Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-06-20

same week last year. 255,si6 II 1857 5.
Exchange on New York buying at par,
selling al / premium. Eastern cotton bills
buying at / per cent. discount, selling at par;
and exchange on New Orleans / discount
buying, and par selling.
Bank stocks-Bank Of CommGce, 135 bid,
40 asked; First National, 118; German Ma
ional, 200; Manhattan, 1609l70; State Ma
iionsl, 126 bid, 100 asked; Union and Plant
ere, AS bid.
Insurance stocks-Home, so; Bluff City,
100; Peoples, IS; Planters, lis; Phoenix, 90;
Memphis City, I0OGl03; Heruando, 1860
10; Vanderbilt, l31l5.
Railroad bonds-Chesapsake, Ohio and
Southwestern frat mortgage, 95 asked; Mis-
si5sippi and Tennessee, 50; Memphis and
Charleston first mortgage bonds, 7s, ia;
do. second mortgage bondq, "a (I885), 103;
do. consols, 104; Memphis and Little Rock
irst mortgage bonds, So, So; Mississippi aud
Tennessee consols, A 1913; do. 3 108.
Miscellaneous - Taxing District compro-
mise bonds, 623; Merchants Storage and
Compress Company, new issue, 140 bid, $50
ssked-light offerings; Memphis Gas stock,
Sl@S3; do. bonds, 100; Memphis Water Com
pany, bonds with accrued interest, par; do.
took, $50 bid; Memphis City bonds, old, $40
35; compromise bonds, 7097I; coupons from
old bonds, "a; from compromise bonds, 20;
ledger balances, "a; judgments on coupons
and bonds, 81; paving Indebtedness, "a; Shell
BY county (Memphis and Ohio railroad) 6s,
100; warrants, 95; Mississippi levee bonds
and coupons, District No. l, 10; do. scrip,
10; Bank of Tennessee notes, new issue, IS;
Critten6en county (Ark.) warrants, 6597O;
Dssha county, 80; Mississippi county ,60970
BY Telegraph.
NEW YORK, June 10 MONEY market easy,
2@(93 per cent, closed 2 per cent. Prime
mercantile paper, 4953 per cent. Sterling
exchange-bankers' bills weak, 485; de-
mand, 4S61.
Bonds-Governments firm. Railroad honda
irregular. The feature of the afternoon
market was break in East Tennessee in
comes frsm 36f to 80; subsequently bonds
recovered TO SO. State securities dull.
Stocks-The market opened feverish, and
eontinuedAso without any very important
change 10 prices until about 1870 o'clock,
liter which it became 6rmer, and, though |
rading was light, the entire list advanced
gradually until abou. II o'clock, the advance
up 10 that time being from TO per cent,
me latter Northwestern, to 124. the strong
eat stocks during the afternoon we're North |
western, St. Paul, Lake Shore, Northern Pa |
cifcs, Ere, and coal shares generally; |
Wabash and other Gould stocks were quiet
and frm at about yesterdays prices, except |
Western Unien, which was per cent. lower. |
Among the specislties there were some
sharp advances; Alton and Terre Haute, |
per cent. to S43; Memphis and Charleston, |
per cent. to 10. There we're also some ex-
ceptions; Ohio and Mississippi declined from
50 to 34ss and Cedar Falls sold at 10 against
171 yesterday. The foregoing was the con.
ditlon up TO noon, when the announcement
Of the failure Of the brokerage firm of r. H.
Parks & Co., doing pretty fair business in
grain and provisions, and moderate one in
railway stocks, and correspondents of
Nichols & Co., caused q decline of 10 I in
The general market, the latter Lake Shore
In half an hour about 800 shares of Jersey
Central, Wabash preferred, st. Paul and
Rock Island, were sold out under the rule,
presumably for account OF Parks & Co. The
arket, however, continued quiet, and in a
lew minutes there was recovery OF ] to /,
leaving the market very little changed from
last night. After 1890 o'clock the stock
market was steady, and there was an i'm
provement in prices until about l o'clock, at
which time there was pretty sharp decline
TO the extent of to ! per cent, the latter on
New York Central 10 1904; Alton and Terre
Haute declined L per cent, and
Cleveland, Columbus, Cincinnati and
indianapolis t; the rest of the market
heclineu 10 4. Az 1 no O'CLOCK the market
became steady again, and there was a recov-
cry of / to 8, the latter New York Central.
Al O'clock the market was dull but steady, J
and go continued during the next half hour. /
In the last hour the market became weak |
and prices declined ] to I, the latter Louis |
vile and Nashville, to 81. Aside from this !
there were no special features. At the close
the market WISE steadier, but dull. The re-
suit OF the days business shows decline of
a fraction on majority of stocks, but moth |
log of importance in any of the usually ac-
tive stocks. Among the specialties there |
were some larger changes, namely: Cleve- !
land, Columbus, Cincinnati and Indian
apolis declined ], and Ohio and Mississippi |
1t. Ga the other hand Oregon Improve
ment Company advanced in the last hour
4, making the advance for the day & Alton
lerre Haute advanced 81 for the day, and
Memphis and Charleston 2. Closing quota
tions were a. follows: