Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-05-23
FINANCE AND TRADE.
FINANCE


Business continues dull at the banks
Money in demand at per cent.
49,, Clearings. Balances
May 9th ......;.......-..S 64,3l3 40 17,726 g
Same day last 1oS2J9 - 25,s3l q
Exchange on New York and principal East
| ern points, at par; discount on three days,
and premium selling; and exchange on
New Orleans discount buying, and par sell
ing. BAax stocks are quoted as follows: Bank
OF Commerce, 120; First National, ITO; Ger
man National, 200; Manhattan, 160@1S0;
State National, 120; Union and Planters, 122.
Insurance stocks-Bluf City, So; Hernaud
lOO(G155; Home, so; Memphis City, IS;
Peoples, 90@95; Phoenix, 70; Planters, 100@
lO5. Railroad stocks-Memphis and Charles
ton, 6S970; Mississippi and Tennessee,
61(975; Mobile and Ohio, 27(329; Mem
phis and Charleston first mortgage bonds
7s, 112C9116; do. second mortgage bonds, rs
(l8S5l, 1O2(Dl08; do. consols, liz; Memphis
and Little Rock srst mortgage bonds, Sc,
1O0Gl10; Mississippi and Tennessee copsols,
A, l26C9l28; do. B, 119. Miscellaneous-Mer-
chants Storage and Compress Company, I25;
Memphis gas stock, 75(9S3; do. bonds, 97(9
100; Memphis Water Company, 95@l00;
Memphis city bonds, old, 2S@32; compromise
bonds, 5S(965; coupons from old bonds, 80;
from compromise bonds, 70@75; ledger bal
auces, %; judgments on coupons and bonds,
20; paving Indebtedness, Is; Shelby county
(Memphis and Ohio railroad) Is, 10069103;
warrants, 98@100 bid, none on the market;
Mississippi levee bonds and coupons, District
No. /, 10; do. scrip, 10; Bank of Tennessee
notes, new issue, 35@45; Crittenden county
(Ark ansas) warrants, 20; do. Desha county,
81; do. Mississippi county, so. Building and
Loan Associations, per share of 5000 each
Bluff City, S73(d976; Clerks, SIS; German
American, S7S; Memphis Building and
Savings Association. SI40(9142.
NEW ORLEANS, May 22.-Sight exchange
on New York, 81 per $1,000 premium. Ster-
ling exchange-bankers' bills, ass.
LONDON, May 22.-Consols, 1O2 SIG; ac-
count, 102 7-16; Illinois Central, 1873; Penn
sylvania Central, 500; New York Central,
$50; Erie, 364.
NEW YoRK, May 22.-Money, 23@34 per
cent. Prime mercantile paper, 44954 per cent.
Sterling exchange-bankers' bille steady,
firm and per cent. higher for AIS coupon
and A., and unchanged for 4 1s registered and
extended Is and IS. Railroad bonds dull
and irregular. State securities moderately
active and strong. Share speculation opened
generally strong and 5@s per cent. higher
than Saturdays close; Sandusky and Cleve-
land was ] per cent higher. The market,
generally, soon sold up to s@g per cent,
while st. Paul, Minneapolis and Mani
toba advanced 81 to 1914 this was fol-
lowed by reaction of s9i per cent, st.
Paul, Minneapolis and Manitoba, however,
selling of at II per cent. Speculation then
became dull, and 30 continued during the
remainder of the day. In the early part of
the evening there was an advance Of 591
per cent, while Hannibal and st. Joseph
preferred sold up to 81 to S23. Sue
ceeding this was a general decline of tot
percent, st. Paul, Minneapolis and Manitoba
falling off II per cent. In final dealings the
list advanced s91 per cent, and the market
closed strong with prices per cent. higher,
as compared with Saturdays closing quota
lions, the latter Hannibal and St. Joseph
preferred, while Pacific Mail is II per cent
lower. Transactions aggregated 1000
shares