Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-09-24
FINANCE AND TRADE.
FINANCE

|
Same week last year,. 6l6,l45 81 1s2oss 4
Exchange on New York and principal
Eastern points, at par; ! discount on three
days, and premium selling; and exchange
on New o rleans / discount buying, and pal
selling,
Bank stocks-Bank of Commerce, 1856
| First National, 1O29I10; German National
| 20092l0; Manhattan, 160(9170; State Ma
tional, I229I55; Union and Planters, 125.
Insurauce stocks-Bluf City, 95; Her
nando, 1893; Home, so refused; Memphis
City, So; Peoples, s4(986; Phenix, 5000;
| Planters, lis.
Railroad stocks-Mississippi and Tonnes
see, 60C965; Mobile and Ohio, 27(628; Mem
pbis and Charleston FIRST mortgage bonds. Re,
1126116; do. second mortgage bonds, 7s,
(1885), 102 (910S; do. consols, liz; Memphis
and Little Rock first mortgage bonds, s., 100
@l10; Mississippi and Tennessee consols A,
I27; do. B, 1l0(1l13.
Miscellaneous -Mercha ants Storage and
Compress Company, 125; Memphis gas stock,
5000; do. bonds, 97p1O0; Memphis Water
COMPANY bonds with accrued interest, par
stock, 120; Memphis City bonds, old, 30;
compromise bonds, 5S; coupons from old
bonds, 80; from compromise bOud-, so; ledger
balances, %; Judgments on coupons and
bonds, 80; paving Indebtedness, %; Shelby
county (Memphis and Ohio railroad) IS, 95;
4
Mississippi levee bonds and coupons, Dis
triet No. /, 11@123; do. scrip, 129l24;
Bank Of Tennessee notes, new issue, 35(945;
Critienden county (Ark.) warrants, 20; do.
Desha county, 81; do. Mississippi county, 80.
NEW YORK BANK STATEMENT.
New YORK, September 16.-Losns, decrease,
1881 200; specie, decrease, 81, GA 800; legal
feeders, decrease, $754, 400; deposits, decrease
81, 435 900; circula increase, S266 200; re-
serve, decrease, 81 ,259, $50. The banks now
hold =, 321 1925 less than legal requirements.
PARIS, September 2S.-Rentes, slL 92c.
NEW ORLEANS, September 23.-Sight ex-
change on New York, g per $1,000 premium.
Sterling exshAnge-bankers' bills, 4S3.
LONDON, Sepisppber 23.-Consols. 100 Lie;
consoIs account, 100 3-I6; Is, 2f4; Illinois
Central, IA; New York Central, 3gI; Erie,
437; Erie seconds, 102; Reading, 325
NEw YORK, September 23.-Mouey, 2@s
per cent, closing at per cent offered. Prime
mercantile paper, 6@7 per cent. Sterling
exchan ge-bankers' bills steady, 1921; de-
mand, 1874. Government bonds strong and
higher. Railroad bonds irregular. State
securities dull. Stock Exchange markets
wers more active than OF late, and buoyant
in tone. With the exception OF two fractional
reactions in the middle of the day, the
market continued strong up to the close,
when the highest prices of the day were
made, and an advance recorded on the days
transaction of 392S per cent, Lscka-
wanna, ST. Paul and Manitoba, Mis-
souri Pacific, and Richmond and
Dsnville leading. The other shares
prominent in The upward movement were
Northwestern, Denver and Rio Grande,
Western Union, Allegheny Central, Union
Pacific, Minneapolis and 81. Louis preferred,
Northern Pacific, Louisville and Nashville
and ST. Paul and Omaha. The advance was
stimulated by the announcement Of call
for q, O00 600 bends, the reported settlement
OF difficulties in the North western pool, and
by free purchases to cover short contracts.
The call for extended 5s was accepted as an
assurance that the treasury will not be indif-
ferent to the money market SO far AZ il il
disturbed by the heavy paymsnts Constantly
making in The treasury. The Pest says: at
looked this afternoon in both the money and
stock markets as il the spectators, who had
recently been pulling money and bearing
stocks bad abandoned the work, even if they
had not reversed the engines" Transactions
aggregated 375, 900 shares.