Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-12-17

Exchange on New York buying at dig
count, selling at par. Eastern cotton bills
buyiug per cent. diecount, selling at par;
and exchange on New Orleans discount
| buying, and par selling.
Bank stocks-Bank of Commerce, 1876;
First National, IO29110; German National,
2OO(9210; Msnhatl an, 1609170; State Ma
tiooal, I229125; Uuion and Plznters. 1874.
Railroad stocEs-Missisaippi and Tennes-
see, 60965; Mobile and Ohio, 27(928; Mem
| phis and Charleston first mortgage bonds,
| 7s, 11291l6; do. second mortgage bonds, rs
| 1885l, 102G0l0S; do. consols, liz; Memphis
and Little Rock first mortgage bonds, g.,
| local 10; Mississippi and Tennessee consoIs,
A, 174; do. B, 1109l13.
| Miscellaneous-Mercha ants Storage and
| Compress Company, Dominally higher, 1876;
Memphis Gas stock, 5000; do, bonds, 9i(9
| 100; Memphis Water Company, bonds with
accrued interest, par; stock, 40; Memphis
city bonds, old, 80; compromise bonds, So;
coupons from old bonds, 80; from compro-
mise bonds, so; ledger balances, %; judg-
ments on coupons and bonds, 30; paving in
debtedRess, 20; Shelby county memphis and
Ohio railrosd) IS, SO; warrants, 96t9100 BID
none on the market; Mississippi levee bonds
and coupons, District No. ], 1l@123; do.
scrip, 12@124; Bank of Tennessee notes,
new issue, 35945; Crittenden county (Ark.)
warrants, 20; do. Desha county, 81; do. Mis-
sissippi county, 80.
NEW YORK BANK STATEMENT.
New YORK, December 16.-Loans, in
crease, s., 939, 400; specie, increase, 81 $780,
800; legal-tendsrs, increase, 1911 200; de-
posiIr, Increase, S5,S88, 500; circulation, de-
crease, 1924, 900; reserve, increase, $976, 675.
The banks now hold $6.079. 925 in excess Of
legal Requirements.
PAKIs, December l6.-Rsatee, 7of. -
New ORLEANS, December 16.-Sight ex-
change on New York par. Sterling ex-
change-bsnkers' bills, 4S0.
LONDON, December 16.-Illinois Central,
SOL; Pennsylvania Central, 624; New York
Central, 36}: Erie, 4ls; Erie seconds, Az;
Reading, 2Ss. rssr
NEW YORK, December 16.-Money 5@6
per cent, at the close offered at 5. Prime
mercantile paper, SOS per cent. Sterling ex-
change-bankers' bills steady, 4SOz; demand,
4S5. Government bonds ] per cent. lower
for As and AIS coupon, but unchanged for
80 extended, IS and AIS registered. Railroad
bonds moderately active and generally
higher. State securities dull and without
feature. Speculation on the Stock Ex-
change to-day was irregular and In the
main weak, with prices lower than yester-
day. The market opened strong at gene
raj advance from yesterdays closing figures
of 492 per cent, the latter Cleveland, Column
bus, Cincinnati and Indianapolis. There
was further advance early Of 592 per
cent, led by Delaware, Lackawanna and
Western, after which the market be-
came weak and about IL o'clock prices
fell off t(02 per cent, Denver and Rio
Grands, Omaha, Rock Island, New York
Central, and Union Pacific being most prom
inent in the downward turn. There was
then rally of l@a per cent, after which
the market again became heavy, and about
midday fell of Toll per cent, led by Den
YER and Rio Grande, Texas Pacific, and
Western Union. 10 The early afternoon
there was a fractional improvement, but
about o'clock the list again sold down 4@
Ii per cent, Delaware, Lackawanna and
Western, Denver and Rio Grande, Michigan
Central, and Western Union suffering most
severely. Subsequently rally of tSB per
cent. was followed in final trade by decline
of 5@1 per cent, and the market closed
weak at decline on the days transactions
Of 1921 per cent, Denver and Rio Grande,
Omaha, Western Union, Texas Pacific, and
New York Central being most conspicuous
therein; Cleveland, Columbus and Indianap-
oils, however, is per cent. higher. Closing