Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-03-24

T
l The rates Of discount continue at COS per
cent.
u.,., -, : clsa 557 3; R "a IS .;
same time last week. oct 90 1890 -
same time last zeal 69i 4so s. 1851 IL
Exchange on New York and principal
Eastern points, /. discount buying; I dis
count on three days, and I premium sell
ing; and exchange on New Orleans dis
count buying, aud par selling. Bank stocks
are quoted as follows: Bank Of Commerce,
100; First National, 120Gl30; German
National, 200; Manhattan, l60(Gl60; State
National, I2O; Union and Planters, 122
Insurance stocks - Bluff City, IS; Herman
do, 1OO@l55; Home, so; Memphis City, So;
Peoples, 90995; Phoenix, IS; Planters, 1000
lO0. Railroad stOcks-Memphisa and Charles
ton, 66@7O; Mississippi and Tennessee,
67CG75; Mobile and Ohio, 27G29; Mem
phis and Charleston first mortgage bonds,
-, ll2(9ll6; do. second mortgage bonds, IS
flSS5l, l02C1l08; do. consOls, ll2; Memphis
and Little Rock srst mortgage bonds, 81,
l00GGll0; Mississippi and Tennessee consols,
a, $780, do. B, 1l9. Mscellaneous-Mem
phis gas stock, 1908; do. bonds, $1,000;
Memphis Water Company, 98(Gl0O; Mem
phis city bonds, old, 2SCG32; compromise
bonds, 5SG1G5; coupons from old bonds, 80;
from compromise bonds, 68(G80; ledger bal
ances, %; judgments on coupons and bonds,
26; paving Indebtedness, %; Shelby county
(Memphis and Ohio railroad) Gs, 1009103;
warrants, 989l00 bid, none on the market;
Mississippi levee bonds and coupons, District
No. l, 10; do. scrip, TO- Bank of Tennessee
notes, new issue, 35(T45; Crittenden county
(Arkansas) warrants 20; do. Desha county,
90; do. Mississippi county, so. Building and
Loan Associations, per share Of $1,000 each
Bluff City, S73G76; Clerks, SIS; German
American, SIS; Memphis Building and
Savings Association, $l4O@l42.
PARIS, March 23.-Rentes, S3f., l5c.
NEW ORLEANS, March 23.-Sight ex-
change on New York, 81 per $1,000 premium.
Sterling exchange-bankers' bills, 4S6.
LONDON, March 23.-Consols, 10l 3-I6;
account, l0l 5-16; As, 1I94; Illinois Central,
394; Pennsy lvauia Central, 654; New York
Central, 1863; Erie, 1889; Reading, 500.
New York, March 23.-Money, 3@5 per
cent, closing at per cent. Prime mercan-
tile paper, soc per cent. Sterling exchange
bankers bills steady, 1861 demand, 1891.
Government bonds strong and los higher.
Railroad bonds irregular. State securities
inactive. Share speculation opened IN the
main firm and !G2 per cent. higher than
yesterdays closing, Richmond and Danville,
Denver and Rio Grande, and Canada South
ern being most prominent in the advance,
while Oregon Navigation opened per cent.
was strong, and prices advanced los per
cent, Colorado Coal, Chicago, Columbus and
Indiana Central, Richmond and Danville,
Denver and Rio Grande, Wabash preferred
and common, and Louisville and Nashville |
being most conspicuous in the upward move |
ment In the early part OF the afternoon a
reaction Of LAP per cent. took place, in
which Richmond and Danville, Michigan
Central, Colorado Coal, Lake Erie and
Western. Omaha preferred, and Wabash |
preferred WIRE prominent. Subsequently
a recovery of IGGl5 per cent.-Missouri Pa
ci6c and Michigan Central leading-was fol-
lowed in late dealings by decline of ]G9l4
per cent, Reading, Denver and Rio Grande,
Wabash preferred and common, and Texas
Pacific being prominent in the downward
movement, in final dealings the general list
Denver, while Ohio ard Mississippi declined
80 per cent. to 35i. The market closed
i'll the main fairly firm. Stocks, which are
iackscrewed by orders to take all that any
one wants to SELL were firm and held the
general market at times when twas inclined
TO fall. These stocks are understood to be
three in number, to-wit: Lake Shore, in
which the supporting order was 1882, West
ern Union S23 and Missouri Pacific 49,. At
these respective prices the share capital OF
each might have been sold. The remainder
of the list, which fuctuates naturally, was
feverish in the last hour, prices first declin-
ing 5@s per cent, then recovering 5Ggs per
cent, and finally declining b(94 per cent.
The net result for the days fluctuations in the
general list was somewhat lower prices 40
per cent although there we're notable
exceptions, like Colorado Coal, Chicago,
Columbus and Indiana Central, Denver and
some of the Southern specialties. Indica-
lions rather favor the shipment of gold
Transactions aggregated 100000
shares.