Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-05-29
FINANCIAL.

Neither banker nor customer could tell the
reporter anything new yesterday Business was quiet,
aud Ilsile demand, while money is among the last
things called for plenty as It is The weekly sIate
ment or the New York banks shows reduction OF
about one MALT ia the surplus reserve, which was
caused by The witndrawal Of money from the banks
bonds call of $50 600 600 matured to- day and one
OF the government bond hrms alone received So
100000. AS it is known that all the msney taken
into the treasury IN payment for four per cents Is
paid out again Ia the Iedenipnon OF S6 h % 40
have occurred In the last two weeks cause no uneas
ines. New YORK exchange was quoted IN IN monua!s
selling 5l6. Uuying nominal, 3-l6 CharleSton very
scarce. S-l6dl4 New orleans H al - pre-
Chicago weak, ITO discount buying ana lilo pre-.
MUM selling Boston 20 per tneuS N disc aISco snSt
buying par, and selling " premiums all points
IN New selling ERsHRd ors%n% Ne% orsn
count buying. and selling at par Money, 6US per
cent. Shelby county scrip quoted 30 Duyin ~
sue, 33d35; Mississippi and Tennessee railway
nrst-mortgage bonds. 10: second MORTGAGE, ~;
sale of Bluff CITY stock at IL, already reported,
amounted TO $4,000. County scrip was held higher
BS asked
IBY rELEGRAPH.I
PARIS. May 29.-Rentes. 115f. 7lsc.
NEW ORLEANS, May Is. - Sight exchange on
New York. u Premium sterling exchange, bankers
bills 4SSla.
LONDON, May 2S.-Consols, money, 90 Is 10;
Illinois Central, 49, Pennsylyanla Central, 3sls;
hesdlns 2ols ere 2s 1i PREFERRED eS ne" o.
NEW YORK, Mas 2S.-Moley market active, 4uT
per cent, closing at 4 per cent cent, Prime s,aI
iI5q EXCHANGE 90 5ankSrs bills weak, 4S7; sight
exchange on New York. 4SSIS. Government
bonds weak, coupons Of 1881; lO7; new s.,
J24 state securities quiet; Tennessee 6s, OLD
s51s; Tennsssee g. new 3S Si5EiHa 90 9s I Hq
The stock market was IRREGULAR on the DECREASED
before noon prices adEdOcSQ IA
DIIs per cent. Delaware and Hudson made tho
aid was made on Iron Mountain which broke from
20 to 25!a, With q subsequent recovery 10
market depressed the entire list which fell off IS q
7B per cent In maj dealings there was FRACTIONAL
feli OF from 72I4 to 6Sl4, and recovered to baS4.
Some of The largest operators are absent, and the
market feels the loss of their support Transae-
were Ere, 25,0O0 Lake Shore, 1000 wabash
@SS S2oo LaS 900 New Jersey Cen
fral, $500 Delaware aad Hudson, 1000 Morris and
Union. 5000 Paclfc Mall $500 louisville and Nasn
vtle. 1000 Kansas and Texas. 5000 Kansas ClIy AND
trict telegraph eompan 1900 Cleveland, Columbus,
Cincinnati and Indianapolis. CLOSING quotations;
TssIsrn Union TssSaO 4ls 9qiskSsI E Ii55
express, 1918; Wells q FarEOs ,; express e;
e aa5ssisan 4eGi New York Central. 1874;
5s s Michigan C si tra soIs; Panama 4s uHSh
Pacific stock 7flst; Lake shore, 75I4 onered Till
nOIs Central, 81; cleveland and Pitts6lrg a84;
Cleveland, Columbus, Cincinnati ana lDelaIlt-
polls, 5lit; NeR Jersey Central. 504s; Rock Island
i39; ST. Paul, 8 "a; St. Paul prefd 90IA wabash,
x77s; fort Wayne, no offered; Terre Haute, IL Of
fered TerIe Haute preferred, 20; Chicago ana Alton
B2I5; Chicago ana Alton preferred, IL: OHIO ana
Mississippi, I5Is; Delaware, LackRwahu2 and Nss-
torn, 5Iss; Atlantc and Pacinc telegraph, Bel
Chicago Burlington and Quincy, l1b; Hannibal
ana ST Joe, 2Iis; Hannibal and ST. Joe preferred
421A; Canada southern: bSe2; Louisville and Nash
Villa H1l4. Kansas BuGinC. EanSlS ana 1SNdSb
JlIL; ST. Louis and san Francisco, 10t Ct. louis
ana San francisco preferred, 4 "a St Louis and
San Francisco irsts, preferred 2Sls; 81 Louis Kan
and Northern preferred Ala; Contra! Pacific bonds
yI2l4; Union Pacific bonus liz; Union Pacitc
and grants, I12S4; Union Pacific sinking funds,
4