Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-04-02
FINANCIAL.

Business in bank circles yesterday was
quiet and money though plentiful, was In poor de-
lnand; acceptable borrowers were scarce as ,'hels
teeth" Exchange continues COMING IN slowly put
In sufficient quantities 10 supply the demand. The
demand for : per cent ytInment bongs eontlnued
sfeady The New York hllletis Of March 29th, says;
ia LOu1On money WAS IS4Ct2 per cent, and dis
patches Say that no Trouble IS dppiehended on the
next set ling Gay 4 the stock exchange Monday
nt xt silver was s,eadv at 5OlsG5O4d per ounce.
ms SOLD & 100000 iuors silver Here the bullion
AT BaI per cent" In our local market exchange
quoted: New York, Il discount; ali points IN New
England, Hth grace, 70 discount; New Orleans, "A
discount, and sell on all points at par. None
SOLO per ent, shelby county scrip quoted 90
buying, StISS selling. Last sales we're: Mem
phs gas stock, sig; tennessee, new issue, 4O64l
Mississippi ana Tennessee railway urst-moTtgage
bonds / 1919; sscOn4 mortgage, 80; Memphis gas
bonds 81. ex-coupon; fernando insurance stock.
III; Bluu City Insurance, Il %.
IBT TELEGRAPH.l
PARIS, April 1. Rentes, II4f. 25c.
NEW ORLEANS A. nil L; Sight exchange on
New York at PAR; sterling exchange, bankers bills
1861
LONDON, April Consols-money, 90 3-16
Illinois Central 81; Pennsylvania Central, 55l2
Reading, 1884; Erie 254s preferred, 411s; 6-20s "
1857, lO4lsi lO-4Os, lO44; new %, 1868; 4l2s,
1072s; IS, 10 %.
NEW YORK, April Money active at per
cent. Prime mercantile paper, 5I6 per ceui. ster
ing exchange bankers pills quiet, 1856; sign sx-
firm; coupons 1881, IO6Ss; coupons 1857
1O2I4 coupons isBS, lOz5s; 5s, l049s; new
4l2s, I0434 new T., $685. eX-cuup Jon; lO4Us, regis
tered, lUi$4; lO4Os, coupons lU2i cur
rency It's, l2l8s. State bonds Gull; tennessee Us.
old i6Is; Tennessee is, new, 2Sls; Virginia is, old
%; Virginia rs, new, "a; Missouri 6s. lO4l3
Railroad bonds. were active. The leading feature
was the activity In Ellie Lew cOns0is, which ad-
vanced. under a isk vemand 10 66. The large
buying OF these bonds is based upon the greatly i'm
proved prospec OF the company since its TeoTgan-
cation and the laying VI the thtTd rail stocks Were
irregular. Michigan Central fell off l per cent,
mander OF the list was without any special feature
TRANSACTIONS t42,Oo0 shares. OF which $4,000
were Erie, 1000 Lake Shore, 250O Northwestern
cOmmOn. ] 90 preferred, $4,000 ST. Paul com
mon. 5000 preferred, $4,000 LacEawanna, rs 600
New Jeiseg Central, BOO Michigan Central, 60
Ohi0s and 1900 western UniOn. Quotations:
Western Union Telegraph, 1Ob3s; Qu.eksilyei
MartDOsa, 2; ManpOsa preferred, 2; adams express
IO5I2; Wells EargOS express, 9S12; American
eXpress, -. Uuit5d states express, ~; New York
Central. il4Is; Erie. 35l4; ETie pFe1d, 45S4; bar
lem, ST; Michigan &c tTsii, S5l2; Panama. $50;
Union Pacific stock, 12la, Lake Seore, Ills,
Illinois Central 81; Cleveland aud Pittsburg. 9s
Northwestern, 6Ul4; Northwestern preferred, 1878,
Az NeF Jersey Central 80; Rock Island,
100; st. Paul, ais; st. Paul prefeTre1, 81;
Wabash, 20Isi hOrJ Wayne, 37s; TerTe Haute,
3; Terre Hauts preferred, ,; Chicago and alton,
az; Chicago and Alton preferred, 1OS; Ohio ana
Mississippi, / l3t; Delaware, Lackawanna aud IVES
tern, 1898; Atlantic aud Pacinc telegraph, 35l2;
Chicago. Burlington and Quincs, I4l5; Hannibal anu
44I4; Canad SOuthern q w; central Pacific bonds,
I09lf; Union Pacific bOnQ5. 1OalS; Union Pacific
land grants, 109; Union Pacific sinking funds,
10S34.