Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-06-07

Exchange on New York buying at par,
s-lliDg at premium. Eastern cotton bills
buying at per cent. discount, selling at par;
sad exchange en- New Orleans / discount
buying, and par selling.
Bank stocks-Bank Of Commerce, 135;
First National, 118; German National, 2O09
30; Msnhattan, I609l70; State National,
125 bid; Union and Planters, l45 bid.
Insurance ~stocks-Home, 67(470; Bluff
CITY, 100; Peoples, IS; Planters, lis; Pho
NIX, 80; Memphis City, 100; fernando,
1921; Vanderbilt, 13@I5.
Railroad bonds-Chesspesks, Ohio and
Southwestern fret mortgage, 95 asked; Mis-
,i,siPpi and Tennessee, 5000; Memphis and
Charleston first mortgage bonds, 7s, HOO
IA; do. second mortgage bondp, Is 1855,
IO24104; do. consclp, 1049106; Memphis
aud Little Rock first mortgage bonds, Sc, 95
@l00; Mississippi and Tennessee c~onsOls,
4 124@I26; do. 3 l0891l0.
Miscellsn -Merchants' Storage and
Compress Company, new issue, 140 bid, $50
s-ked-ligb' offerings; Memphis Gas stock,
50; do. bonds, 95@93; Memphis Water Com
panv. bonds with accrued interest, par; do.
stock, 40 bid, 80 asked; Memphis City
bonds, old, 30@S3li compromise bonds,
G5(96S: coupous from old bonds, 80; from
compromise bonds, 20; ledger balances, 80;
Judgments on coupons snd bonds, 80; paving
Indebtedness, SO; Shelby county (Memphis
and Ohio raiiroad) g., 98Gl00; warrants, 50
@98; Mississippi leYee bonds and coupons,
D.stricLN s-1 04l -Acrip. -1Q9l1;
Bank of Tennessee notep, new issue 704@7I;
Ceitenden county (Ark.) warrants, 70; De-
sha county, 90; Mississippi county, 20.
By Telegraph.
NEW York, June 6.-Money, 2I@3 per
cent; closed, 2@23 per cent. Prime mercan-
tile paper, 5G6 per cent. Sterling exchange
-5ankers' bills quiet but Grmer, 1855; de-
mand, 4S9.
Bonds-G Governments per cent. lower for
| 81, UNCHANGED Otherwise. Railroads strong
on moderate volume Of business. State Sc
~curities neglected.
Stocks-The market was generally stronger
| this forenoon, and the net result OF the fore
| Moons business was an advance Of 3@1s
| Ter cent, the latter for Burlington and
| Quincy. After 1890 o'clock the market was
generally stronger, and up to l o'clock there
" Is an advance of 1Ss per cent, the latter
fer Union Pacific and Central Pacific. After !
o'clock there was a reaction OF tgs per
cent, but this was recovered by z o'clock,
and there was a further advance on a lew
speciallies, namely, Alton and Terre Haute
from 771 to 70, Memphis and Charleston
from "A to 40, Cleveland, Columbus, Cincip-
nsti and Indianapolis from III 10 73f, and
Manitoba from 1904 TO 1914. In the last
hour the market gathered strength, and sey-
eral stocks made the highest prices oil the
day. Among these we're Reading, Jersey
Central, Texas Pacific railroads, Northwest
ern, Louisville and Nashville, L.ekawanna,
and Missouri Pacific. Among the specialtieE
Oregon Navigation advanced 81 per cent. &c
I45, against l414 this morning, and Cleve
land, Columbus, Cincinnati and lndianspo'
lis advanced to III, against 734 at 2 O'Clock
and II last night. As compared with las
night the advance on the general list Il
30I3 per cent, the latter for'Rssding. Th'
EUeninq Post says: "Union Pacific is higher
OIL the strength Of the favorable decision o
the First Comptroller Of the Treasury In re
gard to the obligation Of the government tx
!. pay over in cash the amounts due from tn
mail and other government service on branch
line. of hat road, without reference to any
unsettled claims against the Union Paclh
railway proper. Jersey Central and Reading
srs higher on the strength OF the improving
prospects Of both roads under the lease oil tn
former 10 the latter. st. Paul Is higher
owing TO increased earnings, and also to som
extent PROBABLY to the fact that the compan.
have taken measures TO pay oil the noalln
debt, Burlington and Quincy is higher, as
reaetiou from the decline yesterday. Beside
special causes affecting particular stocks ar
! the hatteripg prospects for grain crops In III
Northwest and q large increase in the earning
of the Southwestern system, as compared wit
the same week last year" Closing quolalnr
were as follows: