Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-01-19

January 18th. - :-....s25s,l25 So 29,S1s IS
Thus far this week.. 965, 1886 IL 1924 30
same time last week.. $3.50 Is 220s0l 81
Same week last Year,. 5S0.4s1 80 1876 9sl 60
Exchange on New York buying at t dis
count, ssllIug at par. Eastern cotton bills
buying 4 per cent. discount, selling at par;
and exchange on New Orleans / discount
buying, and par selling.
Bank stocks-Bauk of Commerce. l35.
Fret National, 102 Clio; German National
20092l0; Manhattan, 160@170; State Ma
tional, 122(9l25; Union and Planters, 1874
Railroad stocks-Mississippi and Tennes.
see, Goa s.; Mobile and Ohio, 27(928; Mem
phis and Charleston first mortgage bonds, 7s,
lI2(9116; do. second mortgage bouds, 7s
1885), 102G9106; do. consols, 1l2; Memphis
and Little Rock first mortgage bonds, 81, 100
@110; Mississippi aud Tennessee consols, A,
IVA; do. 3, 1l0@l13.
cellaneous-Merchants' Storage and
Compress Company, loo; Memphis Gas
stock, 1890; do. bonds, $1,000; Memphis
Water Company, bonds with accrued inter
est, par; stock, 100; Memphis city bonds.
old, 30; compromise bonds, So; coHpons from
old bonds, 80; from compromise bonds, so;
ledger balances, %; judgments on coupons
and bonds, 80; paving indebtedness, 25;
Shelby County memphis and Ohio rsilrosd)
g., So; warrants, 989100 bid-none on the
market; Mississippi levee bonds and coupons,
District No. l, 1l@I24; do. scrip, 12(9I24;
Bank Of Tennessee noies, new issue, 35(d45;
Criltenden county (Ark.) warrants, 20; do.
Dssha county, 81; do. Mississippi county, 80
PARIS, January 1S.-Rentes, 74f. 1Oc.
NEW ORLEANS, January 1S.-Sight ex-
change on New York, Sl9I so per $1,000
premium. Sterling xchsnge-b4nkers' bills,
4S21.
LONDON, January IS.-Consols, 1OI I6;
account, l0I 1916; 44s, l154; Illinois Cen.
trail, 493; Pennsylvanis Central, 62a; New
York Central, 1928; Erie, ~; Reading, 295.
NEW York, January 1S.-Money, 3g4
per cent. Prime mercantile paper, l16t per
cent. Sterling exchange bankers bills
steady, 4S24; demand 1861. Government
bonds generally ST. ong; extended 5s notably
so. Railroad bonds active and generally
higher State securities frm. The stock
market opened active and stronger, and up
TO IL o'clock there was an advance on almost
everything in the lis, ranging from I 10 l
per cent. The leading stocks IN the advance
were Oregon TraDscontinental, Northern Pa
cifc, Wabash, Western Union, and Mil
wsukee and St. Paul; the remainder
| OF the list beng strong, but without any i'm
portsnce in the advance in prices. But
little after IL o'clock Union Psci6c sudden
| ly declined from l0is TO 1904, causing a
temporary reaction in the whole market,
and larger part OF the early advance was
lost. At 1880 o'clock The general range
of prices was still fraction above closing
prices last night, hence until o'clock the
market was less active than during the fore
noon and somewhat fevsrisb, and the net re.
suit OF the hour -a-half business was a
fractional decline. During the last hour Of
business the stock market was dull and
prices declined fraction. AS compared
with last night the range Of prices is irregu-
lar, some stocks being fraction higher and
some fraction lower; jersey Central being
exceptional and II lower. Inquiry among
commission houses having, branches in other
cities shows there has been an increase OF
buying orders for stocks from Chicago and
other cities in the last two days. The
reported decrease in earnings of the
Union Pacific for the past two weeks
as compared with the same time in
1882 is attributed to the snow blockades.
Heavy SHOWS have had the same effect upon
many other roads in the Northwest the last
two weeks. The Post says: 1.-The statement
made yesterday in regard to the sale of Ia,
600 shares OF Denver and Rio Grande for for
eign account came from such a respectable
source that we accepted it correct, but on
further investigation to-day We are convinced
the amount was oyerestimated." Closing
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