Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-12-13
FINANCE AND TRADE.
FINANCE


rate demand and easy.
Deem Der 18th ........s 32S,494 a Is.sl4 ::
same time last week..-. 1S6s6g3 3 15sG21 &
| Same week last year. J6i.566 s. 1854 2
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
bUVing, and par selling.
Bank stocks-Bsnk OF Commerce, 1876;
| First National, 102(9110; German National,
200(92l0; Manhstfan, 160C9170; State Ma
tioDal, I22C9125; Union and Planters. III
Railroad stocks-Mississippi and TeRnes-
see, 60G65; Mobile ana Ohio, 27(92S; Mem
| phis and Charleston first mortgage bonds,
| IL, 1l2@9ll6; do second mortgage bonds, Is
| QS85l, I02Ga108; d.. consols, 1l2; Memphis
aud Little Rock fret mortgage bonds, g.,
| l00(GI10; Mississippi and Tennessee consols,
A, IVA; do. 3, 11O(9lI3.
Observation-Disclosures Storage and
Compress Company, nominally higher, l35;
| Memphis Gas stock, 1880; do bOnd-, go
| 100; Memphis Water Company, bonds with
| accrued interest, par; stock, l2O; Memphis
city bonds, old, 80; compromise bonds, So;
coupons from old bonds, 30; from compro-
M Use bonds, 90; ledger balances, %; judg-
menis on coupons and bonds, 80; paving in
debtedAess, 20; Shelby county (Memphs and
Ohio railroad) Is, SO; warrants, SO 9l00 bid
none ON the market; Mississippi levee bonds
and coupons, District No. ], 1lGl24; do.
scrip, I24124; Bank of Tennessee notes,
new issue, 35@45; Crittenden county (Ark.)
warrants, 20; do. Dssha county, 81; do. Mis-
sissippi county, 80.
PARIS, December 12.-Rentes, SOf. 40c. e.
New ORLEANS, December l2-Sight ex-
change on New York par. Sterling ex-
chauge-bankers' bills, 4974.
LONDON, December l2.-Consols, 100 IL
16; on account, 100 1916; n W IS extended,
IQ5: A. l244: Illinois CentcaI- 494iT Pam
sylvsnia Central, 81; New York Central,
10 I; Erie, $50; Erie seconds, SO; Reading,
26J.
New YORK, December 12.-Money 4(96 per
cent, closing at per cent. Prime mercantile
paper, GAS per cent. Sterling exchange
bankers bills steady, 1901; demand. 4S41
Government bonds per cent. higher for Is
registered and higher for coupon; unchanged
for other issues. Railroad bonds moderately
active and higher. State securities neglected.
Speculation on Sleek Exchauge active and
strong. Al opening the market was strong
at an advance from yesterday closing prices
of s(0l per cent; the latter ST. Paul pre-
feTred. The market continued strong the
6rst hour, recording advance of HOPE
per cent; ST. Paul, Union Pacific,
Delaware, Lackawanna ana Western,
Onsha, Michigan Central and Missouri
Pacific being most conspicuous. The mar
ket after this became less active and gener-
ally heavy, and shortly after midday re-
duciion of 391s per cent. took place, led
by Union Pacific, Omaha and 81. Paul, bul
the market again became strong, uuder the
impression that the Northwestern railro ad
troubles would 1 e adjusted during the afteI-
noon, and advanced with occasional frac-
Iional reactions till shortly before the close,
the advance ranging from TO per cent; |
Pacific Mail, which sold up 10 40, Alton and |
Terre Haute preferred and common, Union |
Pacific, Northwestern, Western Union and |
Missouri Pacific leading the upward move |
ment. The market after this became irreg- |
ular and so closed. Closing quotations, as
with those OF yesterday, show an |
Improvement of 81 per cent. in Pacific Mail, |
8 in Alton and Terre Hsute, in ST. Paul |
preferred, q in 81. Panl common, "a in |
Union Pacific, in Delaware, Lack aw Inna
and Western, ana 4(9l4 in the remainder of |
he list, the latter Western Union. Closing |