Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-05-05
FINANCE AND TRADE.
FINANCE.


May 4th ...-..-:.-.. ..--..sl 81 sTs % s47774 80
same ae tin m sh lss SO l 5S59 g g
Same Time last year. 630,699 - PATTI 81
Exchange on New York and principal
Eastern points, at par: discount on
three days, and Premium selling; and
exchange c.; New Orleans / discount buy
quoted as follows: Bank of Commerce,
12O; First National, ITO; German Ma
tional, 200; Manhattan, 1e0@ie0; State
National, I20; Union and Planters, 122
Insurance stocks = Bluff City, 50; Herman
do, 1cc63i55; Home, so; Memphis City, So;
Peoples, 90(995; Phoenix, 70; Planters, 1009
l05. Railroad stocks-Memphis and Charles
ton, 6sC91o; Mississippi and Tennessee,
67C175; Mobile and Ohio, 27@29, Mem
phis and Charleston first mortgage bonds,
Is, 1l291l6; do. second mortgage bonds, Is
1850, l02(9105j do. consols, 1I2; Memphis
and Little Rock Erst mortgage bonds, 81,
10O91l0; Mississippi and Tennessee consols,
A,126(9l28; do. 3, 119. Miscellaneous
chants Storage and Compress Company, 125;
Memphis gas stock, 75(d1S3; do. bonds, 9769
100; Memphis Water Company, 9S9100;
Memphis city bonds, old, 2s@S2i compromise
bonds, 5S(965; coupons frcr, old bonds, so;
from compromise bonds, 70C975; ledger bal
ances, 20; judgments on coupons and bonds,
26j paving Indebtedness, %; Shelby county
(Memphis and Ohio railroad) Ga, 1000l03;
warrants, 9S(9100 bid, none on the market:
Mississippi leyee bonds and coupons, District
No. l, 10; do. scrip, 10; Bank of Tennessee
notes, new issue, 35(945; Crittenden county
(Arkansas) warrants, 20; do. pesha county,
90; do. Mississippi county, so. Building and
Loan Associations, per share Of 5000 each
BIuG City, S73976; Clerks, SIS; German
American, SIS; Memphis Building and
-SaEinas-A ssss--si~--- Il 4ek7a o.
PARIS, May 4-Rentes, s4f 2lc.
New ORLEANS. May 4.-Sight exchange
on New York 81 per $1,000 premium Sterling
exchange-bankers' bills, 4s79@4ss.
LONDON, May 4.-ConsoIs, i01 GIG, ac-
count, 101 11.16; new IS, extended, 1911; As
1913; Illinois Central, 1879; New York Central
1901; Erie, 1861; Erie seconds, 90; Reading
29I
New YORK, May Mooney, 2I03 per
cent. Prime mercantile paper, 44@5 per
cent. Sterling exchange - bankers bills
steady, 4s7l; demand, 400. Government
bonds generally lower. Railroad bonds
strong and moderately active. No transac-
tions in State bonds, with the single excep-
ton of Tennessee mixed, which had one sale
at 81. The stock market was strong, and ad-
vanced 4(92s per cent. for active stocks, and
1G124 per cent. for the inactive list. Favor
able reports respecting the crops, the extreme
ease Of the money market, and the return TO
the market OF Jay Gould, were among the
influences which were mentioned as
strengthening the market. The decision
of the chancellor in the of New
Jersey Central case, that no election
can be held under stockholders call, had
little influence on the market price of stock,
for the reason that compromise is spoken
of between the largest stockholders, the
Gowen and Garrett party, and the present
board, by which the company shall be taken
out of the hands Of the receiver and new
board elected. The market closed strong.
Transactions aggregated $4,000 shares
Closing quotations.