Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-03-23
NCIAL.

TIE banks rtported yesterday as being
quiet, with no change whatever In the situation.
character. EysDtuirg there is going on satisfac-
tori y. and resumption Of currency payments Will
banks take New orleans tX"hsngs from their Gus
toners ut the usual rates, making no change from
-rrii = tue principal facOr IN monetary arrange
mgu's Just nov. The money rate has advanced In
exch tnze. The New York E,llletin says on this:
The low reserve o. the banAs aud the near ep-
the rise There Is no need OF alarm, however as the
secretary u the treasury can on any day order the
and transfer 20 the banks the egal-tendeT notes re-
Gently drawn from them into the treasury. with
New York win the prospect OF being higher here
not strange that sterling exchange should j. u
drawers reduced posted rates to 4s7 ard ~gi. a..
business fell 20 fully "a below the new l.ts, q De-
satisfactory that this weakness Of exch wi %. -
vent the export OF gold; and AS the lsu.- Nii.r
weakened Il Is likely 70 be operative du..s ihr ~
mainder OF this month, Il may be assunt-L that sc
safe against gold exports until into Apfil- silver
In LOndOn wBs $3.50 per ounce; here, the bullion
- cents-s2 a5-" The Cincinnati Gazefts says:
The halves, quarters and dimes accumulate here.
coming In from county and city customers and msT
chants can get I'd OF them only at discount Z he
range az present Is from a 20 l2 PER cent and this
change quoted: New York. Il discount; all points
n New England, with grace. Is discount; New
Orleans. Il discount, and sell on all points at par.
Money Sd 10 per aent. Shelby county scrip quoted
SOTS6 buying, ~ selling Last sales were: Mem
new issue, 4OC1 Al Mississippi and Tennessee rail
way nr,t-m mortgage bonds. 10; second mortgage,
insurance stock, M; B.un City Insurance, II so;
Home Insurance, 40.
IBY TELEGRAPH.l
PARIS March 22.-Renles, l I3f. 9212c.
NEW ORLE ANS. March 22.-SIght exchange on
Ne~ fok al PAR; steIling exchange bankers bills
4S6.
LONDON March 22-C onsols-money, eB; IL
unois Central, 80; PENNSYLVANIA Central, 35&4;
Roofing. 1874; Erie. 25s preferred, asa; 5-20s Of
1887, 1904; lO-4Os, 1Ooss; new So, 1885; 4lss,
lu6-s; IS, lois.
NEW YORK, March 22.-Money market active at
5,i . cent, closing az 7 per cent. Prime mer-
csutle paper. 4lsi6 per cent. sterllng exehange-
bankers bills quiet 4Stl2; sigh exchange on New
coupogs 1881, loss. coupons Isfi5 I02is; coupons
istiS. 1925; new 5s. iO3Is; rev 4Is4, il 4; new
T. Vgit lUIO,. registered, lOiL; 1O40s, coupons.
fOlt; currency Is t2lIs State bonds dull; Tennes-
see IS. Old. A3; Tennessee is, new 292s; Virginia
IS, old 30; Virginia IS, new, 30; Missouri 6s, l04.
a. ~ vsrs iigbt Trsn. aTti.ns vera c1mnara-
we're coafi1ed within narrow limits The final deal
ings were extremely dull AID devoid OF animation.
10 OO0 were Efie hi, 900 Lake Shore $500 wabash
1900 Northwestern common, 1900 preferred, 49,
OGG St Paul common, 1900 preferred. 1900 Lack
aw1una, 400 New Jersey Central, $500 Michigan
Central. 1900 Union Pacific, $500 Ohio and Misss-
stpp 300 Western uniOu, 2400 81. Louis, Kansas
Ciy ana Northern, $500 ST. Louis and san Fran
cisco ana 2OOO Kansas Pacific. Closing quotations:
Western Union Telegraph, 103ls; Quicksilver,
1875; Quicksilver preferred 347s: Pacific Mail, l2l4;
IO5la; Wells FaTgos express, 80; American ex
press. 4sl9 United states express; Ala New York
Central. 1875; Erie, 24i4; Erie preferred. ASS: Har
lem. I55: Michigan Cei tral, S3ls; Panama. l25;
Union Pacific stock. G9l2i Lake Shore, 6gss;
Illinois Central S0l2; Cleveland and PittsbuTg. 30;
Northwestern 55; Northwestern preferred, S47s;
Clevels nd, Columbus, Cincinnati am INDIANAPOLIS,
4JI2; NeT Jersey Central. 81; Rock Island, l2Sl2;
St Paul 3Sls St Paul preferred, SlS4; wabash 1875;
FOrt Wayne IO5la. TerTe Haute, 4; Teue Haute
preferred. Is; chicago aud alton. 1S; Chicag and
Alton preferred, I0S; Ohio and Mississippi, lois;
Delaware. Llckawanna and western, a; AtanSIe
and Pacific telegraph, 35i4; Missouri Pacific,
ia. Chicago Burlington ana Quinc5, II; Hannibal
am 5. joe, i43i; Hannibal and ST. Joe preferred,
42lt; Canada southern, 90; central Pacific bonds,
1914; Union Pacific 5Ouds 1874; Union Pscikc
land grants. ll2; Union Pacific sinking funds,
1919