YORK. November 2T.-Money market easy,
81 per cent Prime mercantile paper. 4l2d5 per
Customs rece ITS S262 600. Clearings, Sq 200 900.
sterling exchanged mixers bills quiet 4SI ~; New
I12ta per cent. Borrowing rates fiat. Government
DUads 81 Ung ana gavr; coupons OF 81,
1855. I6ait; new S. iGt; new 4iss ioi new 4s
1OO4; lO-4Os, registered, lOt&; lO-4Os, coupons,
old Tennessee, Biz; rev Tennessee, Big; old
Virginia, 20; new Virginia. 20; Missouri is. 100.
Railroad bonds were generally tirm. The stock mar
ket to-day exhibited considerable weakness foT coal
shares, which declined ll2 'Or New Jersey Central,
ma ana "es ern, ana "A per cent tor Delaware ana
Hudson. This we tkness WAS due to differences eX-
listing among the coal companies, and to the an
nouncemenl OF a lower schedule OF prices Tor coal
By the Pennsylvania coal company. In the fri
dealings, however these shares recovered from The
lowest point Of the day u TO lIa per cent the gen
eral maTset was firm. and closed at about the best
figures OF the day Transactions aggregated 1867
900 shares, OF which $4,000 were Lake shore,
$4,000 Northwestern common and 5000 preferred
10000 ST. Paul common and 5000 preferred
$4,000 LaekaWanna, 80 600 New Jersey Central
5000 Delaware and Hudson, 6OOl Morris and Is
sex, $4,000 Western Union, aud 1000 Missouri,
Kansas ana Texas. CLOSING quotations az follows
Western Union telegraph company. 94lS; Quicksil-
yer: 10; quicksilver preierred, 1881; Pacific Mail
Adams express company, 100; Wells " Fargo ex-
4gA; United States express company 47l4;
New York Central, Is; Erie, iS$i; Erie preferred
DUS EdEiculs lsof l1icuBnu central. OSAii rama
ma, ~; Union Pacific stock, 80; Lake Shore,
69A; Illinois Central 77l2; Cleveland and Pitts
burg, 81 ts NQrthYestern- ~ Nor: hs~estern- pre-.
Indianapolis, 33Ss; rev Jersey Central, 2gl4; Rock
7ois; wabash. lo5s; Fort Wa5ne ge54; Tefre Haute,
>; rerre Haute preferred, ,; Chicago and
Alton, 7Sl2; Chicago and Alton preferred l02 Ohio
and Mississippi, 7is;. Delaware, Laekawanna and
Western, 4tas; Atlantic and Pacific telegraph, 2S4s
Quincy inS lIG ' Hannibal and St Joe, 1fis
Hannibal aud St joe preferred 8612; Cen
trail Pacific bonds, 1856 Union Pacific bonds,
sinking funds, BIZ.