Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-08-11
FINANCE AND TRADE.
FINANCE.

,
Exchange on New York and principal
Eastern pc ints, at par; ] discount on lhres
days, and / premium selling; and e1chSnse
on New Orleans / discount buying, ana par
selling.
Bank stocks-Bank Of Commerce, 12O;
First National, 110; German National, zoo
| Manhattan, 16091S0; Stale National, ~;
Union and Planters. 125.
Insurance stocks-Bluff City, So; Her
nando, l009l05; Home, so; Memphis City,
| So; Peoples, 90@95; Pbenix, IS; Planters,
Railroad stocks-Mississippi and Tennes-
see, 67@75; Mobile and Ohio, 27ta29; Mem
phis and Charleston fret mortgage bonds, %,
ll2(9116; do. second mortgage bonds, Is
(I885D, l02(910S; do. cousols 1l2; Memphis
and Little Rock first mortgage bonds, 6s,
lOOCGll0; Mississippi and Tennessee eonsols,
A, 126C9128; do. B. 116@117.
Of 600 each-Bluff City, S73976; Clerks,
S78; German-American, SIS; Memphis
BnlldIDg and Savings Association, SI4OC9
142.
Miscellaneous - Merchants Storage and
Compress Company, 125; Memphis gas stock,
759S3; do. bondsS979lOQ; Memphis Water
Company, bonds with accrued interest, par;
stock, 120; Memphis City bonds, old,
2S@32; compromise bonds, 5S(965; cou-
pons from old bonds, 80; from compromise
bonds, 1000; ledger balances, %; judg
debtedness, 25; Shelby county memphis
and Ohio railroad) s., 1O0@103; warrants,
98(9100 bid-none on the market; Mississippi
levee bonds and coupons, District Mol, 12(9
l23; do. scrip, 12(9l24; Bank of Tennessee
notes, new issue, 35(945; Crittenden county
(Arkansas) warrants, 20; do. Desha county,
%; do. Mississippi county, so.
NEW ORLEANS, August I0.-Sierling ex-
bills, 1874.
LONDON, August O.-Consols-money, |
SO 1916; account, 100; new IS extended, |
l034; Illinois Central, AL; Pennsylvania |
Central, 63i; New York Central, 40f; Erie, !
ilB; Erie seconds, 1O2; Reading, BOZ.
NEW YORK, August 1O.-Money, 3@4 per |
cent, closing at q per cent. Prime mercan-
lie paper, sac per cent Sterling exchange |
bankers bills firm, 1851; demand, 1881. |
Government bonds were weaker and f(93 per
cent. lower for AIS and A, and unchanged |
or extended IS and 90. Railroad bonds
we're irregular. State securities were with
tut feature except for Tennessee mixed,
which fell off q per cent but recovered Z
per cent. Up 10 O'Clock to-day tine volume
If business in the stock market was of mod
rate proportions, but Northern Pacific, and |
Delaware, LackaWanna and Western were
lotions having been in them. Delaware,
Llckawanna and Western, which yesterday
advanced from 1895 TO 143B, sold at 143a
914439144s. Northern Pacific sold at
IL, 51f. 5Zs, and 52s and preferred at
a, 93s, 945 and 94s. The general
st WIS alternately strong and heavy, with
let result in higher prices. Alter l o'clock
re market became dull and heavy, and BY
40 O'Clock prices had declined s0S. In
he next fifteen minutes there was a recovery
1 s@2. In the first half OF the last hour
lock further advanced fraction, bui 10 the
asst half the market became heavy, and so
losed. There were free realizations OF profits
day on stock which have advanced mos,
{ late. In addition there was more DISPOSE
ion on the part OF one or two leading specu-
ltors TO sell stocks SHORT" The temper of
1ecuIation may be said to be publish" Ii
ne outlook for money were as favorable az
nat for other important considerations
hitch determine values the bullish feeling
'ould be unqualified. As il is, every fresh
dvance brings shout realizations on the part
{ holders Of stock, which show great profit
he public appetite, however, continues as
1venous as at any time III the last few
eeks. Membership in the Stock Exchange
late has been sold for S31 GOO, an advance
$4,000 over the last previous prices paid
'r membership. Transactions aggregated
s. 600 ares