Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-08-17

I
Exchange on New York and principal
Eastern points, at par; discount on three
| days, and premium selling; and exchange
on New Orleans I discount buying, and par
selling.
Bank stocks-Bank of Commerce, 100;
First National, no; German National, 200;
Manhattan, 160@1S0; State National, 120;
Union and Planters. 125.
Insurance stocks-BlnH City, %; Her
nando, I00@l05; Home, 65 refused; Mem
phis City, 50; Peoples, 90@95; Phoenix, 70;
Planters, lis.
Railroad stocks-Mississipp and Tennes-
see, 67C975; Mobile and Ohio, 27la29; Mem
phis and Charleston fret mortgage bond-, Is,
ll2C9ll6; do. second mortgage bonds, Is
(lSS5), l02C910S; do. consols, III; Memphis
and Little Rock first mortgage bonds, IS,
lOO(1ll0; Mississippi and Tennessee consols,
A, 126(9l2S; do. Il, 116(9117.
Building and Loan Associ ations, per share
Of 5000 each-Bluf City, S73@76; Clerks,
SIS; German-American, $751; Memphis
Building and Savings Association, Sl40@
142.
Miscellaneous - Merchants Storage and
Compress Company, 125; Memphis gas stock,
75C9S3; do. bonds, $4,000; Memphis Water
Company, bonds with accrued interest, par;
stock, 120; Memphis City bonds, old,
2S(932; 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, 25; Shelby county (Memphis
and Ohio railroad) g., 100(9103; warrants,
Qf(9100 bid-none on the market; Mississippi
ee bonds and coupons, District No. l, 12@
"a; do. scrip, 12(9124; Bank of Tennessee
notes, new issue, 35(945; Crlttenden county
(Arksnsas) warrants, 20; do. Desha county,
81; do. Mississippi county, so.
PARIS, August 16.-Rentes, S2f. 55c.
New ORLEANS, August I6.-Sight ex-
MUM. Sterling exchange-bsnkers' bills,
1874.
LONDON, August 16.-44s, III; As, I22;
Illinois Central, 403, ex-dividend; Pennsyl-
vania Central, 634; New York Central, 391;
Erie, 405; Reading, 31f.
NEW YORK, August 16.-M oDey 2(954 per
cent; closed at 2. Prime mercantile paper
54@64 per cent. Sterling exchange-bank-
ers' bills steady, 1851; demand, 4S9. Gov
eminent bonds were unchanged. Railroad
bonds were irregular on moderate volume of
business. State securities were dull aud
lower. The stock market in the morning
was irregular on reduced volume of business, |
the advance in the rate for money yesterday |
having a tendency 10 restrict trading. Al |
the opening prices declined, but at first call |
the temper OF speculation changed and an |
advance ranging from + to u per cent in |
The general list was noted. The upward |
movement was led by Northern Pacific, |
Reading, Delaware, Lackawana and West |
ern, and St. Paul and Omaha. Out |
side of the active list Memphis and |
Charleston rose 5, Pullman Palace Car and |
Canada Southern % per cent. After mid |
day the market was dull and weak, prices |
showing decline of to j per cent; the |
after in Delaware, Lackawanna and Western. |
The weakness continued until about :l5 |
o'clock, prices further declining s9s per |
cent, and the lowest prices OF the day we're |
hen made. An advance of 591s per cent.
succeeded, with Northwestern in the lead. |
During the last hours business the market |
was firm and gradual advance in prices |
noted. Some of the ''shorts" covered freely, |
he decline in rates for money having in |
luced purchases of stocks. The principal ac
ivity was in Union Pacific, coal shares, St.
Paul and Omaha, Northern Pacific, Texas /,
Pacific, Louisville and Nashville, and North |
western. Northwestern, and St. Paul and |
Omaha advanced on favorable reports from
while Lackawanua went up on |
he announcement that the Buffalo extension |
will be opened in so days. The market |
closed strong. Approximate earnings of the |
Denver aud Rio Grande railroad the second |
week in August were Sis, 785. Transactions |
aggregate 265 900 shares