Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-08-27
FINANCE N TRADE
ElhANGE

Exchange on New York and principaI
Eastern points, at par; discount on three
days, and / premium selling; and exchange
on New Orleans / discount buying, and PAL
selling.
Bank stocks-Bank of Commerce, sale Of
small lot at 135; large lot refused 1873; First
National, ITO; German National, 200; Man.
haitian, 16091SO; State National, 120; Union
and Planters. 125.
Insurance stocks-Bluf City, So; Her
nando, 100C9l05; Home, IS refused; Mem
phis City, IS; Peoples, 90995; Phoenix, Last
sales at 90c; Planters, lis.
Railroad stocks-Mississippi and Tennes-
see, 67975; Mobile and Ohio, 27G29; Mem
phis and Charleston first mortgage bond-, 7s,
ll29116; do. second mortgage bonds, IL
(lS95l, lO2@1O8; do. c~onsols, liz; Memphis
and Little Rock first mortgage bonds, IS,
lOO9ll0; Mississippi and Tennessee consols,
A, 126@12S; do. B, 1169117.
Building and Loan Associations, per share
Of 5000 each-BIuh City, S73@76; Clerks,
Building and Savings Association, $I409
142.
Miscellaneous - Merchants Storage and
Compress Company, 125; Memphis gas stock,
1908; do. bonds, $4,000; Memphis Water
Company, bonds with accrued interest, par;
stock, 12O; Memphis City bonds, old,
2S@32; compromise bonds, 58965; cou-
pons from old bonds, so; from compromise
bonds, 70@75; ledger balances, Is; iudg-
ments on coupons and bonds, 80; paving in
debtedness, 25; Shelby county (Memphis
and Ohio railroad) &c, 100@10S; warrants,
9S@lO0 bid-none on the market; Mississippi
levee bonds and coupons, District No. l, I20
l23; do. scrip, 12@123; Bank of Tennessee
notes, new issue, 35@45; CriLtenden county
(Arkansas) warrants, 20; do. Desha county,
%; do. Mississippi county, so.
z YORK BANK
New YORK, August 26.-Losns, decrease,
$2,66s, 800; specie, decrease, 81 ,l42. 900; legal
tenders, decrease, S2l4,900; deposits, de-
crease. Sc, 400. 800; circulation, increase, S72,-
100; reserve, decrease, $780, 100. The banks
now hold $1,1S9,075 in excess Of legal re-
quirements-
NEW ORLEANS August observation-disclosures
on New York, 81 30 per $1,000 premium.
Sterling exchznge-bankers' bills. 4S7.
LONDON, August 26.-New York Central.
1856; Erie, 39b; Erie seconds, SO; Reading,
New YORK, August 26.-Mopey, 204
cent, closing 2 per cent. offered. Prime |
mercantile paper, 53@6 per cent. Sterling
exchange-bankers' bills steady, 1851; de- |
mapd, 1891. Government bonds were firm. |
bonds were strong. State securi- |
ties were dull. The stock market opened la /
l per cent. lower than yesterdays close, tue
latter Erie preferred. Louisville and Nash
vile, Kansas and Texas, and Wabash
were conspicuous. In early dealings there |
were only slight fractional changes. The
market then declined s@1S per cent. The
most prominent were Denver and Rio
Grande 1s per cent, Louisville and Nash
vile, and New Jersey Central. Prices con-
tinued irregular, coal, Louisville and Nash
vile, and Alton and Terre Haute declining
!, while Denver and Rio Grande sold up IL, !
Decatur and Evansville ] per cent.
Nashville, Chattanooga and st. Louis de-
clined, but just before noon recovered. In
the afternoon prices recorded a decline OF la
per cent. Subsequently a recovery of l
git per cent. took place, the latter Denver
Rio Grande. The other conspicuous
stocks were New York Central, Louisville
and Nashville, and Lake Shore. The mar
closed moderately active. with prices
generally weak. Transactions aggregated
3S5 600 Eharea !