Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-05-23

Exchange on New York buying at par,
selling at premium. Eastern cotton bills
buying at / per cent. discount, selling at par;
and exchange on New Orleans / discoun;
buying, and par selling.
Bank stocks-Bauk Of Commerce, 1876;
First Nationa', us; German National, 2CO9
2IOi Manhattan, l6O@l7O; State National,
125 bid; Union and Planters, 140Sl42i
bid.
Insurance stocks-Home, 67(170; Bluff
City, 100; Peoples, s.; Planters, lis; Pho
nix, 80; Memphis City, 100; Hernsndo,
1924; Vanderbilt, l3G15.
Riilrozd bonds-Cnesspe2ke, Ohio ard
Southwestern frat mortgage, 50 asked; Mis-
fissipp and Tennessee, 45C950; Memphis and
CharleEton first mortgage bonds, 7s, HOG
] "a; do. second mortgage bonds, 7s (l8S5),
l02lGlO4; do. consols, 104C9lO6; Memphis
aud Little Rock FIRST mortgage bonds, g., 80
(el00; Mississippi and Tennessee consols,
A 1249l26; do. 2 l089110.
Miscellaneous -Merchants' Storage and
Compress Company, rev issue, l40 bid, $50
asked-light offerings; Memphis Gas stock,
so; do. bonds, 95998; Memphis Water Com
pany, bsDdz with accrued interest, par; do.
stock, l4O bid, $50 ssked; Memphis City
bondP, old, 30(0331; compromise bonds,
65Cg6S; coupons from old bonds, 80; from
compromise bonds, TO- ledger balances, SO;
judgments on coupons and bond, 80; paving
Indebtedness, 80; Shelby county (Memphis
and OHIO rsilrosd) g., 98(Gl00; warrants, 95
ass; Mississippi leyee bonds and coupons,
District No. l, l0@l1; do. scrip, l0@l1;
Bank Of Tennessee noteS, new issue 704(B7l;
Critlepden county ARK warrants, 70; De.
sha county, 60; Misslsgippi county, 70.
By Telegraph.
NEW YORK, May 22.-Money, 293 per
Oent., closed 24G3 per cent. Prime meroan-
tile paper, 5(96 per cent Sterling exchange
banker bills strong, 485; demand, 1881.
Bonds-Governments 5(9s per cent. lower.
Railroads irregular and without feature.
State securities quiet and strong.
Stocks-Ihe market WAS again unsettled
aud feverish during the forenoon, though
fluctuations we're over a narrow range, and
continued to decline up till 2 o'clock, when
a raid saemed 10 be made and prices we're
further depressed TO {, the latter on Ore
gon and 1rsBscontineotal and st. Paul, but
in the last half hour there vas complete
reversal Of the situation, and the decline Of
the frat half hour was more than recovered.
In the last half hour Northwestern ad
vanced 1t for preferred to las, per cent. ia
CDhuoOu " LIZ Luz PSI Stbh' "
1915, per cent. In Lsckawsna 10 1881, l ia
Michigan Central to 924, ! in Union Pacific
TO 92s, Central Pacific l per cent. to 72!,
Lake Shore Ii per cent. TO 1853, St. Paul
1 per cent. TO I0ls, Louisville per cent. to
45s, Oregon TrsnscO1tintnlal per cent. 10
81J The rest Of the active list advanced /
to {. Several stocks touched extraordinary
low prices to-day as compared with the last
two Snd q half yesrs. Chicsgo, Burlington
and Quincy cold to-day at 1909, the lowest
price at which it sold during Two ysars-1sSl
and ISs2--beiug 1904 in November, 1881.
Central Pacific sold to-day at ~ /, the lowest
price in two years, being 500 in 1882. Union
Pacific sold to-day at 9lt, the lowest price
at which il cold 10 1881 and 1882, being 995
in November, 1881. New York Elevated
was offered to-day successfully At 10Y, los,
104, 1903, without any sales. The Evening
Post says: at is apparent that Tor the last
two days the market has been left enlicsly
without support from the 'bulP SIDE, and
the bears have hsd il all their own way,
and it is thought nave 70 f'r oversold the
market that any conAiderahle buyiug would
cause a sharp advance. The L.high Nsvi-
CATION Company declared semi annual
dividend of q per cent, the last semi annual
being per cent" Closing quotations: