Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-01-25

Same week last year.. 49l5513 81 1868 rs
Exchange on New York buying at l dis
count, selling at par. Eastern cotton bills
buying I per cent. discount, selling at par;
and exchange op New Orleans 1 discount
buying, and par selling.
Bank stocks-Bank Of Commerce, 1876;
First National, 102@110; German National,
| 200@210; Mani attain, 16o@170; State Ma
| tional, 1229125; Union aad Planters, 1876.
Railroad stocks--Mississippi and Tennes-
see, 60@65; Mobile and Ohio, 27C928; Mem
phis and Charleston first mortgage bonds, 7s,
| 1l2(1l16; do. second mortgage bonds, 7s
| (l885), l02910S; do. consols, 112; Memphis
and Little Rock FIRST mortgage bonds, s., 100
| 9l10; Missipsippi and Tennessee consols, A,
IVA; do. B, 1109I13.
Observation-Disclosures Storage and
Compress Company, loo; Memphis Gas
stock, 5000; do. bonds, 97@l00; Memphis
Water Company, bonds with accrued inter
est, par; stock, 40; Memphis city bonds,
old, 30; compromise bonds, So; cospons from
old bonds, 30; from compromise bonds, 60;
ledger balances, %; judgments on coupons
and bonds, 30; paving indebtedness, %;
Shelby county (Memphis and Ohio railroad)
IS, 90; warrants, 989l00 bid-none on the
market; Mississippi levee bonds and coupons,
District No. /, l1@l23; do. scrip, 12(a123;
Bank Of Tennessee notes, new issue, 35945;
Criftenden county (Ark.) warrants, 70; do.
Desha county, 81; do. Mississippi county, 80.
PARIS. January 24-Rentes, 77f Csc.
NEW ORLEANS, January 24.-Sight ex-
change on New York So per $1,000. Sterling
exchange demand, 4s3.
LONDON, January A.-Consols, 102 /. 80;
account, l02 16; new Be- extended, 1864; AIS,
1l6a; A., 1921; Illinois Central, 49i; Pennsyl-
vania Central, CIT; Erie, 4o3; Reading, 2S4.
New York, January 24.-Money, 394
per cent; closed offered 2 per cent. Prime
mercantile paper, 5296 per cent. Sterling ex-
change-bankers' bills steady, 1921; demand,
4S6. Government bonds weak and lower.
Railroad bonds irregular. State securities
dull. The stock market this forenoon was
teyerish and generally weak. 1t opened
lower, fell off little at frat, then strength.
ened up about 10: 80 o'clock so that the gem
eral list was a fraction higher than last
night; but about IL 80 o'clock there was .
break in Denver, which fell from Az
to As in the next twenty minutes. affecting
the whole market to a limited extent. After
1890 O'Clock, and until o'clock, the stock
market continued weak, and the net result
| OF the next hour and half of business was
turther decline Of s(94, but this was after a
| partial recovery from the lowest point,
about / o'clock, at which time Denver sold
as low as A, sfterward recovering to 45}, at
a little before 2 o'clock. To the Last hour
| the market was steadier, and for most OF the
stocks a shade bette than at O'Clock. with
the exception of Lake Shore, which dropped
from 1ll5 to 11o3, as against 1l45 last
Thursday. The decline in Lake Shore is
due to the issue Of 100000 OF per cent
bonds to pay for the "Nickel-Plate." At
| first the general market sympathizsd
with the decline in Lake Shore, but soon
after recovered, and at o'clock was a frac-
ton higher than at 2 O'Clock, but also a frac
ton lower than yesterday. The most active
stock in the last hour was Denver, which
sold at 454, AL, 45s; other active stocks
were Louisville and Nashville, which was
firm, as were also Delaware, Lackawsnna
| and Western, Northern Pacific, and South
western stocSs steady. The Post says: at is
| apparent that Denver is being gradually
eliminated from the general market and its
fluctuations have less and less effect as they
become more cratic" Closing quotations