Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-06-20
FINANCIAL.

The charms of solitude can be realized just
now outside the cages Of the banks good
portion of each day, and yesterday among
others. Financial matters went ON quietly
Exchange in light Offering and demand: APP
plications for money from borrowers hight,
but only first. class paper accepted, with
money abundant. There is inquiry tor per
cents, which sell at l034 and 1855, accord
ing TO the size of the amounts invested. The
New York Bulletin, of Tuesday, rep Orted ::
New York exchange was quoted to-day
as follows at the points named: Savannah
selling, SIG; buying; nominal, 10.
Charleston-easy, 3 1904. New Orleans
commercial, a premium; bank Il premium.
st. Louis-par. Chicago-hrmer, Ito dis
count, buying, and lilo premium selling.
Boston-9 pence discount. Exchange was
quoted in our market: New York sight,
buying par. and selling Il premium; all
points in New England, demand par; sight,
IA discount, selling u premium; New Or
leans, d discount buying, and selling at par.
Money 668 per cent. Shelby county scrip
quoted 90 buying. 90 selling. Memphis gas
stock, nominally 80; Tennessee, new lssue, 80
635; Mississippi and Tennessee railway hrst
mortgage bonds rs: second mortgage, "a;
Memphis gas bonds. 50.
IBY TELEGRAPHJ
PARIS, June 19.-Rentes, 117f. 10c.
NEW ORLEANS, June 19.-Sight ex-
change on Now York, u premium; sterling
exchange, baukers' bills, 4S81E.
LONDON, June I9.-Cousols for money,
81 3-l6; on account, 97l4; Illinois Central,
SO; Pennsylvania Central, 3916; Erie, 27A
preferred .5215; Reading, 20S4 new 5s, 1855 ;
AS, 1855 A., 1888
NEW YORK, June 19.-Money market
3@4 per cent. closing at y per cent
Prime mercantile paper, 319 @419 per cent.
Sterling exchange - bankers bills weak,
4871f; sight exchange on New York, 1922.
devsrnment bonds weak; coupons OF 1881
I07ss; new 81, 1855; new 415s, 1888
new A., 1925 currency IS, I2l1<.. state
bonds are dul; Tennessee 6s, old, $50 (;
Tennessee g., new, 302Ii Virginia 6s; old, ~;
Virginia o., new, 81; Missouri 6s, los.
Railroad bonds strong; no sales OF Colum-
bue, Chicago and Indiana Central issues.
Stock market irregular and In the main
weak for coal stock, which declined 4@l4
per cent, closing at the lowest figures, except
New Jersey Central, which recovered from
SIS TO 521S. The weakness In these shares
was no douDt due to the announcement that
the ID laware, Lackavanna and Western rail-
roAd company would sell IS 0CO tons OF coa
on Wednesday next. The granger and trunk'
line shareF. after fractional decline at the
onening, became strong and advanced 15@
per cent the upward movement being LED
by Lake Shore and Northwestern common
Among the south and western shares, st
Louis, Kansas City and Northern was the
most active, and advanced l per cent. or
both common and preferred; Louisville anC
Nashville advanced from 90 to 56, but re-
acted to IS. Transactions aggregated 49,
600 shares Of which Is 900 were Erie, u ,OOt
Lake Shore, 10 600 Northwestern common,
1900 pref rred, 10 900 st. Paul common. 3C0t
preferred. $4,000 Lackawanns, $1,000 NeE
Jersey Central, 1900 Michigan Central
$500 Ono aud Mississippi, $500 Western
Union, $500 ? ,cIdo Mail, 5000 Kansas anc
Texas. 1000 St. Louis, Kansas City anC
Northern, 1000 louisville and Nashville ant
and 1900 Iron Mountain. Closing quotations
Western Onion telegraph, ll23s; Quicksilver
Is offered; Quicksilver preferred, ~; PacIh'
Mail, 1875: MaripOsa, D offered; Marlposi
preferred, 8; Adams express, lO6; Well
& Fareo's express, SO; American express
46A; United States express. 471s; New
York Central. 17Ts; Ere, 1873; Erie pre-
preferred, 81 Il; Harlem, 1866 Michigan Cen
trail ISL offered; Panama, l49; Union IA
cifc stock, 771S; Lake Shore, 754; It'll
nois Central, S6T; Cleveland and PIttsburg
90; Northwestern, 657s; Northwestern pre-
ferred 959{; Cleveland. Columbus, Ciucin
natl and Indianapolis, 49l4; New Jersey Cen
trail So; Rock Island, 1855; 81. Paul, 551s
81. Paul preferred, 92; Wabash, 351S Ct
fered; Fort Wayne, Ill offered; Terre Haute
IO16 offered; Terre Haute preferred, 1919 Chi
cayo and Alton, 1924 Chicago and Alton pre-
ferred, Ill; Ono ana Mississippi, l41s Dele
ware, Lackawanna and Western, 56S4
Atlantis and Pacific telegraph, 3616; chi
cago, Burlington AND Quincy, 1l5A; Harm
bal and ST. Joe, $685. Hannibal and 81. 10
preferred, 42S6 Canada Southern, 5615; Lou
ssulle and Nashville, IS; Kansas Pacific
So; Kansas and Texas, lS16; st: Louis an
San Francisco, 8; st. Louis and San FraI
CISCO preferred, 94; St. LOUIS and San Fran
DISCO hrsts, preferred, 20l4; st. Louis, kansI
City and Northern, l41s; st. Louis, kansi
CITY and Northern preferred, 4041; Centr
Pacific bonds, l21S; Union PACING bond
Il216; Union Pacific land grants, 1l31,
Union Pacific sinking funds, llS15.