Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-08-10

Exchange on New York and princIpa
Eastern 20 nts, at par; discount on fhree
days, and t premium selling; and eIcnang'
on New Orleans discount buying, and pai
selling.
Bank stocks-Bank of Commerce, 12O
First National, no; German National, ~
Manhattan, 160@ISO; State National, ~;
Union and Planters. l25.
Insurance stocks-Blufr City, IS; Her
nandc, I00f9l05; Home, so; Memphis City,
80; Peoples, 909s5; Phoenix, rs; Planters,
lis.
Railroad stocks-Mississipp and Tennes-
see; 67(975; Mobile and Ohio, 27GU29; Mem
phis and Chsrleston fret mortgage bOBds, IS
| il2l9l16; do. second mortgage bonds, q
| (lSo5), 102(9l0S; do. consols, 1l2; Memphis
and Little Rock first mortgage bonds, Is,
| lOOy9ll0; Mississippi and Tennessee cSnsois,
| A, 126(912S; do. 3, 116@1I7.
Building and Loan Assoc ations, per share
Of 5000 esch-Bluff City, S73@76; Clerks,
S7S; German-American, $7S; Memphis
Building and Savings Association, $lzOt9
1z2.
MISCELLANEOUS - Merchants Storage and
Compress Company, 125; Memphis gss stock,
1898; do. bonds, $4,000; Memphis Water
Company, bonds with accrued interest, par;
stock, 120; Memphis City bonds, old,
1902; compromise bonds, 5S@65; cou-
pons from old bonds, so; from compromise
bonds, 70975; ledger balances, %; iudg-
nents on coupons and bonds, 80; paving in
iebtedness, 25; Shelby county (Memphis
and Osio railroad) g., 100@l03; warrants,
9S(9100 bid-none on the market; Mississippi
evee bonds and coupons, District No. /, 100
l23; do. scrip, 129l2t; Bank of Tennessee
notes, new issue, 35Ca45; Crittenden county
(Arkansas) warrants, 20; do Desha county,
81; do. Mississippi county, 80.
NEW ORLEANS, August Q. - Sight ex-
change on New York, 81 90 per $1,000 pre-
MUM; sterling exchaHge-bankers' bills,
4s73@4sS.
NEW YORK, August 9.-Money, 2l@3 per
cent. Prime mercantile paper, 5(96 per cent
Sterling exchaDge-bankers' bills steady,
1851; demand, 1881. The fact that Congress
adjourned yesterday was used with marked
eject by the operators for rise in stocks
this morning, especially as the same cause
resulted in large orders by mail and tele-
graph this morning TO buy. The execution
Of these orders led TO an advance in prices at
me opening of business of 4(91 per cent, a
part OF which vas afterward lost. At first
call, however, the market again improved
aud the advance was quite steady in some
instances. Delaware, Lsekawans and West
srn rose frsm 1898 to 146, Chicago, Bur
lingtou and Quincy from 1894 TO al, Oregon
rranscontinental from 94a TO est. Northern
Pacific from 503 to 81, aud Northern
Pacific, preferred, from 80 to 80. These
.tocks were taken in blocks of 1000 and 5000
shares, the active trading leading to no little
excitement in the general list. The shares
we're Southwestern, New Jersey Central, Nil
wsukee and s.. Paul, 81. Paul and Omaha,
and Western Union. About IL 80 o'clock
there was a reaction of 3@l{ per cent. from
he highest points, but about noon tire mar
llet became firm and again advanced. The
market became less hrm soon after o'clock
In the frst half of the last hour there was a
downward reaction OF 5t9l5 per cent, led by
New jersey Central. The market then De
came strong, and part OF the decline was re-
covered. Richmond and DAnville advanced
l4@24 per cent. There was a large and
strong buying of Western Union and Mis-
souri, Pacific on reports of hesyy earnings
II both companies. The market closed strong
AZ an advance on the days transactions of
hos per cent, Oregon Transcontinental, and
Delaware, LackaWana and Western leading
herein. Transactions aggregated $4,000