Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-02-17

Exchange on New York buying at ! dis
count, selling at prenium. Eastern cotton
bills buying | per cent. discount, selling at
par; and exchange on New Orleans dis
count buying, and par selling.
Bank stocks-Bsnk OF Commerce, 1876;
First National, 102HIl0; German National
20O@g2I0; Manhattan, 1609l70; State Ma
tiouaI, 1229125; Union asd Planters, 135
Railroad stocks-Chesapeake, Ohio aud
Southwestern first mortgage, par; Mississippi
and Tennessee so 165; Memphis and Charles
ton frat mortgage bonds, "a, 1l2@l16; do.
second mortgage bond, 7s( 1855 l02C9l0S; do.
console, 107@l09; Memphis and Little Rock
6rst mortgage bonds, "a, 100; Mississippi and
Tennessee consols, A, 126; do. 2, ITO.
Observation-Disclosures Storage and
Compress Company, new issue, 100; Mem
phis q as stock, 80; do. bouds, 97(9l00; Mem
phis Water Company, bonds with accrued 10
terest, par; stock, 1870; Memphis city bonds,
cid, 80; compromise bonds, SIS; coupons from
old bonds, 30; from compromise bonds, so;
ledger balances, %; judgments on coupons
and bonds, 30; paving Indebtedness, %;
Shelby county memphis and Ohio railrosd)
g., 90; warrants, 98@100 bid-none on the
market; Mississippi levee bonds and coupons,
District No !, l19124; do. scrip, 12(9l23;
Bank Of Tennessee notes, new issue, 80;
Urittenden county (Ark.) warrants, 20; do.
n--i---EnnnlY, 81; do. Mississippi county, 80
BY Telegraph.
NEW YORK, February 16.-Money, 3@4
per cani-,-slss@i
mercantile paper, 596 per cent. Sterling
exchange-banksFS bills heavy, 4S3; de-
mand, 486. ----
B Jnds-Governments weak and per cent.
lower for Is and ] lower for Ais registered,
bat unchanged for 81, IS and AIS coupon.
Railroad bonds irregular. State securities
dull and neglected.
Stocks-Ihe "besrs" opened the market
at a decline from prices at yesterdays close
oil s(9lS per cent, the latter Illinois Gen.
trail The market continued weak during
the early trade, and further decline, rang
ing from / TO II per cent, took place, in
which Michigan Central and Wabash were
prominent, while Ontario Mining dropped
psr cent. 10 20. About IL O'Clock there was
a partial recovery Of the list, led by Michi-
gan Central, and Denver and Rio Grande,
advancing TO the extent of 1 per cent; but
the market subsequently became dull and
weak, and about midday recorded q decline
OF i per cent. in Reading, l I in Peoria, De-
catur and Evansville, 4 in ST. Paul, Min
neapolis and Manitoba, and 4@l per cent.
in the remainder Of the list; the latter
Wabash preferred. From then till about 2
O'Clock speculation was very dull, but
the result Of business during that
time showed an advance of s@3 per
cent the latter Western Union and
Reading. st. Paul, Minneapolis and Mani
ioba, however, was a notable exception, and
dropped 10 1855 from 1874. During the last
hour the market showed more activity than
at fret. A selling movement carried prices
of al per cent, after which the tone of the
market became strong, and prices sold up
s91 per cent 10 the close; Denver and Rio
Grande, Rock Island, ana Louisville and
Nashville leading the upward movement.
Compared with yesterday final sales, the
market is irregular, but in the main 5@2
per cent. lower, the latter ST. Paul, Mime
apolis and Manitoba. Denver and Rio
Grande, however, is Il aud Union Pacific
per cent. higher. Closing quotations were as
folIoWa.