Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-11-21
FINANCE AND TRADE.
FINANCE.


November Goth ...........s5ss.15 4 50 s52.s59 6,
Same day last yesr.-.---.-. 25l, 800 95 65,S31 p
EAeha1ge on New York buying at 4 discount,
cent. discount selling at par; and exchang e on
New Orleans 4 discount buying, and par selling.
Bank stocks-Bank Of Commerce, lS5; Flrst Ma
I tional l0RGIl0; German National 20O92l0: Man
haitian. 1eoSl50: state National, l22Sl55; Union
Railroad stocfs1s Mississippi and Tennessee COG
81; Mobile and OHIO, 2!92s; Memphis and Charles,
on INST mortgage bonds, IS, Il2gIl6; do. second
III; Memphis ana Little Rock 4Ist 1norts-s
] bonds. SIS, IO09lI0; Mississippi and Tennessee
| consols, A, l2T; DO B, 1lo9113.
/ Miscellaneous Merchants Storage and Com
press Company, nomiaSly higher, ds5i Memphis
NteT Con- 99 yyit $3.50 ,yte9t bs
| stock 10; Memphis city bonds, old, 80; compro-
compromise bonds. 60; ledger balances, %; judg
ments on coupons and bonds, 80; PAVING indebt
edness %; Shelby county (Mefnphis and Ohio
Tatlroad) Is, 96; warrants, 9S9lO0 bid-nOne on
the market; Mississippi Ievee bonds and coupons,
~ DisT[iet No. l. iiglz1z; 90 scrip l2g1Z@ BsnE
county (Ark.l warrants. 20; do Desha county. o.;
do. Mississippi county. 50.
NEW ORLEANS, November 2O-Sight ex-
Sterling exch2nge-banker's bills, 4sO1< 1907.
LoSDoE, November 2O.-Consols, lOI I5-
&c; account, l02 1-l6; AS. 115H; Pennsylvania
Eric seconds, e91z; Reading. 277s.
NEw YORK, November 20.-Mopey, 6CGg20
Per cent; closed offered 10 Ger cent. Prime mer-
camille paper; 6g7Iz per cent Sterling exchange
ernment bonds &c lower for extended coupons,
but otherwise unchanged. Railroad bonds irregu-
lar, state securities neglected. Speculation on
stock Exchange to-cay was very active and weak,
and the entire list is bs low SATURDAYS
closing prices. The market opened very weak at
n decline from the closing prices of Saturday Of
~ per cent IN Alton and 1erre Haute preferred,
IN northwestern preferred, ~ in Northwestern
common, and 1s9l4 per cent. in the remainder
Of the list. The market continued weak in early
trade, and further decline OF 1z42 per cent. was
and common, Omaha preferred. Northwestern, and
De aware, Lackawanna and Western the
greatest sufferers This was followed by a Tecov-
cry OF 1sglIz per cent, led by Lake Shore, and
H9lA per cent, the latter Delaware, Laekawanna
aud Western. About midday a fractional rally |
took place succ eeded early in the afternson by
decline OF per ce {. in Colorado Coal 10 D. and
d snver and Rio Grande, Omaha common and pre-
ierred, Of. Paul, and Northwestern were prOmi- |
nent in the downward movement After
ttis The market became irregulsr. but with
general upward tendency, the chief f-ature |
OF which was the recovery of 3 per cent. in
Colorado Coal. In late trade, the for money I
advancing 70 20 per cent, the market became very
weak and declined Z921< per cent. 10 the close |
Northwestern, New York central, and Michigan
Central suffering most severely in the decline
The market osed weak at a decline on the days
transactions of Izgj per cent the latter Chicago,
Cleveland. Columbus and Indianapolis. and ST. J
Paul 80, Delaware Lackawanna ana Western AZ,
Read 3zz, Northeastern preferred 81 New Jer- l
sey Central "a. Omaha re Omaha preferred ~,
New York Genital "a, ana Erie q per cent lower
The chief cause of the weakness to-day was the
railroad war IN Northwts stern, aud those stocks
most affected by 1t were Changers Coal shares, and,
The high rate of money also tended 10 depIess
prices. ClosiDg quotations: