Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-10-26
FINANCE.

Exchange on New 1OfK DuylnS Ut us
count, selling at par. Eastern cotton bills
buying at per cent. discount, selling at
par; and exchange on New Orleans dis
count buying, and par selling.
Bank Stocks-Bank of Commerce, E5
bid; First National, 11S bid; German
National, 200 bid; Manhattan, 100 bid;
State National, 127 bid; Union and Plan
tiers, l45 bid.
Insurance stocks-Home, ~ bid; Bluff
City, 9S bid; Peoples, 5000; Planters,
10 bid; Phoenix, 90993; Memphis City
l05@9ll0; Vanderbilt, 23@25.
Railroad Bonds-Memphis City Rail-
road bonds, 99G9l004; Chesapeake, Ohio
and Southwestern first mortgage, % asked;
Mississippi and Tennessee, 80; Mem
phis and Charleston first mortgage
bonds, rs, 10; do. second mortgage bonds,
Is QSS5l, 100; do. ~consols, l04; Memphis
and Little Rock first mortgage bonds; SIS,
95GGl00; Mississippi and Tennessee con-
soils, \ l20@I2I; do. b l04Ol0S.
Observation-Disclosures District compro-
mise bonds, "a; Merchants Storage and
Compress Company, new issue, 135; Mem
phis Gas stock, 80; do. bonds, 100;
Memphis Water Company, bonds with ac-
crued interest, par do. stock, 100 bid I;
| Memphis City bonds, old, 81; compromise
bonds, 20; coupons from old bonds, 81;
from compromise bonds, 20; ledger bal
ances, 80; judgments on coupons and
bonds, 81; paving Indebtedness, 81; Shell
by county Memphis and Ohio railroad)
Us, g1G100; warrants, 80; Mississippi
levee bonds and coupons, District No. l,
10; do. scrip, 10; Bank OF Tennessee notes,
new issue, So; Crittenden county ARK
warrants, 65; Desha county, 60; Missis-
sippi county, go.
Ry Telegraph.
NEW YoRK, October 25.-Money market
easy at 5 per cent, closing at , per cent,
Prime mercantile paper, 6(17 per cent
Sterling exchange-bankers' bills steady.
4Sl demand, Ash.
Bonds-Governments firm. Railways
strong. State securities quiet.
Stocks-The market to-day was strong,
and, although prices declined in the last
hour from realization of profits, there was
A gain, not only in prices, but confidence.
To-day, for the first time in many months,
here were foreign buying orders OF con
SIDERABLE extent on the market, though
maA were at figures somewhat below the
low of the day, showing that foreign
buye.s expect n partial reaction, but are
disposed to invest at a moderate decline
from the average OF the day. The market
opened with n whirl, and dealings were
attended with great excitement. The
bears in Nanderbilts made special effort.
to cover on the report that Vanderbilt hae
ordered the calling in of all his Loaned
stock. The early rise in prices ranged
from J to q pen cent, Illinois Contra
leading and selling up from l29'
to lJ2. Subsequently there was {
reaction Of 10 Ii, the latter in Oregon
Navigation, which fell oil from llS& t.
I2. Near l o'clock speculation became
buoyant again, and many shares reached
the highest point made since the presen
bull movement began. In the afternoon
there we're sales to realize profits, and
reaction oi 70 s per cent. took place, tn
latter In Michigan Central. This declin,
was accelerated by heavy selling Tor shor
account, one operator at ! o'clock pe'nt
accredited with pulling out of the hne q
shorts of over $4,000 shares. The room
traders followed In his wake, and also sol,
freely. In final transactions there was
rally Of I to I per cent, the latter in West
ern Union, which sold up to 79s, \
compared with last night, the closin
prices are | to per cent. lower for Union
Pacifcs, Canada Southern, Central Pacific
Chicago, Burlington and Quincy, North
western, Lackawanna, Denver, louisvill
and Nashville, Missouri Pacific, Kan
sas and Texas, Jersey Central, Man
itoba and Omaha, and to >
per cent. higher for Oregon Nav
CATION, Oregon Transcontinental, Wesl
ern Union, Texas Pacific, 0mah
preferred, Lake Shore, st. Paul and Can
adian Pacific. New York Central is un
changed. In the specialties Alton Ill,
Terre Haute rose per cent, TO 81; Amer
lean Cable Il, to 6S3; Cleveland, Colun,
bus, Cincinnati and Indianapolis l, to IS
Lake Erie and Western l, TO Isl Louis
vile, New Albany and Chicago IL
Minneapolis and st. Louis J, 81; Min
neapolis preferred l, to II; Milwaukee
Lake Shore and Western preferred 1, {
40; New York and New England p,
%; Pullman Palace !, to l2s; San Fran
cisco, =, to 26; preferred ., to AZ; Ne'
York, Susquehanna and Western prefer
red, !, TO lis; and Bankers and Merchant
! Telegraph !, to 1854. Chicago, St. Lou
: and Pittsburg preferred, after advancin
p per cent. 10 37a, reacted to 81. Railwa
! earnings for the third week in October
Northern Pacific, $500, 700, en- increase
: Sl06, 500; Canadian Pacific, $4,000, en- il
: crease OF $500; Hannibal and st. JOSEPH
y SIS. 200, an increase OF $4,000, Closin
D quotations were as follows