Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-10-13
FINANCE AND TRADE
FINANCE.

Money commands 8 per cent, with liberal
demand and moderately easy, with prospects
for the future.
Thus far this Week.....- 1887 81 126'So5 s;
Same tI@s Last Ssss5 q I g
Exchange on New York buying at d.
count, selling at par. Eastern cotton bills
buying ! per cent. discount, selling at par;
and exchange on New Orleans / discount
buying, and par selling,
Bank stocks-Bank of Commerce, 1856;
First National, 102(9110; German National
200@2l0; Manhattan, 160C9170; State Ma
tional, I22(9l55; Union and Planters, I275.
Insurance siocks-Bluff City, 90; Her
nsndo. 1873; Home, so refused: Memphis
City, 50; Peoples, S4(1S6; Phoenix, SS@92;
Planters, lis.
Railroad nfississippi and Tennes-
see, 60(165; Mobile and Ohio, 27(G2S; Mem
phis and Charleston first mortgage bonds, 7s,
112(9116; do second mortgage bonds, 7s,
1885,, 1O2(9l0S; do. consols, I12; Memphis
and Little Rock first mortgage bonds, IS, 100
@1lO; Mississippi and Tennessee consols A,
~; do. 3, ll0(9l13.
Miscellaneous --Merchants' Storage and
Compress Company, nominsIly higher, 1876;
Memphis gas stock, 7598O; do. bonds, e7Gu
100; Memphis Water Company, bonds with
accrued interest, par; stock, 10; Memphis
City bonds, old, 80; compromise bonds So;
coupons from old bopds, 80; from compromise
bonds, so; ledger balances, 2S; judgments
on coupons and bonds, 80; paving indebt-
edness, %; Shelby county Memphis and
Ohio railroad) g., 80; warrants, 989lOO bid
none on the market; Mississippi levee
bonds and coupons, District No. !, l19123;
do. scrip, l2C9123; Bank of Tennessee notes,
new issue, S5(945; Crittenden county ARK.
warrants, 20; do. Desha county, 81; do Mis-
sissippi county, 80.
PARIS, October 12.-Rentes, S1t 624c.
NEW ORLEANS, October 12.-ExchaDge-
New York sight, 10 per cent. prem um; bank
ers' bills, 4s1.
LONDON, October I2-New SIS extended,
10l4 ex-coupon; Illinois Central, 1494; Penn
sylyaDia Central, 66s; New York Central,
1911; Erie, 445; Erie seconds, I03; Reading,
32s.
NEW YORK; October 12-Money, 396 per
cent, close offered 2 per cent. Prime mer-
camille paper, Cos per cent. Sterling ex-
bills steady, 4Sl; demand,
1851. Government bonds unchanged except
for AZ registered, which are 1 per cent
volume of business. State securities dull.
Tenuessees old, declined q per cent, and
new 2 per cent. The stock market to-day
was IRE gular but in the main heavy, and
prices, a rule, were lower than yesterday.
The market opened generally 5@4 per cent.
lower than at yesterdays close. Richmond
and West Point, however, was 81 per cent,
and Illinois Central Il per cent. higher |
after opening there was frac- |
Iional advance in the general list, which |
was followed by a decline of k01
per cent, Illinois Central, and Al |
legheDy Central leading therein. There |
W as then a recovery OF sG914 per cent, New |
Jersey Central, Illinois Central and Delaware,
and Western being most con-
spicuous in the Improvement. The market
again became heavy, and about midday
prices fell 4(913 per cent, Richmond and
Danville, Louisville and Nashville, Allie
gheny Central and st. Paul being prominent
m the downward movement, while Rich
nond and West Point dropped 10 "a from
i04, and Mutual Union 10 20 from PSI.
EARLY in the afternoon Allegheny Central
and Louisville and Nashville led the recov-
Try, extending from ] to Il per cent, after
which the market became weak, and in late
rade decline took place ranging from / to
q per cent, in which Omaha common and
and Allegheny Central were prom
nent, while Richmond and Danville fell off
% per cent. to 60, and Richmond and West |
Point to 81. In final dealings Richmond
md DAnville rallied % per cent, West
Point l per cent, and the general list
raction. The market closed firm, but at
lecline on the days transactions of 1913 per
ent. the latter Oregon and Transcontinental,
While Richmond and Danville closed 1T 9
'er cent. lower. The following is the list of
losing quota tiops: