Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-05
I'M sCIAL.

As It was the & IN dav Of the month
If here some activit, the banks ia checkiDg
md depOsiting. but out. b. me routine nothing was
81 TIN abundant with III Tor It. The New
Fork Pubic REPORTS: "Tg, neg market continues
|asy. with no change IN o. .''s Of discount The
accumulation Of loanable lmOT z bankers and
capitalists Is largely Ia exc 90 previous peri0d
nd as the only demand at pr i to meet the re-
uiremen,s OF legitimate trad business Is neces-
aTIly light with no immediate respect OF greater
cfivlty." 50 abundant indeed Is money that some
Few YORK nrms are furnishing loan OF three mill
on dollars 10 one OF the tuadlan provinces. very
nited states treasury on the first Of April which
pay cause some tlghtness az that time; In our
.ount, ali points IA New England, with grace. Is
iscount: New Orleans, = discount, and sell on 'lI
points al par. MONEY 81 10 per cent. Shelby county
.crip quoted S2IS3 buying, - selling. Last sales
Fere: Memphis gas stock, 20; Tennessee, new is
Ge, 40d4i; Mississippi and Tennessee railway
rstmOrtgage bonds. iI5; second mortgage, 80;
iemphis gas bonds, 90; fernando insurance stock,
Il; Bluff City insurance, II 80.
[BY TELEGRAPHl
PARIS. March 4.-Rentes, I2f. 92lsc.
LONDON. March -COnsols-money, 96l2;
ccount SO Gle; Illinois Central. S12: Pennsylvania
central; 30; Reading, l3; Erie 20; preferred,
06l2; 4lSs, 1874; Is, 1929.
/ NEW YORK, March 4-Money market active, 3I
eT Gus bs Weak 4s6 s New New
FORK sight. 4SqlI. Government bonds act
coupons 1855, i65as; new IS, iO4ss; new 4Iss.
| pblk; new Is lOOlr; lO-4Os, registered. lO2; 10
0od dR r 96 % 81 6a 5 TeS
lessee IS, new, -; Virginia IS, old, -;
Virginia Bs, new. %: Missouri IS, l04S4.
Railroad bones we're strong ana higher The stock
market opened hrm, but soon became weak ana
sieclinsd 4u per cent subsequently there was an
advance OF Iad6ll4 ter cent, latter western Union,
which sold up TO los tire highest price yet reached.
DuriEg the afternoon there was peeline OF 1sL625
Der cent. lattsr Northwestern common. In final
NleaIIngs there was recovery of i4dI per cent,
Northwestern and Western Union leading the i'm
|DrOvemeut The weakness in Granger shares was
attributed TO q decrease IN the earrings for the
month OF February. Transactions aggregated 2OD,-
boo shares ,Or which l3OOOiWere Erie, % 600 Lake
.Shore, 26O0 Wabash, 81 900 Northeastern COM
mon $4,000 Northwestern pIefened, l4,O0O St.
Paul common, 5000 81 Paul preferred. 10000
.ackawanna. 10000 New Jersey ntral $500
Morris ard Essex, 1000 Union Pac hc, 10000
western Union, 2O0O st; Louis, Kansas City ana
|NOrthern, 2OCO Missouri, Kansas and Texas.
IThe closing quotations were as follows:
Western Union Telegraph, 107l4; Quicksilver. II;
Quicksilver preferred, 81; Paclnc Mail, ID; Mari
6osa, 2; MaripOsa preferred, D; Adams express,
%; Wells Il FargO's express, %; American eI
brsss 4qIa Unied States express, As; New YeTk
EentlRl dl2; Erie. 25Is Erie preferred, 44ls; HaT
lem l,53; Michigan Ce trail, S7ll; Panama. l33;
Union Pacific stock. 1884; Lake Store, 115si Illinois
central, SIG: Cleveland and Pittsburg, 80; North
western b2ls; Northwestern preferred, S6l2;
cleveland. Columbus, Cincinnati and indianapolis,
4lIs; New Jersey Central. 31l4i Rock Island, 2gl2;
81 Paul. 37ts St Paul preferred 81; wabash, pos;
|FOrt Wayne l055s; Terre Hautei pa; Terre HAute
preferred chicago and Alton. 1884, Chicago ana
ALTON preferred, 100; Ohio ana Mississippi, 1913;
'Delaware LackaWanna and Western, 1873: Atlantic
|and Pacific telegraph, 3Sls; Missouri Pacific, IL;
Chicago. Burlington and Quinc-, ll5; Hannibal
land s.. Joe, 14Sl Hannibai and St joe preferred,
|422s; Canada southern, g; Central Pacific bonds,
land grants, ll2l2; Union Pacific sinking funds,
|IOn