Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-04-04
FINANCE AND TRADE.
FINANCE.

Bankers yesterday reported business ex-
tremely dull. Money 69s per cent
Ami, aos GIl ssz1ls g BH ss8s 3
Same day last week ...... ISS 96S g 59l 2I 81 81
Same day last year -..--... 1885 % 2'5o5 i
Exchange on New York and principal Eastern
points. e discount buying = discount on three
sys and z se6"n ie buyfg aH and pa seng
Bank stocks are quoted as follows: Bank OF Com
merce 10; First National, 1209l30: German
National, 200: Manhattan. 16O9lso State National,
100; Union and Planters, 122- Insurance stocks
HerInbis' City IS: Peoples. aoss5; Phanix IS:
Planners lOOG,IO5. Railroad stocks-Memphis and
-; Mobile and Ohio, 27s29; Memphis and Chsrles
ton first mortgage bonds, IS, ll2gll6; DO. second
IL: Memphis and Little Rock first mortgage
bonds, IS, lo0@l1O; Mississippi and Tennessee
phis gas stock, 75gsS; do. bonds, s79l0o: Mem
phis Water Company, 9ealo9 Memphis city
coupons from Old bonds, 30; from compIornise
bonds, 6sGso; ledger balances, .; judgments on
coupons and bonds, 26 paving indebtedness. p;
Shelby county (Memphis and Ohio railroad) Is,
1Jo9l03; warrants, 9S9l0o bid, none on the mar
No i 10; do scp III ta % eounT GAgkamss
a3ts 20. DO Desba county 81; do aissis1ipp
county. 50. Building and Loan Association per
s eiermsn American, SIS Memphs building and
Savings Association sl4o9142
Pairs, April 3-Rentes, S3f. DOC.
NEW ORLEANS, April S.-sight exchange
ON Sss SIh Psi bii io $50 seiu sS
LONDON, April 3.-Consols, 101 ZIG; ac
count Ios 81 l5 1i a 1s92 H Illinois 9o GENITAL Gan
trail 1856; Erie, $50 seconds 9s}z; Reading, S27s.
New YORK, April 3.-Money, soc per
&c Il. per annum, l-32 per cent. pei diem closing
NJ per cent. offered. Prime mercantile paper 5@
steady. 4sGlz; demand Is95{ Government bones
wesk and S per cent l9TeT ydT@e
of business. State securities were inactive, ex-
cept for Tennessee old and mixed, which are
Share speculation opened 2 per CENT
higher than Saturdays closing prices Tor o. egon
Navigation, / per cent higher for Oregon and
rranscontIneRtal 21s per cent lower for Lake
lower for the remainder of the list In early dealings
which Reading. ST Paul. Lake shore and North
preferred and New YORK Central. were most con
speuous This was followed by a recovery of =
10 "a per cent, Reaclng leading therein but sub
sequently another decline Of y pa per cent was
recorded, Oregon Navigation, Western Union, Lou
fs-fiIle aud Nashville Northern Pacific common
aud preferred, Hannibal and st. Joseph preferred,
Texas Pacific. Michigan Central and Denyer and
movement. In the early pan OF the atternOon the
market recovered 4 to "a per cent, Western Dni1n
and St Paul leaotng in the advance but IN the
late dealings reaction of u 10 - per mt took
place the latter Reading ana Northwestern: WINE
isnnlbal and 81: 10 preterred advanced Z2s anu
fell off ia per cent. The advance OF - TO per
cent. the latter for Reading was s9eceeded ~ "a
sudden decline OF 3 To- l7s per cent IN me nnai
dealings. Missouri Pacific Denver and Rio Grande,
Tesas Paeidc being prominent therein, While ore
gon Navigation sold up lts per cent AZ tne Close
The market q lSeu weak anu 10 11s per cent
lower than Saturdays closing prices the latter Lake
Shore. The stock which the market received this
morlng has left the street more or less distrust-
ful. II is said that William II. Vanderbilt has
declared that he viii do no business, nor nave
regard for the stock market until after the funeral
OF his brother. The worst feature of the days de
veIOpment," says the Posi-, lis 1t shows how de
pendent the Course of general speculation in
the stock market still Is on certain individuals.
Prices few weeks ago were rammed down below
what they should have been by individual 1nhu-
ence and have been raised since largely because
the stronger class OF individuals combined against
the former. In neither case were values taken as
much into account as they should have been But
il is hezarding little to say that values have been
more regarded in the recent recovery than they
were in the extreme depression witnessed three
weeks ago." A Boston special says: THE d. Cd
this morning in the New York market was sur-
prise TO outside operators, and caused something
of furry affecting as 1t did Boston speeinties.
Discriminating men, however, say that tue Boston
market has taken very little stock as an invest
ment and that there Is less than usual in the
hands of the public" Fluctuations have been fire.
quent, but alter the second call the list showed
b 1t little chan e from Saturdays figures Phil
adelphia special says: 1.-The local stock market
to-day felt the depressing influence and decline in
New York though IL showed much more steadi-
ness, and the decline not 50 marked and the
N