Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-10-12


cent. discount.
October 1ith :a"-~s2 s9 ,199 g sS3.asl 90 g
linus Jar this weekr"""" SyV'.ss ~ ist'g5 az ~
Same week last year.. 55S,5gI 81 l26,TS 81
Exchange on New York buying at I dis
count, sslling at par. Eastern cotton bills
buying at per Cent. discount, selling at
par; and exchange on New Orleans I dis
count buying, and par selling.
Bank Stocks-Bank of Commerce, 1876
bid; First National, lis bid; German
National, 200 bid; Manhattan, 160 bid;
State National, III bid; Union and Plan
tiers, l45 bid.
Insurance stocks-Home, ~ bid; Bluff
City, 9S bid; Peoples, 5000; Planters,
Ito bid; PbGniy, 90Q93: Memphis City,
l05@ll0; Vanderbilt, 23tG2a.
Railroad Bonds-Memphis City Rail-
road bonds, 99a1001; Chesapeake, Ohio
and Southwestern first mortgage, 90 asked I;
Mississippi and Tennessee, so; Mem
phis and Charleston first mortgage
bonds, -, IlG; DC. second mortgage bonds,
rs (lSs5), 100; do. conSofs, 104; Memphis
and Little Rock first mortgage bonds; SIS,
05@l00; Mississippi end Tennessee con-
sols, A l20@124; do T1049l0S.
Miscellaneous fns-pistrict compro,,
mise bonds, "a AaIerchants' Storage anu
compress Company, new issue, 1856; Mem
phis Gas stock, 50; do. bonds, 100;
Memphis Water Company, bonds with ac-
crued interest, par do. stock, 1870 bid
Memphis City bonds, old, "a; compromise
bonds, 20; coupons from old bonds, "a
from compromise bonds, 20; ledger bal
ances, 50; judgments on coupons and
bonds, 81; paving Indebtedness, "a; Shell.
by county memphis and Ohio railroad
is, 9I@l00; warrants, IS; Mississippi
levee bonds and coupons District No. l,
10; do. scrip, 10; Bank of Tennessee notes
new issue, 65; Crittenden county ARK,
warrants, IS; Desha county, 90; Missis
! sippi county, 60.
Ky Telegraph.
NEW YQRK, October 1l.-Money, 2@2!
! per cent, closed offered . per cent
Prime mercantile paper, 6G7 per cent
Sterling eXchange-bankers' bills steady
4sl} demand, 4S4l.
RQnds-Governments lower at the sec
ond call, but closed strong at the bes
figures of the day; SIS sold at l00(. In
railway mortgages the trading was princi
pally in West Shore and Buffalo firsts anC
Texas Pacific seconds; the former, aftel
advancing to 20, reacted TO IA, and closec
at 773 room traders were the chief traders
and foreign bankers the principal buyers
Transactions in West Shore firsts aggre
gated Sa4S,000; Texas Pacific income
t~iuctuatad between 493 and 500, and wer,
dealt TO the extent OF Sl0S,000. In Stat
bonds, Tennessee compromise declined L
39f.
Stocks-The market was weak through
out the greater part OF the day. At tn
opening there was a bear demonstration
against Southwestern, on the statemen
that holders of Texas Pacific incomes ha
employed counsel to assert their right
under these bonds. Texas Pacific natu
rally was the greatest sufferer. After thi
decline the market continued weak, Will
unimportant rallies at intervals, until
o'clock pm, when there was fair buyini
and prices hardened. The Willard:
Union Pacific, Reading and Jersey Cer
trail were all in good demand, and an ad
vance OF to IL per cent. took plac,
Shortly before the close Denver, Trans
continental, TEXAS Pacific and Kansas an
Texas were heavy, the first named sellin,
down to 24!, the lowest point touched
Oregon Tra~nscontinental fell off to 49l
Texas Pacific TO 2lk and Kansas and Texa
to p. The remainder of the list wa
firm, and generally at or near the best c
the day. The short interest is large an,
deliveries are attended with difficult,
Many stocks command a premium for use
Out of town owpets Instructed agents nc
TO lend shares. Among the reports curren
was one winch gained credence to tn
effect that large blocks of Wabash Paci6
and Kansas and Texas had been tram
ferred into Gould's name. The change
In the speclalties are moro important tina
for a long time. Long Island dropped {
. 6S3 on offerings of about 100 shares. N
support was given the stock, which close
at 659, the last previously reported sal
before TODAY. 1ouisviIle Nav Alhan
! and Chicago fell off lSA points, to 81.
Richmond and Danville sold down froi
55 to So regular, and 90, seller sixty, closin