Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-08-16
FINANCIAL.


amount of business at our banks grow,
and beautifully less, and yesterday
ted principally IN paying checks. A
IN another place makes It known that
anklng hours are chauged-open al
f IN the morning and close at two in tht
Don. IL Is not yet ascertalned 10 VIVA,
s. the stores Will follow suit. Exchang,
banks quoted at par buying aud Il sell.
Il New y ogk; on other eastern cities pai
4 and selling for both demand and
on New Orleans discount buying
Il at par. The NlcksJurE Herald says
pecle payments are practically reached
south, as under the low premium the
cannot afford 70 buy gold for shipment
" YORK. The New Orleans Times says
The Herald Is right, aud resump-
immediately practicable" The fact
4. old mas advanced o. lp1Ai may modify
lew. Che NV Igf1 latin, OF Tues
|peakiuF % the a3vanc- 90 the Bank If
'|nd rate 20 > per cent, says It Is iortu-
n here D. so small proportion o Eng
4 pitai in this country subject to with
i and also that 80 few United States
are held in Europe which can be re-
here.
JBT TELEGRAPH
~ YORK, August I5.-Mouey market
D. IiSn2 per cent. Prime mercanti.e
i sass pes cent Customs receipts.
H.. Iue assistant treasurer disbur.ed
DO. CtsasllEs. 80 30 0Dl Sterling
Il s,-4:4i5 long, 4o9 short. Specie
Il ent5 to-day, $500 90. Gold opened at
aud closed at 1905. Borrowing
4 LAP per cent. and fiat. Govern
bonds were steady; COUPONS of
j 1875; do. 1865, new, 1923; do.
i lJ5l d.. 1865. l01IS; do. new js,
do. as, 1915; do. a, 1904; l0-40s,
DO. couDOus, 1875; currency %, 1898
[Dcnd1 dull; Isnny see o., old, %; Ten
O.. new, 81. Virginia 6s, old, u ;
/ iia o.. new. Il. Missour g., l0j.
4 al bonds arm a break IN coal stocks,
by fears OF q strike growing out OF the
OF miners for increased wages aud
uniavOrab.c rumOrs Ia regard 10 the
4 ION OF trade, affected the general stock
I,ni the market. which opened strong
4 In advance q prices, declined and the
] ICE was lost in the afternoon aud the
II was weak. the decline from the high
lint Of the day ranging from l13@l4
|nt for coal shares, and 1sW2 per cent.
II general list, la the final sales a
en- tone prevailed, and there was a
i recovery. The TRANSACTIONS aggregated
D. shares, Of which 300 were Erie,
i Lake Shore, 100 Wabash, 25 900
western common and 22,OG0 preferred,
\ So. Pau. Common and 1900 pre-
!, 81 900 L8ckawanua, 2600 New Jersey
H.. 300 Delaware aud Hudson, 1900
/ gan Central, 5000 Union Pacific, 49,
s.. Joseph, and 1000 Western Union.
/ closing quotations were as follows:
] aru Union telegraph company, 81 +;
silver. y. Quicksilver preferred, 30;
l. Mal. IGif; Madposa, l0l; MaripC-
deferred, lUl; Adams Express cOmpa-
los; Wells & Fargo Express compa-
70; American Express company, Az I;
d States Express company, Az; New
Central, 1895 Enc. 1876 Erie pre-
I. 30; Harlem, l3S; Michigan Cen
6jI; Panama, l24; Union Pacific
"a; Lake Shore, 63i Illinois Cen
4 SIli ex-div.; CLEVELAND and PittsbUrg,
Northwestern, "a; Northwestern pre-.
i, 66-3; Cleveland. Columbus, CIncIn-
ud Indianapolis, 2i1l New Jersey Gen.
b.; Rock Island 1879; st. Paul, 3024 /;
iul preferred, G538 W abash, 1875 Fort
b., S45Si Icrrr Haute, l0l; Terre
! preferred, 1929; Chicago and Alton,
CHICAGO and Alton preferred, l021S F;
and Mississip-l, 758; Delaware, Lack
INA and Western, 81 10; Atlantic and Pa
telegraph, q; Missouri Pacific, 10l q
|go, Burlington and Quincy, 1909
|Ibai and Sc. Joe, Il2li; Central Pacific
J, lO6Lf; Union PacIhc bonds, 105 g I;
IA Pacific land Grants, l04; Union Pa
hiking funds, 1921.