Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-09-12
FINANCE AND TRADE

} Nothing new reported by the bankers
= money being in moderate demsnd, and quo
; talioDs unchanged.
= Excepting the light takiugs BY spinner
3 yesterday, there was no feature in cotton
. The actual count of the crop 1882 wal
posted on Change yesterday as follows: Re
. ceipts at all United States ports, 4,720,S64
! bles; overland movement, 477,481 bales
Southern consumption, 23s, 900 bales. Total
crop, SAB, S45 bales.
10 general trade there is but little doing,
and the market, especially in feedstufs, is
exceedingly dull. There are no quotable
changes reported in any department.
FINANCE.
Money rules at 8 per cent, with moderate
demand, and close.
| Same day last week.. sO27o sc 19.ll7 81
| SINE day iast year--.....--. 16,415 % 1884 "a
Exchange on New York and principal
Eastern pc nts, at par; discount on three
days, and premium selling; and exchange
on New Orleans discount buying, and par
selling.
Bank stocks-Bank of Commerce, 1875; First
! National, 1029I10; German National, 200
| @210; Manhattan, 1609170; State National,
| 122@l25; Union and Planters. 125.
Insurance stocks-Bluff City, 50; Her
| uando, 100; Home, 80 refused; Memphis
City, SO: Peoples, S49S6; Phoenix, sS@s2;
Planters, lis.
Railroad misunderstanding and Tennes-
zee, 60@65; Mobile and Ohio, 27GQ29; Mem
phis and Charleston first mortgage bonds, 7s,
lI2@II6; do. second mortgage bonds, 7s |
(lS85), l02(1l08; do. consols, liz; Memphis |
and Little Rock first mortgage bonds, s.,
l009ll0; Mississippi and Tennessee consols |
A, 127; do. B. 110@113.
Miscellaneous = Merchants Storage and |
Compress Company, 125; Memphis gas stock,
5000; do. bonds, $4,000; Memphis Water
Company, bonds with accrued interest, par;
stock, 40; Memphis City bonds, old,
old bonds, 50; from compromise bonds, 80;
ledger balances, %; judgments on coupons
and bonds, 80; paving Indebtedness, %;
Shelby county (Memphis and Ohio rsilroad) |
Is, 90; warrants, e8(9100 bid-none on the
market; Mississippi levee bonds and coupons,
District No. 1, 119l23; do. scrip, 12(912i;
Bank of Tennessee notes, new issue, 35(945; |
Critsenden county tArkansas) warrants, 20; I
do. Desha county, 81; do. Mississippi county, |
go
PARIS, September 11.-Rentes, 83t. 45c.
NEW ORLEANS, September Insight ex-
hsnge on New York, 3 per $1,000 pre-
MUM. Sterling exchsHge-bankers' bills, 485.
LONDON, September 11.-New 5s, extend
ed, q; As, 223; Illinois Central, Jas; Penn
syIvania Central, esq; New York Central,
3S4; Erie, 49,; seconds, 4l4; Reading, 32ss.
New YoRK, September Mooney, 4@7
per cent, at the close offered at 5. Prime mer-
camille paper, per cent. Sterling exchange
bankers bills steady, 4S4; demand, 4S8. Gov
ernmert bonds irregular. Railroad bonds
dull and without notable change. State Sc
curities without feature, expect for Ten
nessee mixed, which are a fraction lower.
Share speculation opened generally strong,
with prices s@15 per cent higher than at
close, the latter st. Paul, Mime
spolis and Manitoba. In the early trade
the tone OF the market was irregu-
lar, but in the main weak, aud price
fell off s(91f per cent, Lake Erie and West
tern, and Chicago, Burlington and Quincy
being most conspicuous in the decline. This
was followed by an advance ranging from I
to 24 per cent, in which Illinois Central,
Erie preferred, Northwestern aud Western
Union were prominent. A little after mid
day there was a reaction OF 5914 per cent,
st. Paul, Minneapolis and Manitoba, ard
Erie preferred leading therein, and the mar
ket again became strong and sold up 10 the
close at an advance ranging from ! to % per
cent, the latter Northern Pacific preferred {
to 99s. Oregon Navigation, Oregon and
Transcontinental, New Jersey Central, and
Northwestern preferred were also prominent
in the upward movement, and the market |
closed strong at about the best figures of the
day, showing an advance from Saturdays
closing prices OF 1921 per cent, Northern
Pacific preferred leading. Transactions sggre-
gated 365 900 shares