Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-06-13
and Little Rock.
FINANCIAL.

The quietude of our banks was uninter-
rupted yesterday, and as man always finds
comfort IN the dIstresses of his fellow-crea-
lures, 1t is concllltory to know that other
cities are sharing the quiet We find so annoy
ing. The ST. Louis Globe, OF tuesday, said
The week opened just about as dull as was
desirable. The discount inquiry tor money
was very limited, and mostly from business
paper. There were no large transactions of
any kind The days record was about the
same as that of several days for some time
past, only it was a little worse As bad as
before and little more so-that is just the
burden OF the song in every newspaper imam
cial column we examine. Exchang- is in
scant offering at our banks, with prospect
of "mOre OF the same sort, now our stock
of cotton Is so small and decreasing daily.
The rate remained at par buying and Il
premium selling on New York, on other east
ern cities par buying, and Il premium sell
ing for both demand and sight: on New Or
leans, L discount buying, selling at par.
The local stock market was as dull as the
spot that awoke the lamentations Of Jere
miah; Heather Chinee corner deserted, not a
green hand 10 pluck, not stray heather
with his fingers up his sleeves.
IBY TELEGRAPH.7
PARIS, June l2-Rentes. ll2f. 25c.
NEW ORLEANS, June 12.-Gold, lola
1014; New York sight, 3-l6@4 premium.
Sterling, 400.
LONDON, June I2.-Consols for money,
IS 5-l6; ON account, 50 7-16. United States
AS, 1855; do. 5-2Os Of 1867, I09l4; I0-40s,
1919; Illinois Central, SD; Pennsylvania
Central, 81.
NEW YORK, June 12-Mouey held at 21f
@3 per cent. Prime mercantile paper, SO
"a per cent. Customs receipts, S276,OO0.
The assistant treasurer discussed $6l, COO
Clearings, SO. 900 600. Sterling. 45519 q 1875.
..N -,
were Sol per cent.-abd fat Government
bonds firm: COUPONS Of 1881. l091s; do. 1865,
new, 104B; do. 1867 1919; do. new As,
1858. lI0I4; new s., 1853; new AS,
1885; new A., lola l040s. regular, lO719;
do. coupons, l07S8; currency IS, 1879. State
securities were steady; Tennessee 6s, old, 80;
Tennessee Is, new, 3415; Virginia 6s, old, 20;
Virginia 6s. rev, 25: Missouri IS. 1861.
Railroad bonds were generally weak. Stocks
were weak and lower, the decline ranging
from Il to 2 per cent. The depression was
brought about by vague rumors on the stock
exchange about the impending strikes and
riots and the announcement OF disruption
of the east bound pool arrangement, which
it is believed will result In cutting rates IN all
directions. Transactions aggregated 10000
shares, of which 38, 900 were Erie, 39, 900
Lake Shore, 1000 North western common and
1000 preferred, $1,000 Rock Island, 10000
st. Paul common and 1000 preferred, 5000
BItUSDurG, ZUUU LlCkdWdund, fOOO DSldWdIe
and Hudson. 1000 Michigan Central, 5000
Ohos, and 1000 Western Union: The
closing quotations were as follows:
Western Union telegraph company, IS;
Quicksilver, IA; Quicksilver preferred, 35;
Pacific Mail, 1850; Mariposa, l0l; Maripo-
sa preferred, l0I; Adams Express compa-
nv, l03; Wells & Fargo Express COM
pany, SO; American Express company, 40;
United States Express company. 4S1a;
New York Central. l0915; Erie, IA; Erie
preferred, 81; Harlem. Az; Michigan
Central, 677s; Panama, %; Union Pacific
stock, SO, Lake Shore, IS; Illinois Cen
trail, $50; Cleveland and Pittsburg, 81 Il;
Northwestern, 49s4; Northwestern prefer
red. 7494; Cleveland, Columbus, Cincinnati
and Indianapolis, 80 New Jersey Central,
20; Rock Island, l516; st. Pau, 49Ss;
st. Paul preferred, 1923; Wabash, 1514; Fort
Wayne. 96 Terre Raute, 1O2; Terre
Haute preferred, III; Chicago and Alton,
81; Chicago ard alton preferred, l03;
Ohio and Mississippi, 1885; Delaware, LaCk-
awanna and Western. 5716; Atlantic and Pa
ciic telegraph, 234 Missouri Pacific, 10l =;
Chicago, burlington and Quin'y, lG61$;
Hannibal and st. ice, l114; Central Pacific
bonds, lOs16; Union Pacific bonds, los;
Union Pacific land granite, lU7ll; Union Pa
ci6e sinking funds, I0l4