Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-06-05
FINANCIAL.

usiness at the banks very quiet Exchange
cor supply, but with an almost equally
gre demand. Money IN little demand,
with a stronger feeling among lenders,
} rarely take paper over sixty days at less
n eight per cent. The Louisville Courier
.rHGl reports money comfortably active,
the st. Louis Republican mentions an
reased demand there Tor bank accommo-
ions. Speaking of four per cents, the
~ York Chronicle observes: 1T is re-
rkaDle circumstance of this very remark
e negotiation, that the four per cents as
ned nave gone directly into The hands OF
estors; aud in all the discussions with re-
ri to the future standing of these securl-
5, that, at least, will have to be admitted.
change was quoted In our market: New
Tx sight, buying par, and selling Il PEE
nm; all points IN New England, demand
X; sight, Is discount, selling Il premium;
Bw Orleans, Il discount buying, and selling
par Money Gas per cent. Shelby county
Zip quoted S5 buying. Memphis gas stock,
Tennessee, new issue, 33@35; Mississippi
ID Tennessee railway first mortgage bonds,
5; second mortgage, 81; Memphis gas
buds, 50.
LBY TELEGRAPH.I
PARIS, June 4.-Rsntes, Il6l. 4716c,
NEW ORLEANS, June 4.-S'ght ex-
lange on New York, Il premium; sterling
EchanRe, bankers bills, 48S1S.
il LONDON, June 4-Consols, for money,
u 5-l6; account, 97}5; Illinois Central, SO;
ennsylvania Central, 3814; Reading, 20;
Erie, 275s, preferred, 81; new 5s, 1854
|1Es, 1095s; A, 1865.
NEW YORK, June 4--Money active at
|@7, closing easy at 215@315 per cent.
Prime mercantile paper, 465. Sterling ex-
bills, 1874 sight exchange
In New York, 4S91f. Government bonds
4 uiet; coupons Of 1881, 1925; new 5s, 1889 1;
lew AIS, 1866; new Is, 1925; currency Is,
.22. State securities dull and weak for
louisiana consols, which declined IL per
;ent.; South Caroline coasols and South Caro-
mas, old, are bid 10@lI per cent. higher
6s, old, $50; Tennessee g., new,
81; Virginia 6s, old, 81; Virginia
js, new, IS; Missouri O.. 10714
stock speculation was unusually quiet, and
The fluctuations were confined within vei y
narrow limits. Ia the early dealings firm
.one prevailed, Rld the active shares recorded
"A advance, but during the AFTERNOON re-
lcticn took place, which WAS, however, sue
,eeded by strong market, and the final
were at an improvement OF q q
IL, the latter Erie preferred. Kansas Pacific
was an exception, and shovel a decline of
per cent Transactions aggregated Isl, O0C
shares. Of which 1000 were Erie, 1000
Lake Shore, 5000 Northwestern, IA COO ST.
Paul common. 1000 preferred, ii, 900 Lacka-
wanna, 1900 New Jersey Central, 5000
Delaware and Hudson, 1000 Michigan Cen
Iral, 5000 Wabash, 5000 Western Union.
l4,00O Pacific Mail, 5000 St. Joseph, 340C
Louisville and Nashville. Closing quotations;
Western Union telegraph, 1874; Quick
silver, 1913; Quicksilver preferred, so; Pa
cifc Mail, 1873 Mariposa, 81 Mariposa
preferred, z; Adams express, 1866 Wells
& Fareo's express, 8o1S; American express,
York Central, 1872; Erie, 271S; Erie pre-
ferred. 81; Harlem, 1853; Michigan Cen
trial, n; Panama, l4S; Union Pacific
stock. 74l4; Lake Shore, Us Illinois Cen
trail, S.; Cleveland and Pittsburg, 9619
629l. Northwestern preferred
9494; Cleveland, Columbus, Cincinnati ano
40; New Jersey Central
50; Rock Island, l3815; st. Paul, 50; st
Paul preferred, 902i; Wabash, 363s; For
Wayne, I081S offered; Terre Haute, II
Terre Haute preferred, 10; Chicago
and Alton, SPY; Chicago and Alton pre-
ferred, Ill; ONO and Mississippi. Is; Della
ware; Lackn wanna and Western, $685.
Atlantic and Pacific telegraph, 40; Chicago
Burlington and Quincy, l5lf; Hannibal ano
St. Joe, 22l4; Hannibal and st. Joe pre-
ferred, 43A; Canada Southern, Sc; Louis
VILE and Nashville, 5S15; Kansas Pacific
55: Kansas and Texas, X; st. Louis anC
San Francisco, 97s; st. Louis and Sar
Francisco preferred, IL; st. Louis and Sci
Francisco frsts, preferred, %; ST. Louis
Kansas City aud Northern, 1458; st. Louis
Kansas City and Northern preferred, 404
Central Pacific bonds, 1871; Union Pacia
bonds, 10; Union Pacific land grants
1873; Union Pacific sinking funds, l41S.