Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-06-28


Exchange on New Yorx and principa
Eastern points, at par; disco unit on thre,
days, and premium selling; and exchange
on New Orleans I discount buying, and pa
selling.
Bank stocks-Bsnk OF Commerce, I2O
First National, ITO; German National, 200
Manhattan, 160@lS0; State National, 12O
Union and Planters, 125.
Insurance stocks-Bluff City, So; Her
nando, I00Sl05; Home. so; Memphis City
50; Peoples, SOCS95; PheniI, 70; Planners,
| II5
Railroad stocks-Mississippi and Tenues-
See, 67G975; Mobile and Ohio, 27(929; Mem
phls and Charleston first mortgage boods, IL,
ll2(9ll6; do. second mortgage bonds, u,
| (lSS5), 1029108; do. eonsols, l12; Memphis
and Little Rock first mortgage bonds, 81,
| 1O0(911O; Mississippi and Tennessee consols,
Az 126(9I28; do. B, 1I6@l17.
Ruilding and Loan Associations, per share
OF $500 each-Blui City, S73976; Clerks,
S7S; German-AmericaD, SIS; Memphis
Building and Savings Association, SI40@
142.
Miscellaneous Merchants Storage and
Compress Company, 125; Memphis gas stock,
1908; do bonds, 979100; Memphis Water
ComDany, 989lO0; Memphis City bonds,
old, 2S@32; compromise bonds, 58(965; cou-
pons from old bonds, so; from compromise
bonds, 70@75; ledger balances, Is; judg-
rnents on coupons aud bonds, 80; paving in
debtedness, %; Shelby county Memphis
and Ohio rsiiroad) Is, 1OO@103; warrants,
989100 bid-none on the market Mississippi
ievee bonds and coupons, District No i, 12(9
I21; do. scrip, 129123; Bank of Tennessee
notes, new issue, 35@45; Crittenden county
(Arkansas) warrants, 20; do. Desha county
62; do. Mississippi county. 80.
PARIS, June 27.-Rentes, SIT 173c.
NEW ORLEANS, June 27.-Sight exchange
on New York, 81 per $1,000 premium
Sterling eIchange-bankers' bills, 1854.
LONDON, June 27.--Consols, SO GIG; ac-
count, 99s; new IS extended, 1881; A., 1921;
Iliinois Central, 364; Pennsy wanna Central,
SO; New York Central, 1S4; Erie, 361; Erie
seconds, 90; Reading, 2g4c.
New YORK, June 27.-Mopey, 3@9 per
cent, closing at 4. Prime mercantile paper,
43(S53 per cent. Sterling exchange-bank-
Government bonds unchanged. Railroad
bonds irregular. State securities moderately
active and strong. Share speculation opened
irregular, but prices in the main were s(91
per cent. lower than yesterd iy's closing quo
tations, the latter Ohio and Mississippi. A
general advance OF t(93 per cent. soon tool
place, New Jersey Central leading therein,
after which the market became weak and fell
off t(91 per cent. The market then, al
afternoon advanced 4@I4 per cent. This
improvement was followed in late trade by |
decline ranging from to per cent. In |
final dealings some shares recovered |
a small fraction, but the market in the |
main closed weak, with prices generally tot |
per cent. below the closing figures of yester- |
day, the latter Northwestern. Boston Air |
Line preferred, however, is q per cent. |
higher. The Lake Shore directors state
ment shows that the company earned less |
than per cent. during the first half of the |
fiscal year. In the last half demonstration |
was made in the money market. In the
Stock Exchange the rate was 3@34 per cent,
4 per cent. was then bid, then per cent,
then 6, Z, s, and finally 8 per cent. (this be- |
ing the way rate advances under the new |
law, instead of from per cent. to per cent. |
plus LEA, equivalent to liz per cent?. Be- |
lore the close the rate fell 10 per cent. The |
was artificial and to serve stock |
market purposes. Transactions aggregated |
aho