Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-04-08
FINANCE AND TRADE.
FINANCE.

The money market is quiet, Gas per cent.
discount being the ruling rate. The demand is
moderate.
Clearings Balances
April eth .....-..;.........s l20$ls u sGs7l I6
Total this week.......... I, 252 o9a 4 279,2u 81
Total last week I,l32,9 sos IS Z2l27 60
Same week last year. g35sO2 SO 1880 20
Exchange on New York buying at par selling
at u premium. Eastern cotton bills buying at x
per cent. discount, selling at par and exchange
en- New Orleans 4 discount buying, and par
Bank stoeks-Bank of Commerce. 1875: First Ma
tionAl, liOgl15; German National 2OOa21O; Man.
haitian, l609l7oi State National, l2O9l25; Union
and Planters 40 bid.
Insurance stocks-Home, 67e70; Bluff City, 100;
phis City, 100; fernando. IO2% Vanderbilt, I39I5.
Railroad bOnds-Chesapeake, Ohio and South
western first mortgage, IS asked Mississippi and
Tennessee. $3.50; Memphis and Charleston first
mortgsse bonds g, 11oslli; do. second mortgage
Memphis and Little Rock first mortgage bonds,
IS, 959iO0; Mississippi and Tennessee cOusOls, A,
l2igl26; do, B. 1889 ITO.
Observation-Disclosures Storage and Com
press Company, new issue, par asked Memphis
Gas stock, so; do. bonds. 9599S; Memphis Water
Company, bonds with accrued interest par; do
stock 1870; Memphis city bonds, old, 3093S1z, com.
promise bonds, 65 q6s; coupons irom;old bonds 80;
from compromise bonds, 20; ledger balances, 80;
JUDGMENTS on coupons and bonds, g.; paving in
debtedness, 80; Shelby county Memphis and Ohio
railroadl Is, 9SglGOi warrants, 95g9s Mississippi
levee bonds and coupons, Iistrict No l. IOali;
do. scrip, lOgll; Bank Of Tennessee notes, new
issue, 60 60; Crttenden county (Arkl warrants,
20; DeshA county 60; Mississippi county, 70.
NEW YORK BANK sTATEMEsT
NEW YORK, April 7.-LOans, increase,
81 900 300 specie. increase 81 533 600; legal ten
ders decrease sS13,l00; deposits increase, ST. O36,
DO; circulation, decrease, S42 500; reserve, in
crease, s3J6,45O. The banks now hold So 70l, 600
less than legal requirements
BY Telegraph.
NEW YORK, April Mooney, 3 to 6 per
cent, closed offered per cent. Prime mercan-
tile paper, 51zg6 per cent Sterling exchange
bankerS' bills quiet but steady, 453 demand 4851<
Bonds-Governments strong, AIS, q per cent
4s' u higher; IS, u lower; and extended IS un-
changed Railroads firm. State securities with
out feature, except Tennessee compromise, which
advanced to ~.
Stocks-Share speculation opened Irregular bu'
in the main heavy, with prices "A TO a per cent
below Fridays close. Alter q further fractional
decline in ea'ly dealings the market became strong
on moderate volume OF business, and shortly be-
fore noon an advance Of ~ per cent. was recorded
in st. Paul, Minnesota and Manitoba, and a to IL
per cent. IN the remainder of the list, Union Pa
cihe and Southwestern being prominent in the
reaction OF e to n per cent, after which
the market again became strong and sold
up almost steadily 70 The close an advance of 25E
per cent taking place IN Richmond aud West
Point, in Richmond and DanYille, "a in ColOra-
do Coal, II in Oregon Navigation and Pacific Mail,
and y to u in the remainder Of the list; the lat
ter Wabash preferred and Northwestern. The
market closed strong at an advance on the days
transactions Of To ~. Richmond aud West
Point Colorado Coal and Southwestern being most
prominent. Closing quotations as follows: