Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-04-23
FINANCE N TRADE.



Bankers business quiet, eos per cent.
Cle,rings. Balances
AAPnI Id"-c.s5556s6 81 slI7,553 81
Total lat %eeF..-..---.i6 o0,SSs e S4945I f ps
Same week last year. sL3,O47 O8 2S6.6Oi IS
Exchange on New York and principal
Eastern points, at par; ! discount on
exchange on New Orleans i discount buy,
ing, and par selling. Bank stocks are
quoted as follows: Bank of Commerce,
l2Oi First National 1200I30; German
National, 200; Manhattan, I606I80; State
National, 100; Union and Planters, I22.
Insurance stocks - Bluff City, So; Herman
DO. IGoSlS5; Home, so; Memphis CITY, s.;
Peoples, 9O995; Phoenix, 70; Planters, 1000
los. Railroad stocks-Memphis and Charles
ton, $500; Mississippi and Tennessee,
67@75, Mobile and Ohio, 27929; Mem
phIs and Charleston first mortgage bonds. |
7s, 112@I16; do. second mortgage bonds, 7s |
(lSS5l, 1O2@lO6; do. consols, 1I2; Memphis
and Little Rock Srst mortgage bonds. Sc. |
lO09ll0; Mississippi and Tennessee consols,
A,126@l28; do. B,119. Miscellaneous-Mem-
phis gas stock, 1908; do. bonds, 979IOO;
Memphis Water Company, 98GlO0; Mem
phis city bonds, old, 2S@32; compromise
bonds, 5S965; coupons from old bonds, 80;
from compromise bonds, 70@75; ledger bal
ances, %; judgments on coupons and bonds,
20; paving Indebtedness, 25; Shelby county
(Memphis and Ohio railroad) 6s, 100@I03;
warrants, 9SGI00 bid, none on the market:
Mississippi levee bonds and coupons, District
No. 1, 10; do. scrip, 10; Bank of Tennessee
notes, new issue, 35@45; Crittenden county
(Arkansas) warrants, 20; do. Desha county,
81; do. Mississippi county, 80. Building and
Loan Associations, per share of $1,000 each
Bluff City, S7S@76; Clerks, S7S; German
SIS; Memphis Building and
Savings Association. Sl409I42. .
NEW YORK BANK STATEMENT. :
NEW YORK, April 22.-Loans, decrease. j
s2,955, 800; specie, decrease, $2,909, 400; legal
tenders, increase, Sl,6S3, 800; deposits, in ,
crease, $500; circulation, decrease, ! !
banks now hold S9,049,550 in excess of legal
requirements.
PARIS, April 22.-Rentes, SCI. 874c. :
New ORLEANS, April 22.-Sight Ex- s
change on New York, s. per $1,000 premium. 2
exchange-bankers' bills, 487. Il
LoNDoS, April 22.-Consols, 1O1 Gle; ac- 5
l0I 1I-16; a, I24; Illinois Central,
3S3; New York Central, 1904; Erie, 1861; u
1921. D
New YoRK, April 22.-Money, 2@3 per e
ent. Prime mercantile paper, 5@54 per lo
ent. Sterling exchange-bankers' bills A
teady, 4S7; demand, 1891. Government o
onds per cent. higher for A., the rest I'M es
hanged. Railroad bonds irregular. The
1ain features were an advance of q per ar
in Wabash general mortgage 6s and l A
er cent. in Lake Erie and Western frsts. j.
tate securities stronger. The stock market, in
a strong opening, became irregular and r,
zen weak, and during the afternoon the bu
west prices OF the day and week were made re-
some shares. The principal demoDstra- gu
on of the bears was made against New York a.
entral, which dropped to Sc, a decline of 81
er cent. for the day. The report of on
lie receiver of the road shows a larger n,
mount of floating Indebtedness than was A,
opposed to exist, and this had a depressing IT,
feet. Some parties in the street are moving A.
favor of an election Of directors of the -.
ew Jersey Central May 9th. Lake In
lore, Notwithstanding the letter said to ou
i've been written by Vanderbilt, stating 7 Nj
at he now holds more stock than he did L.
e year ago, was heavy and declined TO =,
The drop in this stock was due TO a Z
port that an arrangement for an inter ira
ange of business had been made between Ian
e Erie and New York, Chicago and St. WI
luis roads. Among other etoeks, Denver IN
clined to 5Ss, Louisville and Nashville to ?!
Wabash preferred to 509, Western Union 81
SIS, New York Central TO 1853, and Mich Au
IN Central to 7S4. The general market q
up steady at a rally OF to II p,r Col
Ut. from the lowest point, the latter Read ing
:; New Jersey Central was an exception, clio
wever, closing at the lowest price Of the Au
y and week. Transactions aggregated Ole
( non 49, nor