Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-08-22
FINANCE AND TRADE,
FINANCE.

/
Money rules at 8 per cent, with moderate
| demand, and close.
August 21st..... 937 IS s15766 s.
same day last last year 6IS8i a i$255 q
Exchange on New York and principal
| Eastern points, at par; discount on three
days, and premium selling; and exchange
on New Orleans / discount buying, and par
selling.
Bank stocks-Bank of Commerce, I2O;
First National, ITO; German National, 200 I;
Manhattan, 160@l80; State National, 120;
Union and Planters. 125.
Insurance stocks-Bluf City, SO; Her.
nando, 1009l05; Home, IS refused; Mem
Rhis City, IS; Peoples, 9O9s5; Phoenix, rs;
Planters, lis.
Railroad stocks-Mississippi and Tennes-
see, 67975; Mobile and Ohio, 27G29; Mem
phis and Charleston first mortgage bouds, Is
ll2C91l6; do. second mortgage bonds, rs
(I885), I02(910S; do. consols, 1l2; Mem phis
and Little Rock first mortgage bonds, IS,
1009l10; Mississippi and Tennessee console,
A, 1269128; do. B. 116@1I7.
Building and Loan Associations, per share
of 5000 each-Bluf City, 1906; Clerks,
S7S; Germau-American, S78; Memphis
Building and Savings Association, $1409
142.
Miscellaneous - Merchants Storage and
Compress Company, lbs; Memphis gas stock,
75(9S3; do. bonds, $4,000; Memphis Water
Company, bonds with accrued interest, par;
stock, 120; Memphis City bonds, old,
2s@32; compromise bonds, 5s@65; cou,
pons from old bonds, 80; from compromise
bonds, 70(975; ledger balances, %; judg-
ments on cou pons and bonds, 80; paving in-
debtedness, IS; Shelby county memphis
and Ohio railroad) 6s, 1O0@103; warrants,
9s@l00 bid-none on the M arket; Mississippi
Feyee bonds and coupons, District No. l, I2(9
I23; do. scrip, 12(9124; Bank of Tennessee
(Arkansas) warrants, 20; do. Desha county,
81; do. Mississippi county, so.
NEW ORLEANS, August 21.-Sight exchange
on New York, 81 per $1,000 premium. Sterl-
ing exch aHge-bankers' bills, 1871.
LONDON, August 21.-Bonds-44s, ZIG;
Illinois Central, 1894; Pennsylvania Central,
634; New York Central, 139; Erie, 40: Sec
onds, SO; Reading, 31s.
New YORK, August 21.-Money, 21(04
per cent. Prime mercantile paper, 55(065
per cent. Sterling exchange-bankers' bills,
1851; demand, 489. Government bonds were
unchanged. Railroad bonds were steady.
State securities were dull. The stock mar
ket opened at an advance of s924 per cent.
on Saturdays closing prices, Pacific Mail
and Memphis and Charleston leading there
in. In early trade, however, a sharp selling
movement was inaugurated, under the
influence of which a reaction of
1@13 per cent. took place, Pacific
Mail, Delaware, Lackawanna and |
Western, Canada Southern, Rochester and |
Pittsburg and Northern Pacific common aud |
preferred being most conspicuous in the de- |
cline. IL the early part of the afternoon |
prices IN the main were irregular. Jersey |
Central and Denver and Rio Grande, how |
ever, fell off per cent, while Northern Pa
cifc preferred recovered per cent. For the |
of the list only slight fractional |
changes took place. During late trade there
was recovery of t914 per cent, the latter
st. Joe preferred; Denver and Rio Grande,
Texas Pacific, and st. Paul and Omaha were
also prominent in the recovery. Themarke,
closed generally strong, with prices showing
a decline of 5@s per cent. on Saturdays |
closing prices; Lake Shore, Wabash pre-
ferred and Delaware and Hudson being
most conspicuous. Transactions aggregated |
l3l 900 shares