Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-10-01
FINANCE AND TRADE



Exchange on New York buying at = discount
Sc ling at par. Eastern cotton bills buying q pc
New Orleans u discount buying, and par selling
Bank stocks-Bank Of Commerce, 49,: First Ma
tional, l024ll0; German National, D0g2lO; Man
haitian, 16o9l70: state National, l-2Sl55; Uniol
and Planters rs.
1879; Home, 60 refused; Memphis City, IS; Peoples
s4gs6; Phoenix, Ssgs2; Planters. Il5.
| Railroad stocks-Mississippi and Tennessee, COO
| %; Mobile and Ohio, 25S2s; Memphis ana Charles
ton first mortgage bonds, IS, II29I6; do second
mortgage bonds, IS uss5l, 1o2Glos; do cousois,
| IL; Memphis and Little Rock first mortgage
bonds. IS, 1Oogl1O; Mississippi and Tennessee
conlssols, A, ~; do; b, 1logl18,
! Miscellaneous - Merchants storage ana Com
! press Company. nomiRally higher, 135; Memphis
| Gas stock, $3.50; co. bonds 979lOO; Memphi,
| Water Company, bonds with accrued interest, par
stock, l2O Memphis city bonds, old, 40; compro-
misc bonds, 5Si coupons from old bonds. 305 from
| compromise bonds. 60; ledger balances, 2si iudg-
menis upOms and bonds, 30i paving indebt-
edness p; Shelby county memphis and Ohio
the market Mississippi leyee bonds and coupons,
district No. l, l1Gl21s; do. scrip, l29l2H; Bank
county (Ark.l warrants. 20; do. Desha county, 62;
DO Mississippi county, 50.
NEW YORK BANK STATEMENT.
NEW YORK, September 3O.-Loans decrease,
ders increase s5s9 sOO5 deposits decrease, $500
400; circulation increase, sI62,4oo; reserve in
eresss. si5l4oO. The banks now hold S2sSI425
less than legal requirements.
LONDON, September 2O-Illinois Genital, 144 /;
New York Central, S754; Erie, 435z; Reading, 32%
NEW OhEEANSs september 5D--olEnt exchange
on New York nominal. Sterling exchange -bank-
ers' bills $50
NEW YORK, September 80 Money, 79s per
cent. Prime mercantile paper, 7g9 per cent.
Sterling exchange-ba1kers' bills, steady. 4Sl
demand, 456 Government bonds firm Railroad
bonds dull and generally lower. state securities
dull Shsre speculation opened generally firm at
an advance from yesterdays closing prices. In
the carly trade there further fractional rise
after which the market became weak, and u de-
cline OF q 70 "a per cent. took place, the latter
Louisville ana Nashville. The other shares prom
inent In the decline were Lackawanna, New Jersey
Central, Wabash preferred and Canada southern.
IN the early part OF the afternoon Lackawanna
led the recovery Of 1z97s per cent, after
Whlch smother break occurred and prices
leil OF HgZts per cent, the latter Louisville and
Nashville; St Paul, Minneapolis and Manitoba,
Allegheny Central Denver, ST. Paul and North
western were also notably weak. In the late trade
the downward movement vas checked and rally
Of IA per cent. in Louisville and Nashville ana
nashville and Chattanooga, II per cent. in Read
lug, Ia per cent. IN Isckawsnna and Western, L
per Cent in Allegheny Central and 1s5& per cent
IN the remainder of the list occurring but in final
dealings decline of per cent took place in Can
ada Southern, and the remainder of the list sold
on a. per cent, the latter Michigan Genital and
memphis and Charleston, and the marx ed closed |
weak at decline on the days transactions OF "a
81 per cent, Canada Southern, Louisville and |
Nashville, Michigan Central and Union Pacific be |
ing most conspicuous therein. The stocks most |
active and at the same time weakest, were Louis
vile ana Nashville, and Lackawanna and Western.
All sorts OF reports were floating about concerning
an attack upon Louisville and Nashville but |
none could. be tiaced 70 a reliable source. Trans
fnrr arnNA II. OnEfaa