Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-07-18
FINANCE AND TRADE.
FINANCE

| Exchange on New York and principal
Eastern oints, at par; discount on three
days, and premium selling; and exchange
on New Orleans discount buying, and par
selling.
| Ba5k stocks-Bank of Commerce. 120;
First National, 10; German National, 200;
Manhattan, 16O(9IS0; State National, 40;
| Union and Planters, 10.
Insurance stocks-Bluff CITY. IS. Her
nando. IOO0l05; Home, so; Memphis City,
IS; Peoples, sO@95; Phoenix, rs; Planters,
lis.
Railroad stocks-Mississippi and Tennes-
see, 67(675; Mobile and Ohio, 27GR29; Mem
! phfs and Charleston FIRST mortgage bonds, Is,
| il2OII6. do. second mortgage bonds, Re
1855, l02@lOS; do. consols, 1l2; Memphis
| and Little Rock first mortgage bonds, S.,
| 1OO61lO; Mississippi and Tennessee consols,
| A, 126(al2S; do. B, 116(9117.
Building and Loan Associations, per share
CT 5000 each-Bluf City, S73@76; Clerks,
| S7S; German-American, S78; Mem phis
| Banding and Savings Association, $l409
142.
Miscellaneous Merchants Storage and
| Compress Company, 125; Memphis gas stock,
| 75(9S3; do bonds, 97(9100; Memphis Water
Company, 9s@l00; Memphis City bonds
old, 2S932; compromise bonds, 5S@65; cou-
pons from old bonds, 80; from mpromise
bonds. 7OG75; ledger balances. %: iudg-
ments on coupons and bonds, so; paving in
debtedness, Is; Shelby county Memphis
and Ohio railroad) g., 100@103; warrants,
9S6IOO bid-none on the market; Mississippi
leyee bonds and coupons, District No. l, 129
l2}; do. scrip, 12(9l24; Bank of Tennessee
notes, new issue, 35(945; Crittenden county
(Arkansss) warrants, 20; do. Desha county,
81; do. Mississippi county, so.
PARIS, July H.-Rentes, Sill. 521c.
New ORLEANS, July Insight exch angs
Sterling exchsuge -bsnkers' biIls, 1851.
LoNDoS. July Acknowledgement, 80 49,
16; account 99J. Erie, Ala; Erie seconds,
100. Illinois Central, 354; Pennsylvania
Central, "a; New York Central, Ssf; Read
ing, 81.
NEW YORK, July 17.-Money, 293 per
cent. Prime mercantile paper, 49@53 per
cent. Sterling exchange-bankers' bills
steady, 1851; demand, 1854. Government
bonds strong and 5(92 per cent. higher. Rail-
road bonds generally strong on moder-
ate volume Of business. State securities in
active. Share speculation opened strong,
with prices sol per cent. higher than Satur:.
days closing figures; the latter Hannibal and
st. Joseph preferred. In early trade the
market was active and prices advanced "a
! per cent Wabash preferred, Peoria, Deca-
tur and Evansville leading therein; after
which the market became weak and sold down
Holt per cent, Louisville and Nashville, Mis-.
souri, Pacific, Reading, and Isl. Paul being
prominent in the downward movement.
During the first part of the afternoon the
market was buoyant, and prices recorded an
advance ranging from ] to q per cent, in
which Canada Southern, Wabash preferred,
New York, Chicago and st. Louis, and Ore
gon Transcontinental were most conspicuous
while Chesapeake and Ohio frsts preferred
sold up Il, reacted II and again advanced
81 per cent, to 50. This was followed in
late trade by decline of f@ls per cent
Rochester and Pittsburg, Louisville and
Nashville, New Jersey Central, and Texas
Pacific being most prominent in the down
ward movement; while Denver and Rio
Grande fell off ], recovered and again sold
off per cent. In final dealings recovery Of
!@3 per cent. took place, Wabash preferred,
and Cleveland, Columbus, Cincinnati and
indianapolis leading therein. The market !
closed firm, with values generally 1922 per
cent. higher than Saturdays closing prices,
ST. Louis and San Francisco preferred and
common, Wabash preferred, and Oregon
Transcontinenial being most prominent in
the advance of the day. Louisville and
Nashville, however, is !, aud Denver and Rio |
Grande ! per cent. lower. Transactions |
aggregated 10000, shares.