Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-08-18

Same week last wear ........ 2sl,5ll G. e2SS6 81
Exchange on New York buying at par,
selling at premium. Eastern cotton bills
buying at per cert. discount, selling at par;
and exchange On New Orleans discount
buying, and par selling.
Bank stocks-Bank of Commerce, l35 bid,
40 asked; First National, lis; German Ma
| tionsl, 200; Manhattan, 16O9l7O; State Ma
tional, l28 bid, 100 asked; Union and Plant
ers, las bid.
Insurance stocks-Home, 80 offered; Bluff
CITY. 100; Peoples, IS; Planters, lis; Phe-
nix. 80: Memphis City, 1OOGlO3; fernando,
I05GIlO; Vanderbilt, 139l5.
Railroad bouds-Chesap=zke, Ohio and
Southwestern first mortgage, 95 asked; Mis-
sissippi and Tennessee, SO; Memphis and
Charleston first mortgage honds, 7s, ia;
do. second mortgage bonds, Is (lSS5). 1O3;
do. ~consols, 104; Memphis and Little Rock
first mortgage bondp, S., S8; Mississippi and
Tennessee %consols, A 123; do. B los.
Miscellaneous - Taxing District compro.
mise bonds, "a; Merchant Storage and
Compress Company, new issue, 1876; Mem.
phis Gas stock, 8l983; do. bonds, 100;
Memphis Water Company, bonds with
accrued interest, par; do. stock, $50 bid
Memphis City bonds, old, 34935; COM
promise bonds, 7097l; coupons from
old bonds, "a; from compromise bonds, 20;
ledger balances, "a; judgments on coupons
and bonds, "a; paving Indebtedness, "a; Shell
by county (Menphis and OHIO raiiroad) g.,
100; warrants, 95; Mississippi levee bonds
and coupons, District No. l, 10; do. scrip,
10; Bank Of Tennessee notes, new issue, 65;
Critlepden county (Ark.) warrants, 65@70;
Desha county, 60; Mississippi county ,6097O.
By Telegraph.
NEW YORK. August I7.-Money easier,
21ta3 per cent, closed offered 2 per cent.
Prime mercantile paper, 81 per cent. Sterling
exchapge-bankers' bills weak, 4S2; demand,
4S53.
Bonds-Governments strong. r iilways
firm aud higher; Olio Southern 'inco .Aes
rose from Is 10 22 bid. In State securities
Louisiana consols sold at IS, Alabama class
A SI3, Tennessee new 35, and North Caro-
lima con soils A. at 773.
Stocks-The market was stronger to-day
tn Ar yesterd1 ~, aud apparently from som,-
what different causes. Yesterday the adj
vance YVES caused mainly by ths covering of
shorts, and in the afternoon a'so by some
considerable buying on foreign account.
To-day there was no further short interest to
be covered, and a good many OF the stocks
bought yesterday on foreign account were
sold out in the forenoon, probably 10 realize
profits, with a view 10 buying them back
again at a reaction. 10 the afternoon, how
ever, buying contiuued presumably By people
who have held stocks all along uutil lhe
furry OF the early part ofthe week made them
apprehensiYe Of some more extended
trouble and induced than 10 sell out. To-
day they have been buying them back again.
The net result OF the days business was an
advance over last nights quotation OF to 81
per cent, the latter on Oregon and Transcon-
~tineutaI, The other imoortant advances being
Western Uniou q Uaion P4ci6c l, Man,
tobs l, Rock Island II, r aiding Is, Pacific
Mail l, North western u, Jersey Ceotrsl It,
Missouri Pacific Il, Michigan Central IL,
L~sckawsnns II, Canada Southern 1t and
Canada Pacific IL. Ga the other hand Den-
Yer, Illinois Cen raj aud Louisville and N ash
Vile were each a ~ffaotioo lower than last
night. The closing quotations were as fol-