Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-12

Ire banks Fa-tarl 1rted no charge IN
nnluclil matters, EXCEPT the amount Of ex-
change coming 10 g. no; as 70 was, cOnse-
queuce Of the reduced busit, uJtrg by the BUYERS
OF elton fe-eEpoTt. II is sIat NJ 10 notice that
o. many cities the demand lol money Is increasinz
the ST. LOUIS Atplbl'o-H says. here was Oett
dem ,ua Iof money at several OF the larger banks,
ami some heavy advances were ndds' The Louis
Nls JouraIi reports: money has been more active
ami HJmlr-and first ca.s commercial paper has
been ready 81 sale The attention Of hnancialis.s
Is aroused Oy the announced inieution that certain
members OF congress intend 10 refer 10 The Unl.ed
states supreme court the question whether green
backs can be legally ressCed ia time OF peace la our
local market exchange quoted: New York, "a dis
count; all points q New England, with grace, Is
discount Eew orleans, . discount, and sell on all
points at par Money stt Oper cent. shelby county
scrip quoted SZIS3 buying, SIS selling Last sales
were Memphis gas stock, 20; tennessee, new Is
sue, 40T4I: Mississippi ana Tennessee railway
nrst-mOrgtEe bonds. =; second mortgage, so
Memphis gas bonds, 90; fernando Insurance stock,
III; Blum city insurance, n 80.
LET TELEGRAPH.l
PARIS, March l. Rentes, i3f. 22I2c.
NEW ORLEANS. March IL Sight exchange on
New 70 at Iar' steIlh exchange, bankera bills
4S6ls
LONDON. NHr-h / l. Consols-mOney, q8 9-16;
Illinois central, 80; PENNSYLVANIA Central SO;
Reading, 3; Erie, 25ts; preferred, 10: o-2Os vi
1861, lOl; lO-4Os, lO4' new o. IOo12; 4l2s'
1875; Is, l0zSs-
NEW YORK. March lI.-Noney market active at
3lsI5 per cent, closing at per ceGt. Prime mer
camille paper, 3l4G5 per cent. sterling ex
cha1gs bankers BILLS active and firm at 4S6l3;
New York sighi, 1922 government bonds ;O were
coupons 1858, 1925; new IS, 1O44s; new 4lsS.
It5: new - 100; l0-4Os, registered. lOlS4; 10
4Os coupons, lU2, currency Us, l2lSi State
securities were Uuli; Tennessee Bs, o!d
-; Tennessee is, new, "a; Virginia Us, old,
M. virginia 6s, new. 30; Missouri is, lO4ls.
R4lroad bonds active. Speculation on the stock
exchange was comparatively quiet, and the 1uctua-
lions were confined within narrow limits. The
naTntt opened Irf guar. and prices soon DEC iueu
La bus during the afternoon decidedly better
from % Il, from the lowest point. NORTHWESTERN
lsadi.g tie - yard movement Prices CONTINUED
0rTu 10 the c o e. and the final dealings were at or
.y,fhtn "a fraction OF the chest point Of the day.
'rrsT.sactiCns agEregdu-t 10000 shares. OF which
a. 900 were Efies, 10000 Lake Shore, 1000
preferred, 1900 Ldckawanna $500 New jersey
Central, 1000 M.shisl Central $500 Kansas ana
Texas los 90 -. Louis and san francisco, TO-
900 western CH.D-. The cCslug quotations were:
Western Union Telegraph. lO49s; QuckslIyer. /,
QuicEsiyeT Preferred 3iis, fdeuc NAL, II q; Mari
DOSE 4: MarpO-a preferred, 4l2; Adams express,
lO6: Wells & FdrgOs express, S8i american *
press. 5S3i ELIted states ext ress, 49, ssoW 4OIk
De lrii ll5rt Erie, %; Efie preferred, ~; hdr-
lem, 1915: Michigan Ce trail, SSl4; Panama, 1913;
Central 81; Cleveland and P1t;sburg; 9ll2; North
western 54Ii; Northwestern preferred, SOS;
Cl-vel ma, Columbus. Cincinnati ans IndidnapOIa
-: NeF Jersey utrai. 3Sl4; Rock Island, l2H;
= Paul. 3S; ST. Paul pTeierrel Sllsi wabash. 2O@4;
lfort Wayne lO5l2. Ieue Htuie, 2t5; Ieff- Haue
3D. Di.; D ca-O and alton, 1Sii; Chlcag ana
aiton prl 'er a., lGBl2; ohio ana mississippi,
1sIlyg-ifa L. rSHwtnua ana We term ISIS; Atlantic
md Paelng ten graph, ScSt; MI SOull fdeDc, ia;
C6I.ig1 BlliiHlspu ana Quincy. 1872; HannlGdi
ami s. Joe. 1873; HSnnlp ana 81. JSe bie ii
4lcs; Cauadf south fG, Hii central racine ponds
iOI; Union Pacific b01dS, {Ds@si Union racine
land giants, li234: Union tasiGc sinking funds,
1Ogl2