Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-06-04
FINANCE N TRADE.
FINANCE

Exchange on New York and principal East
ern points, at par; discount on three DAYS
and / premium selling; and exchange OF
New Orleans discount buying, and par sell
ing.
BAax Stocks are quoted az follows: BaDL
OF Commerce, 120; Sirzt National, no; Ger
! man NatIoAab 200; Manhattan, I6O6I8O
State National, 120; Union and Planters, 125
Insurance stocks-Biuf City, SO; Herman.
do, 1009l05; Home, 90; Memphis City, s.;
Peoples, 9O995; Phoenix, 70; Planters, 1OO@
Railroad stocks-Miasissippi and Tennes,
see, 67975; Mobile and Ohio, 27929; Men,
PMS and Charleston first mortgage bonds,
Is, 1l29Il6; do. second mortgage bonds, Is
(18S5D, l029108; do. consols, I12; Memphis
and Little Rock Erst mortgage bonds, s.,
1O0Gl10; Mississippi and Tennessee c~opsols.
A, I26Gl28; do. 3, 1I661l7.
Miscellaneous Merchants Storage and
Compress Company, 125; Memphis gas
stock, 1898; do. bonds, 97@I0O; Mem
phis Water Company, 9S@lO0; Memphis
city bonds, old, 28@32; compromise bonds.
5S965; coupons from old bonds, so; from
compromise bonds, 70@75; ledger balances,
28; judgments on coupons and bonds. 80;
paving Indebtedness, 25; Shelby county
memphis and Ohio railroad O., 1O06IO3;
warrants, 98@l00 bid, none on the market;
Mississippi levee honda and coupons, District
No. l, 129l23; do. scrip, 129l24; Bank Of
Tennessee notes, new issue, 35(945; Critten-
den county (Arkansas) warrants, 20; do.
Desha county, 81; do. Mississippi county, 80.
Building and Loan Associations, per share
of 500 each-Bluf City, $73@76; Clerks,
S1S; -GeFnsS-ABssTiesD, ST6; Memphis
Building and Savings Association, SI40@
l42.
NEW YORK BANK STATEMENT.
New YORK, June 3.-Loans, increase,
1856 400; specie, decrease, 81, 1926 300; legal
tenders, increase, Sl,I54,5O0; deposits, in
crease, $4,000; circulation, increase,
SCI, 800; reserve, decrease, S257, 525. The
banks now hold So, 95I, 100 in excess of legal
requirements.
PARIS, June 3.-Rentes, 63t.
New ORLEANS, June 3.-Steadv: sight
exchange on New York, 81 per $1,000
premium. Sterling exchapge-bankers' bills,
4s74.
LONDON, June ~3.-Consols, 100 GIG; ac-
count, 1907; "A, 1929; Illinois Central, 1877;
Pennsylvania Central, 562; New York Cen
tral, 1898; Erie, SAG; seconds, 934; Reading,
27!.
NEW YoRK, June 3.-Money, 2@3 per
cent. Prime mercantile paper, 5953 per
cent. Sterling exchange-bankers' bills
steady, 1861; demand, 1891. Government
bonds irregular. Railroad bonds generally
weak. state securities dull. Inc day opened
with renewed depression on the Stock Ex-
change, and under a continuation Of the
''bear' raid yesterday and various unfavora-
bic reports, the entire list declined from ] to
8 per cent. The pressure to sell was very
marked at intervals, especially in the cases of
New Jersey Central, Denver and Rio Grande
and Louisville and Nashville. Shortly be-
fore noon the pressure to sell abated and a
recovery of to 2 per cent. ensued, coal
stocks and Missouri Pacific and Denver lead
ing, but in the last hour Louisville and Nash
vile, New Jersey Central and Denver were
vigorously sold down, and the decline in these
stocks made the general list heavy, although
the latter showed an undertone Of strength.
At the close the general stock market was
fairly steady, feverish and weak. Trans
actions aggregated 10000 shares.