Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-06-13

= W
ers continue 10 report business quiet.
! Clearings Balance:
June 12th...--,,--..-...-..-s 161179 IS S3,o13
same day week: ::;---..-- ls9'SIs g 2ss2s
Exchange on New Yorx and principa
Eastern points, at par; discount on tire
dsys, and premium selling; and exchsng
on New Orleans discount buying. and pa
selling.
Bank stocks are quoted as follows: Banl
OF Commerce, 120; First National, 10; Ger
man National, 200; Manhattan, 160jg18O
State National, 120; Union and Planters, I25
Insurance stocks-Bluff City, 8S; Her
nando, 100C9105; Home, go; Memphis City
IS; Peoples, 90995; Phoenix, IS; Planters
lis.
Railroad stocks--Mississippi and Tennes.
see, 67(975; Mobile and Ohio, 27(929; Mem.
phis and Charleston first mortgage bonds, rs
112@116; do. second mortgage bonds, 7s
(18S5l, 102910S; do. eonsols, 1l2; Memphis
| and Little Rock first mortgage bonds, 81,
100(9110; Mississippi and Tennessee consols,
A, 126@l2S; do. B, 1169117.
Miscellaneous - Merchants Storage and
Compress Company, 125; Memphis gas stock,
| 1908; do. bonds, 979100; Memphis Water
Company, 98@100; Memphis City bonds,
old, 28@32; compromise bonds, 5SC965; cou-
pons from old bonds, 30; from compromise
| bonds 70(975; ledger balances, 2S; judg-
debtedness, 20; Shelby county Memphis
and Ohio railroad) Is, 100@103; warrants,
9S9100 bid-none on the market; Mississippi
levee bonds and coupons, District No. 1, 800
124; do. scrip, 129123: 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 $500 each-Bluff City, S73@76; Clerks,
SIS: German-Americap.- So Memphis
Building and Savings Association, Sl409
I42
PARIS June 12.-Kentes, S3f. 23c.
New ORLEANS, June 12.-Sight exchange
on New York, 81 per 1000 premium.
LONDON, June 12.-Consols, 100 7-l6; con-
sols for account, 100 9-I6: Illinois Central,
1856; Pennsylvania Central, 563; New York
Central, 131; Erie, 343; seconds, 913; Read
ing, 273.
Prime mercantile paper, 44@5@. Sterling
exchange-bsnkers' bills steady, 1861; de-
mand 1894. Government bonds unch anged
except for As registered, which are per cent |
lower. Railroad bonds strong. State secu-
rites inactive. Share speculation opened gen.
orally firm, with prices 5(94 per cent. higher !
than at Saturdays close, the later in Nash |
vile and Chattanooga. Norfolk and West |
ern preferred and East Tennessee, however,
early hours was weak and recorded decline |
of s(Dl4 per cent, in which Northern Pacific |
preferred, Wabash preferred and Missouri |
Pacific were prominent. The list then be-
came strong, and in the early part OF the
afternoon recorded an advance, ranging from
/ to IA; Lake Shore, Louisville and Nash
Vile, New York Central, Denver and Rio
Grande, Missouri Pacific, and Union Pacific
being conspicuous in the upward movement.
This was followed by general reaction of
s@s per cent, the latter for Louisville and
after which prices again became
strong and sold up f@14 per cent, Louisville
aud Nashville, New Jersey Central, and
Wabash preferred leading the advance In
late trade decline of s9s per cent. took
place, the latter for Louisville and Nash vile,
followed by an advance of s@5 per cent,
Northern Pacific preferred leading therein,
and the market closed firm with prices 402s
per cent. above Saturdays closing figures
An effort was made by means of a raid on
he Northern Pacific to depress the whole
market and force general decline. The at
empt failed, on account of the stubbornness
1.-The Vanderbilt stocks and the Louisville
md Nashville, and the "bears" apparently
ook fright, for during the afternoon the
market was strong, and something very like
a boom was witnessed. 1t was thought Van
lerbilt was buying his own stocks. There
we're no signs of activity on the part of Gould.