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


Money commands 3 per cent, with mode
rate demand and easy.
December 18th -..-.....-...s 322,zso 50 5i,iE 2
same same DAY dsy last TssE a 7s$S5 S
Exchange on New York buying at I dis
count, selling at par. Eastern cotton bills
buviDg I per cent. discount, selling al psri
and exchange on New Orleans / discount
buying, and par selling.
Bank stocks-Bsnk of Commerce, 135;
First National, 10291l0; German National,
200(9210; Manhattan, 160l9170; State Ma
tlohal, l22@125; Union and Plsnters, 1874.
Railroad sfccks-Mississippi and gepnes-
see, 60G65; Mobile and Ohio, 27(32S; Mem
phis and Charleston first mortgage bonds,
u, 1I2@ll6; do. second mortgage bonds, 7s
(1S85), 102Gd10S; do. consols, III; Memphis
and Little Rock first mortgage bonds, s.,
local 10; Mississippi and Tennessee consols,
A, ia; do. 3, 1109l13.
Miscel ACKNOWLEDGEMENTS Storage and
Compress Company, nominally higher, l32;
Memphis Gas stock, 75(GS0; do, bonds, 9iC9
100; Memphis Water Company, bonds with
accrued interest, par; stock, 120; Memphis
city bonds, old, 80; compromise bonds, 5S;
coupons from old bonds, 30; from compro-
mise bonds, so; ledger balances, 2Si judg-
ments on coupons and bonds, 30; paving In
debtedness, %; Shelby county (Memphis and
Ohio railroad) g., SO; warrants, 98@l00 bid
none on the market; Mississippi levee bonds
and coupons, District No. ], 119124; do.
scrip, 12@122; Bank OF Tennessee notes,
new issue, 35(G45: Crittenden couniy lark
warrants, 20; do. Desha county, e.; do. Mis-
sissippi county, so.
Paris, December 11.-Rentes, sol. 473c.
New ORLEANS, December 11.-Sight ex-
change on New York par. Sterling ex-
oh :
LONDON, December INV IS, 1042;
A., 1854; Pennsylvania Central, 6ls; New
York Central, 135; Erie, 81 /; Erie seconds,
9S4; Reading, 261.
NEW YORK, December 1l.-Money 3GD6 per
cent, closing at A per cent. Prime mercantile
paper, 6(9S per cent Sterling exchange
hankerz, hilIz-sIeadz- 48l:- dennan6-A21
Government bonds strong and goa per cent.
higher. Railroad bonds moderately active
and generally a fraction higher. State
securities neglected. Share speculation
opened strong, and prices in the main s913
per cent. higher than Saturdays close; the
latter Minneapolis and st. Louis preferred.
In early trade the market continued strong
and recorded an advance ranging from
J to % per cent, in which granger
stocks, Northern Pacific preferred, Union Pa.
cilic and Western Union were most conspic-
uous. At ii O'Clock a reaction OF ] ola per
cent. occurred, u olon racine, NOILneru IL
cifc preferred, and Omaha leading therein,
but the market again became strong, aud at
noon Minneapolis and 81. Louis pr Tired
advanced 3, Minneapolis and St. Louis
common 2, Northwestern 81, Oma-
ba q, Omaha preferred II, and the re-
rsinder OF The list 4@14 per cent, the latter
Delaware, Lackawanua and Western. The
market after this became heavy, and the list
receded HOLE per cent, Omaha leading the
downward lurn, but this was subsequently
succeeded by rally of ! Per cent. The
market then became somewhat irregular, but
in the main weak, aad shortly after 2 O'Clock
prices fell off }92 per cent, Minneapo is
and st. Louis preferred and common, and
Wabash preferred leading the downward
movement. There was then an advance OF
q per cent. in Hannibal and S.. Joe pre-
ferred, and g(9l per cent. in the remaining
list. In 6nal trade some shares fell of a
fraction, but the general N arket closed strong
at al advance on the days transactions OF !
GAL per cant; Northwestern railroad shares
and Hannibal and st. Joe being most con-
soicuous in the rice, CtOsinS quotations: