Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-08-15
FINANCE AND TRADE.
FINANCE.

same day last year..-. zen OF 1855 2.
Exchange on New York and principal
! Eastern points, at par; discount on three
days, and (! premium selling; and change
on New Orleans discount buying, ana par
selling.
First National, 10; German National, zoo
Manhattan, 16091s0; State National, l2O;
Union and Planters. 125.
| Insurance sfocks-Biuff City, SSj Her
naHdo, 100C9105; Home, 65 refused Mem
I phis City, So; Peoples, 9o@s5; Phenix, rs;
Planters, lis.
Railroad stocks-MississiPpi and Tennes-
see, 67(975; Mobile and Ohio, 27a29; Mem
| phis and Charleston fret mortgage bonds, Is,
ll2@1I6; do second mortgage bonds, 7s
| 1885), 102@l08; do. consols, liz; Mem PMS
| and Little Rock first mortgage bonds, IS,
| I00GI10; Mississippi and Tennessee eonsols,
| A, l26(9128; do. 3, l16@1l7.
! Building and Loan Associations, per share
Of 5000 each-Bluf City, S7S@76; Clerks,
| SIS; German-American, SIS; Memphis
Building and Savings Association, Sl4O@
142.
Miscellaneous - Merchants Storage and
| Compress Company, 125; Memphis gas stock,
| 75(dS3; do. bonds, 97(9100; Memphis Water
Company, bonds with accrued interest, par;
stock, 120; Memphis City bonds, old,
2S(G32; compromise bonds, $3.50; cou-
pons from old bonds, 80; from compromise
bonds, 70(975; ledger balances, 2Si judg-
ments on cou pons aud bonds, 30; paving in
debtedness, 25; Shelby county (Memphis
and Ohio railroad) g., 100@103; warrants,
9Sd)100 bid-none on the market; Mississippi
levee bonds and coupons, District No. l, 129
I23; do. scrip, 129125; Bank of Tennessee
notes, new issue, 35945; Crittenden county
(Arkansas) warrants, 20; do. Deshs county,
81; do. Mississippi county, so.
PA August 14.-Rentes, S2I. 57lc.
LONDON, August 14-44s, 116t; Pennsyl-
vania Central, 633; New York Central, 800
Erie, Al; Reading, BOZ.
New ORLEANS, August Insight ex-
change on New York 81 so per $1,000 pre-
MUM. Sterling exth aHge-bankers' bills, |
1874.
NEW YORK, August 14-Money easy at |
per cent. Prime mercantile paper 53@63 |
per cent. Sterling exchange-bankers' bills |
steady, 1851 demand, 4S9. Government bonds
weak and / per cent. lower for As registered;
lower for registered coupons; AIS aud extend
ed 6s and IS unchanged. Railroad bonds
irregular. State securities were without
feature, except Tennessee mixed, which are
a fraction higher In the stock market the
week opened with a strong tone 10 share
speculation, and there was sharp advance
in Northwestern properties, which had
favorable effect upon the list generally. This
upward movement was led by Northwestern,
the preferred rising z per cent. from the
closing price of Saturday to 172,
and common per cent TO 1854.
made for preferred, and within per
cent. of the highest for common. st. Paul,
and Manitoba was next in
point of advance, suddenly rising per cent
o l45; Milwaukee and st. Paul sympathizsd
With this improvement and sold up to 124E.
fhe remarkable strength of the stocks named
attracted much attention, and was the cause
II comment. Coal roads were quite promi-
lent, and nearly all improved. Tho rise in
ONE Vanderbilt shares was due to orders TO
'uy and bull points from Saratoga. South
Western shares were frmer and J to l Z per |
Yer cent. higher than the closing quotations
# Saturday. The great advance in North
'esern roads undoubtedly started the mar
.et ON an upward turn and led 10 q more
ullish feeling generally. After midday
reacted y per cent. and the !
emainder of the list 5(9s per cent. Later !
be market became strong, but in the last |
our was less active than earlier in the day. ,
However, Omaha stocks further advanced,
be remainder of the list falling off frac-
ion from the highest figure of the day. The
4ature Of the market was st. Paul and
pmaha, which advanced on large transac-
ions to "a for common and TO III for pre-
erred. The remainder CT the list was steady
t a fractional reaction from the highest
oint. The rise in Omaha was stimulated
y rumors that the road was to be leased to z
r amalgamaed with the Chicago and North \
estern. The market still has a very strong |
and closed strong at an advance :
n The days transactions OF s@s per cent, 5
northwestern preferred, Indiana common,
t. Paul, Minneapolis and Manitoba, Omaha, :
nd Delaware, Lackawanna and Western
eng most prominent therein. Transactions |
100000 shares.