Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-05-15

Same day last week. 1870 20 IS, 4J9 50
Same week last year,. ll4,US4 ii 1926 OF
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-Bank of Commerce, 135;
First National, lis; German National, 200@
2l0; Manhattan, l60@170; State National,
125 bid; Union and Plsnters, 140@l423
bid.
Railroad bouds-Chesapeake, Ohio and
Southwestern fret mortgage, 95 asked; Mis-
sissippi and Tennessee, 45@50; Memphis and
Charleston first mortgage bonds, 7s, HOG
ia; do. second mortgage bonds, 7s (1SS5),
1029l04; do. console, 104@l06; Memphis
and Little Rock first mortgage bonds, Sc, 95
@100; Mississippi and Tennessee console,
A 124(9l26; do. B 10891l0.
Miscellaneous Merchants Storage and
Compress Company, new issue, 40 bid, $50
ssked-light offerings; Memphis Gas stock
so; do. bonds, 95@98; Memphis Water Com
pany, bonds with accrued interest, par; do.
stock, 40 bid, $50 asked; Memphis City
bonds, old, 30@3S1; compromise bonds,
65@68; coupons from old bonds, SO; from
compromise bolds, 20; ledger balances, So;
judgments on coupons and bonds, 3S; paving
Indebtedness, SO; Shelby county (Memphis
and Ohio railroad) g., 9S@l00; warrants, 95
@98; Mississippi levee bonds and couponE,
District No. l, 10@l1; do. scrip, l09l1 /;
Bank of Tennessee noteP, new issue 70397l |;
Critleuden county (Ark.) warrants, 20; De-
sha county, 60; Mississippi county, 20.
by Telegraph.
NEW YORK, May 14.-Money. 394 per
cent, closed offered per cent. Prime mer-
camille paper, 53@6 per cent. Sterling ex-
change-bankers' bills dull, 4S3; demand,
1864.
Bonds-GOvernmenis irregular; extended
5s Il higher, AIS, coupon, per cent lower,
and 44s, registered, and Is unchanged. Rail-
roads quiet and irregular. State securities
dull and festureless.
S.ocks-The market was weak, and showed
declining tendency all the forenoon on a
moderate volume of business. After 1890
o'clock the market became hrmer, and prices
advanced to on the general list and II
for Omaha preferred. Union Pacific was
the feature, hucLuating over wider range
| than other active stocks. In the last hour
| the market wac stronger, and several stocks
| advanced to the highest prices Of the day,
notably Louisville and Nashville, Lake
! Shore, Central Pacific, Lackawanna, st. Paul,
Union Pacific and Jersey Central. The
closing leaves the market Irregular
as compared to Saturday, some being higher
and s1me lower. The general tone
If the market at the close, however,
was stronger than Saturday. The Evening
Posi- says: "The manipulation of Union
| Pacific this afternoon was made apparent by
| the fact that the sale of 100 shares was re-
ported at 95 at the same instant 955 was
bid. 1t is presumed the seller at 90 was
in hopes of bringing out some stop order. at
that price, and thus breaking the market.
Under the rules of the Board these tactics fol-
depressing prices of stocks are prohibited,
and upon Investigation by the authorities
| the sale at 95 was cancelled. This Incident
served to show that The depression in Union
| Pscifc was artificial, and was caused by the
manipulation OF bears" Closing quotations
| GOVERNMENT