Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-10-18
FINANCE AND TRADE.

October 18th. $50 - p 80 4SS 4
Same time last week 2ss,4e5 81 a. sos .,
San day last year. ...... 463 SOS 81 7S,253 4
| EA41Iage on New York buying at 4 discount
selling tpar. Eastern cotton bills buying p pei
cent discount, selling at par: and exchange on
Bank stocks.Bank Of Commerce, Is5; First Ma
tiOnsl, l02al10; German National, 2004210; Man
haitian, 1so9l7O: State National, l229l55; Union
Railroad stocks1Mississippi and Tennessee. Goa
e5; Mobile and Ohio, 2592s; Memphis and Charles
mortgage bonds, IS Qss5l. lo29Ios: do. eonsols,
bonds, IS. 100G1t0; Mississippi and Tennessee
consols A, 127i do; 3. u09l13.
Miscellaneous = Merchants Storage ana Com
press Company, nomiEally higher. IS5; Memphis
Gas stock, $3.50; do bonds. 979lOO; Memphis
stock; 40; Memphis city bonds, old, 20; compro-
mise bonds, So; coupons from old bonds. 80; from
, ments oneouPons and bonds go; paving indebt-
edness. 25; Shelby county (Memphis and Ohio
iSt Ss ~ warrants sSloo nidInone on
District No. J. l1@121z; do scrip. 129l21z; Bank
OF Tennessee notes, new issue, $5gl5; crittenden
do Mississippi county, so. Il
PARIS. October 17.-Rentes, ST. 25c.
NEW ORLEANS, October 17.-Sight ex-
change on New York. 81 5o@2 per $1,000 premium.
Sterling exchange-banker's bills, ISL.
LoSDos, October 17.-Consols, 101 3.16;
account, l0l 5-l6; new IS, extended. lO2; Illinois
Central, 49,; Pennsylvania Central, $50; New
York Central, IS; Erie, 49,; Reading, 80
NEW YORK, October 17.-Noney, 396 per
cent, closing at per cent. Prime mercantile
paper. 69s per cent Sterling exehange-bankers'
bills steady, 15I; demand, i-5Z Government
bonds strong and Il to - per cent. higher Rail.
road bonds generally strong ON large volume of
business State securities dull and unchanged
for TenDessees old. The stock market to-day was
strong aud active. aud the entire list shows an
advance from yesterdays prices. At the opening
prices showed genera advance from the closing
quotations Of yesterday of Il to 15S per cent, the
latter Richmond and West Point. During the
first hour of business the market continued
strong and at II O'Clock an advance took place
ranging from y to 11s per cent in which
Northern Pacific common and preferred, Den
yer and Rio Grande, oregon and Transcon-
tiuental, New jersey Central and Nilsson ri
Pacific were most cons picuous After this the mar
ket became weak. and near midday Wabash pre-
ferred fell of 25s and common IL, Western Union
10, Northern Pacific IL, Kansas and Texas IL,
and the remainder OF the list Is to, l per ceut.
This was followed between and O'Clock by an
advance of 10 per cent. Richmond and West
Point Wabash, Michigan Central, Canada South
ern, Western Union. Denver and Rio Grante. and
Texas and Northern Pacific being most prominent
in the upward movement. There was then frac-
tional reaction in the general list after which the
market again became strong, and in final dealings
sold up n TO ~ per CENT, Lake Erie and Western,
and Denver and kio tirande leading the advance.
The market closed strong at an advance on the
days Transactions of to 81 per cent, the latter
Northern Pacific preferred and Lake Erie and
Western, while Richmond and Danvilie closed
per cent. higher. Closing quotations were: