Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-06-01
FINANCE AND TRADE.
FINANCE.

Exchange on New York buying at par,
selling at premium. Eastern cotton bilis
buying at per cent discount, selling at par;
aud exchange on New Orleans discount
buying, and par ceiling.
Bank stocks-Bank Of Commerce, 1875;
First National, 118; German National, 1000
2l0; Manhattan l609l70; State National,
rs bid; Union and Planters, 140@l423
bid.
Insurance stocks-Houe, 67Ga7O; Buff
City, 100; Peoples, IS; P.an,ers, lis; Poe
NIX, 80; Memphis City, 100; fernando,
1921; Vanderbilt, 13(9l5.
Railroad axe, Ohio and
Southwestern fret mortgage, 95 asked; Mis-
sissippi and Tennessee, 45G15O; Memphis and
Charleston first mortgage bonds, 7s, HOO
ia; do. second mortgage bondP, 7s (loS5),
l029l04; do. console, 104@106; Memphis
ADD Little Rock FIRST mortgage bonds, 81, 90
(9100; Mississippi and Tennessee console,
A 124(9126; do. Z 103@110.
Miscellaneous -Merchants' Storage and
Compress Company, new issuS, $40 bid, $50
ssked-light ofierinZs; Memphis Gas stock,
so; do. bonds, 95@98; Memphis Water Com
pauy, bends with accrued interest, par; do
stock, 140 bid, $50 asked; Memphis City
bondP, old, 30@333; compromise bonds,
65968; coupons from old bonds, SO; from
compromise bonds 20; ledger balances, 80;
judgments on coupons and bonds, 80; paving
Indebtedness, SO; Shelby county (Memphis
and Ohio Tailroad) g., 9S(9l00; warrant, 95
(ay9S; Missi rippi levee bonds and coupons,
District No. /, 10@l1; DO. scrip, 10@l1;
Bank of Tennessee noteF, new issue 703(97l
Critienden county Dark. } warrant, 20; De-
sha county, 90; MissI-sippI county, 10.
by Telegraph.
New YORK, May 3l.-Money, PIC - psr
cent, closiog at 2 par cent. Prime uef-
Camille paper, 5954 per cent. Sterling ex-
chat ge--bankers' bills strong, 1854; demand,
1885,.
Bonds Governments unchanged. Rul-
roads higher on a moderate volume OF busi-
ness. State securities neg cled, except Ten.
nessees, which are higher.
Slocks-The market to-day WAS in general
dull, but strong The net result of the days
business was an advance of / to / 1, namely,
Csnada Southern Ii, Michigan Central IL,
Jersey Central II, Union Pacific l, Wabash
preferred z, San Francisco |, Northwestern !,
Central Pacific Z, snd the rest of the list TO
E. the msrket closing strong. Union Pacific
was higher, owiog 10 The declaration of the
usual quarterly dividend of II per cent, and
the repor. that Blake Bros. had negotiated
81 100000 new collateral trust bonds. The
advance jim 81. Louis and San Francisco is
due 10 reports that the company contemplates
paying dividends on preferred stocks after
July. Manitoba also was an exceptional
feature, being 81 lower in the forenoon than
at The close Tuesday, the decline being
mainly on sccount of the decrease in earnings
and the probs bility OF a rate war with
the Canada Pacific for Winnipeg business.
Closing quotations were as follows:
Governments.
U. s. IS, lO87s Is, llsH.
IS extended, 1925. Pacific Is OF 1895, l27.
AS, 1874
c. p Brsts, 14sS I. P. land grants. g..
Erie seconds, 9S 7. P. Rio G. div. S2H
LehIgh &Wikes ~ U. P. frsts, 14s5.
Louisiana conscls, 645z. U. p. lEnd grants, "a.
Missouri Is, ia U. p. sink fund, ll6.
81. Joseph, lO9 Virginia 6s, IS.
St p 4 5. q frsts, i214 Va. con-, ex-m, 35H.
Tenn. 6s, old, i0l4. Va consols pfd, 9H-
STOCKS
Adams Express, 12S Missouri Pacific, 2S.
Allegheny Central, 1914 Mobile u Ohio, l414.
Alton d Terre H., T217. Morris q Essex. lbs.
A. d I. II. pfd, 80. Nash. d Chat, 81.
American Express, 80. n. J. Central, 1875.
B.. O. K & N, 81. = N. q W. pfd, 400.
Canada Sou them, 65. Northern Pacific, 1875.
G., ST. L. & p, Is. North'n Pacific pfd, sos
G. St. L. d p. pfd., IS. Northwestern, 100.
Central Pacific, 751S Northwestern, pfd, 49,.
CnesapeakeGOhiO, 1871. New York Central, 2lss
O. & o., LIST pfd, %. Ohio Central, 1054.
c. & o. ID pfd, PIN Ohio & Mississippi. 321z.
Chicago d Alton, 1888. OHIO d Miss. pfd, los.
O Il A. pfc, 14O Ontario q Western 251z.
IT,, B. q O., as. Oregon Trans. SZ54.
On, ST. L 4 n. o., so. Pacific Mail, Il.
c., San. q c., 35. Panama, 90.
C. & c., 60. P, D, q Z. 1873.
Del. d Hud., 1O7. Pit,sburg, 1873
Del. n Lack, 2SI. Pullman Pal. Oar. 2615.
Denver Bio g., 1879 Reading, So
Erie, 50. Rock Island, 22L
Erie pld, IS. St. L. d 5. f., SlH.
East Tennessee, O. 8. l.. d s. f. pfd. 515S
East Tenn. pid, 1879. St. L. & s; 7. LIST pid, 80.
Fort Wayne, $50. st. Paul, 15s
"Hanni6aI 4 ST. Joe, ~. 81. Paul fd. 1s1S.
II. n st. ]. pfd, "a. ct. p, N. d NJ, l654.
Harlem, 1876. 81. Paul d Omaha, Az.
Houston & Texas, 69% st. Paul & o. pfd, 80.
Illinois Central, 143 Texas Pacific. 35Hs.
L.. p w, 27S4 Union Pacific, 1873.
Kansas lexis, 2sx. U. 5. Express, 81.
Lake Shore & West, n. w. st, L. & P, 26ss.
Lake Shore, los. w. st. l.. d z. pfd, Az.
Louisville l. Nash, 4s5z. Wells d Fargos Ex.. 1874
81, N. A & Chi, 81 Western Union, S2H.
Mar & Gin. LIST pfd, 10. Homestake, Is.
Mar. & Gin. ID pfd, 5. Ontario rs.
Mem, & Charleston, Il. Quicksilver, IL.
Michigan Central, 9Ssz. Quicksilver pfd, Sc.
Mimi ~ st. L., 2512. South Pacific,
MINI. & st. L. pfd 53% Sutro, 13l.
asked. tEx-diy.
Transactions aggregated 10000 shares, as
follows:
5000 Central Pacific, 1900 Lackawanna,
| 6,oo0 Louisville &Nash., 5000 Northwestern,
| I2,C00 N. ]. Central 1900 st. Paul,
1900 Union Pacific, 5000 Wabash Pacific,
5000 St. Paul, Minneapolis ana Manitoba.
New ORLEANS, May 31.-Sight exchange
on New York firm, 81 so per $1,000 pre-
MUM. Sterling MISUNDERSTANDING bill,
1851.
LONDON, May 31.-Illinois Central, 46}
New York Central, 24a; Erie, 35s; Read
ing, 274.
PARIS, May 31.-Rentes SOf, 124c.
o--@-@-=.-..@