Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-08-09

Exchange on New York buying al par,
selling at premium. Eastern cotton bills
buying at per cent. discount, selling at par;
and exchange on New Orleans discouu'
buying, aud par selling.
Bank 4nk Of Commerce, 135 bid,
40 asked; First National, 118; German Ma
tional, 200; Manhattan, l609l70; State Ma
tional, 128 Did, 100 asked Union and Plant
era, las bid.
Insurance stocks-Hone, 80 offered; Bluff
City, 100; People,, IS; Pianlers, Ito; Pbe-
nix, 80; Memphis City, l00Gl03; fernando,
1059l10; Vanderbilt, l39l5.
Railroad bonds-Cnesapeske, Ohio and
Southwestern FRS. mortgage, 50 asked; Mis-
sissippi and Tennessee, so; Memphis and
Charleston fret mortgage bond, 7s, ia;
do. second mortgage bouds, Is (I835). lO3;
do. c~onsols, 104; Memphis and Little Rock
fret mortgage bonds, So, 50; Mississippi and
Tennessee c~onsols, A 1913; do. B 1903.
Miscellaneous - TAxing-D District compro-
mise bonds, "a; Merchants Storage and
Compress Company, new ISSUE, 1856; Mem
phis Gas stock, SI@53; do. bonds, 100;
Memphis Water Company, bonds with
accrued interest, par; do. stock, 100 bid;
promise bond-, 7097l; coupons from
old bonds, "a; from compromise bonds, 20;
ledger balances, "a; judgments on coupons
and bonds, "a; paving indebtedness, "a; Shell
by county (Memphis and OHIO railroAd) u,
100; warranis, 50; Mississippi levee bonds
and coupons, District No. l, 10; do. scrip,
10; Bank of Tennessee notes, new issus, IS;
Cr~ltiendsn county lArk.) warrants, 65970;
Dssha county, so; Mississippi county ,60@70.
By Telegraph.
New YORK. August 8-MoueY, 2924 per
cent, closed offered 2! per cent. Prime msr-
camille psp.r, 4l16 per cent. Sterling ex-
change-banksrs' bills steady, 4S3lj demand,
4S7t.
Bonds-Governments higher for 81, 4s and
AIS. Railways generally lower for Northern
Pacific 6rs's, East Tennessee incomes aud
Texss Pacific; Rio Gfsnde Fl SITS lower. Stale
securities dull.
S:ocks-The market was generally unfs-
yorable and weak during the forenoon.
After 1890 O'Clock the market was quiet
until a little after | o'clock, when there was
a raid on Northern PAc. fc, 10 which Oregon
and Transcontinental was broken down froA
Is 10 70 in a few minutes on what we're said
to be stop orders for 5000 shares, though
there is reason for believing that this was net
true, and that it was onlv a precoucerted
raid. AT the same time Northern Pacific
declined from 475 10 463 for common, and
from S7a to So Tor preferred, and Otegon
Railway and Navigation from l33 10 $50.
Texas and Pc &c also declined in The same
tlulS lIOm Of " ~. emu hiuSd5 anu Xxx {
from 26 to 2j5- DURING this time the de-
cline in the rest of the market was only
from TO Among spsoialtiss also Alton
and Terre HAu,e declined from go to 56,
making q decline of 7 per cent. up till 2
O'clock. Just before 2 DEL EEK Oregon and
TrAnscontinentsl recovered 2 per cent. to II,
and The general market outside this stock
recovered to I In the lat hour The mar
ket was at FIRST steady a. the recovery noted
- . a. H. $3.50 G,N4
weakness, prices declining in the last bali
hour TO psr cent, the latter for O,egon
and Iranscootineptal flom 725 to 7l4,
with 1 on Te4is and Pacif: to 294,
on Northern Pael6c common 10 46s, ard
to ! ON yhs remainder OF the market. The
Board Of Dir, cLors Of the Oregon lm prove
meut Company declared a se~mi-lnnui al divi-
dend OF 4 pr cent, payable S~eptemb-r 15ih.
The Egening POst s4ysi There is evidently
more than the usual amount OF lying being
done in the stock market. A story which
has been fresly circulated and which was re-
iterated at some Of the clubs last nigh, wa,
that a certain com pany had been recently
borrowers of from $4,000 600 TO 100000
in the way Of starting loans for Use in sus-
tanning certain stocks on the market. Tolls
is not only positively deuied By the bankers
through whom ibe loans are said TO have
been negotiated, but there has been no eY.-
dencs Of any such trapsactions in the ex
change markets. The sharp and importan,
break in Oregon and TranscontiHental just
after | CLOCK to-day YVES reported 10 be in
consequence of n stop order on 5000 shares,
which is not believed by any body, the gene
raj understanding being that the break in
that ADD other Northern P&cifcs was the re-
suit OF a preconcerted b.sr raid. Aside
from the above lh4re were also iumors OF a
bank failure aud various othet d!squieling
reports Of yesterday, the majority OF which
are denied 10 day. Closing Quotations were
as follow: