Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-10

In commercial circles As well as sewh
the great and unprecedented nre in Chicago IS
M pripcIple topic Of conversation. and, TOO,
much speculation to what extent ~ VIII euecl
the general market. We cannot agree Wllh
some that there will be a money panic 10 the
extent entertained. Stil we are convinced
That the effect on Eastern cities, and especially
on New York aud Boston, VIII be tothe extent
~ mUlious OF dollars, bothtn insurance secu-
rifles and individual liabilities. But We hope,
by a wise and iudiciOus course, much OF the
fearful calamity may De aNerbed DeIorS II
reaches the heart Of the great public The
whole country will, no doubt, feel the erecbs
Of this fire, financially for the tine being, but
AZ Wul very soon recover.
Moner matters were quiet to-day, but during
pas vseek there has been al unusual de-
msnd for money. Tne rates remsin at lO9R
per cent per annuIn, anu Z = 2 per cenLP per
customers must be %eonteut with the latter
hgure-
The demand for exchange vas better. Rates
since our last weekly review have ad-
vanced to on New YORK and on outside
The gold market during the past week has
been inactive, there having been but little
offering. Today gold was bought al ll5A TO
there has been but little interest taken in
local securities, stocks etc. money aeing
up, 50 to speak, in cotton The receipts
OF cotton have been large for the week ending
10 day henc II has taken a vast sum OF
ready money to handle aud move 10. This be-
ing the case, IL viii readily be seen that local
stocks and securities would necessarily be dull.
AElA MS - ge.A1H e+@-a 49, - a.
md ready sale. Dealers ara Offering 6c and
holding a. % 10 61e. Arkansas levee bonds
. lOOk up daring the past week
holding at "a to IS Memphis ard
Charleston railroad stock is quiet, with but lit
tie inquiry; held at Ss55H; Is mortgage bonds,
5aS6c; ID do, gSSOc- Mississippi warrants
asking S3GS4c Mississippi Valley, 20 10
Sic. fernando, "a to 65c. Planters and Mer-
chants Insurance stock, - TO 60c. shelby
County warrants Soc to SIC buying and selling.
City Coupons, past due, ~ 10 Sic. Bank OF
Tennessee money, old Issue, s. to SEE new,
IS 20 4sc. City Bonds, Gu rencyzissae,- 5g1S 10
&C buying, and Gle selling; gold issue 0 totGe-
Warrants buying arsftOSc and sell
ing at s. to SSc. Mississippi Central rail-
shares at lsc to I9c; for LIST mortgage, deal
es report SIC TO Soc as the buying and selling
rates; I'd do, &c TO 7sc. Mississippi and Tennes-
see railroad shares are lee TO DC; LIST mortgage
bonds, SIC 70 Sc; ID do, 70c bid; cOnsOf dated s
per cents 2casklpg. Memphis and Little Rock
LIST mortgages, 76c 10 7Sc. Mobile and Ohio
railroad sterling bonds are quoted at S6xc
70 SSc, buying and selling: do eX-certs, Sic
to SIC; do eights int, Sic; do ID &c
10 &c. Selma and Meridian fst mortgage are
56 10 &c. Memphis and Ohio shares are l9c to
lgEc: ft mortgages ~ ISc to socs Id do
54c TO D5c. Alabama lives are &c 10 9Ocs
Fights IUl 10 m3c. Missouri skies are quoted
al "a 10 soc SKIES 81 10 60c. tusur-
ahce and bank stocks are quiet ami but little
demand. Arkansas state bonds, Endorsed by
tire Mempht and Little Rock railroad, are
65c tH.6Ge. state warrants, new,
at Sic te 66cs sfxes,Go 10 5sc; seyens,
The following were the closing quotations Of
securities in New YORK on TfFHrsday |
last We omit Tennessee. a. they Wl be found
in Tie telegraphiOd dispatches