Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-05-25
FINANCE AND TRADE.
OFFICE OF h DAILY APPEAL, |
FRIDAY, May p, lSI2. ]



-Wehaye heard thata Newspaper, hard
up for news, once Upon a time published
a chapter Of the New Testament as
something their readers would be certain
never to have seen before; We are "hard
up" enough in the financial department.
to feel like Initiating the newspaper
above alluded to, or else the New York
Dry GOods Reporter, paper that min
giles piety and prints, spirituality and
spool cotton, and holiness and o~snaburgs
in. the most refreshing manner. No dry
goods could he drier han Madison street
to-day; no "vatium in a mans inside
IS nothing earthly can fllp could be
emptier. Exchange was In better, but
not superintendent supply, owing to the
movement in the cotton markets. be-
tween bankers S225 per Si000-yesterday
a bank sold 500, coo at Sat the counter
par buying ! premium selling. From
the long interegnum in the cotton mar
ket, deposits have naturally decreased,
and as naturally loans have been sought
for; for good paper at 10 per cent, for
second class u, for those who really
want mOney-the mercies of 1.-THE
street, Gold vas taken at 113, for large
lots llSt. We hear that the Navy Yard
bonds due in July will go to protest, and
that IT Is probable the Mayor will dispute
the authority OF the city to make the
Navy q q guarantee for the bonds.
We heard Of no transactions in any
b0lds or stocks or other securities. Two
lots Of Arkansas leyee bonds, Of $4,000
each, are offered for sale at &c; yesteT-
day several thousands were wanted at
264-cannOt that half cent gulf be crossed
and two anxious parties-the party
anxious 10 buy and the party anxious TO
sell-be made happy? From the usual
mysteriousness of the motions Of this
most understandable of all stocks, 1--WE
calculate" it cannot. Some trepida-
ton wa manifested by the "bullsu of
the Arkansas levee bonds on account Of.
a sentence in the resolutions adopted by
the LIBERAL Republican State Convention
yesterday, which says we "OppOse the
reputation Of any honest debt, but are
equally determined to shield the State
against all pretended debts imposed upon
our people by the fraudulent issue Of.
tcUoe and railroad bOnds.n Several thou
sand Mississippi levee bonds were offered
to-day at 40and no takers. A week ago
40 was offered for them, but from the
less abundance of money, probably, it
appears that rate cannot be realizednoW.
IAN " 4ANlNt w. = 4NGh A04A VI
euldr of May Goth again blanks Mem
phis and Charleston railroad stock and
LIST mortgage bonds; it quotes Arkansas
stocks as follows: Is, funded, SIS; rs Miss.
o. and r. riv., 43; as L. r. and Fort
Smith issue offered at IS; rs L. r. P. B.
and y. o. at 444; rs Ark. Cent. r. r. at
IS and no takers; IS Memphis and L. r.
blank.
Arkansas levee bonds, offered at q.
County scrip, 50. Barbour Lewis,
certified, $500. GayOso Gas Com
pany stock, 80. Memphis and Ten
nessee railroad LIST mortgage, 81; I'd
mortgage, ia. Mississippi levee bonds,
45650. Memphis city railroad, so.
Bank of Tennessee money, $685. for
old issue; new issue, 30635. Ten
nessee COmptrOller's warrants, 80. Lit
tie Rock railroad first mortgage bonds,
80. Memphis city gold bonds, ex-
coupon, 6096l; currency bonds, So.
Memphis past due coupons, So. Mem
phis Water company, Z per cent.
first mortgage gold bonds, IS. For new
Mississippi levee s per cent. bonds 40
offered. Mississippi new, 1872, warrants
al. Second mortgage Memphis and
Ohio bonds offered at 50.