Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-09-08
FINANCE AND TRADE.

! Bankers report business quiet with n
change in quotations.
Cotton was steady at the reduction of the
day previous. The arrival Of the first Ten
mes ee bale was the general topic on Change
especially lis high grade. Notice of its srri
val will be found elsewhere.
Business was dull in general trade. Egg
and chickens are in abundant supply, but
the demand keeps prices up. Hides are 8
shade higher. Hog products are quiet, not,
withstanding the low stocks at all centers
Feedstuffs are dull, prices being according
to condition. Cornneal Is merely nominal
FINANCE.
Money rules at per cent, with moder ate
demand, and close.
septem Der TIL. ........S 63,240 OF 1925 70
Thus far this week.. 3Ss, or IS SIS 639 81
Same time last week.. Ie9,319 90 1919 81
same week last year ..-.... 425,O57 . ll7637 o.
Exchange on New York and principal
Eastern points, at par; ! discount on three
days, and premium selling; and exchange
on New Orleans / discount buying, and par
selling.
Bank stocks-Bank of Commerce, 135; First
National, 1029I10; German National, 200
@2l0; Manhattan, 16O9l7O; State National,
122@l25; Union and Planters. 1875.
Insurance stocks-Bluf City, 95; Her
City, SO; Peoples, S4C9s6; Phoenix, SS@s2;
Planters, lis.
Railroad stocks-Mississippi and Tennes-
see, 60(965; Mobile and o hio, 27Q29; Mem
phis and Charleston fret mortgage bonds, rs,
ll2(9116; do. second mortgage bonds, Re
QS85), l02@108; do. consols, liz; Mem phis
and Little Rock first mortgage bonds, IS,
-
A, l27; do. B, 1l09l13.
Miscellaneous = Merchants Storage and.
Compress Company, 125; Memphis gas stock,
5000; do. bonds, $4,000; Memphis Water
Company, bonds with accrued interest, par;
stock, 120; Memphis City bonds, old, |
80; compromise bonds, So; coupons from |
old bonds, 80; from compromise bonds, 90;
ledger balances, %; judgments on coupons |
and bonds, 30; paving Indebtedness, 25; |
Shelby county Memphis and Ohio railroad) |
o., %; warrants, 98(9I00 bid-none ON the |
market; Mississippi levee bonds and coupons,
District No. l, ll9l23; do. scrip, 12(9l21; |
Bank OF Tennessee notes, new issue, 36(a145; |
6ritt-nslen county fArksnsAs) warrants, 20; |
do. Desha county, 50; do. Mississippi county, |
so.
PARIS, September 7.-Rentes, S3f. Soc.
NEW ORLEANS, September 7.-Sight ex-
change on New York, 81 per $1,000 pre-
MUM. Sterling eIch aHge-bankers' bills, ass.
LONDON, September 7.-Illinois Central,
fl Pennsylvania Central, 643; New York
Central, ga; Erie, 4OI; Erie seconds, 99t;
Reading, 80.
NEW YoRK, September 7.-Mope y, HOS
per cent. Prime mercantile paper, 6 per cent.
sterling exchaDge-bankers' bills weak,
i841; demand, 48S2. Government bonds
troDg and higher Railroad bonds generally
trong; Boston, Hartford and Erie frsts adj
'anced 4 per cent. Stale securities dull,
Share specul alton opened irregular, changes
rom yesterdays closing prices being only
rsctional, except for st. Paul, Minneapolis
md Manitoba, which was per cent higher.
DURING the early trade the market was very
ull, but an sdvance off per cent. took place
n st. Paul, Minneapolis and Manitoba, l per
emit in Minneapolis and st. Louis and a
raction in the remainder of the list. Subse-
qently decline followed, which ranged
rom I TO 2 per cent, st. Paul, Minneapolis
nd Manitoba, and New York, Chicago and
L. Louis being most conspicuous. The mar !
et after this became buoYant and advanced
to 2 per cent, st. Paul, Minneapolis add
dsnisoba, Texas Pacific, Louisville and
Sashville, and Lake Shore being prominent,
lille Hannibal and 81. Joseph preferred, on (
-ansactions Of HOO shares, sold down TO 85
q the late trade there was q reaction of la
per cent, ST. Paul, Minneapolis and Mani
oba leading, but the market immedi ately
allied 4G9l3 per cent, the latter Lake Shore
lille Hannibal and st. Joseph preferred re-
overed 81 per cent, and tbs market closed
rong, showing an advance on the days
'anssctions of 9(G4 per cent, the latter St.
sul, Minneapolis and Manitoba. Hannibal
nd st. Joseph preferred, however, is per
mt. lower. Transactions aggregated 275, 900 s