Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-06-07
FINANCIAL.

Qllet, quieter, yesterday at the banks,
auietest OF the week. Exchange was in only
mIuute supply, with small inquiry Tor 1t.
With plenty OF funds at command, there was
the usual moderation IN applications Tor
money The St. Louis Globe OF Thursday
reports: "a general improvement IN money,
though not striking or particularly marked,
is apparent and Is possibly the more whole
some that It Is not IN aug sense unduiy active
or feverish Inc country business has de-
cidedly improved, and yet Is not such as to
call for great volume Of currency-ltls good
for the season. Eastera exchange was about
at par, with little doing" The Nashville
american of the same date says: The banks
report rather more demand tor loans, though
the demand Is not equal TO the supply. Tx
change on New York IS taken by the banks
at par, and ia sold by them at 81 per thou
sand premium" Toe New York Bulletin, OF
Wednesday, reports: New York exchange
was quoted to-day as follows at the places
named: Savsnnah-sellIng, 5.l6i buying
nominal. Is. understanding do
ing. 3 1901. New Orleans-commercial,
70 premium; bnk i premium. 81;
discount buying and Ito premium
selling. B0ston-9d per 1000 discount.
Exchange was quoted in our market: New
York sight, buYlug par, and selling 4 PEE
MUM; all points a New E0gland, demand
par; sight, Is discount, selling u premium;
New Odeans, i discount buying, and selling
at par. Money Gas per cent. Shelby county
scrip quoted as buying, $3.50 selling. Mem
phs gas stock, 80; tennessee, new issue, 50
ass; Mississippi and Tennessee railway hrst
mortgage bonds, IFS; second mortgage, "a;
Memphis gas bonds, %.
JBY TELEGRAPH
PARIS. June 6.-Rentes, 116i. SOC.
NEW ORLEANS, jane 6.-Sight ex-
change on New York, u premium; sterling
exchange, bankers bills, 1855.
LONDON, June 6.-Consols, tor money,
81 7-l6; account 971s; llllnols Central, $50;
Pennsylvania Central, ssh Reading, ~;
Erie, psi, preferred, 5Z12; new 5s, 1854;
AZ, IOo1z A., los.
NEW YORK. June 6. - Money easy at
305. closing at per cent. Prime mercantile
paper, 4@5. Sterling exchange-bankers'
bills steady At 45712; sight exchange on New
York, 4S9ls. Government bonds firm;
coupons of 1881, 1925; new 5s, 1854;
new as, l063s; new As, 1925; currency o.,
I2I Slate securities quiet: Tennessee 6s, old,
30; Tennessee 6s, new, 3214 Virginia g., old,
81; Virginia 6s, new jj; Missouri 6s, IUf15.
Railroad bonds we're strong. The stock mae
ket was lively aud quiet to-day and generally
firm until near the close, when Delawale anu
Hudson fell of suddenly 81 per cent to
461S, and other coal shares declined % "a
per cent; Pacific Mail was weak and lost
per cent on the day . TRANSACTIONS: Louisville
and Nashville tell off from 571a to 551si
Northwest rose from 6358 20 81, and resctrd
tA 63; st. Paul declined from 5258 to 5l1s;
Hannibal aud st. Joe, limos Central, 81.
L~uls aud Iron Mountain and Kansas City
and Northern were 1s@l per cent. lower;
ths remainder Of the nsL fell oft 1s@15 per
cent, IN sympathy und,r the moderate pres
sure TO sell. TRANSACTIONS aggregated liz =
600 shares Of which ~, 600 were Erle, Is, QUO
Lake Shore, $500 Wabash, 1000 Northwest
common, 5000 st. Paul common, Is 600
Llckawanna, 5000 New Jersey Central, 600
Michigan Central, $3.50 Western Union, %.
600 Pacific Mai, aud 5000 L3usvitle and
Nashville. The closing quotations were:
Western Union Telegraph, 1854; DUCK
silver, 1873; Quicksilver preferred, SOL; Pa
clic Mail, 1874: MaripOsa, offered; MaIlposa
preferred, 8; Adams express, IU6; Wells
& Farso's express, SO; American express,
471I; United States express, 1873; New
YORK Central. 1911; Ere, III; Erie pre-
tsrred, 5l15; Harlem, 10y; Michig@4 Cen
trial, 7716; Puama, 14S; Union Pacific
stock, IS, Like Shore, 1914; illinois Cen
trail, 852i; Cleveland and Plttsourg, S64
Northwestern, 6258 Northwestern preferred,
9436; Cleveland, Columbus, Cincinnati and
indianapolis. 49, New jersey Central
-; Rock Island, 1891 81. Paul 5 3s; 81.
Paul preferred, 903k; Wabash, 3616; Font
Wayne, 100 offered; Terre Haate, II
offered; Terrs Haute preferred, Is; Chicago
aud Alton. S224; Chicago and Alton pr ).
ferred, III; Ono and Mississippi, 155s Dela
ware, Lackawanua and Western, 5658
Atlantic and Pacific telegraph, 80; Chicago
Burlington and Quincy, l515 Hannibal aDo
st. joe 2l2l; HANNIBAL aud s.. Joe pre-
ferred, 4355 Canada Southern, 55l5; Louis
VILE and Nashville, 5556 offered; Kansas Pa
ci6e, $50: Kansas and texas, 141li; ST Louu
and San Francisco, 95s; st. LOUIS aud SaI
Francisco preferred, II Il; St. Louis aud Sar
Francisco hrs.s, preferred, 2212: st. Louis
Kansas City and Northern, l47s; st. Louis
Kansas City and Northern preferred, 4l4
Central Pacific bonds, l2lt; Union Pscln
bonds, 1l2; Uai0u Psclhc lant grants
lib; Union Pacific sinking funds, ll416.