Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-12-15
FINANCE AND TRADE.
FINANCE.

rate demand and easy.
IS Clearines. Balances
Thus far this week.-..-..- 1l47,02I e5 1850 .
same time last week. LIB 62 81 Sol.449 o
| same week last year.. S29.51 10 1888 4
Exchange on New York buying at / dis
count, selling at par. Eastern cotton bills
| buying per cent. discount, selling at par;
| and exchange on New Orleans I discount
buying, and par selling.
Bank stocks-Bank of Commerce, 135;
First National, 102(9110; German National
| 200@210; Mani attain, I6O(a170; State Ma
tiouaI, I22@I25; Uoion and Planters, I27l.
1 Railroad stocks-Mississippi and Tennes-
see, 6O965; Mobile and Ohio, 27(92S; Mem
| phis and Charleston first mortgage bonds,
7s, 112t9116; do. second mortgage bonds, 7s
| (1S85), 102(A10S; do. consols, 1I2; Memphis
| and Little Rock first mortgage bonds, g.,
| local 10; Mississippi and Tennessee consols,
| A, IVA; do. 3, 1109ll3.
Miscellaneous-Mercha Storage and
Compress Company, nomiuslly higher, 1876;
Memphis Gas stock, 5000; do, bonds, 91G1
| 100; Memphis Water Company, bonds with
accrued interest, par; stock, 120; Memphis
| city bonds, old, 80; compromise bonds, So;
coupons from old bonds, 80; from compro-
mise bonds, 80; ledger balances, Is; judg-
ments on coupons and bonds, 30; paving in
debtedHess, 20; Shelby county Memphis and
Ohio railroad) IS, SO; warrants, 8@100 bid
none on the market; Mississippi levee bonds
and coupons, District No. j, 11@I24; do.
scrip, 129121; Bank Of Tennessee notes,
new issue, 35G945; Crittenden county ARK
warrants, 20; do. Desha county, 81; do. Mis-
sissippi county, 80.
PARIS, December 14.-Rentes, 79f. 90c.
NEW ORLEANS, December 14.-Sight ex-
change on New York par. Sterling ex-
change-bankers' bills, 479494S0.
LONDON, December 14.-New 5s extended,
1851; 4s, 1881; Illinois Central, 1893; Penn
sylVania Central, 623; New York Central,
279.
New YoRE, December 14-Money 3@5
per cent, closed offered 8 per cent. Prime
mercantile paper, 6@S per cent. Sterling
exchange-bankers' bills steady, 1907; de-
mand, 4843. Government bonds were strong
at an advance OF lot per cent. Railroad
bonds strong on a moderate volume of busi-
ness. State securities II per cent. higher for
Tennessee IS, new; otherwise neglected. The
stock market, on the whole, was irregular to-
day, but with a general upward tendency,
and the result of fluctuations showing i'm
provement over yesterdays prices Of 4(92s
per cent; Pacific Mail, Erie, Chi
cago, Cleveland, Columbus and In
dianapolis, and granger stocks be-
ing most prominent therein. At the close
many stocks were at the highest points of the
day. The explanation of the advance in
Pacific Mail is that q certain block of over
10000 shares, which has been held by a GER
tain prominent operator and been used by
him as dead weight TO depress the market,
was to-day taken out OF his hands by parties
who have taken hold Of this stock for an adj
vance. Officers of the Union Pacific, in ex-
planning the apparent discrepancy in re-
ports of earnings Of the road for the first ten
months of 1881, as compared with the same
period of 1882, say that in nearly all cases
mouthly estimates of earnings are below the
actual amounts, and that they believe the
current monthly estimates for this year are
below the actual earnings, though not so
largely as last year. Officers of the road
have furnished the following statement Of
actual earnings and expenses of the whole
system for ten months, to October 81, 1881
and 1882:
1878 SIS Os2,2 al
l5 4l9,3S9 l29oS,o4o
Surplus earnings .......sIl. s2eol4 S12,o9S, 72e
The editor of the Wal Street Netos was ar
rested to-day at the instance of the Denver
aud Rio Grande Railroad Company, charged
Mi fall runaora afoak