Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-06-03
FINANCE AND TRADE.
FINANUE.

4 -
Bankers report 8 moderate demand aud iail
supply, 6@8per cent. discount the ruling rate
June %. S1S "a 81 & SS % :
Total this week........ glg.Gsi 70 1861 o
lOLal last week ...... 9ly,4Ji 81 1872 263 l.
Same week last year. 56l,84l u iSS,78G p
EHcbsrgs 90 New York buying st par
selling at pr~mIGn. Eastern cotton bill.
buying At pc cent. discount, selling al par,
and exchange on New Osleans / discount
buying, and par selling.
Bank stocEs-Bsnk OF Commerce, I35;
First N8uoaai, us; Gsrmsn National, 2GOG,
2l0i tnaattaD, l609I7O; Siste National,
70 Did; Union and Planters, 140@142}
Insurance stocks-Home, 67Ca7O; Bluff
CITY, 100; Peoples, IS; Planlers, rs; Pie
NIX, 9Oi Memphis City, 100; fernando,
1921; Vsnderbilt, 13@15.
Railroad bonds-Chesapeake, Ohio and
southwestern frat mortgage, 95 asked; Mis-
sissippi and Tennessee, 45@5O; Memphis and
Charlestcn first mortgage bOnd1, Il, 1100
ia; do. second mortgage honds, Is Q8S5J,
lO2@l04; do. cousols, IO4GI06; Memphis
aud Lutte Rock fret mortgage bonds. s.. 95
| CLEO; Mississippi and Tennessee consolg.
A 124@I26; do. B I08a,11O.
Miseellaosou Merchants Storage and
Complies Company, new issue, 140 bid, $50
ssked-lIgLt offerings; Memphis Gas stocy.
so; do. bonds, 95998; Memphis Water Com.
pany, bonds with accrued ~interest, par: DO
stock, l40 bid, $50 asked; Memphis CITY
6oads, old, 30@334; compromiss bords,
6596S; coupons from old bonds, 80; from
eompnom &c hoDjs, 20; ledger balances, 80;
Judgments on coupons and boud7, SO; paving
indebtednes', SO; Shelby county (Mempbis
and OHIO Taiiroad) g., 98@I00; warrants, 95
OBS; Mississippi levee bonds and coupons,
District No. /, l09I1; do. scrip, 109lI;
Bank OF Tennessee uoteS, new Issue 70497I;
Critienden county (Ark) warrants, 20; De-
sha county, 90; Mississippi county, 20.
NEW YORK BANK STATEMENT.
NEW YoEK, June 2.-Loans, increase.
Sl,294,30O; specie, decrease, 1915 800; legal
tenders, incresse, s794,2O0; deposits, in.
crease sZ9S,6UO; circulation, fncrc1s-, 49,
800; reserve, decrease, sos, $50. The banks
now hole S9,07l, $50 in excess Of legal re-
quiremenls 5.
BY Telegraph.
NEW YORK, June 2.-Money, 2}63 per
cent; clos-d at 2a2i per cent. Prime mer-
camille paper, sac per cent. Sterling ex
cHange-oankers' bli.a steady, 5S54; de
Bouds-Go Government generally unchanged.
Railroads strong en- a moderate AMOUNT Of
business. State securitiss dull.
Stocks-Speculslion on he Stock Exchange
has been duh and somewhat irregular, bat
10 the main strong. The market opened la
"a higher tbsn il closed yesterday, snd
Immediately alter opening there gas a fur
ther advance Of 81, led ny C-Dada Syuth.
ern. This was followed by a reaction ex-
lending 10 /. Alter this the market again
became strong, and shortly sitter midday
E corded an advance Of l@ts, in which
Jsrsey Contra, Reading, Erie and
Richmond and Danvills were the leading
features. 10 the early part Of he afternoon
The list rece1ed a fraction, but sgsiu became
strong, and during the next hour aud a ha..
up 4Hl3, coal shares, Union P4C.is and
Omahd being Tie mDst prominent in Tue up
ward movement, Prices here reached we're
the highest for some time past. In late
Iride specialtie5 secame less active, and
prices dropped of a frac ion, but most OF
his reaction wss recovered ia final deal
lngs. The market closed irregular but firm, Y
With an advance on the days transactions of
t@2. Cool sHares sctive, and VauderbilPs
most conspicuous. Closing quotations: