Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-12-11
FINANCIAL.

The activity that has characterized our
bank business since the resumption OF business still
continues Money Is In full reqIesI at SdlO per
cent per annum; the banks ara importing from the
east all tina Is necessary I, suppl. eLIrent wants
mand on sew England 3 OF; SIGHT on New England
Il or selling at par; on New Orleans = discount buy
ing selling at par. shelby county scrip buying at
IS. selling at 30. Last sales OF Memphis co
promise bonds we're at 53l and weak. Gas stock
FumOrs OF sales al figures above what have
been talked Of which .ri Is , doubtful ne
rates OF exchange on New York at the undeTInen-
"a premium; Charleston. easy, buying OF par ul-lb
sSommsrciaI xa: bank L.; 81 Louis par; Chicago
flrm buying, 40 discount; selling. LILO premium
aud Boston. "a premium" The New York CORE
states. 1.-The refusal OF the Baltimore and Phila-
depha banks TO Join with the new York banks upon
sRehanse on Eew York 10 such premium as Would
Include the difference between the bullion
OF The gold dollar unless. Indeed, the Baltimore
ana PHILADELPHIA banks hope, congress shall take
ssch action as Will egusi5e me Ins value Of me
Tine treasury will buy trade dollas (420 gfainsl
only as bu lion; their bullion value to-day was 81
collars coined Is S35,95g.360 The amount
90. ed Is S25 Sl5 $50, and the Chinese rsurnlng
SEhich would leave In the United States 143.4IO
The dscOaliuuance by the treasury Of the Issue of
nsTrass the e0Sernmeut 10y gold operations to find
Storage al their own cost HitnsrtO the government
last dent statement showed that there we're S32,-
aB2gUO god certificates outstanding. Secretary
continue heir manipulation Of the premium, 10 sell
81 100000 OF gold a dsy in order to wipe out the
IBY TELEGRAPRI
PSRIS, December 10.-Rentes, 1l2t S2Lsc
MEN ORLEANS, December l0-New York sight,
Is Discount. Sterling exehange-bankers' bills
LONDON. December IO.-Consols-for money.
QfI5-I6; on Ras91nt, ~ 3-l6 Illinois Central 20;
pfefetfeC Bis: 5-lOs o. 1897, IOs8s; I040s, ITO;
new IS, 1OS2s; 4Iss, sOoss- the amount OF bullion
gone In, 413,OO0.
NEW YORK. December 1H-Money LnOIe &C
tive, 315 per cent closing 3ds DER cent. fnine
mercantile paper 495i2 per cent oe a Tcsa5ta
s205.UOO. CIeafinss, S8, 700 900. Sterling. ex-
change bankers bills frm, 4s2l2 New York
isIi Per cent. Borrowing rates fiat. Govern ent
G I9s DO gus 1865 new IoSs DO 1887 1867 DO
1858, l09tS; new S. l0S; new OF as Ia t6t
s TsHHss;ss , ID q b4is, Tsnds; y;ss
s es ne g.. new new; ~; Missouri u ,s 1868
Railroad bonds QUIET The ttock ma ket was less
M iS and Essex rose from 1854 70 n q; Re;
i,st SdTsne,d Il to per cent aud clos at are
action O: ia y per cent. Transactions. $4,000
wabash, 1900 northwestern common, 5000 pre-
ferred 5,O0 st. Paul common. 1000 preferred.
~ 600 Lack 4Wanna 1900 Morris and Essex. 5000
Union Pacific, $4,000 Western Union, 24O0 Pacific
wall. IRE e flowing are the quotations;
Western Union telegraph company 94!4i Omcksii-
ver I2I8; Quicksilver preferred, 3294; faclle NAL
1888; Marlposa, 3I4; MaTiDoSa preferred. Big;
Adams express company 6I2; Wells Fargo eH~
press company, %; American express company.
1ql5; United States express company, Al
New York Central l22s; Erie 1873; Erie preferred,
32Ia; Harlem. 40; Michigan Central, bSl2; rama
ma, l2I; Union Pacific stock, 659s Lake Snore,
6S7s; Illinois Central. TIM; Cleveland and Pits
burg, S2S4; Northwestern, 46fs; Nor hwestern pre-;
ferred, 7iis; Cleveland. Columbus. Cincinnati and
Indianapolis. 3ISi; new jersey Central 27Ss; Rock
Island Sl4; st. Paul, 35I5; st. Paul preferred,
79l<: Wabash, 229s; Fort Wayne. 1905 Terre Hante,
i; TeFre Haute preferred, 10; Chicago ana
Alton, 10. Chicago and Alton preferred l02; Ohio
and Mississippi, III; Delaware, Lackawanna and
Western, 42Is; Atlantic and Pacific telegraph, 29l2;
Missouri Pacific, III; Chicago, Burlington and
Quincy fs4; Hannibal and st. Joe, 1913;
+ hannibal aud Sc. Joe preferred 34ls; Cen
IA: q zion Pacific land grants 7is; Union Pacific
slpttn,r ,sund 3ta.