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


2 iNANSE.
Money rules at per cent, with stiff de-
o-.-, Cearings. Balances;
October 9th --..........s 1857 s. 2I,2l6 p
Same dsy last year.. 167,s 500 O3 1888 O5
Exchange on New York buying at I dis
count, selling at par. Eastern cotton bills
buying & per cent. discount, selling at par;
and exchange on New Orleans / discount
buying, and par selling,
Bank stocks-Bauk of Commerce, 135;
FirFt National, 1O2C9110; German National,
2OO92IO; Manhattan, 16O(9I7O; State Ma.
tional, 1229I55; Union and Planters. 125.
Insurance stocks-Bluf City, 90; Her
nsudo, 1873; Home, go refused; Memphis
City, SO; Peoples, s4(9S6; Phoenix, SS@92;
Planters, lis.
Railroad stocks-Mississippi and Tsnnes-
see, 60a65; Mobile and Ohio, 27(928; Men,
phis and Charleston first mortgage bonds. 7s,
1l2(91l6; do. second mortgage bonds, 7s.
(1SS5J 102(9l0S; do. consols, 1l2; Memphis
and Little Rock first mortgage bonds, 81, 100
(911O; Mississippi and Tennessee consols A,
l27; do. 3, 1109l13.
AHscell a neous Merchant Storage and
Compress Company, nominally higher, 1876;
Memphis gas stock, 75@80; do. bonds, 97Gc
100; Memphis Water Company, bonds with
accrued interest, par; stock, 120; Memphis
City bonds old, 80; compromise bonds, So;
coupons from old bonds, 30; from compromise
bonds, so; ledger balances, Is; judgments
on coupons snd bonds, 80; paving indebt-
edness, %; Shelby county (Memphis and
Ohio railroad) 81, SO; warrants, 989lOO bid
none on the market; Mississippi levee
bonds and coupons, District No. ], I1(1124;
do. scrip, l2(ogl21; Bank of Tennessee notes,
new issue, 35(145; Critteuden county ARK
warrants. 20; do. Desha county, 81; do. Mis-
sissippi county, 80.
New ORLEANS, October 9.-Sight ex-
change on New York, SOC per $1,000 premiun
Sterling exchange-banker's bills, 1904
LONDON, October 9.-CousoIs, 100 1916;
account. 1917; Illinois Central; AZ; Pennsylva
MIA &c ntral, 6J54; New York Central, S654; Erie,
4354; Reading, 3Z5S
NEW YORK, October 9.-Money, 5(a,7 per
cent, closed st 1S5 per GENT Prime mercantile
pills steady, 1914; demand, 40 Government
latter As coupons. Railroad bonus are generally
strong Share speculation opened strong and
prices 1sC9l1z per cent higher than at Saturdays
early trade the market continued strong aud
prices recorded a lurther advance of %g2% per
cent, IN which Delaware, Lackawanna and West
ern, Illinois Central, Canada Southern, Denver
and Rio GTande, and Union Pacific were most
declining 2, recovered per cent. and New Jersey
Central sold up rs after falling of 11s per cent.
The marEet alter this became heavy, and
a. out midday prices reacted 1Sesi per
cent, Delaware. Iackawanna and Western.
and Canada Southern leading the decline, while
Ohio and Mississippi advanced ~ to 4054. In the
early part OF the afternoon Louisville a i'd Nash
vile led, recovering 14gl5z per cent, in which
Michigan Central, New jersey Central and Texas
Pacific were also prominent subsequently the ,
market became somewhat irregular but in the
main weak, and when ear the close sold down
49lss per cent, Denver and Rio Grande. Della
ware, lackawanana and Western, New Jersey
Central and Allegheny Central being cons icuous
in the decline, while Richmond and Dsnville
dropped TO IS from y. aud Richmond and West
Point TO b from IS In final dealings there a
general fractional recovery, and the market closed
firm al an advance ON the days transactions of
tsgls per cent, the latter Minneapolis and st.
Paul preferred. Richmond and DGnVille and
Richmond and West Point, however were excep-
lions, the former closing IA and the latter per
cent. lower Closing nnnIaIInna