The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-07-27
JOHN IL. NORTON
8 Madison ST., Memphis, Tenn,
DEALER IN
STOCKS AND BONDS
FINANCE.
BUYS AND SELLS
AMERICAN COrGON,
OIL TRUST CERTIFICATES,

Money in good demand at per cent
The Clearing House report is as fol
lows:
Monday, July 26tb, $140,l0 76
Same day last week, 1852, 733 Sc; same
day 1886, $102,652 II; came day 1884
$S6,46O "a.
BALANCES.
Monday, July Goth, $37, 1854 "a
same day last W elk, $64, 529 Sc; same
day 1885, $l7,295 10; same day 1884
So, 463 81.
EXCHANGE.
New York sight on all points, par
buying, / premium selling; New
England demand, discount buying
New England sight, discount; New
Orleans, discount buying, par selling.
BANK STOCKS.
Bank of Commerce l46 Did, 149 asked
First National. .m...#l47 bid, l52 asked
German Bank. 1882 bid, 1876 asked
State National. .."%l45 bid, 148 asked
Union and Planters $50 bid, ISL asked
Mercantile Bank.,..l35 bid, 1874 asked
INSURANCE STOCKS.
Bluff City 100 bid, -. asked
Hernando.."...""...l02b bid, los asked
Home. .........75 bid, 80 asked
Memphis City.""..l024 Did, l05 asked
Peoples............"....S23 bid, SO asked
Phoenix ....... ........,. 100 bid, l02 asked
Planters. bid, lO5 asked
Vanderbilt. .."""."..25 Did, rs asked
Arlington ...u...........30 bid, -. asked
Factors. ............ ................20 asked
MISCELLANEOUS.
M. and O. F. r. shares..37 bid, -. asked
M. & I. R.R. shrs, ......45 bid, 80 asked
M. & @. consols, 7s...11S bid, &c. asked
M. & L. R. lst m. Ss... 105 bid, -. asked
Miss. & T. r. cs, IA. III bid, lis asked
Miss. & T.R Res, BLOC bid, 10S asked
Tenn. WITS. ser. D......90 bid, SO asked
Tenn, WITS. Ser. L TO J..S2 bid, So asked
Shelby Co. 6s..."....-10S bid, ITO asked
Tax. Dist. 4, 3d.. 81 bid, 90 asked
Tax. Dist. 6s...........104 bid, 105 asked
Mem. Gas bonds ..... los bid, e. asked
Mem. Water bonds. SO bid, ... asked
Hanauer Oil Works. e. bid, IS asked
Am. Cot. Oil trust ,...3l4 bid, 1928 asked
Pioneer Cotton Mills. % bid, so asked
Mem, Stor. Com. Co..100 bid, l02 asked
Mem. Gas stock......7S bid, 50 asked
"Ex-dividends.
NRw York, July 26 Money on call
is easy at 2@24 per cent. Prime mer-
camille paper 4@5. Sterling exchange
lower; actual rates, 4S53c for 60 day
bills, and 4S7c for demand.
Bonds Government bonds were
quiet but strong, and the As quoted
&c higher. State bonds were dull but
strong for the is: ues dealt in. Railroad
bonds quiet and generally finn; salea,
81, 266,000. There was a somewhAt
better dis tribution of sales without
any specifically conspicuous Issue,
the Texas Pacific baing quiet. Final
prices generally show advances, bu!
in very few caets for more than
fractions Indiana, Bloomington and
Western seconds are up 2, at "a Lou S.
vile and Nashville, ST. Louis division,
seconds A. at IS; Norfolk and Western
general eixes 3, at lCG; Texas and
Pacific incomes !, at As, and the ter
minals II, at 471
StJcks-Ths market today wal n
dull enc, almost barren of news and
with very little lie except in Northern
Pacific, Texas Pacific, Reading and |
Consolidated Gas, in which special
causes contributed to make these usu-
ally quiet stocks active. In the case
of the prapgers, the late scouraging |
utterances Of gentlemen in the Chicsgo
party has he'd damaging effect upon
speculation in these stocks. Advices
from Philadelphia today stated that
the sale of lands by the Northern Pa
cific had been arranged, and rumors
in regard TO the contest for control of
the latter company were given color
by the activity and strength in the
common stock. A story was set shoat
early in the morning that a rival to the
Consolidated Gas Company was to be
established in this city and the stock
was weak in the early dealings, but
later the decision by Attorney General
D. Brieu in favor OF the company was
announced, which started a buying
movement in the stock and lifted
7 nearly per cent. The opening.
his morning was strong, first prices
moving advances ranging from 1 10 4
Der cent, the latter in Reading. Tbs
nGket showed some activity in the