Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-06-01
FINANCIAL.

Heavy rain and holidays Ia other markets
made business very dull again al the DAnkS yesteI-
day Exchange Is decreasing IN Inc amount OF oii s
ings but as the demand tOrit Is small teeie Is SUM
cient for current wants. Money In abundance win
only trivial call FOR Il. The New totk b.et.l., VI
Thursday, reports: New York exchange was quoseu
to-day as follows at the places named; savannah
selling 81 q; buying nominal, 3-lb. CnaIlestOii[,
nothing doing 300 T. asw Osats f0nSIi
discount Chicago weak; 1-lO discount Duylng anu
1-IO premium selling. Boston-2oc discount
10y TELEGRAPHl
NEW ORLEANS, May 81. - sight e1change on
New Yoik, u premiums sIeIiing exchange bankers
bills, 4S8.
PARIS. May sI.-Rentes. Il5f. 7Tlsc.
LONDON, May 3i.-COnsols, money, 90 ] o 10;
Illinois Central 80; Pennsylvania central, $685.
heading, 2Oi4; Erie, 2Sas; preferred, 53; new 6s,
1O5S4 Alas. IOe4s; Is lOol2
NKw YORK, May 81. = Money market 3d5
Ing eIshanesS bankers bins strong, 4s7a4; SIGHT
bonds strong; coupons OF 1881, 1O74s; new 5s,
IO3ss new ANS, lOllai new q, lOSlsi currency 6s
af,tses tennessee IS, new 30; Virginia IS. old,
82l2; Virginia bs. new. 5oi MISSOURI os; iOI.
Tns stock market was fairly sctive to-day Az the
opening prices declined ls0A Der cent, but s1Dses
quentJ nrmer feeling prevailed and an ADVANCE OF
l les per cen. vas 1cbs Csntrai s sI
ceptionally heavy and declined 20 los, the lowest
point OF we week, -ss "s in nTcs facS
ing bBl2 but subsequently, recovering 10 04A ano
Closing at 5bffbB. This break was caused ~ tho
action OF tho Louisville common council In ordering
the sale OF the company's stock owned By the city
without limit 10 the price 10 be taken. Trans
aetionT ag9rtgated 49,, 900 shares OF which 1000
we're Erie I 900 Lake Shore, 1000 wabash, $500
Northwestern, ID, 600 st. Pauls, $4,000 Laekawan-
ma 10000 New Jersey Central, 1OUO Delaware
and Hudsun, $500 Morris and Essex, 10000 Mich.
igan Central, 1000 Hannibal and st. Joe, 20 UOO
OHIO ana Mississippi 1000 Western Union, 42OQ
Pacific all 1000 Louisville and Nashville, 5000
Nashville. Chattanooga ana ST Louis
western Union Telegraph, ll4Is; QUICKSILVER, l4Is;
Quicksilver pTeferfed, Bbi facihc Mail, lob;
Iar posa, 6l offered; MaFiposa preferred, "; Adj
ANS express, 1919; Wells 4 Eargo's express, sIl2;
e G1,Tei 49,; Kew York Central. 1884;
EfIe, 274; Erie preferred. 81; harlem,
1863; Michigan Ger trail, 1873; Panama. l4S; Union
Pacific stock, 53%t; Lake SEore, I54; III -
nOis Central, S67s; Cleveland and Fittsburg a6fs;
Northwestern 625s; Northwestern preferred, GAS;
Cleveland, Columbus, Cincinnati ana tnolaha-
polls 81; New Jersey Central. 5l58; Rock Island,
1879; 81 Paul, 5I9s; 81. Paul prefd, 8Of9; wabash,
373f offered; Fort wayne. III; 1eTFe haute, q Of
Tered Terre HGute preferred 9la; Chicago and Alton
S;lla; Chicago and Alton preferred, III; Ohio and
Mississippi, I52s; Delaware, Laokawanna and YES
tern, 80; Atlantic and Pacific telegraph, 40fs;
Chicago, Burlington and QuincJ, 10; Hannibal
and 81. Joe, u; Hannibal and St Joe preferred,
42Is; Canada Southern, 6Sla; Louisville and Nash
Vile, So; Kansas Paclhc 81; kansas and Texas,
10; ST. Louis and san Francisco, los st. Louis
and san Francisco preferred, "; st. Louis and
San Francisco hrats, preferred, %; St Louis, Kan
sas City and Northern, 1424 St. Louis Kansas City
and Northern preferred, Al; Central Pacific bonds,
Il22s; Union Pacific bonds, 112lbi Union Pacinc
land grants, 113i Union Pacific sinking funds,