The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-09-17
JOHN Il. NORTOM
8 Madison St, Memphis, Tenn,
DEALER IN
TOCKSAND BONDS
BUYS AND SELLS
AMERICAN COTTON,
OIL TRUST CERTIFICATES.
FINANCE.

Liz OI6hTLD hOuSe KopO1t 40 no AoA-
lows:
Thursday, September 10th, 3142,-
$50 So; thus far this week, S698, 164 40;
same time las; week, S770,S14 90; same
time in 1885, $685. 53 81 same time in
1884, $274,77i 20.
BALANCES.
Thursday, September 10th, $780,
b67 SO; thus far this week, S267, 230 SO;
same time last week, $29S,315 80 same
time in 1885, s246,SS5 81; same TINA in
1884, $50, l24 IS.
EXCHANGE.
New York sight on all points, par
buying, I premium selling; New
England demand, ! discount buying;
New England sight, / discount; New
Orleans, I discount buying, par selling.
BANK STOCKS.
Bank of Commerce JAG bid, 149 asked
First National ,.........160 bid, 165 asked
German Bank 1876 bid, 200 asked
State National. .......145 bid, $50 asked
Union and Planters. $50 bid, 1873 asked
Mercantile Bank....135 bid, 1874 asked
INSURANCE STOCKS.
Bluff City 100 bid, =. asked
fernando. .............l00 bid, So. asked
Home. bid, 80 asked
Memphis City.".".lO22 bid, 105 asked
Peoples ....".""..""..S0 bid, 81 asked
Phoenix ...... ..........98 bid, 100 asked
Planters. .................107 bid, -. asked
Vanderbilt. .............25 bid, 26 asked
Arlington ....... .........30 bid, -. asked
Factors 20 asked
MISCELLANEOUS.
M. and Q. R.R, shares..36 bid, ... asked
M. & T. R.R. shrs, ......45 bid, 80 asked
M. & @. consols, 7s...119 bid, ... asked
M. & L. R. 1st m. Ss... 105 bid, e. asked
Miss.&T.R. R. cs, A. Ill bid, 113 asked
Miss. & T. r. Res, B. 10l3 bid, l03 asked
Tenn. wits. ser. D.......@ bid, SO asked
Tenn. WITS. ser. E to J..83 bid, So asked
Shelby Go. 6s......-108 bid, ITO asked
Tax. Dist. A, 6s,.... 973 bid, 9S3 asked
Tax. Dist. 6s.......1043 bid, 1864 asked
Mem. Gas bonds ...... l04 bid, =. asked
Mem. Water bonds.....9 bid, -. asked
Hansuer Oil Works.. -. bid, IS asked
An. Cot. Oil trusts...54 bid, SO asked
Pioneer Cotton Mills. ...25 bid, 80 asked
Mem. Stor. Com. Co..102 bid, lob asked
Mem. Gas stock.....75 bid, 80 asked
New YORK, September 16.-Money
on call loaned at from 4 to 8 per cent,
closing at 5 per cent. asked. Prime
mercantile paper 4@5 per cent. Stel-
ling exchange steady and unchanged;
&C ual rates, 4Sl3 for sixty day bills
and 4S43 for demand.
Bonds Government bones were
dull but strong. State bonds were dull
and steady.
Stocks-Reading was the one feature
in today's market, the business in that
stock being about one-ffth of the ca
tire business done. Many rumors
were ahoat in regard 10 the property,
utthey al agreed that a compromise
between the opposing interests either
had been or was about to be Consum-
mated. In fact, many kilograms were
received from Philadelphia, saying
that q settlement had been effected.
No official confirmation either mi
way or the other, however. The only
excitement in the market was fur
nished by Reading, the buying coming
from all quarters, but there was a free
supply and the stock advanced but
little after the opening. Je,sey Cen
trial was materially helped by the
stories on Reading, and it was an
nounced that il was receiving larger
1emittances from the latter company.
Stocks-There was considerable
trading ia Louisville and Nashville,
Union Pacific and Pacific Mail, which
were notably strong. Outside OF the
stocks mentioned, however, fuctua-
tons were small and dealings of little
interest, although there was an active
trading in S.. Paul, Lackawsnna, Lake
Shore and Canads Southern, the latter
being the strongest stock on the gen
e1al list. The opening was compare
lively quiet though firm, first prices
being generally to above the clos
ing figures OF last evening. Reading,
however, was up and Delaware aud
Hudson 4. There was S )me heaviness
apparent in the early trading, but this
disappeared before IL o'clock, after
which prices moved up slowly aud
steadily throughout the remainder
the day. the afternoon market, he