Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-01-07
FINANCE AND TRADE.
FINANCE.

ftleNENSG
money continues easy at s per cent. Ex-
chAnge abundant at quotations, while there
Is nothing doing in securities.
2 LAM otn"--"""---"- 20s,9 500 AZ 81. 67s 81
Thus far this week--.-.. Le4s,65i OF q5i,725 IS
sAme time last week. I,l93,56S 6S 2I6.79 Is
same week Last year.. L,O7s,O69 e. 1885, SO a
Exchange on New YefK buying at dis
count, selling at Ear. Eastern cotton bills
buying per Gems. diccount, selling at par;
ana exchange on New Orleans / discount
buying. and par selling.
Dsnk stocks-Bsuk OF Commerce, 1876;
tlIst National, 102@110; German National
ZVotgzlO; Manhattan, 1609170; State Ma
tonal, l22@125; U0ion and Planters, 1874.
RsIIrosd stocks-Mississippi and Tepnes-
see, oOg65; Mobile and Ohio, 27@2S; Mem
PMS and Charleston first mortgage bonds.
g, IlZel16; do. second mortgage bonds, 7s
lleo2), lo2G9l08; do. %consols, liz; Memphis
AID Little Rock frat mortgage bonds, g.,
iOOSgi III; Mississippi and Tennessee censoIs,
A, IVA; do. B, 110@ll3.
Observation-Disclosures ts' Storage and
Compress Company, l5O; Memphis Gas
stock, a5@S0j do, bonds, 91@100; Men,
Phis Water Company, bonds with &C.
crued interest, par; stock, 100; Memphis
city bonds, old, 30; compromise bonds, So;
coupons from old bonds, go; from compro
mice bonds, 50; ledger balances, %; judg-
ments on coupons and bonds, 30; paving in
debtedRess, 20; Shelby county (Memphis and
Ohio raIlroad) 6s, SO; warrants, 989l00 bid
none on the market; Mississip pi levee bonds
and coupons, District No. j, 1l6I28; do.
scrip, 12@l23; Bank OF Tennessee notes.
new issue, 35@45;. Crittenden county (Ark.)
wsrrants, 20; do. Dssha county, 81; do. Mis-
sissippi county, 50.
NEW YORK BANK STATEMENT.
NEw YORK, January 6.-Loans, increase,
$6,348,O00; specie, increase, S2,525, 900;
legal-tendsrs, increase, 81, 540,50O; deposits,
increase, $ll ,217 1900; circulation, decrease,
SS7, 1905 reserve, increase, 81, POI, 825. The
banks cow hold $4,697,2 25 in excess of legal
requirements.
PARIS, January 6.-Rentep, 79f. Coo.
New ORLEANS, January 6.-sight ex.
change on New York par. Sterling ex.
ehSnge-bankers' bills. 480.
LONDON, January 6.-New IS extended.
1863; "a, 1913. Illinois Central, 481; Penn.
s~ylyznia Central, 81; New York Central, 3I3;
Erie. 2sa.
NEW York, January 6.-Money loaned
between 3@41, at the close was offered at 8
per cent. Prime mercantile paper, 6@8 per
cent. Sterling exchange-baDkers' bills
steady, 4S04; demand, 4843. Government
bonds per cent. lower for As coupon, |
lower for As registered and Ala coupon, and
unchanged for IS, So and AIS registered.
Railroad bonds irregular, but generally
higher. State securities neglected. Stocks
opened weak and lower, and after fluciHating
frequently during the day finally left off
10 u per cent. below the closing figures OF
last night; the weakest stocks were New
York Central, Lake Shore, Northwestern, and
Texas and Pacific. The market closed
s,esdy. There are some additional compli-
cations in the affairs of the elevated roads.
The new litigation between the Gold and
Stock Telegraph and the Western Union,
and the reported probable issue Of $6,OOO,,
600 of bonds by Lake Shore, have probably
had effect to cause hesitancy. Closing quo
tations as follows: