Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-26

IO-40s, coupons, 1191; currency g., 1851.
State securities quiet, Tennessees bet
ter; Tennessee &c, old. 40; Tennessee
So, new, 40; Virginia IS, old, %; Vir-
ginia Is, new. Is; Missouri O., 1861
Railroad bonds were Gull and generally
lower. New Jersey Central was weak.
The day opened on the stock exchange
with a renewal OF the depression and
excitement in coal shares. The opening
quotations for the anthracite coai shares
we're f@l per cent below the clcsing
figures Of las. evening, and business WAS
hardly opened belCrs there came another
deluge OF stocks, ard prices were iun-
bling down to the lowest figure. Fer
short time il seemed IS il bsdiam was
loose on the floor of the exchange, and
prices were no object az all In compari-
con : it'll the desire TO get rid Of the Sc
curities as fast as possible. Delaware,
Lsckawanna and Western declined
from so TO az, New Jersey Central from
40 to 37s, aud Hu ison canal from a to
ISL. The depression ia coal stocks ex-
te did TO the general market, and
eau ed a decline Of 392! per cent,
still lower quotations from Lon
don for Erie assisting the downward
movement. Rock 1=land declined from
lO4 to 1919, Lake S0Ore from 535 TO 52s
Western Union nom 20 u $50, Michi-
gan Central from 40 70 39s, 81. Paul
common ftom 33j to SO, North western
prsfer5sd from 81 to 500, and Erie from
I0s to So. The reported decrease in the
earnings OF some OF The we tern railroads
for the third week in Angus. also had
su uUfavorable influences on western
shares and the market generally. To
ward noon a great change came over the
market, and the bears s srted to cover
There was some buyiDgs for dull ac-
court, under which the market sudden
Iy wheeled around and advanced from !
to II per cent. from the lowest point.
This Else was attended with much ex.
element and animation, and for time
the stock exchange again presented q
lively scene. Delaware and Hudson Co.
nal advanced from 75s to SO; Delaware,
and Western from II |
to S2a, New jersey Central from
37R to 4ls, Morris and Essex |
fr I'M so to 9iS, Rock Island from 1919
10 1854, Western Union from 684 to 693,
Michigan Genital from 394 to 40s, OHIO |
from III to 12B, St:PduI, common, from
SO TO 343, st. Paul, preferred, from IS to
67s, Northwestern, common, from 375
to 3S1, Northwestern, preferred, from 60s
to 62t, Lake Shore from 52s to 534, aud
Erie from 81 to 104. This advance was
by another dec inc Of from to |
8 per cent, the latter New Jsisey Gen. |
tral, In final dealings there was firm
er feeling and prices advanced to % !
per cent. from the afternoon decline. |
New Jersey Central rose TO 40S, Della
ware, Lsckawanna and Western to S24, |
Morris and Essex to 924, Delaware AMI |
HUDSON canal to IS, Michigan Central |
10 405, Erie to 104, Like Snore to So,
North western, common, to 37a, North |
western, preferred, to 6l3, Rock Island |
to 1899, st. Paul, common, to "a, st. |
Paul, preferred, to 67s, and Western |
Union 20 SEQ. There vas considerable |
activity right up TO the close; trsnsac- |
lions, 259 0O0 shares, cf which 5000 were |
Pse &c Mail, 22,000 Western Union,
5000 Northwestern, Is coo r ck Island, |
Is, 90 st. Pauis, IS, 0JO Erie, 80, coo Lake |
Snore, 5000 Obics, 5000 Michigan Gen.
trsl, rs, 900 Delaware, Laokawenna and |
"A 0G0 New jersey Central, |
and $500 Delaware and Hudson
canal. Closing quotations were:
Western Union telegraph, 693; Quick
,:lver, 49, Quicksilver preferred, Is; Pa
oifo Msil. %; MaripOsa, 8; Marposa
preferred, Y Adams EXPRESS, Ill; Wells |
& FaTgO's Express company, S54; Amer
lean Express company, 81; United States
Exnress company, 644; New York Cen
trail, I06; Erie, l04; Erie preferred, IA;
Harlem, 137; Harlem preferred, 1873;
Michigan Central, 4GB: Panama, 26; |
Ucion Pacific stock, SO; Lake Shore, |
iS4; Illinois Central, SS4; Cleveland and |
PiltsbuTg, 81; Northwestern, 3T3; North |
western preferred, 61a; Cleveland, Co
lumbus, Cincinnati and Indianapolis, |
AZ; New Jersey Central, 40; Rock |
Isisnd, 1881; st. Paul, 335; St. Paul pre- |
'erred, SIT; Wabash, l02; Wsbash pre- |
feTred, 1O2; Fort Wayne, 1919; Terrs
Hsute, 81; Terre Haute preferred, 133; |
Chicago and Alton, 81; Chicago and Al |
ton preferred, 81 Ohio and Mississippi,
ia; Delaware, Laekswanna and West
erD, 50; Atlantic and Pacific telegraph, |
IL; Missouri Pscific, Al; Atlantic and |
Pacific, preferred, Il; Indiana Central,
81; Chicago, Burlington and Quincy, |
l44; Hannibal and st, Joseph, lot; Gem |
tr&l Pacific bonds, 81; Union Pacific |
bonds, 6; Union Pacific land grants, 81; |
Union Pacific sinking funds, $50.