Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-08-25

Ssme week last year..-..... 2s7.S3l % 1885, 8
Exchange on New York buying al par
selling at premium. Eastern cotton bill
buying at per cent. discount, selling at par
and exchange OF New Orleans t dlscoun'
buying, and par selling.
Bank stocks-Bank of Commerce, 3 bid,
140 asked; First National, ll8; German Ma.
tional. 200: Manhattan, l609l70; State Ma
tional, 1923 bid, 100 asked; Union and Plant.
era, AS bid.
Insurance stocks-Home, 80 offered; Bluff
City, 100; Peoples, IS; Plaoters, u.s. Pho
nix, go; Memphis City, l0O4l03; Heruando,
l059l10; Vanderbilt, 23925.
RIilroad bonds-Chssapeake, Ohio and
Southwestern first mortgage, 95 asked; Mis-
sissippi and Tennessee, so; Memphis aud
Charleston first mortgage bond-, 7s, ia;
do. second mortgage bonds, rs (l885l. 103;
do. c~onsols, 104; Memphis and Lutte Rock
fret mortgage bonds, S., 49, Mississippi and
Tennessee ~consols, A 123; do. B 108.
Miscellaneous Taxing Istrict compro-
mise bonds, "a; Merchants Storage and
Compress Company, new issue, 1876; Mem
phis Gas stock, 8l083; do. bonds, 100;
Memphis Water Company, bonds with
accrued interest, par; do. stock, 100 bid;
Memphis City bonds, old, 34@35; COM
promise bonds, 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) g.,
100; warrants, 95; Missi4sippi levee bonds
and coupons, District No. l, 10; do. scrip,
10; Bank Of Tennessee notes, new issue, IS;
Crltlepden county (Ark.) warrants, 65@70;
Desha county, so; Mississippi county ,6O97O.
By Telegraph.
NEW YORK, August 24.-Money is very
easy, 2993 per cent. closing offered at 2 per
cent. Prime mercantile paper, 81 per cant.
Sterling exchsnge-bankers' bills steady,
1921; demand, ass.
BoLds-Governments firm; at The board
Al. registered, brought 1923, and AIS coupons,
1874. State bonds merely nominal. Rail-
road bonds quiet and firm.
S.ocks-Sl4r are speculation opened firm and
fair amounts of Northern P1c f., Oregon
and TransconIinents and Denver we're taken,
prices advancing 3@13 per cent, the latter
for Northern Pacific preferred. Before 1920
O'Clock stocks were again lower, the early
strength disappearing entirely. From this
time ill 2 o'clock the market was quiet, and
lower quotations were the rule. The demand
then increased, Jersey Central, Canada
Southern, Western Union and Southwestern
leading in the upward movement. The i'm
provement ranged from 10 IL per c'pt.
LIKE ouOGS WAS Ihtuf HcaA tnEIuSnOul u
IO5591o35, while Uaion Pacific was in de-
mand at l873@1Ssi Outside shares we're
usually active. MsmPLis and Charleston was
a feature, rising from 39A TO AZ on large
transactions. The advance wos due to vumors
that the trouble between that company and
the East Tennessee hsd been arranged favor
ably TO thu former; i; CLOSET 81 40. Com
pared with last nights closing, prices
were TO per cent. higher, except
for Northwestern, Lackawanna, Denver,
Lake Shore, Louisville and Nashville, New
York Central, Michigan Central and Read
ing, which are TO 4 per cent lover. In the
specialties. Alton and Terre Haute rose 8
per cent, PuIlmsn Palace declined l per
cent, Houston sud Texas 2, Maryland Coal
and ST. Joe pref FRED 8. Sales ouly 265,0S3
shares, the smallest siuce August S:h. In
railway mortgages the most important change
WIS an advance of A per cent. in Denver aod
Bio Grsnie consols and q per cent. in Rio
Graude and Western firsts. FJreigu ex-
change was steady TO firm in early dealings.
Toward the close buyers demanded co1css-
sions, which were granted in a few cases.
Closing quotations were as follows: