Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-06-05

Bankers report moderate dem and and fair
supply, eos per cent. discount the ruling rate.
June 4th. ;....-.........s 175,6ls S. 1898 SO
Same week last year. 1OS,3IS 81 23,S2s Al
Exchange on New York buying at par,
selling at / premium. Eastern cotton bills
buying at / per cent. discount, selling at par;
and exchange on New Orleans ! discount
buying, and par selling.
Bank stocks-Bsnk of Commerce, 1856;
Firat National, 11S; German National, 2OO@
2l0; Manhattan, l60@170; State National,
125 bid; Union and Plsulers, 14O@lz23
Did.
Insurance stocksHome, 67(A70; Bluff
City, 100; Peoples, IS; Planters, lis; Phe
nix, 80; Memphis City, 100; fernando,
1921; Vanderbilt, 1905
Railroad bonds-Cnesapeake, Ohio and
Southwestern first mortgage, 95 asked; Mis-
sissippi and Tennessee, 45@50; Memphis and
Charleston first mortgage bonds, 7s, HOO
ia; do. second mortgage bonds, rs 1SS5),
102(9lO4; do. cousols, 1041l06; Memphis
| and Little Rock first mortgage bonds, So, 50
@l00; Mississippi and Tennessee consols,
A 1249l26; do. 3 l08@110.
Miscellaneous -Merchants' Storage and
| Compress Company, new Issue, 140 bid, 15C
asked-light offerings; Memphis das utoos
so; do bonds, 95@98; Memphis Water Com
pany, bands with accrued Interest, par; do
stock, 40 bid, $50 asked; Memphis City
bonds, old, 3O@S31; compromise bonds
| 65@6S; coupons from old hoods, SO; from
compromise bonds, 20; ledger balances, 80
| judgments on coupons and bondp, SO; pavins
Indebtedness 80; Shelby county (Memphil
and OGio rai!road) g., 989l00; warrantp, 0;
| Gl98; Mississippi levee bonds and coupons
District No. l, 10(011; do. scrip, l09l1
| Bank OF Tennessee noles, new issue 704(07l
Critleuden county ARK warrants, 70; De
sha county, 60; Mississippi county, 20.
| BY Telegraph.
New YORK, June 4.-Money, 24@3 pc
cent; closed offered 81 per cent. Prim
mercantile paper, 5@6 per cent. Sterling
exchange-5ankers' bills steady, 4S54; de
mand, 1854.
Bonds-Governmenta, strong generally la
per cent higher. Railroads irregular. Stat
securities very dull and fea' ureless.
Stocks-To-day's market has shown reac
tionary tendency from the advance OF las
week, which was due 10 the covering O
"shorp interest more than any other cause
the market is still almost entirely in III
hands CT professional Spectators and room
traders, and the short" interest is bein
elimipalsd; prices declined. There is as ye
very little support from the outside public
or from the class who buy for invesimen
The general prospect for the future of raj
way stocks has betn undoubtedly improve
by the probable settlement of labor trouble
at the West, and By improved crop prospect
The result of the days business was declin
of 10 II per cent. Union Pacific, Omshs
and Lsckawanna 1t each, Louisville en-
Nashville, 81. Paul and Central Pacific
per cent. each and the remainder market
to New Jersey Central closed Il an
Reading l per cent. higher. The folloEin
announcement was made from the rostrur
OF The Stock Exchanges:
40 the President of the New York Stock Exchang
"Notice ID hereby given that the ChIcagt
81. Paul, Minneapolis aud Omaha railroa
will issue, at its convenience, after thirt
days from date, an additional amount
capital stock, al the rate of $1,000 per mi
Of preferred stock, and $4,000 per mile
common stock, as suthorized by its article
of COT sDlidatioD, for the construction c
so 43-lU00 miles OF new railroad, namel
40 45.100 miles from the Superior branc
line in Wisconsin, and 10 miles of the Ba,
field line in Wisconsin, upon which line
consolidated bonds OF the company were n
Gently Issued and listed. The amount
preferred stock will be 5043 shares, amour
ing 10 S504, 800, and the common, 75t
shares, amoauting to 1856, AGO.
m. l.. SYKES, Weep est and Treas"
Closing quotations were az follows:
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