Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-04-11
FINANCIAL.


Undesirable wss the cha &c. If any. in
the situation ia bank circles yesterday Money con
tInusd Plentiful with little demand. aud the supply
fair demand The four per cent government bonds
appear 10 "gO OF rapidly AID unlike "haplaeks
do not require any sugarlng Golleeu9ns e9he'nueu
ket cotton bills are hardly sought for The New
York B,ilE tin Of last Tuesd y, says: Government
honds we're lower, because doubts have been raised
whether the secretTy Will not after all accept bids
tor four p cents beyound the amount necessary 70
redeem an the outstanding 20 six per cents. His
Circular or March 4th distinctly said that ne would
not sell four per cents beyond THIS amount ~ lhe
price AT which the four per cents have been selling
and Il Is known that the large subscriptions OF FIJI
day last were made on the sepposition mat
The secretary VIII be In the city tomorrow
and Il Is supposed thht Ins matter VIII o-1 tneR
rs. the hghes pTics since 1888. United sta es
bonds were strong for all Issues. except lO40s'
syhch fell "a. silver in London advanced TO 4stA4,
and here the bullion ware of the 4l21A grains
dollar advanced to STA cents; Ster.ES eX-
prime BANKERS bills; the actual rates were ASIA
46s aud IN our s0S m Sv,SS and
selling 4 premiums; all points In New Eng
land demand g, and SIGHT y discount selling 4
Dar Money 500 per cent SHELBY county scrip
quoted SOC. buying but very dull itie or none
"a. tennessee. new issue. 33185; Mississippi
ana Tennessee railway hrst-moriga2e O0L1S; SHc.u
bonds q3; fernando Insurance Stock li1' Bun
CITY insurance. a.
lBT TELEGRAPHI
PARIS. April IO.-Rentes, I14f. e5c
NEW ORLEANS. April 10. - Sight exchange on
New 70 K, u premium; sterling exchange, DanAers
bills, ASl.
LONDON April .-Consols-money, 9S; Illinois
central, SO; PENNSYLVANIA Central, 80; Reading,
T8i5; Ete. %; preferred. Ana; 1Ot0s. lO334 new
~ IOB-s; new 4I2s 1874; new As. 1928.
NEW YORK April 1 O-Moley easy at Al Z per cent;
c{osny az Itf5 per cent. Prime mercantile paper,
67B per cent Sterling eXchange-bankers' bills
.ynist 4Stiit; sight exchange ON New York ass.
government bOuda--c0upons 1881, 100; new 5s,
iONa: new 4Ia-, i05ls; new -, HsSai lO-40s,
regisiered, IOl; coupons, lOli currency bs,
ISIta state bonds - Tennessee 6s, old, 30i
,igiS. yIrriuia 6s new. "a; Missouri IS. l07ss.
TpS stock market To-Day owing TO rain ana the snS-
pension Of business tomorrow (dCOd rIldayl' was
Comparatively quiet, and, with lew eNceptions, nue
rulfiops were slight Union Pacific and Northwest,
eru showed considerable strength; Michigan Oentral
e,ii down 10 Sis. but closed at S2Si TTansacdOns
a s.egaied $4,000 shares. OF wnleh lOOO ws ae
Northwestern common, 5000 preferred. l4OO Of
Pdui. 10000 LaCkaWtnna, 1000 New Jersey zen
tull. 5000 Michigan Central. ZOO Union racine
26lO s.. Joseph preterrt q, $500 western Union,
27OO Kansas ana Texas. 250O Sc. Louis and san
francisco, and $500 81 Louis Kansas CITY and
Nor ern. The closing quotations we're as follows
W stern Union Ie'egJuph, LOLA; Gu cksilveT,
I24; Quicksilver preferred "a; fdcihc Mail, IA
Mari pose ZI2 MaripOsa preferryd,3; Adams express
~ III; Wells FNrgOs express, 100; American
,Hursss ASA; United states eXUress, ~; New York
tLttraI lIAl2 Erie 26li; Erie prei'd. 45la har
isr1 $50; Michigan &c. tIal, SPA; Panama, 1874
IJ1i1n Pacific stock, T5l4; Lake Shore. 7lA
nuoois Central, "a: Cleveland and Pittsburg. a2l2
T1rfhvgeStern, B8ls; Northwestern preferred, Hlas
cleveland Columbus, Cincinnati and Indianapolis