Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-02-17
FINANCE AND TRADE.
FINANCE.

Money in good demand at previous rates,
with very little doing at the banks outside OF
daily routine business. Exchange on New York
and principal Eastern points, discount buy
ing; discount on days, and premium sell
ing; and exchange on New Orleans dis
count buying, and par selling. Bank stocks are
quoted as follows: Bank of Commerce, 100;
First National, 124; German National, 200;
Manhattan, 100; State National, l20; Union
and Planters, 122. Insurance stocks: Bluff
City, 80; fernando, 1O2@112; Home, 56(a
90; Memphis City, s.; Peoples, 90Cg94;
Phoenix, sO682; Planters, 1O2. Railroad
stocks: Memphis and Charleston, 1880;
Mississippi and Tennessee, 68(a75; Mobile
and Ohio, 32@135; Memphis and Charleston
FIRST mortgage bonds, Is, ia; do. second
mortgage bonds, rs (1885), 1885, do. consols,
l12; Memphis and Little Rock first mort
gage bonds, IS, I00@lI0; Mississippi and
Tennessee consols, a, I25(9131; do. b, 1I99
l21. Miscellaneous: Memphis gas stock, 100
So; do. bonds, 97@1OO; Memphis water com
pany, par and accrued interest; Memphis city
bonds, old, 28@32; compromise bonds. 56@62;
coupons from old bonds, 23@32; from compro-
mise bonds, 1905; ledger balances 25@29;
judgments on coupons and bonds, 27G130;
paving Indebtedness, 25(929; Shelby county
memphis and Ohio railroad) IS, 1000
l03; warrants, 90 bid-none on the
market; Mississippi levee bonds and
coupons, District No. l, 10; do. scrip, 10;
Bank of Tennessee notes, new issue, 80;
Crittenden county (Arkansas) warrants, 80;
do Desha county, 81; do. Mississippi county,
7O@S5. Building and Loan Associations,
per share: Bluff City, 80; Clerks, IS; Ger
man-American, IS; Memphis Building and
Savings Association, l4l.
MEMPHIS BANK CLEARINGs.
Clearings. Balances
February 10th s9Ss5 90 . I2s q
Thus far this week ..-..-- $50, go g 81, 709Is
same day last week 607,90S 09 Ss22 IS
same week last yesr........ Gle, 24l % 96373 81
BY Telegraph.
PARIS, February 16.-Rentes S2f. SIC.
NEW ORLEANS, February 16.-Sight ex-
ling exchAnge-bankers bills, 4S4jz.
LONDON, February 16.-44s, 115I; A.,
trail, 1917; New York Central, 1927; Erie, 500; |
Erie seconds. 100; Reading. 3l1l
New York, February 16.-Money, 3@6 |
paper g per cent. Sterling EXCHANGE |
bankers bills steady, 4sil4; demand, 1924 Gov
eminent bonds were rather weak and Il per cent. |
lower for extended IS and q per cent. lower for |
registered AS, with the remainder unchanged. |
Kallroad bonds were larry actlVe and irregular
The stock market opened in the main Is to per |
cent. higher than the closing quotations of yester
day. Fluctuations followed, and in the early part
oi the afternoon the market fell Off = to ~ per
cent, the latter for New Jersey Central while Dem
yer and Rio Grande sold down 81 per cent. 10 81,
aud st. Joseph preferred 81 per cent to
)l, aud Louisville and Nashville "a per cent TO
to so. In late dealings advance of q TO per
cent. was recorded, India apolis, Bloomington
aud Western, Memphis and Charleston, Wabash
preferred. New Jersey Central, and Louisville aud
Nashville being prominent in the upward move
ment while Denver and Rio Grande sold up ~
and st. Joseph preferred per cent. Norfolk and |
Western preferred fell or IA and Metropolitan
Elevated per cent The market closed strong.