Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-19
EINAN ClAL.

There was the usual absence OF change at the
banks yesterday; exchange ia fair supplynot act
The movement which money Is beginning 10 feel In
some places has not reached here the inquiry tof IL
the money market yesterday wss the failure OF the
New Orleans Southern bank. IL has, OF late, done
Little beside some exchange business, and there VIII,
it Il ssii be very important loss. The bank was
an old one. ana In g-o1 reputation. some Time ago
the city sued 10 for SsB .OOO and gained the suit II
Is said. b. technically; the bankruptcy Is probably
the efec. OF enforcing that award Ihe southern
was corresponding agent iot some o. our Mep
bank had In its hands as checks are out that may u
Planters bank had funds IN lis vaults the amount
OF $1,000 TO $1,000, the German national about
$1,000. the Manhattan also had funds there. In our
local market exchange quoted: New YORK, Il dis
count all points n New England, with grace. Ss
discount: New orleans. u discount and sell on all
points al par. Money ga 10 per cent Shelby county
scrip quoted s0dS6 buying, 80 selling. Last sales
sue, 4OI al; Mississippi and Tennessee railway
nnTst-moTtgage bonds 10; second mIoItgage, g0i
Home Insurance, as.
tBY TELEGRAPHI
PARIS, March 1s.-Rentes, I13f. 32I2c
NEW ORLEANS. NaIch 1S- Sight exchange on
4S6Is.
LONDON, March 49, ConsoIs-money, SIS 1I-16;
Illinois Central. 81; Pennsylvania Central 80;
heading I2S4; Erie. 255s; preferred, 10; 5-20s of
1851, 1884; lO-4Os, lO4; new 5S, lO6@s 4l2s
IO7ls; As, l0lA.
4I7 per cent, closing at per cent. Prime mer-
camille paper, 3ls15 per cent. sterling exchange
bankers bills weak at 1863; sight exchange on New
York, 1894. Government bonds quiet; coupons
1881. 1O6ls; coupons 1857, l02ls; coupons 1868,
lO2zs; new 5s, l044; new 4lss; 10 5; new 4s,
dull; Tennessee 8s old, 81; Tennessee
IS, new, %; Virginia IS, old, 81; Vir
glnia IS, new, 10; Missouri u.s. lO4S4 Granger
shares, coal stocks, ana Chicago and Canada South
ern were nUIiceaby weak. just before the close.
however there was fractional recovery and a
better FEELING. Transactions aggregated 10000
shares, OF which 1900 were Ere, 1000 Lake
Shore, $500 Wabash 22,000 Northwestern conf
mon, 10000 preferred, 5000 st. Paul common,
Jersey Central, 1000 ST. Joseph, 3000 Kansas and
Texas. 1000 Western Union, ana 5000 ST. Louis
and san Francisco Closing quotations as follows:
Western Union Telegraph, lU4ls; Quicksilver, l2l4
Quicksilver preferred, 35; Pacnc Mall 1874; Mari
posa. 3; Mariposa preferred 4l2 Adams express,
S05s4; Wells & Fargos express, 100; American ex
press, 4Slsi United States express, 41l2;
New York Central. ia; ex dividend;
Erie 24E; Erie preferred. 44I2; Har-
lem $50: Michigan Central, S7Ss; Panama 1870;
Union Pacific stock: 73l Lake Shore, II Is; Illinois
Central, 81; Cleveland and Plttsburg, 9l North
western, sos Northwestern preferred, S6ls;
Cleveland, Columbus, Cincinnati and Indianapolis,
Ads; New Jersey Central, 375s; Rock Island, l3l
st Paul 1855 st. Paul preferred, SIl4i wabash, 1918;
Fort Wayne. I05l2; TerTe Haute, 234; Terre Haute
Alton preferred, lOS; Ohio and Mississippi. 1OSs;
Delaware, Lackawanna and Western, As; Atlantic
and Pacific telegraph, 81; Missouri Pacific, ] Il;
Chicago. Burlington and Qulnc7, / 1919; Hannibal
and 81 Joe, I5I4; Hannibal and St. Joe preferred,
44I2; Canada southern. 81; Central Pacific bonds,
iOSls; Union Pacific bonds 10Ss4; Union Pacific
land grants, liz; Union Pacific sinking funds,
IOS