Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-04-05

! Exchange on New York and principa
| Eastern points, discount buying; ! dis
| count on three days, and premium sell
/ ing; and exchange ON New Orleans I dis
count buying, and par selling. Bank stocks
| are quoted as follows: Bank OF Commerce
| 120; First National, I209l30; German
! National, 200; Manhattan, 1G0(91S0; State
| National, 120; Union and Planters, 122
Insurance stocks - Bluff City, IS; Herman
do, 100(GI55; Home, so; Memphis City, So;
Peoples, 90995; Phoenix, 70; Planters, l00G
los. Railroad stocks-Memphis and Charles
ton, 6S@70; Mississippi and Tennessee,
67O175; Mobile and Ohio, 27O129; Mem
phIs and Charleston first mortgage bonds,
Is, 1l2G1l6; do. second mortgage bonds, "a
(1S55l, 102@l08; do. consols, 112; Memphis
and Little Rock :rst mortgage bonds s.
100@110; Mississippi and Tennessee consois,
A,126@12S; do. Bio. Miscellaneous-Mem-
phis gas stock, 75G183; do. bonds, 9701I0O;
Memphis Water Company, 98(1 100; Mem
phfs city bonds, old, 2S(G132; comProInise
bonds 5SC965; coupons from old bonds, 80;
from compromise bonds, 68@S0; ledger bal
ances, %; judgments on coupons and binds,
&c; paving Indebtedness, 25; Shelby county
(Memphis and Ohio railroad) Is, 1OO@IO3;
warrants, 93G9l00 bid, none on the market;
Mississippi leyee bonds and coupons, District
No. l, 10; do. scrip, 10; Bank of Tennessee
notes, new issue, 35G45; Crittenden county
(Arkansas) warrants, 20; do. Dssha county,
81; do. Mississippi county, 80. Building and
Loan Associations, per share of $1,000 each
Bluff City, $73(976; Clerks, S7S; German
American, $78; Memphis Building and
Savings Association, Sl40G9142.
New YoRK, April Mooney, sac per
cent, closing at 9 per cent. offered. Prime
mercantile paper, 54GD6 per cent. Sterling
exchange-bankers' bills steady, 4S64; de-
mand, 1891. Government bonds at the close
were strong, except for extended 6s, which
were J lower in anticipation OF the forth
coming call for SIS, 100000 or $4,000 600
Railroad bonds irregular on a moderate
volume Of business. State securities inactive.
The stock market, which opened with 80
much uncertainty and showed weakness and
feverishness until after II o'clock, gained
strength and steadiuess from then until up
to little after = o'clock, then became uni
formly strong, and in final dealings was
buoyant. Yesterday a short cut to fortune
was thought by traders in the Stock Exch auge
to lie in selling stocks, and every rally since
has increased the short" interest, SO that
the market this evening was in condition
in which the real owners of stock could make
it very uncomfortable for those who had sold |
their property. 1T begins TO be suspected"
says the Post, "that the performances
Of yesterday in peg stocks were part of a
trick to entrap the short interest. |
w neither this Is so or not IL known only to |
large spectators, who nave shown Them !
selves masters of the speculative situation |
for the last three or four weeks" The spe- |
cial features in the last hour were Northern |
Pacific, which advanced to Al Z and 500, Or |
agon Transcontiuental TO 754 bid, New Jer-
sey Central to S32, Texas and Pacific to Az, |
Western Union Telegraph to 800, Kansas
and Texas to So, Lake Shore to 114s, Denver !
aud Rio Grande to 661, Colorado Coal to 81 J, |
Central to S4s. Louisville TO S04, |
Reading to GA, Wabash to So and 60S, Oma-
ha to 3Ss and 1893, Pacific Mail to 40 and |
Missouri Pacific to 97B, the advance in the
last hour ranging from J to II per cent, or
g@3s higher than yesterday; Lake Shore,
however, closed at la, the same as yester |
lay. The r transactions aggregated 100000 |