Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-04-15
FINANCIAL.

Business cm0ng the hanks yesterday was
unmarked by any change whatever. Plentiful sup
ply OF money on hind Win moderate demand, aud
ne volume oil exchange not greatly In excess OF
the demand. The New YORK Bitt'ct{a OF Apstl 10th,
says; "Tne money market was somewhat easier to-
day. and the closing quotation for call ioans was
4u5 per cent, and although the bulk OF the bus ness
to-day was at o eant,a iev loans wire e. made at
were lower, where changed, tho four per cents hay
ing clos 'd &C a93sdeHaI IL was not generalIy
ca led IN the first lot Of a1OOOO000 1910 i've per
cents the total OF which outstanding is Sl94 556-
300. This call Is MADE IN anticipation OF the sale
al the four per cent en-dlllar certificates and four
Per cent bends TO Or Hgal, offered hereafter az an
"a; ana here tne bullion value o. the 4I2Igrains
d0.Ir was re1Uced 10 about 81 cents" Exchange
Ia Our marNet quoted New York, Is discount buying,
and selling = pfemsumi al points In New Eng
premium; New orleans y bIylng, and selling at
par. MonOy SdiO per cent Shelby county scrip
quoted s0o. ouying, but verY duli, little or none
SO; tennessee, new issue, a3d35; Mississippi
aud tennessee railway br7t-mOrgage bonds, exc u
p1u, ll26l ~; second moitgage' VI Memph gas
63nts. U.s. fernando insuran;e stock. III; B.ud
City Insurance, az.
IBR TELEGRAPHl
NEW ORLEANS, April IL 49, Sight exchange on
Neg Xo'k, "a premium; sterling exchange, bankers
bills, iS7.
NEW YoRK, April! Mooney easy at tI6 per cent,
clio Ing az per ,ent. Prime mercantile paper. 4l2
1850 per osat. Sterling exchange bankers bills
duli, 4Sdl; sight eKeaange on New York. 1874.
Governments bonds s'eGdI coupons 1881. 100; new
30. luIla; new 4lss, 1886 new q, 1855; 1O-4Os,
Tegilercu, lois; coupons, i0iis; currency 6s,
12lls state buads dul; Tennessee is, old, ~;
Tennessee u.s. new, q; Virginia IS, old. a3;
Virginia as, new, ~; Missouri bs, 10 les.
Railroad bonds active: Kansas AID Texas and Kan
sas Pacific Issue In brisk demand at advancing ag
Stock market active but somewhat irregular
tue upward movement ia Kansas Pacific was Il :
"a ned, and tne stock advanced 4 per cent on the
ruvs transactions; Union Pacific fell OFT per cent,
hut recovered 81 az tie clOse granger shares we've
ieverish, aud sold d08a lfIlS the latter Tor
NOuAWl stem common, but In late dealings stead
Ter feeling Prevailed, and recovery or sal ensu
Coz shares were strong aud advanced asa III, but
subsequently, declined 4 lls, clOs at IA fractional
recovery. The general list WAS quiet o. small tu -
tuatiOns. There were various reports throughout the
day IN regard % q new coal combination, which had
considerable influence shares OF anthracite roads.
% Is generally b-lcva3 that the different Interests
will be harmonic d. as President Dover Is known TO
be ia favor OF the movement 10 bring about higher
prices and has expressed himself 10 the effect that
the present depressed stale OF the trade would soOn
have tendency - create "A combination OF some
kind. Erie earnings increased $4,000 the nTst
week Ia April. Transactions aggregated $4,000
shares, OF which $500 we're Erie. 1000 Lake Shore,
$4,000 Wabash 81 900 Northwestern common.
1900 preferred, 1000 St. Paul common. 5000
preferred, $4,000 Lackawanna, $500 New Jersey