Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-06
FiN. NOIAL.

Outside OF the rolt-r there was nothing to
be gathered from tn D. * yesterday; and the
and no events The NOT given by the United
States treasury that the O. a approaching when
inoHiSy what In the dssTtl o.. Re means OF invest
ment would nave ben done % capital had there
been no four per cents? And rs inay also ask what
will be done with It when lhey are no longer
Offered? II the change VIII induce investments is5,
local market exchange quoted: New York, Il dis
count; all points New England, with grace. IS
discount New Orleans, u discount, and sell on All
points al par Money Sd 10 per ent; shelby county
were: Memphis gas stoek, 40; tennessee, new Is
Sue, 4Ou u; Mississippi and Tennessee railway
Memphis gfs bonds. 80; fernando insurance stock,
III; Bluff City Insurance. al 80.
rBY TELEGRAPHl
PARIS, March 5.-Rentes, ] l3f. I2Isc.
LONDON, March 5.-Consols-money. q8 7-l6;
Illinois Central, S3ls; Pennsylvania Central. 3d.
1867, iO34si IO-4Os, iO4l4; new IS, lO6ssi 4lss,
l07si.
NEW ORLEANS March o. Sight exchange on
New Yolk at par; sterling exchange, bankers bills
NEW YORK. March 5.-Money market active,
2Isd5 per cest., closing at per cent. Prime
mercantile paper 3l235 per cent. Sterllng ex-
sight, 4S9li. government bonds steady
coupons 1881, lObl2; coupons 1857, lO2l 49,
IG5is; new Is 100; iO-4Os, registered. l02; 10
40s coupons lO2A; currency 6s l2l34 State
nessee is, new, "a; Virginia 6s, old, ri;
Virginia 6s, new, 2bi missouri 6s, lO3as
Railroad bonds were quiet The stock market was
generally strong to-day with an advance in prices OF
14d234 per cent Western Union, however, was
marked exception, declining 3ls-to lO4l4-under
heavg pressure 10 sell, based rumoT that the
ecutive committee OF the company bad held meet
ing and recommended the declaration OF dividend
Of I1s per cent In the general list the strongest
stocks were Northwestern common and Louisville
ana Nashville, each OF which advanced 2& per cent
on the days transactions. The advance ~ North
western common was occasioned by the tact that
the members or the committee who sold the stock
Yesterday had to buy II back and transfer II into
1000 share certificates, as 1t appears the shares are
tied up by the late agreement. The bears In
stocks were, consequently, sharply twisted; IL seems
up Oy contract until May ist The report recently
put aOat to the effect that Vanderbilt was about TO
build branch road 20 Saratoga In opposition 10 the
Renstellear and Saratoga road Is semofheially de-
MED Transactions aggregate $1,000 shares. OF
which 5000 were Erie, $4,000 Lake Shore, $500
wabash, $4,000 Northwestern common, 12,00O
preferred, $4,000 st. Paul common, 1900 preferred,
1000 Lackawanna, 1900 New Jersey Z ntral,
Louisville and Nashville, 1000 st. Louis, Kansas
City ana Northern preferred, and 1000 Kansas Pa
cihc- The closing quotations were as follows:
Western Union Telegraph, l04lI; Quicksilver, rs;
Quicksilver preferred 33l2; Pacific Mail l3ls; MARI
pOsa, 3; MaTlposa preferred, D; Adams express,
press, 1894; United States express, 4S; New York
Central, l6is Erie. 29l2; Erie preferred 44l2 har-
Union Pacific stock. 1895; Lake Shore, 1l5s Illinois
Central 81 IS; Cleveland and PtsbuIg. 9lls; North
Cleveland. Columbus, Cincinnati a6d indianapolis,
4Bt5; New Jersey Central, 37l2; Rock Island, 100;
Fort Wayne 1855; Terre Haute, 3; TerTe Haute
preferred, q; Chicago and Alton, as; Chicago ana
Alton preferred. 100: Ohio and Mississippi, 1O4s;
Delaware, Lackawanna and Western, 46&4 atlantic
and Pacific telegraph, 3l34i missouri Pacific, ia;
Chicago Burlington snd Qulncy, II 54i Hannl6al
425s; Canada Southern, 65ls Central Pacinc bonds,
109; Union Pacific bonds lO9ls; Union Paclhc
land grants, ll2' Union Pacific sinking funds'