Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-05-16

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| NAV 18th ,.....-.........s go Il3 SIS 1882 81
Thus far this week......-. 4ll,2sl O5 43,765 2
| Same time last week. 325,76 10 5O,3lS q
| same week last Year-.... 1896 16 1896 IS
Exchange on New York buying ct par,
selling at ! premium. Eastern cotton biils
buying at per cent discount, selling at par;
ard exchange on New Orleans / discount
buying, and par ceiling.
Bank gtocks-Bank OF Commerce, 1875;
First National, I1S; German National, 1000
2lO; Manhattan, 16O917O; State National,
I25 bid; Union and Planters, 140@l423
bid.
Rlilroad bonds-Chesapeake, Ohio and
Southwestern fret mortgage, 95 asked; Mic
sissippi and Tennessee, 5000; Memphis and
Charleston fret mortgage bonds, Re, HOO
ia; do. second mortgage bonds, 7s (l885),
1O2@1O4; do. consols, 104@106; Memphis
and Little Rock first mortgage bonds, g., 95
@1OO; Mississippi and Tennessee consOl',
A 1249126; do. B 1OS@11O.
Miscellaneous Merchants Storage and
Compress Company, new issue, 140 bid, $50
asked-light offerings; Memphis Gas stock,
so; do. bonds, 95@9S; Memphis Water Com
psny, bsnds with accrued interest, par; do.
stock, I4O bid, $50 asked; Memphis City
bonds, old, 30@S34; compromise bonds,
65968; coupons from old bonds, 80; from
compromise bonds, 20; ledger balances, SO;
judgments on coupons and bonds, 80; paving
Indebtedness, 80; Shelby county (Memphis
and Ohio railrosd) g., 9891OO; warrants, 95
Gy98; Mississippi levee bonds and coupons,
District No. l, 10@l1; do. scrip, 10911;
Bank of Tennessee Dotes, new issue 7O}(971;
Critenden county (Ark.) warrants, 70; De-
sha county, so; MissIssippi county, 20.
By Telegraph.
NEW YORK, May 15.-Money. 3@4 per
cent, closed offered per cent. Prime mer-
camille paper, 5396 per cent. Sterling ex-
change-bankers' billsquiet but steady, 1881 /;
demand, 1864.
Bor ds-GoYernmen irregular. Railroads
firm. State securities dull, but generally
higher.
Stocks-Business on Stock Exchange was
largely interrupted in the forenoon by the
installation of the new president and other
officers. The market took its cue from that
of yesterday and few stocks touched a
fraction lower in prices than during the
same hours yesterday, though the general
market was not 90 weak. The net results OF
the forenoon's business was decline of / to
Il per cent. from last nights closing prices,
which were generally the highest of The day.
Oregon and Transcontinental was an excep-
ton TO the general list, declining II from last
night or / below the lowest Yesterday; Union
Pacific touched lower than the lowest yes
terday. After 1890 o'clock the market was
dull and prices declined ! to 4, the latter
Union Pacific, but by o'clock there was
reaction of J 10 from the extreme decline;
Union Pacific, Michigan Central and Louis
VILE and Nashville each recovering !.
In the last hour the market was
generally stronger, and at one tiHe many
stocks made the highest prices Of the day
Vanderbilt stocks, Louisville and Nashville,
Jersey Central, and Delaware, Lackawanna
and Western were among the strongest. In
the last quarter OF the hour part of the adj
vance WAS lost. Compared with last night
the market closed irregular, some stocks
were higher and some lower; the only
changes as great as l per cent. com
pared to lat night were Canada South
ern IL higher, Chicago, ST. Louis and
Pittsburg preferred II, Long Island /, and
none as much as per cent lower than last
night. The Evening Post says: "rhe decline
in Union Pacific and TrsnscOntinental is
believed to have been produced by article,
as there ia nothing in The financial condition
of either company TO justify greater de-
preston Of their stocks than for the general
list" Closing quotations we're ss follows:
GOVERNMENTS