Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-26

A quiet day was reported at the banks
esterday but with a satisfactory counter business
lolng. The local msrket had nothing TO report
lme Memphis gas company's bonds We're Offering
N-Apul COUPONS, az 80 Nefy general altenuon i
urned 70 the opening OF next week, when the foul
Ier cent settlements have 10 be made 30 lar the
uTface Of things shows quetude; great confidence
4 IS ih5t tae secretary or me us'sstl, NH ~
sual SKI viii prevent aIy Obstruction 70 the even
IA low OF nntnci4l affairs and the quiet communication
u the resump ion policy. There Is naturally liue
ess ease IA the money market, and money In the
asst bring better Interest The 81. Louis heptOh-
az says: The call loans made TO carry the very
arse speculative ventures made curing me t"o
# months and a-half OF 'bulP movement, which has
u5t halted. were called very extensively last week,
i.tua payments being required 10 very large eN-
eut 50 that there has been great deal OF lively
unniug around 10 Teartrgs loans, ana OF neces-
Il we're forc-d In mt,uy Instances. This brought
lctlOn Ia prices during the week and II Is so plain
bat general move downward would start panic
n the market II Is only natural that the daily pro
sre.s Of events should be watched with some llttle
a suspense" TIE New Orleans failures exercise no
i offence on the markets, they we're mere local
Il catastrophe The New York Posi- says: rms Crisis
II originated In smaller causes than Is common, dit
not involve the usual great expansion Of bank cred
i nd focal some OF ACTIVITY In our local mar
Iet exchange quoted New York, u discount; all
points New England, with grace. Ss discount; New
lreans 4 discount ana seil On az points at nnl RaL
4 80 buying. S6dSS selling. Last sales were: Mem
ohis gas stock, SZls; Tennessee new Issue. 400
bonds, 1858; second mortgage, 80; Memphis gas
iIlT; Bun City Insurance. IL 30.
lBY TELEGRAPH.l
NEW ORLEANS. March 25.- Sight exchange on
New Yoik at PAR; steIlirg exchange, bankers bills
4S5Is
/ LONDON, March 5.-COnsols-money. 1854; HT-
nois Central 81; Pennsylvania Central, 35l4; Read
ing 12l2 Erie 234si preIerTed,4 6-2OS VI SOL
As, lois.
NEW YORK, March 25.-Money active. 5d per
cent, clOsng.at per cent. Prime mercantile paper
'4lAId per cent -teTdng exchange bankers bills
weak 4S5; sgnt exchange or New York. 4S7 Govern
ment bonds weak and lower; coupons 1881, 1O5S4;
boss; 4lgs, l03i new s9als; 104Os register
led, lUlI4; 10l0s coupons 1Cll4 currency 6s, 12l
State bonds DULL Tennessee IS, old. ga; Tennessee
Us, new, -; virginia Us, old. jos virginia 0s
new, 35Ia; Missouri rs. 103I3 Railroad bonds were
Irregular. stocks were strong and higher In the
general list Western Union and investment shares
Transactions aggregated l22,0OO shares. OF which
1000 we're Erie, 5000 Lake Shore, 5000 North
$4,000 I.ackawanna, 5000 New Jersey Central,
and o 600 Western Union. Closing quotations.
Western Union Telegraph, l04ls; QUICKSILVER
1919; Quicksilver preferred. 81; Pacific Mall, l234
MaHpOsa, Offer'd at 81 Manposa pref'd 2; Adams ex-
press, 5li Wells& FargOs express, 9Sls; American
express,41l2 United states express 46l2; New York
lem, I49; Michigan - traI, S27s; Panama, 1926
Onion Pacific stock. 1O3i; Lake Store, II;
Illinois Central, 1919; Cleveland and Plttsburg, 90
Northwestern, O55s; Northwestern preferred, 50;
Cleveland, Columbus, Cincinnati and Indianapolis,
40; NeW Jersey Central. 81; Rock Island, 12q3+; ST.
Paul. 3o34; St Paul preferred S2I4; wabash, 2O14;
preferred, Z; chicago and alton, 1854; chicago ana
Alton prefer ed, 1915 Ohio and Mississippi, 9S4;
Delaware. Lackawanna add Western 45as Atlantic
and Pacific telegraph, 344; Missouri Pacific;
-; Chicago, BurliDStOn ana Qulncz, 1874 Hannibal
and s.. Joe, 10; Hannibal and st. Joe preferred.
1915: Union Pacific bOn0s, 1015s; Union Psci6c
land grants. Il2; Union Pacific sinking funds,
IOSls.